tradmap

BFLY Financials Butterfly Network, Inc.

7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 16.1% per year over the past 5 years.
  • Operating margin has contracted, at -88.5% in the latest year.

Financial health

  • Operating income covered interest expense -58.0× in the latest year.
  • The company is unprofitable; at its current free-cash-flow burn it has roughly 9.4 years of cash runway.
Revenue & net income
-$169M -$36M $98M $0 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-371% -156% 60% 0% 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$197M -$99M $0 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $211M $423M 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$414M $76M $566M $0 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $98M -$77M 46.9% -88.5% -$16M $150M
2024 $82M -$73M 59.5% -90.7% -$44M $89M
2023 $66M -$134M 25.6% -221.0% -$105M $134M
2022 $73M -$169M 53.8% -263.0% -$187M $163M
2021 $63M -$32M 27.3% -308.0% -$197M $423M
2020 $46M -$132M -132.4% -8.2% -$4M $60M
2019 $28M -$100M -75.8% -370.9% -$125M $90M

Valuation over time

How the market has priced BFLY against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 10.5 21.1 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is BFLY growing its revenue and profit?

Over the past 5 years, Butterfly Network, Inc.'s revenue has grown 16.1% per year. These are computed facts, not advice.

How much debt does BFLY have?

As of FY2025, Butterfly Network, Inc. reported — of total debt against $150M of cash; operating income covered interest expense -58.0×.

What is BFLY's profit margin?

In FY2025, gross margin was 46.9%, operating margin -88.5%, and net margin -79.0%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.