Butterfly Network (BFLY) Cost of Revenue (2020 - 2026)

Butterfly Network's Cost of Revenue history runs 7 years deep, the most recent figure standing at $11.4 million for Q1 2026.

• In Q1 2026, Cost of Revenue fell 1.75% year-over-year to $11.4 million; the TTM figure through Mar 2026 stood at $51.7 million (up 24.42% YoY), while the FY2025 annual figure was $51.9 million, up 24.8% from the prior year.
• Cost of Revenue came in at $11.4 million for Q1 2026 at Butterfly Network, down from $18.1 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $35.0 million in Q4 2022 to a low of $7.2 million in Q1 2022.
• A 5-year average of $12.3 million and a median of $10.4 million in 2024 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue surged 132.44% in 2022 and tumbled 70.57% in 2023, its largest moves.
• Butterfly Network's Cost of Revenue stood at $35.0 million in 2022, then sank by 70.57% to $10.3 million in 2023, then grew by 15.12% to $11.9 million in 2024, then surged by 52.45% to $18.1 million in 2025, then slumped by 36.82% to $11.4 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $11.4 million, $18.1 million, and $10.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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