Quick Answer
Butterfly Network, Inc. reported R&D Expense of $36.26 million for fiscal year 2025.
Butterfly Network, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $36.26M | -4.1% |
| 2024 | $37.80M | -32.0% |
| 2023 | $55.62M | -36.8% |
| 2022 | $88.04M | +18.2% |
| 2021 | $74.46M | +49.7% |
| 2020 | $49.74M | +1.6% |
| 2019 | $48.93M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $8.70M | -1.6% | +4.7% |
| June 30, 2025 | $8.31M | -11.6% | -16.2% |
| March 31, 2025 | $9.92M | -7.4% | +12.2% |
| September 30, 2024 | $8.84M | -27.1% | -6.0% |
| June 30, 2024 | $9.41M | -39.8% | -12.2% |
| March 31, 2024 | $10.72M | -35.6% | -11.6% |
| September 30, 2023 | $12.13M | -45.0% | -22.4% |
| June 30, 2023 | $15.63M | -32.7% | -6.2% |
- Butterfly Network, Inc. showed a decrease of -4.1% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2025 period, Butterfly Network, Inc.’s r&d expense has declined by 25.9% (from $48.93 million to $36.26 million).
- The most recent figure is from Butterfly Network, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 27, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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