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Butterfly Network's peak revenue was $82.1M in 2024. The peak quarterly revenue was $22.4M in 2024(q4).
Butterfly Network's revenue increased from $46.3m in 2020 to $82.1M currently. That's a 77.41% change in annual revenue.
| Fiscal year / year | Butterfly Network revenue |
|---|---|
| 2020 | $46.3M |
| 2021 | $62.6M |
| 2022 | $73.4M |
| 2023 | $65.9M |
| 2024 | $82.1M |
Rate Butterfly Network's financial transparency
Butterfly Network saw the greatest revenue growth in 2021, when revenue increased by 35.27%.
Butterfly Network had the lowest revenue growth in 2022, when revenue changed by 17.3%.
| Year | Butterfly Network growth |
|---|---|
| 2021 | 35%↑ |
| 2022 | 17%↑ |
| 2023 | -10%↓ |
| 2024 | 25%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2020 | - | $11.8M | $10.1M | $15.7M |
| 2021 | $12.4M | $16.5M | $14.6M | $19.0M |
| 2022 | $15.6M | $19.2M | $19.6M | $19.0M |
| 2023 | $15.5M | $18.5M | $15.4M | $16.5M |
| 2024 | $17.7M | $21.5M | $20.6M | $22.4M |
Do you work at Butterfly Network?
Did Butterfly Network meet its revenue projections?
| CEO | Todd Fruchterman |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 463 |
| Date Founded | 2011 |
| Headquarters | Guilford, Connecticut |
| Number of Locations | 4 |
| Revenue | $82.1M |
| Net Income | -$168,723,000 |
| Gross Proft | $48.8M (2024) |
| Tax Rate | 0.0% |
| Total Assets | $417,570,000 |
| Ticker | BFLY |
Butterfly Network received early financing of $100.0M on 2014-11-02.
| Series | Round size | Date |
|---|---|---|
| Series Unknown | $100M | 11/2014 |
| Series D | $250M | 09/2018 |
| Post Ipo Equity | $175M | 02/2021 |
| Investors | Security type |
|---|---|
| aeris CAPITAL AG | Series Unknown |
| Jonathan Rothberg | Series Unknown |
| Fidelity Investments | Series D |
| Fosun Pharma | Series D |
| Bill & Melinda Gates Foundation | Series D |
| Ridgeback Capital | Post Ipo Equity |
| UPMC Enterprises | Post Ipo Equity |
| Tenet Healthcare Corporation | Post Ipo Equity |
| Eldridge | Post Ipo Equity |
| Wellington Management | Post Ipo Equity |
| Fidelity Management & Research Co LLC | Post Ipo Equity |
| Glenview Capital Management | Post Ipo Equity |
Butterfly Network's top competitor, FUJIFILM Sonosite, earned an annual revenue of $510.0M.
Butterfly Network's smallest competitor is ENDRA with revenue of $6.2K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Terason | - | $9.6M | 101 | - |
| FUJIFILM Sonosite | - | $510.0M | 878 | - |
| Volcano Corporation | - | $393.7M | 3,000 | - |
| ENDRA | - | $6,174 | 15 | - |
| CTI Molecular Imaging | - | - | 500 | - |
| Micron Solutions | - | $17.5M | 82 | - |
| Ikonisys Inc. | - | $7.6M | 38 | - |
| Calcutta Medical Research Institute | - | $74.0M | 3,000 | - |
| FamilyFarmed | - | $1.1M | 3 | - |
| HeartFlow | - | $70.0M | 302 | - |
Zippia gives an in-depth look into the details of Butterfly Network, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Butterfly Network. The employee data is based on information from people who have self-reported their past or current employments at Butterfly Network. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Butterfly Network. The data presented on this page does not represent the view of Butterfly Network and its employees or that of Zippia.
Butterfly Network may also be known as or be related to BUTTERFLY NETWORK, INC., Butterfly Network, Butterfly Network Inc, Butterfly Network Inc. and Butterfly Network, Inc.