Growth Metrics

Butterfly Network (BFLY) Cost of Revenue (2020 - 2025)

Butterfly Network's Cost of Revenue history spans 6 years, with the latest figure at $4.3 million for Q4 2025.

  • For Q4 2025, Cost of Revenue fell 63.78% year-over-year to $4.3 million; the TTM value through Dec 2025 reached $45.9 million, up 12.61%, while the annual FY2025 figure was $45.9 million, 10.37% up from the prior year.
  • Cost of Revenue for Q4 2025 was $4.3 million at Butterfly Network, down from $25.2 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $25.2 million in Q3 2025 and bottomed at $4.3 million in Q4 2025.
  • The 5-year median for Cost of Revenue is $10.3 million (2023), against an average of $11.2 million.
  • The largest annual shift saw Cost of Revenue tumbled 75.13% in 2021 before it skyrocketed 162.79% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $11.4 million in 2021, then rose by 5.21% to $12.0 million in 2022, then decreased by 14.5% to $10.3 million in 2023, then grew by 15.12% to $11.9 million in 2024, then tumbled by 63.78% to $4.3 million in 2025.
  • Per Business Quant, the three most recent readings for BFLY's Cost of Revenue are $4.3 million (Q4 2025), $25.2 million (Q3 2025), and $4.7 million (Q2 2025).