Butterfly Network, Inc.
At today's price, Butterfly Network, Inc. (BFLY) is priced for today's economics sustained for ~36.0 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
• Butterfly Network sells a handheld, semiconductor-based ultrasound probe and the software that runs it, and the business is growing fast off a small base: revenue rose 25% to $26.5 million last quarter with gross margin climbing to 68.9% [Source: Butterfly Network Q1 2026 results]. • The company is not yet profitable, and the price reflects a long-horizon bet: at roughly 24 times revenue, no standard valuation method reaches the level, so a buyer is underwriting a future business, not the curr
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229 institutional managers reported holding BFLY in 13F filings for the quarter ended 2026-03-31. Together they hold about 54% of the company; the top 10 hold 33%. 47 opened new positions that quarter. Held by BlackRock, Glenview Capital, Vanguard Group, among others. On the short side, 25.9M shares were sold short as of the 2026-06-15 count, about 10% of shares outstanding (4.6 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
BFLY's share count grew 33.5% over the past five years. It pays no dividend.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at BFLY over the trailing three years: 2023: 1 buy totaling $18k; 2024: 5 buys totaling $2.05M; 2025: 10 buys totaling $12.15M. 14 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
BFLY's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-05 | -4.7% | -50.9% |
| 2023-11-07 | +38.3% | +11.4% |
| 2024-03-05 | -20.7% | -11.4% |
| 2024-05-02 | +17.9% | +7.6% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
BFLY's latest 8-K filings: 2026-06-22 (items 5.07); 2026-05-08 (items 5.02, 9.01); 2026-04-30 (items 2.02, 9.01); 2026-02-26 (items 2.02, 9.01); 2026-01-14 (items 3.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.