HTFLHeartflow, Inc.

$56.72+69% 1Y
Latest close: a new 52-week highOct 23, 2026what changed →

Is the business good?

Mixed

4 of 9 health tests passed. That is the only one of 4 checks this filer's data supports, so take it as a single data point rather than a settled answer.

1 neutral, 3 without data
Fundamental health (F-score)4 / 9SEC EDGAR · Dec 31, 2025

Mixed fundamental signals. Nine pass/fail tests of year-over-year health from the filings.

Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.

How good a business is HTFL?

Heartflow, Inc. keeps −38% of every revenue dollar as operating profit, against 2.8% for the median Health Information Services name.

−38%

Operating margin · Health Information Services median 2.8% · 12 months to Q2 2026

Share count, year on year
+1268%

Share count, year on year · shareholders own a smaller slice than a year ago

R&D as % of revenue
40%

R&D as % of revenue

Gross margin
80%

Gross margin

Operating margin by fiscal year
YearOperating margin
FY2023−84%
FY2024−49%
FY2025−36%
Details›
Gross margin12 months to Q2 2026
80%
Operating margin12 months to Q2 2026
−38%
Net margin12 months to Q2 2026
−56%
Free cash flow margin
−28%
R&D as % of revenue
40%
Revenue, trailing twelve months
$212M
Free cash flow, trailing twelve months
−$59M
Net income, trailing twelve months
−$118M

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.