Butterfly Network, Inc. BFLY
X-Ray Apparatus & Tubes & Related Irradiation Apparatus · CIK 0001804176 · Fiscal year ends 1231
Revenue
$32.60M
Fiscal year ended 2026-09-30Operating income
-$13.58M
Fiscal year ended 2026-09-30Free cash flow
-$3.41M
Fiscal year ended 2026-09-30Valuation, from the filing
| Public float | $383.80M | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
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| Float / revenue | 3.9× | A lower bound on the multiple, because affiliate holdings are excluded. |
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| Float / equity | 2.0× | A lower bound on the multiple, because affiliate holdings are excluded. |
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Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Butterfly Network, Inc. (BFLY) reported revenue of $32.60M and net income of -$12.81M for the fiscal year ended 2026-09-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Butterfly Network, Inc.’s SEC filings, each linked to the filing it came from.
Income
Butterfly Network, Inc. income by fiscal year, in US dollars, normalized from SEC filings.| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
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| Revenue | $32.60M | $32.61M | $26.53M | $31.51M | $21.49M | $23.38M | $21.22M | $22.35M | $20.56M | $21.49M |
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| Cost of revenue | $8.80M | $9.32M | $8.24M | $10.29M | $25.25M | $8.49M | $7.84M | $8.62M | $8.33M | $8.90M |
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| Gross profit | $23.80M | $23.29M | $18.28M | $21.22M | -$3.76M | $14.89M | $13.38M | $13.74M | $12.23M | $12.59M |
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| Operating income | -$13.58M | -$13.66M | -$13.87M | -$16.71M | -$35.13M | -$16.10M | -$18.47M | -$17.31M | -$17.25M | -$17.23M |
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| Net income | -$12.81M | -$12.91M | -$12.68M | -$15.29M | -$33.97M | -$13.83M | -$13.97M | -$18.10M | -$16.92M | -$15.71M |
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| Research & development | $10.17M | $10.54M | $9.54M | $9.32M | $8.70M | $8.32M | $9.92M | $8.82M | $8.84M | $9.41M |
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| Weighted-average diluted shares | shares 266.50M | shares 262.10M | shares 256.52M | —Unavailable | shares 252.09M | shares 248.39M | shares 234.92M | —Unavailable | shares 212.77M | shares 211.66M |
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| Pretax income | -$12.81M | -$12.91M | -$12.68M | -$15.22M | -$33.96M | -$13.81M | -$13.96M | -$18.21M | -$16.87M | -$15.69M |
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| Income tax expense | $0 | $0 | $0 | $67.00K | $16.00K | $20.00K | $7.00K | -$110.00K | $58.00K | $17.00K |
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| Diluted EPS | $-0.05 | $-0.05 | $-0.05 | —Unavailable | $-0.13 | $-0.06 | $-0.06 | —Unavailable | $-0.08 | $-0.07 |
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| Selling, general & administrative | $23.16M | $22.82M | $22.24M | $23.29M | $19.92M | $20.69M | $21.22M | $21.80M | $18.96M | $19.80M |
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| General & administrative | $11.56M | $11.36M | $10.82M | $11.22M | $9.29M | $9.13M | $9.60M | $9.94M | $9.35M | $10.07M |
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| Selling & marketing | $11.60M | $11.47M | $11.42M | $12.07M | $10.63M | $11.56M | $11.62M | $11.85M | $9.61M | $9.73M |
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Balance
Butterfly Network, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
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| Cash & equivalents | $122.30M | $124.66M | $137.95M | $150.49M | $144.23M | $148.14M | $155.21M | $88.78M | $93.76M | $102.05M |
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| Total assets | $287.98M | $283.00M | $285.92M | $296.53M | $290.00M | $313.28M | $318.41M | $256.08M | $265.27M | $273.07M |
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| Current assets | $243.67M | $237.95M | $239.79M | $249.10M | $241.39M | $253.75M | $257.38M | $192.61M | $199.49M | $204.48M |
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| Total liabilities | $103.53M | $93.60M | $94.70M | $100.55M | $86.17M | $80.47M | $78.72M | $87.25M | $83.44M | $78.79M |
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| Current liabilities | $67.99M | $58.60M | $59.58M | $65.12M | $50.33M | $44.67M | $42.48M | $48.22M | $42.79M | $40.78M |
