Sprout Social, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 8 fiscal years, taken from the XBRL data Sprout Social, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2018	FY2020	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	78.8	103	133	188	254	334	406	458
Cost of revenue	21	28.2	34.9	46.8	59.9	76.3	91.5	103
Gross profit	57.8	74.6	98	141	194	257	314	355
Research and development	25.4	28.1	30.5	40	61.4	79.6	103	101
Selling and marketing	36	55.6	59.1	84.2	124	168	184	191
General and administrative	17.2	38.2	40.4	44.9	60.5	79	87.9	106
Operating expenses	78.6	122	130	169	246	327	375	398
Operating income	-20.8	-47.3	-32	-28.1	-51.7	-69.3	-60.4	-43.5
Interest expense	0.62	0.27	0.37	0.3	0.15	2.75	3.53	2.5
Interest income	0.04	0.31	0.62	0.26	2.54	7.02	3.97	3.42
Other non-operating income		0.49	0.22	-0.36	-0.58	-0.77	-1.39	-0.2
Pre-tax income	-20.9	-46.7	-31.5	-28.5	-49.9	-65.8	-61.3	-42.7
Income tax	0.02	0.07	0.13	0.21	0.37	0.65	0.67	0.59
Net income	-20.9	-46.8	-31.7	-28.7	-50.2	-66.4	-62	-43.3
EBITDA	-18.3	-44.5	-29.2	-25.1	-48.8	-66.1	-56.5	-39.7
EPS, basic	-1.26	-2.54	-0.62	-0.53
EPS, diluted	-1.26	-2.54	-0.62	-0.53	-0.92	-1.19	-1.09	-0.74
Shares, basic (weighted)	16.6	18.4	51.4	53.8
Shares, diluted (weighted)	16.6	18.4	51.4	53.8	54.6	55.7	56.9	58.6

Balance sheet

	FY2018	FY2020	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	26.2	135	115	107	79.9	49.8	86.4	95.3
Short-term investments		0	49.4	69.8	92.9	44.6	3.75	0
Receivables		11.1	17.2	25.5	35.8	63.5	84	101
Other current assets		5.05	9.65	6.2	6.42	10.3	15.8	13.9
Total current assets		157	199	223	235	196	210	237
Property, plant and equipment		13.5	14.9	12.9	11.9	11.4	11	9.86
Lease right-of-use assets		5.62	10.1	9.46	9.5	8.73	11.3	9.81
Goodwill		2.3	2.3	2.3	2.3	121	121	167
Intangible assets		5.48	4.09	3.05	2.01	28.1	21.9	39.7
Long-term investments				0	13	3.7	0	0
Other non-current assets		0.13	0.14	0.13	0.06	1.1	0.97	2.28
Total assets		190	240	265	294	397	428	523
Accounts payable		2.05	1.54	2.89	4.99	6.93	6.98	10.1
Accrued liabilities		5.06	6.59	11.1	14.3	11.3	10.9	17.3
Deferred revenue		29.6	43.4	69.2	95.7	141	179	206
Total current liabilities		43.1	63.6	98.4	133	181	221	256
Lease liabilities		18.2	23.6	20.9	18.3	15.1	14.5	12.1
Other non-current liabilities					0	0.35	0.35	10.6
Total liabilities		61.5	87.6	120	152	252	262	320
Total debt					0	55	25	40
Paid-in capital		264	328	352	401	472	558	639
Retained earnings		-115	-147	-176	-226	-292	-354	-398
Treasury stock		-20.4	-29.2	-30.8	-32.7	-35.1	-37.4	-37.8
Other comprehensive income				0	-0.37	-0.08	0	0
Shareholders' equity	25.7	128	152	145	142	144	167	203
Total equity	25.7	128	152	145	142	144	167	203
Total liabilities and equity		190	240	265	294	397	428	523

