Butterfly Network BFLY
NYSE BFLY
$9.10 -0.05 (-0.55%)
As of: Sep 29, 2026 · 3:59 PM EDT

Butterfly Network (BFLY) Raw Materials (2020 - 2024)

Updated

Butterfly Network (BFLY) reported Raw Materials of $49.04 million for Q3 2024, down 32.1% from $72.26 million a year earlier and down 1.1% from the prior quarter.

Analysis

Butterfly Network (BFLY) Raw Materials (2020 - 2024) Analysis & Trends

At the end of FY2023, Butterfly Network posted Raw Materials of $49.37 million, up 19.6% from FY2022.

  • Raw Materials has increased for three consecutive years, with a three-year compound annual growth rate of 85.9% (FY2020 to FY2023).
  • By year, Raw Materials came in at $41.27 million in FY2022 (+107.9%), $19.85 million in FY2021 (+158.2%) and $7.69 million in FY2020.
  • The Q3 2024 figure ranks as the lowest quarterly Raw Materials since Q4 2022.
  • Year over year, Raw Materials gained in six of the last eight quarters, with growth averaging 30.8%.
  • The high point for year-over-year Raw Materials in five years was Q3 2022 (growth of 369.8%); the low point was Q3 2024 (a decline of 32.1%).
  • Per Business Quant data, the three quarters before Q3 2024 came in at $49.57 million (Q2 2024), $49.69 million (Q1 2024) and $49.37 million (Q4 2023).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thermo Fisher Scientific 250.84 Bn 229.99 Bn 4.88 Bn
2 Abbott Laboratories 174.73 Bn 145.82 Bn 7.27 Bn
3 Danaher 159.85 Bn 143.67 Bn 3.61 Bn
4 Intuitive Surgical 146.79 Bn 126.35 Bn 1.96 Bn
5 Medtronic 114.54 Bn 80.41 Bn 6.34 Bn
6 Stryker 105.67 Bn 91.79 Bn 4.50 Bn
7 Boston Scientific 63.93 Bn 58.94 Bn 3.85 Bn
8 Becton Dickinson 50.12 Bn 47.27 Bn 2.32 Bn
9 Edwards Lifesciences 50.06 Bn 34.17 Bn 1.35 Bn
10 Butterfly Network 2.18 Bn 1.62 Bn 23.29 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2024 49.04 Mn
Jun 30, 2024 49.57 Mn
Mar 31, 2024 49.69 Mn
Dec 31, 2023 49.37 Mn
Sep 30, 2023 72.26 Mn
Jun 30, 2023 65.79 Mn
Mar 31, 2023 49.33 Mn
Dec 31, 2022 41.27 Mn
Sep 30, 2022 38.85 Mn
Jun 30, 2022 48.64 Mn
Mar 31, 2022 32.16 Mn
Dec 31, 2021 19.85 Mn
Sep 30, 2021 8.27 Mn
Jun 30, 2021 32.02 Mn
Mar 31, 2021 19.81 Mn
Dec 31, 2020 7.69 Mn
API Access

Butterfly Network Raw Materials API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=raw-materials&ticker=BFLY&period=max&api_key=YOUR_API_KEY