Growth Metrics

Butterfly Network (BFLYW) Gross Margin (2020 - 2025)

Butterfly Network (BFLYW) has disclosed Gross Margin for 6 consecutive years, with 67.34% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 589.0% to 67.34% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 46.85% through Dec 2025, down 1265.0% year-over-year, with the annual reading at 46.85% for FY2025, 1266.0% down from the prior year.
  • Gross Margin hit 67.34% in Q4 2025 for Butterfly Network, up from 17.48% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 67.34% in Q4 2025 to a low of 75.91% in Q4 2023.
  • Historically, Gross Margin has averaged 41.9% across 5 years, with a median of 57.11% in 2022.
  • Biggest five-year swings in Gross Margin: surged 64825bps in 2021 and later plummeted -12625bps in 2023.
  • Year by year, Gross Margin stood at 39.71% in 2021, then rose by 27bps to 50.34% in 2022, then tumbled by -251bps to 75.91% in 2023, then surged by 181bps to 61.45% in 2024, then grew by 10bps to 67.34% in 2025.
  • Business Quant data shows Gross Margin for BFLYW at 67.34% in Q4 2025, 17.48% in Q3 2025, and 63.68% in Q2 2025.