Butterfly Network, Inc.
Butterfly Network, Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 138 | 150 | 144 | 148 | 155 | 89 | 94 | 102 | 113 | 134 | 150 | 167 | |||||
Accounts Receivable Net Current | 25 | 27 | 24 | 25 | 20 | 21 | 21 | 16 | 14 | 13 | 14 | 18 | |||||
Inventory Net | 59 | 61 | 62 | 69 | 69 | 71 | 73 | 74 | 74 | 73 | 94 | 87 | |||||
Advances On Inventory Purchases | 3 | 2 | 3 | 5 | 6 | 6 | 4 | 4 | 4 | 3 | - | - | |||||
Prepaid Expense And Other Assets Current | 14 | 8 | 8 | 8 | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 10 | |||||
Assets Current | 240 | 249 | 241 | 254 | 257 | 193 | 199 | 204 | 213 | 231 | 269 | 292 | |||||
Property Plant And Equipment Net | 16 | 17 | 17 | 17 | 18 | 20 | 21 | 23 | 24 | 25 | 26 | 29 | |||||
Intangible Assets Net Excluding Goodwill | 7 | 8 | 8 | 8 | 9 | 9 | 9 | 10 | 10 | 10 | - | - | |||||
Operating Lease Right Of Use Asset | 12 | 13 | 13 | 13 | 14 | 14 | 15 | 15 | 15 | 16 | 16 | 21 | |||||
Other Assets Noncurrent | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 8 | |||||
Assets | 286 | 297 | 290 | 313 | 318 | 256 | 265 | 273 | 284 | 304 | 334 | 365 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 3 | 5 | 3 | 3 | 2 | 4 | 4 | 5 | 6 | 5 | 8 | 8 | |||||
Contract With Customer Liability Current | 23 | 27 | 16 | 16 | 15 | 16 | 16 | 15 | 14 | 16 | 15 | 14 | |||||
Accrued Liabilities And Other Liabilities | 34 | 32 | 29 | 24 | 23 | 28 | 23 | 21 | 21 | 23 | 22 | 23 | |||||
Liabilities Current | 60 | 65 | 50 | 45 | 42 | 48 | 43 | 41 | 42 | 44 | 45 | 46 | |||||
Contract With Customer Liability Noncurrent | 10 | 9 | 8 | 7 | 8 | 7 | 7 | 7 | 7 | 7 | 5 | 6 | |||||
Warrants And Rights Outstanding | - | 0 | 0 | 0 | 0 | 3 | - | - | - | - | - | - | |||||
Operating Lease Liability Noncurrent | 17 | 18 | 18 | 19 | 20 | 20 | 21 | 22 | 22 | 23 | 23 | 29 | |||||
Other Liabilities Noncurrent | 8 | 8 | 10 | 9 | 9 | 9 | 11 | 9 | 8 | 9 | 1 | 1 | |||||
Liabilities | 95 | 101 | 86 | 80 | 79 | 87 | 83 | 79 | 80 | 84 | 77 | 87 | |||||
Stockholders Equity | |||||||||||||||||
Temporary Equity | |||||||||||||||||
Additional Paid In Capital | 1,083 | 1,075 | 1,068 | 1,063 | 1,056 | 971 | 966 | 961 | 955 | 950 | 943 | 936 | |||||
Retained Earnings Accumulated Deficit | -892 | -879 | -864 | -830 | -816 | -802 | -784 | -767 | -751 | -730 | -686 | -658 | |||||
Stockholders Equity | 191 | 196 | 204 | 233 | 240 | 169 | 182 | 194 | 204 | 220 | 257 | 278 | |||||
Liabilities And Stockholders Equity | 286 | 297 | 290 | 313 | 318 | 256 | 265 | 273 | 284 | 304 | 334 | 365 | |||||
Common Class A | 235 | 0 | 1 | 4 | 221 | 0 | 1 | 2 | 184 | 0 | 1 | 2 | |||||
Common Class B | 26 | 0 | 0 | 0 | 26 | 0 | 0 | 0 | 26 | 0 | 0 | 0 | |||||
Allowance For Doubtful Accounts Receivable Current | 1 | 1 | 2 | 3 | 3 | 3 | - | - | - | 2 | - | - | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.68% | 85.80% | 38.20% | - | - | - | - | - | - | - | - | - |
| 2025 | -6.87% | -10.73% | -19.74% | 8.57% | 32.14% | 51.43% | -1.49% | 32.34% | 54.65% | 4.75% | 43.80% | 1.06% |
| 2024 | 28.34% | 17.92% | 35.96% | -5.05% | 77.23% | 74.26% | 59.61% | 52.22% | 80.79% | -27.07% | -35.36% | -35.08% |
| 2023 | 33.33% | 27.78% | 32.78% | -21.88% | -46.43% | -62.46% | -4.76% | 2.86% | -5.33% | -12.20% | -36.67% | -17.89% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 4.02 | 3.83 | 4.80 | 5.68 | 6.06 | 3.99 | 4.66 | 5.01 | 5.13 | 5.22 | 5.92 | 6.37 | |||||
| Quick Ratio | 2.79 | 2.75 | 3.40 | 3.97 | 4.26 | 2.39 | 2.77 | 3.00 | 3.14 | 3.40 | 3.67 | 4.25 | |||||
| Working Capital | 180.21M | 183.99M | 191.06M | 209.08M | 214.91M | 144.40M | 156.70M | 163.70M | 171.73M | 186.99M | 223.23M | 245.99M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.50 | 0.51 | 0.42 | 0.35 | 0.33 | 0.52 | 0.46 | 0.41 | 0.39 | 0.38 | 0.30 | 0.31 | |||||
| Interest Coverage TTM | -57.54 | -58.00 | -60.72 | -50.57 | -53.71 | -59.01 | -111.89 | -195.65 | -443.95 | - | - | -80,671.50 | |||||
| Debt Ratio | 0.33 | 0.34 | 0.30 | 0.26 | 0.25 | 0.34 | 0.31 | 0.29 | 0.28 | 0.28 | 0.23 | 0.24 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.34 | 0.35 | 0.32 | 0.30 | 0.28 | 0.29 | 0.25 | 0.22 | 0.20 | 0.18 | 0.18 | 0.17 | |||||
| Days Sales Outstanding TTM | 79.96 | 88.88 | 92.93 | 84.74 | 72.03 | 76.09 | 82.05 | 87.02 | 73.42 | 77.83 | 67.94 | 76.64 | |||||
