Short answer
Butterfly Network, Inc. (BFLY) filed its Q3 2025 10-Q quarterly report on Oct 31, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $21M (up 4.5% year over year) with net income of −$34M.
Q3 2025 key financials · XBRL
- Revenue
- $21M
- +4.5% YoY · −8.1% QoQ
- Net income
- −$34M
- −100.7% YoY · −145.6% QoQ
- Operating margin
- -163.5%
- EPS (diluted)
- −$0.13
- −62.5% YoY · −116.7% QoQ
Source: XBRL data from the Butterfly Network, Inc. (BFLY) Q3 2025 10-Q on SEC EDGAR. USD.
Butterfly Network, Inc. Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $21.489M, up 4.5% YoY from $20.561M, led by product revenue up 7.5% to $14.556M
- Gross margin (17.5%) vs 59.5% YoY; $17.4M non-recurring excess-inventory charge
- Best-performing product line: product revenue $14.556M, up $1.018M; software revenue $6.933M, down 1.3%
- Cash $144.2M; quarterly operating cash use $3.9M; nine-month operating cash use $21.731M vs $38.587M
- $81.0M January equity offering; management expects liquidity sufficient for at least 12 months
Risk Factors
- No material changes to 2024 Form 10-K risk factors disclosed
- Regulatory and compliance risks carried forward from 2024 Form 10-K
- Operational and competitive risks carried forward from 2024 Form 10-K
- Liquidity, debt, currency, and concentration risks carried forward from 2024 Form 10-K
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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