secwatch.observer — SEC 8-K summary
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Issuer:     Butterfly Network, Inc. (BFLY)
CIK:        0001804176
Form:       8-K
Filed at:   2025-10-31T23:59:59+00:00
Accession:  0001804176-25-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Butterfly Network Q3 rev $21.5M (+5% YoY); GAAP loss $34M on inventory write-down; FY guidance reaffirmed
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- Revenue $21.5M, up 5% YoY from $20.6M; adjusted gross margin 63.9% vs 60.0% prior year.
- GAAP net loss $34.0M vs $16.9M prior year, including $17.4M excess inventory write-down.
- Adjusted EBITDA loss narrowed to $8.1M from $8.4M; adjusted EPS -$0.04 vs -$0.05.
- Cash burn hit record low $3.9M; cash and equivalents $144.2M.
- FY2025 guidance: revenue $91-95M (~13% growth); adj. EBITDA loss $32-35M (narrowed).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1804176/000180417625000008/0001804176-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1804176/000180417625000008/bfly-20251031.htm
  HTML page:      https://secwatch.observer/filing/0001804176-25-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer