Butterfly Network, Inc. (BFLY) Revenue History
Annual and quarterly revenue from 2018 to 2025
Compound Annual Growth Rate (CAGR)
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BFLY Revenue Growth
Revenue Breakdown (FY 2025)
BFLY's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
BFLY Revenue Analysis (2018–2025)
As of May 8, 2026, Butterfly Network, Inc. (BFLY) generated trailing twelve-month (TTM) revenue of $102.9 million, reflecting exceptional growth of +25.0% year-over-year. The most recent quarter (Q1 2026) recorded $26.5 million in revenue, down 15.8% sequentially.
Looking at the longer-term picture, BFLY's 5-year compound annual growth rate (CAGR) stands at +16.1%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $97.6 million in 2025, representing a new all-time high.
Revenue diversification analysis shows BFLY's business is primarily driven by Product (65%), and Software And Other Services (35%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Healthcare sector peers including SONO (-0.2% YoY), INVA (+13.6% YoY), and AEYE (+14.5% YoY), BFLY has underperformed the peer group in terms of revenue growth. Compare BFLY vs SONO →
BFLY Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BFLYCurrent | $103M | +25.0% | +16.1% | -88.5% | |
 SONO | $1.4B | -0.2% | +1.7% | -3.5% | |
 INVA | $425M | +13.6% | +4.8% | 38.5% | |
 AEYE | $40M | +14.5% | +14.5% | -7.9% | |
 EXAS | $3.2B | +17.7% | +16.8% | -6.4% | |
 PRCT | $308M | +29.3% | +109.0% | -33.7% |
BFLY Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $97.6M | +19.0% | $45.7M | 46.9% | $-86,415,000 | -88.5% |
| 2024 | $82.1M | +24.5% | $48.8M | 59.5% | $-74,411,000 | -90.7% |
| 2023 | $65.9M | -10.2% | $16.9M | 25.6% | $-145,610,000 | -221.0% |
| 2022 | $73.4M | +17.3% | $39.5M | 53.8% | $-193,020,000 | -263.0% |
| 2021 | $62.6M | +35.3% | $17.1M | 27.3% | $-192,728,000 | -308.0% |
| 2020 | $46.3M | +67.7% | $-61,223,000 | -132.4% | $-161,619,000 | -349.4% |
| 2019 | $27.6M | +1707.5% | $-20,895,000 | -75.8% | $-102,296,000 | -370.9% |
| 2018 | $1.5M | - | $-729,000 | -47.8% | $-53,086,000 | -3478.8% |
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Start ComparisonBFLY — Frequently Asked Questions
Quick answers to the most common questions about buying BFLY stock.
Is BFLY's revenue growth accelerating or slowing?
BFLY revenue is accelerating at +25.0% year-over-year, exceeding the 5-year CAGR of +16.1%. TTM revenue reached $103M. Growth momentum has increased versus prior periods.
What is BFLY's long-term revenue growth rate?
Butterfly Network, Inc.'s 5-year revenue CAGR of +16.1% reflects the sustained expansion pattern. Current YoY growth of +25.0% is above this long-term average.
How is BFLY's revenue distributed by segment?
BFLY reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2025 are available for download. Segment mix reveals concentration and diversification trends.