Every 8-K 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 8-K covers material events a company has to report between its quarterly 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 that Dr. Erica Schwartz has resigned from its Board of Directors, effective automatically upon her confirmation as Director of the U.S. Centers for Disease Control and Prevention on August 5, 2026. The company states that her resignation does not result from any disagreement regarding operations, policies, or practices.
A press release dated August 11, 2026, attached as an exhibit, further notes that Dr. Schwartz had served on the Board since 2021 and stepped down in advance of assuming her new role at the CDC. Butterfly Network’s President, CEO and Chairman, Joseph DeVivo, is quoted recognizing her contributions and service to the company.
Butterfly Network, Inc. reported strong second quarter 2026 results with record revenue and improved profitability metrics. Revenue was $32.6 million, up 39% from $23.4 million a year earlier, driven largely by U.S. revenue of $27.6 million, which grew 57% on strength in Butterfly Embedded partnerships and higher probe sales. International revenue was $5.0 million, down 14%. Gross profit rose to $23.3 million and gross margin expanded to 71.4% from 63.7%, helped by higher-margin Embedded licensing and lower software amortization.
Operating expenses increased 19% to $37.0 million as the company invested in headcount and product and software development. Net loss narrowed slightly to $12.9 million, while adjusted EBITDA loss improved to $1.4 million from $6.2 million, a 78% improvement. Cash and cash equivalents were $124.7 million as of June 30, 2026. Management highlighted momentum across Butterfly Embedded, Compass AI enterprise software, medical education, Home & Community Care, and international expansion, and raised full-year 2026 guidance to revenue of $119–$123 million with adjusted EBITDA loss of $19–$23 million. For Q3 2026, it forecast revenue of $26–$30 million and adjusted EBITDA loss of $6–$9 million.
Butterfly Network, Inc. held its 2026 Annual Meeting of Stockholders, where holders of 163,228,826 shares of Class A common stock and 26,426,937 shares of Class B common stock were present or represented by proxy. Class A shares carried one vote each and Class B shares carried 20 votes each, voting together as a single class.
Stockholders elected seven directors, including Joseph DeVivo and Jonathan M. Rothberg, Ph.D., with each nominee receiving over 621 million votes in favor and relatively few votes against or abstentions, alongside 68,273,752 broker non-votes. Stockholders also ratified Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 690,013,905 votes for and limited opposition.
In addition, stockholders approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, with 614,118,861 votes for, 8,857,243 against, 517,710 abstentions and 68,273,752 broker non-votes. Overall, all three proposals presented at the meeting received the necessary support from stockholders.
Butterfly Network, Inc. announced governance changes involving its Board of Directors. Dr. Erica Schwartz has informed the Board she will resign as a director, subject to and effective upon her confirmation by the U.S. Senate as Director of the Centers for Disease Control and Prevention.
The company also appointed Caroll H. Neubauer to the Board, effective May 18, 2026, and named him to the Compensation and Technology Committees. His appointment increases the Board size to eight directors. Neubauer will receive standard nonemployee director compensation, including an initial restricted stock unit grant with an aggregate fair market value of $300,000, vesting annually over three years.
Butterfly Network, Inc. reported first-quarter 2026 revenue of $26.5 million, up 25% from $21.2 million a year earlier, with U.S. revenue of $21.4 million and international revenue of $5.2 million growing 23%.
Gross profit rose to $18.3 million and gross margin improved to 68.9% from 63.0%, helped by higher-margin Butterfly Embedded licensing and lower software amortization. Operating expenses were $32.2 million, up 1% year-over-year.
Net loss narrowed to $12.7 million from $14.0 million, while adjusted EBITDA loss improved to $6.1 million from $9.1 million. EPS was $(0.05) and adjusted EPS $(0.03). Cash and cash equivalents were $138.0 million as of March 31, 2026. The company reaffirmed full-year 2026 revenue guidance of $117–$121 million (about 20–24% growth) and an adjusted EBITDA loss of $21–$25 million, and guided Q2 2026 revenue to $27–$31 million with adjusted EBITDA loss of $6–$8 million.
Butterfly Network, Inc. reported strong fourth quarter 2025 results, highlighted by record quarterly revenue of $31.5 million, up 41% from $22.4 million a year earlier, and its first quarter of positive operating cash flow with net cash inflow of $6.3 million.
U.S. revenue grew to $26.8 million, a 55% increase, helped by $6.8 million from a new Midjourney co-development partnership, while international revenue was $4.7 million. GAAP gross margin improved to 67.3%, driven by high-margin Butterfly Embedded licensing and lower software amortization.
Net loss narrowed to $15.3 million from $18.1 million, and adjusted EBITDA loss improved to $3.2 million from $9.1 million. Cash and cash equivalents reached $150.5 million as of December 31, 2025. For 2026, the company guides to revenue of $117–$121 million, implying about 20–24% growth, and an adjusted EBITDA loss of $21–$25 million.
