HeartFlow, Inc. (HTFL)

HeartFlow Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	136.17	125.81	87.17
Revenue Growth (YoY)	-	44.32%	-
Cost of Revenue	33.2	31.36	29.12
Gross Profit	102.97	94.45	58.05
Selling, General & Admin	117.64	112.15	95.11
Research & Development	48	43.52	35.85
Operating Expenses	165.63	155.67	130.97
Operating Income	-62.67	-61.22	-72.91
Interest Expense	-21.62	-22.77	-24.69
Interest & Investment Income	3.1	4.07	5.46
Other Non Operating Income (Expenses)	-26.07	-16.45	2.16
EBT Excluding Unusual Items	-107.71	-96.37	-89.99
Other Unusual Items	-	-	-5.12
Pretax Income	-107.71	-96.37	-95.11
Income Tax Expense	0.13	0.05	0.55
Net Income	-107.84	-96.43	-95.66
Preferred Dividends & Other Adjustments	-	-	28.03
Net Income to Common	-107.84	-96.43	-123.69
Shares Outstanding (Basic)	16	16	14
Shares Outstanding (Diluted)	16	16	14
Shares Change (YoY)	-	9.79%	-
EPS (Basic)	-6.75	-6.16	-8.67
EPS (Diluted)	-6.75	-6.16	-8.67
Free Cash Flow	-63.74	-73.36	-82.54
Free Cash Flow Per Share	-3.99	-4.68	-5.79
Gross Margin	75.62%	75.07%	66.59%
Operating Margin	-46.02%	-48.66%	-83.64%
Profit Margin	-79.19%	-76.64%	-141.89%
Free Cash Flow Margin	-46.81%	-58.31%	-94.68%
EBITDA	-61.1	-59.56	-71.37
EBITDA Margin	-44.87%	-47.34%	-81.87%
D&A For EBITDA	1.57	1.66	1.54
EBIT	-62.67	-61.22	-72.91
EBIT Margin	-46.02%	-48.66%	-83.64%
Advertising Expenses	-	1.54	0.78

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q