---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-010600"
form_type: "8-K"
ticker: "BFLY"
cik: "0001804176"
company_name: "Butterfly Network, Inc."
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:56:23.992272+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Butterfly Network Q2 revenue $21.5M (record), net loss down 45%, raises EBITDA guidance

## Summary
- Record quarterly revenue of $21.5M, up 16% YoY; product revenue $14.6M (+19%) and software $6.8M (+10%).
- Net loss $15.7M vs $28.7M prior year, down 45%; Adjusted EBITDA loss $8.1M vs $17.0M.
- Raised FY 2024 adjusted EBITDA guidance to loss $(50)M-$(45)M from $(55)M-$(50)M; revenue guidance affirmed $75M-$80M.
- Regained NYSE minimum bid price compliance on July 31, 2024, after 30 consecutive trading days above $1.00.
- Launched iQ3 in Canada, added new AI partners, and achieved $10M annualized cost reduction extending cash runway into 2027.

## SEC filing metadata
- accession: 0001558370-24-010600
- form_type: 8-K
- ticker: BFLY
- cik: 0001804176
- company_name: Butterfly Network, Inc.
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1804176/000155837024010600/0001558370-24-010600-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1804176/000155837024010600/bfly-20240801x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-010600
- JSON: https://secwatch.observer/filing/0001558370-24-010600.json
- Plain text: https://secwatch.observer/filing/0001558370-24-010600.txt

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