Butterfly Network, Inc. reports that the New York Stock Exchange will delist, and has immediately suspended trading in, its public warrants (ticker BFLY WS) because of “abnormally low selling price” levels under Section 802.01D of the NYSE Listed Company Manual as of January 13, 2026. Each warrant was issued in the February 16, 2021 business combination with Longview Acquisition Corp. and is exercisable for one share of Class A common stock at an exercise price of $11.50 per share until its expiration on February 12, 2026. The company states it does not believe the warrant delisting is related to its performance, and confirms that trading in its Class A common stock, which continues on the NYSE under ticker BFLY, is unaffected.
Butterfly Network, Inc. reported that it has announced preliminary financial results for the fourth quarter ended December 31, 2025. The company made this disclosure through a press release dated January 12, 2026, which is included as Exhibit 99.1 to this report. The Class A common stock trades on the New York Stock Exchange under the symbol BFLY, and its publicly traded warrants trade under BFLY WS. The report is signed on behalf of the company by Chief Financial Officer John Doherty.
Butterfly Network, Inc. (BFLY) entered into a five-year Co-Development and Licensing Agreement with Midjourney, Inc. through its subsidiary BFLY Operations, Inc. The deal gives Midjourney an exclusive, non-transferable license in a defined field to use Butterfly’s semiconductor-based ultrasound-on-chip technology, related software, and backend systems. Butterfly will receive a one-time non-recurring fee of $15 million plus a $10 million annual license fee, payable quarterly during the term.
The Agreement also allows Butterfly to earn up to $9 million in additional milestone payments, revenue-sharing tied to Midjourney’s commercialization of hardware using Butterfly chips, and payments on any chip purchases. The contract includes customary confidentiality and intellectual property provisions, early termination rights for certain breaches or insolvency events, and an option for Midjourney to upgrade its license in specified circumstances.
Butterfly Network, Inc. furnished a Form 8-K to announce its results for the third quarter ended September 30, 2025 and provide a business update. The company issued a press release on October 31, 2025, which is included as Exhibit 99.1.
The information under Item 2.02, including Exhibit 99.1, is furnished and not deemed “filed” for purposes of Section 18 of the Exchange Act, nor incorporated by reference except as expressly set forth by specific reference. The filing also includes Exhibit 104 (Cover Page Interactive Data File). The 8-K was signed by Megan Carlson, CPA, Interim Chief Financial Officer.
Butterfly Network, Inc. reported that its board appointed John Doherty as Executive Vice President and Chief Financial Officer, effective December 8, 2025. He joins from Kaltura, Inc., where he has served as CFO since March 2024, and previously held senior finance and operating roles at Magic Leap, InterXion and Verizon over a 30‑year period.
Doherty’s offer letter provides an annual base salary of $530,000 and eligibility for an annual cash bonus targeted at 70% of base salary beginning with 2026 performance, payable in 2027. He will receive a one‑time $500,000 sign‑on bonus and a one‑time $250,000 2025 performance bonus, both subject to repayment in full if he resigns without Good Reason or is terminated for Cause within six months of the relevant payment.
On the Effective Date, he will be granted RSUs equal to $2,000,000 divided by the 10‑Day VWAP and performance‑based RSUs equal to $1,000,000 divided by the 10‑Day VWAP. The performance RSUs vest in thirds if the Class A common stock trades at or above $3.00, $4.50 and $6.00 per share for 20 consecutive trading days before the fifth anniversary of grant, with specified change‑in‑control acceleration terms. Interim CFO Megan Carlson will step down from that role on the Effective Date but continue as Chief Accounting Officer and Senior Vice President of Finance & Accounting, and she was awarded a $200,000 cash retention bonus payable after December 31, 2026, contingent on continued employment.
Butterfly Network (NYSE:BFLY) filed an 8-K detailing two material events.
- Q2-25 earnings release: A press release with results and business update was furnished as Exhibit 99.1; no financial figures are included in this filing.
- CFO transition: Executive VP & Chief Financial & Operations Officer Heather C. Getz will step down effective 1-Aug-25, immediately after the company files its Q2-25 Form 10-Q. She remains an employee until 15-Aug-25 and will serve as an advisor through 15-Mar-26.
The company states the resignation is not due to any disagreement on accounting or operations. Getz will receive a $430,500 cash severance, an $33,475 monthly advisory fee, and COBRA reimbursement while advising.
Megan Carlson (42), current Chief Accounting Officer & SVP Finance, is appointed Interim CFO on 1-Aug-25. Her $350 k base salary will be supplemented by a $5,833 monthly stipend during the interim period. A search for a permanent CFO is underway.
The separation (Ex. 10.1) and advisory (Ex. 10.2) agreements are attached; no related-party transactions or familial relationships were disclosed.