Butterfly Network Q3 net loss narrows 62% to $12.81 million; Q3 revenue rises 52% to $32.6 million
Bitget2026/10/29 10:34- Butterfly Network’s third-quarter 2026 net loss narrowed 62% year-over-year to $12.8 million.
- Revenue climbed 52% to $32.6 million, driven primarily by U.S. Embedded partnerships and increased probe sales volume.
- Gross margin reached a record 73%, benefiting from higher-margin Embedded licensing revenue and increased probe sales volume.
- FedRAMP authorization opened larger federal opportunities, while Mendaera launched the first commercial partner product using Butterfly technology.
- FY26 revenue guidance rose to $123 million–$126 million; fourth-quarter revenue is projected at $31 million–$34 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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