Butterfly Network (BFLY) Cost of Revenue (2020 - 2026)
Butterfly Network (BFLY) reported Cost of Revenue of $8.2 million for Q1 2026, up 5.1% on a YoY basis from $7.8 million in Q1 2025, and down 19.9% sequentially from $10.3 million in Q4 2025.
Butterfly Network (BFLY) Cost of Revenue (2020 - 2026) Analysis & Trends
Butterfly Network (BFLY) has 7 years of Cost of Revenue data on file, last reported at $8.2 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 5.1% year-over-year to $8.2 million; the trailing twelve-month figure through Mar 2026 stood at $52.3 million (up 55.17% YoY), and the FY2025 full-year result was $51.9 million, up 56.14% from the prior year.
- Cost of Revenue eased to $8.2 million in Q1 2026, from $10.3 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $29.1 million in Q4 2023 to a low of $6.0 million in Q3 2023.
- A 5-year average of $10.4 million and a median of $8.5 million in 2025 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue soared 208.19% in 2023 and slumped 70.34% in 2024, its largest moves.
- Tracing BFLY's Cost of Revenue over 5 years: stood at $9.4 million in 2022, then soared by 208.19% to $29.1 million in 2023, then tumbled by 70.34% to $8.6 million in 2024, then rose by 19.46% to $10.3 million in 2025, then retreated by 19.9% to $8.2 million in 2026.
- Business Quant data shows BFLY's Cost of Revenue at $8.2 million in Q1 2026, $10.3 million in Q4 2025, and $25.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 182.32 Bn | 175.02 Bn | 6.27 Bn | 4.89 Bn |
| 2 | Stryker | 128.75 Bn | 125.88 Bn | 3.81 Bn | 2.21 Bn |
| 3 | Medtronic | 107.83 Bn | 98.61 Bn | 6.41 Bn | 3.40 Bn |
| 4 | Boston Scientific | 67.61 Bn | 66.15 Bn | 3.61 Bn | 12.00 Mn |
| 5 | Edwards Lifesciences | 48.13 Bn | 44.45 Bn | 1.29 Bn | 362.60 Mn |
| 6 | Dexcom | 28.26 Bn | 27.14 Bn | 750.30 Mn | 441.60 Mn |
| 7 | GE HealthCare Technologies | 27.78 Bn | 25.50 Bn | 1.98 Bn | 481.00 Mn |
| 8 | Smith & Nephew | 26.99 Bn | 26.41 Bn | - | - |
| 9 | Koninklijke Philips | 23.92 Bn | 20.80 Bn | 2.07 Bn | 2.51 Bn |
| 10 | Butterfly Network | 1.79 Bn | 1.65 Bn | 18.29 Mn | 8.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.25 Mn |
| Mar 31, 2026 | 8.25 Mn |
| Dec 31, 2025 | 10.29 Mn |
| Dec 31, 2025 | 10.29 Mn |
| Sep 30, 2025 | 25.25 Mn |
| Sep 30, 2025 | 25.25 Mn |
| Jun 30, 2025 | 8.49 Mn |
| Jun 30, 2025 | 8.49 Mn |
| Mar 31, 2025 | 7.85 Mn |
| Mar 31, 2025 | 7.85 Mn |
| Dec 31, 2024 | 8.62 Mn |
| Dec 31, 2024 | 8.62 Mn |
| Sep 30, 2024 | 8.33 Mn |
| Sep 30, 2024 | 8.33 Mn |
| Jun 30, 2024 | 8.90 Mn |
| Jun 30, 2024 | 8.90 Mn |
| Mar 31, 2024 | 7.38 Mn |
| Mar 31, 2024 | 7.38 Mn |
| Dec 31, 2023 | 29.05 Mn |
| Dec 31, 2023 | 29.05 Mn |