Equity Profile

HTFL

HeartFlow, Inc.

Health CareHealth Care Technology$2.3B

Aug13Thu

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

HeartFlow, Inc. is a health care technology company that specializes in providing non-invasive solutions for cardiovascular disease diagnosis....

Key Metrics to Watch

Revenue Growth

Revenue growth will indicate the company's ability to expand its market presence and attract more customers.

N/A

EPS (Earnings Per Share)

EPS is a key indicator of profitability and will help gauge how well the company is managing its costs.

N/A

1 more metrics, 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 that specializes in providing non-invasive solutions for cardiovascular disease diagnosis. With a market cap of $2 billion, it plays a crucial role in improving patient outcomes through advanced imaging and analysis, aligning with the growing trend of technology integration in health care.

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, marking a positive surprise of over 32%. The stock reacted positively, gaining 3.33% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall expectations for HeartFlow are cautiously optimistic, given its history of beating EPS estimates. Investors will be looking for signs of continued revenue growth and customer adoption.

Bull Case

If HeartFlow can demonstrate strong revenue growth and continued customer adoption, it could lead to a significant upward revision in stock price.

Bear Case

Conversely, if the company fails to meet expectations or shows signs of slowing growth, it could result in a sharp decline in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the projected customer adoption rate for HeartFlow's technology this quarter?

This metric will be crucial in assessing the company's growth potential and market demand.

How does management plan to address the ongoing challenges in revenue generation?

Understanding management's strategy will provide insights into their ability to sustain growth and profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating HeartFlow's potential for customer adoption, which could be stronger than anticipated due to recent advancements in their technology.

Supporting Evidence

HeartFlow has consistently beaten EPS estimates, indicating stronger operational performance than expected.

The options market is pricing a lower move than historical averages, suggesting that volatility may be undervalued.

Recent trends in health care technology adoption suggest a growing market for HeartFlow's solutions.

Key Risk

If customer adoption rates exceed 15%, it could significantly shift market sentiment in favor of HeartFlow.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core thesis revolves around HeartFlow's ability to grow its customer base and generate revenue in a competitive health care technology market.

Bull Confirmed If

Demonstrating a customer adoption rate increase of over 15% would confirm the bull case.

Bear Confirmed If

A decline in revenue or customer adoption rates below previous quarters 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 traders expect 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 the stock could rise by around 7.01%, confirming a positive outlook.

In-Line / Cautious

An in-line result may lead to a muted response, with the stock likely remaining stable as investors await further guidance.

Miss

If the company misses expectations, history suggests a potential decline of around 7.01%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new partnerships or collaborations that could drive customer adoption.
2Details on the company's strategy to improve revenue generation.
3Insights into the competitive landscape and how HeartFlow plans to differentiate itself.
4Management's outlook on future growth and market conditions.
5Any commentary on technological advancements and their impact on product offerings.

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 that specializes in providing non-invasive solutions for cardiovascular disease diagnosis....

Key Metrics to Watch

Revenue Growth

Revenue growth will indicate the company's ability to expand its market presence and attract more customers.

N/A

EPS (Earnings Per Share)

EPS is a key indicator of profitability and will help gauge how well the company is managing its costs.

N/A

1 more metrics, 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

In Q1-2026, HeartFlow reported an EPS of -$0.16, which was better than the expected -$0.24, marking a positive surprise of over 32%. The stock reacted positively, gaining 3.33% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall expectations for HeartFlow are cautiously optimistic, given its history of beating EPS estimates. Investors will be looking for signs of continued revenue growth and customer adoption.

Bull Case

If HeartFlow can demonstrate strong revenue growth and continued customer adoption, it could lead to a significant upward revision in stock price.

Bear Case

Conversely, if the company fails to meet expectations or shows signs of slowing growth, it could result in a sharp decline in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the projected customer adoption rate for HeartFlow's technology this quarter?

This metric will be crucial in assessing the company's growth potential and market demand.

How does management plan to address the ongoing challenges in revenue generation?

Understanding management's strategy will provide insights into their ability to sustain growth and profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating HeartFlow's potential for customer adoption, which could be stronger than anticipated due to recent advancements in their technology.

Supporting Evidence

HeartFlow has consistently beaten EPS estimates, indicating stronger operational performance than expected.

The options market is pricing a lower move than historical averages, suggesting that volatility may be undervalued.

Recent trends in health care technology adoption suggest a growing market for HeartFlow's solutions.

Key Risk

If customer adoption rates exceed 15%, it could significantly shift market sentiment in favor of HeartFlow.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core thesis revolves around HeartFlow's ability to grow its customer base and generate revenue in a competitive health care technology market.

Bull Confirmed If

Demonstrating a customer adoption rate increase of over 15% would confirm the bull case.

Bear Confirmed If

A decline in revenue or customer adoption rates below previous quarters 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 traders expect 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 the stock could rise by around 7.01%, confirming a positive outlook.

In-Line / Cautious

An in-line result may lead to a muted response, with the stock likely remaining stable as investors await further guidance.

Miss

If the company misses expectations, history suggests a potential decline of around 7.01%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new partnerships or collaborations that could drive customer adoption.
2Details on the company's strategy to improve revenue generation.
3Insights into the competitive landscape and how HeartFlow plans to differentiate itself.
4Management's outlook on future growth and market conditions.
5Any commentary on technological advancements and their impact on product offerings.