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Butterfly Network (BFLY)
NYSE:BFLY
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.06Last Year’s EPS
-0.07Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 02, 2025
|% Change Since: -1.28%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance with significant revenue growth and strategic advancements, particularly in the U.S. market and medical schools. However, international revenue is facing challenges due to funding cuts and economic pressures. The company remains optimistic about overcoming these challenges with its diversified growth strategies.Company Guidance
During the Butterfly Network's first quarter 2025 earnings call, the company announced a 20% revenue growth, reaching $21.2 million, driven by increased sales of the iQ3 probe and higher demand in U.S. sales channels. The gross margin improved to 63%, up from 58% the previous year, with adjusted EBITDA loss reduced from $13.2 million in Q1 2024 to $9.1 million. International revenue grew 9% to $4.6 million, while U.S. revenue increased 24% to $16.6 million. Product revenue rose 25% to $14.2 million, whereas software and other services grew 11% to $7.1 million. The company reiterated its full-year guidance of 20% revenue growth with an adjusted EBITDA loss between $37 million and $42 million, despite economic uncertainties and potential tariff impacts.Strong Revenue Growth
Butterfly Network reported a 20% growth in revenue for Q1 2025, totaling $21.2 million, driven primarily by higher sales volume in U.S. sales channels and the launch of the iQ3 probe.
Improved Gross Margins
Gross margins improved from 58% to 63% year-over-year, attributed to higher average selling prices and reduced software amortization and hosting costs.
Enterprise Hospital Program Success
Butterfly Network is on the verge of signing its second hospital enterprise customer, with a commitment to integrate Butterfly's Compass software throughout their network, following the proliferation of Butterfly probes.
Expansion in Medical Schools
Significant progress in medical schools with more institutions adopting one probe per student programs, creating a sustainable, recurring revenue model.
Launch of Octiv and Butterfly Garden
Continuing progress with the Octiv program, including an upcoming partnership announcement in the generative AI space, and expansion of the Butterfly Garden AI marketplace with new FDA-cleared applications.
BFLY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BFLY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 02, 2025 | $2.34 | $2.33 | -0.43% |
Feb 28, 2025 | $3.73 | $3.62 | -2.95% |
Nov 01, 2024 | $1.78 | $2.03 | +14.04% |
Aug 01, 2024 | $1.01 | $1.13 | +11.88% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Butterfly Network (BFLY) report earnings?
Butterfly Network (BFLY) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Butterfly Network (BFLY) earnings time?
Butterfly Network (BFLY) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BFLY EPS forecast?
BFLY EPS forecast for the fiscal quarter 2025 (Q2) is -0.06.