HeartSciences Inc. (HSCS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 0 | 2.42K | 1.9K | 4.35K | 0 | 0 | 0 | 0 | 14.7K | 3.9K | 0 | 0 | 1.95K | 0 | 3.2K | 4.15K | 2.74K | 7.48K | 14.95K |
| Revenue Growth % | - | - | - | - | -100% | -100% | - | - | 653.85% | - | -100% | -100% | - | - | - | -72.25% | - | - | - |
| Cost of Goods Sold | 33.24K | 33.44K | 760 | 33.14K | 0 | 34.41K | 33.32K | 9.2K | 8.28K | 9.16K | 7.34K | 6.83K | 7.63K | 6.81K | 8.45K | 7.78K | 7.35K | 12.73K | 6.22K |
| COGS % of Revenue | - | 1382.51% | 40% | 761.86% | - | - | - | - | 56.31% | 234.77% | - | - | 391.03% | - | 264% | 187.42% | 268.25% | 170.08% | 41.61% |
| Gross Profit | -33.24K | -31.02K | 1.14K | -28.79K | 0 | -34.41K | -33.32K | -9.2K | 6.42K | -5.26K | -7.34K | -6.83K | -5.67K | -6.81K | -5.25K | -3.63K | -4.61K | -5.25K | 8.73K |
| Gross Margin % | - | -1282.51% | 60% | -661.86% | - | - | - | - | 43.69% | -134.77% | - | - | -291.03% | - | -164% | -87.42% | -168.25% | -70.08% | 58.39% |
| Gross Profit Growth % | - | 9.84% | 103.42% | -212.91% | -100% | -554.68% | -354.05% | -34.81% | 213.16% | 22.85% | -39.82% | -88.17% | - | - | - | -141.55% | - | - | - |
| Operating Expenses | 1.9M | 2.04M | 1.88M | 1.89M | 2.37M | 1.95M | 2.04M | 1.87M | 1.53M | 1.56M | 1.32M | 1.59M | 1.3M | 1.77M | 1.42M | 1.97M | 1.1M | 669.2K | 794.97K |
| OpEx % of Revenue | - | 84430.72% | 98697.84% | 43485.24% | - | - | - | - | 10420.44% | 40120.18% | - | - | 66852.72% | - | 44526.53% | 47582.14% | 39988.21% | 8941.76% | 5317.51% |
| Selling, General & Admin | 1.29B | 1.32M | 878.05K | 962.52K | 1.34M | 751.66K | 817.42K | 824.48K | 1.02M | 807.38K | 757.68K | 1.06M | 660.37K | 919.12K | 990.65K | 618.55K | 396.66K | 268.09K | 202.07K |
| SG&A % of Revenue | - | 54375.9% | 46213.32% | 22126.83% | - | - | - | - | 6954.4% | 20702.15% | - | - | 33865.13% | - | 30957.84% | 14908.48% | 14476.72% | 3582.14% | 1351.63% |
| Research & Development | 638.58M | 727.03K | 997.21K | 929.09K | 1.03M | 1.2M | 1.22M | 1.05M | 509.51K | 757.3K | 565.63K | 534.44K | 643.26K | 848.98K | 434.2K | 1.36M | 699.01K | 401.11K | 593.99K |
| R&D % of Revenue | - | 30054.82% | 52484.53% | 21358.41% | - | - | - | - | 3466.03% | 19418.03% | - | - | 32987.59% | - | 13568.69% | 32673.66% | 25511.5% | 5359.62% | 3973.16% |
| Other Operating Expenses | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.09K |
| Operating Income | -1.93M | -2.07M | -1.87M | -1.92M | -2.37M | -1.99M | -2.08M | -1.88M | -1.53M | -1.57M | -1.33M | -1.6M | -1.31M | -1.77M | -1.43M | -1.98M | -1.1M | -674.45K | -786.24K |
| Operating Margin % | - | -85713.23% | -98637.84% | -44147.1% | - | - | - | - | -10376.73% | -40254.95% | - | - | -67143.74% | - | -44690.53% | -47669.56% | -40156.46% | -9011.84% | -5259.12% |
| Operating Income Growth % | 18.66% | -4.45% | 9.71% | -2.16% | -55.47% | -26.44% | -55.99% | -17.59% | -16.5% | 11.55% | 6.95% | 19.17% | - | - | - | -151.55% | - | - | - |
| EBITDA | -1.9M | -2.04M | -1.84M | -1.89M | -2.34M | -1.95M | -2.04M | -1.8M | -1.52M | -1.56M | -1.32M | -1.59M | -1.3M | -1.77M | -1.42M | -1.97M | -1.09M | -667.47K | -778.99K |
| EBITDA Margin % | - | -84372.39% | -96970.74% | -43428.46% | - | - | - | - | -10351.45% | -40059.15% | - | - | -66791.69% | - | -44490.16% | -47512.99% | -39919.38% | -8918.67% | -5210.61% |
