Butterfly Network BFLY
NYSE BFLY
$7.61 +0.09 (+1.20%)
As of: Sep 9, 2026 · 12:06 PM EDT

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

Butterfly Network's (BFLY) quarterly Cost of Revenue came in at $9.3 million in Q2 2026, up 9.8% year-over-year from $8.5 million in Q2 2025, and up 13.09% quarter-over-quarter from $8.2 million in Q1 2026.

Analysis

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 $9.3 million for Q2 2026.

  • In Q2 2026, Cost of Revenue rose 9.8% year-over-year to $9.3 million; the TTM figure through Jun 2026 stood at $53.1 million (up 59.57% YoY), while the FY2025 annual figure was $51.9 million, up 56.14% from the prior year.
  • Cost of Revenue came in at $9.3 million for Q2 2026 at Butterfly Network, up from $8.2 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.
  • Average Cost of Revenue over 5 years is $10.3 million, with a median of $8.6 million recorded in 2024.
  • Year-over-year, Cost of Revenue jumped 208.19% in 2023 and tumbled 70.34% in 2024.
  • Over 5 years, Cost of Revenue stood at $9.4 million in 2022, then jumped by 208.19% to $29.1 million in 2023, then plunged by 70.34% to $8.6 million in 2024, then gained by 19.46% to $10.3 million in 2025, then retreated by 9.41% to $9.3 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $9.3 million in Q2 2026, $8.2 million in Q1 2026, and $10.3 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 GE HealthCare Technologies 29.92 Bn 27.81 Bn 2.18 Bn 2.25 Bn
2 Lantheus Holdings 6.57 Bn 5.98 Bn 241.86 Mn 146.33 Mn
3 Heartflow 4.12 Bn 3.74 Bn 53.19 Mn 10.89 Mn
4 Neogen 2.60 Bn 2.41 Bn 107.80 Mn 117.50 Mn
5 Butterfly Network 2.00 Bn 1.87 Bn 23.29 Mn 9.32 Mn
6 Ceribell 924.37 Mn 795.11 Mn 25.94 Mn 2.16 Mn
7 QuidelOrtho 879.02 Mn 755.62 Mn - -
8 Varex Imaging 779.06 Mn 679.86 Mn 76.70 Mn 133.80 Mn
9 Prenetics Global 340.55 Mn 281.50 Mn 30.20 Mn 16.29 Mn
10 CapsoVision 325.09 Mn 316.02 Mn 1.87 Mn 1.77 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 9.32 Mn
Mar 31, 2026 8.25 Mn
Dec 31, 2025 10.29 Mn
Sep 30, 2025 25.25 Mn
Jun 30, 2025 8.49 Mn
Mar 31, 2025 7.85 Mn
Dec 31, 2024 8.62 Mn
Sep 30, 2024 8.33 Mn
Jun 30, 2024 8.90 Mn
Mar 31, 2024 7.38 Mn
Dec 31, 2023 29.05 Mn
Sep 30, 2023 6.04 Mn
Jun 30, 2023 7.57 Mn
Mar 31, 2023 6.39 Mn
Dec 31, 2022 9.43 Mn
Sep 30, 2022 8.63 Mn
Jun 30, 2022 8.64 Mn
Mar 31, 2022 7.23 Mn
Dec 31, 2021 11.45 Mn
Sep 30, 2021 19.74 Mn