Cash flow statement

	FY2018	FY2020	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	-20.9	-46.8	-31.7	-28.7	-50.2	-66.4	-62	-43.3
Depreciation and amortization	2.44	2.74	2.84	2.99	2.86	3.14	3.89	3.78
Stock-based compensation	0.05	25.3	11.1	21.7	47.7	67.7	84.3	78.7
Deferred income tax					0	-0.17	0	-0.59
Change in receivables	-4.94	-2.76	-8.08	-8.92	-11.5	-27	-22.3	-18.3
Change in payables	1.76	1.43	6.64	8.5	7.05	-0.23	3.12	0.63
Cash from operations	-17.2	-14.4	-11.4	14.8	10.7	6.46	26.3	43.4
Capital expenditures	-2.1	-0.76	-4.02	-0.93	-1.82	-2.07	-2.95	-4.11
Acquisitions				0	0	-146	-1.41	-51.8
Purchases of investments	0	0	-53.1	-110	-190	-63.1	0	0
Sales and maturities of investments				0	0	5.54	0	0
Cash from investing	-2.1	-0.76	-53.8	-22.1	-37.7	-86.6	40.7	-52.1
Stock issued	0	0	42.1	0	0	0.03	0.03	0
Cash from financing	37.2	124	44.4	-0.1	-0.19	54	-30.3	15.5
Net change in cash	17.9	109	-20.8	-7.4	-27.2	-26.2	36.7	6.79
Free cash flow	-19.3	-15.2	-15.4	13.9	8.84	4.38	23.4	39.3
Interest paid	0.49	0.08	0.14	0.11	0.06	1.59	3.64	1.89
Income taxes paid	0	0.02	0.07	0.13	0.21	0.7	0.8	1.37

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2026; growth uses fiscal years. Valuation uses the share price of $11.14 on November 10, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	77.2%	Gross profit / revenue.
Operating margin	-5.3%	Operating income / revenue.
EBITDA margin	-4.6%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	-5.4%	Pre-tax income / revenue.
Net margin	-5.4%	Net income / revenue.
FCF margin	10.6%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	11.3%	Cash from operations / revenue.
Return on equity (ROE)	-12.9%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	-5.4%	Net income / average total assets.
Return on invested capital (ROIC)	-20.1%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue	22.6%	Research and development expense / revenue.
Stock-based pay / revenue	13.3%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	0.7%	Capital expenditures / revenue.
D&A / revenue	0.8%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	12.7%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	21.7%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	28.0%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	12.9%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	22.3%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	29.3%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	65.0%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	59.7%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow growth, 1y	68.2%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	64.4%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y	22.1%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	12.6%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	6.0%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	22.1%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	21.2%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	16.9%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	3.0%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	2.4%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	2.7%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	0.91x	Current assets / current liabilities.
Quick ratio	0.73x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.43x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	58.0%	Total liabilities / total assets.
Interest coverage	-9.60x	Operating income / interest expense.
Working capital	-$20.5M	Current assets - current liabilities.
Goodwill and intangibles / assets	40.5%	(Goodwill + intangible assets) / total assets.
Tangible book value	$7.3M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	1.00x	Revenue / average total assets.
Fixed asset turnover	51.5x	Revenue / average property, plant and equipment.
Receivables turnover	7.07x	Revenue / average receivables.
Days sales outstanding	52 days	365 x average receivables / revenue.
Days payables	31 days	365 x average accounts payable / cost of revenue.
Capex / operating cash flow	5.9%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	-$0.45	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$8.24	Revenue / diluted weighted shares.
FCF per share	$0.87	Free cash flow / diluted weighted shares.
Operating cash flow per share	$0.93	Cash from operations / diluted weighted shares.
Book value per share	$3.47	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$0.12	Tangible book value / shares outstanding.
Cash per share	$1.74	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$675.0M	Share price x shares outstanding.
Enterprise value	$571.3M	Market cap + total debt - cash - short-term investments.
P/S	1.37x	Market cap / revenue.
P/B	3.26x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	91.9x	Market cap / tangible book value, when positive.
P/FCF	13.0x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	12.2x	Market cap / cash from operations, when positive.
EV/Sales	1.16x	Enterprise value / revenue.
EV/FCF	11.0x	Enterprise value / free cash flow, when both are positive.
FCF yield	7.7%	Free cash flow / market cap.
Earnings yield	-3.9%	Net income / market cap (the inverse of P/E).

What was Sprout Social, Inc.'s revenue in fiscal 2025?

Sprout Social, Inc. reported revenue of $457.5M for fiscal 2025, 12.7% higher than the year before.

Was Sprout Social, Inc. profitable in fiscal 2025?

No. It reported a net loss of $43.3M.

How much free cash flow did Sprout Social, Inc. generate in fiscal 2025?

Cash from operations of $43.4M minus capital expenditures of $4.1M left free cash flow of $39.3M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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