Butterfly Network Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2018 - 2019
Revenue	82.06	65.9	73.39	62.57	46.25	Upgrade
Revenue Growth (YoY)	24.52%	-10.21%	17.30%	35.27%	67.68%	Upgrade
Cost of Revenue	33.23	49.04	33.93	31.55	47.36	Upgrade
Gross Profit	48.83	16.86	39.46	31.02	-1.11	Upgrade
Selling, General & Admin	81.38	88.69	137.09	135.32	50.66	Upgrade
Research & Development	37.8	55.62	88.04	74.46	49.74	Upgrade
Operating Expenses	119.18	144.3	225.13	209.78	100.4	Upgrade
Operating Income	-70.35	-127.45	-185.67	-178.76	-101.51	Upgrade
Interest Expense	-1.26	-	-0	-0.65	-1.14	Upgrade
Interest & Investment Income	5.02	7.45	3.38	2.57	0.29	Upgrade
Other Non Operating Income (Expenses)	-1.87	4.54	20.96	158.52	-0.23	Upgrade
EBT Excluding Unusual Items	-68.46	-115.45	-161.34	-18.32	-102.59	Upgrade
Merger & Restructuring Charges	-1.34	-8.7	-2.02	-	-	Upgrade
Legal Settlements	-2.72	-9.46	-5.33	-	-	Upgrade
Other Unusual Items	-	-	-	-13.97	-60.11	Upgrade
Pretax Income	-72.52	-133.62	-168.68	-32.29	-162.71	Upgrade
Income Tax Expense	-0.03	0.08	0.04	0.12	0.04	Upgrade
Net Income	-72.49	-133.7	-168.72	-32.41	-162.75	Upgrade
Net Income to Common	-72.49	-133.7	-168.72	-32.41	-162.75	Upgrade
Shares Outstanding (Basic)	212	205	205	174	6	Upgrade
Shares Outstanding (Diluted)	212	205	205	174	6	Upgrade
Shares Change (YoY)	3.07%	-	18.17%	2769.78%	3.74%	Upgrade
EPS (Basic)	-0.34	-0.65	-0.82	-0.19	-26.87	Upgrade
EPS (Diluted)	-0.34	-0.65	-0.82	-0.19	-26.87	Upgrade
Free Cash Flow	-44.4	-104.6	-187.42	-197.06	-84.08	Upgrade
Free Cash Flow Per Share	-0.21	-0.51	-0.91	-1.13	-13.88	Upgrade
Gross Margin	59.51%	25.58%	53.77%	49.58%	-2.40%	Upgrade
Operating Margin	-85.73%	-193.39%	-253.00%	-285.72%	-219.46%	Upgrade
Profit Margin	-88.34%	-202.88%	-229.90%	-51.80%	-351.87%	Upgrade
Free Cash Flow Margin	-54.11%	-158.73%	-255.37%	-314.98%	-181.78%	Upgrade
EBITDA	-66.1	-124.17	-183.04	-177.17	-100.19	Upgrade
EBITDA Margin	-80.56%	-188.43%	-249.41%	-283.18%	-216.62%	Upgrade
D&A For EBITDA	4.24	3.27	2.64	1.59	1.32	Upgrade
EBIT	-70.35	-127.45	-185.67	-178.76	-101.51	Upgrade
EBIT Margin	-85.73%	-193.39%	-253.00%	-285.72%	-219.46%	Upgrade
Revenue as Reported	82.06	65.9	73.39	62.57	46.25	Upgrade
Advertising Expenses	4.3	4.3	5.8	8.3	4.7	Upgrade

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q