Butterfly Network (BFLY) EBT Margin (2020 - 2026)
Butterfly Network (BFLY) recorded EBT Margin of -39.59% in Q2 2026, up 19.49 percentage points from -59.08% a year earlier and up 8.20 percentage points from the prior quarter.
Butterfly Network (BFLY) EBT Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Butterfly Network's EBT Margin came in at -66.67% as of Jun 30, 2026, up 5.14 percentage points year-over-year; for FY2025, it was -78.84%, up 9.55 percentage points from FY2024.
- Annual EBT Margin has increased for three straight years, with a five-year change of +272.94 percentage points (FY2020 to FY2025).
- Across earlier years, EBT Margin came in at -88.38% in FY2024 (+114.38 pp), -202.76% in FY2023 (+27.08 pp), -229.84% in FY2022 (-178.23 pp) and -51.61% in FY2021 (+300.17 pp).
- The Q2 2026 figure is the highest quarterly EBT Margin since Q2 2021.
- On a year-over-year basis, EBT Margin has increased for three consecutive quarters, with an average year-over-year change of +43.39 percentage points over the last eight quarters.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 816.91 percentage points in Q3 2021, against a drop of 280.12 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -47.78% (Q1 2026), -48.31% (Q4 2025) and -158.01% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.79 Bn | 234.30 Bn | 5.13 Bn | 17.20% |
| 2 | Abbott Laboratories | 190.83 Bn | 164.70 Bn | 7.39 Bn | 9.46% |
| 3 | Danaher | 162.10 Bn | 141.75 Bn | 3.84 Bn | 17.27% |
| 4 | Intuitive Surgical | 158.05 Bn | 138.34 Bn | 2.08 Bn | 21.92% |
| 5 | Medtronic | 130.31 Bn | 95.56 Bn | 6.34 Bn | 18.13% |
| 6 | Stryker | 124.76 Bn | 110.95 Bn | 4.25 Bn | 15.29% |
| 7 | Boston Scientific | 62.03 Bn | 57.46 Bn | 3.43 Bn | 14.27% |
| 8 | Edwards Lifesciences | 58.73 Bn | 41.94 Bn | 1.35 Bn | 21.17% |
| 9 | Becton Dickinson | 58.33 Bn | 55.48 Bn | 2.32 Bn | 11.12% |
| 10 | Butterfly Network | 1.67 Bn | 1.13 Bn | 23.80 Mn | -39.29% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -39.29% |
| Jun 30, 2026 | -39.59% |
| Mar 31, 2026 | -47.78% |
| Dec 31, 2025 | -48.31% |
| Sep 30, 2025 | -158.01% |
| Jun 30, 2025 | -59.08% |
| Mar 31, 2025 | -65.77% |
| Dec 31, 2024 | -81.48% |
| Sep 30, 2024 | -82.03% |
| Jun 30, 2024 | -73.02% |
| Mar 31, 2024 | -123.23% |
| Dec 31, 2023 | -267.14% |
| Sep 30, 2023 | -177.46% |
| Jun 30, 2023 | -155.12% |
| Mar 31, 2023 | -216.16% |
| Dec 31, 2022 | -177.68% |
| Sep 30, 2022 | -278.90% |
| Jun 30, 2022 | -186.20% |
| Mar 31, 2022 | -285.48% |
| Dec 31, 2021 | -79.88% |
Butterfly Network EBT 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=ebt-margin&ticker=BFLY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=BFLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();