---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-014079"
form_type: "8-K"
ticker: "BFLY"
cik: "0001804176"
company_name: "Butterfly Network, Inc."
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T07:02:06.604095+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Butterfly Network Q3 revenue $20.6M (+33% YoY), raises FY 2024 guidance

## Summary
- Q3 revenue $20.6M (+33% YoY); net loss improved 38% to $16.9M; adjusted EBITDA loss $8.4M.
- Cash and restricted cash $97.8M; operating cash use reduced 50% YoY.
- Raised FY 2024 revenue guidance to $79-81M (over 20% growth) and improved adjusted EBITDA guidance to ($42M)-($40M).
- Formed Octiv, a wholly owned subsidiary to commercialize Butterfly's chip in new sectors.
- Launched iQ3 in Europe; opened markets in Indonesia, Netherlands, and Belgium.

## SEC filing metadata
- accession: 0001558370-24-014079
- form_type: 8-K
- ticker: BFLY
- cik: 0001804176
- company_name: Butterfly Network, Inc.
- filed_at: 2024-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1804176/000155837024014079/0001558370-24-014079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1804176/000155837024014079/bfly-20241101x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-014079
- JSON: https://secwatch.observer/filing/0001558370-24-014079.json
- Plain text: https://secwatch.observer/filing/0001558370-24-014079.txt

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