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Butterfly Network (BFLYW) Research & Development (2020 - 2025)

Butterfly Network (BFLYW) has disclosed Research & Development for 6 consecutive years, with $9.3 million as the latest value for Q4 2025.

  • Quarterly Research & Development rose 5.61% to $9.3 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $36.3 million through Dec 2025, down 4.07% year-over-year, with the annual reading at $36.3 million for FY2025, 4.07% down from the prior year.
  • Research & Development hit $9.3 million in Q4 2025 for Butterfly Network, up from $8.7 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.
  • Historically, Research & Development has averaged $14.6 million across 5 years, with a median of $13.9 million in 2023.
  • Biggest five-year swings in Research & Development: surged 80.89% in 2021 and later plummeted 44.96% in 2023.
  • Year by year, Research & Development stood at $20.0 million in 2021, then dropped by 4.2% to $19.2 million in 2022, then plummeted by 41.51% to $11.2 million in 2023, then fell by 21.25% to $8.8 million in 2024, then grew by 5.61% to $9.3 million in 2025.
  • Business Quant data shows Research & Development for BFLYW at $9.3 million in Q4 2025, $8.7 million in Q3 2025, and $8.3 million in Q2 2025.