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
DateValue
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