Butterfly Network, Inc. (BFLY) stock
BFLYNYSEX-Ray Apparatus & Tubes & Related Irradiation ApparatusFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 6/30232% above fair value
$6.67−0.47 (-6.58%)
Close on Nov 12, 2026Market cap $1.78BP/E –Yield 0.00%
Butterfly Network r&d expenses
Research and development expenses are spending on new products and technology.
Butterfly Network's R&D Expenses for the twelve months ending Sep 30, 2026 was $39.57M, up 10.6% year over year. For fiscal 2025 it was $36.26M, down 4.1% from the year before. The highest annual figure on record is $88.04M in fiscal 2022.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $36.26M | -4.1% |
| FY2024 | Dec 31, 2024 | $37.80M | -32.0% |
| FY2023 | Dec 31, 2023 | $55.62M | -36.8% |
| FY2022 | Dec 31, 2022 | $88.04M | +18.2% |
| FY2021 | Dec 31, 2021 | $74.46M | +49.7% |
| FY2020 | Dec 31, 2020 | $49.74M | +1.6% |
| FY2019 | Dec 31, 2019 | $48.93M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $10.17M | +16.9% |
| Q2 FY2026 | Jun 30, 2026 | $10.54M | +26.8% |
| Q1 FY2026 | Mar 31, 2026 | $9.54M | -3.9% |
| Q4 FY2025 | Dec 31, 2025 | $9.32M | +5.6% |
| Q3 FY2025 | Sep 30, 2025 | $8.70M | -1.6% |
| Q2 FY2025 | Jun 30, 2025 | $8.32M | -11.6% |
| Q1 FY2025 | Mar 31, 2025 | $9.92M | -7.4% |
| Q4 FY2024 | Dec 31, 2024 | $8.83M | -21.3% |
| Q3 FY2024 | Sep 30, 2024 | $8.84M | -27.1% |
| Q2 FY2024 | Jun 30, 2024 | $9.41M | -39.8% |
| Q1 FY2024 | Mar 31, 2024 | $10.72M | -35.6% |
| Q4 FY2023 | Dec 31, 2023 | $11.21M | -41.5% |
| Q3 FY2023 | Sep 30, 2023 | $12.13M | -45.0% |
| Q2 FY2023 | Jun 30, 2023 | $15.63M | -32.7% |
| Q1 FY2023 | Mar 31, 2023 | $16.65M | -29.5% |
| Q4 FY2022 | Dec 31, 2022 | $19.16M | -4.2% |
| Q3 FY2022 | Sep 30, 2022 | $22.04M | +1.8% |
| Q2 FY2022 | Jun 30, 2022 | $23.22M | +35.9% |
| Q1 FY2022 | Mar 31, 2022 | $23.62M | +50.3% |
| Q4 FY2021 | Dec 31, 2021 | $20.00M | +50.3% |
| Q3 FY2021 | Sep 30, 2021 | $21.65M | +80.9% |
| Q2 FY2021 | Jun 30, 2021 | $17.09M | +43.1% |
| Q1 FY2021 | Mar 31, 2021 | $15.72M | +25.6% |
| Q4 FY2020 | Dec 31, 2020 | $13.31M | – |
| Q3 FY2020 | Sep 30, 2020 | $11.97M | – |
| Q2 FY2020 | Jun 30, 2020 | $11.94M | – |
| Q1 FY2020 | Mar 31, 2020 | $12.52M | – |
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