Butterfly Network
BFLY
8.27
-0.43
-4.94%
Butterfly Network
US · BFLY
#2650 by market cap
Listed 1970
8.27
-0.43
-4.94%
Live - 5344 symbols - heartbeat 65s ago
· 2026-10-08 07:00
Pre-market
8.15
-1.45%
After-hours
8.32
+0.60%
Overnight
8.25
-0.24%
- Market cap
- 2.20B
- P/E (TTM)i
- -28.52
- P/Bi
- 11.63
- EPSi
- -0.31
- Div yieldi
- 0.00%
- 52W posi
- 77%
Reader sentiment
Are you bullish or bearish on BFLY?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 9.10, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 7 years
Latest year +18.96% YoY
Margins
- Gross margin
- 46.85%
- Operating margin
- -88.53%
- Net margin
- -78.95%
Key ratios & quality
- Altman Z-Scorei
- 9.10
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 27.58M | 46.25M | 62.57M | 73.39M | 65.90M | 82.06M | 97.61M |
| Gross profit | -20.90M | -61.22M | 17.05M | 39.46M | 16.86M | 48.83M | 45.73M |
| Selling & admin expenses | 32.47M | 50.66M | 135.32M | 144.44M | 106.85M | 85.44M | 95.89M |
| Research & development | 48.93M | 49.74M | 74.46M | 88.04M | 55.62M | 37.80M | 36.26M |
| Operating profit | -102.30M | -161.62M | -192.73M | -193.02M | -145.61M | -74.41M | -86.42M |
| Pretax profit | -99.70M | -162.71M | -32.29M | -168.68M | -133.62M | -72.52M | -76.95M |
| Tax | 0 | 39.00K | 121.00K | 42.00K | 82.00K | -32.00K | 110.00K |
| Net profit | -99.70M | -162.75M | -32.41M | -168.72M | -133.70M | -72.49M | -77.06M |
| Basic EPS | -16 | -27 | 0 | -1 | -1 | 0 | 0 |
| Diluted EPS | -16.46 | -26.87 | -0.19 | -0.84 | -0.65 | -0.34 | -0.31 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 21.23M | 23.38M | 21.49M | 31.51M | 26.53M | 32.61M |
| Gross profit | 13.38M | 14.89M | -3.76M | 21.22M | 18.29M | 23.29M |
| Selling & admin expenses | 21.92M | 22.68M | 22.67M | 28.61M | 22.62M | 26.41M |
| Research & development | 9.92M | 8.32M | 8.70M | 9.32M | 9.54M | 10.54M |
| Operating profit | -18.47M | -16.10M | -35.13M | -16.71M | -13.87M | -13.66M |
| Pretax profit | -13.96M | -13.81M | -33.96M | -15.23M | -12.68M | -12.91M |
| Tax | 7.00K | 20.00K | 16.00K | 67.00K | 0 | 0 |
| Net profit | -13.97M | -13.83M | -33.97M | -15.29M | -12.68M | -12.91M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.06 | -0.06 | -0.13 | -0.06 | -0.05 | -0.05 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Total current assets | -- | 97.33M | 511.90M | 357.14M | 231.26M | 192.61M | 249.10M |
| Cash & ST investments | -- | 60.21M | 422.84M | 237.81M | 134.44M | 88.78M | 150.49M |
| Inventory | -- | 25.81M | 36.24M | 59.97M | 73.02M | 70.79M | 61.39M |
| Total assets | -- | 147.19M | 571.97M | 417.57M | 304.27M | 256.08M | 296.53M |
| Total current liabilities | -- | 69.70M | 49.83M | 51.33M | 44.27M | 48.22M | 65.12M |
| Short-term debt | -- | -- | 1.39M | 1.93M | 2.19M | 2.44M | 2.68M |
| Long-term debt | -- | 53.89M | -- | -- | -- | -- | -- |
| Total liabilities | -- | 509,122,000.00 | 124,274,000.00 | 92,210,000.00 | 84,221,000.00 | 87,250,000.00 | 100,554,000.00 |
| Total equity | -- | -361.93M | 447.69M | 325.36M | 220.05M | 168.83M | 195.98M |
| Retained earnings | -- | -394.81M | -427.22M | -595.94M | -729.64M | -802.13M | -879.19M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 257.38M | 253.75M | 241.39M | 249.10M | 239.79M | 237.95M |
| Cash & ST investments | 155.21M | 148.14M | 144.23M | 150.49M | 137.95M | 124.66M |
| Inventory | 69.31M | 68.91M | 62.23M | 61.39M | 59.30M | 58.56M |
