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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |