# Butterfly Network Inc. (BFLY) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Healthcare / Medical Devices & Supplies. Price $6.40, market value $1.7 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Butterfly Network Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 13.9×**. Each dollar of revenue is priced at 13.9×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 9.3×**. The shares trade at 9.3× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -1.6%** (5-yr avg -22.1%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 70.3%**. Butterfly Network Inc. keeps 70.3% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: -46.9%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -79.0%**. The company reported a net loss over the last twelve months.
- **Return on equity: -39.3%**. Return on equity is negative because earnings are negative.
- **Return on assets: -18.1%**. Each dollar of assets produces -18.1% of profit.

## Growth
- **Revenue growth (1 yr): 19.0%** (3-yr 10.0%/yr, 5-yr 16.1%/yr). Revenue grew 19.0% over the last year, against 16.1% a year compounded over five years.
- **EPS growth (1 yr): 8.8%**. Earnings per share rose 8.8%, slower than revenue, so margins compressed.

## Financial health
- **Current ratio: 3.83** (quick 3.83). Current assets cover the next year's liabilities 3.83 times.
- **Altman Z-score: 11.25**. A Z-score of 11.25 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Butterfly Network Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (6 analysts). 6 analysts cover Butterfly Network Inc.; the consensus is strong_buy, with an average price target of $11.17 (+74% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 128.3%** (YTD 61.6%, 3-mo -25.3%). The shares are up 128.3% over twelve months including dividends.
- **From 52-week high: -37.3%** (236.8% above the low). Trading 37% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 36**. An RSI of 36 is neutral.
- **Beta (1 yr): 3.38** (volatility 126%). Beta of 3.38 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BFLY · Page: https://foliofundamentals.com/stocks/bfly

Not investment advice.