Butterfly Network, Inc.BFLY

NYSEHealthcareX-Ray Apparatus & Tubes & Related Irradiation Apparatus
Price (close)
$9.39
Market cap
$2.5B
P/E
—
Revenue (TTM)
$112.1M
Net income
-$74.8M
Dividend yield
—
1-year total return
379.1%
Net margin
-66.7%
Revenue growth
28.1%
Debt / equity
—

What Butterfly Network, Inc. does.

Butterfly is the pioneer of the Ultrasound-on-Chip™ semiconductor platform and a leader in semiconductor-based point-of-care ultrasound technology. We combine proprietary hardware, intuitive software, services and educational offerings that can make ultrasound more accessible than ever before. Our flagship point-of-care solution enables the practical application of ultrasound information into the clinical workflow through affordable ultrasound devices that fit in a healthcare professional’s pocket and pair with cloud-connected software that is easily accessed through a mobile application.

While Butterfly’s core commercial business is in the point-of-care ultrasound (“POCUS”) category, our technology is fundamentally different from incumbent POCUS devices, which we view as mere extensions of cart-based hospital workflows. In contrast, Butterfly’s devices are built on our one-of-a-kind Ultrasound-on-Chip™ semiconductor platform. Our technology is designed for true mobility, not just because it is a single, portable imaging device suitable for any doctor or nurse, but also because it is powered by AI-driven tools, cloud connectivity, and seamless hospital integration. This combination of advanced, cloud-connected software and portable hardware is the key to mobility, allowing Butterfly to support large health systems while also functioning independently of them in remote or resource-limited settings. Wherever a doctor, nurse, or patient braves to go, Butterfly can deliver imaging that adapts to their environment and remains securely connected.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$46.3M$62.6M$73.4M$65.9M$82.1M$97.6M
Net income-$162.7M-$32.4M-$168.7M-$133.7M-$72.5M-$77.1M
Free cash flow-$84.1M-$197.1M-$187.4M-$104.6M-$44.4M-$16.0M

More on BFLY.

Figures from Butterfly Network, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.