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Butterfly Network (BFLY) Revenue & Revenue Breakdown

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Butterfly Network Revenue Highlights

Latest Revenue (Y)

$82.06M

Latest Revenue (Q)

$21.23M

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Butterfly Network Revenue by Period

Butterfly Network Revenue by Year

DateRevenueChange
2024-12-31$82.06M24.52%
2023-12-31$65.90M-10.21%
2022-12-31$73.39M17.30%
2021-12-31$62.56M35.27%
2020-12-31$46.25M67.68%
2019-12-31$27.58M1707.54%
2018-12-31$1.53M-

Butterfly Network generated $82.06M in revenue during NA 2024, up 24.52% compared to the previous quarter, and up 297.49% compared to the same period a year ago.

Butterfly Network Revenue by Quarter

DateRevenueChange
2025-03-31$21.23M-5.04%
2024-12-31$22.35M8.71%
2024-09-30$20.56M-4.31%
2024-06-30$21.49M21.70%
2024-03-31$17.66M6.90%
2023-12-31$16.52M7.10%
2023-09-30$15.42M-16.58%
2023-06-30$18.49M19.46%
2023-03-31$15.48M-18.47%
2022-12-31$18.98M-3.24%
2022-09-30$19.62M2.10%
2022-06-30$19.21M23.38%
2022-03-31$15.57M-17.98%
2021-12-31$18.99M29.86%
2021-09-30$14.62M-11.46%
2021-06-30$16.51M32.71%
2021-03-31$12.44M-20.52%
2020-12-31$15.65M54.46%
2020-09-30$10.13M-14.05%
2020-06-30$11.79M36.01%
2020-03-31$8.67M-19.25%
2019-12-31$10.74M-

Butterfly Network generated $21.23M in revenue during Q1 2025, up -5.04% compared to the previous quarter, and up 128.51% compared to the same period a year ago.

Butterfly Network Revenue Breakdown

Butterfly Network Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21
Service, Other$27.86M$25.86M$23.13M-
Product$54.20M$40.66M$50.26M$47.87M
Loss on product purchase commitment---$13.96M
Subscription---$14.70M

Butterfly Network's latest annual revenue breakdown by segment (product or service), as of Dec 24: Product (66.05%), and Service, Other (33.95%).

Quarterly Revenue by Product

Product/ServiceMar 25Dec 24Sep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Product$14.16M$14.72M$13.54M$14.65M$11.29M$19.53M$12.27M$8.85M$12.66M$13.16M$13.43M$11.01M$14.41M$10.85M$13.01M$9.60M
Software And Other Services$7.06M---------------
Service, Other-$7.63M$7.02M$6.84M$6.37M$13.02M$6.21M$6.63M$6.33M$6.45M------
Subscription----------$5.79M$4.56M$4.57M---
Loss on product purchase commitment------------$2.34M---
Subscription And Circulation-------------$3.77M$3.50M$2.85M
Product Purchase Commitment-------------$11.62M--

Butterfly Network's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Product (66.73%), and Software And Other Services (33.27%).

Butterfly Network Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22Dec 21
Non-US$18.63M---
UNITED STATES$63.42M---
United States-$52.12M$51.07M$42.99M
International-$13.78M--

Butterfly Network's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (77.29%), and Non-US (22.71%).

Quarterly Revenue by Country

CountryMar 25Dec 24Sep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
UNITED STATES$17.04M$48.06M$15.37M-------------
Non-US$4.19M$13.44M$5.20M-------------
United States---$17.04M$13.74M$24.62M$15.49M$12.01M$13.19M$13.58M$12.99M$11.30M$12.67M---
International---$4.45M$3.92M-----------
U-------------$10.22M$11.15M$8.90M
Non Us-------------$4.40M$5.37M$3.55M

Butterfly Network's latest quarterly revenue breakdown by geography, as of Mar 25: UNITED STATES (80.28%), and Non-US (19.72%).

Butterfly Network Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
MDTMedtronic$32.36B$8.29B
LUCDLucid Diagnostics$4.35B$1.20M
MASIMasimo$2.09B$600.70M
IARTIntegra LifeSciences$1.61B$382.65M
INSPInspire Medical Systems$802.80M$201.32M
INMDInMode$492.05M$80.28M
GKOSGlaukos$383.48M$106.66M
KIDSOrthoPediatrics$204.73M$52.67M
BFLYButterfly Network$82.06M$21.23M
NPCENeuroPace$79.91M$21.47M
MASS908 Devices$59.63M$11.78M
CVRXCVRx$51.29M$15.34M
NNOXNano-X Imaging$9.90M$2.55M
MGRMMonogram Orthopaedics--

BFLY Revenue FAQ

What is Butterfly Network’s yearly revenue?

Butterfly Network's yearly revenue for 2024 was $82.06M, representing an increase of 24.52% compared to 2023. The company's yearly revenue for 2023 was $65.9M, representing a decrease of -10.21% compared to 2022. BFLY's yearly revenue for 2022 was $73.39M, representing an increase of 17.30% compared to 2021.

What is Butterfly Network’s quarterly revenue?

Butterfly Network's quarterly revenue for Q1 2025 was $21.22M, a -5.04% decrease from the previous quarter (Q4 2024), and a 20.21% increase year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $22.35M, a 8.71% increase from the previous quarter (Q3 2024), and a 35.33% increase year-over-year (Q4 2023). BFLY's quarterly revenue for Q3 2024 was $20.56M, a -4.31% decrease from the previous quarter (Q2 2024), and a 33.33% increase year-over-year (Q3 2023).

What is Butterfly Network’s revenue growth rate?

Butterfly Network's revenue growth rate for the last 3 years (2022-2024) was 11.81%, and for the last 5 years (2020-2024) was 77.41%.

What are Butterfly Network’s revenue streams?

Butterfly Network's revenue streams in c 24 are Service, Other, and Product. Service, Other generated $27.86M in revenue, accounting 33.95% of the company's total revenue, up 7.70% year-over-year. Product generated $54.2M in revenue, accounting 66.05% of the company's total revenue, up 33.32% year-over-year.

What is Butterfly Network’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Butterfly Network was Product. This segment made a revenue of $54.2M, representing 66.05% of the company's total revenue.