Butterfly Network (BFLY) Research & Development (2020 - 2026)

Butterfly Network has disclosed Research & Development across 7 years of filings, most recently posting $11.5 million for Q2 2026.

• In Q2 2026, Research & Development fell 0.8% year-over-year to $11.5 million; the TTM figure through Jun 2026 stood at $45.6 million (up 2.11% YoY), while the FY2025 annual figure was $45.9 million, up 10.37% from the prior year.
• Research & Development came in at $11.5 million for Q2 2026 at Butterfly Network, roughly flat from $11.4 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $23.6 million in Q1 2022 to a low of $9.6 million in Q3 2024.
• Average Research & Development over 5 years is $14.1 million, with a median of $11.7 million recorded in 2024.
• Year-over-year, Research & Development soared 50.31% in 2022 and plunged 44.96% in 2023.
• Over 5 years, Research & Development stood at $19.2 million in 2022, then plunged by 41.51% to $11.2 million in 2023, then increased by 5.77% to $11.9 million in 2024, then increased by 1.83% to $12.1 million in 2025, then slipped by 5.0% to $11.5 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $11.5 million in Q2 2026, $11.4 million in Q1 2026, and $12.1 million in Q4 2025.