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Butterfly Network BFLY Deferred Revenue

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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:ContractWithCustomerLiabilityCurrent.

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 itemJune 30,2026December 31,2025
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable$3,518$5,442
Deferred revenue, current15,47226,909
Accrued purchase commitments, current131131
Warrant liabilities, current413
Accrued expenses and other current liabilities39,48232,222
Total current liabilities58,60365,117

Item 1. Financial Statements

FAQ

What is Butterfly Network's deferred revenue?
Butterfly Network (BFLY) reported deferred revenue of $15.47M in Q2 2026.
How has Butterfly Network's deferred revenue changed year-over-year?
Butterfly Network's deferred revenue decreased by 1.1% year-over-year, from $15.64M to $15.47M.
What is the long-term trend for Butterfly Network's deferred revenue?
Over 5 years (2020 to 2025), Butterfly Network's deferred revenue has grown at a 26.1% compound annual growth rate (CAGR), from $8.44M to $26.91M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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