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Butterfly Network BFLY Product — Total Revenue

Other product segments

Software and other services
$16.89M+150%

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Other financials

Income statement

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Revenue$32.6M+39.5%
Gross profit$23.3M+56.4%
Operating income-$13.7M+15.1%
Net income-$12.9M+6.7%
EPS (diluted)-$0.05+16.7%

Balance sheet

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Cash & equivalents$128.7M-15.4%
Total debt$19.1M-11.8%
Total equity$189.4M-18.6%
Total assets$283.0M-9.7%

Cash flow

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Operating cash flow-$16.3M-127%
CapEx$974.0K+8.7%
Free cash flow-$17.2M-114%

Valuation

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Market cap$2.21B+536%
Enterprise value$2.1B+868%
P/S19.7×+15.7×

Profitability

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Gross margin52.6%-9.3pp
Operating margin-70.8%-6.7pp
Net margin-66.7%-4.4pp
FCF margin-31.1%-11.4pp

Returns & leverage

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Return on equity-35.5%+9.2pp
Debt / equity0.1×0.0×
Current ratio4.1×-1.6×

Where this comes from

Reported directly by Butterfly Network in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Butterfly Network’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 7:31 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001804176-26-000027
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Revenue:
Product$15,720$16,621$30,373$30,785
Software and other services16,8926,76228,76913,823
Total revenue32,61223,38359,14244,608
Cost of revenue:
Product7,3706,67013,72512,494
Software and other services1,9541,8223,8433,842
Total cost of revenue9,3248,49217,56816,336

Item 1. Financial Statements

FAQ

What is Butterfly Network's product — total revenue?
Butterfly Network (BFLY) reported product — total revenue of $15.72M in Q2 2026.
How has Butterfly Network's product — total revenue changed year-over-year?
Butterfly Network's product — total revenue decreased by 5.4% year-over-year, from $16.62M to $15.72M.
What is the long-term trend for Butterfly Network's product — total revenue?
Over 4 years (2021 to 2025), Butterfly Network's product — total revenue has grown at a 7.3% compound annual growth rate (CAGR), from $47.87M to $63.44M.
What does product — total revenue mean?
This metric represents the total gross revenue generated from the sale of physical medical imaging devices and associated hardware components. It serves as a primary indicator of market adoption and the scale of the company's installed base of ultrasound equipment. Growth in this figure reflects successful commercial penetration and the effectiveness of the hardware-led sales strategy.

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