---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-014225"
form_type: "8-K"
ticker: "HTCR"
cik: "0001892322"
company_name: "HeartCore Enterprises, Inc."
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:14:39.349481+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# HeartCore FY2025 rev $9.0M (-60% YoY); net income $5.5M on gain from divestiture

## Summary
- Revenue $9.0M vs $22.7M YoY; prior year included $13M warrant revenue from a large Go IPO deal.
- Net income $5.5M vs net loss $5.2M YoY; improvement driven by gain on sale of HeartCore Japan.
- Adjusted EBITDA $6.5M vs $7.3M; cash and equivalents $2.0M at Dec 31, 2025.
- 16 Go IPO clients as of Mar 31, 2026; 6 in preparation for potential U.S. registrations.
- Authorized one-time distribution and $2.0M share repurchase; established Higgs Field for financial services.

## SEC filing metadata
- accession: 0001493152-26-014225
- form_type: 8-K
- ticker: HTCR
- cik: 0001892322
- company_name: HeartCore Enterprises, Inc.
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892322/000149315226014225/0001493152-26-014225-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892322/000149315226014225/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-014225
- JSON: https://secwatch.observer/filing/0001493152-26-014225.json
- Plain text: https://secwatch.observer/filing/0001493152-26-014225.txt

## Key facts
- Earnings Releases
  HeartCore Enterprises, Inc. reported full year ended December 31, 2025 results: revenue $9.0 million, net income $5.5 million.
  - Period: full year ended December 31, 2025
  - Revenue: $9.0 million
  - Net income: $5.5 million
  - Result: reported results
  source text: will continue to strengthen our focus on financial services and aim to drive sustainable growth and long-term stockholder value.” Full Year 2025 Financial Results Revenues were $9.0 million, compared to $22.7 million in the same period last year. The decrease was primarily due to receipt of $13 million in warrant revenue from one large Go IPO deal in the prior
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892322/000149315226014225/0001493152-26-014225-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.