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Butler National (BUKS) R&D spending by quarter

Butler National's R&D spending was $268K in Q1 FY27 (first quarter fiscal 2027), -37% from Q4 FY26. Over the last 6 quarters it ranged from $262K (Q1 FY26) to $864K (Q3 FY25).

Butler National R&D spending by quarterButler National R&D spending by quarter$864KQ3 FY25$262KQ1 FY26$264KQ2 FY26$514KQ3 FY26$426KQ4 FY26$268KQ1 FY27
QuarterR&D spendingQ/QY/Y
Q1 FY27$268K-37%+2%
Q4 FY26$426K-17%—
Q3 FY26$514K+95%-41%
Q2 FY26$264K+0.8%—
Q1 FY26$262K-70%—
Q3 FY25$864K——

Q1 FY27 at a glance

Butler National, Q1 FY27: revenue $30.8M (+53% year over year), operating margin 24.1%, net earnings $5.3M, operating cash flow $4.6M. The chart follows the revenue to costs, profit and cash.

Questions

What is Butler National's R&D spending?

Butler National's R&D spending was $268K in Q1 FY27 (first quarter fiscal 2027), -37% from Q4 FY26.

How has Butler National's R&D spending changed?

Over the last 6 quarters it ranged from $262K (Q1 FY26) to $864K (Q3 FY25).

Q1 FY27 results → · How Butler National makes money →