earnings
confidence high
sentiment neutral
materiality 0.70
Butterfly Network Q3 rev $21.5M (+5% YoY); GAAP loss $34M on inventory write-down; FY guidance reaffirmed
Butterfly Network, Inc.
2025-Q3 EPS reported
-$0.25
revenue$66,096,000
- Revenue $21.5M, up 5% YoY from $20.6M; adjusted gross margin 63.9% vs 60.0% prior year.
- GAAP net loss $34.0M vs $16.9M prior year, including $17.4M excess inventory write-down.
- Adjusted EBITDA loss narrowed to $8.1M from $8.4M; adjusted EPS -$0.04 vs -$0.05.
- Cash burn hit record low $3.9M; cash and equivalents $144.2M.
- FY2025 guidance: revenue $91-95M (~13% growth); adj. EBITDA loss $32-35M (narrowed).