Butterfly Network, Inc.

For the period ended Mar 31, 2026. Filed Apr 30, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed Apr 30, 2026

BFLY$6.51-2.4%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(In thousands, except share and per share amounts)

	Three months ended March 31,
	2026	2025
Revenue:
Product	$14,653	$14,164
Software and other services	11,877	7,061
Total revenue	26,530	21,225
Cost of revenue:
Product	6,355	5,824
Software and other services	1,890	2,021
Total cost of revenue	8,245	7,845
Gross profit	18,285	13,380
Operating expenses:
Research and development	9,538	9,924
Sales and marketing	11,417	11,620
General and administrative	10,818	9,600
Other	385	704
Total operating expenses	32,158	31,848
Loss from operations	(13,873)	(18,468)
Interest income	1,186	1,651
Interest expense	(279)	(347)
Change in fair value of warrant liabilities	413	826
Other income (expense), net	(124)	2,378
Loss before provision for income taxes	(12,677)	(13,960)
Provision for income taxes	—	7
Net loss and comprehensive loss	$(12,677)	$(13,967)
Net loss per common share attributable to Class A and B common stockholders, basic and diluted	$(0.05)	$(0.06)
Weighted-average shares used to compute net loss per share attributable to Class A and B common stockholders, basic and diluted	256,516,256	234,923,536

ContentsView on SEC.gov

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