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Heartflow, Inc.（HTFL）与西木工作室（WHG）财务数据对比。点击上方公司名可切换其他公司
Heartflow, Inc.的季度营收约是西木工作室的1.9倍（$46.3M vs $25.0M），西木工作室净利率更高（3.1% vs -109.9%，领先113.0%）
Heartflow是一家专注于非侵入式心血管诊断解决方案的医疗科技企业，核心技术可通过CT扫描数据构建患者冠状动脉3D模型，评估血流状况以识别血管堵塞，辅助临床医生制定个性化心脏病诊疗方案，服务全球医疗机构。
西木工作室是总部位于美国内华达州拉斯维加斯的电子游戏开发商，1985年由布雷特·斯佩里与路易斯·卡斯特创立，最初名为Brelous Software，成立两个月后更名为西木合伙人，1992年维珍游戏收购后更名为西木工作室。1998年该工作室连同维珍互动北美业务一同被艺电收购。
HTFL vs WHG — 直观对比
营收规模更大
HTFL
是对方的1.9倍
$25.0M
净利率更高
WHG
高出113.0%
-109.9%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $46.3M | $25.0M |
| 净利润 | $-50.9M | $782.0K |
| 毛利率 | 76.5% | — |
| 营业利润率 | -32.6% | — |
| 净利率 | -109.9% | 3.1% |
| 营收同比 | — | 7.4% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $-1.04 | $0.09 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收HTFLWHG
| Q1 26 | — | $25.0M | ||
| Q4 25 | — | $27.1M | ||
| Q3 25 | $46.3M | $24.3M | ||
| Q2 25 | $43.4M | $23.1M | ||
| Q1 25 | — | $23.3M | ||
| Q4 24 | — | $46.5M | ||
| Q3 24 | — | $23.7M | ||
| Q2 24 | — | $22.7M |
净利润HTFLWHG
| Q1 26 | — | $782.0K | ||
| Q4 25 | — | $1.8M | ||
| Q3 25 | $-50.9M | $3.7M | ||
| Q2 25 | $-9.2M | $1.0M | ||
| Q1 25 | — | $478.0K | ||
| Q4 24 | — | $3.7M | ||
| Q3 24 | — | $-1.2M | ||
| Q2 24 | — | $-378.0K |
毛利率HTFLWHG
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 76.5% | — | ||
| Q2 25 | 75.5% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率HTFLWHG
| Q1 26 | — | — | ||
| Q4 25 | — | 8.0% | ||
| Q3 25 | -32.6% | 8.3% | ||
| Q2 25 | -31.6% | 3.8% | ||
| Q1 25 | — | -0.3% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | — | -2.1% | ||
| Q2 24 | — | -18.4% |
净利率HTFLWHG
| Q1 26 | — | 3.1% | ||
| Q4 25 | — | 6.8% | ||
| Q3 25 | -109.9% | 15.4% | ||
| Q2 25 | -21.2% | 4.5% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 14.5% | ||
| Q3 24 | — | -5.0% | ||
| Q2 24 | — | -1.7% |
每股收益（稀释后）HTFLWHG
| Q1 26 | — | $0.09 | ||
| Q4 25 | — | $0.21 | ||
| Q3 25 | $-1.04 | $0.41 | ||
| Q2 25 | $-1.46 | $0.12 | ||
| Q1 25 | — | $0.05 | ||
| Q4 24 | — | $0.45 | ||
| Q3 24 | — | $-0.15 | ||
| Q2 24 | — | $-0.05 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $291.2M | $23.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $254.6M | $126.1M |
| 总资产 | $364.4M | $150.4M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资HTFLWHG
| Q1 26 | — | $23.4M | ||
| Q4 25 | — | $47.7M | ||
| Q3 25 | $291.2M | $41.3M | ||
| Q2 25 | $80.2M | $35.2M | ||
| Q1 25 | — | $29.1M | ||
| Q4 24 | — | $46.5M | ||
| Q3 24 | — | $48.3M | ||
| Q2 24 | — | $44.1M |
股东权益HTFLWHG
| Q1 26 | — | $126.1M | ||
| Q4 25 | — | $125.6M | ||
| Q3 25 | $254.6M | $123.9M | ||
| Q2 25 | $-894.8M | $122.4M | ||
| Q1 25 | — | $121.4M | ||
| Q4 24 | — | $120.3M | ||
| Q3 24 | — | $120.4M | ||
| Q2 24 | — | $120.5M |
总资产HTFLWHG
| Q1 26 | — | $150.4M | ||
| Q4 25 | — | $162.3M | ||
| Q3 25 | $364.4M | $154.0M | ||
| Q2 25 | $159.4M | $146.3M | ||
| Q1 25 | — | $135.0M | ||
| Q4 24 | — | $150.0M | ||
| Q3 24 | — | $151.5M | ||
| Q2 24 | — | $147.4M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-3.0M | $-2.6M |
| 自由现金流经营现金流 - 资本支出 | $-4.2M | — |
| 自由现金流率自由现金流/营收 | -9.1% | — |
| 资本支出强度资本支出/营收 | 2.7% | — |
| 现金转化率经营现金流/净利润 | — | -3.28× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流HTFLWHG
| Q1 26 | — | $-2.6M | ||
| Q4 25 | — | $18.9M | ||
| Q3 25 | $-3.0M | $8.5M | ||
| Q2 25 | $-40.5M | $7.3M | ||
| Q1 25 | — | $-4.9M | ||
| Q4 24 | — | $21.1M | ||
| Q3 24 | — | $529.0K | ||
| Q2 24 | — | $3.6M |
自由现金流HTFLWHG
| Q1 26 | — | — | ||
| Q4 25 | — | $18.8M | ||
| Q3 25 | $-4.2M | $8.5M | ||
| Q2 25 | $-42.4M | — | ||
| Q1 25 | — | $-4.9M | ||
| Q4 24 | — | $21.0M | ||
| Q3 24 | — | $519.0K | ||
| Q2 24 | — | $3.5M |
自由现金流率HTFLWHG
| Q1 26 | — | — | ||
| Q4 25 | — | 69.5% | ||
| Q3 25 | -9.1% | 34.8% | ||
| Q2 25 | -97.6% | — | ||
| Q1 25 | — | -21.1% | ||
| Q4 24 | — | 45.2% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | 15.6% |
资本支出强度HTFLWHG
| Q1 26 | — | — | ||
| Q4 25 | — | 0.3% | ||
| Q3 25 | 2.7% | 0.3% | ||
| Q2 25 | 4.4% | 0.0% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.1% |
现金转化率HTFLWHG
| Q1 26 | — | -3.28× | ||
| Q4 25 | — | 10.29× | ||
| Q3 25 | — | 2.29× | ||
| Q2 25 | — | 7.08× | ||
| Q1 25 | — | -10.25× | ||
| Q4 24 | — | 5.69× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
HTFL
暂无分部数据
WHG
| Asset-based | $19.3M | 77% |
| Trust fees | $5.3M | 21% |
