BFLY financial statements
The full income statement, balance sheet, and cash-flow statement for Butterfly Network Inc. (BFLY), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 97.6M+19.0% | 82.1M+24.5% | 65.9M-10.2% | 73.4M+17.3% | 62.6M+35.3% | |
| 45.7M-6.3% | 48.8M+189.7% | 16.9M-57.3% | 39.5M+131.4% | 17.1M+127.9% | ||
| Cost of revenue | 51.9M+56.1% | 33.2M-32.3% | 49.0M+44.5% | 33.9M-25.4% | 45.5M-57.7% | |
| 132M+7.2% | 123M-24.1% | 162M-30.1% | 232M+10.8% | 210M+109.0% | ||
| Research & development | 36.3M-4.1% | 37.8M-32.0% | 55.6M-36.8% | 88.0M+18.2% | 74.5M+49.7% | |
| Selling, general & administrative | 39.2M-1.4% | 39.8M-19.8% | 49.6M-36.1% | 77.6M-9.5% | 85.7M+251.4% | |
| General & administrative | 39.2M-1.4% | 39.8M-19.8% | 49.6M-36.1% | 77.6M-9.5% | 85.7M+251.4% | |
| Selling & marketing | 45.9M+10.4% | 41.6M+6.4% | 39.1M-34.3% | 59.5M+19.9% | 49.6M+88.9% | |
| Amortization of intangibles | — | — | — | 3.30M+560.0% | 500K | |
| Provision for credit losses | -993K+12.0% | -1.13M+22.0% | -1.45M-359.0% | -315K-683.3% | 54.0K-90.6% | |
| Operating income | -86.4M-16.1% | -74.4M+48.9% | -146M+24.6% | -193M-0.2% | -193M-19.2% | |
| Interest expense | 1.49M+18.2% | 1.26M | 0.00-100.0% | 2.00K-99.7% | 651K-42.9% | |
| Interest & investment income | 5.91M+17.7% | 5.02M-32.6% | 7.45M+120.2% | 3.38M+31.5% | 2.57M+802.8% | |
| Other non-operating income | 2.77M+21392.3% | -13.0K-550.0% | -2.00K-102.0% | 98.0K+103.8% | -2.58M-1015.6% | |
| Gain (loss) on equity securities | — | — | — | 300K | — | |
| Pre-tax income | -77.0M-6.1% | -72.5M+45.7% | -134M+20.8% | -169M-422.4% | -32.3M+80.2% | |
| Income tax | 110K+443.8% | -32.0K-139.0% | 82.0K+95.2% | 42.0K-65.3% | 121K+210.3% | |
| -77.1M-6.3% | -72.5M+45.8% | -134M+20.8% | -169M-420.6% | -32.4M+80.1% | ||
| Net income to common | -77.1M-6.3% | -72.5M+45.8% | -134M+20.8% | -169M-420.6% | -32.4M+80.1% | |
| -$0.31+8.8% | -$0.34+47.7% | -$0.65+22.6% | -$0.84-342.1% | -$0.19+99.3% | ||
| EPS (basic) | -$0.31+8.8% | -$0.34+47.7% | -$0.65+22.6% | -$0.84-342.1% | -$0.19+99.3% | |
| Weighted-avg shares (basic) | 247M+16.7% | 212M+3.1% | 205M+2.8% | 200M+15.0% | 174M+2769.8% | |
| Weighted-avg shares (diluted) | 247M+16.7% | 212M+3.1% | 205M+2.8% | 200M+15.0% | 174M+2769.8% | |
| Dividends per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 249M+29.3% | 193M-16.7% | 231M-35.2% | 357M-30.2% | 512M+425.9% | ||
| Cash & equivalents | 150M+69.5% | 88.8M-34.0% | 134M-17.3% | 163M-61.6% | 423M+602.3% | |
| Short-term investments | — | — | — | 75.3M | — | |
| Accounts receivable | 26.7M+28.6% | 20.8M+55.0% | 13.4M-8.6% | 14.7M+23.0% | 11.9M+107.5% | |
| Inventory | 61.4M-13.3% | 70.8M-3.1% | 73.0M+21.8% | 60.0M+65.5% | 36.2M+40.4% | |
| Prepaid expenses | 8.42M+25.5% | 6.71M-11.4% | 7.57M-20.2% | 9.49M-29.1% | 13.4M+346.4% | |
| 297M+15.8% | 256M-15.8% | 304M-27.1% | 418M-27.0% | 572M+288.6% | ||
| Property, plant & equipment | 16.6M-15.0% | 19.5M-22.9% | 25.3M-19.2% | 31.3M+113.1% | 14.7M+114.0% | |
| Operating lease right-of-use | 12.7M-11.1% | 14.2M-9.2% | 15.7M-27.3% | 21.6M-10.4% | 24.1M | |
| Intangible assets | 7.52M-15.7% | 8.92M-13.6% | 10.3M | — | — | |
| Other non-current assets | 5.67M-1.6% | 5.76M-10.3% | 6.42M-14.8% | 7.54M-11.3% | 8.49M+51.7% | |
