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.
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Condensed Consolidated Statements of Operations
Sprout Social, Inc.
Condensed Consolidated Statements of Operations(Unaudited)
(in thousands, except share and per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenue | ||
| Subscription | $108,680 | $95,789 |
| Professional services and other | 609 | 995 |
| Total revenue | 109,289 | 96,784 |
| Cost of revenue | ||
| Subscription | 24,473 | 22,205 |
| Professional services and other | 365 | 223 |
| Total cost of revenue | 24,838 | 22,428 |
| Gross profit | 84,451 | 74,356 |
| Operating expenses | ||
| Research and development | 23,229 | 23,769 |
| Sales and marketing | 47,452 | 44,540 |
| General and administrative | 24,972 | 19,334 |
| Total operating expenses | 95,653 | 87,643 |
| Loss from operations | (11,202) | (13,287) |
| Interest expense | (514) | (1,046) |
| Interest income | 895 | 1,035 |
| Other expense, net | (168) | (406) |
| Loss before income taxes | (10,989) | (13,704) |
| Income tax expense (benefit) | 231 | (129) |
| Net loss | $(11,220) | $(13,575) |
| Net loss per share attributable to common shareholders, basic and diluted | $(0.19) | $(0.24) |
| Weighted-average shares outstanding used to compute net loss per share, basic and diluted | 57,890,898 | 56,344,242 |
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