HeartFlow, Inc.

NasdaqGS:HTFL Stock Report

Market Cap: US$2.3b

HeartFlow Management

Management criteria checks 3/4

HeartFlow's CEO is John Farquhar, appointed in Jan 2022, has a tenure of 4.5 years. total yearly compensation is $5.99M, comprised of 10.8% salary and 89.2% bonuses, including company stock and options. directly owns 0.53% of the company’s shares, worth $12.24M. The average tenure of the management team and the board of directors is 2.5 years and 5.7 years respectively.

Key information

John Farquhar

Chief executive officer

US$6.0m

Total compensation

CEO salary percentage10.82%
CEO tenure4.5yrs
CEO ownership0.5%
Management average tenure2.5yrs
Board average tenure5.7yrs

Recent management updates

Recent updates

Seeking Alpha Jun 29

HeartFlow: Finding Its Flow, Outpacing Guidance

Summary HeartFlow delivered a strong Q1 with 41% revenue growth and gross margins above 80%, outpacing prior guidance. HTFL raised full-year sales guidance to $228–$232 million, with management likely guiding conservatively given ongoing account growth and market share gains. Despite solid fundamentals and AI-driven efficiencies, operating leverage remains limited due to elevated R&D spending, though future margin expansion is expected. Shares have surged 40% since March, now trading at ~12x sales; the current valuation tempers my enthusiasm for adding at these levels. Read the full article on Seeking Alpha
Narrative Update Jun 26

HTFL: Beat And Raise Performance Will Face Sector Pressure Ahead

HeartFlow's analyst price target has moved to $37.00, with analysts citing the recent Q1 sales beat, raised full year sales guidance, and sector multiple shifts as key drivers of the updated fair value inputs. Analyst Commentary Analysts covering HeartFlow are updating their views around the new US$37.00 price target, focusing on how recent results and sector moves affect valuation, execution risk, and future growth potential.
Analysis Article May 16

Companies Like HeartFlow (NASDAQ:HTFL) Are In A Position To Invest In Growth

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

CEO Compensation Analysis

How has John Farquhar's remuneration changed compared to HeartFlow's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$112m

Dec 31 2025US$6mUS$648k

-US$117m

Sep 30 2025n/an/a

-US$125m

Jun 30 2025n/an/a

-US$94m

Mar 31 2025n/an/a

-US$108m

Dec 31 2024US$2mUS$590k

-US$96m

Compensation vs Market: John's total compensation ($USD5.99M) is about average for companies of similar size in the US market ($USD5.19M).

Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.


CEO

John Farquhar (53 yo)

4.5yrs
Tenure
US$5,989,882
Compensation

Mr. John C.M. Farquhar serves as an Executive Director of HeartFlow Holding, Inc. He served as Chief Operating Officer of HeartFlow, Inc. since August 4, 2021 until January 01, 2022 and serves as its Presi...


Leadership Team

NamePositionTenureCompensationOwnership
John Farquhar
President4.5yrsUS$5.99m0.53%
$ 12.2m
Vikram Verghese
Chief Financial Officer3.1yrsUS$2.36m0.15%
$ 3.5m
Campbell Rogers
Chief Medical Officer & Executive VP14.3yrsUS$1.62m0.19%
$ 4.4m
John Stevens
Co-Founderno datano datano data
Kathleen Carey
Senior Vice President of Operationsno datano datano data
Mhairi Jones
Chief Accounting Officerno datano datano data
Justin Cambra
Chief Technology Officerless than a yearno datano data
Nicholas Laudico
Vice President of Investor Relationsno datano datano data
Angela Ahmad
Chief Legal & Compliance Officerno datano datano data
Shivanth Bhaskaran
Chief Commercial Operations & Customer Success Officerless than a yearno datano data
Nathan Chan
Chief Revenue Officerless than a yearno datano data
Cara Santillo
Senior Vice President of Market Access & Reimbursement2.5yrsno datano data
2.5yrs
Average Tenure
59yo
Average Age

Experienced Management: HTFL's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Farquhar
President4.3yrsUS$5.99m0.53%
$ 12.2m
William Weldon
Independent Chairman of the Board11.8yrsUS$339.66k0.28%
$ 6.5m
Casey Tansey
Independent Director15.9yrsUS$509.24k0.019%
$ 439.4k
Timothy Barabe
Independent Director4.5yrsUS$294.43k0.21%
$ 4.8m
Jeffrey Lightcap
Independent Director14.6yrsUS$509.24k0.29%
$ 6.6m
Wayne Riley
Independent Director4.7yrsUS$295.17k0%
$ 0
Julie Cullivan
Independent Director5.7yrsUS$292.96k0.032%
$ 729.3k
5.7yrs
Average Tenure
67yo
Average Age

Experienced Board: HTFL's board of directors are considered experienced (5.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/12 00:35
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

HeartFlow, Inc. is covered by 9 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William PlovanicCanaccord Genuity
Eugene MannheimerFreedom Capital Markets
Robert MarcusJ.P. Morgan