Heartflow reports Q3 revenue of $46.3 million with net operating loss of $15.1 million

Reuters
Nov 13
Heartflow reports Q3 revenue of $46.3 million with net operating loss of $15.1 million

Heartflow Inc. reported total revenue of $46.3 million for the third quarter of 2025, a 41% increase year-over-year. The company posted a gross margin of 76.5% and a net operating loss of $15.1 million, with a non-GAAP net operating loss of $11.1 million. Heartflow completed its initial public offering, raising approximately $364.2 million in gross proceeds. The company launched its next-generation Heartflow Plaque Analysis and noted that UnitedHealthcare and Cigna began coverage of this service on October 1, 2025. Heartflow expects full year 2025 revenue to range from $173.0 million to $173.5 million, representing an anticipated year-over-year growth of approximately 37.5% to 38%.

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