Sprout Social (SPT) Gross Margin (2019 - 2026)
Sprout Social (SPT) posted quarterly 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 reported Gross Margin for 8 consecutive years, with 76.96% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 31.0% year-over-year to 76.96%; the TTM figure through Mar 2026 stood at 77.48% (down 9.0% YoY), while the FY2025 annual figure was 77.56%, up 10.0% from the prior year.
- Gross Margin eased 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.
- Historically, Gross Margin has averaged 77.12% across 5 years, with a median of 77.37% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin jumped 282 bps — and 2024, when it tumbled 74 bps.
- Sprout Social's Gross Margin stood at 77.87% in 2022, then dropped by 0 bps to 77.6% in 2023, then gained by 1 bps to 78.14% in 2024, then decreased by 1 bps to 77.58% in 2025, then slipped 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 | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | Sprout Social | 599.18 Mn | 479.25 Mn | 96.09 Mn | 77.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 77.59% |
| 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% |