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Heartflow, Inc. HTFL Accrued Clinical Trial Expenses Current

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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
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 htfl:AccruedClinicalTrialExpensesCurrent.

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 itemMarch 31, 2026December 31, 2025
Accrued payroll and related expenses$19,762$28,150
Customer contract and rebate liabilities1,5831,162
Accrued royalty1,049864
Accrued professional fees821627
Accrued clinical trial expenses1,118550
Other1,5531,926
$25,886$33,279

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Heartflow, Inc.'s accrued clinical trial expenses current?
Heartflow, Inc. (HTFL) reported accrued clinical trial expenses current of $1.12M in Q1 2026.
What does accrued clinical trial expenses current mean?
Represents the estimated costs incurred for clinical research activities that have not yet been invoiced or paid by the company. This metric is vital for R&D-intensive companies to track the true burn rate and financial commitment to ongoing trials. It provides a more accurate picture of current liabilities than cash outflows alone.

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