BFLY Q1 2022 Earnings — Butterfly Network, Inc. Revenue & Financial Results | Market Cap Arena

BFLYButterfly Network, Inc.

$954M

Q1 2022 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$16M+25.2% YoY

Gross Profit

$8M53.6% margin

Operating Income

-$50M-318.0% margin

Net Income

-$44M-285.6% margin

EPS (Diluted)

$-0.22

QoQ Revenue Growth

-18.0%

Cash Flow

Operating Cash Flow

-$54M

Free Cash Flow

-$59M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$535M

Total Liabilities

$123M

Stockholders' Equity

$413M

Cash & Equivalents

$365M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16M	$12M	+25.2%
Gross Profit	$8M	$6M	+30.0%
Operating Income	-$50M	-$54M	+7.8%
Net Income	-$44M	-$690,000	-6345.9%

Revenue Segments

Product

$11M71%

Subscription

$5M29%

Geographic Segments

United States

$11M100%