10-Q quarterly report · filed Jul 30, 2026

Butterfly Network, Inc. (BFLY) Q2 2026 10-Q Quarterly Report

Short answer

Butterfly Network, Inc. (BFLY) filed its Q2 2026 10-Q quarterly report on Jul 30, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $33M (up 39.5% year over year) with net income of −$13M.

Q2 2026 key financials · XBRL

Revenue
$33M
+39.5% YoY · +22.9% QoQ
Net income
−$13M
+6.7% YoY · −1.8% QoQ
Operating margin
-41.9%
Gross margin
71.4%
EPS (diluted)
−$0.05
+16.7% YoY · +0.0% QoQ

Source: XBRL data from the Butterfly Network, Inc. (BFLY) Q2 2026 10-Q on SEC EDGAR. USD.

Butterfly Network, Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $32.6M, up 39.5% YoY from $23.4M
  • Gross margin 71.4% vs 63.7% YoY; net loss $12.9M vs $13.8M
  • Best performer software and services, $16.9M, up 149.8%; product revenue $15.7M, down 5.4%
  • Cash $124.7M; quarterly operating cash usage $13.3M
  • Outlook: cash sufficient for at least 12 months; litigation liabilities and legal costs increased $4.0M and $2.0M

Risk Factors

  • No material changes to risk factors from the 2025 Form 10-K
  • No newly added quarterly risk factor disclosed
  • No materially updated regulatory, legal, or compliance risk disclosed
  • Carried-forward operational, competitive, market, liquidity, debt, and currency risks remain governed by the 2025 Form 10-K

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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