The earnings call highlighted significant achievements such as record revenue and strategic advancements in software and AI, indicating strong business potential. However, concerns about macroeconomic conditions and their impact on future revenue, particularly in the domestic market, were evident. The company remains bullish in the long-term but cautious in the short-term.

Company Guidance

During the Butterfly Network's Q2 2025 earnings call, the company reported its highest quarterly revenue to date at $23.4 million, alongside a record gross margin of 64%. Despite macroeconomic challenges, Butterfly reduced its cash usage to $7 million, the lowest for any quarter in its history. The company adjusted its full-year revenue guidance to a range of $91 million to $95 million, citing delays in large deals and uncertainties in funding that impacted its U.S. hospital and global health channels. While U.S. revenue remained flat at $17.2 million, international revenue saw a 19% increase, reaching $6.2 million. The product revenue grew by 13% to $16.6 million, driven by higher average selling prices and chip sales, while software and services revenue remained flat at $6.8 million. Butterfly also highlighted the promising transition of its Butterfly Garden initiative into its commercial phase, with new AI tools enhancing clinical capabilities and the potential for significant revenue growth in its HomeCare segment, showcasing a comprehensive strategy to navigate and capitalize on market dynamics.

Record-Breaking Quarterly Revenue

Butterfly Network reported its highest quarterly revenue in company history at $23.4 million, along with a gross margin reaching an all-time high of 64%.

International Revenue Growth

Total international revenue increased by 19% over the prior year period to $6.2 million, driven by both price and volume due to the international launch of iQ3 and geographic expansion.

Enterprise-Wide Deal Closure

Closed a large enterprise-wide deal with one of the top 5 most recognized health systems in the world, which will be fully deployed in every department and campus.

AI and Software Developments

Launch of Compass AI, a next-generation software platform aimed at reducing documentation steps with advanced AI tools, expected to be a game changer for enterprise customers.

Butterfly Garden Advancements

Butterfly Garden entered its commercial phase with new partners like iCardio and HeartFocus receiving FDA clearance, enhancing the AI tools available to Butterfly users.

Improved Cash Use and Fiscal Discipline

Cash use was the lowest of any quarter at $7 million, with a 24% improvement in adjusted EBITDA driven by higher revenue and gross profit.

Butterfly Network (BFLY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

BFLY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	-0.04 / -	-0.05	―	―	―
Aug 01, 2025	2025 (Q2)	-0.05 / -0.03	-0.074	59.46% (+0.04)	―
May 02, 2025	2025 (Q1)	-0.07 / -0.04	-0.07	42.86% (+0.03)
Feb 28, 2025	2024 (Q4)	-0.08 / -0.05	-0.21	76.19% (+0.16)
Nov 01, 2024	2024 (Q3)	-0.08 / -0.05	-0.13	61.54% (+0.08)
Aug 01, 2024	2024 (Q2)	-0.10 / -0.07	-0.14	47.14% (+0.07)
May 01, 2024	2024 (Q1)	-0.12 / -0.07	-0.17	58.82% (+0.10)	―
Feb 28, 2024	2023 (Q4)	-0.14 / -0.21	-0.17	-23.53% (-0.04)
Nov 02, 2023	2023 (Q3)	-0.15 / -0.13	-0.27	51.85% (+0.14)
Aug 03, 2023	2023 (Q2)	-0.16 / -0.14	-0.18	22.22% (+0.04)	―

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
Aug 01, 2025	$1.71	$1.40	-18.13%
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%

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 Oct 30, 2025, After Close (Confirmed).

What is Butterfly Network (BFLY) earnings time?

Butterfly Network (BFLY) earnings time is at Oct 30, 2025, After Close (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 (Q3) is -0.04.

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