Heartsciences Inc. income statement
In fiscal 2026, Heartsciences Inc. reported revenue of $4,319, down 0.7% on the year before, operating income of −$8.4m (a -194787.4% margin) and net income of −$9.1m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Apr 2022 | 2023Apr 2023 | 2024Apr 2024 | 2025Apr 2025 | 2026Apr 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross profit | 0 | 0 | 0 | 0 | 0 | 0 |
| Research and development | 3 | 2 | 3 | 4 | 3 | 3 |
| Selling, general and administrative | 2 | 4 | 3 | 4 | 6 | 7 |
| Operating income | −5 | −6 | −6 | −8 | −8 | −9 |
| Interest expense | 0 | 0 | 0 | 1 | 1 | 1 |
| Income tax | — | — | — | 0 | 0 | — |
| Net income | −5 | −6 | −7 | −9 | −9 | −10 |
| Diluted EPS | −$1.45 | −$80.00 | −$18.74 | −$9.34 | — | −$3.19 |
| Diluted shares (average) | — | — | — | — | 3m | 3m |
| EBITDA | −5 | −6 | −6 | −8 | −8 | −9 |
| Quarter | 2024 Q4Apr 2024 | 2025 Q3Jan 2025 | 2025 Q4Apr 2025 | 2026 Q1Jul 2025 | 2026 Q2Oct 2025 | 2026 Q3Jan 2026 | 2026 Q4Apr 2026 | 2027 Q1Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 4 | 2 | 2 | 0 | 0 | 2 |
| Cost of revenue | 0 | 0 | 2 | 1 | 1 | 0 | 0 | 1 |
| Gross profit | 0 | 0 | 2 | 1 | 1 | 0 | 0 | 1 |
| Research and development | 1,046 | 1,033 | 929 | 997 | 727 | 639 | 476 | 907 |
| Selling, general and administrative | 834 | 1,338 | 994 | 878 | 1,348 | 1,290 | 2,060 | 2,034 |
| Operating income | −1,880 | −2,371 | −1,920 | −1,874 | −2,073 | −1,929 | −2,536 | −2,939 |
| Interest expense | 21 | 179 | 181 | 184 | 280 | 62 | 228 | 235 |
| Net income | −1,846 | −2,536 | −2,094 | −2,055 | −2,351 | −1,985 | −2,751 | −3,172 |
| Diluted EPS | $0.11 | −$2.57 | −$1.88 | −$1.58 | −$0.85 | — | — | — |
| EBITDA | −1,871 | −2,365 | −1,913 | −1,867 | −2,066 | −1,922 | −2,530 | −2,933 |
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