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Butterfly Network BFLY Total Operating Expenses

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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:OperatingExpenses.

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
Sales and marketing11,46711,55922,88423,179
General and administrative11,3559,13022,17318,729
Other3,5881,9873,9732,691
Total operating expenses36,95230,99169,11062,838
Loss from operations(13,664)(16,100)(27,536)(34,566)
Interest income1,0791,5032,2653,155
Interest expense(282)(368)(561)(715)
Change in fair value of warrant liabilities6204131,446

Item 1. Financial Statements

FAQ

What is Butterfly Network's total operating expenses?
Butterfly Network (BFLY) reported total operating expenses of $36.95M in Q2 2026.
How has Butterfly Network's total operating expenses changed year-over-year?
Butterfly Network's total operating expenses increased by 19.2% year-over-year, from $30.99M to $36.95M.
What is the long-term trend for Butterfly Network's total operating expenses?
Over 4 years (2021 to 2025), Butterfly Network's total operating expenses has grown at a -10.9% compound annual growth rate (CAGR), from $209.78M to $132.15M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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