---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-002019"
form_type: "8-K"
ticker: "BFLY"
cik: "0001804176"
company_name: "Butterfly Network, Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:17:24.532029+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Butterfly Network Q4 revenue $16.5M, net loss $44.1M; guides FY2024 low double-digit growth

## Summary
- Q4 2023 revenue $16.5M, down 13% YoY; U.S. revenue $10.9M (-3% YoY), international $4.6M (-24%).
- Net loss $44.1M vs. $33.7M; includes $21.9M inventory write-down. Adjusted EBITDA loss $15.7M vs. $27.7M.
- Full year 2023 revenue $65.9M; completed $170M cost reduction reducing annual cash burn to ~$60M.
- FY2024 guidance: low double-digit revenue growth, adjusted EBITDA loss of $60M-$50M.
- Launched third-gen iQ3 and ScanLab education app in early 2024; cash $138.7M at year-end.

## SEC filing metadata
- accession: 0001558370-24-002019
- form_type: 8-K
- ticker: BFLY
- cik: 0001804176
- company_name: Butterfly Network, Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1804176/000155837024002019/0001558370-24-002019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1804176/000155837024002019/bfly-20240228x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-002019
- JSON: https://secwatch.observer/filing/0001558370-24-002019.json
- Plain text: https://secwatch.observer/filing/0001558370-24-002019.txt

## Key facts
- Earnings Releases
  Butterfly Network, Inc. reported the fourth quarter and year ended December 31, 2023 results: revenue $16.5 million.
  - Period: the fourth quarter and year ended December 31, 2023
  - Revenue: $16.5 million
  - Result: reported results
  source text: o ScanLabTM , an AI-powered educational application for ultrasound scanning practice. ​ Three Months Ended December 31, 2023 Financial Results Revenue : Total revenue was $16.5 million, down from $19.0 million in the fourth quarter of 2022. U.S. revenue was $10.9 million, down 3% from prior year, driven by lower probe sales but partially offset by higher
  evidence_url: https://www.sec.gov/Archives/edgar/data/1804176/000155837024002019/0001558370-24-002019-index.htm

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