Heartflow (HTFL) Enterprise Value (2023 - 2025)
Heartflow's (HTFL) quarterly Enterprise Value came in at -$176.8 million in Q4 2025, down 243.16% year-on-year from $123.5 million in Q4 2024, and up 39.28% quarter-over-quarter from -$291.2 million in Q3 2025.
Heartflow (HTFL) Enterprise Value (2023 - 2025) Analysis & Trends
Heartflow's Enterprise Value history runs 3 years deep, the most recent figure standing at -$176.8 million for Q4 2025.
- On a quarterly basis, Enterprise Value fell 243.16% year-over-year to -$176.8 million in Q4 2025; TTM through Dec 2025 was -$176.8 million, a 243.16% decrease from a year earlier, with the FY2025 full-year figure at -$176.8 million, down 243.16% from the prior year.
- Enterprise Value grew to -$176.8 million in Q4 2025 per HTFL's latest filing, from -$291.2 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$51.5 million in Q4 2024 and bottomed at -$291.2 million in Q3 2025.
- The 3-year median for Enterprise Value is -$80.2 million (2025), against an average of -$123.2 million.
- Across the five-year window, Enterprise Value jumped 58.04% in 2024 and plunged 350.3% in 2025, its largest moves.
- Year by year, Enterprise Value stood at -$122.8 million in 2023, then soared by 58.04% to -$51.5 million in 2024, then plunged by 243.16% to -$176.8 million in 2025.
- Per Business Quant, the three latest HTFL Enterprise Value figures stand at -$176.8 million (Q4 2025), -$291.2 million (Q3 2025), and -$80.2 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | -7.31 Bn |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | -900.97 Mn |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | -265.37 Mn |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | -539.85 Mn |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | -315.87 Mn |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | -298.00 Mn |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | -62.70 Mn |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | -748.60 Mn |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | -366.68 Mn |
| 10 | Heartflow | 906.97 Mn | 730.19 Mn | 39.06 Mn | -176.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -176.79 Mn |
| Sep 30, 2025 | -291.17 Mn |
| Jun 30, 2025 | -80.20 Mn |
| Dec 31, 2024 | -51.52 Mn |
| Sep 30, 2024 | -64.66 Mn |
| Jun 30, 2024 | -75.37 Mn |
| Dec 31, 2023 | -122.77 Mn |