Butterfly Network, Inc. (BFLY)
NYSE · X-Ray Apparatus & Tubes & Related Irradiation Apparatus · Manufacturing · CIK 1804176 · fiscal year ends in Dec
Closing price $6.38 on 30 Oct 2026; 52-week range $1.97 to $9.93.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $123.3M
- Revenue growth
- 39.3%
- Net income, last twelve months
- -$53.7M
- Earnings per share
- -$0.21
- Gross margin
- 70.3%
- Operating margin
- -46.9%
- Net margin
- -43.6%
- Free cash flow
- -$27.6M
- Return on equity
- -29.1%
- Market value
- $1.7B
- Dividend yield
- 0.0%
- Cash
- $122.3M
- Debt
- $0
- Debt to equity
- 0.00
- Shares outstanding
- 267.5M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $97.6M | -$86.4M | -$77.1M | -$0.31 | -$16.0M | 10-K filed 27 Feb 2026 |
| FY2024 | 31 Dec 2024 | $82.1M | -$74.4M | -$72.5M | -$0.34 | -$44.4M | 10-K filed 28 Feb 2025 |
| FY2023 | 31 Dec 2023 | $65.9M | -$145.6M | -$133.7M | -$0.65 | -$104.6M | 10-K filed 4 Mar 2024 |
| FY2022 | 31 Dec 2022 | $73.4M | -$193.0M | -$168.7M | -$0.84 | -$187.4M | 10-K filed 23 Mar 2023 |
| FY2021 | 31 Dec 2021 | $62.6M | -$192.7M | -$32.4M | -$0.19 | -$197.1M | 10-K filed 28 Feb 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sep 2026 | $32.6M | -$12.8M | -$0.05 |
| Q2 FY2026 | 30 Jun 2026 | $32.6M | -$12.9M | -$0.05 |
| Q1 FY2026 | 31 Mar 2026 | $26.5M | -$12.7M | -$0.05 |
| Q4 FY2025 | 31 Dec 2025 | $31.5M | -$15.3M | -$0.06 |
| Q3 FY2025 | 30 Sep 2025 | $21.5M | -$34.0M | -$0.13 |
| Q2 FY2025 | 30 Jun 2025 | $23.4M | -$13.8M | -$0.06 |
| Q1 FY2025 | 31 Mar 2025 | $21.2M | -$14.0M | -$0.06 |
| Q4 FY2024 | 31 Dec 2024 | $22.4M | -$18.1M | -$0.08 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Devices and accessories | $63.4M | 65.0% |
| Software and other services | $34.2M | 35.0% |
By region, FY2025
| Segment | Revenue | Share |
|---|---|---|
| United States | $77.4M | 79.3% |
| International | $20.2M | 20.7% |
Company events
The newest 8-K filings of 85 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 29 Oct 2026 | 8-K | Results | 2.02, 9.01 |
| 5 Oct 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 11 Aug 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 30 Jul 2026 | 8-K | Results | 2.02, 9.01 |
| 22 Jun 2026 | 8-K | Shareholder vote | 5.07 |
| 8 May 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 30 Apr 2026 | 8-K | Results | 2.02, 9.01 |
| 26 Feb 2026 | 8-K | Results | 2.02, 9.01 |
| 14 Jan 2026 | 8-K | Delisting notice | 3.01 |
| 12 Jan 2026 | 8-K | Results | 2.02, 9.01 |
| 18 Nov 2025 | 8-K | Material agreement | 1.01, 9.01 |
| 31 Oct 2025 | 8-K | Results | 2.02, 9.01 |
Every filing
The newest filings with the SEC of 200 held.
| Filed | Form | Period |
|---|---|---|
| 29 Oct 2026 | S-3ASR | – |
| 29 Oct 2026 | 10-Q | 30 Sep 2026 |
| 29 Oct 2026 | 8-K | 29 Oct 2026 |
| 5 Oct 2026 | 8-K | 29 Sep 2026 |
| 11 Aug 2026 | 8-K | 5 Aug 2026 |
| 30 Jul 2026 | 10-Q | 30 Jun 2026 |
| 30 Jul 2026 | 8-K | 30 Jul 2026 |
| 22 Jun 2026 | 8-K | 18 Jun 2026 |
| 8 May 2026 | 8-K | 4 May 2026 |
| 30 Apr 2026 | 10-Q | 31 Mar 2026 |
| 30 Apr 2026 | 8-K | 30 Apr 2026 |
| 27 Apr 2026 | ARS | 31 Dec 2025 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 6 Oct 2026 | Devivo Joseph, President & CEO | Sale under a trading plan | 35,790 | $10.02 | $358.6K | 7,311,930 | 8 Oct 2026 |
| 2 Oct 2026 | Carlson Megan, CAO and SVP, Finance | Sale outside a trading plan | 10,114 | $8.74 | $88.4K | 401,971 | 6 Oct 2026 |
| 23 Sep 2026 | Devivo Joseph, President & CEO | Sale under a trading plan | 3,169 | $10.02 | $31.8K | 7,347,720 | 24 Sep 2026 |
| 22 Sep 2026 | Devivo Joseph, President & CEO | Sale under a trading plan | 2,811 | $10.00 | $28.1K | 7,350,889 | 24 Sep 2026 |
| 4 Sep 2026 | Cashman Steve, Chief Business Officer | Sale outside a trading plan | 140,112 | $7.30 | $1.0M | 1,490,295 | 9 Sep 2026 |
| 4 Sep 2026 | Carlson Megan, CAO and SVP, Finance | Sale outside a trading plan | 13,804 | $7.30 | $100.8K | 412,085 | 9 Sep 2026 |
| 2 Sep 2026 | Caezza Nicholas, Deputy General Counsel | Sale outside a trading plan | 1,709 | $8.15 | $13.9K | 305,166 | 4 Sep 2026 |
| 17 Aug 2026 | Robbins Larry, Director | Sale outside a trading plan | 582,500 | $8.97 | $5.2M | 2,964,187 | 17 Aug 2026 |
| 14 Aug 2026 | Robbins Larry, Director | Sale outside a trading plan | 824,700 | $8.70 | $7.2M | 3,546,687 | 17 Aug 2026 |
| 14 Aug 2026 | Phanstiel S. Louise, Director | Purchase | 115,200 | $8.68 | $999.5K | 300,461 | 17 Aug 2026 |
| 13 Aug 2026 | Robbins Larry, Director | Sale outside a trading plan | 215,233 | $9.54 | $2.1M | 12,243,530 | 17 Aug 2026 |
| 13 Aug 2026 | Robbins Larry, Director | Sale outside a trading plan | 500,000 | $9.24 | $4.6M | 11,743,530 | 17 Aug 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 30 Oct 2026 | Joseph DeVivo, President and CEO | 90,600 | $634.2K | 30 Oct 2026 |
| 6 Oct 2026 | DEVIVO JOSEPH, Officer, Director | 35,790 | $358.6K | 6 Oct 2026 |
| 2 Oct 2026 | Carlson Megan, Officer | 10,114 | $88.4K | 2 Oct 2026 |
| 23 Sep 2026 | DEVIVO JOSEPH, Officer, Director | 3,169 | $31.8K | 23 Sep 2026 |
| 23 Sep 2026 | Schwartz Erica, Former Director | 323,020 | $3.2M | 23 Sep 2026 |
| 22 Sep 2026 | DEVIVO JOSEPH, Officer, Director | 2,811 | $28.1K | 22 Sep 2026 |
| 22 Sep 2026 | Schwartz Erica, Former Director | 78,679 | $786.8K | 22 Sep 2026 |
| 4 Sep 2026 | Carlson Megan, Officer | 13,804 | $100.8K | 4 Sep 2026 |
| 4 Sep 2026 | Cashman Steve, Officer | 140,112 | $1.0M | 4 Sep 2026 |
| 2 Sep 2026 | Caezza Nicholas, Officer | 1,709 | $13.9K | 2 Sep 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 17 Aug 2026 | Rothberg Jonathan M. | 13D amended | 100% | 21.4M |
| 17 Aug 2026 | GLENVIEW CAPITAL MANAGEMENT, LLC | 13D amended | 6.17% | 15.1M |
| 14 Aug 2026 | Hood River Capital Management LLC | 13G | 5.61% | 13.2M |
| 7 Aug 2026 | FMR LLC | 13G | 11.8% | 29.0M |
| 27 Jul 2026 | BlackRock, Inc. | 13G amended | 7.8% | 18.3M |
| 21 Jul 2026 | Rothberg Jonathan M. | 13D amended | 100% | 22.1M |
| 17 Jul 2026 | Rothberg Jonathan M. | 13D amended | 100% | 25.2M |
| 26 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
| 17 Mar 2026 | Rothberg Jonathan M. | 13D amended | 100% | 26.4M |
| 17 Feb 2026 | GLENVIEW CAPITAL MANAGEMENT, LLC | 13D amended | 8.52% | 19.3M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 33.6M | +6.16% | 6.19 |
| 30 Sep 2026 | 31.6M | -11.44% | 4.79 |
| 15 Sep 2026 | 35.7M | +4.89% | 8.43 |
| 31 Aug 2026 | 34.1M | +5.85% | 7.76 |
| 14 Aug 2026 | 32.2M | -1.56% | 4.46 |
| 31 Jul 2026 | 32.7M | +4.59% | 4.3 |
| 15 Jul 2026 | 31.3M | +8.73% | 3.59 |
| 30 Jun 2026 | 28.7M | +11.12% | 1.7 |
Funds that hold it
From each fund's latest Form 13F.
284 funds held it at 30 Jun 2026: 139 added and 58 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 18,821,463 | $158.5M | +2,859,983 |
| Glenview Capital Management, LLC | 14,335,055 | $120.7M | 0 |
| Hood River Capital Management LLC | 13,190,130 | $111.1M | +4,569,282 |
| Fosun International Ltd | 10,234,923 | $86.2M | -481,707 |
| Vanguard Capital Management LLC | 8,559,346 | $72.1M | +367,227 |
| D. E. Shaw & Co., Inc. | 6,392,827 | $53.8M | +5,272,536 |
| State Street Corp. | 5,762,672 | $48.5M | +223,012 |
| Geode Capital Management, LLC | 5,345,672 | $45.0M | +536,568 |
| ARK Investment Management LLC | 5,085,456 | $42.8M | -142,047 |
| Nuveen, LLC | 5,056,372 | $42.6M | +1,306,436 |
Peers
Companies in the same industry.
- GE HealthCare Technologies Inc. (GEHC): revenue $21.6B, market value $34.6B
- Koninklijke Philips N.V. (PHG): revenue $20.2B, market value $25.9B