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Side-by-side financial comparison of Heartflow, Inc. (HTFL) and Strawberry Fields REIT, Inc. (STRW). Click either name above to swap in a different company.

Heartflow, Inc. is the larger business by last-quarter revenue ($46.3M vs $40.1M, roughly 1.2× Strawberry Fields REIT, Inc.). Strawberry Fields REIT, Inc. runs the higher net margin — 5.0% vs -109.9%, a 114.9% gap on every dollar of revenue.

HeartFlow, Inc. develops non-invasive cardiovascular diagnostic solutions for global healthcare providers. Its core product uses CT scan data to build 3D coronary artery models, assess blood flow to detect blockages, and support clinicians in making personalized heart disease treatment decisions without invasive procedures.

Strawberry Fields REIT, Inc. is a real estate investment trust focused on healthcare-related real estate assets. It owns, operates and manages skilled nursing facilities, senior living communities, and medical office buildings, primarily serving markets across the United States for healthcare providers and elderly care operators.

HTFL vs STRW — Head-to-Head

Bigger by revenue
HTFL
HTFL
1.2× larger
HTFL
$46.3M
$40.1M
STRW
Higher net margin
STRW
STRW
114.9% more per $
STRW
5.0%
-109.9%
HTFL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
HTFL
HTFL
STRW
STRW
Revenue
$46.3M
$40.1M
Net Profit
$-50.9M
$2.0M
Gross Margin
76.5%
Operating Margin
-32.6%
52.4%
Net Margin
-109.9%
5.0%
Revenue YoY
31.5%
Net Profit YoY
37.6%
EPS (diluted)
$-1.04
$0.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HTFL
HTFL
STRW
STRW
Q4 25
$40.1M
Q3 25
$46.3M
$39.7M
Q2 25
$43.4M
$37.9M
Q1 25
$37.3M
Q4 24
$30.5M
Q3 24
$29.5M
Q2 24
$29.3M
Q1 24
$27.8M
Net Profit
HTFL
HTFL
STRW
STRW
Q4 25
$2.0M
Q3 25
$-50.9M
$2.0M
Q2 25
$-9.2M
$2.0M
Q1 25
$1.6M
Q4 24
$1.5M
Q3 24
$944.0K
Q2 24
$938.0K
Q1 24
$746.0K
Gross Margin
HTFL
HTFL
STRW
STRW
Q4 25
Q3 25
76.5%
Q2 25
75.5%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
HTFL
HTFL
STRW
STRW
Q4 25
52.4%
Q3 25
-32.6%
56.6%
Q2 25
-31.6%
54.5%
Q1 25
54.1%
Q4 24
51.5%
Q3 24
54.4%
Q2 24
52.3%
Q1 24
51.3%
Net Margin
HTFL
HTFL
STRW
STRW
Q4 25
5.0%
Q3 25
-109.9%
5.1%
Q2 25
-21.2%
5.2%
Q1 25
4.2%
Q4 24
4.8%
Q3 24
3.2%
Q2 24
3.2%
Q1 24
2.7%
EPS (diluted)
HTFL
HTFL
STRW
STRW
Q4 25
$0.15
Q3 25
$-1.04
$0.16
Q2 25
$-1.46
$0.16
Q1 25
$0.13
Q4 24
$0.17
Q3 24
$0.14
Q2 24
$0.14
Q1 24
$0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HTFL
HTFL
STRW
STRW
Cash + ST InvestmentsLiquidity on hand
$291.2M
$31.8M
Total DebtLower is stronger
$794.7M
Stockholders' EquityBook value
$254.6M
$12.1M
Total Assets
$364.4M
$885.2M
Debt / EquityLower = less leverage
65.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTFL
HTFL
STRW
STRW
Q4 25
$31.8M
Q3 25
$291.2M
$19.8M
Q2 25
$80.2M
$96.3M
Q1 25
$42.3M
Q4 24
$48.4M
Q3 24
$29.3M
Q2 24
$16.1M
Q1 24
$15.1M
Total Debt
HTFL
HTFL
STRW
STRW
Q4 25
$794.7M
Q3 25
$779.4M
Q2 25
$794.1M
Q1 25
$715.5M
Q4 24
$673.9M
Q3 24
$584.5M
Q2 24
$555.0M
Q1 24
$560.4M
Stockholders' Equity
HTFL
HTFL
STRW
STRW
Q4 25
$12.1M
Q3 25
$254.6M
$14.2M
Q2 25
$-894.8M
$15.5M
Q1 25
$19.6M
Q4 24
$18.2M
Q3 24
$12.6M
Q2 24
$7.4M
Q1 24
$7.5M
Total Assets
HTFL
HTFL
STRW
STRW
Q4 25
$885.2M
Q3 25
$364.4M
$880.6M
Q2 25
$159.4M
$897.3M
Q1 25
$834.8M
Q4 24
$787.6M
Q3 24
$661.5M
Q2 24
$635.9M
Q1 24
$634.9M
Debt / Equity
HTFL
HTFL
STRW
STRW
Q4 25
65.64×
Q3 25
54.70×
Q2 25
51.26×
Q1 25
36.47×
Q4 24
37.09×
Q3 24
46.34×
Q2 24
74.61×
Q1 24
74.81×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HTFL
HTFL
STRW
STRW
Operating Cash FlowLast quarter
$-3.0M
$90.0M
Free Cash FlowOCF − Capex
$-4.2M
FCF MarginFCF / Revenue
-9.1%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
44.62×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTFL
HTFL
STRW
STRW
Q4 25
$90.0M
Q3 25
$-3.0M
$20.7M
Q2 25
$-40.5M
$29.8M
Q1 25
$19.0M
Q4 24
$59.3M
Q3 24
$11.8M
Q2 24
$20.6M
Q1 24
$2.1M
Free Cash Flow
HTFL
HTFL
STRW
STRW
Q4 25
Q3 25
$-4.2M
Q2 25
$-42.4M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
HTFL
HTFL
STRW
STRW
Q4 25
Q3 25
-9.1%
Q2 25
-97.6%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
HTFL
HTFL
STRW
STRW
Q4 25
Q3 25
2.7%
Q2 25
4.4%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
HTFL
HTFL
STRW
STRW
Q4 25
44.62×
Q3 25
10.26×
Q2 25
15.24×
Q1 25
11.97×
Q4 24
40.44×
Q3 24
12.53×
Q2 24
21.93×
Q1 24
2.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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