Butterfly Network (BFLY)
Builds chip-based handheld ultrasound devices with connected workflow software.
$9.90
After-hours close−0.04 (−0.40%)
At close$9.94(+22.11%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15 | 17 | 18 | 21 | 21 | 22 | 21 | 23 | 21 | 32 | 27 | 33 |
| Cost of revenue | 6 | 29 | 7 | 9 | 8 | 9 | 8 | 8 | 25 | 10 | 8 | 9 |
| Gross profit | 9 | −13 | 10 | 13 | 12 | 14 | 13 | 15 | −4 | 21 | 18 | 23 |
| 42 | 34 | 33 | 30 | 29 | 31 | 32 | 31 | 29 | 41 | 32 | 37 | |
| Research & development | 12 | 11 | 11 | 9 | 9 | 9 | 10 | 8 | 9 | 9 | 10 | 11 |
| 30 | 23 | 22 | 20 | 21 | 22 | 22 | 23 | 20 | 23 | 23 | 26 | |
| Selling & marketing | 9 | 10 | 10 | 10 | 10 | 12 | 12 | 12 | 11 | 12 | 11 | 11 |
| General & administrative | 21 | 12 | 12 | 11 | 11 | 10 | 10 | 11 | 9 | 11 | 11 | 15 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 0 | 0 |
| Operating income | −33 | −47 | −23 | −17 | −17 | −17 | −18 | −16 | −32 | −19 | −14 | −14 |
| 5 | 3 | 1 | 2 | 0 | −1 | 5 | 2 | −2 | 4 | 1 | 1 | |
| Interest income | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | −5 | −3 | −1 | −2 | −1 | 1 | −5 | −3 | 1 | −5 | −1 | −1 |
| Income before tax | −27 | −44 | −22 | −16 | −17 | −18 | −14 | −14 | −34 | −15 | −13 | −13 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −27 | −44 | −22 | −16 | −17 | −18 | −14 | −14 | −34 | −15 | −13 | −13 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −27 | −44 | −22 | −16 | −17 | −18 | −14 | −14 | −34 | −15 | −13 | −13 |
| EPS, basic | −$0.13 | −$0.21 | −$0.10 | −$0.07 | −$0.08 | −$0.08 | −$0.06 | −$0.06 | −$0.13 | −$0.06 | −$0.05 | −$0.05 |
| EPS, diluted | −$0.13 | −$0.21 | −$0.10 | −$0.07 | −$0.08 | −$0.08 | −$0.06 | −$0.06 | −$0.13 | −$0.06 | −$0.05 | −$0.05 |
| Weighted average shares, basic | 207 | 207 | 209 | 212 | 213 | 212 | 235 | 242 | 252 | 253 | 257 | 262 |
| Weighted average shares, diluted | 207 | 207 | 209 | 212 | 213 | 212 | 235 | 242 | 252 | 253 | 257 | 262 |
| EBITDA | −23 | −42 | −19 | −13 | −14 | −15 | −11 | −11 | −32 | −13 | −11 | −11 |
| Depreciation & amortization | 4 | 2 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBIT | −27 | −44 | −21 | −15 | −17 | −18 | −14 | −13 | −34 | −15 | −12 | −13 |
