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

Butterfly Network (NYSE:BFLY) is expected to be releasing 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. Interested persons may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:00 AM ET.

Butterfly Network (NYSE:BFLY) last issued its quarterly earnings data on Thursday, April 30th. The company reported ($0.03) earnings per share 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 business had revenue of $26.53 million during the quarter, compared to the consensus estimate 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 6.8%

Shares of Butterfly Network stock opened at $7.03 on Tuesday. The company has a fifty day simple moving average of $6.42 and a 200-day simple moving average of $4.92. Butterfly Network has a 12-month low of $1.32 and a 12-month high of $9.69. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of -23.42 and a beta of 2.05.

Insider Activity

In other news, CTO Victor Ku sold 35,649 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $7.87, for a total transaction of $280,557.63. Following the transaction, the chief technology officer directly owned 1,063,639 shares in the company, valued at approximately $8,370,838.93. This trade represents a 3.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP John N. Doherty sold 55,229 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $7.87, for a total transaction of $434,652.23. Following the transaction, the executive vice president owned 1,454,412 shares in the company, valued at approximately $11,446,222.44. This trade represents a 3.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 736,367 shares of company stock worth $4,548,090 over the last ninety days. 21.99% of the stock is owned by corporate insiders.

Institutional Trading of Butterfly Network

Several institutional investors and hedge funds have recently bought and sold shares of BFLY. Northwestern Mutual Wealth Management Co. grew its position in Butterfly Network by 217.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 14,305 shares of the company’s stock worth $54,000 after purchasing an additional 9,805 shares during the last quarter. Blair William & Co. IL raised its holdings in shares of Butterfly Network by 8.4% in the third quarter. Blair William & Co. IL now owns 128,500 shares of the company’s stock valued at $248,000 after buying an additional 10,000 shares during the last quarter. ExodusPoint Capital Management LP purchased a new stake in shares of Butterfly Network in the fourth quarter valued at about $38,000. California State Teachers Retirement System boosted its stake in shares of Butterfly Network by 10.0% during the second quarter. California State Teachers Retirement System now owns 131,640 shares of the company’s stock worth $263,000 after buying an additional 11,985 shares during the period. Finally, Bank of Montreal Can acquired a new stake in shares of Butterfly Network during the fourth quarter worth about $47,000. Hedge funds and other institutional investors own 37.85% of the company’s stock.

Analyst Ratings Changes

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

Butterfly Network Company Profile

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.