Sprout Social (SPT) Research & Development (2019 - 2026)
Sprout Social (SPT) posted Research & Development of $26.64 million for Q2 2026, up 8.4% from $24.59 million a year earlier but down 1.1% from the prior quarter.
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Analysis
Sprout Social (SPT) Research & Development (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Sprout Social was $107.05 million, up 5.2% year-over-year; for FY2025, it was $101.28 million, down 1.5% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 27.1% (FY2020 to FY2025).
- In prior years, Sprout Social's Research & Development was $102.79 million in FY2024 (+29.2%), $79.55 million in FY2023 (+29.5%), $61.44 million in FY2022 (+53.4%) and $40.05 million in FY2021 (+31.3%).
- Quarterly Research & Development has run from a low of $10.55 million in Q3 2021 to a high of $28.4 million in Q4 2025 over five years.
- On a year-over-year basis, Research & Development has increased in each of the last three quarters, with growth averaging 8.9% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was Q2 2022, with growth of 70.7%; the weakest was Q3 2025, with a decline of 4.6%.
- According to Business Quant data, Research & Development for the three prior quarters was $26.95 million (Q1 2026), $28.4 million (Q4 2025) and $25.07 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 404.43 Bn | 369.25 Bn | 1.93 Bn | 219.72 Mn |
| 2 | Oracle | 355.53 Bn | 227.67 Bn | - | 2.40 Bn |
| 3 | Sap Se | 273.98 Bn | 227.60 Bn | - | - |
| 4 | Salesforce | 174.33 Bn | 130.20 Bn | 8.70 Bn | 1.69 Bn |
| 5 | Automatic Data Processing | 117.87 Bn | 104.66 Bn | 2.53 Bn | 251.30 Mn |
| 6 | ServiceNow | 104.89 Bn | 84.15 Bn | 2.90 Bn | 956.00 Mn |
| 7 | Intuit | 93.22 Bn | 72.57 Bn | 3.44 Bn | 857.00 Mn |
| 8 | Relx | 72.75 Bn | 71.83 Bn | - | - |
| 9 | Strategy | 49.49 Bn | 36.63 Bn | 89.63 Mn | 24.06 Mn |
| 10 | Sprout Social | 597.37 Mn | 166.82 Mn | 95.81 Mn | 28.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.91 Mn |
| Jun 30, 2026 | 26.64 Mn |
| 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 |
API Access
Sprout Social Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=SPT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SPT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=SPT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();