Butterfly Network Q3 net loss narrows 62% to $12.81 million; Q3 revenue rises 52% to $32.6 million

Bitget2026/10/29 10:34

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Butterfly Network’s third-quarter 2026 net loss narrowed 62% year-over-year to $12.8 million.
Revenue climbed 52% to $32.6 million, driven primarily by U.S. Embedded partnerships and increased probe sales volume.
Gross margin reached a record 73%, benefiting from higher-margin Embedded licensing revenue and increased probe sales volume.
FedRAMP authorization opened larger federal opportunities, while Mendaera launched the first commercial partner product using Butterfly technology.
FY26 revenue guidance rose to $123 million–$126 million; fourth-quarter revenue is projected at $31 million–$34 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Butterfly Network Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261029729593) on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Butterfly Network Q3 net loss narrows 62% to $12.81 million; Q3 revenue rises 52% to $32.6 million

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