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Butterfly Network, Inc. income statement

In fiscal 2025, Butterfly Network, Inc. reported revenue of $97.6m, up 19.0% on the year before, operating income of −$86.4m (a -88.5% margin) and net income of −$77.1m, or −$0.31 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue28466373668298123
Cost of revenue48107463449335237
Gross profit−21−61173917494687
Research and development4950748856383640
Selling and marketing1426505939424647
General and administrative1824867850403945
Operating income−102−162−193−193−146−74−86−58
Interest expense—1100111
Income before tax−100−163−32−169−134−73−77−54
Income tax—0000−000
Net income−100−163−32−169−134−72−77−54
Diluted EPS−$17.08−$26.87−$0.19−$0.84−$0.65−$0.34−$0.31−$0.21
Diluted shares (average)6m6m174m200m205m212m247m260m
EBITDA−102−160−191−187−137−66−80—

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Butterfly Network, Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Butterfly Network, Inc.