Filing Flows › Heartflow (HTFL) › Q1 2026 › vs Q4 2025
Heartflow (HTFL) Q1 2026 vs Q4 2025 (quarter over quarter)
Heartflow's revenue rose $3.5M (+7%) from $49.1M in Q4 2025 to $52.6M in Q1 2026.
Heartflow, Q1 2026: revenue $52.6M (+41% year over year), operating margin -56.1%, net loss $27.4M, operating cash flow −$30.1M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $52.6M | $49.1M | $3.5M | +7% |
| Other income, net | $2.1M | −$6.8M | $9.0M | — |
| Net loss | $27.4M | $24.4M | $3.0M | +12% |
| Costs & expenses | $82.1M | $73.7M | $8.4M | +11% |
| Operating costs | $82.1M | $66.9M | $15.2M | +23% |
| Income tax | $23K | −$165K | $188K | — |
| Cost of revenue | $10.4M | $10.1M | $356K | +4% |
| Research & development | $21.6M | $18.7M | $3.0M | +16% |
| Operating cash sources | $38.1M | $17.2M | $20.9M | +121% |
| Depreciation & amortization | $1.4M | $1.4M | $52K | +4% |
| Share-based compensation | $6.6M | $5.3M | $1.3M | +25% |
| Cash used in operations | $30.1M | $10.6M | $19.5M | +184% |
| Net loss absorbed | $27.4M | $24.4M | $3.0M | +12% |
| Working capital & other | $10.7M | −$7.2M | $17.9M | — |
Questions
How much did Heartflow's revenue grow quarter over quarter in Q1 2026?
Heartflow's revenue rose $3.5M (+7%) from $49.1M in Q4 2025 to $52.6M in Q1 2026.