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Heartflow, Inc. HTFL Unbilled Revenue

Unbilled Revenue at other companies

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$43.65M-3.9%
HTF
Heartflow, Inc.HTFL
$835K
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$29.68M-6.5%

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:UnbilledReceivablesCurrent.

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

Unbilled receivables included within accounts receivable on the condensed consolidated balance sheets as of March 31, 2026 and December 31, 2025 was $835,000 and $814,000, respectively.

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Heartflow, Inc.'s unbilled revenue?
Heartflow, Inc. (HTFL) reported unbilled revenue of $835K in Q1 2026.
What does unbilled revenue mean?
Represents revenue recognized for goods or services delivered to customers for which the company has an unconditional right to payment but has not yet issued an invoice. This metric serves as a leading indicator of future cash inflows and reflects the timing difference between revenue recognition and billing cycles. High levels may indicate extended billing terms or operational delays in the invoicing process.

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