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Butterfly Network Inc (Butterfly Network) is a healthcare company that offers portable ultrasound technology, software, services, and educational offerings. The company’s product portfolio includes hardware such as Butterfly iQ3, Butterfly iQ+, Butterfly iQ+ Bladder, and Butterfly iQ+ Vet devices. Its Software and services include cloud-based solutions, teleguidance, in-app educational tutorials, the ScanLab education-only app, Butterfly Academy software, Butterfly Certified courses, and professional services for deployments, including Compass software. It serves healthcare professionals in various fields, including anesthesiology, cardiology, critical care, emergency medicine, nursing, and veterinary medicine, among others. Butterfly Network is headquartered in Burlington, Massachusetts, the US.
Headquarters
United States of America
Address
1600 District Avenue, Burlington, Massachusetts, 01803
Website
www.butterflynetwork.com
Telephone
1 781 5574800
No of Employees
220
Industry
Medical Equipment
Ticker Symbol & Exchange
BFLY (NYSE)
Revenue (2024)
$97.6M
19%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-6.5%
(2024 vs 2023)
Market Cap*
$2.2B
Net Profit Margin (2024)
XYZ
10.5%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Whole-Body Imaging Device | Software Subscriptions | iQ3 |
| Bladder Scanner Device | Professional Services | iQ+ |
| Multi-Species Veterinary Imaging Device | Artificial Intelligence Marketplace | iQ+ Bladder |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
Competitor Comparison
| Key Parameters | Butterfly Network Inc | Vaso Corp | Escalon Medical Corp | Canon Medical Systems USA Inc | Clarius Mobile Health Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | Canada |
| City | Burlington | Plainview | Wayne | Tustin | Burnaby |
| State/Province | Massachusetts | New York | Pennsylvania | California | British Columbia |
| No. of Employees | 220 | 282 | 39 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Joseph DeVivo | Chairman; Chief Executive Officer; President | Executive Board | 2023 | 58 |
| John Doherty | Chief Financial Officer; Executive Vice President | Senior Management | 2025 | - |
| Megan Carlson | Chief Accounting Officer; Senior Vice President - Finance & Accounting | Senior Management | 2025 | - |
| Victor Ku | Chief Technology Officer; Senior Vice President | Senior Management | 2025 | - |
| Steven Cashman | Chief Business Officer | Senior Management | 2024 | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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