Butterfly Network Q1 Sales Seen at $26.1M; 2026 Revenue Forecast Raised to $118.7M
Butterfly Network’s Q1 2026 revenue is forecast at $26.07 million with EPS of -$0.07 and full-year 2026 revenue estimates have risen to $118.68 million from $106 million. Analysts also lifted 2027 revenue forecasts to $142.33 million and EPS projections improved to -$0.23 for 2026 and -$0.21 for 2027.
1. Q1 2026 Earnings Preview
Butterfly Network is scheduled to report Q1 2026 results on April 30, with revenue consensus at $26.07 million and EPS forecast at -$0.07 per share. Investors will focus on device sales growth and improving margins as the company works to narrow its losses.
2. Estimate Trend Upgrades
Full-year 2026 revenue forecasts have climbed to $118.68 million from $106 million over the past 90 days, while 2027 estimates rose to $142.33 million from $125.97 million. Earnings projections improved to -$0.23 per share for 2026 and -$0.21 for 2027.
3. Q4 2025 Beat Overview
In the quarter ended December 31, 2025, revenue reached $31.51 million, exceeding expectations by 21.6%, and EPS of -$0.06 met analysts’ forecasts. The strong beat triggered a one-day share surge of over 50%.
4. Analyst Projections
Analysts’ average 12-month price target sits at $5.56, implying a 7.8% upside, while one valuation model pegs fair value at $2.63, suggesting a 49% downside. The consensus recommendation of 1.8 reflects an ‘Outperform’ stance.