HSCS (HeartSciences) Gross Margin %: 0.00% (As of Jan. 2026)


HSCS HeartSciences Inc HSCS
41 GF Score
Price $2.90
GF Value $2.61
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is HeartSciences Gross Margin %?

HeartSciences HSCS -1.18% 41 Gross Margin % is 0.00% as of Jan. 2026. GuruFocus rates HSCS with a GF Score™ of 41/100 and a GF Value™ of $2.61 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 805 Medical Devices & Instruments companies, HeartSciences ranks worse than 53.17% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. HeartSciences's Gross Profit for the three months ended in Jan. 2026 was $0.00 Mil. HeartSciences's Revenue for the three months ended in Jan. 2026 was $0.00 Mil. Therefore, HeartSciences's Gross Margin % for the quarter that ended in Jan. 2026 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for HeartSciences's Gross Margin % or its related term are showing as below:

HSCS' s Gross Margin % Range Over the Past 10 Years
Min: 28.13   Med: 46.43   Max: 68.42
Current: 50


During the past 6 years, the highest Gross Margin % of HeartSciences was 68.42%. The lowest was 28.13%. And the median was 46.43%.

HSCS's Gross Margin % is ranked worse than
53.17% of 805 companies
in the Medical Devices & Instruments industry
Industry Median: 52.07 vs HSCS: 50.00

HeartSciences had a gross margin of N/A% for the quarter that ended in Jan. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for HeartSciences was 10.00% per year.


HeartSciences  (NAS:HSCS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

HeartSciences had a gross margin of N/A% for the quarter that ended in Jan. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


HeartSciences Gross Margin % Related Terms


HeartSciences Gross Margin % Historical Data

* Premium members only.

The historical data trend for HeartSciences's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HeartSciences Gross Margin % Chart

HeartSciences Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Gross Margin %
Get a 7-Day Free Trial 57.69 42.86 40.00 68.42 50.00

HeartSciences Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 50.00 50.00 50.00 0.00

HSCS vs FEED, ITOC, LUDG: Gross Margin % Comparison

For the Medical Devices subindustry, HeartSciences's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HeartSciences Gross Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, HeartSciences's Gross Margin % distribution charts can be found below:

* The bar in red indicates where HeartSciences's Gross Margin % falls into.


HSCS
41GF Score
HeartSciences Inc HSCS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HeartSciences Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

HeartSciences's Gross Margin for the fiscal year that ended in Apr. 2025 is calculated as

Gross Margin % (A: Apr. 2025 )=Gross Profit (A: Apr. 2025 ) / Revenue (A: Apr. 2025 )
=0 / 0.004
=(Revenue - Cost of Goods Sold) / Revenue
=(0.004 - 0.002) / 0.004
=50.00 %

HeartSciences's Gross Margin for the quarter that ended in Jan. 2026 is calculated as


Gross Margin % (Q: Jan. 2026 )=Gross Profit (Q: Jan. 2026 ) / Revenue (Q: Jan. 2026 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
HeartSciences (HSCS) has a Gross Margin % of 0.00% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on HeartSciences and its competitors. Over the past decade, HeartSciences' Gross Margin % has ranged from 28.13 to 68.42. According to the industry distribution chart, HeartSciences ranks #428 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 53.2%.
Is HeartSciences' Gross Margin % too high?
HeartSciences' current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 28.13 to a high of 68.42. Based on the distribution chart, HeartSciences ranks #428 out of 805 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, HeartSciences has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HeartSciences' Gross Margin % compare to FEED and ITOC?
According to the Medical Devices & Instruments industry distribution chart, HeartSciences ranks #428 out of 805 companies for Gross Margin %. This places HeartSciences in the lower half of its industry. The industry median Gross Margin % is 52.07. Historically, HeartSciences' own Gross Margin % has ranged from 28.13 to 68.42 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 52.07, based on 805 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on HeartSciences and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HeartSciences's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HeartSciences stock overvalued right now?
Based on GuruFocus' analysis, HeartSciences (HSCS) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.61, compared to a current price of $2.90 — trading 11.1% above its estimated fair value. The current Gross Margin % is 0.00%. HeartSciences' overall GF Score™ is 41/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For HeartSciences (HSCS), the current Gross Margin % is 0.00% as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HeartSciences (HSCS) Overvalued in 2026?

Based on GuruFocus' analysis, HeartSciences stock appears to be overvalued. The current stock price of $2.90 is trading 11.1% above its estimated GF Value™ of $2.61. GuruFocus considers HeartSciences to be Modestly Overvalued.

Key valuation signals for HSCS:

  • Gross Margin %: 0.00%
  • GF Value™: $2.61 vs. price of $2.90 (11.1% above fair value)
  • GF Score™: 41/100 with 7 warning signs

No single metric tells the full story. See the HSCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HeartSciences Business Description

Address 550 Reserve Street, Suite 360, Southlake, TX, USA, 76092
HeartSciences Inc is an artificial intelligence (AI)-powered medical technology company focused on transforming ECGs/EKGs to save lives through earlier detection of heart disease. Its objective is to improve healthcare by making it a far more valuable cardiac screening tool, particularly in frontline or point-of-care clinical settings. It is developing a suite of AI-ECG diagnostic solutions for use in any healthcare care setting, either via MyoVista Insights cloud-platform using one of the millions of ECG devices currently in clinical use or via MyoVista wavECG Device.
41GF Score

Get the complete analysis for HSCS

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.90
Price
$2.61
GF Value