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BFLY
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BFLYButterfly Network, Inc.
$6.37$1.7B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
BFLY logo

Butterfly Network, Inc.

BFLY
NYSE · Medical Imaging & Radiation
$6.37
At close - Nov 6, 4:00 PM EST - USD
Market Cap$1.7B
P/E-31.6x
52W High$10.21
Volume3.47M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Revenue Re-Acceleration Meets Persistent Operating Cash Burn

Butterfly Network's revenue has re-accelerated to $32.6M in 2026Q3 with 51.7% year-over-year growth and gross margin has expanded to 73.0%, suggesting improving unit economics and product mix.

GrowthExpanding
ProfitabilityWeak
ValuationReview
TechnicalsMixed
Explore valuation models
MARKET ACTION

BFLY price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

-212% Peers

P/E is 212% below peer median

03

Market leadership

RS 78 · Avg

Average momentum (RS Rating: 78)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Jan 29

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
BFLY+69.87%
S&P 500 (^GSPC)+7.63%
1-Year Return
BFLY+183.11%
S&P 500 (^GSPC)+9.69%
3-Year Return
BFLY+506.67%
S&P 500 (^GSPC)+81.44%
5-Year Return
BFLY-37.61%
S&P 500 (^GSPC)+63.16%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
-31.6x
Forward P/E
N/A
EV/EBITDA
N/A
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-31.6x
N/A
N/A
EV/EBITDA
N/A
N/A
N/A
Price/FCF
N/A
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$0.75-88.2%
Base (Fair)$0.99-84.5%
Bull$0.86-86.5%
$0.75 Bear$0.99 Base$0.86 Bull
Current Market Price: $6.37
Trades at a 543.4% premium to Base DCF ($0.99)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$98M+19.0% YoY
Net income FY25
-$77M-6.3% YoY
Free cash flow FY25
-$16M+63.9% YoY
Operating margin FY25
-88.5%+2.2 pts YoY
ROIC (FY25)-76.8%
Avg ROIC 5Y-187.4%
ROE (TTM)-28.2%
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate11/12 (92%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 29, 2026
-$0.01+71.7%
vs -$0.04
$33M+14.9%
vs $28M
Q3 2026
Jul 30, 2026
-$0.01+71.4%
vs -$0.04
$33M+11.8%
vs $29M
Q2 2026
Apr 30, 2026
-$0.03+25.0%
vs -$0.04
$27M+1.7%
vs $26M
Q1 2026
Feb 26, 2026
-$0.02+50.0%
vs -$0.04
$32M+21.6%
vs $26M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·Oct 13, 2026
The Edward Via College of Osteopathic Medicine (VCOM) and Butterfly Network Announce Long-Term Alliance to Build New Model for Ultrasound Education

BURLINGTON, Mass. & BLACKSBURG, Va.--(BUSINESS WIRE)---- $BFLY #POCUS--The Edward Via College of Osteopathic Medicine (VCOM) and Butterfly Network, Inc. (NYSE: BFLY), a pioneer and leader in semiconductor-based ultrasound devices, cloud software and AI, today announced a long-term alliance and joint investment in establishing VCOM and its students as a center of excellence for ultrasound education and community care. The first-of-its-kind program combines one-probe-per-student deployment, integrated education a.

Defense World·Oct 11, 2026
Butterfly Network (NYSE:BFLY) Shares Up 6.6% – Here’s What Happened

Butterfly Network, Inc. (NYSE: BFLY - Get Free Report)'s stock price was up 6.6% on Friday. The company traded as high as $8.64 and last traded at $8.5560. Approximately 821,958 shares were traded during mid-day trading, a decline of 87% from the average session volume of 6,461,176 shares. The stock had previously closed at $8.03. Analysts

InvestorPlace·Oct 9, 2026
Beyond Elon Musk's Neuralink: Two Public Stocks With a Stake in the Brain Race

Elon Musk's Neuralink is giving us a glimpse of a future in which the human brain can communicate directly with computers. For investors, there's just one problem: You can't buy Neuralink stock.

Investor Place·Oct 9, 2026
2 Brain-Computer Interface Stocks to Watch While Neuralink Stays Private

Neuralink is private, but Butterfly Network and Quantum-Si offer two very different public-market angles on brain-computer interfaces.

Filtered for Butterfly Network, Inc.More Headlines
04

Compare before deciding

Benchmark BFLY against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Butterfly Network, Inc. (BFLY)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BFLY logoBFLYButterfly Network, Inc.Current
$6.37$1.7B-31.6118.96%-43.56%-28.22%—
SONO logoSONOSonos, Inc.
$16.41$1.94B-52.44-4.93%-2.54%-9.55%—
INVA logoINVAInnoviva, Inc.
$19.10$1.41B7.1218.52%43.79%15.84%—
AEYE logoAEYEAudioEye, Inc.
$12.37$154.54M-52.7714.52%-7.12%-74.71%—
PRCT logoPRCTPROCEPT BioRobotics Corporation
$20.62$1.17B-10.2937.22%-32.6%-33.23%—
EW logoEWEdwards Lifesciences Corporation
$102.14$58.81B57.7711.55%15.3%9.65%—

Compare BFLY vs Peers

Butterfly Network, Inc. (BFLY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SONO

Most directly comparable listed peer for BFLY.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare BFLY against a more recognizable public peer.

Peer Set

Compare Top 5

vs SONO, INVA, AEYE, PRCT

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

BFLY SEC Filings & Documents

Butterfly Network, Inc. (BFLY) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Oct 29, 2026·SEC

Material company update

Oct 5, 2026·SEC

Material company update

Aug 11, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Mar 4, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Oct 29, 2026·SEC

FY 2026

Jul 30, 2026·SEC

FY 2026

Apr 30, 2026·SEC

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BFLY Frequently Asked Questions

Butterfly Network, Inc. (BFLY) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Butterfly Network, Inc.'s revenue?

Butterfly Network, Inc. (BFLY) reported $123.3M in revenue over the trailing twelve months. Revenue was $97.6M in fiscal year 2025. That is 6296% more than the $1.5M of fiscal year 2018.

How fast is Butterfly Network, Inc. growing?

Butterfly Network, Inc. (BFLY) grew revenue by 39.4% over the trailing twelve months, compared with the twelve months before.

Is BFLY profitable?

No. Butterfly Network, Inc. (BFLY) reported a net loss of $53.7M over the trailing twelve months.

Dividend & Returns
What is BFLY's return on equity?

Butterfly Network, Inc. (BFLY) had a return on equity (ROE) of -28.2% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is Butterfly Network, Inc.'s free cash flow?

Butterfly Network, Inc. (BFLY) had negative free cash flow of $27.6M over the trailing twelve months.

What if you invested $1,000 in BFLY back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →