Earnings ·
Butterfly Network reported second quarter 2026 results with revenue of $32.6 million, a 39% year-over-year increase…
BFLYWButterfly Network, Inc.
Butterfly Network reported second quarter 2026 results with revenue of $32.6 million, a 39% year-over-year increase driven by Embedded partnerships and probe sales. Gross margin expanded to 71.4%, while the net loss narrowed to $12.9 million and adjusted EBITDA loss improved to $1.4 million. The company raised its full-year revenue guidance to $119–$123 million and adjusted EBITDA loss guidance to $19–$23 million, citing strong enterprise software momentum and FedRAMP progress. Butterfly operates in the medical technology industry, specializing in semiconductor-based ultrasound devices, cloud software, and AI solutions.