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Segments

By segment

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Reportable segment-$12.91M+6.7%

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%
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:NetIncomeLoss.

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
Interest expense(282)(368)(561)(715)
Change in fair value of warrant liabilities6204131,446
Other income (expense), net(43)531(168)2,906
Loss before provision for income taxes(12,910)(13,814)(25,587)(27,774)
Provision for income taxes2027
Net loss and comprehensive loss$(12,910)$(13,834)$(25,587)$(27,801)
Net loss per common share attributable to Class A and B common stockholders, basic and diluted$(0.05)$(0.06)$(0.10)$(0.12)
Weighted-average shares used to compute net loss per share attributable to Class A and B common stockholders, basic and diluted262,100,993248,393,811259,324,052241,695,884

Item 1. Financial Statements

FAQ

What is Butterfly Network's net income?
Butterfly Network (BFLY) reported net income of -$12.91M in Q2 2026.
How has Butterfly Network's net income changed year-over-year?
Butterfly Network's net income increased by 6.7% year-over-year, from -$13.83M to -$12.91M.
What is the long-term trend for Butterfly Network's net income?
Over 4 years (2021 to 2025), Butterfly Network's net income has grown at a 24.2% compound annual growth rate (CAGR), from -$32.41M to -$77.06M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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