HTFLNasdaqSurgical & Medical Instruments & ApparatusFiscal year ends December 31
Heartflow, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$51.02+2.73 (+5.65%)
Close on Oct 19, 2026
- Market cap
- $4.41B
- P/E (TTM)
- –
- Dividend yield
- –
Heartflow statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Surgical & Medical Instruments & Apparatus companies for comparison
Valuation
| Measure | Heartflow | Industry median |
|---|---|---|
| Market Cap | $4.44B | $230.55M |
| Enterprise Value | $4.19B | $202.97M |
| PS Ratio | 20.92 | 3.10 |
| PB Ratio | 15.86 | 3.04 |
| P/TBV Ratio | 15.86 | 4.43 |
Enterprise value
| Measure | Heartflow | Industry median |
|---|---|---|
| EV / Sales | 19.76 | 2.91 |
Income (trailing twelve months)
| Measure | Heartflow | Industry median |
|---|---|---|
| Revenue | $212.08M | $102.39M |
| Gross Profit | $169.83M | $60.36M |
| Operating Income | -$80.25M | -$4.31M |
| Pretax Income | -$118.46M | -$2.37M |
| Net Income | -$118.37M | -$6.57M |
| EBITDA | -$74.94M | -$1.98M |
Margins
| Measure | Heartflow | Industry median |
|---|---|---|
| Gross Margin | 80.1% | 55.2% |
| Operating Margin | -37.8% | -6.04% |
| Pretax Margin | -55.9% | -4.11% |
| Profit Margin | -55.8% | -10.5% |
| EBITDA Margin | -35.3% | -2.67% |
| FCF Margin | -27.9% | 0.02% |
Returns
| Measure | Heartflow | Industry median |
|---|---|---|
| Return on Assets (ROA) | -47.0% | -13.3% |
| Return on Capital Employed (ROCE) | -26.7% | -9.07% |
Growth
| Measure | Heartflow | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 42.8% | 8.85% |
Balance sheet
| Measure | Heartflow | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $246.80M | $36.66M |
| Net Cash (Debt) | $246.80M | $3.92M |
| Net Cash Per Share | $2.84 | $0.28 |
| Equity (Book Value) | $279.73M | $55.33M |
| Book Value Per Share | $3.22 | $2.87 |
| Tangible Book Value | $279.73M | $10.79M |
| Working Capital | $179.88M | $56.72M |
Financial position
| Measure | Heartflow | Industry median |
|---|---|---|
| Current Ratio | 5.08 | 2.48 |
| Quick Ratio | 6.57 | 1.53 |
| Interest Coverage | -23.18 | -1.85 |
Cash flow (trailing twelve months)
| Measure | Heartflow | Industry median |
|---|---|---|
| Operating Cash Flow | -$52.23M | -$566.22K |
| Capital Expenditures | -$6.95M | -$3.69M |
| Free Cash Flow | -$59.18M | -$696.00K |
| FCF Per Share | -$0.68 | -$0.02 |
Efficiency
| Measure | Heartflow | Industry median |
|---|---|---|
| Asset Turnover | 0.84 | 0.58 |
| Revenue Per Employee | $251.57K | $322.92K |
| Profits Per Employee | -$140.42K | -$51.88K |
| Employee Count | 843 | 185 |
Dividends and yields
| Measure | Heartflow | Industry median |
|---|---|---|
| Earnings Yield | -2.67% | -6.88% |
| FCF Yield | -1.33% | -0.45% |
Shares
| Measure | Heartflow | Industry median |
|---|---|---|
| Shares Outstanding | 86,953,600 | 44,302,700 |
| Shares Change (QoQ) | 0.71% | 0.27% |
| Float | 35,769,200 | 37,462,700 |
| Shares Held by Insiders | 58.9% | 10.5% |
| Shares Held by Institutions | 86.0% | 63.5% |
Taxes
| Measure | Heartflow | Industry median |
|---|---|---|
| Income Tax | -$90.00K | $1.52M |
Scores
| Measure | Heartflow | Industry median |
|---|---|---|
| Altman Z-Score | 37.00 | 1.95 |
| Piotroski F-Score | 6 | 5 |
| Beneish M-Score | -2.65 | -2.64 |
Calculated by StockData from Heartflow's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.