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Sprout Social (SPT) Revenue & Revenue Breakdown

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Sprout Social Revenue Highlights

Latest Revenue (Y)

$333.64M

Latest Revenue (Q)

$102.64M

Main Segment (Y)

Subscription

Main Geography (Y)

Americas

Sprout Social Revenue by Period

Sprout Social Revenue by Year

DateRevenueChange
2023-12-31$333.64M31.44%
2022-12-31$253.83M35.12%
2021-12-31$187.86M41.30%
2020-12-31$132.95M29.44%
2019-12-31$102.71M30.32%
2018-12-31$78.81M75.86%
2017-12-31$44.81M-

Sprout Social generated $333.64M in revenue during NA 2023, up 31.44% compared to the previous quarter, and up 423.33% compared to the same period a year ago.

Sprout Social Revenue by Quarter

DateRevenueChange
2024-09-30$102.64M3.26%
2024-06-30$99.40M2.70%
2024-03-31$96.78M3.42%
2023-12-31$93.58M9.41%
2023-09-30$85.53M7.84%
2023-06-30$79.31M5.46%
2023-03-31$75.21M7.97%
2022-12-31$69.66M6.67%
2022-09-30$65.31M6.31%
2022-06-30$61.43M6.97%
2022-03-31$57.43M7.82%
2021-12-31$53.27M8.50%
2021-09-30$49.09M9.86%
2021-06-30$44.69M9.47%
2021-03-31$40.82M9.30%
2020-12-31$37.35M10.93%
2020-09-30$33.67M7.21%
2020-06-30$31.40M2.84%
2020-03-31$30.54M8.50%
2019-12-31$28.14M6.52%
2019-09-30$26.42M6.70%
2019-06-30$24.76M5.92%
2019-03-31$23.38M4.95%
2018-12-31$22.28M9.15%
2018-09-30$20.41M12.98%
2018-06-30$18.06M-
2018-03-31$18.06M-66.09%
2001-12-31$53.27M8.50%
2001-09-30$49.09M9.86%
2001-06-30$44.69M-22.19%
2001-03-31$57.43M-

Sprout Social generated $102.64M in revenue during Q3 2024, up 3.26% compared to the previous quarter, and up 129.41% compared to the same period a year ago.

Sprout Social Revenue Breakdown

Sprout Social Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20
Subscription$330.46M$251.21M$185.73M$131.80M
Professional Services And Other$3.19M$2.62M$2.13M$1.15M

Sprout Social's latest annual revenue breakdown by segment (product or service), as of Dec 23: Subscription (99.05%), and Professional Services And Other (0.95%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Subscription$101.81M$98.50M$95.79M$92.22M$84.80M$78.69M$74.74M$69.17M$64.54M$60.73M$56.78M$52.62M$48.57M$44.18M$40.35M$36.91M$33.37M$31.19M$30.33M
Professional Services And Other$825.00K$898.00K$995.00K$1.36M$730.00K$625.00K$470.00K$495.00K$771.00K$700.00K$649.00K$644.00K$521.00K$505.00K$463.00K$431.00K$296.00K$212.00K$206.00K

Sprout Social's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Subscription (99.20%), and Professional Services And Other (0.80%).

Sprout Social Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20
EMEA$54.75M$42.42M$30.23M$21.34M
Americas$262.29M$199.52M$148.24M$104.21M
Asia Pacific$16.60M$11.89M$9.39M$7.40M

Sprout Social's latest annual revenue breakdown by geography, as of Dec 23: Americas (78.61%), EMEA (16.41%), and Asia Pacific (4.98%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Asia Pacific$5.19M$4.92M$4.74M$4.73M$4.32M$3.95M$3.60M$3.27M$3.01M$2.87M$2.75M$2.54M$2.42M$2.30M$2.14M$2.01M$1.91M$1.76M$1.72M
Americas$81.48M$78.83M$76.67M$73.81M$67.05M$62.31M$59.11M$54.69M$51.31M$48.28M$45.23M$42.24M$38.89M$35.03M$32.08M$29.36M$26.45M$24.59M$23.80M
EMEA$15.96M$15.65M$15.37M$15.04M$14.16M$13.05M$12.50M$11.71M$10.98M$10.28M$9.45M$8.49M$7.79M$7.36M$6.60M$5.98M$5.30M$5.05M$5.01M

Sprout Social's latest quarterly revenue breakdown by geography, as of Sep 24: Americas (79.39%), EMEA (15.55%), and Asia Pacific (5.06%).

Sprout Social Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PGNYProgyny$1.09B$286.63M
DAVAEndava$794.73M$174.37M
WKWorkiva$630.04M$177.50M
SPTSprout Social$333.64M$102.64M
GSHDGoosehead Insurance$261.28M$78.03M
SITMSiTime$143.99M$43.87M

SPT Revenue FAQ

What is Sprout Social’s yearly revenue?

Sprout Social's yearly revenue for 2023 was $333.64M, representing an increase of 31.44% compared to 2022. The company's yearly revenue for 2022 was $253.83M, representing an increase of 35.12% compared to 2021. SPT's yearly revenue for 2021 was $187.86M, representing an increase of 41.30% compared to 2020.

What is Sprout Social’s quarterly revenue?

Sprout Social's quarterly revenue for Q3 2024 was $102.64M, a 3.26% increase from the previous quarter (Q2 2024), and a 20.00% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $99.4M, a 2.70% increase from the previous quarter (Q1 2024), and a 25.32% increase year-over-year (Q2 2023). SPT's quarterly revenue for Q1 2024 was $96.78M, a 3.42% increase from the previous quarter (Q4 2023), and a 28.68% increase year-over-year (Q1 2023).

What is Sprout Social’s revenue growth rate?

Sprout Social's revenue growth rate for the last 3 years (2021-2023) was 77.60%, and for the last 5 years (2019-2023) was 224.85%.

What are Sprout Social’s revenue streams?

Sprout Social's revenue streams in c 23 are Subscription, and Professional Services And Other. Subscription generated $330.46M in revenue, accounting 99.05% of the company's total revenue, up 31.54% year-over-year. Professional Services And Other generated $3.18M in revenue, accounting 0.95% of the company's total revenue, up 21.80% year-over-year.

What is Sprout Social’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Sprout Social was Subscription. This segment made a revenue of $330.46M, representing 99.05% of the company's total revenue.