Butterfly Network, Inc.
Butterfly Network, Inc. (BFLY-WT) Financial Performance & Income Statement Overview
Explore the financials of Butterfly Network, Inc. (BFLY-WT), including yearly and quarterly data on income, cash flow, and balance sheets.
Butterfly Network, Inc. (BFLY-WT) Income Statement & Financial Overview
Analyze Butterfly Network, Inc.’s BFLY-WT earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $21.23M | $22.35M | $20.56M | $21.49M |
| Cost of Revenue | $7.84M | $8.62M | $8.33M | $8.90M |
| Gross Profit | $13.38M | $13.73M | $12.23M | $12.59M |
| Gross Profit Ratio | $0.63 | $0.61 | $0.59 | $0.59 |
| R&D Expenses | $9.92M | $8.83M | $8.84M | $9.41M |
| SG&A Expenses | $21.22M | $22.22M | $18.96M | $20.41M |
| Operating Expenses | $31.14M | $31.05M | $27.80M | $29.21M |
| Total Costs & Expenses | $38.99M | $39.24M | $36.13M | $38.11M |
| Interest Income | $1.65M | $997000.00 | $1.22M | $1.29M |
| Interest Expense | -$347000.00 | $333000.00 | $319000.00 | $309000.00 |
| Depreciation & Amortization | -$4.16M | $2.51M | $2.62M | $2.63M |
| EBITDA | -$18.47M | -$15.37M | -$13.93M | -$12.75M |
| EBITDA Ratio | -$0.87 | -$0.69 | -$0.68 | -$0.59 |
| Operating Income | -$18.47M | -$17.31M | -$17.25M | -$16.63M |
| Operating Income Ratio | -$0.87 | -$0.77 | -$0.84 | -$0.77 |
| Other Income/Expenses (Net) | $4.51M | -$899000.00 | $380000.00 | $1.54M |
| Income Before Tax | -$13.96M | -$18.21M | -$16.87M | -$15.69M |
| Income Before Tax Ratio | -$0.66 | -$0.81 | -$0.82 | -$0.73 |
| Income Tax Expense | $7000.00 | -$110000.00 | $58000.00 | $17000.00 |
| Net Income | -$13.97M | -$18.10M | -$16.92M | -$15.71M |
| Net Income Ratio | -$0.66 | -$0.81 | -$0.82 | -$0.73 |
| EPS | -$0.06 | -$0.08 | -$0.08 | -$0.07 |
| Diluted EPS | -$0.06 | -$0.08 | -$0.08 | -$0.07 |
| Weighted Avg Shares Outstanding | $234.92M | $211.68M | $212.77M | $211.66M |
| Weighted Avg Shares Outstanding (Diluted) | $234.92M | $211.68M | $212.77M | $211.66M |
Over the past four quarters, Butterfly Network, Inc. demonstrated steady revenue growth, increasing from $21.49M in Q2 2024 to $21.23M in Q1 2025. Operating income reached -$18.47M in Q1 2025, maintaining a consistent -87% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at -$18.47M, reflecting operational efficiency. Net income rose to -$13.97M, with EPS at -$0.06. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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