Q4 2025 Butterfly Network Inc Earnings Call Transcript
Key Points
- Butterfly Network Inc (BFLY) reported a 41% year-over-year revenue growth for Q4 2025, reaching $31.5 million.
- The company achieved positive operating cash flow for the first time, driven by upfront payments from a significant partnership.
- Butterfly Network Inc (BFLY) has expanded its enterprise pipeline by more than 50% following the launch of Compass AI.
- The company has surpassed 1,000 NGO partners worldwide, indicating strong global health momentum.
- Butterfly Network Inc (BFLY) signed a major deal with Midjourney, contributing $6.8 million to Q4 revenue and validating its platform strategy.
- International revenue decreased by 6% year-over-year in Q4 2025, with a significant drop in IQ Plus sales.
- The company anticipates some downward pressure from tariffs, impacting financial performance.
- Butterfly Network Inc (BFLY) faces challenges in the competitive medical device market, as highlighted by external commentary.
- The transition to a semiconductor-based platform requires significant R&D investment and strategic focus.
- The home care business, while promising, is expected to contribute nominal revenue in 2026, with more significant impact anticipated in 2027.
Hello everyone and thank you for joining the Butterfly Network in Q4 and FY 2025 earnings coup.
My name is Gabrielle and I will be coordinating your call today.
During the presentation, you can register a question by pressing followed by 1 on your telephone keypad. If you change your mind, please press followed by 2 on your telephone keypad.
I will now hand over to your host John Doherty.
Please go ahead.
Good morning and thanks to all of you for joining our call today. Earlier, Butterfly released financial results for the 4th quarter and full year ended December 31, 2025. We also provided a business update. The release, which includes a reconciliation of management's use of non-GAAP financial measures compared to the most applicable GAAP measures, are currently available on the investors section of the company's website at Iir.butterflynetwork.com.
I, John Dougherty, Chief Financial Officer of Butterfly, along with Joseph De
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
