Equity Profile

HTFL

HeartFlow, Inc.

Health CareHealth Care Technology$3.3B

Aug13Thu

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

HeartFlow, Inc. is a health care technology company focused on improving cardiovascular care through advanced imaging and analysis....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability and financial health, which investors closely monitor.

$-0.13

Revenue

Revenue figures help gauge the company's growth and market demand for its products and services.

$57M

Wall Street expectations, options signals, track record, and call prep available with Pro.

HTFL Q2-2026 Earnings Preview

Context

Company Snapshot

HeartFlow, Inc. is a health care technology company focused on improving cardiovascular care through advanced imaging and analysis. With a market cap of $3 billion, it plays a crucial role in the growing field of personalized medicine, particularly in heart disease diagnostics.

Earnings Scorecard·Last 3Q

EPS Beat Streak

EPS Beat Rate

67%

Avg EPS Surprise

+27.50%

Avg Stock Reaction

+7.01%

Last Quarter Recap

In Q1-2026, HeartFlow reported an EPS of $-0.16, which was better than the expected $-0.24, resulting in a positive stock reaction of 3.33% the following day. However, revenue figures were not disclosed.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts are expecting HeartFlow to report a narrower loss compared to previous quarters, with revenue estimates indicating stable growth. The market is keenly watching for any signs of improved operational efficiency.

Bull Case

If HeartFlow can beat EPS estimates and show stronger revenue growth, it could signal a turnaround in profitability, attracting more investors.

Bear Case

Conversely, if the company fails to meet expectations, it may raise concerns about its long-term viability and growth prospects, leading to a negative market reaction.

Key Metrics to Watch

EPS

$-0.13

Earnings per share is a key indicator of profitability and financial health, which investors closely monitor.

Revenue

$57M

Revenue figures help gauge the company's growth and market demand for its products and services.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will HeartFlow's EPS come in better than the consensus estimate of $-0.13?

A better-than-expected EPS could indicate improving financial health and operational efficiency, which is crucial for investor confidence.

What is the revenue outlook for the upcoming quarters, particularly in relation to the $57M consensus?

Revenue growth is essential for HeartFlow's long-term success, and any guidance on future revenue will be closely scrutinized.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate HeartFlow's ability to improve margins and operational efficiency, which could lead to better-than-expected results.

Supporting Evidence

HeartFlow has consistently beaten EPS estimates in the last three quarters, suggesting a trend of improving performance.

The options market is pricing in a relatively modest move compared to historical averages, indicating potential for a surprise.

Recent positive reactions to earnings surprises suggest that investor sentiment may be more favorable than reflected in current estimates.

Key Risk

If revenue growth significantly exceeds $57M, it could challenge the current bearish sentiment and shift market perceptions.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will provide insights into HeartFlow's ability to navigate the competitive health tech landscape.

Bull Confirmed If

An EPS of better than $-0.12 and revenue exceeding $57M would confirm the bull case.

Bear Confirmed If

An EPS worse than $-0.15 and revenue below $56M would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±5.38%

Historical Avg

±7.0%

Pricing cheap

The options market is pricing in a move of about 5.4%, suggesting that investors are anticipating some volatility around the earnings report.

Options are pricing ±5.4% while HTFL has averaged ±7.0% over the last 3 prints — setup is pricing cheap.

Detail

ATM IV

0.9%

30d HV

73.3%

Calls (100K)P/C Ratio: 0.03Puts (3K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If HeartFlow beats expectations, history suggests a potential stock increase of around 7.01%, confirming a positive trend in profitability.

In-Line / Cautious

If results are in line with expectations, the stock may see muted reactions as investors await further clarity on future guidance.

Miss

If HeartFlow misses estimates, history suggests a potential decline, with past reactions indicating significant downward pressure.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches or partnerships that could drive revenue growth.
2Management's commentary on cost management and operational efficiencies.
3Insights into market demand for HeartFlow's services and any competitive pressures.
4Guidance on future revenue expectations and strategic initiatives.
5Responses to any questions regarding regulatory developments affecting the industry.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

ePlus inc.

Company Snapshot

HeartFlow, Inc. is a health care technology company focused on improving cardiovascular care through advanced imaging and analysis....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability and financial health, which investors closely monitor.

$-0.13

Revenue

Revenue figures help gauge the company's growth and market demand for its products and services.

$57M

Wall Street expectations, options signals, track record, and call prep available with Pro.

HTFL Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 3Q

EPS Beat Streak

EPS Beat Rate

67%

Avg EPS Surprise

+27.50%

Avg Stock Reaction

+7.01%

Last Quarter Recap

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If HeartFlow can beat EPS estimates and show stronger revenue growth, it could signal a turnaround in profitability, attracting more investors.

Bear Case

Conversely, if the company fails to meet expectations, it may raise concerns about its long-term viability and growth prospects, leading to a negative market reaction.

Key Metrics to Watch

EPS

$-0.13

Earnings per share is a key indicator of profitability and financial health, which investors closely monitor.

Revenue

$57M

Revenue figures help gauge the company's growth and market demand for its products and services.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will HeartFlow's EPS come in better than the consensus estimate of $-0.13?

A better-than-expected EPS could indicate improving financial health and operational efficiency, which is crucial for investor confidence.

What is the revenue outlook for the upcoming quarters, particularly in relation to the $57M consensus?

Revenue growth is essential for HeartFlow's long-term success, and any guidance on future revenue will be closely scrutinized.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate HeartFlow's ability to improve margins and operational efficiency, which could lead to better-than-expected results.

Supporting Evidence

HeartFlow has consistently beaten EPS estimates in the last three quarters, suggesting a trend of improving performance.

The options market is pricing in a relatively modest move compared to historical averages, indicating potential for a surprise.

Recent positive reactions to earnings surprises suggest that investor sentiment may be more favorable than reflected in current estimates.

Key Risk

If revenue growth significantly exceeds $57M, it could challenge the current bearish sentiment and shift market perceptions.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will provide insights into HeartFlow's ability to navigate the competitive health tech landscape.

Bull Confirmed If

An EPS of better than $-0.12 and revenue exceeding $57M would confirm the bull case.

Bear Confirmed If

An EPS worse than $-0.15 and revenue below $56M would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±5.38%

Historical Avg

±7.0%

Pricing cheap

The options market is pricing in a move of about 5.4%, suggesting that investors are anticipating some volatility around the earnings report.

Options are pricing ±5.4% while HTFL has averaged ±7.0% over the last 3 prints — setup is pricing cheap.

Detail

ATM IV

0.9%

30d HV

73.3%

Calls (100K)P/C Ratio: 0.03Puts (3K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If HeartFlow beats expectations, history suggests a potential stock increase of around 7.01%, confirming a positive trend in profitability.

In-Line / Cautious

If results are in line with expectations, the stock may see muted reactions as investors await further clarity on future guidance.

Miss

If HeartFlow misses estimates, history suggests a potential decline, with past reactions indicating significant downward pressure.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches or partnerships that could drive revenue growth.
2Management's commentary on cost management and operational efficiencies.
3Insights into market demand for HeartFlow's services and any competitive pressures.
4Guidance on future revenue expectations and strategic initiatives.
5Responses to any questions regarding regulatory developments affecting the industry.