Sprout Social (SPT) Revenue & Revenue Breakdown
Sprout Social Revenue Highlights
Latest Revenue (Y)
$333.64M
Latest Revenue (Q)
$99.40M
Main Segment (Y)
Subscription
Main Geography (Y)
Americas
Sprout Social Revenue by Period
Sprout Social Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $333.64M | 31.44% |
| 2022-12-31 | $253.83M | 35.12% |
| 2021-12-31 | $187.86M | 41.30% |
| 2020-12-31 | $132.95M | 29.44% |
| 2019-12-31 | $102.71M | 30.32% |
| 2018-12-31 | $78.81M | 75.86% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $99.40M | 2.70% |
| 2024-03-31 | $96.78M | 3.42% |
| 2023-12-31 | $93.58M | 9.41% |
| 2023-09-30 | $85.53M | 7.84% |
| 2023-06-30 | $79.31M | 5.46% |
| 2023-03-31 | $75.21M | 7.97% |
| 2022-12-31 | $69.66M | 6.67% |
| 2022-09-30 | $65.31M | 6.31% |
| 2022-06-30 | $61.43M | 6.97% |
| 2022-03-31 | $57.43M | 7.82% |
| 2021-12-31 | $53.27M | 8.50% |
| 2021-09-30 | $49.09M | 9.86% |
| 2021-06-30 | $44.69M | 9.47% |
| 2021-03-31 | $40.82M | 9.30% |
| 2020-12-31 | $37.35M | 10.93% |
| 2020-09-30 | $33.67M | 7.21% |
| 2020-06-30 | $31.40M | 2.84% |
| 2020-03-31 | $30.54M | 8.50% |
| 2019-12-31 | $28.14M | 6.52% |
| 2019-09-30 | $26.42M | 6.70% |
| 2019-06-30 | $24.76M | 5.92% |
| 2019-03-31 | $23.38M | 4.95% |
| 2018-12-31 | $22.28M | -58.18% |
| 2001-12-31 | $53.27M | 8.50% |
| 2001-09-30 | $49.09M | 9.86% |
| 2001-06-30 | $44.69M | -22.19% |
| 2001-03-31 | $57.43M | - |
Sprout Social generated $99.40M in revenue during Q2 2024, up 2.70% compared to the previous quarter, and up 132.15% compared to the same period a year ago.
Sprout Social Revenue Breakdown
Sprout Social Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Professional Services And Other | $3.19M | $2.62M | $2.13M | $1.15M |
| Subscription | $330.46M | $251.21M | $185.73M | $131.80M |
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/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Subscription | $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 | $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 Jun 24: Subscription (99.10%), and Professional Services And Other (0.90%).
Sprout Social Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Americas | $262.29M | $199.52M | $148.24M | $104.21M |
| EMEA | $54.75M | $42.42M | $30.23M | $21.34M |
| 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
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas | $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 | $15.65M | $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 |
| Asia Pacific | $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 |
Sprout Social's latest quarterly revenue breakdown by geography, as of Jun 24: Americas (79.31%), EMEA (15.74%), and Asia Pacific (4.95%).
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 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). The company'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). SPT's quarterly revenue for Q4 2023 was $93.58M, a 9.41% increase from the previous quarter (Q3 2023), and a 34.34% increase year-over-year (Q4 2022).
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 Professional Services And Other, and Subscription. Professional Services And Other generated $3.18M in revenue, accounting 0.95% of the company's total revenue, up 21.80% year-over-year. Subscription generated $330.46M in revenue, accounting 99.05% of the company's total revenue, up 31.54% 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.