BFLY Q3 2024 Earnings — Butterfly Network, Inc. Revenue & Financial Results | Market Cap Arena

BFLYButterfly Network, Inc.

$954M

Q3 2024 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$21M+33.3% YoY

Gross Profit

$12M59.5% margin

Operating Income

-$17M-83.9% margin

Net Income

-$17M-82.3% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

-4.3%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$8M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$265M

Total Liabilities

$83M

Stockholders' Equity

$182M

Cash & Equivalents

$94M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21M	$15M	+33.3%
Gross Profit	$12M	$9M	+30.4%
Operating Income	-$17M	-$33M	+47.0%
Net Income	-$17M	-$27M	+38.2%

Revenue Segments

Product

$14M66%

Service, Other

$7M34%

Geographic Segments

UNITED STATES

$15M75%

Non-US

$5M25%