Butterfly Network Q2 revenue $32.6M (+39% YoY), raises FY2026 guidance; adjusted EBITDA loss improves 78%

Butterfly Network, Inc.

Q2 revenue $32.6M, up 39% YoY; gross margin 71.4% (up 770 bps); net loss $12.9M vs $13.8M.
Adjusted EBITDA loss $1.4M, improved 78% from $6.2M; adjusted EPS $(0.01) vs $(0.03).
Raised FY2026 revenue guidance to $119-123M (22-26% growth) and improved adjusted EBITDA loss to $19-23M.
Butterfly Embedded added two new partners (Midjourney, Aleph Neuro); FedRAMP provisional authorization for VA.
Home & Community Care first commercial implementation in H2 2026; regulatory authorization in Brazil.

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