Butterfly Network (BFLY) Net Margin (2020 - 2026)
Butterfly Network's (BFLY) quarterly Net Margin came in at 47.78% in Q1 2026, up 1802.0% year-on-year from 2.51% in Q1 2025, and up 1.53% quarter-over-quarter from 48.52% in Q4 2025.
Butterfly Network (BFLY) Net Margin (2020 - 2026) Analysis & Trends
Butterfly Network has disclosed Net Margin across 7 years of filings, most recently posting 47.78% for Q1 2026.
- Net Margin for Q1 2026 came in at 47.78%, up 1802.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 73.63% (up 194.0% YoY), and the FY2025 annual result was 78.95%, up 940.0% from the prior year.
- Net Margin came in at 47.78% for Q1 2026 at Butterfly Network, up from 48.52% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 47.78% in Q1 2026 to a low of 285.58% in Q1 2022.
- The 5-year median for Net Margin is 155.09% (2023), against an average of 146.11%.
- Across the five-year window, Net Margin tumbled 28004 bps in 2022 and soared 18615 bps in 2024, its largest moves.
- Butterfly Network's Net Margin stood at 177.54% in 2022, then sank by 50 bps to 267.14% in 2023, then soared by 70 bps to 80.99% in 2024, then jumped by 40 bps to 48.52% in 2025, then advanced by 2 bps to 47.78% in 2026.
- The last three Net Margin figures came in at 47.78% (Q1 2026), 48.52% (Q4 2025), and 158.09% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.92 Bn | 146.27 Bn | 6.27 Bn | 9.65% |
| 2 | Stryker | 119.50 Bn | 116.62 Bn | 3.81 Bn | 12.38% |
| 3 | Medtronic | 102.71 Bn | 94.54 Bn | 5.76 Bn | 12.75% |
| 4 | Boston Scientific | 69.72 Bn | 68.51 Bn | 3.61 Bn | 25.77% |
| 5 | Edwards Lifesciences | 49.24 Bn | 45.57 Bn | 1.29 Bn | - |
| 6 | GE HealthCare Technologies | 29.74 Bn | 27.67 Bn | 1.98 Bn | 8.01% |
| 7 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.00% |
| 8 | Dexcom | 28.96 Bn | 27.84 Bn | 750.30 Mn | 16.74% |
| 9 | Steris | 20.31 Bn | 19.88 Bn | 697.10 Mn | - |
| 10 | Butterfly Network | 1.42 Bn | 1.28 Bn | 18.29 Mn | -47.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -47.78% |
| Dec 31, 2025 | -48.52% |
| Sep 30, 2025 | -158.09% |
| Jun 30, 2025 | -59.16% |
| Mar 31, 2025 | -65.80% |
| Dec 31, 2024 | -80.99% |
| Sep 30, 2024 | -82.31% |
| Jun 30, 2024 | -73.10% |
| Mar 31, 2024 | -123.25% |
| Dec 31, 2023 | -267.14% |
| Sep 30, 2023 | -177.47% |
| Jun 30, 2023 | -155.09% |
| Mar 31, 2023 | -216.72% |
| Dec 31, 2022 | -177.54% |
| Sep 30, 2022 | -279.04% |
| Jun 30, 2022 | -186.32% |
| Mar 31, 2022 | -285.58% |
| Dec 31, 2021 | -80.14% |
| Sep 30, 2021 | -92.75% |
| Jun 30, 2021 | -17.82% |