Butterfly Network (BFLY) Net Margin (2020 - 2026)
Butterfly Network's (BFLY) quarterly Net Margin came in at 39.59% in Q2 2026, up 1958.0% year-over-year from 1.92% in Q2 2025, and up 17.15% quarter-over-quarter from 47.78% in Q1 2026.
Analysis
Butterfly Network (BFLY) Net Margin (2020 - 2026) Analysis & Trends
Butterfly Network has disclosed Net Margin across 7 years of filings, most recently posting 39.59% for Q2 2026.
- In Q2 2026, Net Margin rose 1958.0% year-over-year to 39.59%; the TTM figure through Jun 2026 stood at 66.74% (up 504.0% YoY), while the FY2025 annual figure was 78.95%, up 939.0% from the prior year.
- Net Margin came in at 39.59% for Q2 2026 at Butterfly Network, up from 47.78% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 39.59% in Q2 2026 to a low of 285.58% in Q1 2022.
- Average Net Margin over 5 years is 140.19%, with a median of 139.17% recorded in 2023.
- Year-over-year, Net Margin slumped 28004 bps in 2022 and jumped 18616 bps in 2024.
- Over 5 years, Net Margin stood at 177.54% in 2022, then tumbled 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 rose by 18 bps to 39.59% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 39.59% in Q2 2026, 47.78% in Q1 2026, and 48.52% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 31.10 Bn | 29.22 Bn | 2.18 Bn | 10.84% |
| 2 | Lantheus Holdings | 6.59 Bn | 6.00 Bn | 241.86 Mn | 19.33% |
| 3 | Heartflow | 4.24 Bn | 3.87 Bn | 53.19 Mn | -24.57% |
| 4 | Neogen | 2.58 Bn | 2.39 Bn | 107.80 Mn | -4.66% |
| 5 | Butterfly Network | 1.75 Bn | 1.62 Bn | 23.29 Mn | -39.59% |
| 6 | QuidelOrtho | 954.15 Mn | 830.75 Mn | - | - |
| 7 | Ceribell | 944.88 Mn | 815.62 Mn | 25.94 Mn | -68.58% |
| 8 | Anbio Biotechnology | 941.05 Mn | 929.15 Mn | - | - |
| 9 | Varex Imaging | 780.16 Mn | 694.86 Mn | 76.70 Mn | 7.55% |
| 10 | Prenetics Global | 357.49 Mn | 298.35 Mn | 30.20 Mn | -19.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -39.59% |
| 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% |