BFLY Q2 2022 Earnings — Butterfly Network, Inc. Revenue & Financial Results | Market Cap Arena

BFLYButterfly Network, Inc.

$954M

Q2 2022 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$19M+16.4% YoY

Gross Profit

$11M55.0% margin

Operating Income

-$48M-252.2% margin

Net Income

-$36M-186.3% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+23.4%

Cash Flow

Operating Cash Flow

-$44M

Free Cash Flow

-$51M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$497M

Total Liabilities

$110M

Stockholders' Equity

$387M

Cash & Equivalents

$314M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$19M	$17M	+16.4%
Gross Profit	$11M	$8M	+28.6%
Operating Income	-$48M	-$37M	-32.1%
Net Income	-$36M	-$3M	-1116.9%

Revenue Segments

Product

$13M70%

Subscription

$6M30%

Geographic Segments

United States

$13M100%