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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›HTFL›Financials
Annual statements · SEC XBRL · FY2023 – FY2025

Heartflow, Inc. (HTFL) financials

Income statement

Heartflow, Inc. (HTFL) income statement, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Revenue$87.2M$126M$176M
Revenue growth—44.3%39.9%
Gross profit$58.1M$94.4M$135M
Gross margin66.6%75.1%76.8%
Operating income-$72.9M-$61.2M-$64.1M
Operating margin-83.6%-48.7%-36.4%
Net income-$95.7M-$96.4M-$117M
Net margin-109.7%-76.6%-66.3%
EPS (diluted)-$25.32-$17.98-$3.17

Cash flow

Heartflow, Inc. (HTFL) cash flow, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Operating cash flow-$76.4M-$69.0M-$54.0M
Capital expenditures$6.11M$4.36M$5.03M
Free cash flow-$82.5M-$73.4M-$59.0M
Share buybacks$228K——

Balance sheet

Heartflow, Inc. (HTFL) balance sheet, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Cash & equivalents$123M$51.4M$44.8M
Total assets—$119M$359M
Total liabilities—$210M$58.8M
Shareholders' equity-$778M-$859M$301M
Retained earnings-$1.10M-$971M-$1.09B
Shares (wtd avg diluted)4.89M5.36M36.9M

Every figure is extracted from Heartflow, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Heartflow, Inc.'s annual revenue?
Heartflow, Inc. (HTFL) reported $176M of revenue for fiscal year 2025 — up 39.9% from $126M in FY2024, per its annual report filed with the SEC.
Is Heartflow, Inc. profitable?
Not in FY2025 — HTFL reported a net loss of $117M, per SEC filings.
What is Heartflow, Inc.'s free cash flow?
-$59.0M in FY2025 (operating cash flow -$54.0M minus $5.03M of capital expenditures), from the SEC cash-flow statement.
Does HTFL pay a dividend?
Heartflow, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full HTFL analysis — verdict, score & filings →Is HTFL a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.