Butterfly Network (BFLY) Revenue & Revenue Breakdown

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Butterfly Network Revenue Highlights

Latest Revenue (Y)

$82.06M

Latest Revenue (Q)

$23.38M

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Butterfly Network Revenue by Period

Butterfly Network Revenue by Year

Date	Revenue	Change
2024-12-31	$82.06M	24.52%
2023-12-31	$65.90M	-10.21%
2022-12-31	$73.39M	17.30%
2021-12-31	$62.56M	35.27%
2020-12-31	$46.25M	67.68%
2019-12-31	$27.58M	1707.54%
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

Date	Revenue	Change
2025-06-30	$23.38M	10.17%
2025-03-31	$21.23M	-5.04%
2024-12-31	$22.35M	8.71%
2024-09-30	$20.56M	-4.31%
2024-06-30	$21.49M	21.70%
2024-03-31	$17.66M	6.90%
2023-12-31	$16.52M	7.10%
2023-09-30	$15.42M	-16.58%
2023-06-30	$18.49M	19.46%
2023-03-31	$15.48M	-18.47%
2022-12-31	$18.98M	-3.24%
2022-09-30	$19.62M	2.10%
2022-06-30	$19.21M	23.38%
2022-03-31	$15.57M	-17.98%
2021-12-31	$18.99M	29.86%
2021-09-30	$14.62M	-11.46%
2021-06-30	$16.51M	32.71%
2021-03-31	$12.44M	-20.52%
2020-12-31	$15.65M	54.46%
2020-09-30	$10.13M	-14.05%
2020-06-30	$11.79M	36.01%
2020-03-31	$8.67M	-19.25%
2019-12-31	$10.74M	-

Butterfly Network generated $23.38M in revenue during Q2 2025, up 10.17% compared to the previous quarter, and up 132.44% compared to the same period a year ago.

Butterfly Network Revenue Breakdown

Butterfly Network Revenue Breakdown by Product

Annual Revenue by Product

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

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/Service	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
Product	$16.62M	$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	$6.76M	$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 Jun 25: Product (71.08%), and Software And Other Services (28.92%).

Butterfly Network Revenue Breakdown by Country

Annual Revenue by Country

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

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

Country	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
Non-US	$5.84M	$4.19M	$13.44M	$5.20M	-	-	-	-	-	-	-	-	-	-	-	-	-
UNITED STATES	$17.54M	$17.04M	$48.06M	$15.37M	-	-	-	-	-	-	-	-	-	-	-	-	-
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	-	-	-	-	-	-	-	-	-	-	-
Non Us	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.40M	$5.37M	$3.55M
U	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$10.22M	$11.15M	$8.90M

Butterfly Network's latest quarterly revenue breakdown by geography, as of Jun 25: UNITED STATES (75.01%), and Non-US (24.99%).

Butterfly Network Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
VREX	Varex Imaging	$811.00M	$212.90M
AVNS	Avanos Medical	$687.80M	$175.00M
ZIMV	ZimVie	$449.75M	$112.00M
KIDS	OrthoPediatrics	$204.73M	$61.08M
PACB	Pacific Biosciences of California	$154.01M	$37.15M
ARCT	Arcturus Therapeutics	$152.31M	$28.30M
BFLY	Butterfly Network	$82.06M	$23.38M
CBLL	CeriBell	$45.23M	$21.20M
CMPX	Compass Therapeutics	-	-
SVRA	Savara	-	-
OFIX	Orthofix Medical	-	$203.12M

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 Q2 2025 was $23.38M, a 10.17% increase from the previous quarter (Q1 2025), and a 8.82% increase year-over-year (Q2 2024). The company'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). BFLY'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).

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