Sprout Social, Inc. (SPT) SEC Filings & Earnings Calls
EquiReason read 14 Sprout Social, Inc. SEC filings in the last 12 months. Latest: 10-Q on 2026-08-07 — Sprout Social reported Q2 2026 revenue of $123.8M (+10.8% YoY) and improved operating loss, but announced a workforce reduction of ~20%..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 779.2M
- P/E TTM
- —
- Dividend yield
- —
- 52-week
- —
- Next earnings
- 3 Nov, in 10 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
7 Aug 202610-QSprout Social reported Q2 2026 revenue of $123.8M (+10.8% YoY) and improved operating loss, but announced a workforce reduction of ~20%.earningsopen
Figures in the filing · each found in the filing text
| Total revenue · Q2-2026 | $124M | +11% y/y |
| Subscription revenue · Q2-2026 | $122M | +10% y/y |
| Net loss · Q2-2026 | $-3M | +74% y/y |
| Remaining performance obligations (RPO) · Q2-2026 | $401M |
Risks flagged
Securities class action litigation
“Beginning on May 13, 2024, the Company and certain of its executives were named in two putative securities fraud class action cases... The Company could be forced to expend significant resources in the defense of these actions and may not prevail.” · word for word
Workforce reduction execution risk
“On July 8, 2026, the board of directors of the Company approved a workforce reduction plan... The Company estimates that it will incur total pre-tax restructuring charges of approximately $18.0 million to $20.0 million in connection with the Plan.” · word for word
15 Jul 20268-K · 2.02, 2.05, 7.01Workforce reduction percentage 20; Guidance: Revenue, non-GAAP operating income, non-GAAP EPS at high end of prior guidanceearningsopen
Figures in the filing · each found in the filing text
| Workforce reduction percentage · Q3-2026 | 20.0% |
Guidance
Revenue, non-GAAP operating income, non-GAAP EPS at high end of prior guidance
Preliminary Q2 results at high end of guidance; restructuring to improve margins and focus on AI.
Risks flagged
Workforce reduction may impact employee morale and operational execution; restructuring charges will hit near-term earnings.
“Workforce reduction of ~20%; restructuring charges $18-20M.”
10 Jun 20268-K · 7.01CTO transition: Aaron Rankin (founder, former CTO, board member) returns as CTO effective Aug 3, 2026; Alan Boyce resigns after 16 years; no disagreement.open
Risks flagged
CTO transition risk; founder returning may signal strategic shift; outgoing CTO's departure could affect technology continuity
“CTO change; founder returning after previous departure; transition period until Aug 3”
8 May 202610-QRevenue $121M (+11% y/y); Subscription revenue $120M (+10% y/y); Net loss $-6M (-44% y/y)open
Figures in the filing · each found in the filing text
| Revenue · Q1-2026 | $121M | +11% y/y |
| Subscription revenue · Q1-2026 | $120M | +10% y/y |
| Net loss · Q1-2026 | $-6M | -44% y/y |
| Gross margin · Q1-2026 | 77.0% | |
| Operating cash flow · Q1-2026 | $25M | +39% y/y |
| Remaining performance obligations · 2026-03-31 | $395M | |
| Deferred revenue · 2026-03-31 | $195M | |
| Cash and cash equivalents · 2026-03-31 | $112M | |
| EPS diluted · Q1-2026 | $-0.11 | -42% y/y |
| Stock-based compensation · Q1-2026 | $18M | -8% y/y |
Risks flagged
Securities class action and derivative lawsuits
“Beginning on May 13, 2024, the Company and certain of its executives were named in two putative securities fraud class action cases... The Company could be forced to expend significant resources in the defense of these actions and may not prevail.” · word for word
Macroeconomic demand slowdown
“we periodically have experienced more measured buying behavior by current and prospective customers and lengthening of the average sales cycle for certain types of customers and sales (including sales to prospective customers and expansion sales to current customers), which have contributed to a slowdown in our revenue growth as compared to historical levels” · word for word
Dependence on third-party APIs
“our ability to access third-party APIs and data on favorable terms or at all” · word for word
Accumulated deficit and history of losses
“Accumulated deficit (404,046) at March 31, 2026.”
