Sprinklr (CXM) Research & Development (2020 - 2026)
Sprinklr (CXM) posted Research & Development of -$120.7 million for Q1 2026, down 588.38% on a QoQ basis from $24.7 million in Q4 2025, and up 20.48% year-over-year from -$100.1 million in Q1 2025.
Sprinklr (CXM) Research & Development (2020 - 2026) Analysis & Trends
Sprinklr's Research & Development history runs 7 years deep, the most recent figure standing at -$120.7 million for Q1 2026.
- Quarterly Research & Development rose 20.48% year-over-year to -$120.7 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was -$2.6 million (up 90.71% YoY) and the FY2026 annual result came in at $96.0 million, up 4.78% from the prior year.
- Research & Development was -$120.7 million for Q1 2026 at Sprinklr, down from $24.7 million in the prior quarter.
- Across five years, Research & Development topped out at $86.9 million in Q3 2022 and bottomed at -$176.8 million in Q1 2023.
- A 5-year average of -$1.8 million and a median of $22.8 million in 2025 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development jumped 564.26% — and 2023, when it tumbled 1213.52%.
- Sprinklr's Research & Development stood at $19.2 million in 2022, then jumped by 292.78% to $75.4 million in 2023, then rose by 3.91% to $78.4 million in 2024, then sank by 68.48% to $24.7 million in 2025, then sank by 588.38% to -$120.7 million in 2026.
- Business Quant data shows CXM's Research & Development at -$120.7 million in Q1 2026, $24.7 million in Q4 2025, and $70.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Sprinklr | 1.38 Bn | 1.22 Bn | 144.83 Mn | -120.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -120.66 Mn |
| Oct 31, 2025 | 24.71 Mn |
| Jul 31, 2025 | 70.58 Mn |
| Apr 30, 2025 | 22.81 Mn |
| Jan 31, 2025 | -151.75 Mn |
| Oct 31, 2024 | 78.40 Mn |
| Jul 31, 2024 | 23.23 Mn |
| Apr 30, 2024 | 22.54 Mn |
| Jan 31, 2024 | -153.47 Mn |
| Oct 31, 2023 | 75.45 Mn |
| Jul 31, 2023 | 24.32 Mn |
| Apr 30, 2023 | 20.76 Mn |
| Jan 31, 2023 | -176.76 Mn |
| Oct 31, 2022 | 19.21 Mn |
| Jul 31, 2022 | 86.94 Mn |
| Apr 30, 2022 | 86.94 Mn |
| Jan 31, 2022 | 15.87 Mn |
| Oct 31, 2021 | 74.70 Mn |
| Jul 31, 2021 | 15.04 Mn |
| Apr 30, 2021 | 13.09 Mn |