Sprout Social, Inc.
For the period ended Mar 31, 2025. Filed May 9, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 9, 2025
SPT$11.14+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
Sprout Social, Inc.
Condensed Consolidated Balance Sheets (Unaudited)
(in thousands, except share and per share data)
| March 31, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $100,902 | $86,437 |
| Marketable securities | 1,000 | 3,745 |
| Accounts receivable, net of allowances of $3,119 and $2,169 at March 31, 2025 and December 31, 2024, respectively | 64,783 | 84,033 |
| Deferred commissions | 21,803 | 20,184 |
| Prepaid expenses and other assets | 19,057 | 15,816 |
| Total current assets | 207,545 | 210,215 |
| Property and equipment, net | 10,902 | 10,951 |
| Deferred commissions, net of current portion | 52,327 | 51,653 |
| Operating lease, right-of-use assets | 10,985 | 11,326 |
| Goodwill | 121,315 | 121,315 |
| Intangible assets, net | 20,621 | 21,914 |
| Other assets, net | 962 | 967 |
| Total assets | $424,657 | $428,341 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable | $7,260 | $6,984 |
| Deferred revenue | 173,952 | 178,585 |
| Operating lease liabilities | 3,504 | 3,747 |
| Accrued wages and payroll related benefits | 16,002 | 20,567 |
| Accrued expenses and other | 13,378 | 10,869 |
| Total current liabilities | 214,096 | 220,752 |
| Revolving credit facility | 20,000 | 25,000 |
| Deferred revenue, net of current portion | 944 | 1,101 |
| Operating lease liabilities, net of current portion | 13,960 | 14,543 |
| Other noncurrent liabilities | 348 | 351 |
| Total liabilities | 249,348 | 261,747 |
Sprout Social, Inc.
Condensed Consolidated Balance Sheets (Unaudited) (cont’d)
(in thousands, except share and per share data)
| March 31, 2025 | December 31, 2024 | |
|---|---|---|
| Commitments and contingencies (Note 7) | ||
| Stockholders’ equity | ||
| Class A common stock, par value $0.0001 per share; 1,000,000,000 shares authorized; 54,787,894 and 51,845,950 shares issued and outstanding, respectively, at March 31, 2025; 54,219,684 and 51,277,740 shares issued and outstanding, respectively, at December 31, 2024 | 4 | 4 |
| Class B common stock, par value $0.0001 per share; 25,000,000 shares authorized; 6,536,301 and 6,329,357 shares issued and outstanding, respectively, at March 31, 2025; 6,687,582 and 6,480,638 shares issued and outstanding, respectively, at December 31, 2024 | 1 | 1 |
| Additional paid-in capital | 578,328 | 558,391 |
| Treasury stock, at cost | (37,422) | (37,422) |
| Accumulated other comprehensive income | 1 | 3 |
| Accumulated deficit | (365,603) | (354,383) |
| Total stockholders’ equity | 175,309 | 166,594 |
| Total liabilities and stockholders’ equity | $424,657 | $428,341 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.