Integration risk from NewsWhip acquisition
“our ability to acquire, invest in, and integrate other businesses or technologies into our business or achieve the expected benefits of such acquisitions and technologies” · word for word
7 Apr 2026DEF 14AProxy statement filed for 2026 annual meeting, disclosing executive compensation structure, pay-for-performance alignment, and stock ownership guidelines.open
Figures in the filing · each found in the filing text
| Revenue · FY2025 | $458M | +13% y/y |
| Loss from operations · FY2025 | $-44M | |
| Non-GAAP operating income · FY2025 | $48M |
13 Mar 20268-K · 5.02Reported a director or officer change (departure, election, appointment or pay arrangement)open
Risks flagged
Key financial leadership gap; CEO dual role may strain oversight.
“CEO appointed as interim CFO and interim principal accounting officer effective immediately.”
27 Feb 202610-KRevenue $458M (+13% y/y); Net Loss $-43M; Accumulated Deficit $-398Mopen
Figures in the filing · each found in the filing text
| Revenue · FY2025 | $458M | +13% y/y |
| Net Loss · FY2025 | $-43M | |
| Accumulated Deficit · 2025-12-31 | $-398M | |
| Number of Employees · 2025-12-31 | 1,362 | |
| International Revenue Percentage · FY2025 | 26.0% |
Risks flagged
API dependency risk
“Our platform and products are dependent on APIs built and owned by third parties, including social media networks... We have experienced and may in the future continue to experience price increases.” · word for word
Revenue growth deceleration
“For example, in 2025, our revenue was $457.5 million, an increase of 13% as compared to our revenue of $405.9 million in 2024, which was an increase of 22% as compared to our revenue of $333.6 million in 2023.” · word for word
Persistent unprofitability
“We incurred net losses of $43.3 million, $62.0 million and $66.4 million in 2025, 2024 and 2023, respectively.” · word for word
AI disruption risk
“AI advances have the potential to enable the development of alternative competitive services or enable our customers to reduce or bypass the use of our services, such as a reduction of seats used by our customers.” · word for word
26 Feb 20268-K · 2.02, 7.01Revenue $121M (+13% y/y); Total remaining performance obligations (RPO) $404M (+15% y/y); Current remaining performance obligations (cRPO) $285M (+14% y/y); Guidance: Q1 2026 revenue guidance $119.9M-$120.7M; FY2026 revenue $490.2M-$495.2M;earningsopen
Figures in the filing · each found in the filing text
| Revenue · Q4-2025 | $121M | +13% y/y |
| Total remaining performance obligations (RPO) · Q4-2025 | $404M | +15% y/y |
| Current remaining performance obligations (cRPO) · Q4-2025 | $285M | +14% y/y |
| Non-GAAP operating income · Q4-2025 | $12M | +1% y/y |
| Non-GAAP net income · Q4-2025 | $12M | +8% y/y |
| Non-GAAP net income per share · Q4-2025 | $0.20 | +5% y/y |
| Non-GAAP free cash flow · Q4-2025 | $11M | +65% y/y |
| Number of customers contributing $30,000 or more in ARR · Q4-2025 | 3,803 | +13% y/y |
| Number of customers contributing $50,000 or more in ARR · Q4-2025 | 2,022 | +18% y/y |
| Dollar-based net retention rate · FY2025 | 100.0% |
Guidance
Q1 2026 revenue guidance $119.9M-$120.7M; FY2026 revenue $490.2M-$495.2M; Non-GAAP operating margin target ~15% by Q4 2026; 30% Rule of 40 by Q4 2027
Guidance implies continued revenue growth and improving profitability, with a clear long-term margin target (30% Rule of 40 by Q4 2027).
