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

Sprout Social's (SPT) quarterly Research & Development came in at $48.5 million in Q1 2026, up 108.99% year-on-year from $23.2 million in Q1 2025, and up 217.38% on a QoQ basis from -$41.4 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 $48.5 million in Q1 2026.

  • On a quarterly basis, Research & Development rose 108.99% year-over-year to $48.5 million in Q1 2026; TTM through Mar 2026 was $102.4 million, a 50.02% decrease from a year earlier, with the FY2025 full-year figure at $101.3 million, down 44.99% from the prior year.
  • Research & Development for Q1 2026 stood at $48.5 million, up from -$41.4 million in the prior quarter.
  • Over the last five years, Research & Development for SPT reached as high as $109.0 million in Q4 2024 and fell as low as -$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.
  • Across the five-year window, Research & Development sank 346.19% in 2023 and surged 364.7% in 2024, its largest moves.
  • Year by year, Research & Development stood at $16.7 million in 2022, then tumbled by 346.19% to -$41.2 million in 2023, then surged by 364.7% to $109.0 million in 2024, then tumbled by 137.96% to -$41.4 million in 2025, then jumped by 217.38% to $48.5 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $48.5 million in Q1 2026, -$41.4 million in Q4 2025, and $47.0 million in Q3 2025.

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 Sprout Social 65.75 Mn -45.87 Mn 93.51 Mn 48.55 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 9.01 Mn