Short answer
Butterfly Network, Inc. (BFLY) filed its Q1 2026 10-Q quarterly report on Apr 30, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $27M (up 25.0% year over year) with net income of −$13M.
Q1 2026 key financials · XBRL
- Revenue
- $27M
- +25.0% YoY
- Net income
- −$13M
- +9.2% YoY
- Operating margin
- -52.3%
- Gross margin
- 68.9%
- EPS (diluted)
- −$0.05
- +16.7% YoY
Source: XBRL data from the Butterfly Network, Inc. (BFLY) Q1 2026 10-Q on SEC EDGAR. USD.
Butterfly Network, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $26.5M, up 25.0% YoY from $21.2M
- Gross margin 68.9% vs 63.0% YoY; net loss $12.7M vs $14.0M
- Software and services best performer: $11.9M, up 68.2%; product revenue $14.7M, up 3.5%
- Cash $138.0M; operating cash used $13.9M vs $11.7M YoY
- Management expects liquidity sufficient for at least 12 months; increased internal-use software investment as headwind
Risk Factors
- No material changes to 2025 Form 10-K risk factors
- Regulatory risk unchanged from annual filing
- Operational and competitive risks unchanged from annual filing
- Financial risks unchanged from annual filing
- Insider selling risk: plan authorizes up to 7,799,818 shares beginning July 14, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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