Sprout Social, Inc. income statement
In fiscal 2025, Sprout Social, Inc. reported revenue of $458m, up 12.7% on the year before, operating income of −$43.5m (a -9.5% margin) and net income of −$43.3m, or −$0.74 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 79 | 103 | 133 | 188 | 254 | 334 | 406 | 458 | 482 |
| Cost of revenue | 21 | 28 | 35 | 47 | 60 | 76 | 91 | 103 | 109 |
| Gross profit | 58 | 75 | 98 | 141 | 194 | 257 | 314 | 355 | 373 |
| Research and development | 25 | 28 | 30 | 40 | 61 | 80 | 103 | 101 | 107 |
| Selling and marketing | 36 | 56 | 59 | 84 | 124 | 168 | 184 | 191 | 191 |
| General and administrative | 17 | 38 | 40 | 45 | 61 | 79 | 88 | 106 | 104 |
| Operating income | −21 | −47 | −32 | −28 | −52 | −69 | −60 | −43 | −28 |
| Interest expense | 1 | 0 | 0 | 0 | 0 | 3 | 4 | 3 | 3 |
| Income before tax | −21 | −47 | −32 | −28 | −50 | −66 | −61 | −43 | −29 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Net income | −21 | −47 | −32 | −29 | −50 | −66 | −62 | −43 | −30 |
| Diluted EPS | −$1.26 | −$2.54 | −$0.62 | −$0.53 | −$0.92 | −$1.19 | −$1.09 | −$0.74 | −$0.50 |
| Diluted shares (average) | 17m | 18m | 51m | 54m | 55m | 56m | 57m | 59m | 60m |
| EBITDA | −18 | −45 | −29 | −25 | −49 | −66 | −56 | −40 | −25 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 103 | 107 | 109 | 112 | 116 | 121 | 121 | 124 |
| Cost of revenue | 23 | 23 | 25 | 25 | 26 | 27 | 28 | 28 |
| Gross profit | 79 | 84 | 84 | 87 | 90 | 94 | 94 | 96 |
| Research and development | 26 | 28 | 23 | 25 | 25 | 28 | 27 | 27 |
| Selling and marketing | 47 | 46 | 47 | 48 | 47 | 48 | 49 | 47 |
| General and administrative | 23 | 24 | 25 | 26 | 27 | 28 | 24 | 25 |
| Operating income | −17 | −14 | −11 | −12 | −9 | −11 | −6 | −3 |
| Interest expense | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 |
| Income before tax | −17 | −14 | −11 | −11 | −9 | −11 | −6 | −3 |
| Income tax | 0 | 0 | 0 | 1 | 0 | −0 | 0 | 0 |
| Net income | −17 | −14 | −11 | −12 | −9 | −11 | −6 | −3 |
| Diluted EPS | −$0.30 | −$0.25 | −$0.19 | −$0.21 | −$0.16 | −$0.18 | −$0.11 | −$0.05 |
| EBITDA | −16 | −13 | −10 | −12 | −8 | −10 | −5 | −2 |
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