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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%
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:PaymentsToAcquirePropertyPlantAndEquipment.

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 itemSix months ended June 30, 2026Six months ended June 30, 2025
Accrued expenses and other liabilities6,824(3,496)
Net cash used in operating activities(30,163)(18,844)
Cash flows from investing activities:
Purchases of property, equipment, and intangible assets, including capitalized software(1,924)(1,249)
Net cash used in investing activities(1,924)(1,249)
Cash flows from financing activities:
Proceeds from exercise of stock options5,031274
Proceeds from employee stock purchase plan1,233949

Item 1. Financial Statements

FAQ

What is Butterfly Network's capex?
Butterfly Network (BFLY) reported capex of $974K in Q2 2026.
How has Butterfly Network's capex changed year-over-year?
Butterfly Network's capex increased by 8.7% year-over-year, from $896K to $974K.
What is the long-term trend for Butterfly Network's capex?
Over 4 years (2021 to 2025), Butterfly Network's capex has grown at a -19.3% compound annual growth rate (CAGR), from $7.88M to $3.35M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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