Butterfly Network, Inc.
Butterfly Network, Inc. (NASDAQ: BFLY) is a medical technology company pioneering semiconductor-based point-of-care ultrasound solutions. The company operates through its proprietary Ultrasound-on-Chip™ technology platform, which represents a fundamental departure from the traditional piezoelectric crystal technology… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Butterfly Network, Inc. does
In the company’s own words
Butterfly Network, Inc. (NASDAQ: BFLY) is a medical technology company pioneering semiconductor-based point-of-care ultrasound solutions. The company operates through its proprietary Ultrasound-on-Chip™ technology platform, which represents a fundamental departure from the traditional piezoelectric crystal technology that has dominated ultrasound imaging for decades. This semiconductor approach enables Butterfly to deliver portable, affordable ultrasound devices that integrate with cloud-connected software and artificial intelligence capabilities.
The company's core product portfolio includes the Butterfly iQ3 and Butterfly iQ+ handheld ultrasound devices, which connect to smartphones and tablets to provide whole-body imaging capabilities. These devices are complemented by software subscriptions, enterprise solutions through the Compass AI™ platform, educational tools including the ScanLab™ app and Butterfly Certified™ courses, and specialized offerings such as the iQ+ Bladder scanner and Butterfly Move cart system. The company also recently launched Butterfly iQ3 Vet for veterinary applications. Beyond its core point-of-care ultrasound business, Butterfly licenses its technology through the Butterfly Embedded™ program for co-development in non-competitive markets including brain-computer interfaces and surgical robotics.
Butterfly generated total revenue of $97.6 million in fiscal year 2025, with operations spanning over 100 countries. The company employs approximately 220 people globally, with roughly 180 based in the United States and 40 internationally. The company maintains a direct sales force focused on large healthcare system implementations, operates an eCommerce channel, and works through distributor partnerships. Butterfly has achieved penetration with clinicians in most of the 100 largest U.S. healthcare systems and maintains over 145,000 unique users globally.
The company's competitive advantages stem from its semiconductor-based architecture, which enables Moore's Law benefits, eliminates reliance on lead-based piezoelectric crystals, and supports advanced features like three-dimensional imaging and artificial intelligence integration. Manufacturing occurs through partnerships with contract manufacturers, with key semiconductor components produced in Taiwan and assembled in Thailand. The company's website is located at butterfly.com.
Company details
- Sector
- Healthcare
- Industry
- Medical Instruments
- Headquarters
- BURLINGTON, MA
- Fiscal year end
- December
- CIK
- 1804176
- SIC
- 3844
Financial performance, year by year
Fiscal 2021–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Butterfly Network, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Butterfly Network, Inc. · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Butterfly Network, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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