---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-038332"
form_type: "8-K/A"
ticker: "BFLY"
cik: "0001804176"
company_name: "Butterfly Network, Inc."
filed_at: "2022-03-28T23:59:59+00:00"
generated_at: "2026-06-26T16:22:58.805592+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "low"
source: SEC EDGAR
---

# Butterfly Network Q1 2021 revenue $12.4M (up 43.5% YoY); subscription revenue up 94.9%

## Summary
- Product revenue $9.6M, subscription revenue $2.8M; gross margin 51.6% vs (9.6)% prior year.
- Net loss $0.7M improved from loss $24.4M in Q1 2020; adjusted EBITDA loss $26.5M.
- Cash and equivalents $545.3M as of March 31, 2021.
- FY 2021 guidance: revenue $76-80M (64-73% growth); gross margin 43-47%; adjusted EBITDA loss $140-160M.

## SEC filing metadata
- accession: 0001104659-22-038332
- form_type: 8-K/A
- ticker: BFLY
- cik: 0001804176
- company_name: Butterfly Network, Inc.
- filed_at: 2022-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: low
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1804176/000110465922038332/0001104659-22-038332-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1804176/000110465922038332/tm2210335d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-038332
- JSON: https://secwatch.observer/filing/0001104659-22-038332.json
- Plain text: https://secwatch.observer/filing/0001104659-22-038332.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.