| Total assets | 318.41M | 313.28M | 290.00M | 296.53M | 285.92M | 283.00M |
| Total current liabilities | 42.48M | 44.67M | 50.33M | 65.12M | 59.58M | 58.60M |
| Short-term debt | 2.50M | 2.56M | 2.62M | 2.68M | 2.74M | 2.80M |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 78,716,000.00 | 80,472,000.00 | 86,172,000.00 | 100,554,000.00 | 94,700,000.00 | 93,595,000.00 |
| Total equity | 239.70M | 232.81M | 203.83M | 195.98M | 191.22M | 189.40M |
| Retained earnings | -816.10M | -829.93M | -863.90M | -879.19M | -891.87M | -904.78M |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -120.43M | -81.70M | -189.19M | -169.12M | -98.82M | -41.71M | -12.70M |
| Depreciation & amortization | 758.00K | 1.32M | 2.09M | 5.94M | 10.57M | 10.34M | 8.08M |
| Free cash flow | -124.90M | -84.08M | -197.06M | -187.42M | -104.60M | -44.40M | -16.05M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 0 | -- | -- | -- | 0 | 0 | 81.01M |
| Ending cash balance | 90.00M | 60.21M | 426.84M | 166.83M | 138.65M | 92.79M | 154.50M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -11.68M | -7.17M | -2.89M | 9.03M | -13.89M | -16.27M |
| Depreciation & amortization | 2.36M | 2.08M | 1.89M | 1.75M | 1.81M | 1.66M |
| Free cash flow | -12.03M | -8.06M | -3.90M | 7.95M | -14.84M | -17.24M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 81.11M | -103.00K | 0 | 0 | 0 | 0 |
| Ending cash balance | 159.23M | 152.15M | 148.25M | 154.50M | 141.97M | 128.67M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -75.58 | -43.65 | -49.03 | -37.28 | -42.25 |
| ROA %i | -- | -110.57 | -9.01 | -34.10 | -37.04 | -25.87 | -27.89 |
| ROIC %i | -- | -- | -39.75 | -41.10 | -46.35 | -34.92 | -39.48 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- | -49.56 |
| EBIT margin %i | -361.44 | -349.31 | -50.57 | -229.84 | -202.76 | -86.85 | -77.31 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- | -- |
| Current ratioi | -- | 1.40 | 10.27 | 6.96 | 5.22 | 3.99 | 3.83 |
| Quick ratioi | -- | 0.95 | 8.73 | 4.92 | 3.34 | 2.27 | 2.72 |
| Debt / assetsi | -- | 36.62 | 5.08 | 7.64 | 8.23 | 8.92 | 6.88 |
| LT debt / equityi | -- | -- | 6.19 | 9.21 | 10.38 | 12.08 | 9.04 |
| Interest coveragei | -- | -141.60 | -48.60 | -84,339.50 | -- | -56.51 | -50.65 |
| Revenue CAGR (3Y) %i | -- | -- | -- | 38.57 | 12.53 | 9.46 | 9.97 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -29.16 | -29.42 | -41.42 | -42.25 | -35.17 | -35.46 |
| ROA %i | -21.47 | -21.43 | -28.77 | -27.89 | -25.08 | -25.11 |
| ROIC %i | -27.95 | -28.28 | -39.08 | -39.48 | -33.07 | -33.29 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -74.06 | -70.25 | -88.76 | -77.31 | -72.15 | -65.48 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 6.06 | 5.68 | 4.80 | 3.83 | 4.02 | 4.06 |
| Quick ratioi | 4.12 | 3.87 | 3.35 | 2.72 | 2.74 | 2.72 |
| Debt / assetsi | 6.99 | 6.91 | 7.25 | 6.88 | 6.91 | 6.75 |
| LT debt / equityi | 8.24 | 8.20 | 9.03 | 9.04 | 8.90 | 8.60 |
| Interest coveragei | -48.48 | -44.98 | -54.79 | -50.65 | -52.21 | -54.96 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Software and other services is the largest reported line at 51.80% of revenue, across 2 reported segments.
- Product follows at 48.20%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Software and other services51.80%
Product48.20%
Quote time 2026-10-08 07:00:16 · For reference only, not investment advice and not tailored to your situation.