---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-013075"
form_type: "8-K"
ticker: "BFLY"
cik: "0001804176"
company_name: "Butterfly Network, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T09:08:08.310792+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Butterfly Network Q2 revenue $18.5M (-3.8%); net loss improves to $28.7M; reorganizes, cuts $2M/month

## Summary
- Revenue $18.5M, down 3.8% YoY; US up 21% to $14.3M, international down 44%.
- Net loss $28.7M vs $35.8M prior year; adjusted EBITDA loss $17.0M vs $37.1M.
- Completed reorganization cutting operating expenses by ~$2M/month; extends cash runway.
- Full-year 2023 guidance: revenue at least $64M, adjusted EBITDA loss $80M-$75M.
- Cash $171.2M at June 30; plans to launch Butterfly iQ3 probe next year and Butterfly Garden SDK.

## SEC filing metadata
- accession: 0001558370-23-013075
- form_type: 8-K
- ticker: BFLY
- cik: 0001804176
- company_name: Butterfly Network, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1804176/000155837023013075/0001558370-23-013075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1804176/000155837023013075/bfly-20230803x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-013075
- JSON: https://secwatch.observer/filing/0001558370-23-013075.json
- Plain text: https://secwatch.observer/filing/0001558370-23-013075.txt

## Key facts
- Earnings Releases
  Butterfly Network, Inc. reported second quarter ended June 30, 2023 results: revenue $18.5 million.
  - Period: second quarter ended June 30, 2023
  - Revenue: $18.5 million
  - Result: reported results
  source text: handheld, whole-body ultrasound , today announced financial results for the quarter ended June 30, 2023, and provided a business update. Highlights ● Reported total revenue of $18.5 million for the second quarter of 2023, a 3.8% decrease from $19.2 million for the second quarter of 2022, and significantly reduced losses. ● Conducted a full strategy reevaluation with
  evidence_url: https://www.sec.gov/Archives/edgar/data/1804176/000155837023013075/0001558370-23-013075-index.htm

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