Heartflow profit margin HTFL
Gross, operating and net profit as a share of revenue over the last twelve months, from 2024.
- Net margin, 12 months
- −55.8%
- Operating margin, 12 months
- −37.8%
- Net margin on a year earlier
- +7.2 pts
- Peer median
- 8.2%
Over the twelve months to Jun 30, 2026, Heartflow kept −55.8% of its revenue as net profit, with an operating margin of −37.8% and a gross margin of 80.1%.
The median for 10 medical instruments and supplies stocks of a similar size is 8.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −66.3% | −36.4% | 76.8% |
| FY2024 | −76.6% | −48.7% | 75.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −55.8% | +7.2 pts | −37.8% | |
| Q1 FY26 | −58.4% | +20.8 pts | −39.7% | |
| Q4 FY25 | −66.3% | +10.3 pts | −36.4% | |
| Q3 FY25 | −77.4% | n/a | −38.5% | |
| Q2 FY25 | −63.1% | n/a | −41.9% | |
| Q1 FY25 | −79.2% | n/a | −46.0% | |
| Q4 FY24 | −76.6% | n/a | −48.7% | |
| Q3 FY24 | n/a | n/a | n/a | |
| Q2 FY24 | n/a | n/a | n/a | |
| Q1 FY24 | n/a | n/a | n/a |
Against its peers
Companies in Medical - Instruments & Supplies nearest Heartflow's size, closest first, today.
| Company | Profit margin |
|---|---|
| HTFLHeartflow | −55.8% |
| VNTVontier | 11.3% |
| HAEHaemonetics | 7.1% |
| BMIBadger Meter | 14.3% |
| MMSIMerit Medical Systems | 9.2% |
| ICUIICU Medical | 1.4% |
| NVSTEnvista | 3.3% |
| MSAMSA Safety | 16.1% |
| WRBYWarby Parker | 0.8% |
| ATRCAtriCure | 1.9% |
| PODDInsulet | 12.3% |
| Peer median | 8.2% |
Where Heartflow ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Heartflow
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.