Butterfly Network (BFLY) Expected to Post Quarterly Earnings on Thursday

Butterfly Network (NYSE:BFLY) will likely be issuing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of ($0.03) per share and revenue of $29.16 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:00 AM ET.

Butterfly Network (NYSE:BFLY) last announced its earnings results on Thursday, April 30th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.01. Butterfly Network had a negative net margin of 73.63% and a negative return on equity of 34.41%. The company had revenue of $26.53 million for the quarter, compared to analysts’ expectations of $26.08 million. On average, analysts expect Butterfly Network to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

Butterfly Network Trading Up 1.9%

NYSE BFLY opened at $7.20 on Wednesday. Butterfly Network has a 1-year low of $1.32 and a 1-year high of $9.69. The company has a 50 day moving average of $6.48 and a 200-day moving average of $4.94. The company has a market cap of $1.83 billion, a price-to-earnings ratio of -24.01 and a beta of 2.05.

Insiders Place Their Bets

In other Butterfly Network news, CEO Joseph Devivo sold 211,798 shares of the firm’s stock in a transaction on Monday, July 20th. The stock was sold at an average price of $6.56, for a total value of $1,389,394.88. Following the sale, the chief executive officer owned 7,672,046 shares of the company’s stock, valued at approximately $50,328,621.76. This trade represents a 2.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Victor Ku sold 48,540 shares of Butterfly Network stock in a transaction on Monday, July 20th. The shares were sold at an average price of $6.56, for a total value of $318,422.40. Following the completion of the transaction, the chief technology officer owned 1,015,099 shares in the company, valued at approximately $6,659,049.44. The trade was a 4.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 4,840,207 shares of company stock valued at $31,652,184 over the last ninety days. Company insiders own 21.99% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BFLY. BNP Paribas Financial Markets lifted its holdings in shares of Butterfly Network by 139.9% in the third quarter. BNP Paribas Financial Markets now owns 39,010 shares of the company’s stock worth $75,000 after acquiring an additional 22,752 shares during the last quarter. Kovack Advisors Inc. bought a new stake in shares of Butterfly Network during the 4th quarter valued at approximately $73,000. Mercer Global Advisors Inc. ADV acquired a new position in Butterfly Network during the 4th quarter worth approximately $72,000. Hudson Bay Capital Management LP acquired a new position in Butterfly Network during the 4th quarter worth approximately $59,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Butterfly Network by 217.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 14,305 shares of the company’s stock valued at $54,000 after purchasing an additional 9,805 shares during the last quarter. Institutional investors own 37.85% of the company’s stock.

Trending Headlines about Butterfly Network

Here are the key news stories impacting Butterfly Network this week:

• Positive Sentiment: Investor focus is turning to Butterfly Network’s upcoming second-quarter results. Revenue is projected to increase 21.5%, supported by demand for the iQ3 ultrasound system, broader Compass AI adoption and growth in the company’s Embedded business. Strong execution in these areas could reinforce the stock’s recent rally. Can AI Momentum and Embedded Growth Lift BFLY’s Q2 Results?
• Neutral Sentiment: CEO Joseph DeVivo, EVP John N. Doherty and CTO Victor Ku collectively sold approximately 317,000 shares at about $6.56 per share. The transactions were made to cover tax-withholding obligations tied to vested equity awards, which makes them less indicative of a bearish view; the executives continue to hold substantial stakes. SEC filing for executive transactions
• Negative Sentiment: Founder and Director Jonathan Rothberg sold roughly 3.8 million shares for approximately $25.0 million between July 17 and July 22, substantially reducing his direct ownership. Although the sales were executed under a pre-arranged Rule 10b5-1 plan and described as related to estate planning, their size may create overhang and raise investor concerns about insider conviction after BFLY’s large one-year advance. Butterfly Network Founder Rothberg Sells Another 660,000 Shares

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Butterfly Network in a research report on Wednesday, May 6th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $5.56.

About Butterfly Network

Butterfly Network, Inc is a medical technology company focused on democratizing access to diagnostic imaging through its proprietary ultrasound-on-chip platform. The company’s flagship device, the Butterfly iQ, leverages semiconductor technology to deliver whole-body ultrasound imaging in a handheld form factor. This portable system connects to a compatible smart device, enabling point-of-care scanning across a variety of clinical settings.

Beyond its hardware offering, Butterfly Network provides a cloud-based software suite that supports image storage, analysis and remote collaboration.