Butterfly Network, Inc.
BFLYHealthcareNASDAQMedical Devices · Last scanned Sep 8, 2026
Scan Results
Daily timeframeButterfly Network, Inc. develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. With a market capitalization of $1.96B, it sits in small-cap territory. The company offers Butterfly iQ+ and iQ3 ultrasound devices that can perform whole-body imaging on a single handheld probe integrated with the clinical workflow, and accessible on a user's smartphone, tablet, and almost any hospital computer system; Butterfly Move, merging the mobility of a handheld with the stability of a full cart system; and iQ+ Bladder, a specialty product for bladder scanning market.
Market Cap
$1.96B
Beta
2.09
P/E (TTM)
—
P/E (Fwd)
-147.20
EPS (TTM)
$-0.29
EPS (Fwd)
$-0.05
ROE
-35.5%
ROA
-10.5%
Cash
$124.7M
Total Debt
$19.1M
Free CF
$925,625
52W Change
365.8%
Annual Financials
Cash vs Debt
Where BFLY stands vs its 150-day and 200-day moving averages
As of the September 1, 2026 close, BFLY finished 41.65% above its 150-day moving average ($5.57) and 56.55% above its 200-day moving average ($5.04). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is BFLY overbought or oversold?
At the September 1, 2026 close, BFLY's RSI(14) was 28.5, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The balance sheet looks solid with $124.7M in cash comfortably exceeding the $19.1M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Annual free cash flow of $926K supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at -35.5%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $62.6M (2021) to $97.6M (2025), reflecting a 56% increase over the period.
A beta of 2.09 means BFLY is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing BFLY.