BFLY Q3 2022 Earnings — Butterfly Network, Inc. Revenue & Financial Results | Market Cap Arena

BFLYButterfly Network, Inc.

$954M

Q3 2022 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$20M+34.2% YoY

Gross Profit

$11M56.0% margin

Operating Income

-$46M-234.6% margin

Net Income

-$55M-279.0% margin

EPS (Diluted)

$-0.27

QoQ Revenue Growth

+2.1%

Cash Flow

Operating Cash Flow

-$42M

Free Cash Flow

-$47M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$443M

Total Liabilities

$100M

Stockholders' Equity

$344M

Cash & Equivalents

$193M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20M	$15M	+34.2%
Gross Profit	$11M	-$5M	+314.5%
Operating Income	-$46M	-$57M	+19.2%
Net Income	-$55M	-$14M	-303.7%

Revenue Segments

Product

$13M67%

Service, Other

$6M33%

Geographic Segments

United States

$14M100%