Butterfly Network, Inc.BFLY
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 year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 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.
- Butterfly Network, Inc. summary
- Butterfly Network, Inc. financial statements
- Butterfly Network, Inc. key metrics
- Butterfly Network, Inc. health scores and style box
- Butterfly Network, Inc. earnings
- Butterfly Network, Inc. dividends
- Butterfly Network, Inc. valuation
- Butterfly Network, Inc. ownership and insiders
- Butterfly Network, Inc. peers
Figures from Butterfly Network, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.