BFLY Q4 2023 Earnings — Butterfly Network, Inc. Revenue & Financial Results | Market Cap Arena

BFLYButterfly Network, Inc.

$954M

Q4 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$17M-13.0% YoY

Gross Profit

-$13M-75.9% margin

Operating Income

-$47M-282.9% margin

Net Income

-$44M-267.1% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

+7.1%

Cash Flow

Operating Cash Flow

-$13M

Free Cash Flow

-$16M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$304M

Total Liabilities

$84M

Stockholders' Equity

$220M

Cash & Equivalents

$135M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$17M	$19M	-13.0%
Gross Profit	-$13M	$10M	-231.2%
Operating Income	-$47M	-$49M	+4.6%
Net Income	-$44M	-$34M	-30.9%

Revenue Segments

Product

$20M60%

Service, Other

$13M40%

Geographic Segments

United States

$25M100%