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

Butterfly Network has disclosed Gross Margin across 7 years of filings, most recently posting 68.92% for Q1 2026.

• Gross Margin for Q1 2026 came in at 68.92%, up 588.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 49.21% (down 1145.0% YoY), and the FY2025 annual result was 46.85%, down 1266.0% from the prior year.
• Gross Margin came in at 68.92% for Q1 2026 at Butterfly Network, up from 67.34% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 68.92% in Q1 2026 to a low of 75.91% in Q4 2023.
• The 5-year median for Gross Margin is 58.73% (2023), against an average of 47.11%.
• Across the five-year window, Gross Margin slumped 12625 bps in 2023 and surged 13736 bps in 2024, its largest moves.
• Butterfly Network's Gross Margin stood at 50.34% in 2022, then sank by 251 bps to 75.91% in 2023, then soared by 181 bps to 61.45% in 2024, then increased by 10 bps to 67.34% in 2025, then climbed by 2 bps to 68.92% in 2026.
• The last three Gross Margin figures came in at 68.92% (Q1 2026), 67.34% (Q4 2025), and 17.48% (Q3 2025), per Business Quant data.