Sprout Social SPT
NASDAQ SPT
$11.36 -0.01 (-0.09%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Sprout Social's (SPT) quarterly Research & Development came in at $47.4 million in Q2 2026, down 1.53% year-over-year from $48.2 million in Q2 2025, and down 2.33% quarter-over-quarter from $48.5 million in Q1 2026.

Analysis

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

Sprout Social (SPT) has reported Research & Development for 8 consecutive years, with $47.4 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development fell 1.53% year-over-year to $47.4 million in Q2 2026; TTM through Jun 2026 was $190.9 million, a 1.02% increase from a year earlier, with the FY2025 full-year figure at $190.6 million, up 3.5% from the prior year.
  • Research & Development was $47.4 million for Q2 2026 at Sprout Social, down from $48.5 million in the prior quarter.
  • Over five years, Research & Development peaked at $48.5 million in Q1 2026 and troughed at $25.6 million in Q1 2022.
  • A 5-year average of $42.4 million and a median of $46.0 million in 2024 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development soared 53.11% in 2022 and declined 3.15% in 2024, its largest moves.
  • Over 5 years, Research & Development stood at $35.3 million in 2022, then jumped by 34.14% to $47.4 million in 2023, then decreased by 3.15% to $45.9 million in 2024, then increased by 4.43% to $47.9 million in 2025, then slipped by 1.05% to $47.4 million in 2026.
  • The last three Research & Development figures came in at $47.4 million (Q2 2026), $48.5 million (Q1 2026), and $47.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Zeta Global Holdings 7.10 Bn 6.79 Bn 261.77 Mn 104.04 Mn
2 Klaviyo 5.52 Bn 4.69 Bn 269.10 Mn 139.30 Mn
3 Braze 3.60 Bn 3.21 Bn 138.66 Mn 89.19 Mn
4 LiveRamp Holdings 2.30 Bn 1.92 Bn 150.94 Mn 51.93 Mn
5 Sharplink 865.57 Mn 809.37 Mn 11.27 Mn -
6 Sprout Social 688.23 Mn 568.30 Mn 96.09 Mn 47.42 Mn
7 Yext 645.34 Mn 558.52 Mn 83.84 Mn 26.31 Mn
8 TechTarget 292.93 Mn 247.11 Mn 64.48 Mn 29.67 Mn
9 Marchex 69.04 Mn 60.89 Mn 6.60 Mn 2.30 Mn
10 Grandstand 66.68 Mn 57.88 Mn 31.83 Mn -16.14 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 47.42 Mn
Mar 31, 2026 48.55 Mn
Dec 31, 2025 47.92 Mn
Sep 30, 2025 47.03 Mn
Jun 30, 2025 48.15 Mn
Mar 31, 2025 47.45 Mn
Dec 31, 2024 45.89 Mn
Sep 30, 2024 47.50 Mn
Jun 30, 2024 46.19 Mn
Mar 31, 2024 44.54 Mn
Dec 31, 2023 47.38 Mn
Sep 30, 2023 44.50 Mn
Jun 30, 2023 39.31 Mn
Mar 31, 2023 36.91 Mn
Dec 31, 2022 35.32 Mn
Sep 30, 2022 32.41 Mn
Jun 30, 2022 30.35 Mn
Mar 31, 2022 25.61 Mn
Dec 31, 2021 24.82 Mn
Sep 30, 2021 21.38 Mn