Sprout Social (SPT) Research & Development (2019 - 2026)
Sprout Social (SPT) reported Research & Development of $26.9 million for Q1 2026, up 16.01% year-over-year from $23.2 million in Q1 2025, and down 5.1% quarter-over-quarter from $28.4 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 $26.9 million in Q1 2026.
- Research & Development for Q1 2026 came in at $26.9 million, up 16.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $105.0 million (up 2.68% YoY), and the FY2025 annual result was $101.3 million, down 1.47% from the prior year.
- Research & Development retreated to $26.9 million in Q1 2026 per SPT's latest filing, from $28.4 million in the prior quarter.
- Over five years, Research & Development peaked at $28.4 million in Q4 2025 and troughed at $13.1 million in Q1 2022.
- A 5-year average of $21.9 million and a median of $23.2 million in 2025 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2025: Research & Development jumped 70.67% in 2022, then decreased 4.58% in 2025.
- A 5-year view of Research & Development shows it stood at $16.7 million in 2022, then jumped by 35.54% to $22.7 million in 2023, then climbed by 21.91% to $27.6 million in 2024, then increased by 2.78% to $28.4 million in 2025, then dropped by 5.1% to $26.9 million in 2026.
- Business Quant data shows SPT's Research & Development at $26.9 million in Q1 2026, $28.4 million in Q4 2025, and $25.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -37.02 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 437.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.63 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 508.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 823.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.20 Bn |
| 10 | Sprout Social | 424.18 Mn | 312.56 Mn | 93.51 Mn | 26.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 10.55 Mn |
| Jun 30, 2021 | 9.01 Mn |