Butterfly Network (BFLY) Operating Expenses (2020 - 2026)
Butterfly Network (BFLY) posted Operating Expenses of $37.0 million for Q2 2026, up 14.91% sequentially from $32.2 million in Q1 2026, and up 19.23% YoY from $31.0 million in Q2 2025.
Butterfly Network (BFLY) Operating Expenses (2020 - 2026) Analysis & Trends
Butterfly Network has reported Operating Expenses for 7 years, with the latest figure at $37.0 million in Q2 2026.
- Quarterly Operating Expenses rose 19.23% year-over-year to $37.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $138.4 million (up 12.2% YoY) and the FY2025 annual result came in at $132.1 million, up 7.23% from the prior year.
- Operating Expenses advanced to $37.0 million in Q2 2026 per BFLY's latest filing, from $32.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $59.0 million in Q2 2022 and troughed at $29.5 million in Q3 2024.
- A 5-year average of $40.0 million and a median of $35.6 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 31.44% in 2022, then slumped 41.61% in 2023.
- Over 5 years, Operating Expenses stood at $58.6 million in 2022, then slumped by 41.61% to $34.2 million in 2023, then declined by 9.2% to $31.0 million in 2024, then grew by 22.18% to $37.9 million in 2025, then dropped by 2.59% to $37.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $37.0 million, $32.2 million, and $37.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Butterfly Network | 2.41 Bn | 2.28 Bn | 23.29 Mn | 36.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 36.95 Mn |
| 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 |