Sprout Social (SPT) Research & Development (2019 - 2026)
Sprout Social (SPT) posted quarterly Research & Development of $48.5 million for Q1 2026, up 108.99% year-over-year from $23.2 million in Q1 2025, and up 217.38% quarter-over-quarter from -$41.4 million in Q4 2025.
Sprout Social (SPT) Research & Development (2019 - 2026) Analysis & Trends
Sprout Social (SPT) has reported Research & Development for 8 consecutive years, with $48.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 108.99% year-over-year to $48.5 million; the TTM figure through Mar 2026 stood at $102.4 million (down 50.02% YoY), while the FY2025 annual figure was $101.3 million, down 44.99% from the prior year.
- Research & Development rose to $48.5 million in Q1 2026 per SPT's latest filing, from -$41.4 million in the prior quarter.
- Across five years, Research & Development topped out at $109.0 million in Q4 2024 and bottomed at -$41.4 million in Q4 2025.
- Historically, Research & Development has averaged $26.6 million across 5 years, with a median of $25.1 million in 2024.
- Annual changes were most pronounced in 2023 — Research & Development tumbled 346.19% — and 2024, when it jumped 364.7%.
- Sprout Social's Research & Development stood at $16.7 million in 2022, then tumbled by 346.19% to -$41.2 million in 2023, then soared by 364.7% to $109.0 million in 2024, then tumbled by 137.96% to -$41.4 million in 2025, then surged by 217.38% to $48.5 million in 2026.
- Business Quant data shows SPT's Research & Development at $48.5 million in Q1 2026, -$41.4 million in Q4 2025, and $47.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Sprout Social | 599.18 Mn | 479.25 Mn | 96.09 Mn | 47.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 47.42 Mn |
| Mar 31, 2026 | 48.55 Mn |
| Dec 31, 2025 | -41.36 Mn |
| Sep 30, 2025 | 47.03 Mn |
| Jun 30, 2025 | 48.15 Mn |
| Mar 31, 2025 | 23.23 Mn |
| Dec 31, 2024 | 108.96 Mn |
| Sep 30, 2024 | 47.50 Mn |
| Jun 30, 2024 | 25.13 Mn |
| Mar 31, 2024 | 23.77 Mn |
| Dec 31, 2023 | -41.16 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 | 32.41 Mn |
| Jun 30, 2022 | 30.35 Mn |
| Mar 31, 2022 | 25.61 Mn |
| Dec 31, 2021 | 12.22 Mn |
| Sep 30, 2021 | 21.38 Mn |