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% on a QoQ basis from 77.58% in Q4 2025.
Sprout Social (SPT) has 8 years of Gross Margin data on file, last reported at 76.96% in Q1 2026.
- Quarterly Gross Margin fell 31.0% year-over-year to 76.96% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 77.48% (down 9.0% YoY) and the FY2025 annual result came in at 77.56%, up 10.0% from the prior year.
- Gross Margin retreated to 76.96% in Q1 2026 per SPT's latest filing, from 77.58% in the prior quarter.
- Across five years, Gross Margin topped out at 78.14% in Q4 2024 and bottomed at 75.35% in Q2 2022.
- The 5-year median for Gross Margin is 77.37% (2024), against an average of 77.12%.
- The widest annual swing landed in 2022, when Gross Margin surged 282 bps; it then sank 74 bps in 2024.
- Tracing SPT's Gross Margin over 5 years: stood at 77.87% in 2022, then retreated by 0 bps to 77.6% in 2023, then grew by 1 bps to 78.14% in 2024, then declined by 1 bps to 77.58% in 2025, then fell by 1 bps to 76.96% in 2026.
- Per Business Quant, the three latest SPT Gross Margin figures stand at 76.96% (Q1 2026), 77.58% (Q4 2025), and 77.69% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | Sprout Social | 409.76 Mn | 298.14 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% |
| Mar 31, 2021 | 75.51% |
| Dec 31, 2020 | 74.25% |
| Sep 30, 2020 | 73.94% |
| Jun 30, 2020 | 73.50% |
| Mar 31, 2020 | 73.12% |
| Dec 31, 2019 | 68.50% |
| Sep 30, 2019 | 72.64% |
| Jun 30, 2019 | 74.91% |
| Mar 31, 2019 | 75.00% |