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Side-by-side financial comparison of Heartflow, Inc. (HTFL) and Vitesse Energy, Inc. (VTS). Click either name above to swap in a different company.

Vitesse Energy, Inc. is the larger business by last-quarter revenue ($58.6M vs $46.3M, roughly 1.3× Heartflow, Inc.). Vitesse Energy, Inc. runs the higher net margin — -1.3% vs -109.9%, a 108.6% 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.

Vitesse Energy, Inc. is a U.S.-headquartered independent energy company focused on exploration, development, and production of oil and natural gas assets. It operates primarily in high-potential onshore basins including North Dakota's Williston Basin, serving domestic and global upstream energy market demand.

HTFL vs VTS — Head-to-Head

Bigger by revenue
VTS
VTS
1.3× larger
VTS
$58.6M
$46.3M
HTFL
Higher net margin
VTS
VTS
108.6% more per $
VTS
-1.3%
-109.9%
HTFL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
HTFL
HTFL
VTS
VTS
Revenue
$46.3M
$58.6M
Net Profit
$-50.9M
$-739.0K
Gross Margin
76.5%
Operating Margin
-32.6%
-12.0%
Net Margin
-109.9%
-1.3%
Revenue YoY
4.8%
Net Profit YoY
85.6%
EPS (diluted)
$-1.04
$-0.01

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
VTS
VTS
Q4 25
$58.6M
Q3 25
$46.3M
$67.4M
Q2 25
$43.4M
$81.8M
Q1 25
$66.2M
Q4 24
$55.9M
Q3 24
$58.3M
Q2 24
$66.6M
Q1 24
$61.2M
Net Profit
HTFL
HTFL
VTS
VTS
Q4 25
$-739.0K
Q3 25
$-50.9M
$-1.3M
Q2 25
$-9.2M
$24.7M
Q1 25
$2.7M
Q4 24
$-5.1M
Q3 24
$17.4M
Q2 24
$10.9M
Q1 24
$-2.2M
Gross Margin
HTFL
HTFL
VTS
VTS
Q4 25
Q3 25
76.5%
Q2 25
75.5%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
HTFL
HTFL
VTS
VTS
Q4 25
-12.0%
Q3 25
-32.6%
0.2%
Q2 25
-31.6%
22.8%
Q1 25
8.1%
Q4 24
3.7%
Q3 24
15.4%
Q2 24
25.2%
Q1 24
21.4%
Net Margin
HTFL
HTFL
VTS
VTS
Q4 25
-1.3%
Q3 25
-109.9%
-1.9%
Q2 25
-21.2%
30.2%
Q1 25
4.0%
Q4 24
-9.2%
Q3 24
29.9%
Q2 24
16.4%
Q1 24
-3.6%
EPS (diluted)
HTFL
HTFL
VTS
VTS
Q4 25
$-0.01
Q3 25
$-1.04
$-0.03
Q2 25
$-1.46
$0.60
Q1 25
$0.08
Q4 24
$-0.15
Q3 24
$0.53
Q2 24
$0.33
Q1 24
$-0.07

Balance Sheet & Financial Strength

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

Metric
HTFL
HTFL
VTS
VTS
Cash + ST InvestmentsLiquidity on hand
$291.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$254.6M
$629.3M
Total Assets
$364.4M
$893.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTFL
HTFL
VTS
VTS
Q4 25
Q3 25
$291.2M
Q2 25
$80.2M
Q1 25
$4.5M
Q4 24
$3.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HTFL
HTFL
VTS
VTS
Q4 25
$629.3M
Q3 25
$254.6M
$650.3M
Q2 25
$-894.8M
$671.9M
Q1 25
$667.7M
Q4 24
$500.3M
Q3 24
$520.4M
Q2 24
$518.5M
Q1 24
$522.7M
Total Assets
HTFL
HTFL
VTS
VTS
Q4 25
$893.4M
Q3 25
$364.4M
$932.9M
Q2 25
$159.4M
$951.5M
Q1 25
$975.2M
Q4 24
$810.9M
Q3 24
$791.2M
Q2 24
$778.4M
Q1 24
$749.7M

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
VTS
VTS
Operating Cash FlowLast quarter
$-3.0M
$37.4M
Free Cash FlowOCF − Capex
$-4.2M
FCF MarginFCF / Revenue
-9.1%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTFL
HTFL
VTS
VTS
Q4 25
$37.4M
Q3 25
$-3.0M
$49.4M
Q2 25
$-40.5M
$66.0M
Q1 25
$17.5M
Q4 24
$34.7M
Q3 24
$45.7M
Q2 24
$35.2M
Q1 24
$39.4M
Free Cash Flow
HTFL
HTFL
VTS
VTS
Q4 25
Q3 25
$-4.2M
Q2 25
$-42.4M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
HTFL
HTFL
VTS
VTS
Q4 25
Q3 25
-9.1%
Q2 25
-97.6%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
HTFL
HTFL
VTS
VTS
Q4 25
Q3 25
2.7%
Q2 25
4.4%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
HTFL
HTFL
VTS
VTS
Q4 25
Q3 25
Q2 25
2.68×
Q1 25
6.56×
Q4 24
Q3 24
2.62×
Q2 24
3.22×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HTFL
HTFL

Segment breakdown not available.

VTS
VTS

Oil Reserves$54.5M93%
Natural Gas Reserves$4.2M7%

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