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| Total equity incl. NCI | $184.44M | $189.40M | $191.22M | $195.98M | $203.83M | $232.81M | $239.70M | $168.83M | $181.83M | $194.28M |
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| Temporary (mezzanine) equity | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Inventory | $59.58M | $58.56M | $59.30M | $61.39M | $62.23M | $68.91M | $69.31M | $70.79M | $73.27M | $74.18M |
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| Accounts receivable | $37.38M | $34.55M | $25.21M | $26.74M | $24.42M | $24.53M | $19.88M | $20.79M | $20.62M | $16.11M |
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| Goodwill | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Long-term debt | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Accounts payable | $5.66M | $3.52M | $2.82M | $5.44M | $3.31M | $3.32M | $2.28M | $4.25M | $3.65M | $4.51M |
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Cash flow
Butterfly Network, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
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| Operating cash flow | -$2.27M | -$16.27M | -$13.89M | $9.03M | -$2.89M | -$7.17M | -$11.68M | -$3.12M | -$7.92M | -$10.00M |
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| Capital expenditures | $1.14M | $974.00K | $950.00K | $1.08M | $1.02M | $896.00K | $353.00K | $408.00K | $414.00K | $734.00K |
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| Investing cash flow | -$1.14M | -$974.00K | -$950.00K | -$1.08M | -$1.02M | -$896.00K | -$353.00K | -$408.00K | -$413.00K | -$699.00K |
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| Financing cash flow | $1.05M | $3.95M | $2.31M | -$1.69M | $0 | $987.00K | $78.47M | -$1.50M | $0 | $0 |
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| Net change in cash | -$2.36M | -$13.30M | -$12.54M | $6.26M | -$3.90M | -$7.08M | $66.44M | -$5.02M | -$8.33M | -$10.70M |
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| Stock-based compensation | $6.73M | $7.04M | $5.54M | $6.36M | $4.93M | $5.86M | $6.28M | $5.24M | $4.41M | $5.86M |
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| Common dividends paid | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Common share repurchases | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Depreciation & amortization | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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Derived
Butterfly Network, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
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| Free cash flow | -$3.41M | -$17.24M | -$14.84M | $7.95M | -$3.90M | -$8.06M | -$12.03M | -$3.53M | -$8.33M | -$10.73M |
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| Gross margin | 73.0% | 71.4% | 68.9% | 67.3% | -17.5% | 63.7% | 63.0% | 61.5% | 59.5% | 58.6% |
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| Operating margin | -41.7% | -41.9% | -52.3% | -53.0% | -163.5% | -68.9% | -87.0% | -77.5% | -83.9% | -80.2% |
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| FCF margin | -10.5% | -52.9% | -56.0% | 25.2% | -18.2% | -34.5% | -56.7% | -15.8% | -40.5% | -50.0% |
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| SBC / revenue | 20.7% | 21.6% | 20.9% | 20.2% | 22.9% | 25.1% | 29.6% | 23.4% | 21.5% | 27.3% |
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| Current ratio | 3.58x | 4.06x | 4.02x | 3.83x | 4.80x | 5.68x | 6.06x | 3.99x | 4.66x | 5.01x |
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| Revenue YoY growth | 51.7% | 39.5% | 25.0% | 41.0% | 4.5% | 8.8% | 20.2% | 35.3% | 33.3% | 16.2% |
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| Net margin | -39.3% | -39.6% | -47.8% | -48.5% | -158.1% | -59.2% | -65.8% | -81.0% | -82.3% | -73.1% |
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| R&D / revenue | 31.2% | 32.3% | 36.0% | 29.6% | 40.5% | 35.6% | 46.8% | 39.5% | 43.0% | 43.8% |
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| CapEx / revenue | 3.5% | 3.0% | 3.6% | 3.4% | 4.7% | 3.8% | 1.7% | 1.8% | 2.0% | 3.4% |
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| Long-term debt / equity | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Effective tax rate | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open BFLY in the interactive workspace to inspect any figure back to its filing.
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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.