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

Butterfly Network (BFLY) has 7 years of Research & Development data on file, last reported at $9.5 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development fell 3.89% year-over-year to $9.5 million; the trailing twelve-month figure through Mar 2026 stood at $43.8 million (up 9.39% YoY), and the FY2025 full-year result was $45.9 million, up 10.37% from the prior year.
• Research & Development eased to $9.5 million in Q1 2026, from $12.1 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $40.9 million in Q4 2022 to a low of $8.8 million in Q3 2024.
• A 5-year average of $14.1 million and a median of $11.6 million in 2025 frame the typical range for Research & Development.
• Across the five-year window, Research & Development surged 171.84% in 2022 and plunged 74.84% in 2023, its largest moves.
• Tracing BFLY's Research & Development over 5 years: stood at $40.9 million in 2022, then sank by 74.84% to $10.3 million in 2023, then advanced by 15.12% to $11.9 million in 2024, then grew by 1.83% to $12.1 million in 2025, then fell by 20.98% to $9.5 million in 2026.
• Business Quant data shows BFLY's Research & Development at $9.5 million in Q1 2026, $12.1 million in Q4 2025, and $10.6 million in Q3 2025.