BFLY · CIK 0001804176 · operating
Butterfly Network develops and commercializes handheld ultrasound imaging devices that integrate with smartphones, tablets, and hospital computer systems for point-of-care diagnostics. The company's primary products include the Butterfly iQ+ and iQ3 probes, which enable whole-body imaging from a single handheld device. Specialty offerings include the Butterfly iQ+ Bladder for bladder scanning and Butterfly iQ+ Vet for veterinary applications. The devices are designed to streamline clinical workflows and expand ultrasound accessibility beyond traditional radiology settings.
The company generates revenue through multiple channels: direct sales of ultrasound hardware to healthcare systems and individual practitioners, software subscription services, cloud-based solutions, and educational programs. Butterfly Academy provides formal certification courses and in-app training, while ScanLab offers educational scanning resources. Professional services support large-scale deployments at healthcare institutions. Products and services are distributed through a direct sales force, third-party distributors, and e-commerce platforms.
Butterfly Network operates with approximately 190 full-time employees and maintains headquarters in Burlington, Massachusetts. The company sells internationally as well as throughout the United States, serving hospitals, clinics, physicians, and veterinary practices. The organization was founded in 2011 and incorporated in Delaware.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $-0.31 | $-0.31 | +8.8% | |
| 2024 | $-0.34 | $-0.34 | +47.7% | |
| 2023 | $-0.65 | $-0.65 | +22.6% | |
| 2022 | $-0.84 | $-0.84 | -342.1% | |
| 2021 | $-0.19 | $-0.19 | — | |
| 2020 | — | — | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-27 | 0001804176-26-000009 | SEC ↗ |
| 2024-12-31 | 2025-02-28 | 0001628280-25-009036 | SEC ↗ |
| 2023-12-31 | 2024-03-04 | 0001558370-24-002308 | SEC ↗ |
| 2022-12-31 | 2023-03-23 | 0001558370-23-004464 | SEC ↗ |
| 2021-12-31 | 2022-02-28 | 0001558370-22-002397 | SEC ↗ |
| 2020-12-31 | 2021-03-29 | 0001104659-21-043278 | SEC ↗ |