Butterfly Network (BFLY) EBITDA Margin (2020 - 2026)
Butterfly Network's EBITDA Margin came in at -36.81% for Q2 2026, up 23.14 percentage points from -59.95% a year earlier and up 8.66 percentage points from the prior quarter.
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Analysis
Butterfly Network (BFLY) EBITDA Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Butterfly Network reported EBITDA Margin of -64.45%, up 3.61 percentage points year-over-year; for FY2025, it came in at -80.25%, down 2.17 percentage points from FY2024.
- EBITDA Margin carries a five-year change of +266.33 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was -78.08% in FY2024 (+126.83 pp), -204.91% in FY2023 (+50.01 pp), -254.92% in FY2022 (+49.78 pp) and -304.70% in FY2021 (+41.88 pp).
- The Q2 2026 figure represents the highest quarterly EBITDA Margin in data going back to Q1 2020.
- Year-over-year, EBITDA Margin has increased for three consecutive quarters, with an average year-over-year change of +43.92 percentage points over the last eight quarters.
- The fastest year-over-year change in EBITDA Margin over five years came in Q3 2021 (a gain of 516.67 percentage points), and the weakest in Q4 2021 (a drop of 95.84 percentage points).
- Business Quant data shows BFLY's EBITDA Margin at -45.47% (Q1 2026), -47.46% (Q4 2025) and -154.73% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 24.20% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 21.86% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 28.51% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 41.08% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 25.55% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 29.67% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 28.17% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 31.93% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 24.62% |
| 10 | Butterfly Network | 2.17 Bn | 1.61 Bn | 23.29 Mn | -36.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -36.81% |
| Mar 31, 2026 | -45.47% |
| Dec 31, 2025 | -47.46% |
| Sep 30, 2025 | -154.73% |
| Jun 30, 2025 | -59.95% |
| Mar 31, 2025 | -75.89% |
| Dec 31, 2024 | -66.24% |
| Sep 30, 2024 | -71.14% |
| Jun 30, 2024 | -67.94% |
| Mar 31, 2024 | -113.49% |
| Dec 31, 2023 | -269.37% |
| Sep 30, 2023 | -185.05% |
| Jun 30, 2023 | -157.25% |
| Mar 31, 2023 | -212.82% |
| Dec 31, 2022 | -248.29% |
| Sep 30, 2022 | -225.08% |
| Jun 30, 2022 | -245.14% |
| Mar 31, 2022 | -312.66% |
| Dec 31, 2021 | -235.08% |
| Sep 30, 2021 | -386.31% |
API Access
Butterfly Network EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=BFLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "BFLY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=BFLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();