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Sprout Social, Inc.

For the period ended Jun 30, 2025. Filed Aug 7, 2025.

View on SEC.gov

About this filing

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.

Jun 30, 2025 · Filed Aug 7, 2025

SPT$11.12+0.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Condensed Consolidated Balance Sheets

Sprout Social, Inc.

Condensed Consolidated Balance Sheets (Unaudited)

(in thousands, except share and per share data)

June 30, 2025December 31, 2024
Assets
Current assets
Cash and cash equivalents$101,532$86,437
Marketable securities—3,745
Accounts receivable, net of allowances of $3,325 and $2,169 at June 30, 2025 and December 31, 2024, respectively67,26484,033
Deferred commissions23,27020,184
Prepaid expenses and other assets15,70815,816
Total current assets207,774210,215
Property and equipment, net9,84810,951
Deferred commissions, net of current portion52,74351,653
Operating lease, right-of-use assets10,60511,326
Goodwill121,315121,315
Intangible assets, net19,32821,914
Other assets, net1,321967
Total assets$422,934$428,341
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable$11,406$6,984
Deferred revenue171,105178,585
Operating lease liabilities2,4733,747
Accrued wages and payroll related benefits14,27920,567
Accrued expenses and other9,32910,869
Total current liabilities208,592220,752
Revolving credit facility15,00025,000
Deferred revenue, net of current portion1,0041,101
Operating lease liabilities, net of current portion13,43114,543
Other noncurrent liabilities348351
Total liabilities238,375261,747

Sprout Social, Inc.

Condensed Consolidated Balance Sheets (Unaudited) (cont’d)

(in thousands, except share and per share data)

June 30, 2025December 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; 55,547,480 and 52,605,536 shares issued and outstanding, respectively, at June 30, 2025; 54,219,684 and 51,277,740 shares issued and outstanding, respectively, at December 31, 202444
Class B common stock, par value $0.0001 per share; 25,000,000 shares authorized; 6,416,301 and 6,209,357 shares issued and outstanding, respectively, at June 30, 2025; 6,687,582 and 6,480,638 shares issued and outstanding, respectively, at December 31, 202411
Additional paid-in capital599,564558,391
Treasury stock, at cost(37,422)(37,422)
Accumulated other comprehensive income—3
Accumulated deficit(377,588)(354,383)
Total stockholders’ equity184,559166,594
Total liabilities and stockholders’ equity$422,934$428,341
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.