BFLY Income Statement - TTM - Butterfly Network, Inc.

Income Statement (TTM)

Butterfly Network, Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31	2025 06-30
Revenue	41	46	50	55	59	63	66	68	73	73	73	73	68	66	68	71	76	82	86	88
Change (%)		11.90	8.16	9.44	8.19	5.63	5.00	4.11	7.31	-0.01	-0.13	-0.99	-5.78	-3.61	3.31	4.41	7.23	7.66	4.35	2.21
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	59	47	42	39	33	32	32	33	34	34	33	32	29	49	50	51	54	33	34	33
Change (%)		-19.45	-11.59	-7.96	-13.71	-5.14	2.04	1.08	3.35	0.89	-2.49	-3.26	-8.09	66.71	2.02	2.67	4.46	-38.08	1.40	-1.21
% of Revenue	142.24	102.40	83.70	70.39	56.14	50.42	49.00	47.58	45.82	46.23	45.14	44.11	43.03	74.42	73.50	72.27	70.40	40.49	39.35	38.03

Gross Operating Profit	-17	-1	8	16	26	31	34	36	40	39	40	41	39	17	18	20	23	49	52	54
Change (%)		-93.64	-834.41	98.83	60.27	19.40	8.01	7.02	10.90	-0.76	1.89	0.87	-3.96	-56.72	7.04	9.23	14.47	116.46	6.36	4.44
% of Revenue	-42.24	-2.40	16.30	29.61	43.86	49.58	51.00	52.42	54.18	53.77	54.86	55.89	56.97	25.58	26.50	27.73	29.60	59.51	60.65	61.97

SG&A	45	51	77	93	113	135	132	139	141	137	124	113	102	89	88	84	82	81	82	83
Change (%)		12.21	51.80	21.49	20.99	19.73	-2.51	5.53	1.35	-2.84	-9.45	-8.64	-10.15	-12.97	-0.26	-5.18	-1.93	-1.06	0.49	1.09
% of Revenue	109.22	109.53	153.72	170.64	190.82	216.29	200.81	203.55	192.24	186.80	169.38	156.29	149.05	134.58	129.93	117.99	107.91	99.17	95.51	94.45

R&D	51	50	53	58	68	74	82	88	89	88	81	73	64	56	50	43	40	38	37	36
Change (%)		-2.03	6.43	9.72	16.67	9.87	10.62	7.44	0.44	-0.95	-7.92	-9.37	-13.48	-12.51	-10.66	-12.51	-7.56	-5.93	-2.11	-2.96
% of Revenue	122.82	107.54	105.82	106.10	114.41	119.01	125.38	129.39	121.11	119.97	110.62	101.26	92.98	84.39	72.98	61.16	52.72	46.07	43.22	41.03

OpEx	155	148	172	190	214	241	246	260	264	259	238	219	195	193	188	179	176	152	152	152
Change (%)		-4.49	16.21	10.68	12.63	12.74	2.14	5.59	1.29	-1.72	-8.02	-8.14	-10.97	-0.79	-2.67	-5.03	-1.46	-13.46	0.05	-0.40
% of Revenue	374.29	319.46	343.25	347.13	361.37	385.72	375.19	380.52	359.17	353.00	325.14	301.66	285.07	293.39	276.40	251.42	231.03	185.73	178.07	173.51

Operating Income	-113	-102	-122	-135	-155	-179	-181	-192	-190	-186	-165	-146	-127	-127	-120	-108	-100	-70	-67	-64
Change (%)		-10.47	19.88	11.19	14.43	15.47	1.13	6.13	-0.86	-2.39	-11.13	-11.32	-13.54	0.73	-5.77	-10.38	-7.20	-29.57	-4.98	-3.76
% of Revenue	-274.29	-219.46	-243.25	-247.13	-261.37	-285.72	-275.19	-280.52	-259.17	-253.00	-225.14	-201.66	-185.07	-193.39	-176.40	-151.42	-131.03	-85.73	-78.07	-73.51

Interest Expense	-0	-1	-2	-2	-1	-1	-0	-0	-0	-0	-0	-0	0		-0	-1	-1	-1	-1	-1
Change (%)		172.97	55.48	-5.98	-17.99	-52.41	-98.00	-53.85	33.33	-75.00	-0.00	-0.00	-100.00			103.00	52.38	35.88	3.73	4.51
% of Revenue	-1.01	-2.47	-3.55	-3.05	-2.31	-1.04	-0.02	-0.01	-0.01	-0.00	-0.00	-0.00	0.00		-0.44	-0.86	-1.22	-1.54	-1.53	-1.56

Net Income	-180	-163	-139	-119	-40	-32	-76	-109	-150	-169	-158	-151	-123	-134	-122	-109	-99	-72	-65	-63
Change (%)		-9.61	-14.54	-14.60	-66.21	-19.25	135.11	43.12	37.76	12.31	-6.48	-4.52	-18.17	8.45	-8.81	-10.63	-9.59	-26.41	-10.75	-2.89
% of Revenue	-435.57	-351.87	-278.02	-216.96	-67.76	-51.80	-115.98	-159.45	-204.70	-229.90	-215.28	-207.62	-180.32	-202.88	-179.08	-153.29	-129.25	-88.34	-75.56	-71.78

Source: Capital IQ

Butterfly Network, Inc. - Income Statement (TTM)

Income Statement (TTM)