Butterfly Network, Inc. (BFLY) Stock

About Butterfly Network, Inc.

Butterfly Network, Inc. is led by CEO Joseph DeVivo, publicly traded since 2020.

Butterfly Network, Inc. (BFLY) stock trades at $6.76 with a market capitalization of $1.80B. The stock is valued at a negative price-to-earnings (P/E) ratio of -32.00, reflecting a net loss over the last twelve months, price-to-book of 12.81, price-to-sales of 21.99. Over the past 52 weeks the stock has ranged between $1.90 and $10.05, and currently trades 32.7% below its 52-week high.

On profitability, Butterfly Network, Inc. generates a return on equity (ROE) of -38.36% (negative, reflecting a net loss), return on capital employed of -35.38%, an operating margin of -79.13%, a net profit margin of -66.74%.

Butterfly Network, Inc. by the numbers, 2018–2025

Between 2018 and 2025 Butterfly Network, Inc. reported revenue of $2.0M rising to $98.0M, a change of +4800.0% across 8 years. Compounded, revenue has grown 16.3% a year over five years, 10.3% over three, 19.5% over the last twelve months. Net profit fell to $-77.0M.

Operating margin went from -3478.8% in 2018 to -88.5% in 2025, a gain of 3390.2 percentage points. The most recent net margin is -66.74%. On a trailing twelve-month basis to Jun '26, revenue is $113.0M and net profit $-75.0M.

Borrowings stand at $20.0M, cash from operations was $-13.0M in the latest year, positive in 0 of the last 8.

Return on equity has averaged -40.4% over five years, and was -39.3% in the most recent year.

The share price itself has compounded at -16.9% a year over five years, 33.9% over three, 144.1% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Butterfly Network, Inc. (BFLY) — frequently asked questions