Sprout Social, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $457.5M | $405.9M | $333.6M | $253.8M | $187.9M | $132.9M | $102.7M | $78.8M |
| Cost of Revenue | $102.7M | $91.5M | $76.3M | $59.9M | $46.8M | $34.9M | $28.2M | $21.0M |
| Gross Profit | $354.9M | $314.4M | $257.4M | $194.0M | $141.1M | $98.0M | $74.6M | $57.8M |
| Gross Margin | 77.6% | 77.5% | 77.1% | 76.4% | 75.1% | 73.7% | 72.6% | 73.4% |
| Operating Expenses | ||||||||
| Research & Development | $101.3M | $102.8M | $79.6M | $61.4M | $40.0M | $30.5M | $28.1M | $25.4M |
| SG&A Expense | $106.5M | $87.9M | $79.0M | $60.5M | $44.9M | $40.4M | $38.2M | $17.2M |
| Operating Income | $-43.5M | $-60.4M | $-69.3M | $-51.7M | $-28.1M | $-32.0M | $-47.3M | $-20.8M |
| Operating Margin | -9.5% | -14.9% | -20.8% | -20.4% | -15.0% | -24.1% | -46.0% | -26.4% |
| Interest Expense | $2.5M | $3.5M | $2.8M | $153.0K | $300.0K | $366.0K | $270.0K | $617.0K |
| Pretax Income | $-42.7M | $-61.3M | $-65.8M | $-49.9M | $-28.5M | $-31.5M | $-46.7M | $-20.9M |
| Income Tax Expense | $587.0K | $670.0K | $649.0K | $366.0K | $211.0K | $127.0K | $66.0K | $22.0K |
| Net Income | $-43.3M | $-62.0M | $-66.4M | $-50.2M | $-28.7M | $-31.7M | $-46.8M | $-20.9M |
| Net Margin | -9.5% | -15.3% | -19.9% | -19.8% | -15.3% | -23.8% | -45.6% | -26.6% |
| EPS (Basic) | — | — | — | — | $-0.53 | $-0.62 | $-2.54 | $-1.26 |
| EPS (Diluted) | $-0.74 | $-1.09 | $-1.19 | $-0.92 | $-0.53 | $-0.62 | $-2.54 | $-1.26 |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | 58.6M | 56.9M | 55.7M | 54.6M | 53.8M | 51.4M | — | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |