Heartflow HTFL
NASDAQ HTFL
$48.91 -0.80 (-1.61%)
At close: Sep 4, 2026 · 4:00 PM EDT

Heartflow (HTFL) Operating Expenses (2024 - 2026)

Heartflow (HTFL) posted Operating Expenses of $71.1 million for Q2 2026, up 25.13% on a QoQ basis from $56.8 million in Q4 2025, and up 52.9% year-over-year from $46.5 million in Q2 2025.

Analysis

Heartflow (HTFL) Operating Expenses (2024 - 2026) Analysis & Trends

Heartflow has reported Operating Expenses for 3 years, with the latest figure at $71.1 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 52.9% year-over-year to $71.1 million in Q2 2026; TTM through Jun 2026 was $224.9 million, a 34.93% increase from a year earlier, with the FY2025 full-year figure at $199.3 million, up 28.0% from the prior year.
  • Operating Expenses was $71.1 million for Q2 2026 at Heartflow, up from $56.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $71.1 million in Q2 2026, with the low at $38.0 million in Q2 2024.
  • Average Operating Expenses over 3 years is $49.3 million, with a median of $46.5 million recorded in 2025.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses increased 22.3% in 2025, then soared 52.9% in 2026.
  • Over 3 years, Operating Expenses stood at $42.3 million in 2024, then soared by 34.28% to $56.8 million in 2025, then gained by 25.13% to $71.1 million in 2026.
  • The last three Operating Expenses figures came in at $71.1 million (Q2 2026), $56.8 million (Q4 2025), and $50.5 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE HealthCare Technologies 31.10 Bn 29.22 Bn 2.18 Bn 1.44 Bn
2 Lantheus Holdings 6.59 Bn 6.00 Bn 241.86 Mn 103.44 Mn
3 Heartflow 4.24 Bn 3.87 Bn 53.19 Mn 71.09 Mn
4 Neogen 2.58 Bn 2.39 Bn 107.80 Mn 104.70 Mn
5 Butterfly Network 1.75 Bn 1.62 Bn 23.29 Mn 36.95 Mn
6 QuidelOrtho 954.15 Mn 830.75 Mn - -
7 Ceribell 944.88 Mn 815.62 Mn 25.94 Mn 45.92 Mn
8 Anbio Biotechnology 941.05 Mn 929.15 Mn - -
9 Varex Imaging 780.16 Mn 694.86 Mn 76.70 Mn 53.90 Mn
10 Prenetics Global 357.49 Mn 298.35 Mn 30.20 Mn -10.82 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 71.09 Mn
Dec 31, 2025 56.81 Mn
Sep 30, 2025 50.51 Mn
Jun 30, 2025 46.49 Mn
Dec 31, 2024 42.31 Mn
Sep 30, 2024 39.87 Mn
Jun 30, 2024 38.02 Mn