Heartflow, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | $-116.8M | $-96.4M | $-95.7M |
| Depreciation & Amortization | $5.4M | $5.4M | $4.7M |
| Depreciation | — | — | — |
| Amortization | — | — | — |
| Stock-Based Compensation | $14.0M | $10.2M | $11.9M |
| Net Cash from Operating Activities | $-54.0M | $-69.0M | $-76.4M |
| Investing Activities | |||
| Capital Expenditures | $5.0M | $4.4M | $6.1M |
| Business Acquisitions | — | — | — |
| Net Cash from Investing Activities | $-238.6M | $-4.4M | $-6.1M |
| Financing Activities | |||
| Dividends Paid | — | — | — |
| Stock Repurchases | — | — | $228.0K |
| Net Cash from Financing Activities | $286.0M | $2.2M | $169.3M |
| Net Change in Cash | $-6.4M | $-71.4M | $86.3M |
| Free Cash Flow | $-59.0M | $-73.4M | $-82.5M |