Filing Flows › Butterfly Network (BFLY) › Q3 2026
Butterfly Network (BFLY) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Butterfly Network (BFLY) reported revenue of $32.6M for the third quarter 2026 (Q3 2026), +52% from a year earlier and 0% from the quarter before. Operating margin was -41.7%, net loss $12.8M (39.3% of revenue).
Butterfly Network, Q3 2026: revenue $32.6M (+52% year over year), operating margin -41.7%, net loss $12.8M, operating cash flow −$2.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $32.6M | 0% | +52% |
| Operating profit | −$13.6M | — | — |
| Net earnings | −$12.8M | — | — |
| Operating cash flow | −$2.3M | — | — |
What changed
Revenue was $32.6M in Q3 2026, up 52% year over year and roughly flat from the previous quarter. Software and other services was the largest line at 52% of revenue. Software and other services added $10.0M year over year (up 145%), 90% of the total change.
Gross margin was 73.0%. Operating costs exceeded revenue by $13.6M, an operating margin of -41.7%. The fastest-growing cost line was Other operating costs (+47%). The quarter ended with a net loss of $12.8M, narrower than the previous quarter's $12.9M loss.
Operating cash flow was −$2.3M. Non-cash charges added back $6.7M of share-based compensation. Working capital and other items added $3.8M. Capital expenditures of $1.1M exceeded it, leaving free cash flow of −$3.4M.
Questions
What was Butterfly Network's revenue in the third quarter 2026?
Butterfly Network (BFLY) reported revenue of $32.6M for the third quarter 2026 (Q3 2026), +52% from a year earlier and 0% from the quarter before.
Was Butterfly Network profitable in the third quarter 2026?
Operating loss was $13.6M (-41.7% of revenue) and net loss $12.8M.
Source: Butterfly Network 10-Q on SEC EDGAR.