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| Date | Value |
|---|---|
| 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 |