Butterfly Network Inc Class A (BFLY) financials
Butterfly Network revenue and earnings by year
Butterfly Network's revenue was $97.6 million in the fiscal year to December 31, 2025, up 19.0% from the year before. Net income was -$77.1 million, -79.0% of revenue. Since the fiscal year to December 31, 2018, revenue has grown 81.1% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 8 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 98 | 82 | 66 | 73 | 63 | 46 | 28 | 2 |
| Revenue growth | 19.0% | 24.5% | -10.2% | 17.3% | 35.3% | 67.7% | 1707.5% | — |
| Gross profit | 46 | 49 | 17 | 39 | 17 | -61 | -21 | -1 |
| Gross margin | 46.9% | 59.5% | 25.6% | 53.8% | 27.3% | -132.4% | -75.8% | -47.8% |
| Operating income | -86 | -74 | -146 | -193 | -193 | -162 | -102 | -53 |
| Operating margin | -88.5% | -90.7% | -221.0% | -263.0% | -308.0% | -349.4% | -370.9% | -3478.8% |
| Net income | -77 | -72 | -134 | -169 | -32 | -163 | -100 | -51 |
| Net margin | -79.0% | -88.3% | -202.9% | -229.9% | -51.8% | -351.9% | -361.4% | -3326.7% |
| Diluted EPS | -$0.31 | -$0.34 | -$0.65 | -$0.84 | -$0.19 | -$26.79 | — | — |
| Free cash flow | -16 | -44 | -105 | -187 | -197 | -84 | -125 | -71 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open BFLY in Markets.
How Butterfly Network makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Software & Other Services | $17.0M | 52.1% |
| Product | $15.6M | 47.9% |
See also: BFLY returns
No forecast, no recommendation. This page describes Butterfly Network Inc Class A from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.