Heartflow, Inc. (HTFL) stock

HTFLNasdaqSurgical & Medical Instruments & ApparatusFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 5/30586% above fair value

$59.92+0.82 (+1.39%)

Close on Nov 12, 2026Market cap $5.21BP/E –Yield –

Heartflow statistics

75 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Q3 FY2026, expected soon
Last ex-dividend date: No dividends
Fundamentals through: Sep 30, 2026
Share price as of: Nov 12, 2026

Valuation ratiosIndustry

Market Cap: $5.21B; $501.02M
Enterprise Value: $4.96B; $422.54M
PS Ratio: 21.83; 3.04
PB Ratio: 18.44; 3.29
P/TBV Ratio: 18.44; 4.85

Enterprise valuationIndustry

EV / Sales: 20.77; 2.70

Share statisticsIndustry

Shares Outstanding: 87M; 43M
Shares Change (QoQ): 1.23%; 0.16%
Float: 36M; 37M
Shares Held by Insiders: 58.7%; 10.5%
Shares Held by Institutions: 86.0%; 60.2%

Short sellingIndustry

Short Interest: 6M; –
Short Interest Change: -22.4%; -2.57%
Short % of Float: 15.9%; 5.12%
Short % of Shares Outstanding: 6.54%; 3.98%
Days to Cover: 3.51; 3.94

Stock price statisticsIndustry

52-Week High: $60.66; –
52-Week Low: $20.13; –
20-Day Moving Average: $55.88; –
50-Day Moving Average: $51.94; –
200-Day Moving Average: $35.12; –
Average True Range (14): $3.33; –
Price Change (1 Week): 15.3%; 2.01%
Price Change (1 Month): 21.1%; -0.57%
Price Change (3 Months): 42.4%; -7.91%
Price Change (6 Months): 85.9%; -0.90%
Price Change (YTD): 105.6%; -0.82%
Price Change (1 Year): 75.4%; -1.18%
Average Volume (10 Days): 2M; –
Average Volume (20 Days): 2M; –
Average Volume (90 Days): 2M; –
Relative Volume: 2.50; 0.82
Relative Strength Index (14): 61.6; 47.7
Volatility (1 Year): 78.5%; 64.2%

MarginsIndustry

Gross Margin: 81.8%; 55.9%
Operating Margin: -33.1%; -5.17%
Pretax Margin: -33.2%; -2.55%
Profit Margin: -33.1%; -9.23%
EBITDA Margin: -30.8%; -2.82%
FCF Margin: -23.5%; 0.40%

Returns on capitalIndustry

Return on Equity (ROE): -29.4%; -17.1%
Return on Assets (ROA): -22.0%; -12.2%
Return on Capital Employed (ROCE): -26.2%; -8.13%

Financial positionIndustry

Current Ratio: 4.41; 2.45
Quick Ratio: 5.64; 1.53
Interest Coverage: -4937.50; -1.68

GrowthIndustry

Revenue Growth (YoY): 47.4%; 9.24%

EfficiencyIndustry

Asset Turnover: 0.66; 0.59
Revenue Per Employee: $283.10K; $330.60K
Profits Per Employee: -$93.74K; -$41.39K
Employee Count: 843; 186

Income statement (TTM)Industry

Revenue: $238.66M; $106.81M
Gross Profit: $195.33M; $62.29M
Operating Income: -$79.00M; -$4.10M
Pretax Income: -$79.12M; -$1.69M
Net Income: -$79.02M; -$6.19M
EBITDA: -$73.60M; -$1.98M

Balance sheetIndustry

Cash & Short-Term Investments: $253.00M; $38.08M
Net Cash (Debt): $253.00M; $3.73M
Net Cash Per Share: $2.91; $0.24
Equity (Book Value): $282.54M; $63.44M
Book Value Per Share: $3.25; $3.26
Tangible Book Value: $282.54M; $11.04M
Working Capital: $182.10M; $56.85M

Cash flow (TTM)Industry

Operating Cash Flow: -$48.95M; -$541.49K
Capital Expenditures: -$7.11M; -$3.69M
Free Cash Flow: -$56.07M; -$387.37K
FCF Per Share: -$0.64; -$0.01

Dividends and yieldsIndustry

Earnings Yield: -1.52%; -4.70%
FCF Yield: -1.08%; 0.24%

Taxes and interestIndustry

Interest Expense: $16.00K; $5.33M
Income Tax: -$97.00K; $1.63M

Scores and fair valueIndustry

Altman Z-Score: 38.99; 2.44
Piotroski F-Score: 6; 5
Beneish M-Score: -2.65; -2.64

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	HTFL	S&P 500	Difference
1 month	+18.5%	-2.7%	+21.2 pts
3 months	+100.7%	-1.7%	+102.5 pts
Year to date	+105.6%	+11.9%	+93.7 pts
1 year	+67.7%	+12.0%	+55.7 pts

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

6M HTFL shares were sold short on Oct 30, 2026, down 22.4% from the previous report, or 15.86% of the shares available to trade. At recent volumes it would take 3.5 days to buy them back. Over the last 20 sessions, 46.2% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	5,688,103	-22.4%	1,621,839	3.5
Oct 15, 2026	7,327,567	+7.5%	1,656,456	4.4
Sep 30, 2026	6,813,775	+21.1%	2,039,619	3.3
Sep 15, 2026	5,627,391	-7.3%	1,835,869	3.1
Aug 31, 2026	6,068,706	-10.5%	2,393,576	2.5
Aug 14, 2026	6,779,888	-1.0%	1,759,484	3.9
Jul 31, 2026	6,847,694	+16.6%	1,036,128	6.6
Jul 15, 2026	5,873,437	+13.4%	1,415,386	4.2
Jun 30, 2026	5,177,499	+22.9%	2,976,559	1.7
Jun 15, 2026	4,214,484	+15.9%	1,148,698	3.7
May 29, 2026	3,635,764	+4.5%	1,254,061	2.9
May 15, 2026	3,478,053	-20.2%	1,050,649	3.3