BFLY Q2 2024 Earnings — Butterfly Network, Inc. Revenue & Financial Results | Market Cap Arena

BFLYButterfly Network, Inc.

$954M

Q2 2024 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$21M+16.2% YoY

Gross Profit

$13M58.6% margin

Operating Income

-$17M-80.2% margin

Net Income

-$16M-73.1% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+21.7%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$11M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$273M

Total Liabilities

$79M

Stockholders' Equity

$194M

Cash & Equivalents

$102M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21M	$18M	+16.2%
Gross Profit	$13M	$11M	+15.2%
Operating Income	-$17M	-$31M	+44.9%
Net Income	-$16M	-$29M	+45.2%

Revenue Segments

Product

$15M68%

Service, Other

$7M32%

Geographic Segments

United States

$17M79%

International

$4M21%