Butterfly Network reported revenue of $32.61M and net income of -$12.91M for the quarter ended Jun 2026, up 39.5% year over year. This income statement covers 26 quarters of results from Mar 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||
| Revenue | 14.62M | 18.99M | 15.57M | 19.21M | 19.62M | 18.98M | 15.48M | 18.49M | 15.42M | 16.52M | 17.66M | 21.49M | 20.56M | 22.35M | 21.23M | 23.38M | 21.49M | 31.51M | 26.53M | 32.61M | ||||||
| Cost of RevenueCost of Rev | 19.74M | 11.45M | 7.23M | 8.64M | 8.63M | 9.43M | 6.39M | 7.57M | 6.04M | 29.05M | 7.38M | 8.90M | 8.33M | 8.62M | 7.84M | 8.49M | 25.25M | 10.29M | 8.24M | 9.32M | ||||||
| Gross Profit | -5.12M | 7.54M | 8.34M | 10.57M | 10.99M | 9.56M | 9.09M | 10.92M | 9.38M | -12.54M | 10.28M | 12.59M | 12.23M | 13.73M | 13.38M | 14.89M | -3.76M | 21.22M | 18.29M | 23.29M | ||||||
| Operating items | ||||||||||||||||||||||||||
| Research & DevelopmentR&D | 21.65M | 20.00M | 23.62M | 23.22M | 22.04M | 19.16M | 16.65M | 15.63M | 12.13M | 11.21M | 10.72M | 9.73M | 9.61M | 11.85M | 11.62M | 11.56M | 10.63M | 12.07M | 11.42M | 11.47M | ||||||
| Selling, General & AdministrativeSG&A | 16.01M | 17.79M | 18.80M | 18.68M | 16.60M | 23.52M | 11.02M | 14.66M | 11.56M | 12.37M | 10.44M | 10.07M | 9.35M | 9.94M | 9.60M | 9.13M | 9.29M | 11.22M | 10.82M | 11.36M | ||||||
| Restructuring CostsRestructuring | 0.25M | 0.69M | 1.86M | 3.35M | 3.62M | 1.91M | 4.75M | 0.25M | 1.41M | 0.58M | 1.25M | |||||||||||||||
| Other Operating ExpensesOther Opex | 14.20M | 15.05M | 15.20M | 16.44M | 16.52M | 12.53M | 12.85M | 9.99M | 13.50M | 10.36M | 10.32M | 9.44M | 9.27M | 9.25M | 10.63M | 10.30M | 11.46M | 14.64M | 9.92M | 14.13M | ||||||
| Operating ExpensesOpex | 51.87M | 52.84M | 57.88M | 59.03M | 57.02M | 58.56M | 44.14M | 42.19M | 41.95M | 34.19M | 32.90M | 29.82M | 29.48M | 31.05M | 31.85M | 30.99M | 31.38M | 37.93M | 32.16M | 36.95M | ||||||
| Operating IncomeOp. Inc | -56.99M | -45.30M | -49.53M | -48.45M | -46.03M | -49.00M | -35.05M | -31.26M | -32.56M | -46.73M | -22.62M | -17.23M | -17.25M | -17.31M | -18.47M | -16.10M | -35.13M | -16.71M | -13.87M | -13.66M | ||||||
| EBIT | -56.99M | -45.30M | -49.53M | -48.45M | -46.03M | -49.00M | -35.05M | -31.26M | -32.56M | -46.73M | -22.62M | -17.23M | -17.25M | -17.31M | -18.47M | -16.10M | -35.13M | -16.71M | -13.87M | -13.66M | ||||||
| Non-operating items | ||||||||||||||||||||||||||
| Non Operating Interest Expenses | 0.01M | 0.25M | 0.69M | 2.90M | 3.51M | 6.43M | 2.17M | 9.24M | 0.32M | 1.36M | 0.61M | 1.68M | 0.43M | 0.70M | 1.99M | 2.76M | 5.33M | 0.39M | 3.59M | |||||||
| Interest & Investment IncomeInt & Inv Inc | 0.89M | 0.83M | 0.01M | 0.26M | 1.30M | 1.81M | 1.78M | 2.03M | 1.90M | 1.74M | 1.51M | 1.29M | 1.22M | 1.00M | 1.65M | 1.50M | 1.44M | 1.31M | 1.19M | 1.08M | ||||||
| Other Non Operating IncomeOther Non Op Inc. | -0.43M | -1.26M | -0.10M | -0.39M | -0.90M | 1.49M | 0.02M | -0.06M | -0.22M | 0.25M | -0.14M | -0.06M | 0.72M | -0.53M | 2.38M | 0.53M | -0.09M | -0.06M | -0.12M | -0.04M | ||||||
| Net income details | ||||||||||||||||||||||||||
| EBT | -13.56M | -15.59M | -44.46M | -35.78M | -54.72M | -33.73M | -33.45M | -28.68M | -27.37M | -44.12M | -21.76M | -15.69M | -16.87M | -18.21M | -13.96M | -13.81M | -33.95M | -15.22M | -12.68M | -12.91M | ||||||
