Butterfly Network, Inc. filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on October 29, 2026, covering the three-month period ended September 30, 2026.
Key Highlights
- Cash and cash equivalents: $122,301 thousand as of September 30, 2026, down from $150,489 thousand at December 31, 2025.
- Accounts receivable: $37,378 thousand as of September 30, 2026, compared to $26,744 thousand at December 31, 2025, net of allowances for credit losses of $2,015 thousand and $1,389 thousand, respectively.
- Inventories: $59,584 thousand at September 30, 2026, compared to $61,389 thousand at December 31, 2025.
- Total assets: $287,975 thousand at September 30, 2026, compared to $296,533 thousand at December 31, 2025.
- Deferred revenue (current): $15,926 thousand at September 30, 2026, down from $26,909 thousand at December 31, 2025.
- Shares outstanding: As of October 19, 2026, the company reported 246,034,996 shares of Class A common stock and 21,426,937 shares of Class B common stock outstanding.
Butterfly Network's Financial Position as of September 30, 2026
According to the filing, Butterfly Network, Inc. (NYSE:BFLY), a Delaware-incorporated company headquartered at 1600 District Avenue, Burlington, Massachusetts, reported total assets of $287,975 thousand at September 30, 2026, compared to $296,533 thousand at December 31, 2025. The company is classified as a non-accelerated filer and a smaller reporting company.
The registrant disclosed that cash and cash equivalents declined to $122,301 thousand from $150,489 thousand at year-end 2025. Accounts receivable increased to $37,378 thousand from $26,744 thousand over the same period, with the allowance for credit losses rising to $2,015 thousand from $1,389 thousand. Inventories decreased modestly to $59,584 thousand from $61,389 thousand. Prepaid expenses and other current assets rose to $21,484 thousand from $8,418 thousand at December 31, 2025.
On the liabilities side, the filing reported that current deferred revenue fell to $15,926 thousand from $26,909 thousand at December 31, 2025. Warrant liabilities in the current liabilities section were reported as zero at September 30, 2026, compared to $413 thousand at December 31, 2025. The company noted in its cautionary statement that forward-looking statements contained in the filing are the company's own and are subject to risks and uncertainties described in detail under the "Risk Factors" sections of this report and of the company's 2025 Annual Report on Form 10-K.
What Was Disclosed
Butterfly Network filed its Form 10-Q for the quarter ended September 30, 2026, disclosing condensed consolidated balance sheet data reflecting a decrease in total assets to $287,975 thousand and a decline in cash to $122,301 thousand relative to December 31, 2025.




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