Superworth

Butterfly Network profit margin BFLY

Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.

Net margin, 12 months
−66.7%
Operating margin, 12 months
−70.8%
Net margin on a year earlier
+5.0 pts
Peer median
12.8%

Over the twelve months to Jun 30, 2026, Butterfly Network kept −66.7% of its revenue as net profit, with an operating margin of −70.8% and a gross margin of 52.6%.

The median for 5 medical device stocks of a similar size is 12.8%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−79.0%−88.5%46.9%
FY2024−88.3%−90.7%59.5%
FY2023n/an/a25.6%
FY2022n/an/a53.8%
FY2021−51.8%n/a27.3%
FY2020n/an/an/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−66.7%+5.0 pts−70.8%
Q1 FY26−73.6%+1.9 pts−79.5%
Q4 FY25−79.0%+9.4 pts−88.5%
Q3 FY25−90.3%n/a−98.4%
Q2 FY25−71.8%n/a−79.0%
Q1 FY25−75.6%n/a−82.1%
Q4 FY24−88.3%n/a−90.7%
Q3 FY24n/an/an/a
Q2 FY24n/an/an/a
Q1 FY24n/an/an/a
Q4 FY23n/an/an/a
Q3 FY23n/an/an/a

Against its peers

Companies in Medical - Devices nearest Butterfly Network's size, closest first, today.

CompanyProfit margin
BFLYButterfly Network−66.7%
CNMDCONMED4.1%
TMDXTransMedics22.7%
ITGRInteger7.0%
LIVNLivaNova12.8%
ELMDElectromed15.3%
Peer median12.8%

Where Butterfly Network ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Butterfly Network

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.