Butterfly Network (BFLY) Cost of Revenue (2020 - 2026)
Butterfly Network's (BFLY) quarterly Cost of Revenue came in at $11.4 million in Q1 2026, down 1.75% year-on-year from $11.6 million in Q1 2025, and down 36.82% quarter-over-quarter from $18.1 million in Q4 2025.
Butterfly Network (BFLY) Cost of Revenue (2020 - 2026) Analysis & Trends
Butterfly Network has disclosed Cost of Revenue across 7 years of filings, most recently posting $11.4 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $11.4 million, down 1.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $51.7 million (up 24.42% YoY), and the FY2025 annual result 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.
- The 5-year median for Cost of Revenue is $10.4 million (2024), against an average of $12.3 million.
- Across the five-year window, Cost of Revenue jumped 132.44% in 2022 and plunged 70.57% in 2023, its largest moves.
- Butterfly Network's Cost of Revenue stood at $35.0 million in 2022, then slumped by 70.57% to $10.3 million in 2023, then climbed by 15.12% to $11.9 million in 2024, then jumped by 52.45% to $18.1 million in 2025, then tumbled by 36.82% to $11.4 million in 2026.
- The last three Cost of Revenue figures came in at $11.4 million (Q1 2026), $18.1 million (Q4 2025), and $10.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 4.89 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 2.21 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 3.26 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 1.59 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 362.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 2.51 Bn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 441.60 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 481.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 891.20 Mn |
| 10 | Butterfly Network | 2.29 Bn | 2.15 Bn | 18.29 Mn | 11.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.42 Mn |
| Mar 31, 2026 | 11.42 Mn |
| Dec 31, 2025 | 18.07 Mn |
| Dec 31, 2025 | 18.07 Mn |
| Sep 30, 2025 | 10.63 Mn |
| Sep 30, 2025 | 10.63 Mn |
| Jun 30, 2025 | 11.56 Mn |
| Jun 30, 2025 | 11.56 Mn |
| Mar 31, 2025 | 11.62 Mn |
| Mar 31, 2025 | 11.62 Mn |
| Dec 31, 2024 | 11.85 Mn |
| Dec 31, 2024 | 11.85 Mn |
| Sep 30, 2024 | 8.33 Mn |
| Sep 30, 2024 | 8.33 Mn |
| Jun 30, 2024 | 9.73 Mn |
| Jun 30, 2024 | 9.73 Mn |
| Mar 31, 2024 | 10.38 Mn |
| Mar 31, 2024 | 10.38 Mn |
| Dec 31, 2023 | 10.30 Mn |
| Dec 31, 2023 | 10.30 Mn |