Butterfly Network
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Butterfly Network's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 10% to $65,900,000. The net income raised on -$133,699,999 and profit margin reached -203%. Total operating expenses were $162,466,000.
Profit Margin
| 2019 | 27.58M | -99.60M | -361.1% |
|---|---|---|---|
| 2020 | 46.25M | -162.74M | -351.87% |
| 2021 | 62.56M | -32.40M | -51.8% |
| 2022 | 73.39M | -168.72M | -229.9% |
| 2023 | 65.9M | -133.69M | -202.88% |
BFLY Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 65.9M | 73.39M | 62.56M | 46.25M | 27.58M |
Cost of revenue | 49.04M | 33.93M | 45.51M | 107.47M | 48.47M |
Gross profit | 16.85M | 39.46M | 17.05M | -61.22M | -20.89M |
Operating exp. | |||||
Research and development | 55.61M | 89.12M | 74.46M | 49.73M | 48.93M |
Selling and marketing | 39.07M | 59.88M | 49.60M | 26.26M | 14.28M |
Total operating expenses | 162.46M | 232.48M | 209.78M | 100.39M | 81.40M |
Operating income | -145.61M | -193.02M | -192.72M | -161.61M | -102.29M |
Other income (expenses), net | 11.99M | 24.33M | 160.44M | -1.08M | 2.59M |
Income before tax | -133.61M | -168.68M | -32.28M | -162.70M | -99.69M |
Income tax expense | 82K | 42K | 121K | 39K | -96K |
Net income | -133.69M | -168.72M | -32.40M | -162.74M | -99.60M |
Earnings per share | |||||
Basic EPS | -0.65 | -0.84 | -0.19 | -26.87 | -17.06 |
Diluted EPS | -0.65 | -0.84 | -0.19 | -26.87 | -16.45 |
| Data source | Data source | Data source | Data source |