SPT Q1 2024 Earnings — Sprout Social, Inc. Revenue & Financial Results | Market Cap Arena

SPTSprout Social, Inc.

$351M

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$97M+28.7% YoY

Gross Profit

$74M76.8% margin

Operating Income

-$13M-13.7% margin

Net Income

-$14M-14.0% margin

EPS (Diluted)

$-0.24

QoQ Revenue Growth

+3.4%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$10M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$390M

Total Liabilities

$243M

Stockholders' Equity

$147M

Cash & Equivalents

$69M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$97M	$75M	+28.7%
Gross Profit	$74M	$58M	+27.5%
Operating Income	-$13M	-$12M	-11.3%
Net Income	-$14M	-$10M	-32.4%

Revenue Segments

Subscription

$96M99%

Professional Services And Other

$995,0001%

Geographic Segments

Americas

$77M79%

EMEA

$15M16%

Asia Pacific

$5M5%