Butterfly Network, Inc. (BFLY) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	123.3M	97.6M	82.1M	65.9M	73.4M
Cost of Revenue	36.7M	51.9M	33.2M	49.0M	33.9M
Gross Profit	86.6M	45.7M	48.8M	16.9M	39.5M
Operating Expenses
R&D Expense	39.6M	36.3M	37.8M	55.6M	88.0M
SG&A Expense	95.5M	85.1M	85.4M	106.8M	144.4M
General & Admin Expense	48.6M	39.2M	43.9M	67.8M	84.9M
Selling & Marketing Expense	46.9M	45.9M	41.6M	39.1M	59.5M
Other Expenses	12.1M	10.8M	—	—	—
Total Operating Expenses	147.2M	132.1M	123.2M	162.5M	232.5M
Cost and Expenses	183.8M	184.0M	156.5M	211.5M	266.4M
Operating Income (EBIT)	(60.6M)	(86.4M)	(74.4M)	(145.6M)	(193.0M)
Non-Operating
Interest Income	4.6M	5.9M	5.0M	7.5M	3.4M
Interest Expense	1.2M	1.5M	1.3M	—	2.0K
Net Interest Income	3.4M	4.4M	3.8M	7.5M	3.4M
Other Non-Op Income/Expense	7.0M	9.5M	1.9M	12.0M	24.3M
Non-Operating Income (excl Interest)	(8.2M)	(11.0M)	(3.1M)	(12.0M)	(24.3M)
EBT (Pre-Tax Income)	(53.6M)	(77.0M)	(72.5M)	(133.6M)	(168.7M)
Income Tax Expense	66.0K	110.0K	(32.0K)	82.0K	42.0K
Bottom Line
Net Income	(53.7M)	(77.1M)	(72.5M)	(133.7M)	(168.7M)
Earnings from Cont. Ops	(53.7M)	(77.1M)	(72.5M)	(133.7M)	(168.7M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(53.7M)	(77.1M)	(72.5M)	(133.7M)	(168.7M)
Per Share
Basic EPS	($0.21)	($0.31)	($0.34)	($0.65)	($0.84)
Diluted EPS	($0.21)	($0.31)	($0.34)	($0.65)	($0.84)
Revenue Per Share	$0.46	$0.39	$0.39	$0.32	$0.37
Shares
Basic Shares Outstanding	266.5M	247.1M	211.7M	205.4M	199.8M
Diluted Shares Outstanding	266.5M	247.1M	211.7M	205.4M	199.8M
Profitability Metrics
EBITDA	(45.5M)	(67.4M)	(60.9M)	(123.0M)	(162.7M)
D&A	6.8M	8.1M	10.3M	10.6M	5.9M
EBIT	(52.4M)	(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 Sep 1, 2026