Risks flagged
Dollar-based net retention rate declined to 100% from 104% in 2024, indicating potential churn or contraction among existing customers, especially SMBs.
“Dollar-based net retention rate was 100% in 2025, compared to 104% in 2024. Excluding SMB, it was 102% vs 108%.” · word for word
GAAP operating loss persists, though narrowing, indicating ongoing investment costs that may pressure margins if revenue growth slows.
“GAAP operating loss was ($10.8) million in Q4 2025, compared to ($13.7) million in Q4 2024.” · word for word
12 Feb 20268-K · 2.02, 5.02Sprout Social expects Q4 and FY2025 results above prior guidance ranges for revenue, non-GAAP operating income, and non-GAAP EPS. CFO Joe Del Preto resigns effective March 11, 2026, not due to any disagreement.earningsopen
Guidance
Q4 and FY2025 revenue, non-GAAP operating income, and non-GAAP EPS above prior guidance ranges
Preliminary results exceed prior guidance across revenue, non-GAAP operating income, and non-GAAP EPS, indicating strong demand and operational leverage.
Risks flagged
CFO departure creates near-term execution risk during a period of positive momentum.
“CFO resigning effective March 11, 2026; search for permanent CFO commenced.”
6 Nov 202510-QSprout Social reported Q3 2025 revenue growth of 12.6% YoY and a significantly narrowed net loss, but deferred revenue declined sequentially.earningsopen
Figures in the filing · each found in the filing text
| Revenue · Q3-2025 | $116M | +13% y/y |
| Subscription revenue · Q3-2025 | $115M | +13% y/y |
| Net loss · Q3-2025 | $-9M | |
| Remaining performance obligations · Q3-2025 | $357M | |
| Deferred revenue · Q3-2025 | $173M | |
| Cash and cash equivalents · Q3-2025 | $91M |
Risks flagged
Securities class action litigation
“Beginning on May 13, 2024, the Company and certain of its executives were named in two putative securities fraud class action cases... The Company could be forced to expend significant resources in the defense of these actions and may not prevail.” · word for word
Restructuring execution risk
“In February 2025, the Company initiated a restructuring plan with a primary focus on its Sales and Customer Experience teams. The Company recorded $2.7 million of restructuring charges for the nine months ended September 30, 2025.” · word for word
Dependence on third-party APIs
“our ability to access third-party APIs and data on favorable terms” · word for word
5 Nov 20258-K · 2.02, 7.01Revenue $116M (+13% y/y); Total RPO $357M (+15% y/y); cRPO $258M (+17% y/y); Guidance: Q4 revenue $118.2M-$119.0M; FY25 revenue $454.9M-$455.7Mearningsopen
Figures in the filing · each found in the filing text
| Revenue · Q3-2025 | $116M | +13% y/y |
| Total RPO · Q3-2025 | $357M | +15% y/y |
| cRPO · Q3-2025 | $259M | +17% y/y |
| Non-GAAP operating income · Q3-2025 | $14M | |
| Non-GAAP net income · Q3-2025 | $13M | |
| Non-GAAP free cash flow · Q3-2025 | $10M | |
| Customers >$10K ARR · Q3-2025 | 9,756 | +7% y/y |
| Customers >$50K ARR · Q3-2025 | 1,947 | +21% y/y |
Guidance
Q4 revenue $118.2M-$119.0M; FY25 revenue $454.9M-$455.7M
Raised Q4 and FY25 guidance; strong cRPO growth supports outlook.
Sprout Social, Inc. — questions
- What did Sprout Social, Inc. file recently?
- 14 SEC filings in the last 12 months. Latest: 10-Q on 2026-08-07 — Sprout Social reported Q2 2026 revenue of $123.8M (+10.8% YoY) and improved operating loss, but announced a workforce reduction of ~20%.
Every figure on this page comes from Sprout Social, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.