| 65.1M+35.1% | 48.2M+8.9% | 44.3M-13.8% | 51.3M+3.0% | 49.8M-28.5% | ||
| Accounts payable | 5.44M+28.0% | 4.25M-16.5% | 5.09M-29.4% | 7.21M+24.4% | 5.80M-64.6% | |
| Deferred revenue | 26.9M+66.7% | 16.1M+3.3% | 15.6M-1.5% | 15.9M+21.3% | 13.1M+54.8% | |
| Current lease liability | 2.68M+9.8% | 2.44M+11.2% | 2.19M+13.8% | 1.93M+38.5% | 1.39M | |
| 101M+15.2% | 87.3M+3.6% | 84.2M-8.7% | 92.2M-25.8% | 124M-16.1% | ||
| Deferred revenue (non-current) | 9.39M+28.4% | 7.32M-1.1% | 7.39M+49.2% | 4.96M-9.5% | 5.48M+96.3% | |
| Non-current lease liability | 17.7M-13.1% | 20.4M-10.7% | 22.8M-23.8% | 30.0M+8.2% | 27.7M | |
| Operating lease liability (total) | 20.4M-10.7% | 22.8M-8.8% | 25.0M-21.5% | 31.9M+9.7% | 29.1M | |
| Other non-current liabilities | 8.32M-3.6% | 8.64M-2.9% | 8.89M+1412.8% | 588K-30.8% | 850K-60.4% | |
| 196M+16.1% | 169M-23.3% | 220M-32.4% | 325M-27.3% | 448M+223.7% | ||
| Additional paid-in capital | 1.08B+10.7% | 971M+2.2% | 950M+3.1% | 921M+5.3% | 875M+2561.3% | |
| Retained earnings | -879M-9.6% | -802M-9.9% | -730M-22.4% | -596M-39.5% | -427M-8.2% | |
| Total liabilities & equity | 297M+15.8% | 256M-15.8% | 304M-27.1% | 418M-27.0% | 572M+288.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| -12.7M+69.5% | -41.7M+57.8% | -98.8M+41.6% | -169M+10.6% | -189M-131.6% | ||
| Depreciation & amortization | 6.70M-24.7% | 8.90M+2.3% | 8.70M+47.5% | 5.90M+181.0% | 2.10M+59.6% | |
| Intangible amortization | — | — | — | 3.30M+560.0% | 500K | |
| Share-based compensation | 23.4M+11.4% | 21.0M-23.5% | 27.5M-35.4% | 42.5M-11.0% | 47.8M+334.4% | |
| Deferred income taxes | 0.00+100.0% | -316K-95.1% | -162K | — | — | |
| Change in receivables | 6.75M-20.6% | 8.50M+5148.8% | 162K-94.7% | 3.06M-50.0% | 6.13M+40.0% | |
| Change in inventory | -1.43M+35.8% | -2.22M-106.5% | 34.1M+39.3% | 24.5M+117.2% | 11.3M-52.0% | |
| Other operating activities | 799K-27.5% | 1.10M+74.1% | 633K+2.9% | 615K-67.6% | 1.90M-3.4% | |
| -3.35M-26.0% | -2.66M-103.8% | 70.4M+175.1% | -93.8M-850.1% | -9.87M-315.4% | ||
| Capital expenditure | 3.35M+24.3% | 2.69M-53.4% | 5.78M-68.4% | 18.3M+132.3% | 7.88M+231.5% | |
| Free cash flow | -16.0M+63.9% | -44.4M+57.6% | -105M+44.2% | -187M+4.9% | -197M-134.4% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 0.00-100.0% | 36.0K+260.0% | 10.0K-82.5% | 57.0K | — | |
| 77.8M+5301.5% | -1.50M-755.7% | 228K-92.1% | 2.88M-99.5% | 566M+942.2% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 4.37M | |
| Common stock issued | 81.0M | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | — | — | — | -101K | — | |
| Net change in cash | 61.7M+234.6% | -45.9M-62.8% | -28.2M+89.2% | -260M-170.9% | 367M+1330.5% | |
| Interest paid | 810K+326.3% | 190K | 0.00 | — | — | |
| Income taxes paid | 101K+2.0% | 99.0K+0.0% | 99.0K | — | — | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 961M+44.3% | 666M+198.2% | 223M-54.7% | 492M-62.9% | 1.33B+990.5% | |
| P/S | 9.8×+21.3% | 8.1×+148.5% | 3.3×-51.3% | 6.7×-68.4% | 21.2×+706.2% | |
| P/B | 4.9×+24.3% | 3.9×+354.7% | 0.9×-39.5% | 1.4×-51.6% | 3.0× | |
| Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K/A |
About this data
Source: BFLY’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all BFLY filings on SEC EDGAR → Not investment advice.
