Butterfly Network Inc (BFLY) — Tangible Net Worth Ratio
Butterfly Network Inc (BFLY) has a Tangible Net Worth Ratio of 96.4% as of June 2026. This metric is calculated by deducting intangible assets ($6.82 Million) from net assets ($189.40 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset growth rate of Butterfly Network Inc to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Butterfly Network Inc Tangible Net Worth Ratio (2018–2025)
This chart shows how Butterfly Network Inc's Tangible Net Worth Ratio has changed across 7 annual periods from 2018 to 2025. As of June 2026, the ratio stands at 96.4%, reflecting net assets of $189.40 Million with intangible assets of $6.82 Million USD. For live market cap and overall valuation, see market value of Butterfly Network Inc.
Annual Tangible Net Worth Ratio for Butterfly Network Inc (2018–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Butterfly Network Inc from 2018 to 2025, covering 7 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Butterfly Network Inc capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.2% | $195.98 Million | $7.52 Million | $296.53 Million | ▲ +1.4 pp |
| 2024 | 94.7% | $168.83 Million | $8.92 Million | $256.08 Million | ▼ -0.6 pp |
| 2023 | 95.3% | $220.05 Million | $10.32 Million | $304.27 Million | ▼ -1.4 pp |
| 2022 | 96.7% | $325.36 Million | $10.85 Million | $417.57 Million | ▼ -2.5 pp |
| 2021 | 99.1% | $447.69 Million | $3.83 Million | $571.97 Million | ▼ -0.9 pp |
| 2019 | 100.0% | $149.81 Million | $0.00 | $165.14 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $242.10 Million | $0.00 | $248.07 Million | — |