vs

Side-by-side financial comparison of Butterfly Network, Inc. (BFLY) and HEALTHY CHOICE WELLNESS CORP. (HCWC). Click either name above to swap in a different company.

Butterfly Network, Inc. is the larger business by last-quarter revenue ($26.5M vs $18.7M, roughly 1.4× HEALTHY CHOICE WELLNESS CORP.). HEALTHY CHOICE WELLNESS CORP. runs the higher net margin — -8.9% vs -47.8%, a 38.9% gap on every dollar of revenue.

Butterfly Network, Inc. is a digital health company that develops, manufactures and sells affordable, portable whole-body ultrasound devices powered by proprietary semiconductor technology. It serves clinical professionals, healthcare facilities, and home care users across global markets, with a core mission to expand access to medical imaging for underserved communities.

BFLY vs HCWC — Head-to-Head

Bigger by revenue
BFLY
BFLY
1.4× larger
BFLY
$26.5M
$18.7M
HCWC
Higher net margin
HCWC
HCWC
38.9% more per $
HCWC
-8.9%
-47.8%
BFLY

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BFLY
BFLY
HCWC
HCWC
Revenue
$26.5M
$18.7M
Net Profit
$-12.7M
$-1.7M
Gross Margin
68.9%
39.1%
Operating Margin
-21.2%
-7.6%
Net Margin
-47.8%
-8.9%
Revenue YoY
25.0%
Net Profit YoY
EPS (diluted)
$-0.05
$-0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BFLY
BFLY
HCWC
HCWC
Q1 26
$26.5M
Q4 25
$31.5M
$18.7M
Q3 25
$21.5M
$19.0M
Q2 25
$23.4M
$20.2M
Q1 25
$21.2M
$20.3M
Q4 24
$22.4M
Q3 24
$20.6M
$18.2M
Q2 24
$21.5M
Net Profit
BFLY
BFLY
HCWC
HCWC
Q1 26
$-12.7M
Q4 25
$-15.3M
$-1.7M
Q3 25
$-34.0M
$-1.2M
Q2 25
$-13.8M
$-339.4K
Q1 25
$-14.0M
$-712.4K
Q4 24
$-18.1M
Q3 24
$-16.9M
$-2.7M
Q2 24
$-15.7M
Gross Margin
BFLY
BFLY
HCWC
HCWC
Q1 26
68.9%
Q4 25
67.3%
39.1%
Q3 25
-17.5%
38.8%
Q2 25
63.7%
40.1%
Q1 25
63.0%
38.8%
Q4 24
61.5%
Q3 24
59.5%
38.4%
Q2 24
58.6%
Operating Margin
BFLY
BFLY
HCWC
HCWC
Q1 26
-21.2%
Q4 25
-53.0%
-7.6%
Q3 25
-163.5%
-3.2%
Q2 25
-68.9%
-0.2%
Q1 25
-87.0%
-2.0%
Q4 24
-77.5%
Q3 24
-83.9%
-2.0%
Q2 24
-80.2%
Net Margin
BFLY
BFLY
HCWC
HCWC
Q1 26
-47.8%
Q4 25
-48.5%
-8.9%
Q3 25
-158.1%
-6.4%
Q2 25
-59.2%
-1.7%
Q1 25
-65.8%
-3.5%
Q4 24
-81.0%
Q3 24
-82.3%
-14.6%
Q2 24
-73.1%
EPS (diluted)
BFLY
BFLY
HCWC
HCWC
Q1 26
$-0.05
Q4 25
$-0.06
$-0.05
Q3 25
$-0.13
$-0.09
Q2 25
$-0.06
$-0.03
Q1 25
$-0.06
$-0.07
Q4 24
$-0.09
Q3 24
$-0.08
$-0.29
Q2 24
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BFLY
BFLY
HCWC
HCWC
Cash + ST InvestmentsLiquidity on hand
$138.0M
$3.0M
Total DebtLower is stronger
$7.3M
Stockholders' EquityBook value
$191.2M
$7.3M
Total Assets
$285.9M
$33.5M
Debt / EquityLower = less leverage
1.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFLY
BFLY
HCWC
HCWC
Q1 26
$138.0M
Q4 25
$150.5M
$3.0M
Q3 25
$144.2M
$3.0M
Q2 25
$148.1M
$4.7M
Q1 25
$155.2M
$1.8M
Q4 24
$88.8M
Q3 24
$93.8M
$1.8M
Q2 24
$102.1M
Total Debt
BFLY
BFLY
HCWC
HCWC
Q1 26
Q4 25
$7.3M
Q3 25
$8.5M
Q2 25
$9.7M
Q1 25
$10.6M
Q4 24
Q3 24
$11.6M
Q2 24
Stockholders' Equity
BFLY
BFLY
HCWC
HCWC
Q1 26
$191.2M
Q4 25
$196.0M
$7.3M
Q3 25
$203.8M
$5.9M
Q2 25
$232.8M
$5.8M
Q1 25
$239.7M
$2.1M
Q4 24
$168.8M
Q3 24
$181.8M
$2.9M
Q2 24
$194.3M
Total Assets
BFLY
BFLY
HCWC
HCWC
Q1 26
$285.9M
Q4 25
$296.5M
$33.5M
Q3 25
$290.0M
$33.7M
Q2 25
$313.3M
$36.4M
Q1 25
$318.4M
$34.1M
Q4 24
$256.1M
Q3 24
$265.3M
$33.2M
Q2 24
$273.1M
Debt / Equity
BFLY
BFLY
HCWC
HCWC
Q1 26
Q4 25
1.00×
Q3 25
1.43×
Q2 25
1.69×
Q1 25
5.01×
Q4 24
Q3 24
3.95×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BFLY
BFLY
HCWC
HCWC
Operating Cash FlowLast quarter
$-13.9M
$-855.1K
Free Cash FlowOCF − Capex
$-927.1K
FCF MarginFCF / Revenue
-5.0%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$675.4K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFLY
BFLY
HCWC
HCWC
Q1 26
$-13.9M
Q4 25
$9.0M
$-855.1K
Q3 25
$-2.9M
$-308.7K
Q2 25
$-7.2M
$1.1M
Q1 25
$-11.7M
$1.1M
Q4 24
$-3.1M
Q3 24
$-7.9M
Q2 24
$-10.0M
Free Cash Flow
BFLY
BFLY
HCWC
HCWC
Q1 26
Q4 25
$7.9M
$-927.1K
Q3 25
$-3.9M
$-351.3K
Q2 25
$-8.1M
$988.6K
Q1 25
$-12.0M
$965.3K
Q4 24
$-3.5M
Q3 24
$-8.3M
Q2 24
$-10.7M
FCF Margin
BFLY
BFLY
HCWC
HCWC
Q1 26
Q4 25
25.2%
-5.0%
Q3 25
-18.2%
-1.8%
Q2 25
-34.5%
4.9%
Q1 25
-56.7%
4.8%
Q4 24
-15.8%
Q3 24
-40.5%
Q2 24
-50.0%
Capex Intensity
BFLY
BFLY
HCWC
HCWC
Q1 26
Q4 25
3.4%
0.4%
Q3 25
4.7%
0.2%
Q2 25
3.8%
0.4%
Q1 25
1.7%
0.6%
Q4 24
1.8%
Q3 24
2.0%
Q2 24
3.4%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BFLY
BFLY

Product$14.7M55%
Software and other services$11.9M45%

HCWC
HCWC

Retail Grocery$17.1M91%
Food Service Restaurant$1.7M9%

Related Comparisons