Heartflow Financial Statements
NASDAQ: HTFLHealth CareMedical/Dental InstrumentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
After hours: 49.74 0.00%
Heartflow revenue and earnings
In fiscal 2025, Heartflow generated $176.0 million in revenue, up 39.9% from fiscal 2024, its 2nd consecutive year of revenue growth. Heartflow reported a net loss of $116.8 million, compared with a loss of $96.4 million a year earlier. Gross margin was 76.8% (up from 75.1%) and operating margin -36.4%.
Diluted earnings per share came in at -$3.17. Over the last 2 fiscal years, HTFL's revenue has grown at a 42.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Heartflow income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 |
|---|---|---|---|
| Revenue | 176.03M | 125.81M | 87.17M |
| Revenue growth (YoY) | +39.92% | +44.32% | — |
| Cost of Revenue | 40.84M | 31.36M | 29.12M |
| Gross Profit | 135.20M | 94.45M | 58.05M |
| Operating Expenses | 199.26M | 155.67M | 130.97M |
| Research & Development | 64.92M | 43.52M | 35.85M |
| Selling, General & Admin | 134.34M | 112.15M | 95.11M |
| Operating Income | -64.07M | -61.22M | -72.91M |
| Interest Expense | 15.17M | 22.77M | 24.69M |
| Other Income (Expense) | -52.80M | -35.15M | -22.19M |
| Pretax Income | -116.87M | -96.37M | -95.11M |
| Income Tax | -76.00K | 53.00K | 547.00K |
| Net Income | -116.79M | -96.43M | -95.66M |
| Net Income growth (YoY) | — | — | — |
| EPS (Basic) | -3.17 | -17.98 | -25.32 |
| EPS (Diluted) | -3.17 | -17.98 | -25.32 |
| Shares Outstanding (Basic) | 36.85M | 5.36M | 4.89M |
| Shares Outstanding (Diluted) | 36.85M | 5.36M | 4.89M |
| EBITDA | -58.63M | -55.86M | -68.17M |
| Gross Margin | 76.80% | 75.07% | 66.59% |
| Operating Margin | -36.39% | -48.66% | -83.64% |
| Net Margin | -66.35% | -76.65% | -109.73% |
This table shows 3 annual periods of Heartflow's income statement, from FY 2025 back to FY 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow HTFL's reporting calendar. What is a income statement?