Butterfly Network posts 51.7% revenue jump in Q3 2026, loss shrinks
Butterfly Network's Q3 2026 revenue rose 51.7% to $32.6M and its net loss narrowed, according to a TradingView summary of its SEC 10-Q filing.
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what happened
Butterfly Network, Inc. said revenue for the third quarter of 2026 reached $32.6 million, a 51.7% gain from a year earlier, according to a summary of its 10-Q filing published by TradingView. The company's net loss shrank to $12.81 million from $33.97 million, and the loss per diluted share fell to $0.05 from $0.13.
Software and services made up 52.1% of quarterly revenue, up 19.8 percentage points, helped by Embedded partnerships including Midjourney. Units fulfilled rose 5.4%, and product revenue climbed 7.4% on probe sales through direct health-system, distributor and eCommerce channels.
Management also reported adding sales, support and development staff, and expects the revenue mix to tilt further toward software and services as device adoption and Embedded deals grow.
why it matters
For investors, the filing points to faster revenue growth and a smaller loss, along with a shift in the revenue mix toward software and services. The update concerns one company rather than the broader market, so its wider sector impact is limited. Investors will likely weigh the growth against the continued losses and the company's expansion of its workforce.
tags
instruments
sources
- Butterfly Network 3Q 2026: Revenue $32.6M, EPS ($0.05) — 10-Q Summary — TradingView, 29 October 2026 at 10:41 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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