Butterfly Network, Inc. (BFLY) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	112.1M	97.6M	82.1M	65.9M	73.4M
Cost of Revenue	53.1M	51.9M	33.2M	49.0M	33.9M
Gross Profit	59.0M	45.7M	48.8M	16.9M	39.5M
Operating Expenses
R&D Expense	38.1M	36.3M	37.8M	55.6M	88.0M
SG&A Expense	92.2M	85.1M	85.4M	106.8M	144.4M
General & Admin Expense	46.3M	39.2M	43.9M	67.8M	84.9M
Selling & Marketing Expense	45.9M	45.9M	41.6M	39.1M	59.5M
Other Expenses	8.1M	10.8M	—	—	—
Total Operating Expenses	138.4M	132.1M	123.2M	162.5M	232.5M
Cost and Expenses	191.5M	184.0M	156.5M	211.5M	266.4M
Operating Income (EBIT)	(79.4M)	(86.4M)	(74.4M)	(145.6M)	(193.0M)
Non-Operating
Interest Income	5.0M	5.9M	5.0M	7.5M	3.4M
Interest Expense	1.3M	1.5M	1.3M	—	2.0K
Net Interest Income	3.7M	4.4M	3.8M	7.5M	3.4M
Other Non-Op Income/Expense	4.6M	9.5M	1.9M	12.0M	24.3M
Non-Operating Income (excl Interest)	(6.0M)	(11.0M)	(3.1M)	(12.0M)	(24.3M)
EBT (Pre-Tax Income)	(74.8M)	(77.0M)	(72.5M)	(133.6M)	(168.7M)
Income Tax Expense	82.0K	110.0K	(32.0K)	82.0K	42.0K
Bottom Line
Net Income	(74.8M)	(77.1M)	(72.5M)	(133.7M)	(168.7M)
Earnings from Cont. Ops	(74.8M)	(77.1M)	(72.5M)	(133.7M)	(168.7M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(74.8M)	(77.1M)	(72.5M)	(133.7M)	(168.7M)
Per Share
Basic EPS	($0.29)	($0.31)	($0.34)	($0.65)	($0.84)
Diluted EPS	($0.29)	($0.31)	($0.34)	($0.65)	($0.84)
Revenue Per Share	$0.43	$0.39	$0.39	$0.32	$0.37
Shares
Basic Shares Outstanding	262.1M	247.1M	211.7M	205.4M	199.8M
Diluted Shares Outstanding	262.1M	247.1M	211.7M	205.4M	199.8M
Profitability Metrics
EBITDA	(66.3M)	(67.4M)	(60.9M)	(123.0M)	(162.7M)
D&A	7.1M	8.1M	10.3M	10.6M	5.9M
EBIT	(73.4M)	(75.5M)	(71.3M)	(133.6M)	(168.7M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026