Sprout Social (SPT) Gross Margin (2019 - 2026)
Sprout Social's Gross Margin was 77.59% in Q2 2026, down 0.11 percentage points from 77.69% a year earlier but up 0.62 percentage points from the prior quarter.
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Analysis
Sprout Social (SPT) Gross Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sprout Social's Gross Margin was 77.45% through Jun 30, 2026, down 0.17 percentage points year-over-year; for FY2025, it came in at 77.56%, up 0.09 percentage points from FY2024.
- Gross Margin has now increased for six consecutive years, with a five-year change of +3.82 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 77.46% in FY2024 (+0.32 pp), 77.14% in FY2023 (+0.72 pp), 76.42% in FY2022 (+1.32 pp) and 75.09% in FY2021 (+1.36 pp).
- Quarterly Gross Margin has moved between 74.85% (Q3 2021) and 78.14% (Q4 2024) over five years.
- Compared with a year earlier, Gross Margin has declined for three straight quarters, with an average year-over-year change of +0.19 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q4 2022 (a gain of 2.82 percentage points); the worst was Q1 2024 (a drop of 0.74 percentage points).
- Per Business Quant data, SPT's Gross Margin in the three quarters before Q2 2026 was 76.96% (Q1 2026), 77.55% (Q4 2025) and 77.69% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 449.46 Bn | 418.52 Bn | 1.64 Bn | 84.66% |
| 2 | Oracle | 415.29 Bn | 287.84 Bn | - | - |
| 3 | Sap Se | 256.30 Bn | 177.39 Bn | 8.40 Bn | 73.17% |
| 4 | Salesforce | 188.94 Bn | 144.82 Bn | 8.70 Bn | 76.65% |
| 5 | ServiceNow | 138.57 Bn | 117.03 Bn | 2.82 Bn | 70.68% |
| 6 | Automatic Data Processing | 102.66 Bn | 84.78 Bn | 2.51 Bn | 45.88% |
| 7 | Intuit | 74.00 Bn | 53.35 Bn | 3.44 Bn | 79.10% |
| 8 | Relx | 60.34 Bn | 57.31 Bn | - | - |
| 9 | Strategy | 53.88 Bn | 46.87 Bn | 81.55 Mn | 66.64% |
| 10 | Sprout Social | 591.91 Mn | 174.45 Mn | 96.09 Mn | 77.59% |
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% |
API Access
Sprout Social Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SPT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SPT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SPT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();