| Receivables Turnover TTM | 4.56 | 4.11 | 3.93 | 4.31 | 5.07 | 4.80 | 4.45 | 4.19 | 4.97 | 4.69 | 5.37 | 4.76 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.30 | -0.31 | -0.32 | -0.25 | -0.28 | -0.34 | -0.46 | -0.51 | -0.58 | -0.65 | -0.60 | -0.74 | |||||
| Free Cash Flow Per Share TTM | -0.07 | -0.06 | -0.11 | -0.13 | -0.15 | -0.21 | -0.27 | -0.31 | -0.39 | -0.51 | -0.58 | -0.73 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 49.20% | 46.85% | 43.25% | 61.97% | 60.65% | 59.51% | 29.60% | 27.73% | 26.50% | 25.58% | 56.97% | 55.89% | |||||
| Operating Profit Margin TTM | -79.50% | -88.53% | -98.38% | -78.98% | -82.05% | -90.68% | -136.23% | -167.63% | -195.63% | -220.96% | -216.29% | -222.35% | |||||
| Net Profit Margin TTM | -73.63% | -78.95% | -90.30% | -71.78% | -75.56% | -88.34% | -129.25% | -153.29% | -179.08% | -202.88% | -180.32% | -207.62% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 20.19% | 18.96% | 16.04% | 23.13% | 25.77% | 24.52% | 11.49% | -2.05% | -7.11% | -10.21% | -6.85% | 6.09% | |||||
| Net Income Growth (1Y) | 17.12% | 6.31% | -18.92% | -42.34% | -46.93% | -45.78% | -20.09% | -27.68% | -22.73% | -20.76% | -17.94% | 38.15% | |||||
| EPS Growth (1Y) | 7.26% | -8.94% | -31.57% | -50.86% | -52.82% | -47.39% | -22.36% | -29.99% | -25.06% | -22.89% | -20.55% | 34.44% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -13.68 | -12.19 | -6.09 | -7.91 | -8.28 | -9.11 | -3.82 | -1.63 | -1.85 | -1.66 | -1.98 | -3.13 | |||||
| P/B TTM | 5.42 | 4.79 | 2.39 | 2.13 | 2.23 | 3.91 | 2.07 | 0.92 | 1.11 | 1.01 | 0.95 | 1.70 | |||||
| P/S TTM | 10.07 | 9.62 | 5.50 | 5.68 | 6.26 | 8.05 | 4.94 | 2.50 | 3.31 | 3.37 | 3.57 | 6.49 | |||||
| Market Cap | 1.04B | 939.07M | 486.53M | 496.79M | 535.63M | 660.45M | 376.61M | 178.01M | 225.58M | 221.82M | 243.95M | 471.26M | |||||
| Enterprise Value | 894.36M | 784.57M | 338.28M | 344.64M | 376.40M | 567.66M | 278.80M | 71.86M | 108.74M | 83.17M | 89.69M | 300.06M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -18.86M | -16.05M | -27.52M | -31.96M | -34.63M | -44.40M | -56.49M | -65.18M | -81.81M | -104.60M | -119.97M | -149.57M | |||||
| Net Debt | -141.97M | -154.50M | -148.25M | -152.15M | -159.23M | -92.79M | -97.81M | -106.15M | -116.85M | -138.65M | -154.26M | -171.20M | |||||
Per-Share and Margin | |||||||||||||||||
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| Adjusted EPS TTM | |||||||||||||||||
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| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
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| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
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| Net Income Growth (3Y) | |||||||||||||||||
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| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
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Valuation Ratios | |||||||||||||||||
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| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Butterfly Network, Inc. (BFLY) — SEC Financial Statements & Analysis
Butterfly Network, Inc. (BFLY) is a x-ray apparatus & tubes & related irradiation apparatus company, incorporated in DE. Butterfly Network, Inc. trades on BFLY: NYSE as: BFLY. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Butterfly Network, Inc. reported a 20.19% year-over-year revenue growth, a Gross Profit Margin of 49.20% (TTM), a Debt-to-Equity ratio of 0.50x, a Price-to-Sales (P/S) ratio of 10.07x (TTM), a Price-to-Book (P/B) ratio of 5.42 (TTM), at a market cap of $1.04B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 20.19%
- Gross Profit Margin TTM
- 49.20%
- Debt To Equity
- 0.50x
- P/S TTM
- 10.07x
- P/B TTM
- 5.42
- Market Cap
- $1.04B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Butterfly Network, Inc. in?
Butterfly Network, Inc. (BFLY) operates in the X-Ray Apparatus & Tubes & Related Irradiation Apparatus industry.
What is BFLY's market cap?
Butterfly Network, Inc. (BFLY) has a market capitalization of $1.04B as of 2026-03-31.
What exchange does BFLY trade on?
Butterfly Network, Inc. (BFLY) trades on the BFLY: NYSE.
Where is Butterfly Network, Inc. incorporated?
Butterfly Network, Inc. is incorporated in DE.