Sprout Social (SPT) Cost of Revenue (2019 - 2026)
Sprout Social (SPT) reported Cost of Revenue of $28.0 million for Q1 2026, up 12.69% year-over-year from $24.8 million in Q1 2025, and up 3.14% quarter-over-quarter from $27.1 million in Q4 2025.
Sprout Social (SPT) Cost of Revenue (2019 - 2026) Analysis & Trends
Sprout Social (SPT) has 8 years of Cost of Revenue data on file, last reported at $28.0 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $28.0 million, up 12.69% year-over-year; the trailing twelve-month figure through Mar 2026 was $105.8 million (down 10.05% YoY), and the FY2025 annual result was $102.7 million, up 12.27% from the prior year.
- Cost of Revenue improved to $28.0 million in Q1 2026 per SPT's latest filing, from $27.1 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $112.8 million in Q4 2023 and troughed at $16.9 million in Q1 2023.
- A 5-year average of $35.5 million and a median of $25.8 million in 2025 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue jumped 219.26% in 2022, then tumbled 79.24% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $79.3 million in 2022, then surged by 42.31% to $112.8 million in 2023, then plunged by 79.24% to $23.4 million in 2024, then climbed by 15.91% to $27.1 million in 2025, then climbed by 3.14% to $28.0 million in 2026.
- Business Quant data shows SPT's Cost of Revenue at $28.0 million in Q1 2026, $27.1 million in Q4 2025, and $25.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 55.33 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.62 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 3.77 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 211.49 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 940.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 715.00 Mn |
| 10 | Sprout Social | 424.18 Mn | 312.56 Mn | 93.51 Mn | 27.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.99 Mn |
| Mar 31, 2026 | 27.99 Mn |
| Dec 31, 2025 | 27.14 Mn |
| Dec 31, 2025 | 27.14 Mn |
| Sep 30, 2025 | 25.78 Mn |
| Sep 30, 2025 | 25.78 Mn |
| Jun 30, 2025 | 24.93 Mn |
| Jun 30, 2025 | 24.93 Mn |
| Mar 31, 2025 | 24.84 Mn |
| Mar 31, 2025 | 24.84 Mn |
| Dec 31, 2024 | 23.41 Mn |
| Dec 31, 2024 | 23.41 Mn |
| Sep 30, 2024 | 23.23 Mn |
| Sep 30, 2024 | 23.23 Mn |
| Jun 30, 2024 | 46.19 Mn |
| Jun 30, 2024 | 46.19 Mn |
| Mar 31, 2024 | 44.54 Mn |
| Mar 31, 2024 | 44.54 Mn |
| Dec 31, 2023 | 112.78 Mn |
| Dec 31, 2023 | 112.78 Mn |