Filing Flows › Butterfly Network (BFLY) › Q2 2026 › vs Q1 2026
Butterfly Network (BFLY) Q2 2026 vs Q1 2026 (quarter over quarter)
Butterfly Network's revenue rose $6.1M (+23%) from $26.5M in Q1 2026 to $32.6M in Q2 2026. The biggest changes: Software and other services +$5.0M (+42%); Product +$1.1M (+7%).
Butterfly Network, Q2 2026: revenue $32.6M (+40% year over year), operating margin -41.9%, net loss $12.9M, operating cash flow −$16.3M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Software and other services | $16.9M | $11.9M | $5.0M | +42% |
| Product | $15.7M | $14.7M | $1.1M | +7% |
| Revenue | $32.6M | $26.5M | $6.1M | +23% |
| Other income, net | $754K | $1.2M | −$442K | -37% |
| Net loss | $12.9M | $12.7M | $233K | +2% |
| Costs & expenses | $46.3M | $40.4M | $5.9M | +15% |
| Operating costs | $46.3M | $40.4M | $5.9M | +15% |
| Cost of revenue | $9.3M | $8.2M | $1.1M | +13% |
| Research & development | $10.5M | $9.5M | $1.0M | +11% |
| Sales & marketing | $11.5M | $11.4M | $50K | +0.4% |
| General & admin | $11.4M | $10.8M | $537K | +5% |
| Other operating costs | $3.6M | $385K | $3.2M | +832% |
| Operating cash sources | $23.3M | $19.4M | $3.9M | +20% |
| Share-based compensation | $7.0M | $5.5M | $1.5M | +27% |
| Cash used in operations | $16.3M | $13.9M | $2.4M | +17% |
| Net loss absorbed | $12.9M | $12.7M | $233K | +2% |
| Working capital & other | $10.4M | $6.8M | $3.6M | +54% |
Questions
How much did Butterfly Network's revenue grow quarter over quarter in Q2 2026?
Butterfly Network's revenue rose $6.1M (+23%) from $26.5M in Q1 2026 to $32.6M in Q2 2026.
What drove Butterfly Network's revenue change in Q2 2026?
Software and other services +$5.0M (+42%); Product +$1.1M (+7%).