Butterfly Network (BFLY) Operating Expenses (2020 - 2026)

Butterfly Network (BFLY) reported Operating Expenses of $32.2 million for Q1 2026, up 0.97% on a YoY basis from $31.8 million in Q1 2025, and down 15.22% sequentially from $37.9 million in Q4 2025.

Butterfly Network (BFLY) Operating Expenses (2020 - 2026) Analysis & Trends

Butterfly Network (BFLY) has 7 years of Operating Expenses data on file, last reported at $32.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 0.97% year-over-year to $32.2 million; the trailing twelve-month figure through Mar 2026 stood at $132.5 million (up 8.4% YoY), and the FY2025 full-year result was $132.1 million, up 7.23% from the prior year.
  • Operating Expenses slipped to $32.2 million in Q1 2026, from $37.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $59.0 million in Q2 2022 to a low of $29.5 million in Q3 2024.
  • A 5-year average of $40.1 million and a median of $34.2 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 31.44% in 2022 and plunged 41.61% in 2023, its largest moves.
  • Tracing BFLY's Operating Expenses over 5 years: stood at $58.6 million in 2022, then tumbled by 41.61% to $34.2 million in 2023, then decreased by 9.2% to $31.0 million in 2024, then gained by 22.18% to $37.9 million in 2025, then retreated by 15.22% to $32.2 million in 2026.
  • Business Quant data shows BFLY's Operating Expenses at $32.2 million in Q1 2026, $37.9 million in Q4 2025, and $31.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 Butterfly Network 1.70 Bn 1.56 Bn 18.29 Mn 32.16 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 32.16 Mn
Dec 31, 2025 37.93 Mn
Sep 30, 2025 31.38 Mn
Jun 30, 2025 30.99 Mn
Mar 31, 2025 31.85 Mn
Dec 31, 2024 31.05 Mn
Sep 30, 2024 29.48 Mn
Jun 30, 2024 29.82 Mn
Mar 31, 2024 32.90 Mn
Dec 31, 2023 34.19 Mn
Sep 30, 2023 41.95 Mn
Jun 30, 2023 42.19 Mn
Mar 31, 2023 44.14 Mn
Dec 31, 2022 58.56 Mn
Sep 30, 2022 57.02 Mn
Jun 30, 2022 59.03 Mn
Mar 31, 2022 57.88 Mn
Dec 31, 2021 52.85 Mn
Sep 30, 2021 51.87 Mn
Jun 30, 2021 44.91 Mn