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| Date | Value |
|---|---|
| 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 |