Growth Metrics

Butterfly Network (BFLY) Gross Margin (2020 - 2026)

Butterfly Network's Gross Margin history spans 7 years, with the latest figure at 68.92% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 588.0% to 68.92% in Q1 2026 year-over-year; TTM through Mar 2026 was 49.21%, a 1145.0% decrease, with the full-year FY2025 number at 46.85%, down 1266.0% from a year prior.
  • Gross Margin hit 68.92% in Q1 2026 for Butterfly Network, up from 67.34% in the prior quarter.
  • Over the last five years, Gross Margin for BFLY hit a ceiling of 68.92% in Q1 2026 and a floor of 75.91% in Q4 2023.
  • Historically, Gross Margin has averaged 47.11% across 5 years, with a median of 58.73% in 2023.
  • Biggest five-year swings in Gross Margin: plummeted -12625bps in 2023 and later skyrocketed 13736bps in 2024.
  • Tracing BFLY's Gross Margin over 5 years: stood at 50.34% in 2022, then plummeted by -251bps to 75.91% in 2023, then skyrocketed by 181bps to 61.45% in 2024, then rose by 10bps to 67.34% in 2025, then grew by 2bps to 68.92% in 2026.
  • Business Quant data shows Gross Margin for BFLY at 68.92% in Q1 2026, 67.34% in Q4 2025, and 17.48% in Q3 2025.