Butterfly Network (BFLY) Tax Rate (2020 - 2025)
Butterfly Network's (BFLY) quarterly Tax Rate came in at 0.44% in Q4 2025, down 104.0% year-over-year from 11.0% in Q4 2024, and down 833.9% quarter-over-quarter from 0.05% in Q3 2025.
Analysis
Butterfly Network (BFLY) Tax Rate (2020 - 2025) Analysis & Trends
Butterfly Network has disclosed Tax Rate across 6 years of filings, most recently posting 0.44% for Q4 2025.
- In Q4 2025, Tax Rate fell 104.0% year-over-year to 0.44%; the TTM figure through Jun 2026 stood at 0.11% (down 15.0% YoY), while the FY2025 annual figure was 0.14%, down 19.0% from the prior year.
- Tax Rate came in at 0.44% for Q4 2025 at Butterfly Network, down from 0.05% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 0.6% in Q4 2024 to a low of 3.6% in Q1 2021.
- Average Tax Rate over 5 years is 0.34%, with a median of 0.05% recorded in 2025.
- Year-over-year, Tax Rate sank 356 bps in 2021 and soared 357 bps in 2022.
- Over 5 years, Tax Rate stood at 0.31% in 2021, then jumped by 125 bps to 0.08% in 2022, then sank by 109 bps to 0.01% in 2023, then jumped by 8365 bps to 0.6% in 2024, then slumped by 173 bps to 0.44% in 2025.
- Per Business Quant data, the three most recent Tax Rate figures were 0.44% in Q4 2025, 0.05% in Q3 2025, and 0.14% in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.65 Bn | 27.54 Bn | 2.18 Bn | 17.17% |
| 2 | Lantheus Holdings | 6.58 Bn | 5.98 Bn | 241.86 Mn | 20.03% |
| 3 | Heartflow | 4.05 Bn | 3.67 Bn | 53.19 Mn | -0.14% |
| 4 | Neogen | 2.57 Bn | 2.39 Bn | 107.80 Mn | 13.22% |
| 5 | Butterfly Network | 1.97 Bn | 1.84 Bn | 23.29 Mn | - |
| 6 | Ceribell | 926.46 Mn | 797.20 Mn | 25.94 Mn | - |
| 7 | QuidelOrtho | 870.83 Mn | 747.43 Mn | - | - |
| 8 | Varex Imaging | 778.85 Mn | 679.65 Mn | 76.70 Mn | 1.85% |
| 9 | Prenetics Global | 343.01 Mn | 283.96 Mn | 30.20 Mn | 0.06% |
| 10 | CapsoVision | 317.60 Mn | 308.53 Mn | 1.87 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -0.44% |
| Sep 30, 2025 | -0.05% |
| Jun 30, 2025 | -0.14% |
| Mar 31, 2025 | -0.05% |
| Dec 31, 2024 | 0.60% |
| Sep 30, 2024 | -0.34% |
| Jun 30, 2024 | -0.11% |
| Mar 31, 2024 | -0.01% |
| Sep 30, 2023 | -0.01% |
| Jun 30, 2023 | 0.02% |
| Mar 31, 2023 | -0.26% |
| Dec 31, 2022 | 0.08% |
| Sep 30, 2022 | -0.05% |
| Jun 30, 2022 | -0.06% |
| Mar 31, 2022 | -0.04% |
| Dec 31, 2021 | -0.31% |
| Sep 30, 2021 | 0.02% |
| Jun 30, 2021 | -1.76% |
| Mar 31, 2021 | -3.60% |
| Dec 31, 2020 | -0.03% |