The financials
Butterfly Network, Inc. by the numbers
Butterfly Network, Inc. (BFLY) reported revenue of $27M in Q1 2026 (quarter ended March 31, 2026), up 25% from the same quarter a year earlier. That came with a gross margin of 69% and net loss of $13M. For the full year FY2025, revenue was $98M (+19% year on year) and net income −$77M. Its largest product in 2024-Q3 was Service Other at $7.0M, 50.0% of the disclosed total, just ahead of Software And Other Services at 50.0%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $27M | $21M | +25% |
| Gross profit | $18M | $13M | +37% |
| Operating income | −$14M | −$18M | n/a |
| Net income | −$13M | −$14M | n/a |
| Diluted EPS | −$0.05 | −$0.06 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Service Other | $7.0M | 50% |
| Software And Other Services | $7.0M | 50% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $16.9M (+42%)
Software And Other Services grew +150% year on year
Segment Latestquarter on quarteryear on year
- Software And Other Services$16.9M$16.9MQoQ +42%year on year +150%+42%+150%