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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:InventoryNet.

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
Current assets:
Cash and cash equivalents$124,659$150,489
Accounts receivable, net of allowance for credit losses of $1,785 and $1,389 at June 30, 2026 and December 31, 2025, respectively34,55426,744
Inventories58,55961,389
Current portion of vendor advances2,1572,063
Prepaid expenses and other current assets18,0188,418
Total current assets237,947249,103
Property and equipment, net15,85016,587

Item 1. Financial Statements

FAQ

What is Butterfly Network's inventories?
Butterfly Network (BFLY) reported inventories of $58.56M in Q2 2026.
How has Butterfly Network's inventories changed year-over-year?
Butterfly Network's inventories decreased by 15.0% year-over-year, from $68.91M to $58.56M.
What is the long-term trend for Butterfly Network's inventories?
Over 4 years (2021 to 2025), Butterfly Network's inventories has grown at a 16.3% compound annual growth rate (CAGR), from $143.14M to $261.84M.
What does inventories mean?
Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

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