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Heartflow, Inc. HTFL Software amortization expense

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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 us-gaap:CapitalizedComputerSoftwareAmortization1.

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

The Company capitalized certain internal-use software costs totaling $1.1 million and $936,000, including stock-based compensation of $6,000 and $6,000, related to internal-use software development efforts, during the three months ended March 31, 2026 and 2025, respectively. Amortization of capitalized internal-use software totaled $1.1 million and $1.0 million for the three months ended March 31, 2026 and 2025, respectively.

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Heartflow, Inc.'s software amortization expense?
Heartflow, Inc. (HTFL) reported software amortization expense of $1.1M in Q1 2026.
How has Heartflow, Inc.'s software amortization expense changed year-over-year?
Heartflow, Inc.'s software amortization expense increased by 10.0% year-over-year, from $1M to $1.1M.
What does software amortization expense mean?
The periodic expense recognized to allocate the cost of capitalized internal-use or external-use software over its estimated useful life. This reflects the systematic consumption of economic benefits derived from software assets developed or acquired by the company. Tracking this helps investors understand the ongoing investment in digital infrastructure and the impact of past development costs on current profitability.

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