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Butterfly Network (Butterfly Network) Revenue

: $65.90 Mil (TTM As of Dec. 2023)
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Butterfly Network's revenue for the three months ended in Dec. 2023 was $16.52 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $65.90 Mil. Butterfly Network's Revenue per Share for the three months ended in Dec. 2023 was $0.08. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.32.

Warning Sign:

Butterfly Network Inc revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Butterfly Network was -12.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was -65.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 5 years, Butterfly Network's highest 3-Year average Revenue per Share Growth Rate was -56.80% per year. The lowest was -65.20% per year. And the median was -61.00% per year.


Butterfly Network Revenue Historical Data

The historical data trend for Butterfly Network's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Butterfly Network Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
27.58 46.25 62.57 73.39 65.90

Butterfly Network Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.98 15.48 18.49 15.42 16.52

Competitive Comparison

For the Medical Devices subindustry, Butterfly Network's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Butterfly Network Revenue Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Butterfly Network's Revenue distribution charts can be found below:

* The bar in red indicates where Butterfly Network's Revenue falls into.



Butterfly Network Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $65.90 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Butterfly Network  (NYSE:BFLY) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Butterfly Network Revenue Related Terms

Thank you for viewing the detailed overview of Butterfly Network's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Butterfly Network (Butterfly Network) Business Description

Traded in Other Exchanges
N/A
Address
1600 District Avenue, Guilford, Burlington, MA, USA, 01803
Butterfly Network Inc is a digital health business transforming care with handheld, whole-body ultrasound. Powered by its proprietary Ultrasound-on-Chip technology, its solution enables the acquisition of imaging information from an affordable, powerful device that fits in a healthcare professional's pocket with a combination of cloud-connected software and hardware technology that is easily accessed through a mobile application. Butterfly enables the practical application of ultrasound information in the clinical workflow. Butterfly iQ+ is an ultrasound device that can perform whole-body imaging in a single handheld probe using semiconductor technology. With its small, handheld size, low cost, and simple user interface.
Executives
Andrei G Stoica officer: Chief Technology Officer 1000 CEDAR HOLLOW ROAD, MALVERN PA 19355
Heather C Getz officer: EVP & Chief Financial Officer BIOTELEMETRY, INC., 1000 CEDAR HOLLOW ROAD, #102, MALVERN PA 19355
Joseph Devivo director, officer: President & CEO BUTTERFLY NETWORK, INC., 1600 DISTRICT AVENUE, BURLINGTON MA 01803
Lawrence T Weiss officer: CLO, GC and Corp Sec 530 OLD WHITFIELD STREET, GUILFOD CT 06437
John David Martin officer: Chief Medical Officer C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Darius Shahida officer: CSO & CBDO C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 203-689-56
Troy Quander officer: SVP, Regulatory and Quality 530 OLD WHITFIELD STREET, C/O BUTTERFLY NETWORK, INC., GUILFORD CT 06437
Tamara Dillon officer: Chief People Officer 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Stephanie Fielding officer: Chief Financial Officer C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Larry Robbins director, 10 percent owner 767 FIFTH AVENUE, 44TH FLOOR, NEW YORK NY 10153
Mary Miller officer: GC and CS C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Stacey Pugh officer: Chief Commercial Officer C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Todd Fruchterman director, officer: President and CEO C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Erica Schwartz director 400 INTERSTATE N. PARKWAY SE, SUITE 1600, C/O AVEANNA HEALTHCARE HOLDINGS INC., ATLANTA GA 30339
David Perri officer: Chief Operating Officer C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101