Sprout Social (SPT) Gross Margin (2019 - 2026)
Sprout Social (SPT) reported Gross Margin of 76.96% for Q1 2026, down 31.0% year-over-year from 111.54% in Q1 2025, and down 0.8% quarter-over-quarter 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.
- Gross Margin for Q1 2026 came in at 76.96%, down 31.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 77.48% (down 9.0% YoY), and the FY2025 annual result was 77.56%, up 10.0% from the prior year.
- Gross Margin fell to 76.96% in Q1 2026 per SPT's latest filing, from 77.58% in the prior quarter.
- Over five years, Gross Margin peaked at 78.14% in Q4 2024 and troughed at 75.35% in Q2 2022.
- A 5-year average of 77.12% and a median of 77.37% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin jumped 282 bps in 2022, then tumbled 74 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 77.87% in 2022, then slipped by 0 bps to 77.6% in 2023, then rose by 1 bps to 78.14% in 2024, then retreated by 1 bps to 77.58% in 2025, then decreased by 1 bps to 76.96% in 2026.
- Business Quant data shows SPT's Gross Margin at 76.96% in Q1 2026, 77.58% in Q4 2025, and 77.69% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 48.77% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 76.92% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 85.65% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 75.07% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 48.28% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 89.20% |
| 10 | Sprout Social | 424.18 Mn | 312.56 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% |