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Heartflow, Inc. HTFL Operating margin

Operating margin at other companies

GE HealthCare Technologies logo
GE HealthCare TechnologiesGEHC
12.9%-1.0pp
ITG
Integer HoldingsITGR
11%-1.6pp
Boston Scientific logo
Boston ScientificBSX
19.8%+2.8pp
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MedtronicMDT
17.8%0.0pp
Cytek Biosciences, Inc. logo
Cytek Biosciences, Inc.CTKB
-21.6%
Edwards Lifesciences logo
Edwards LifesciencesEW
22.3%-3.6pp

Other financials

Income statement

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Revenue$52.6M+41.3%
Gross profit$42.2M+50.9%
Operating income-$29.5M-68.6%
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
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

Calculated from Heartflow, Inc.’s reported figures.

Based on trailing twelve months.

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

Filed
May 14, 2026, 4:31 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001464521-26-000071

FAQ

What is Heartflow, Inc.'s operating margin?
Heartflow, Inc. (HTFL) reported operating margin of -39.7% in Q1 2026.
How has Heartflow, Inc.'s operating margin changed year-over-year?
Heartflow, Inc.'s operating margin increased by 13.6% year-over-year, from -46% to -39.7%.
What is the long-term trend for Heartflow, Inc.'s operating margin?
Over 2 years (2023 to 2025), Heartflow, Inc.'s operating margin has grown at a -34.0% compound annual growth rate (CAGR), from -83.6% to -36.4%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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