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Butterfly Network BFLY Business Segments — Non-payroll operating expenses

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Other financials

Income statement

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Revenue$26.5M+25.0%
Gross profit$18.3M+36.7%
Operating income-$13.9M+24.9%
Net income-$12.7M+9.2%
EPS (diluted)-$0.05+16.7%

Balance sheet

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Cash & equivalents$142.0M-10.8%
Total debt$19.8M-11.2%
Total equity$191.2M-20.2%
Total assets$285.9M-10.2%

Cash flow

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Operating cash flow-$13.9M-19.0%
CapEx$950.0K+169%
Free cash flow-$14.8M-23.4%

Valuation

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Market cap$2.03B+85.7%

Profitability

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Gross margin49.2%-11.4pp
Operating margin-79.5%-2.4pp
Net margin-73.6%-1.8pp
FCF margin-31.1%-11.4pp

Returns & leverage

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Return on equity-35.2%+9.1pp
Debt / equity0.1×0.0×
Current ratio-2.0×

Where this comes from

Reported directly by Butterfly Network in its filing.

Tagged under the XBRL concept us-gaap:OperatingCostsAndExpenses.

The official record: Butterfly Network’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Butterfly Network's business segments — non-payroll operating expenses?
Butterfly Network (BFLY) reported business segments — non-payroll operating expenses of $11.06M in Q1 2026.
How has Butterfly Network's business segments — non-payroll operating expenses changed year-over-year?
Butterfly Network's business segments — non-payroll operating expenses increased by 6.8% year-over-year, from $10.35M to $11.06M.
What is the long-term trend for Butterfly Network's business segments — non-payroll operating expenses?
Over 3 years (2022 to 2025), Butterfly Network's business segments — non-payroll operating expenses has grown at a -15.6% compound annual growth rate (CAGR), from $71.24M to $42.89M.
What does business segments — non-payroll operating expenses mean?
This metric encompasses all operating costs for the reportable segment that are not related to payroll, such as marketing, research and development materials, and administrative overhead. It provides insight into the discretionary spending and operational leverage of the segment outside of personnel costs. Tracking this helps evaluate the company's ability to manage overhead while scaling operations.