Butterfly Network, Inc. financial data

Symbol
BFLY, BFLY-WT on NYSE
Industry
X-Ray Apparatus & Tubes & Related Irradiation Apparatus
Location
1600 District Avenue, Burlington, MA
State of incorporation
DE
Fiscal year end
December 31
Former names
Longview Acquisition Corp. (to 2/11/2021)
Latest financial report
10-Q - Q3 2024 - Nov 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 501 % -24.3%
Quick Ratio 174 % +5.15%
Debt-to-equity 40.8 % +38.3%
Return On Equity -49.3 % -15.5%
Return On Assets -35 % -6.23%
Operating Margin -136 % +37%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 356M USD -22.4%
Weighted Average Number of Shares Outstanding, Basic 213M shares +2.92%
Weighted Average Number of Shares Outstanding, Diluted 213M shares +2.92%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 76.2M USD +11.5%
Cost of Revenue 53.7M USD +82.4%
Research and Development Expense 40.2M USD -36.8%
Selling and Marketing Expense 40M USD -2.76%
General and Administrative Expense 42.2M USD -30.5%
Operating Income (Loss) -104M USD +29.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -98.4M USD +20.1%
Income Tax Expense (Benefit) 77K USD +32.8%
Net Income (Loss) Attributable to Parent -98.5M USD +20.1%
Earnings Per Share, Basic -0.46 USD/shares +24.6%
Earnings Per Share, Diluted -0.46 USD/shares +24.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 93.8M USD -37.5%
Marketable Securities, Current 75.3M USD
Accounts Receivable, after Allowance for Credit Loss, Current 20.6M USD +51.1%
Inventory, Net 73.3M USD -22.1%
Assets, Current 199M USD -25.7%
Property, Plant and Equipment, Net 21.2M USD -19.7%
Operating Lease, Right-of-Use Asset 14.6M USD -8.8%
Intangible Assets, Net (Excluding Goodwill) 9.27M USD
Other Assets, Noncurrent 5.65M USD -12.4%
Assets 265M USD -20.6%
Accounts Payable, Current 3.65M USD -54.9%
Employee-related Liabilities, Current 8.04M USD -12.6%
Contract with Customer, Liability, Current 16.4M USD +8.65%
Liabilities, Current 42.8M USD -5.66%
Contract with Customer, Liability, Noncurrent 7.04M USD +33.4%
Operating Lease, Liability, Noncurrent 21M USD -10.2%
Other Liabilities, Noncurrent 10.9M USD +731%
Liabilities 83.4M USD +8.64%
Retained Earnings (Accumulated Deficit) -784M USD -14.4%
Stockholders' Equity Attributable to Parent 182M USD -29.4%
Liabilities and Equity 265M USD -20.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -20.7M USD +52.2%
Net Cash Provided by (Used in) Financing Activities 0 USD -100%
Net Cash Provided by (Used in) Investing Activities -1.14M USD -102%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -21.8M USD -169%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 97.8M USD -36.6%
Deferred Tax Assets, Valuation Allowance 221M USD +18.2%
Deferred Tax Assets, Gross 225M USD +17%
Operating Lease, Liability 25M USD -21.5%
Payments to Acquire Property, Plant, and Equipment 1.14M USD -15.2%
Property, Plant and Equipment, Gross 45.9M USD +6.98%
Operating Lease, Liability, Current 2.38M USD +23.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.66M USD -17.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.56M USD +1.89%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 6.51M USD -24.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.75M USD -19.4%
Deferred Tax Assets, Operating Loss Carryforwards 151M USD +11.4%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.84M USD -19.5%
Additional Paid in Capital 966M USD +2.43%
Depreciation, Depletion and Amortization 2.11M USD +152%
Deferred Tax Assets, Net of Valuation Allowance 3.88M USD -25%
Share-based Payment Arrangement, Expense 22.4M USD -38%
Interest Expense 300K USD