Every 10-Q that Butterfly Network, Inc. (BFLY) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BFLY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BFLY filings page.
Butterfly Network, Inc. reported results for the quarter ended June 30, 2026 with revenue of $32.6 million, up 39.5% year over year. Software and other services nearly tripled to $16.9 million and represented 51.8% of revenue, driven largely by Embedded partnerships, including a co-development agreement with Midjourney, Inc.
Gross margin rose to 71.4%, and net loss narrowed to $12.9 million (basic and diluted loss per share $0.05). For the first half of 2026, operating cash outflow was $30.2 million. Cash and cash equivalents were $124.7 million, and remaining performance obligations totaled $85.8 million. The company recorded additional litigation-related loss contingencies and offsetting expected insurance recoveries, which did not change Q2 net loss.
Butterfly Network reported Q1 2026 results with stronger revenue but continuing losses. Total revenue reached $26.5 million, up 25% from $21.2 million, driven by 68.2% growth in software and other services revenue to $11.9 million and a richer mix of higher-priced iQ3 probes.
Gross profit rose to $18.3 million, a 68.9% margin, while operating expenses of $32.2 million kept the company in the red, with a net loss of $12.7 million, or $0.05 per share. Management recorded $3.3 million of additional estimated litigation losses and a $6.0 million insurance recovery.
Cash, cash equivalents, and restricted cash totaled $142.0 million, after $13.9 million of cash was used in operating activities during the quarter. Remaining performance obligations were $91.4 million, with 55% expected to convert to revenue within twelve months.
Butterfly Network (BFLY) reported Q3 2025 results with total revenue of $21,489,000, up modestly from $20,561,000 a year ago. A non‑recurring excess and obsolete inventory charge of $17,400,000 drove a gross loss of $3,757,000 and widened the net loss to $33,971,000 from $16,924,000.
Product revenue rose to $14,556,000 while software and other services were $6,933,000. Cost of revenue jumped to $25,246,000 (117.5% of revenue) due to the inventory charge; operating expenses were relatively stable year over year.
Liquidity strengthened: cash and cash equivalents were $144,233,000 as of September 30, 2025, aided by a January public offering of 27.6 million shares at $3.15 per share, yielding net proceeds of $81,000,000. Net cash used in operating activities improved to $21,731,000 for the nine months. Remaining performance obligations were $42,200,000, with 49% expected to be recognized in the next 12 months.