Sprout Social, Inc. (SPT) Gross Margin (2019 - 2026)
Sprout Social's Gross Margin was 77.59% in Q2 2026, down 0.11 percentage points from 77.69% a year earlier but up 0.62 percentage points from the prior quarter.
Sprout Social, Inc. (SPT) Gross Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sprout Social's Gross Margin was 77.45% through Jun 30, 2026, down 0.17 percentage points year-over-year; for FY2025, it came in at 77.56%, up 0.09 percentage points from FY2024.
- Gross Margin has now increased for six consecutive years, with a five-year change of +3.82 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 77.46% in FY2024 (+0.32 pp), 77.14% in FY2023 (+0.72 pp), 76.42% in FY2022 (+1.32 pp) and 75.09% in FY2021 (+1.36 pp).
- Quarterly Gross Margin has moved between 74.85% (Q3 2021) and 78.14% (Q4 2024) over five years.
- Compared with a year earlier, Gross Margin has declined for three straight quarters, with an average year-over-year change of +0.19 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q4 2022 (a gain of 2.82 percentage points); the worst was Q1 2024 (a drop of 0.74 percentage points).
- Per Business Quant data, SPT's Gross Margin in the three quarters before Q2 2026 was 76.96% (Q1 2026), 77.55% (Q4 2025) and 77.69% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.59% |
| Mar 31, 2026 | 76.96% |
| Dec 31, 2025 | 77.55% |
| Sep 30, 2025 | 77.69% |
| Jun 30, 2025 | 77.69% |
| Mar 31, 2025 | 77.27% |
| Dec 31, 2024 | 78.14% |
| Sep 30, 2024 | 77.37% |
| Jun 30, 2024 | 77.46% |
| Mar 31, 2024 | 76.83% |
| Dec 31, 2023 | 77.60% |
| Sep 30, 2023 | 76.39% |
| Jun 30, 2023 | 77.01% |
| Mar 31, 2023 | 77.56% |
| Dec 31, 2022 | 77.87% |
| Sep 30, 2022 | 76.55% |
| Jun 30, 2022 | 75.35% |
| Mar 31, 2022 | 75.64% |
| Dec 31, 2021 | 75.05% |
| Sep 30, 2021 | 74.85% |
Sprout Social, Inc. Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SPT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SPT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SPT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();