Sprout Social (SPT) Cost of Revenue (2019 - 2026)
Sprout Social's (SPT) quarterly Cost of Revenue came in at $27.8 million in Q2 2026, up 11.33% year-over-year from $24.9 million in Q2 2025, and down 0.83% quarter-over-quarter from $28.0 million in Q1 2026.
Analysis
Sprout Social (SPT) Cost of Revenue (2019 - 2026) Analysis & Trends
Sprout Social (SPT) has reported Cost of Revenue for 8 consecutive years, with $27.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 11.33% year-over-year to $27.8 million in Q2 2026; TTM through Jun 2026 was $108.7 million, a 12.71% increase from a year earlier, with the FY2025 full-year figure at $102.7 million, up 12.27% from the prior year.
- Cost of Revenue was $27.8 million for Q2 2026 at Sprout Social, down from $28.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $28.0 million in Q1 2026 and troughed at $14.0 million in Q1 2022.
- A 5-year average of $21.4 million and a median of $22.4 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue surged 39.95% in 2022 and climbed 10.75% in 2025, its largest moves.
- Over 5 years, Cost of Revenue stood at $15.4 million in 2022, then soared by 35.98% to $21.0 million in 2023, then grew by 11.7% to $23.4 million in 2024, then advanced by 15.91% to $27.1 million in 2025, then rose by 2.28% to $27.8 million in 2026.
- The last three Cost of Revenue figures came in at $27.8 million (Q2 2026), $28.0 million (Q1 2026), and $27.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Zeta Global Holdings | 7.10 Bn | 6.79 Bn | 261.77 Mn | 181.00 Mn |
| 2 | Klaviyo | 5.52 Bn | 4.69 Bn | 269.10 Mn | 101.47 Mn |
| 3 | Braze | 3.60 Bn | 3.21 Bn | 138.66 Mn | 72.34 Mn |
| 4 | LiveRamp Holdings | 2.30 Bn | 1.92 Bn | 150.94 Mn | 63.04 Mn |
| 5 | Sharplink | 865.57 Mn | 809.37 Mn | 11.27 Mn | 258,000.00 |
| 6 | Sprout Social | 688.23 Mn | 568.30 Mn | 96.09 Mn | 27.76 Mn |
| 7 | Yext | 645.34 Mn | 558.52 Mn | 83.84 Mn | 27.27 Mn |
| 8 | TechTarget | 292.93 Mn | 247.11 Mn | 64.48 Mn | 51.67 Mn |
| 9 | Marchex | 69.04 Mn | 60.89 Mn | 6.60 Mn | 4.40 Mn |
| 10 | Grandstand | 66.68 Mn | 57.88 Mn | 31.83 Mn | 5.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.76 Mn |
| Mar 31, 2026 | 27.99 Mn |
| Dec 31, 2025 | 27.14 Mn |
| Sep 30, 2025 | 25.78 Mn |
| Jun 30, 2025 | 24.93 Mn |
| Mar 31, 2025 | 24.84 Mn |
| Dec 31, 2024 | 23.41 Mn |
| Sep 30, 2024 | 23.23 Mn |
| Jun 30, 2024 | 22.40 Mn |
| Mar 31, 2024 | 22.43 Mn |
| Dec 31, 2023 | 20.96 Mn |
| Sep 30, 2023 | 20.20 Mn |
| Jun 30, 2023 | 18.23 Mn |
| Mar 31, 2023 | 16.88 Mn |
| Dec 31, 2022 | 15.42 Mn |
| Sep 30, 2022 | 15.31 Mn |
| Jun 30, 2022 | 15.14 Mn |
| Mar 31, 2022 | 13.99 Mn |
| Dec 31, 2021 | 13.29 Mn |
| Sep 30, 2021 | 12.35 Mn |