Growth Metrics

Butterfly Network (BFLY) Net Margin (2020 - 2025)

Butterfly Network's Net Margin history spans 6 years, with the latest figure at 48.49% for Q4 2025.

  • For Q4 2025, Net Margin rose 3250.0% year-over-year to 48.49%; the TTM value through Dec 2025 reached 78.94%, up 941.0%, while the annual FY2025 figure was 78.94%, 941.0% up from the prior year.
  • Net Margin for Q4 2025 was 48.49% at Butterfly Network, up from 158.09% in the prior quarter.
  • Across five years, Net Margin topped out at 5.55% in Q1 2021 and bottomed at 285.58% in Q1 2022.
  • The 5-year median for Net Margin is 108.0% (2021), against an average of 131.62%.
  • The largest annual shift saw Net Margin surged 81705bps in 2021 before it tumbled -28004bps in 2022.
  • A 5-year view of Net Margin shows it stood at 80.14% in 2021, then crashed by -122bps to 177.54% in 2022, then crashed by -50bps to 267.14% in 2023, then skyrocketed by 70bps to 80.99% in 2024, then surged by 40bps to 48.49% in 2025.
  • Per Business Quant, the three most recent readings for BFLY's Net Margin are 48.49% (Q4 2025), 158.09% (Q3 2025), and 59.16% (Q2 2025).