| EBITDA Growth % | 19.07% | -4.63% | 9.79% | -4.76% | -53.94% | -24.86% | -54.34% | -13.29% | -16.83% | 11.64% | 7.05% | 19.25% | - | - | - | -153.06% | - | - | - |
| D&A (Non-Cash Add-back) | 33.24K | 32.44K | 31.68K | 31.26K | 28.97K | 34.41K | 33.32K | 76.44K | 3.72K | 7.64K | 7.34K | 6.83K | 6.87K | 6.81K | 6.41K | 6.5K | 6.5K | 6.97K | 7.25K |
| EBIT | -1.92M | -2.07M | -1.87M | -1.91M | -2.36M | -1.97M | -2.03M | -1.83M | -1.53M | -1.57M | -1.33M | -1.6M | -1.31M | -1.77M | -1.43M | -1.98M | -1.1M | -424.25K | -787.46K |
| Net Interest Income | -56.27K | -277.37K | -180.88K | -180.85K | -164.82K | -117.6K | -22.53K | -20.94K | -118.44K | -178.44K | -36.26K | -33.96K | -32.8K | -32.8K | -143.61K | -77.03K | -139.07K | -77.61K | -64.12K |
| Interest Income | 5.24K | 2.17K | 2.81K | 0 | 14.66K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 61.51K | 279.53K | 183.69K | 180.85K | 179.48K | 117.6K | 22.53K | 20.94K | 118.44K | 178.44K | 36.26K | 33.96K | 32.8K | 32.8K | 143.61K | 77.03K | 139.07K | 77.61K | 64.12K |
| Other Income/Expense | -56.27K | -277.37K | -180.88K | -173.93K | -164.82K | -97.88K | 23.98K | 33.63K | -118.43K | -178.44K | -36.2K | -33.7K | -32.81K | -31.61K | -143.21K | -75.33K | -138.22K | 172.59K | -65.33K |
| Pretax Income | -1.99M | -2.35M | -2.05M | -2.09M | -2.54M | -2.08M | -2.05M | -1.85M | -1.64M | -1.75M | -1.37M | -1.63M | -1.34M | -1.81M | -1.57M | -2.05M | -1.24M | -501.85K | -851.57K |
| Pretax Margin % | - | -97179.37% | -108157.58% | -48145.52% | - | - | - | - | -11182.39% | -44830.21% | - | - | -68826.41% | - | -49165.72% | -49485.08% | -45200.84% | -6705.65% | -5696.14% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -1.99M | -2.35M | -2.05M | -2.09M | -2.54M | -2.08M | -2.05M | -1.85M | -1.64M | -1.75M | -1.37M | -1.63M | -1.34M | -1.81M | -1.57M | -2.05M | -1.24M | -501.85K | -851.57K |
| Net Margin % | - | -97179.37% | -108157.58% | -48145.49% | - | - | - | - | -11182.39% | -44830.21% | - | - | -68826.41% | - | -49165.72% | -49485.06% | -45200.84% | -6705.65% | -5696.14% |
| Net Income Growth % | 21.73% | -12.86% | -0.16% | -13.44% | -54.29% | -19.13% | -50.1% | -13.1% | -22.48% | 3.22% | 13.12% | 20.49% | - | - | - | -141.1% | - | - | - |
| Net Income (Continuing) | -1.99M | -2.35M | -2.05M | -2.09M | -2.54M | -2.08M | -2.05M | -1.85M | -1.64M | -1.75M | -1.37M | -1.63M | -1.34M | -1.81M | -1.57M | -2.05M | -1.24M | -501.85K | -851.57K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.63 | -0.85 | -1.58 | -1.88 | -2.57 | -2.27 | -2.64 | -2.73 | -3.06 | -15.98 | -13.23 | -16.47 | -16.47 | -22.39 | -30.41 | -64.03 | -37.27 | -15.14 | -25.70 |
| EPS Growth % | 75.49% | 62.56% | 40.15% | 31.14% | 16.01% | 85.79% | 80.05% | 83.42% | 81.42% | 28.63% | 56.49% | 74.28% | - | - | - | -149.14% | - | - | - |
| EPS (Basic) | -0.63 | -0.85 | -1.58 | -1.88 | -2.57 | -2.27 | -2.64 | -2.73 | -3.06 | -15.98 | -13.23 | -16.47 | -16.47 | -22.39 | -30.55 | -64.04 | -37.27 | -15.14 | -25.70 |
| Diluted Shares Outstanding | 3.16M | 2.78M | 1.3M | 1.11M | 986.06K | 917.45K | 777.75K | 676.6K | 537.93K | 109.39K | 103.31K | 101.18K | 83.5K | 82.11K | 56.45K | 33.24K | 33.23K | 33.14K | 33.14K |
| Basic Shares Outstanding | 3.16M | 2.78M | 1.3M | 1.11M | 986.06K | 917.45K | 777.75K | 676.6K | 537.93K | 109.39K | 103.31K | 101.18K | 83.5K | 82.11K | 56.19K | 33.24K | 33.23K | 33.14K | 33.14K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |