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Butterfly Network Inc is a digital health business transforming care with handheld, whole-body ultrasound. Powered by its proprietary Ultrasound-on-Chip technology, its solution enables the acquisition of imaging information from an affordable, powerful device that fits in a healthcare professional’s pocket with a combination of cloud-connected software and hardware technology that is easily accessed through a mobile application. The company enables the practical application of ultrasound information in the clinical workflow. Butterfly iQ+ is an ultrasound device that can perform whole-body imaging in a single handheld probe using semiconductor technology. With its small, handheld size, low cost, and simple user interface.
2020
190
LTM Revenue $88.4M
LTM EBITDA -$38.7M
$461M
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Butterfly Network has a last 12-month revenue (LTM) of $88.4M and a last 12-month EBITDA of -$38.7M.
In the most recent fiscal year, Butterfly Network achieved revenue of $82.1M and an EBITDA of -$60.9M.
Butterfly Network expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Butterfly Network valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $88.4M | XXX | $82.1M | XXX | XXX | XXX |
| Gross Profit | $53.9M | XXX | $48.8M | XXX | XXX | XXX |
| Gross Margin | 61% | XXX | 60% | XXX | XXX | XXX |
| EBITDA | -$38.7M | XXX | -$60.9M | XXX | XXX | XXX |
| EBITDA Margin | -44% | XXX | -74% | XXX | XXX | XXX |
| EBIT | -$66.1M | XXX | -$74.4M | XXX | XXX | XXX |
| EBIT Margin | -75% | XXX | -91% | XXX | XXX | XXX |
| Net Profit | -$69.0M | XXX | -$72.5M | XXX | XXX | XXX |
| Net Margin | -78% | XXX | -88% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
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As of May 30, 2025, Butterfly Network's stock price is $2.
Butterfly Network has current market cap of $593M, and EV of $461M.
See Butterfly Network trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $461M | $593M | XXX | XXX | XXX | XXX | $-0.21 |
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Start Free TrialAs of May 30, 2025, Butterfly Network has market cap of $593M and EV of $461M.
Butterfly Network's trades at 5.6x EV/Revenue multiple, and -7.6x EV/EBITDA.
Equity research analysts estimate Butterfly Network's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Butterfly Network has a P/E ratio of -8.6x.
See valuation multiples for Butterfly Network and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $593M | XXX | $593M | XXX | XXX | XXX |
| EV (current) | $461M | XXX | $461M | XXX | XXX | XXX |
| EV/Revenue | 5.2x | XXX | 5.6x | XXX | XXX | XXX |
| EV/EBITDA | -11.9x | XXX | -7.6x | XXX | XXX | XXX |
| EV/EBIT | -7.0x | XXX | -6.2x | XXX | XXX | XXX |
| EV/Gross Profit | 8.6x | XXX | n/a | XXX | XXX | XXX |
| P/E | -8.6x | XXX | -8.2x | XXX | XXX | XXX |
| EV/FCF | n/a | XXX | -10.4x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialButterfly Network's last 12 month revenue growth is 22%
Butterfly Network's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.6M for the same period.
Butterfly Network's rule of 40 is -165% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Butterfly Network's rule of X is 11% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Butterfly Network and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 22% | XXX | 22% | XXX | XXX | XXX |
| EBITDA Margin | -44% | XXX | -74% | XXX | XXX | XXX |
| EBITDA Growth | -16% | XXX | n/a | XXX | XXX | XXX |
| Rule of 40 | -165% | XXX | -52% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 11% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.6M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 51% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | 46% | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 150% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Philips | XXX | XXX | XXX | XXX | XXX | XXX |
| Perspective Therapeutics | XXX | XXX | XXX | XXX | XXX | XXX |
| SmartVest | XXX | XXX | XXX | XXX | XXX | XXX |
| InfuSystem | XXX | XXX | XXX | XXX | XXX | XXX |
| Myomo | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Butterfly Network acquired XXX companies to date.
Last acquisition by Butterfly Network was XXXXXXXX, XXXXX XXXXX XXXXXX . Butterfly Network acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was Butterfly Network founded? | Butterfly Network was founded in 2020. |
| Where is Butterfly Network headquartered? | Butterfly Network is headquartered in United States of America. |
| How many employees does Butterfly Network have? | As of today, Butterfly Network has 190 employees. |
| Who is the CEO of Butterfly Network? | Butterfly Network's CEO is Mr. Joseph M. Devivo. |
| Is Butterfly Network publicy listed? | Yes, Butterfly Network is a public company listed on NYS. |
| What is the stock symbol of Butterfly Network? | Butterfly Network trades under BFLY ticker. |
| When did Butterfly Network go public? | Butterfly Network went public in 2021. |
| Who are competitors of Butterfly Network? | Similar companies to Butterfly Network include e.g. Philips, Perspective Therapeutics, SmartVest, InfuSystem. |
| What is the current market cap of Butterfly Network? | Butterfly Network's current market cap is $593M |
| What is the current revenue of Butterfly Network? | Butterfly Network's last 12 months revenue is $88.4M. |
| What is the current revenue growth of Butterfly Network? | Butterfly Network revenue growth (NTM/LTM) is 22%. |
| What is the current EV/Revenue multiple of Butterfly Network? | Current revenue multiple of Butterfly Network is 5.2x. |
| Is Butterfly Network profitable? | Yes, Butterfly Network is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Butterfly Network? | Butterfly Network's last 12 months EBITDA is -$38.7M. |
| What is Butterfly Network's EBITDA margin? | Butterfly Network's last 12 months EBITDA margin is -44%. |
| What is the current EV/EBITDA multiple of Butterfly Network? | Current EBITDA multiple of Butterfly Network is -11.9x. |
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