Growth Metrics

Butterfly Network (BFLY) Operating Expenses (2020 - 2025)

Butterfly Network's Operating Expenses history spans 6 years, with the latest figure at $37.9 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 22.18% year-over-year to $37.9 million; the TTM value through Dec 2025 reached $132.1 million, up 7.23%, while the annual FY2025 figure was $132.1 million, 7.23% up from the prior year.
  • Operating Expenses for Q4 2025 was $37.9 million at Butterfly Network, up from $31.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $60.2 million in Q1 2021 and bottomed at $29.5 million in Q3 2024.
  • The 5-year median for Operating Expenses is $42.1 million (2023), against an average of $43.0 million.
  • The largest annual shift saw Operating Expenses soared 37251.22% in 2021 before it plummeted 41.61% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $52.8 million in 2021, then rose by 10.81% to $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 rose by 22.18% to $37.9 million in 2025.
  • Per Business Quant, the three most recent readings for BFLY's Operating Expenses are $37.9 million (Q4 2025), $31.4 million (Q3 2025), and $31.0 million (Q2 2025).