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
DateValue
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