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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 16.04% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 12.10% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 17.21% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 36.46% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 18.13% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 23.74% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 19.48% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 11.12% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 29.86% |
| 10 | Butterfly Network | 2.18 Bn | 1.62 Bn | 23.29 Mn | -39.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | -92.77% |
API Access
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_KEYimport 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();