Butterfly Network financials
$9.10−0.55%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $97.6M | $82.1M | $65.9M | $73.4M | $62.6M |
| Gross profit | $45.7M | $48.8M | $16.9M | $39.5M | $17.1M |
| Gross margin | 46.9% | 59.5% | 25.6% | 53.8% | 27.3% |
| Operating income | -$86.4M | -$74.4M | -$145.6M | -$193.0M | -$192.7M |
| Net income | -$77.1M | -$72.5M | -$133.7M | -$168.7M | -$32.4M |
| Net margin | −79.0% | −88.3% | −202.9% | −229.9% | −51.8% |
| Diluted EPS | $-0.31 | $-0.34 | $-0.65 | $-0.84 | $-0.19 |
| EBITDA | -$78.3M | -$64.1M | -$135.0M | -$187.1M | -$192.7M |
| Operating cash flow | -$12.7M | -$41.7M | -$98.8M | -$169.1M | -$189.2M |
| Free cash flow | -$16.0M | -$44.4M | -$104.6M | -$187.4M | -$197.1M |
| Diluted shares | 247.1M | 211.7M | 205.4M | 199.8M | 173.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $150.5M | $88.8M | $134.4M | $162.6M | $422.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $75.3M | — |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $296.5M | $256.1M | $304.3M | $417.6M | $572.0M |
| Total liabilities | $100.6M | $87.3M | $84.2M | $92.2M | $124.3M |
| Shareholders' equity | $196.0M | $168.8M | $220.1M | $325.4M | $447.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology