Financials in USD. Standardized financial statements.
A compact view of how Butterfly Network, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $97.61M | $82.06M | $65.90M | $73.39M | $62.56M | $46.25M | $27.58M | $1.53M |
| Revenue Growth? | +19.0% | +24.5% | -10.2% | +17.3% | +35.3% | +67.7% | +1707.5% | 0.0% |
| Cost of Revenue? | $51.88M | $33.23M | $49.04M | $33.93M | $45.51M | $107.47M | $48.48M | $2.25M |
| Gross Profit? | $45.73M | $48.83M | $16.86M | $39.46M | $17.05M | -$61.22M | -$20.89M | -$729,000 |
| Gross Margin? | +46.9% | +59.5% | +25.6% | +53.8% | +27.3% | -132.4% | -75.8% | -47.8% |
| Operating Expenses? | $132.15M | $123.24M | $162.47M | $232.48M | $209.78M | $100.40M | $81.40M | $52.36M |
| Operating Income? | -$86.42M | -$74.41M | -$145.61M | -$193.02M | -$192.73M | -$161.62M | -$102.30M | -$53.09M |
| EBITDA? | -$67.38M | -$60.92M | -$123.04M | -$162.74M | -$29.55M | -$160.25M | -$98.94M | -$52.70M |
| Income Before Tax | -$76.95M | -$72.52M | -$133.62M | -$168.68M | -$32.29M | -$162.71M | -$99.70M | -$50.77M |
| Income Tax Expense | $110,000 | -$32,000 | $82,000 | $42,000 | $121,000 | $39,000 | $0 | $0 |
| Net Income? | -$77.06M | -$72.49M | -$133.70M | -$168.72M | -$32.41M | -$162.75M | -$99.60M | -$50.77M |
| EPS? | $-0.31 | $-0.34 | $-0.65 | $-0.84 | $-0.19 | $-26.87 | $-17.06 | $-9.63 |
| Diluted EPS? | $-0.31 | $-0.34 | $-0.65 | $-0.84 | $-0.19 | $-26.87 | $-16.45 | $-9.63 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality