Butterfly Network, Inc.

For the period ended Sep 30, 2026. Filed Oct 29, 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.

Sep 30, 2026 · Filed Oct 29, 2026

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

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Balance Sheets (Unaudited)

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except share and per share amounts)

	September 30,2026	December 31,2025
Assets
Current assets:
Cash and cash equivalents	$122,301	$150,489
Accounts receivable, net of allowance for credit losses of $2,015 and $1,389 at September 30, 2026 and December 31, 2025, respectively	37,378	26,744
Inventories	59,584	61,389
Current portion of vendor advances	2,922	2,063
Prepaid expenses and other current assets	21,484	8,418
Total current assets	243,669	249,103
Property and equipment, net	15,851	16,587
Intangible assets, net	6,466	7,516
Non-current portion of vendor advances	4,798	5,008
Operating lease assets	11,366	12,652
Other non-current assets	5,825	5,667
Total assets	$287,975	$296,533
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$5,657	$5,442
Deferred revenue, current	15,926	26,909
Accrued purchase commitments, current	—	131
Warrant liabilities, current	—	413
Accrued expenses and other current liabilities	46,404	32,222
Total current liabilities	67,987	65,117
Deferred revenue, non-current	11,133	9,391
Operating lease liabilities	15,546	17,721
Other non-current liabilities	8,864	8,325
Total liabilities	103,530	100,554
Commitments and contingencies (Note 12)
Stockholders’ equity:
Class A common stock $0.0001 par value; 600,000,000 shares authorized at September 30, 2026 and December 31, 2025; 245,905,451 and 227,318,426 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively	25	23
Class B common stock $0.0001 par value; 27,000,000 shares authorized at September 30, 2026 and December 31, 2025; 21,426,937 and 26,426,937 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively	2	3
Additional paid-in capital	1,102,006	1,075,147
Accumulated deficit	(917,588)	(879,194)
Total stockholders’ equity	184,445	195,979
Total liabilities and stockholders’ equity	$287,975	$296,533

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.