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

Butterfly Network's Research & Development history runs 7 years deep, the most recent figure standing at $9.5 million for Q1 2026.

• In Q1 2026, Research & Development fell 3.89% year-over-year to $9.5 million; the TTM figure through Mar 2026 stood at $35.9 million (down 3.05% YoY), while the FY2025 annual figure was $36.3 million, down 4.07% from the prior year.
• Research & Development came in at $9.5 million for Q1 2026 at Butterfly Network, up from $9.3 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 $8.3 million in Q2 2025.
• A 5-year average of $13.4 million and a median of $10.7 million in 2024 frame the typical range for Research & Development.
• Across the five-year window, Research & Development soared 50.31% in 2022 and plunged 44.96% in 2023, its largest moves.
• Butterfly Network's Research & Development stood at $19.2 million in 2022, then sank by 41.51% to $11.2 million in 2023, then decreased by 21.25% to $8.8 million in 2024, then rose by 5.61% to $9.3 million in 2025, then increased by 2.34% to $9.5 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $9.5 million, $9.3 million, and $8.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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