Sprout Social Inc Class A ( (SPT) ) has released its Q1 earnings. Here is a breakdown of the information Sprout Social Inc Class A presented to its investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Sprout Social, Inc. is a leading provider of cloud-based social media management software, offering a comprehensive platform for social media analytics and engagement to approximately 30,000 brands worldwide.
In its first quarter of 2025, Sprout Social reported a 13% increase in revenue, reaching $109.3 million, alongside a notable rise in current remaining performance obligations by 21%. The company also achieved profitability expansion, with non-GAAP operating income more than doubling compared to the previous year.
Key financial metrics for the quarter include a non-GAAP net income of $12.5 million, up from $5.7 million in the first quarter of 2024, and a non-GAAP net income per share of $0.22. The company also saw a significant increase in free cash flow, which reached $19.5 million, reflecting strong operational efficiency. Additionally, Sprout Social expanded its customer base, with a 22% increase in customers contributing over $50,000 in annual recurring revenue.
Looking ahead, Sprout Social remains optimistic about its growth prospects, projecting total revenue between $448.9 million and $453.9 million for the full year 2025. The company continues to focus on expanding its enterprise customer base and enhancing its platform through strategic investments in AI and influencer marketing.
Overall, Sprout Social’s strong financial performance and strategic initiatives position it well for future growth in the rapidly evolving social media management sector.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue