Sprout Social (SPT) Gross Margin (2019 - 2026)
Sprout Social's (SPT) quarterly Gross Margin came in at 76.96% in Q1 2026, down 31.0% year-on-year from 111.54% in Q1 2025, and down 0.8% on a QoQ basis from 77.58% in Q4 2025.
Sprout Social (SPT) Gross Margin (2019 - 2026) Analysis & Trends
Sprout Social (SPT) has 8 years of Gross Margin data on file, last reported at 76.96% in Q1 2026.
- On a quarterly basis, Gross Margin fell 31.0% year-over-year to 76.96% in Q1 2026; TTM through Mar 2026 was 77.48%, a 9.0% decrease from a year earlier, with the FY2025 full-year figure at 77.56%, up 10.0% from the prior year.
- Gross Margin for Q1 2026 stood at 76.96%, down from 77.58% in the prior quarter.
- Over the last five years, Gross Margin for SPT reached as high as 78.14% in Q4 2024 and fell as low as 75.35% in Q2 2022.
- Historically, Gross Margin has averaged 77.12% across 5 years, with a median of 77.37% in 2024.
- Across the five-year window, Gross Margin surged 282 bps in 2022 and sank 74 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 77.87% in 2022, then fell by 0 bps to 77.6% in 2023, then climbed by 1 bps to 78.14% in 2024, then dropped by 1 bps to 77.58% in 2025, then declined by 1 bps to 76.96% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 76.96% in Q1 2026, 77.58% in Q4 2025, and 77.69% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | Sprout Social | 65.75 Mn | -45.87 Mn | 93.51 Mn | 76.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 76.96% |
| Dec 31, 2025 | 77.58% |
| 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% |
| Jun 30, 2021 | 75.04% |