Heartflow (HTFL) Net Margin (2024 - 2026)
Heartflow (HTFL) posted Net Margin of 24.57% for Q2 2026, down 123.42% on a QoQ basis from 104.88% in Q4 2025, and down 339.0% year-over-year from 10.28% in Q2 2025.
Analysis
Heartflow (HTFL) Net Margin (2024 - 2026) Analysis & Trends
Heartflow has reported Net Margin for 3 years, with the latest figure at 24.57% in Q2 2026.
- On a quarterly basis, Net Margin fell 339.0% year-over-year to 24.57% in Q2 2026; TTM through Jun 2026 was 11.96%, a 8474.0% increase from a year earlier, with the FY2025 full-year figure at 66.35%, up 1030.0% from the prior year.
- Net Margin was 24.57% for Q2 2026 at Heartflow, down from 104.88% in the prior quarter.
- The five-year high for Net Margin was 104.88% in Q4 2025, with the low at 245.79% in Q4 2024.
- Average Net Margin over 3 years is 61.42%, with a median of 58.12% recorded in 2024.
- The largest YoY upside for Net Margin was 35068 bps in 2025 against a maximum downside of 5178 bps in 2025.
- Over 3 years, Net Margin stood at 245.79% in 2024, then jumped by 143 bps to 104.88% in 2025, then tumbled by 123 bps to 24.57% in 2026.
- The last three Net Margin figures came in at 24.57% (Q2 2026), 104.88% (Q4 2025), and 109.89% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 31.10 Bn | 29.22 Bn | 2.18 Bn | 10.84% |
| 2 | Lantheus Holdings | 6.59 Bn | 6.00 Bn | 241.86 Mn | 19.33% |
| 3 | Heartflow | 4.24 Bn | 3.87 Bn | 53.19 Mn | -24.57% |
| 4 | Neogen | 2.58 Bn | 2.39 Bn | 107.80 Mn | -4.66% |
| 5 | Butterfly Network | 1.75 Bn | 1.62 Bn | 23.29 Mn | -39.59% |
| 6 | QuidelOrtho | 954.15 Mn | 830.75 Mn | - | - |
| 7 | Ceribell | 944.88 Mn | 815.62 Mn | 25.94 Mn | -68.58% |
| 8 | Anbio Biotechnology | 941.05 Mn | 929.15 Mn | - | - |
| 9 | Varex Imaging | 780.16 Mn | 694.86 Mn | 76.70 Mn | 7.55% |
| 10 | Prenetics Global | 357.49 Mn | 298.35 Mn | 30.20 Mn | -19.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -24.57% |
| Dec 31, 2025 | 104.88% |
| Sep 30, 2025 | -109.89% |
| Jun 30, 2025 | -21.18% |
| Dec 31, 2024 | -245.79% |
| Sep 30, 2024 | -58.12% |
| Jun 30, 2024 | -75.28% |