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Butterfly Network, Inc. (BFLY)

6.39 -1.12 (-14.91%)
At close: 4:00:02 PM EDT
6.41 +0.02 (+0.31%)
After hours: 6:37:10 PM EDT
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BFLY Q3 2026 earnings call
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7m ago
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Butterfly Network delivered strong third-quarter execution, with revenue up 52% year over yearand record adjusted gross margin. Management raised 2026 guidance, while enterprise contracts, federal authorization, Embedded partnerships, and new ultrasound products expand the growth pipeline.

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  • Previous Close 7.51
  • Open 7.18
  • Bid 6.36 x 130000
  • Ask 6.38 x 630000
  • Day's Range 6.29 - 7.06
  • 52 Week Range 1.90 - 10.21
  • Volume 7,467,278
  • Avg. Volume 5,492,671
  • Market Cap (intraday) 1.709B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) --
  • EPS (TTM) -0.29
  • Earnings Date Oct 29, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 11.17
  • Zacks Rating Neutral

Butterfly Network, Inc. develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. The company offers Butterfly iQ+ and iQ3 ultrasound devices that can perform whole-body imaging on a single handheld probe integrated with the clinical workflow, and accessible on a user's smartphone, tablet, and almost any hospital computer system; Butterfly Move, merging the mobility of a handheld with the stability of a full cart system; and iQ+ Bladder, a specialty product for bladder scanning market. It also provides Compass AI which offers one system to connect every device, workflow, and department; ScanLab, an AI-powered educational platform that provides written walkthroughs and reference imagery to guide real-time educational scanning; and Butterfly iQ+/iQ3 Vet, a third generation handheld ultrasound system. It sells and markets its products through a direct sales force, distributors, and e-commerce channels. Butterfly Network, Inc. was founded in 2011 and is headquartered in Burlington, Massachusetts.

www.butterflynetwork.com

220

Full Time Employees

December 31

Fiscal Year Ends

Healthcare

Sector

Medical Devices

Industry

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

BFLY
68.16%
S&P 500 (^GSPC)
10.73%

1-Year Return

BFLY
213.24%
S&P 500 (^GSPC)
11.11%

3-Year Return

BFLY
687.92%
S&P 500 (^GSPC)
81.91%

5-Year Return

BFLY
38.08%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 32.6M
Earnings -12.81M
Profit Margin -39.29%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

-10M
0
10M
20M
30M
-48.0%
-46.0%
-44.0%
-42.0%
-40.0%

Analyst Insights

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Analyst Price Targets

10.00
11.17 Average
6.39 Current
15.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/12/2026
Analyst Canaccord Genuity
Rating Action Initiated
Rating Buy
Price Action Announces
Price Target 10

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -43.56%

  • Return on Assets (ttm)

    -6.41%

  • Return on Equity (ttm)

    -27.65%

  • Revenue (ttm)

    123.25M

  • Net Income Avi to Common (ttm)

    -53.69M

  • Diluted EPS (ttm)

    -0.29

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    122.3M

  • Total Debt/Equity (mrq)

    8.43%

  • Levered Free Cash Flow (ttm)

    2.88M

Company Insights

Research Reports

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