Heartflow (HTFL) Invested Capital (2023 - 2025)
Heartflow's quarterly Invested Capital came in at $300.6 million in Q4 2025, up 134.98% year-on-year from $127.9 million in Q4 2024, and up 18.1% quarter-over-quarter from $254.6 million in Q3 2025.
Heartflow has reported Invested Capital for 3 years, with the latest figure at $300.6 million in Q4 2025.
- For the quarter ending Q4 2025, Invested Capital rose 134.98% year-over-year to $300.6 million; the trailing twelve-month figure through Dec 2025 stood at $300.6 million (up 134.98% YoY), and the FY2025 full-year result was $300.6 million, up 134.98% from the prior year.
- Invested Capital for Q4 2025 stood at $300.6 million, up from $254.6 million in the prior quarter.
- The five-year high for Invested Capital was $300.6 million in Q4 2025, with the low at -$894.8 million in Q2 2025.
- Average Invested Capital over 3 years is -$517.5 million, with a median of -$814.9 million recorded in 2024.
- Year-over-year, Invested Capital retreated 10.54% in 2024 and surged 134.98% in 2025.
- Tracing HTFL's Invested Capital over 3 years: stood at -$777.6 million in 2023, then fell by 10.54% to -$859.5 million in 2024, then surged by 134.98% to $300.6 million in 2025.
- The last three Invested Capital figures came in at $300.6 million (Q4 2025), $254.6 million (Q3 2025), and -$894.8 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 7.21 Bn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 2.03 Bn |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 2.99 Bn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 111.69 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 950.84 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 3.95 Bn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 814.32 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 753.06 Mn |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 1.26 Bn |
| 10 | Heartflow | 1.15 Bn | 974.90 Mn | 39.06 Mn | 300.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 300.65 Mn |
| Sep 30, 2025 | 254.57 Mn |
| Jun 30, 2025 | -894.80 Mn |
| Dec 31, 2024 | -859.48 Mn |
| Sep 30, 2024 | -830.63 Mn |
| Jun 30, 2024 | -814.92 Mn |
| Dec 31, 2023 | -777.56 Mn |