Butterfly Network, Inc. (BFLY) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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Butterfly Network, Inc. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Proceeds from exercise of stock options → financing reconciliation: $2,722,000.00Proceeds from employee stock purchase plan → financing reconciliation: $1,233,000.00financing reconciliation → Net cash from financing activities: $3,948,000.00financing reconciliation → Payments to tax authorities for restricted stock units withheld: $7,000.00Net cash used in investing activities → investing reconciliation: $974,000.00investing reconciliation → Purchases of property, equipment, and intangible assets, including capitalized software: $974,000.00Net cash used in operating activities → operating reconciliation: $16,269,000.00Stock-based compensation expense → operating reconciliation: $7,038,000.00Accrued expenses and other liabilities → operating reconciliation: $5,231,000.00Depreciation, amortization, and impairments → operating reconciliation: $1,660,000.00Vendor advances → operating reconciliation: $853,000.00Inventories → operating reconciliation: $745,000.00Accounts payable → operating reconciliation: $698,000.00Other → operating reconciliation: $697,000.00Non-cash interest expense → operating reconciliation: $281,000.00operating reconciliation → Net loss: $12,910,000.00operating reconciliation → Accounts receivable: $10,045,000.00operating reconciliation → Deferred revenue: $6,633,000.00operating reconciliation → Prepaid expenses and other assets: $3,651,000.00operating reconciliation → Change in operating lease assets and liabilities: $233,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $141,969,000.00Net cash from financing activities → Cash sources and uses: $3,948,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $128,674,000.00Cash sources and uses → Net cash used in investing activities: $974,000.00Cash sources and uses → Net cash used in operating activities: $16,269,000.00Net loss: -$12,910,000.00Net loss−$12.91 MDepreciation, amortization, and impairments: $1,660,000.00Depreciation, amort. & impairments+$1.66 MNon-cash interest expense: $281,000.00Paid-in-kind interest+$281.00 KWrite-down of inventories: $0.00Vendor advances: $853,000.00Vendor advances+$853.00 KStock-based compensation expense: $7,038,000.00Stock-based compensation+$7.04 MChange in fair value of warrant liabilities: $0.00Other: $697,000.00Other operating, net+$697.00 KAccounts receivable: -$10,045,000.00Accounts receivable−$10.05 MInventories: $745,000.00Inventories+$745.00 KPrepaid expenses and other assets: -$3,651,000.00Prepaid & other assets−$3.65 MAccounts payable: $698,000.00Trade payables+$698.00 KDeferred revenue: -$6,633,000.00Unearned revenue−$6.63 MChange in operating lease assets and liabilities: -$233,000.00Lease assets & liabilities−$233.00 KAccrued expenses and other liabilities: $5,231,000.00Accrued & other liabilities+$5.23 MNet cash used in operating activities: -$16,269,000.00. Cash required to fund net payments.Operating cash−$16.27 Moperating reconciliation: $33,472,000.00Proceeds from exercise of stock options: $2,722,000.00Stock option exercises+$2.72 MProceeds from employee stock purchase plan: $1,233,000.00Stock plan proceeds+$1.23 MNet proceeds from share offering: $0.00Payments to tax authorities for restricted stock units withheld: -$7,000.00Stock-award tax withholding−$7.00 KNet cash from financing activities: $3,948,000.00Financing cash+$3.95 Mfinancing reconciliation: $3,955,000.00Purchases of property, equipment, and intangible assets, including capitalized software: -$974,000.00PP&E purchases−$974.00 KNet cash used in investing activities: -$974,000.00. Cash required to fund net payments.Investing cash−$974.00 Kinvesting reconciliation: $974,000.00Cash sources and uses: $145,917,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $141,969,000.00Beginning cash$141.97 MEnding cash: Cash, cash equivalents, and restricted cash: $128,674,000.00Ending cash$128.67 MCASH RECONCILIATIONFinancingflowsInvestingflowsOperatingflowsNet loss −$12.91M − net operating adjustments $3.36M = operating cash −$16.27MFree cash flow−$17.24 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change−$13.30 MEnding cash − beginning cash
Chart details

Butterfly Network, Inc. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
141,969,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 16,269,000 US dollars. Net cash used.
Net loss
negative 12,910,000 US dollars
Depreciation, amortization, and impairments
1,660,000 US dollars
Non-cash interest expense
281,000 US dollars
Write-down of inventories
0 US dollars
Vendor advances
853,000 US dollars
Stock-based compensation expense
7,038,000 US dollars
Change in fair value of warrant liabilities
0 US dollars
Other
697,000 US dollars
Accounts receivable
negative 10,045,000 US dollars
Inventories
745,000 US dollars
Prepaid expenses and other assets
negative 3,651,000 US dollars
Accounts payable
698,000 US dollars
Deferred revenue
negative 6,633,000 US dollars
Change in operating lease assets and liabilities
negative 233,000 US dollars
Accrued expenses and other liabilities
5,231,000 US dollars
Investing activities
negative 974,000 US dollars. Net cash used.
Purchases of property, equipment, and intangible assets, including capitalized software
negative 974,000 US dollars
Financing activities
3,948,000 US dollars. Net cash provided.
Proceeds from exercise of stock options
2,722,000 US dollars
Proceeds from employee stock purchase plan
1,233,000 US dollars
Net proceeds from share offering
0 US dollars
Payments to tax authorities for restricted stock units withheld
negative 7,000 US dollars
Operating adjustment reconciliation
33,472,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
3,955,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
974,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Jun 30, 2026
128,674,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
145,917,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 13,295,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
negative 16,269,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
974,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 17,243,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$12.91M − net operating adjustments $3.36M = operating cash −$16.27M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 16,269,000 US dollars minus 974,000 US dollars equals negative 17,243,000 US dollars.
Butterfly Network, Inc. (BFLY) FY2026 Q2 Statement of Cash Flows Sankey chart
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