BFLY (Butterfly Network) EV-to-EBITDA: -35.86 (As of Aug. 22, 2026)

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BFLY Butterfly Network Inc BFLY
58 GF Score
Price $9.55
GF Value $2.45
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Butterfly Network EV-to-EBITDA?

Butterfly Network BFLY +4.14% 58 EV-to-EBITDA is -35.86 as of Aug. 22, 2026. GuruFocus rates BFLY with a GF Score™ of 58/100 and a GF Value™ of $2.45 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 516 Medical Devices & Instruments companies, Butterfly Network ranks worse than 193798.26% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Butterfly Network's enterprise value is $2,437.5 Mil. Butterfly Network's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $-68.0 Mil. Therefore, Butterfly Network's EV-to-EBITDA for today is -35.86.

The historical rank and industry rank for Butterfly Network's EV-to-EBITDA or its related term are showing as below:

BFLY' s EV-to-EBITDA Range Over the Past 10 Years
Min: -46.08   Med: -5.54   Max: -0.33
Current: -35.86

During the past 7 years, the highest EV-to-EBITDA of Butterfly Network was -0.33. The lowest was -46.08. And the median was -5.54.

BFLY's EV-to-EBITDA is ranked worse than
100% of 516 companies
in the Medical Devices & Instruments industry
Industry Median: 14.7 vs BFLY: -35.86

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-22), Butterfly Network's stock price is $9.55. Butterfly Network's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-0.290. Therefore, Butterfly Network's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Butterfly Network  (NYSE:BFLY) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Butterfly Network's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=9.55/-0.290
=At Loss

Butterfly Network's share price for today is $9.55.
Butterfly Network's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.290.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Butterfly Network EV-to-EBITDA Related Terms


Butterfly Network EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Butterfly Network's EV-to-EBITDA 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.

Butterfly Network EV-to-EBITDA Chart

Butterfly Network Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial -31.51 -1.77 -0.93 -9.93 -12.38

Butterfly Network Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial 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 -7.23 -5.23 -12.38 -14.05 -31.20

BFLY vs ALMR, UFPT, ENOV: EV-to-EBITDA Comparison

For the Medical Devices subindustry, Butterfly Network's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Butterfly Network's EV-to-EBITDA falls into.


BFLY
58GF Score
Butterfly Network Inc BFLY
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Butterfly Network EV-to-EBITDA Calculation

Butterfly Network's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2437.461/-67.981
=-35.86

Butterfly Network's current Enterprise Value is $2,437.5 Mil.
Butterfly Network's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-68.0 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of -35.86 mean?
Butterfly Network (BFLY) has a EV-to-EBITDA of -35.86 as of Aug. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Butterfly Network. According to the industry distribution chart, Butterfly Network ranks #999999 out of 516 companies in the Medical Devices & Instruments industry.
Is Butterfly Network's EV-to-EBITDA too high?
Butterfly Network's current EV-to-EBITDA is -35.86. Based on the distribution chart, Butterfly Network ranks #999999 out of 516 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Butterfly Network has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Butterfly Network's EV-to-EBITDA compare to ALMR and UFPT?
According to the Medical Devices & Instruments industry distribution chart, Butterfly Network ranks #999999 out of 516 companies for EV-to-EBITDA. This places Butterfly Network in the lower half of its industry. The industry median EV-to-EBITDA is 14.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Medical Devices & Instruments company?
The median EV-to-EBITDA among Medical Devices & Instruments companies is 14.70, based on 516 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Butterfly Network. For the Medical Devices & Instruments industry, the median EV-to-EBITDA is 14.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Butterfly Network's current EV-to-EBITDA is -35.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Butterfly Network stock overvalued right now?
Based on GuruFocus' analysis, Butterfly Network (BFLY) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.45, compared to a current price of $9.55 — trading 289.8% above its estimated fair value. The current EV-to-EBITDA is -35.86. Butterfly Network's overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Butterfly Network (BFLY), the current EV-to-EBITDA is -35.86 as of Aug. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Butterfly Network (BFLY) Overvalued in 2026?

Based on GuruFocus' analysis, Butterfly Network stock appears to be overvalued. The current stock price of $9.55 is trading 289.8% above its estimated GF Value™ of $2.45. GuruFocus considers Butterfly Network to be Significantly Overvalued.

Key valuation signals for BFLY:

  • EV-to-EBITDA: -35.86
  • GF Value™: $2.45 vs. price of $9.55 (289.8% above fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the BFLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Butterfly Network Business Description

Other Exchanges 7JA:Germany
Address 1600 District Avenue, 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 iQ+ is an ultrasound device that can perform whole-body imaging in a single handheld probe using semiconductor technology. The company operates in one reportable segment, which includes all activities related to the development, manufacture, and sale of the Company's products, software, and other services.
58GF Score

Get the complete analysis for BFLY

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.55
Price
$2.45
GF Value