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
DateValue
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%