Butterfly Network, Inc.
Close on Oct 19, 2026
- Market cap
- $1.96B
- P/E (TTM)
- –
- Dividend yield
- 0.00%
About Butterfly Network
X-Ray Apparatus & Tubes & Related Irradiation Apparatus, SIC 3844
Butterfly Network develops and sells handheld ultrasound imaging medical devices and related software. The company's primary hardware products include portable point-of-care ultrasound scanners such as the Butterfly iQ+ and Butterfly iQ3, cart-supported devices like Butterfly Move, and specialized tools such as the iQ+ Bladder and veterinary probes. It also provides cloud-based workflow software, enterprise tools like Compass AI, and training platforms including ScanLab and Butterfly Academy. Outside its core ultrasound offerings, the business licenses its semiconductor ultrasound platform for third-party technology co-development. Its customers include hospitals, health systems, physicians, nurses, academic institutions, and veterinary practices.
The company is headquartered in Burlington, Massachusetts, with wholly-owned subsidiaries in Australia, Germany, the Netherlands, Taiwan, the United Kingdom, and the United States. As of early 2026, it employs approximately 220 people. Butterfly sells its products across more than 30 countries through direct sales, independent distributors, and online channels, while its devices are utilized in over 100 countries worldwide.
Summary of the business section of Butterfly Network's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Butterfly Network, Inc.
- Founded
- 2011
- Headquarters
- Burlington, MA
- Address
- 1600 District Avenue 01803
- Phone
- (781) 557-4800
- Employees
- 220, Dec 31, 2025
- Industry
- X-Ray Apparatus & Tubes & Related Irradiation Apparatus
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, New York, New York
Stock & identifiers
- Ticker
- BFLY
- Exchange
- NYSE
- IPO date
- May 22, 2020
- Shares outstanding
- 266M, Jul 24, 2026
- Public float
- $383.80M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 1804176
- CUSIP
- 124155102
- ISIN
- US1241551027
- LEI
- 529900T0NQDXLISL1348
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Joseph Devivo | President & CEO, Director | 7,347,720 |
| Steve Cashman | Chief Business Officer | 1,490,295 |
| Megan Carlson | CAO and SVP, Finance | 412,085 |
| Nicholas Caezza | Deputy General Counsel | 305,166 |
| John N. Doherty | EVP, CFO | 1,397,276 |
| Victor Ku | Chief Technology Officer | 1,015,099 |
| Heather C. Getz | EVP, CFO & COO | 2,919,274 |
| Andrei G. Stoica | Chief Technology Officer | 1,600,182 |
| Larry Robbins | Director | 3,355,139 |
| S. Louise Phanstiel | Director | 691,413 |
| Jonathan M. Rothberg | Director | 22,259,514 |
| Elazer R. Edelman | Director | 392,893 |
| Erica Schwartz | Director | 401,699 |
| Caroll H. Neubauer | Director | 98,617 |
| Dawn Carfora | Director | 265,505 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Jonathan MRothberg | $0 | $0 | $3.44M | $154 | – |
| FY2025 Joseph De Vivo | $6.38M | $8.39M | $3.44M | $154 | – |
| FY2024 Jonathan MRothberg | $0 | $0 | $2.66M | $127 | – |
| FY2024 Joseph De Vivo | $5.49M | $16.27M | $2.66M | $127 | – |
| FY2024 Todd Fruchterman | $0 | $0 | $2.66M | $127 | – |
| FY2023 Jonathan MRothberg | $217.35K | $127.09K | $2.78M | $44 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of January 31, 2026, we had approximately 220 employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Feb 2, 2026 | Delisting | Notice of delisting from exchange (Form 25) |
| Jan 14, 2026 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| May 1, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Feb 16, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Feb 16, 2021 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Feb 16, 2021 | Delisting | Notice of delisting from exchange (Form 25) |
| Feb 11, 2021 | Name change | Name changed from Longview Acquisition Corp. to Butterfly Network, Inc. |
| Nov 27, 2020 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| May 22, 2020 | IPO | Initial public offering priced (424B4 prospectus) |
| May 18, 2020 | Listing | Registration of securities on an exchange (Form 8-A) |