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Heartflow, Inc. HTFL Operating Income

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Other financials

Income statement

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Revenue$52.6M+41.3%
Gross profit$42.2M+50.9%
Net income-$27.4M+15.4%
EPS (diluted)-$0.32+93.9%

Balance sheet

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Cash & equivalents$24.4M-78.7%
Total debt$26.3M
Total equity$285.7M+132%
Total assets$344.0M

Cash flow

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Operating cash flow-$30.1M-129%
CapEx$1.9M+71.6%
Free cash flow-$32.0M-124%

Valuation

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Market cap$2.34B-3.7%
Enterprise value$2.35B
P/S12.3×

Profitability

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Gross margin78.1%+2.4pp
Operating margin-39.7%-4.8pp
Net margin-58.4%-12.1pp
FCF margin-40.1%-2.4pp

Returns & leverage

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Return on equity37.1%
Debt / equity0.1×
Current ratio5.6×

Where this comes from

Reported directly by Heartflow, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Heartflow, Inc.’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 4:31 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001464521-26-000071
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Selling, general and administrative42,56631,519
Asset impairment charge7,482
Total operating expenses71,66845,443
Loss from operations(29,504)(17,502)
Interest income2,464543
Interest expense(3)(5,093)
Change in fair value of common stock warrant liability(1,606)
Change in fair value of derivative liability(9,045)

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Heartflow, Inc.'s operating income?
Heartflow, Inc. (HTFL) reported operating income of -$29.5M in Q1 2026.
How has Heartflow, Inc.'s operating income changed year-over-year?
Heartflow, Inc.'s operating income decreased by 68.6% year-over-year, from -$17.5M to -$29.5M.
What is the long-term trend for Heartflow, Inc.'s operating income?
Over 2 years (2023 to 2025), Heartflow, Inc.'s operating income has grown at a -6.3% compound annual growth rate (CAGR), from -$72.91M to -$64.07M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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