Stocks · Healthcare · Medical - Devices
Butterfly Network, Inc. BFLY
$8.95 +4.92% Close, Oct 2, 2026 · NYSE · Market cap $2.38B
Strong growthStrong trendHigh risk
Next earnings report: Oct 30, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Over the past year the stock returned +371.1%, ahead of the S&P 500 by 356.0 percentage points.
- Operating margin widened to -70.8% from -79.0% a year earlier.
- Revenue over the last four quarters was $112.1M, up 28.1% from a year earlier, accelerating from 20.2% a quarter earlier.
PromtFinance scores
Each score is a percentile within the Healthcare sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 25%
- Revenue growth, 3-year CAGRBottom 49%
- Revenue growth accelerationTop 14%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 38%
- Gross marginBottom 36%
- Operating marginBottom 33%
- Accruals (lower is better)Top 17%
- Interest coverBottom 15%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 39%
- Free-cash-flow yieldTop 40%
- EBITDA / enterprise valueTop 45%
- Sales / enterprise valueBottom 20%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 3%
- 6-month returnTop 6%
- 1-year return vs S&P 500Top 2%
- Distance from 52-week highTop 17%
- Trend checklist (0–4)Top 7%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 30%
- Consecutive EPS beatsTop 25%
- Share of analysts rating BuyTop 34%
- Upside to consensus price targetBottom 40%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 12%
- Maximum drawdown, 3 yearsBottom 47%
- Beta vs S&P 500 (lower is better)Bottom 5%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 20.2% | 28.1% | ↑ |
| Gross margin | 62.0% | 52.6% | ↓ |
| Operating margin | -79.0% | -70.8% | ↑ |
| FCF margin | -36.5% | -25.0% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 28.1% | 20.2% | ↑ | Top 25% |
| Gross margin | 52.6% | 62.0% | ↓ | Bottom 36% |
| Operating margin | -70.8% | -79.0% | ↑ | Bottom 33% |
| Net margin | -66.7% | -71.8% | ↑ | — |
| Free-cash-flow margin | -25.0% | -36.5% | ↑ | — |
| Return on invested capital | -34.9% | — | Bottom 38% | |
| Revenue growth, 3-year CAGR | 10.0% | — | Bottom 49% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -18.0%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 21.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +12.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- Net cash
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -59.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 3.14%
- Shareholder yield
- 3.14%
- Share count change, 1 year
- +8.4%
- Share count change, 3-year CAGR
- +8.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 3
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +15.2%
- Average 2-day reaction, last 8
- +10.9%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $12.50
- Target vs current price
- +39.7%
- Analysts with a rating
- 7
- Share rating Buy or Strong Buy
- 86%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | +71.4% | +15.1% | +18.6% | +21.7% | — |
| Apr 30, 2026 | +25.0% | -2.6% | -7.5% | -6.3% | +43.7% |
| Feb 26, 2026 | +50.0% | +50.6% | +30.0% | +35.2% | +44.5% |
| Oct 31, 2025 | -85.7% | +31.9% | +10.3% | +52.0% | +111.3% |
| Aug 1, 2025 | +14.3% | -18.1% | -18.7% | -4.7% | +30.4% |
| May 2, 2025 | +33.3% | -0.4% | -3.0% | +2.6% | -21.8% |
| Feb 28, 2025 | +11.1% | -2.9% | -22.5% | -34.6% | -41.8% |
| Nov 1, 2024 | +11.1% | +14.0% | +37.6% | +84.8% | +129.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | -$0.01 | -$0.04 | +71.4% | $32.6M |
| Apr 30, 2026 | -$0.03 | -$0.04 | +25.0% | $26.5M |
| Feb 26, 2026 | -$0.02 | -$0.04 | +50.0% | $31.5M |
| Oct 31, 2025 | -$0.13 | -$0.07 | -85.7% | $21.5M |
| Aug 1, 2025 | -$0.06 | -$0.07 | +14.3% | $23.4M |
| May 2, 2025 | -$0.06 | -$0.09 | +33.3% | $21.2M |
| Feb 28, 2025 | -$0.08 | -$0.09 | +11.1% | $22.4M |
| Nov 1, 2024 | -$0.08 | -$0.09 | +11.1% | $20.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / Sales | 20.31× | — | — | Bottom 20% |
| Free-cash-flow yield | -1.18% | — | — | Top 40% |
| Earnings yield | -3.23% | — | — | Top 39% |
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 10
- Days above the 200-day average
- 218
- 50-day average slope (20 days)
- +3.3%
- 200-day average slope (20 days)
- +10.6%
- Distance from 50-day average
- +6.9%
- Distance from 200-day average
- +57.9%
- RSI (14)
- 54.8
- Relative volume
- 0.82×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 92.0%
- Volatility vs own 5-year history
- 47th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 2.53
- Correlation with S&P 500
- 0.39
- Current drawdown from 1-year high
- -9.9%
- Maximum drawdown, 3 years
- -72.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 18, 2021 | Apr 25, 2024 | -97.4% | 801 days | Not yet recovered |
| Jan 21, 2021 | Jan 27, 2021 | -22.4% | 4 days | 8 days (Feb 8, 2021) |
| Nov 25, 2020 | Dec 1, 2020 | -18.0% | 3 days | 16 days (Dec 23, 2020) |
| Dec 28, 2020 | Jan 6, 2021 | -16.5% | 6 days | 10 days (Jan 21, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $2.38B
- EPS, diluted (TTM)
- -$0.29
- Revenue (TTM)
- $112.1M
- 52-week range
- $1.87 – $10.05
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $62.6M | $73.4M | $65.9M | $82.1M | $97.6M |
| Gross profit | $17.1M | $39.5M | $16.9M | $48.8M | $45.7M |
| Operating income | -$192.7M | -$193.0M | -$145.6M | -$74.4M | -$86.4M |
| Net income | -$32.4M | -$168.7M | -$133.7M | -$72.5M | -$77.1M |
| EPS (diluted) | -$0.19 | -$0.84 | -$0.65 | -$0.34 | -$0.31 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.6M | $22.4M | $21.2M | $23.4M | $21.5M | $31.5M | $26.5M | $32.6M |
| Net income | -$16.9M | -$18.1M | -$14.0M | -$13.8M | -$34.0M | -$15.3M | -$12.7M | -$12.9M |
| EPS (diluted) | -$0.08 | -$0.08 | -$0.06 | -$0.06 | -$0.13 | -$0.06 | -$0.05 | -$0.05 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$189.2M | -$169.1M | -$98.8M | -$41.7M | -$12.7M |
| Capital expenditure | -$7.9M | -$18.3M | -$5.8M | -$2.7M | -$3.3M |
| Free cash flow | -$197.1M | -$187.4M | -$104.6M | -$44.4M | -$16.0M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $548.4M | $0 | $0 | $0 | $2.2M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $124.7M
- Total assets
- $283.0M
- Total liabilities
- $93.6M
- Total debt
- $19.1M
- Net debt
- -$105.6M
- Shareholders’ equity
- $189.4M
As of Jun 30, 2026 (filed Jul 30, 2026).
Short interest
- Shares sold short
- 35,727,812
- Days to cover
- 8.43
- Change vs previous report
- +4.9%
FINRA short interest, settlement date Sep 15, 2026.