BFLY Q3 2023 Earnings — Butterfly Network, Inc. Revenue & Financial Results | Market Cap Arena

BFLYButterfly Network, Inc.

$954M

Q3 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$15M-21.4% YoY

Gross Profit

$9M60.8% margin

Operating Income

-$33M-211.2% margin

Net Income

-$27M-177.5% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

-16.6%

Cash Flow

Operating Cash Flow

-$16M

Free Cash Flow

-$17M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$334M

Total Liabilities

$77M

Stockholders' Equity

$257M

Cash & Equivalents

$150M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$15M	$20M	-21.4%
Gross Profit	$9M	$11M	-14.6%
Operating Income	-$33M	-$46M	+29.3%
Net Income	-$27M	-$55M	+50.0%

Revenue Segments

Product

$9M57%

Service, Other

$7M43%

Geographic Segments

United States

$12M79%

International

$3M21%