Heartflow Highlights Strong Growth, Plaque Analysis Reimbursement, and Future Market Expansion in Investor Presentation
HTFL sits 24% above its 52-week low of $25.38.
Summary
Heartflow presented a positive business update, showcasing strong financial performance, significant market adoption, and key product milestones, including reimbursement for its Plaque Analysis.
Key Events · Product Development and Regulatory · HTFL
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Strong Financial Performance
Reported $162 million in LTM 3Q25 revenue, with 3Q25 FFRCT base business revenue growing 41% year-over-year, and LTM 3Q25 non-GAAP gross margin at 76%.
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Plaque Analysis Reimbursement Secured
Heartflow Plaque Analysis received a Category 1 CPT code effective January 1, 2026, with over 70% U.S. covered lives, significantly de-risking a key growth driver.
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Expanding Market Adoption
The U.S. installed base grew to 1,465 accounts in 2025, with 489 accounts adopting Plaque Analysis as of January 1, 2026.
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Future Growth Drivers
The company projects a $6 billion mid-term U.S. TAM expansion into targeted asymptomatic markets through three ongoing RCTs.
Analysis · HTFL · Industrial Applications And Services
Heartflow's investor presentation outlines significant progress in its AI-powered coronary artery disease platform. Key highlights include robust revenue growth, expanding gross margins, and critical advancements in product reimbursement, particularly for its Plaque Analysis. The company's strategic roadmap for market expansion into asymptomatic populations, supported by ongoing clinical trials, indicates substantial long-term growth potential.
How filings like this one have moved
In the 30 days to Sep 15, 2026, 29.9% of the 1678 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.25%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HTFL was trading at $31.50 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $2.9B. The 52-week trading range was $25.38 to $41.22. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.