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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |