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Butterfly Network, Inc.

BFLY

$8.84 ▲ +0.54 (+6.45%) at close

8 Visible periods

30 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

Butterfly Network, Inc. faces fundamental challenges with weakness in Return on Common Equity (%) and Profit Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $2.2B

Dividend Yield —

Revenue Growth 19.0% ↘

Op. Margin -88.5% ↗

ROIC -44.2% →

FCF / Share $-0.06 ↗

Trailing P/E —

Price / Book 11.2x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

8-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$97.61M

↑ +19.0% —

Net Income Profit after all expenses

$-77.06M

↓ -6.3% —

Operating Margin Operating profit as % of sales

-88.5%

↑ +2.4% 3th

FCF / Share Free cash flow per share

$-0.06

↑ +69.0% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile
Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability ↑

Returns ↓

Financial Health ↑

Cash Quality ↓

Dividend History

Dividend / share · sourced from SEC filings

$0.00 Latest / share

FY 2018

FY 2019

FY 2020

$0.00

FY 2021

$0.00

FY 2022

$0.00

FY 2023

FY 2024

$0.00

FY 2025

Financial view

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Revenue Growth YoY (%)	19.0% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+279%)	24.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+390%)	-10.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-304%)	17.3% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+246%)	35.3% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+605%)	67.7% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1254%)	—	—
EPS Growth YoY (%)	8.8% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	47.7% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	22.6% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	-342.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	99.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-57.3% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	-6.3% Weak ↑ Weak Improving Year-over-year change in net income	45.8% Excellent ↑ Excellent Improving Year-over-year change in net income	20.8% Good ↑ Good Improving Year-over-year change in net income	-420.6% Weak ↓ Weak Declining Year-over-year change in net income	80.1% Excellent Excellent Year-over-year change in net income	-63.2% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%)	69.0% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	58.8% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	45.7% Excellent → Excellent Stable Year-over-year change in free cash flow	17.3% Good ↓ Good Declining Year-over-year change in free cash flow	91.8% Excellent Excellent Year-over-year change in free cash flow	35.1% Excellent Excellent Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	10.0% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	9.5% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	12.5% Good Good Compound annual revenue growth over 3 years	38.6% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	16.1% Excellent Excellent Compound annual revenue growth over 5 years	24.4% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Operating Margin (%) (%)	-88.5% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-838%)	-90.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-856%)	-221.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1941%)	-263.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2292%)	-308.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2667%)	-349.4% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-3012%)	-370.9% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-3191%)	—
Effective Tax Rate (%) (%)	-0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.4% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—
Profit Margin (%) (%)	-79.0% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1087%)	-88.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1204%)	-202.9% Weak → Weak Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2636%)	-229.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2974%)	-51.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-748%)	-351.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-4498%)	-361.4% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-4618%)	—
FCF Margin (%) (%)	-16.4% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-54.1% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-158.7% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-255.4% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-315.0% Weak → Weak Stable Free cash flow as a percentage of revenue Optimal: > 10%	-181.8% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-452.8% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.21x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.61x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.78x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	1.11x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	6.08x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.52x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	1.25x Good Good Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Return on Invested Capital (%)	-44.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-44.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-66.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-59.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-43.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	44.7% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	38.1% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-29.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-29.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-47.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-46.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-33.7% Weak Weak Operating profit relative to total assets Optimal: > 10%	-109.8% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-39.3% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-362%)	-42.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-386%)	-60.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-505%)	-51.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-446%)	-7.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-148%)	45.0% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+200%)	47.0% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+213%)	—

⚖️ Is the balance sheet risky? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Interest Coverage (x)	-106.69x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-391.64x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	—	-96510.00x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-296.05x Weak Weak Operating income divided by interest expense Optimal: > 5x	-141.65x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—
Net Debt (USD)	$-150.49M	$-88.78M	$-134.44M	$-162.56M	$-422.84M	$-60.21M	$-90.00M	—

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Revenue per Share (USD)	$0.39	$0.39	$0.32	$0.37	$0.36	$7.64	$4.72	—
Basic EPS, GAAP (USD)	$-0.31	$-0.34	$-0.65	$-0.84	$-0.19	$-26.87	$-17.08	—
Free Cash Flow per Share (USD)	$-0.06	$-0.21	$-0.51	$-0.94	$-1.13	$-13.88	$-21.39	—
Dividend per Share (USD)	$0.00	—	$0.00	$0.00	$0.00	—	—	—
Book Value per Share (USD)	$0.79	$0.80	$1.07	$1.63	$2.58	$-59.76	$-36.36	—
Tangible Book Value per Share (USD)	$0.76	$0.76	$1.02	$1.63	$2.58	$-59.76	$-36.36	—
Basic Weighted Avg Shares (shares)	247.12M	211.68M	205.39M	199.85M	173.81M	6.06M	5.84M	—
Dividend Payout Ratio (%)	0.0% Excellent → Excellent Stable Dividends paid as a percentage of earnings Optimal: 30-60%	—	0.0% Excellent → Excellent Stable Dividends paid as a percentage of earnings Optimal: 30-60%	0.0% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	0.0% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Working Capital (USD)	$183.99M	$144.40M	$186.99M	$305.81M	$462.07M	$27.64M	—	—
Total Equity (USD)	$195.98M	$168.83M	$220.05M	$325.36M	$447.69M	$-361.93M	$-212.28M	$-118.94M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Sales/Revenue/Turnover (USD)	$97.61M	$82.06M	$65.90M	$73.39M	$62.56M	$46.25M	$27.58M	—
Depreciation Expense (USD)	$6.70M	$8.90M	$8.70M	$5.93M	$2.09M	$1.32M	$758.00K	—
Net Income, GAAP (USD)	$-77.06M	$-72.49M	$-133.70M	$-168.72M	$-32.41M	$-162.75M	$-99.70M	—
Operating Cash Flow (USD)	$-12.70M	$-41.71M	$-98.82M	$-169.12M	$-189.19M	$-81.70M	$-120.43M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 8 years · 28 quarters

Butterfly Network, Inc.

Analytical Summary

8-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Dividend History

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