Butterfly Network reported Q4 2025 revenue of USD 31.5 million (+41.0%), including USD 26.8 million in the U.S. (+55.0%) and USD 4.7 million international (-6.0%). Q4 gross margin was 67.3% (adjusted: 67.5%), with a Q4 net loss of USD 15.3 million and adjusted EBITDA loss of USD 3.2 million; adjusted EPS was (USD 0.02). Cash and cash equivalents were USD 150.5 million at December 31, 2025. For FY 2026, Butterfly Network guided for revenue of USD 117 million to USD 121 million and an adjusted EBITDA loss of USD 21 million to USD 25 million. In business updates, Butterfly Network said its Midjourney co-development partnership contributed USD 6.8 million of Q4 revenue and referenced expected payments of up to USD 74 million over five years under the broader agreement. The company also highlighted the Q4 launch of its Compass AI enterprise software, achieving GovRAMP and TX-RAMP certifications, plans to release its 3D beam steering API to third parties via the Butterfly Garden program, progress on its semiconductor roadmap including moving the P5.1 chip into production and advancing Apollo development, and an expectation to finalize its first commercial HomeCare agreement by mid-2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Butterfly Network Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602260630BIZWIRE_USPR_____20260226_BW681361) on February 26, 2026, and is solely responsible for the information contained therein.