Sprout Social (SPT) Gross Margin (2019 - 2026)
Sprout Social's (SPT) quarterly Gross Margin came in at 77.59% in Q2 2026, down 11.0% year-over-year from 87.18% in Q2 2025, and up 0.81% quarter-over-quarter from 76.96% in Q1 2026.
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Sprout Social (SPT) Gross Margin (2019 - 2026) Analysis & Trends
Sprout Social (SPT) has reported Gross Margin for 8 consecutive years, with 77.59% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 11.0% year-over-year to 77.59% in Q2 2026; TTM through Jun 2026 was 77.45%, a 17.0% decrease from a year earlier, with the FY2025 full-year figure at 77.56%, up 9.0% from the prior year.
- Gross Margin was 77.59% for Q2 2026 at Sprout Social, up from 76.96% 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 77.14% and a median of 77.41% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 282 bps in 2022 and plunged 74 bps in 2024, its largest moves.
- Over 5 years, Gross Margin stood at 77.87% in 2022, then decreased by 0 bps to 77.6% in 2023, then gained by 1 bps to 78.14% in 2024, then declined by 1 bps to 77.55% in 2025, then rose by 0 bps to 77.59% in 2026.
- The last three Gross Margin figures came in at 77.59% (Q2 2026), 76.96% (Q1 2026), and 77.55% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Zeta Global Holdings | 7.10 Bn | 6.79 Bn | 261.77 Mn | 59.12% |
| 2 | Klaviyo | 5.52 Bn | 4.69 Bn | 269.10 Mn | 72.62% |
| 3 | Braze | 3.60 Bn | 3.21 Bn | 138.66 Mn | 65.72% |
| 4 | LiveRamp Holdings | 2.30 Bn | 1.92 Bn | 150.94 Mn | 70.54% |
| 5 | Sharplink | 865.57 Mn | 809.37 Mn | 11.27 Mn | 97.76% |
| 6 | Sprout Social | 688.23 Mn | 568.30 Mn | 96.09 Mn | 77.59% |
| 7 | Yext | 645.34 Mn | 558.52 Mn | 83.84 Mn | 75.46% |
| 8 | TechTarget | 292.93 Mn | 247.11 Mn | 64.48 Mn | 55.52% |
| 9 | Marchex | 69.04 Mn | 60.89 Mn | 6.60 Mn | 59.97% |
| 10 | Grandstand | 66.68 Mn | 57.88 Mn | 31.83 Mn | 84.29% |
Historic Data
Download Data
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% |