Sprout Social Earnings Reports

Sprout Social's Q4 2024 saw a 14% increase in revenue, reaching $107.1 million, and a 26% growth in current remaining performance obligations (cRPO). The company's GAAP operating loss was ($13.7) million, while non-GAAP operating income was $11.4 million. Net loss was ($14.4) million, and non-GAAP net income was $10.7 million.

Sprout Social reported a solid third quarter with a 20% increase in revenue and a 31% growth in cRPO. The company is focused on product leadership and expanding its competitive position within the Enterprise segment.

Sprout Social reported Q2 2024 revenue of $99.4 million, a 25% increase year-over-year. The company grew its customer base, with significant increases in customers contributing over $10,000 and $50,000 in ARR. While GAAP operating and net losses were reported, non-GAAP operating and net incomes showed improvements compared to the previous year. The company is tracking ahead of its plan and building momentum for a stronger second half of the year.

Sprout Social reported a 29% increase in revenue, reaching $96.8 million in Q1 2024. The company grew its customer base with over $10,000 and $50,000 in ARR, while also announcing a CEO succession plan.

Sprout Social reported a revenue of $93.6 million, a 34% increase compared to Q4 2022. The company's ARR reached $385.2 million, marking a 30% year-over-year growth. While GAAP operating loss was ($18.2) million, non-GAAP operating income stood at $1.7 million.

Sprout Social reported strong third-quarter results, with revenue reaching $85.5 million, a 31% increase year-over-year. The company grew its number of customers contributing over $10,000 and $50,000 in ARR, while total customers decreased by 5%.

Sprout Social reported revenue of $79.3 million, a 29% increase compared to Q2 2022. The company's ARR reached $326.1 million, up 27% year-over-year. Sprout Social acquired a record 176 customers through their partnership with Salesforce.

Sprout Social reported revenue of $75.2 million, a 31% increase compared to Q1 2022, and ARR of $309.9 million, a 30% increase compared to Q1 2022. The company's focus on higher-tier customers led to increased churn from non-core customers but drove significant ARR growth from core customers. They also delivered record free cash flow.

Sprout Social reported a strong fourth quarter, achieving record net new ARR. The company's revenue reached $69.7 million, a 31% increase year-over-year. Sprout Social is anticipating accelerated ARR growth in 2023.

Sprout Social reported a strong third quarter in 2022, with revenue reaching $65.3 million, a 33% increase year-over-year. The company's ARR also grew by 33% to $271.3 million. Despite these gains, the company reported a GAAP operating loss of $14.4 million and a GAAP net loss of $13.9 million.

Sprout Social announced strong Q2 2022 financial results with total revenue of $61.4 million, up 37% year-over-year, and ARR of $256.1 million, up 35% year-over-year. The company grew its customer base and saw increases in customers contributing over $10,000 and $50,000 in ARR. They also raised their 2022 guidance.

Sprout Social reported a strong first quarter in 2022, with revenue up 41% year-over-year to $57.4 million and ARR up 39% to $239.1 million. The company exceeded its guidance range and raised its full-year outlook, expecting continued growth and improved efficiency.

Sprout Social reported Q4 2021 financial results, with total revenue of $53.3 million, a 43% increase year-over-year. The company's ARR reached $224.2 million, up 42% compared to the previous year. While GAAP operating and net losses were reported, the company saw positive net cash generated by operating activities and free cash flow.

Sprout Social reported a strong third quarter with revenue of $49.1 million, a 46% increase year-over-year. The company's growth was driven by accelerated momentum in large-customer cohorts. Sprout Social is updating its full year 2021 revenue guidance to $185.8 to $185.9 million, representing overall growth of 40%.

Sprout Social reported a strong second quarter in 2021, with revenue reaching $44.7 million, a 42% increase compared to the previous year. The company achieved its first ever quarterly non-GAAP profit and positive free cash flow, highlighting the strength of its business model and efficient execution. Sprout Social also increased its customer base to 29,612, with notable growth in customers contributing over $10,000 in ARR.

Sprout Social announced strong Q1 2021 results, exceeding guidance with a 34% increase in total revenue to $40.8 million and the addition of a record number of net-new customers. The company also achieved positive free cash flow for the first time and raised its 2021 guidance.

Sprout Social reported Q4 2020 total revenue of $37.3 million, a 33% increase compared to Q4 2019. The company grew its customer base to 26,718 and achieved a dollar-based net retention rate greater than 110%.

Sprout Social reported a strong third quarter with total revenue of $33.7 million, a 27% increase year-over-year. The company grew its customer base to 25,556 and saw significant growth in customers contributing over $10,000 in ARR. Sprout Social also raised its full year 2020 guidance.

Sprout Social announced strong second quarter results with total revenue of $31.4 million, up 27% year-over-year. The company grew its customer base to 24,356 and increased the number of customers contributing over $10,000 in ARR by 54% year-over-year.

Sprout Social reported Q1 2020 total revenue of $30.5 million, representing a 31% year-over-year increase. The company's customer base grew to 24,083, and it revised its 2020 financial outlook, taking into account the impact of COVID-19.

Sprout Social reported a 26% year-over-year increase in total revenue, reaching $28.1 million, and a GAAP net loss of $25.9 million for the fourth quarter of 2019. The company's customer base grew to 23,693, with 2,185 customers contributing over $10,000 in ARR.