Butterfly Network BFLY
NYSE BFLY
$7.11 -0.36 (-4.76%)
As of: Sep 10, 2026 · 3:25 PM EDT

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

Butterfly Network's (BFLY) quarterly Operating Expenses came in at $37.0 million in Q2 2026, up 19.23% year-over-year from $31.0 million in Q2 2025, and up 14.91% quarter-over-quarter from $32.2 million in Q1 2026.

Analysis

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

Butterfly Network has disclosed Operating Expenses across 7 years of filings, most recently posting $37.0 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 19.23% year-over-year to $37.0 million; the TTM figure through Jun 2026 stood at $138.4 million (up 12.2% YoY), while the FY2025 annual figure was $132.1 million, up 7.23% from the prior year.
  • Operating Expenses came in at $37.0 million for Q2 2026 at Butterfly Network, up from $32.2 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.
  • Average Operating Expenses over 5 years is $40.0 million, with a median of $35.6 million recorded in 2023.
  • Year-over-year, Operating Expenses surged 31.44% in 2022 and sank 41.61% in 2023.
  • Over 5 years, Operating Expenses stood at $58.6 million in 2022, then plunged by 41.61% to $34.2 million in 2023, then slipped by 9.2% to $31.0 million in 2024, then advanced by 22.18% to $37.9 million in 2025, then decreased by 2.59% to $37.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $37.0 million in Q2 2026, $32.2 million in Q1 2026, and $37.9 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE HealthCare Technologies 29.27 Bn 27.16 Bn 2.18 Bn 1.44 Bn
2 Lantheus Holdings 6.55 Bn 5.96 Bn 241.86 Mn 103.44 Mn
3 Heartflow 3.98 Bn 3.60 Bn 53.19 Mn 71.09 Mn
4 Neogen 2.53 Bn 2.35 Bn 107.80 Mn 104.70 Mn
5 Butterfly Network 1.86 Bn 1.73 Bn 23.29 Mn 36.95 Mn
6 Ceribell 886.53 Mn 757.26 Mn 25.94 Mn 45.92 Mn
7 QuidelOrtho 832.92 Mn 709.52 Mn - -
8 Varex Imaging 778.85 Mn 679.65 Mn 76.70 Mn 53.90 Mn
9 Prenetics Global 332.89 Mn 273.84 Mn 30.20 Mn -10.82 Mn
10 CapsoVision 326.59 Mn 317.51 Mn 1.87 Mn 9.45 Mn
Historic Data

Historic Data

Download Data
DateValue
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