Butterfly Network (BFLY) Asset Utilization Ratio (2020 - 2026)
Butterfly Network's Asset Utilization Ratio came in at 0.39 for Q2 2026, up 42.3% from 0.28 a year earlier and up 11.6% from the prior quarter.
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Analysis
Butterfly Network (BFLY) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
For FY2025, Butterfly Network's Asset Utilization Ratio was 0.35, up 20.6% from FY2024.
- Asset Utilization Ratio has increased in each of the last three years.
- Going back by year, Asset Utilization Ratio was 0.29 in FY2024 (+60.4%), 0.18 in FY2023 (+23.1%), 0.15 in FY2022 (-14.7%) and 0.17 in FY2021.
- The Q2 2026 figure represents the highest quarterly Asset Utilization Ratio in data going back to Q4 2020.
- Year-over-year, Asset Utilization Ratio has increased for 17 consecutive quarters, with growth averaging 25.6% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q3 2022 (growth of 59.7%), and the weakest in Q4 2021 (a decline of 34.0%).
- Business Quant data shows BFLY's Asset Utilization Ratio at 0.35 (Q1 2026), 0.33 (Q4 2025) and 0.29 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 253.56 Bn | 232.59 Bn | 4.88 Bn | 0.41 |
| 2 | Abbott Laboratories | 182.81 Bn | 153.24 Bn | 7.27 Bn | 0.42 |
| 3 | Danaher | 159.04 Bn | 142.85 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 154.51 Bn | 133.93 Bn | 1.96 Bn | 0.54 |
| 5 | Medtronic | 121.22 Bn | 86.47 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 116.46 Bn | 102.58 Bn | 4.50 Bn | 0.55 |
| 7 | Boston Scientific | 67.41 Bn | 62.18 Bn | 3.85 Bn | 0.47 |
| 8 | Becton Dickinson | 53.02 Bn | 50.17 Bn | 2.32 Bn | 0.46 |
| 9 | Edwards Lifesciences | 50.68 Bn | 34.68 Bn | 1.35 Bn | 0.48 |
| 10 | Butterfly Network | 1.92 Bn | 1.36 Bn | 23.29 Mn | 0.39 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.39 |
| Mar 31, 2026 | 0.35 |
| Dec 31, 2025 | 0.33 |
| Sep 30, 2025 | 0.29 |
| Jun 30, 2025 | 0.28 |
| Mar 31, 2025 | 0.30 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.23 |
| Dec 31, 2023 | 0.21 |
| Sep 30, 2023 | 0.20 |
| Jun 30, 2023 | 0.19 |
| Mar 31, 2023 | 0.18 |
| Dec 31, 2022 | 0.17 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 0.13 |
| Mar 31, 2022 | 0.12 |
| Dec 31, 2021 | 0.11 |
| Sep 30, 2021 | 0.10 |
API Access
Butterfly Network Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BFLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "BFLY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BFLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();