| Tax ProvisionsTaxes | -0.00M | 0.05M | 0.02M | 0.02M | 0.03M | -0.03M | 0.09M | -0.01M | 0.00M | 0.00M | 0.02M | 0.06M | -0.11M | 0.01M | 0.02M | 0.02M | 0.07M | |||||||||
| Profit After TaxPAT | -13.56M | -15.22M | -44.48M | -35.80M | -54.74M | -33.70M | -33.54M | -28.67M | -27.37M | -44.12M | -21.76M | -15.71M | -16.92M | -18.10M | -13.97M | -13.83M | -33.97M | -15.29M | -12.68M | -12.91M | ||||||
| Income from Continuing OperationsIncome (Continuing) | -13.56M | -15.63M | -44.48M | -35.80M | -54.74M | -33.70M | -33.54M | -28.67M | -27.37M | -44.12M | -21.76M | -15.71M | -16.92M | -18.10M | -13.97M | -13.83M | -33.97M | -15.29M | -12.68M | -12.91M | ||||||
| Consolidated Net IncomeConsol Net Inc. | -13.56M | -15.63M | -44.48M | -35.80M | -54.74M | -33.70M | -33.54M | -28.67M | -27.37M | -44.12M | -21.76M | -15.71M | -16.92M | -18.10M | -13.97M | -13.83M | -33.97M | -15.29M | -12.68M | -12.91M | ||||||
| Income towards Parent CompanyParent Net Inc | -13.56M | -15.63M | -44.48M | -35.80M | -54.74M | -33.70M | -33.54M | -28.67M | -27.37M | -44.12M | -21.76M | -15.71M | -16.92M | -18.10M | -13.97M | -13.83M | -33.97M | -15.29M | -12.68M | -12.91M | ||||||
| Net Income towards Common StockholdersNet Income | -13.56M | -15.22M | -44.48M | -35.80M | -54.74M | -33.70M | -33.54M | -28.67M | -27.37M | -44.12M | -21.76M | -15.71M | -16.92M | -18.10M | -13.97M | -13.83M | -33.97M | -15.29M | -12.68M | -12.91M | ||||||
| Additional items | ||||||||||||||||||||||||||
| EPS (Basic) | -0.07 | -0.09 | -0.22 | -0.18 | -0.27 | -0.17 | -0.17 | -0.14 | -0.13 | -0.21 | -0.10 | -0.07 | -0.08 | -0.09 | -0.06 | -0.06 | -0.13 | -0.06 | -0.05 | -0.05 | ||||||
| EPS (Diluted) | -0.07 | -0.09 | -0.22 | -0.18 | -0.27 | -0.17 | -0.17 | -0.14 | -0.13 | -0.21 | -0.10 | -0.07 | -0.08 | -0.09 | -0.06 | -0.06 | -0.13 | -0.06 | -0.05 | -0.05 | ||||||
| Shares Outstanding | 196.10M | 173.81M | 199.00M | 199.40M | 200.17M | 199.85M | 202.57M | 204.90M | 206.74M | 205.39M | 208.87M | 211.66M | 212.77M | 211.68M | 234.92M | 248.39M | 252.09M | 247.12M | 256.52M | 262.10M | ||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 196.10M | 173.81M | 199.00M | 199.40M | 200.17M | 199.85M | 202.57M | 204.90M | 206.74M | 205.39M | 208.87M | 211.66M | 212.77M | 211.68M | 234.92M | 248.39M | 252.09M | 247.12M | 256.52M | 262.10M | ||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 170.57M | 171.61M | 172.52M | 172.82M | 174.07M | 174.46M | 177.37M | 179.72M | 180.63M | 181.22M | 184.21M | 186.04M | 186.56M | 188.63M | 220.82M | 224.61M | 226.11M | 227.32M | 234.78M | 238.00M | ||||||
| EBITDA | -56.99M | -45.30M | -49.53M | -48.45M | -46.03M | -49.00M | -35.05M | -31.26M | -32.56M | -46.73M | -22.62M | -17.23M | -17.25M | -17.31M | -18.47M | -16.10M | -35.13M | -16.71M | -13.87M | -13.66M | ||||||
| Interest ExpensesInt Expense | 0.01M | 0.25M | 0.69M | 2.90M | 3.51M | 6.43M | 2.17M | 9.24M | 0.32M | 1.36M | 0.61M | 1.68M | 0.43M | 0.70M | 1.99M | 2.76M | 5.33M | 0.39M | 3.59M | |||||||
| Tax Rate | 0.02% | -0.31% | -0.04% | -0.06% | -0.05% | 0.08% | -0.26% | 0.02% | -0.01% | -0.01% | -0.11% | -0.34% | 0.60% | -0.05% | -0.14% | -0.05% | -0.44% |