Butterfly Network, Inc. (BFLY) Q4 2025 Earnings Call Transcript
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
Overview
The earnings call summary indicates positive financial performance with a 15% YoY revenue increase, improved gross margins, and reduced net loss. The strategic shift towards integrated solutions and advancements in AI technology are promising. Despite some risks due to macroeconomic factors and regulatory uncertainties, the reaffirmed revenue guidance and upcoming product launches suggest optimism. The lack of negative sentiment in the Q&A further supports a positive outlook. Given these factors, a stock price movement in the positive range (2% to 8%) is expected over the next two weeks.
Key Financial Performance
Revenue Revenue for Q4 2025 was $19.6 million, representing a 15% increase year-over-year. This growth was driven by strong sales in the healthcare sector and increased adoption of our imaging solutions.
Gross Margin Gross margin for Q4 2025 was 55%, up from 50% in Q4 2024. The improvement was due to cost optimization in production and higher sales of premium products.
Net Loss Net loss for Q4 2025 was $12.3 million, an improvement from $15.8 million in Q4 2024. The reduction in net loss was attributed to increased revenue and better cost management.
Operating Expenses Operating expenses for Q4 2025 were $22.5 million, a 5% decrease year-over-year. This was due to reduced marketing expenses and operational efficiencies.
Cash Flow Cash flow from operations for Q4 2025 was negative $5 million, compared to negative $8 million in Q4 2024. The improvement was due to better working capital management.
You have reached the limit. Sign up to access full content
Get started
Operating Highlights
The selected topic was not discussed during the call.
You have reached the limit. Sign up to access full content
Get started
Risk or Challenges
Forward-looking statements: The company acknowledges that forward-looking statements are based on assumptions and expectations that are subject to change. This introduces risks of inaccuracies due to unknown risks, uncertainties, and other factors that may impact actual outcomes.
You have reached the limit. Sign up to access full content
Get started
Guidance & Outlook
Forward-looking statements: Expectations with respect to financial results, future performance, development and commercialization of products and services, potential regulatory approvals, revenue attributable to embedded collaborations through revenue share, chip purchases or otherwise, and the size and potential growth of current or future markets for our products and services.
You have reached the limit. Sign up to access full content
Get started
Shareholder Return Plan
The selected topic was not discussed during the call.
You have reached the limit. Sign up to access full content
Get started
Key Q&A
Q:Review of Unclear Management Responses
A:
You have reached the limit. Sign up to access full content
Get started
Earnings Word Cloud
The most frequently occurring keywords in this quarter's earning call
Benjamin Haynor
Blair LLC
Brackmann Blair
Butterfly Network
CEO President
CFO DeVivo
Capital Markets
Chairman Jennings
Cowen Research
DeVivo CEO
Division Benjamin
Division Brackmann
Division EST
EST Hello
Executive VP
FY name
Gabrielle today
Haynor Lake
Hello Butterfly
Inc FY
Instructions host
Jennings TD
LLC Research
Markets LLC
Network Inc
President Chairman
Research Division
VP CFO
host statement
name Gabrielle
BFLY Transcript
Butterfly Network, Inc. (BFLY) Presents at 46th Annual William Blair Growth Stock Conference Prepared Remarks Transcript
Neutral6-5
Butterfly Network, Inc. (BFLY) Presents at Bank of America Global Healthcare Conference 2026 Prepared Remarks Transcript
Neutral5-12
Butterfly Network, Inc. (BFLY) Q1 2026 Earnings Call Transcript
Unknown4-30
The earnings call reveals a mixed sentiment. Financial performance shows improvement with increased revenue, better gross margins, and reduced net loss, which are positive indicators. However, the lack of guidance and operational updates, alongside the acknowledgment of risks related to forward-looking statements, introduces uncertainty. The absence of a shareholder return discussion further tempers enthusiasm. Given these factors and the lack of market cap data, the overall sentiment is neutral, indicating a potential stock price movement within -2% to 2%.
Ensign Energy Services Inc. (ESI:CA) Q4 2025 Earnings Call Transcript
Unknown3-6
The earnings call summary presents a mixed picture. Positive aspects include the reaffirmation of revenue guidance and advancements in AI product development. However, challenges such as macroeconomic factors, potential delays from a government shutdown, and uncertainties in deal closures temper optimism. The Q&A reveals concerns about oil price impacts, slow developments in Venezuela, and uncertain pricing for drilling contracts. Although there are opportunities in new markets, the lack of strong catalysts and existing uncertainties suggest a neutral stock price movement over the next two weeks.
BFLY Report
Frequently Asked Questions
Where does this earnings call transcript come from?
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
How soon is the transcript available after the earnings call ends?
Full verbatim transcripts are typically published within 4–12 hours after the call ends. Same-day availability is guaranteed for all S&P 500 and most mid-cap companies.
Is the transcript edited or altered in any way?
No material content is ever changed or summarized in the “Full Transcript” section. We only correct obvious spoken typos (e.g., “um”, “ah”, repeated 10 times”, or clear misspoken ticker symbols) and add speaker names/titles for readability. Every substantive sentence remains 100% as spoken.
Why do some answers appear as “Unclear” or “Inaudible”?
When audio quality is poor or multiple speakers talk over each other, we mark the section instead of guessing. This ensures complete accuracy rather than introducing potential errors.
Who creates the AI Summary and Key Q&A highlights shown above the transcript?
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
