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Butterfly Network, Inc. (BFLY)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US1241551027
CUSIP
543195101
IPO Date
Jul 13, 2020

Highlights

Market Cap
$1.02B
Enterprise Value
$888.71M
EPS (TTM)
-$0.31
Total Revenue (TTM)
$97.61M
Gross Profit (TTM)
$45.74M
EBITDA (TTM)
-$71.01M
Year Range
$1.32 - $5.03
Target Price
$5.25
ROA (TTM)
-25.99%
ROE (TTM)
-39.32%

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Butterfly Network, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Butterfly Network, Inc. (BFLY) has returned 6.32% so far this year and 77.19% over the past 12 months.


Butterfly Network, Inc.

1D
5.48%
1M
6.60%
YTD
6.32%
6M
109.33%
1Y
77.19%
3Y*
29.04%
5Y*
-24.32%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jul 13, 2020, BFLY's average daily return is +0.11%, while the average monthly return is +1.37%. At this rate, your investment would double in approximately 4.2 years.

Historically, 45% of months were positive and 55% were negative. The best month was Nov 2024 with a return of +84.8%, while the worst month was Mar 2025 at -37.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 9 months.

On a daily basis, BFLY closed higher 44% of trading days. The best single day was Feb 26, 2026 with a return of +50.7%, while the worst single day was Feb 29, 2024 at -19.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.21%-4.29%6.60%6.32%
202527.88%-9.27%-37.02%2.63%2.56%-16.67%-14.50%-5.85%19.88%39.38%15.24%22.58%21.79%
2024-16.56%32.06%-9.24%-28.14%28.19%-15.49%30.83%-0.91%62.39%0.56%84.83%-5.17%188.89%
202311.79%-10.55%-23.58%14.89%12.96%-5.74%11.74%-31.13%-33.33%-28.23%12.45%13.41%-56.10%
2022-13.30%-11.21%-7.57%-30.04%-8.41%0.66%41.37%43.55%-24.56%4.26%-34.08%-23.84%-63.23%
2021-6.77%3.25%-11.65%-13.96%-18.85%23.23%-25.83%15.08%-15.53%-1.15%-31.69%-5.11%-66.20%

Benchmark Metrics

Butterfly Network, Inc. has an annualized alpha of -2.06%, beta of 2.11, and R² of 0.14 versus S&P 500 Index. Calculated based on daily prices since July 14, 2020.

  • This stock participated in 219.88% of S&P 500 Index downside but only 164.93% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.14 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-2.06%
Beta
2.11
0.14
Upside Capture
164.93%
Downside Capture
219.88%

Return for Risk

Risk / Return Rank

BFLY ranks 70 for risk / return — better than 70% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


BFLY Risk / Return Rank: 7070
Overall Rank
BFLY Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
BFLY Sortino Ratio Rank: 7777
Sortino Ratio Rank
BFLY Omega Ratio Rank: 7171
Omega Ratio Rank
BFLY Calmar Ratio Rank: 6969
Calmar Ratio Rank
BFLY Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Butterfly Network, Inc. (BFLY) and compare them to a chosen benchmark (S&P 500 Index).


BFLYBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.73

0.90

-0.17

Sortino ratio

Return per unit of downside risk

1.97

1.39

+0.58

Omega ratio

Gain probability vs. loss probability

1.23

1.21

+0.02

Calmar ratio

Return relative to maximum drawdown

1.43

1.40

+0.03

Martin ratio

Return relative to average drawdown

2.98

6.61

-3.63

Explore BFLY risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Butterfly Network, Inc. doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Butterfly Network, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Butterfly Network, Inc. was 97.40%, occurring on Apr 25, 2024. The portfolio has not yet recovered.

The current Butterfly Network, Inc. drawdown is 85.11%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-97.4%Feb 19, 2021801Apr 25, 2024
-22.38%Jan 22, 20214Jan 27, 20218Feb 8, 202112
-17.96%Nov 27, 20203Dec 1, 202016Dec 23, 202019
-16.52%Dec 29, 20206Jan 6, 202110Jan 21, 202116
-7.71%Jul 23, 202058Oct 13, 202028Nov 20, 202086

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Butterfly Network, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Butterfly Network, Inc. is priced in the market compared to other companies in the Medical Devices industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for BFLY relative to other companies in the Medical Devices industry. Currently, BFLY has a P/S ratio of 10.3. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for BFLY in comparison with other companies in the Medical Devices industry. Currently, BFLY has a P/B value of 5.2. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items