Financials HeartFlow, Inc.

Equities

Market Closed - Nasdaq Other stock markets 20:00:00 13/03/2026 GMT			5-day change	1st Jan Change
20.49 ^USD	-1.44%		-10.84%	-29.71%

03-03	HeartFlow, Inc. Presents at Morgan Stanley Technology, Media & Telecom Conference 2026, Mar-03-2026 10:45 AM
02-18	Heartflow Insider Sold Shares Worth $1,595,486, According to a Recent SEC Filing	MT

Fiscal Period: December	2024	2025	2026	2027
Net sales ¹	-	173.4	212.9	262
Change	-	-	22.79%	23.03%
EBITDA ¹	-	-46.88	-50.06	-26.07
Change	-	-	-6.77%	47.92%
EBIT ¹	-	-54.47	-50.91	-26.8
Change	-	-	6.54%	47.36%
Interest Paid ¹	-	-17.1	-1.05	-2.75
Earnings before Tax (EBT) ¹	-	-118.5	-59.57	-39.82
Change	-	-	49.73%	33.15%
Net income ¹	-96.43	-108.8	-59.68	-41.38
Change	-	-12.83%	45.14%	30.66%
Announcement Date	27/03/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3
Net sales ¹	43.24	46.28	46.5	46.88	52.66	54.84	57.86	60.65	64.15	65.1
Change	-	7.02%	0.48%	0.82%	12.32%	4.15%	5.5%	4.82%	5.77%	1.48%
EBITDA ¹	-10.07	-9.835	-13.82	-15.37	-11.24	-9.865	-8.916	-8.7	-6.7	-4.8
Change	-	2.3%	-40.54%	-11.22%	26.88%	12.24%	9.62%	2.43%	22.99%	28.36%
EBIT ¹	-11.46	-11.14	-16.84	-16.08	-12.48	-11.32	-10.34	-9.8	-7.8	-5.9
Change	-	2.82%	-51.18%	4.51%	22.38%	9.27%	8.71%	5.2%	20.41%	24.36%
Charge d'intérêts	-	-	-	-0.1	-0.3	-0.3	-0.4	-	-	-
Earnings before Tax (EBT) ¹	-9.137	-50.82	-26.2	-18.58	-15.01	-13.6	-12.37	-15.7	-13.8	-12
Change	-	-456.25%	48.45%	29.06%	19.23%	9.42%	9%	-26.87%	12.1%	13.04%
Net income ¹	-9.196	-50.86	-26.3	-19.22	-14.87	-13.37	-12.25	-15.7	-13.8	-12
Change	-	-453.01%	48.29%	26.91%	22.62%	10.14%	8.35%	-28.17%	12.1%	13.04%
Announcement Date	19/09/25	12/11/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2024	2025	2026	2027
Net Debt ¹	-	-276	-222	-197
Change	-	-	19.57%	11.26%
Announcement Date	27/03/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2025	2026	2027
CAPEX ¹	4	5	6
Change	-	25%	20%
Free Cash Flow (FCF) ¹	-66	-55.35	-50.4
Change	-	16.14%	8.94%
Announcement Date	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-27.04%	-23.51%	-9.95%
EBIT Margin (%)	-	-31.41%	-23.91%	-10.23%
EBT Margin (%)	-	-68.33%	-27.97%	-15.2%
Net margin (%)	-	-62.74%	-28.03%	-15.8%
FCF margin (%)	-	-38.06%	-25.99%	-19.24%
FCF / Net Income (%)	-	60.67%	92.75%	121.8%
Profitability
ROA	-	-38.64%	-17.13%	-11.1%
ROE	-	-95.15%	-21.48%	-12.66%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-
Debt / Free cash flow	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	2.31%	2.35%	2.29%
CAPEX / EBITDA (%)	-	-8.53%	-9.99%	-23.02%
CAPEX / FCF (%)	-	-6.06%	-9.03%	-11.9%
Items per share
Cash flow per share ¹	-	-	-	-
Change	-	-	-	-
Dividend per Share ¹	-	-	-	-
Change	-	-	-	-
Book Value Per Share ¹	-	3.694	2.525	2.284
Change	-	-	-31.62%	-9.54%
EPS ¹	-17.99	-2.65	-0.7233	-0.49
Change	-	85.27%	72.7%	32.26%
Nbr of stocks (in thousands)	-	85,159	85,159	85,159
Announcement Date	27/03/25	-	-	-