Sprout Social (SPT) Research & Development (2019 - 2026)

Sprout Social (SPT) reported Research & Development of $26.9 million for Q1 2026, up 16.01% year-over-year from $23.2 million in Q1 2025, and down 5.1% quarter-over-quarter from $28.4 million in Q4 2025.

Sprout Social (SPT) Research & Development (2019 - 2026) Analysis & Trends

Sprout Social (SPT) has 8 years of Research & Development data on file, last reported at $26.9 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $26.9 million, up 16.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $105.0 million (up 2.68% YoY), and the FY2025 annual result was $101.3 million, down 1.47% from the prior year.
  • Research & Development retreated to $26.9 million in Q1 2026 per SPT's latest filing, from $28.4 million in the prior quarter.
  • Over five years, Research & Development peaked at $28.4 million in Q4 2025 and troughed at $13.1 million in Q1 2022.
  • A 5-year average of $21.9 million and a median of $23.2 million in 2025 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2025: Research & Development jumped 70.67% in 2022, then decreased 4.58% in 2025.
  • A 5-year view of Research & Development shows it stood at $16.7 million in 2022, then jumped by 35.54% to $22.7 million in 2023, then climbed by 21.91% to $27.6 million in 2024, then increased by 2.78% to $28.4 million in 2025, then dropped by 5.1% to $26.9 million in 2026.
  • Business Quant data shows SPT's Research & Development at $26.9 million in Q1 2026, $28.4 million in Q4 2025, and $25.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -37.02 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 951.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 437.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 1.63 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 508.44 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 823.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 253.90 Mn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 1.20 Bn
10 Sprout Social 424.18 Mn 312.56 Mn 93.51 Mn 26.95 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 26.95 Mn
Dec 31, 2025 28.40 Mn
Sep 30, 2025 25.07 Mn
Jun 30, 2025 24.59 Mn
Mar 31, 2025 23.23 Mn
Dec 31, 2024 27.63 Mn
Sep 30, 2024 26.27 Mn
Jun 30, 2024 25.13 Mn
Mar 31, 2024 23.77 Mn
Dec 31, 2023 22.66 Mn
Sep 30, 2023 20.06 Mn
Jun 30, 2023 18.96 Mn
Mar 31, 2023 17.88 Mn
Dec 31, 2022 16.72 Mn
Sep 30, 2022 16.28 Mn
Jun 30, 2022 15.37 Mn
Mar 31, 2022 13.07 Mn
Dec 31, 2021 12.22 Mn
Sep 30, 2021 10.55 Mn
Jun 30, 2021 9.01 Mn