Sprout Social (SPT) Operating Expenses (2019 - 2026)
Sprout Social's (SPT) quarterly Operating Expenses came in at $98.8 million in Q2 2026, little changed year-over-year from $99.2 million in Q2 2025, and down 0.6% quarter-over-quarter from $99.4 million in Q1 2026.
Analysis
Sprout Social (SPT) Operating Expenses (2019 - 2026) Analysis & Trends
Sprout Social (SPT) has reported Operating Expenses for 8 consecutive years, with $98.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses changed 0.41% year-over-year to $98.8 million in Q2 2026; TTM through Jun 2026 was $401.6 million, a 3.39% increase from a year earlier, with the FY2025 full-year figure at $398.3 million, up 6.27% from the prior year.
- Operating Expenses was $98.8 million for Q2 2026 at Sprout Social, down from $99.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $104.6 million in Q4 2025 and troughed at $53.0 million in Q1 2022.
- A 5-year average of $85.8 million and a median of $92.2 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 56.6% in 2022 and retreated 0.41% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $67.4 million in 2022, then surged by 34.8% to $90.8 million in 2023, then rose by 7.16% to $97.4 million in 2024, then rose by 7.42% to $104.6 million in 2025, then retreated by 5.56% to $98.8 million in 2026.
- The last three Operating Expenses figures came in at $98.8 million (Q2 2026), $99.4 million (Q1 2026), and $104.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Zeta Global Holdings | 7.10 Bn | 6.79 Bn | 261.77 Mn | 425.84 Mn |
| 2 | Klaviyo | 5.52 Bn | 4.69 Bn | 269.10 Mn | 284.07 Mn |
| 3 | Braze | 3.60 Bn | 3.21 Bn | 138.66 Mn | 166.18 Mn |
| 4 | LiveRamp Holdings | 2.30 Bn | 1.92 Bn | 150.94 Mn | 130.78 Mn |
| 5 | Sharplink | 865.57 Mn | 809.37 Mn | 11.27 Mn | 85.41 Mn |
| 6 | Sprout Social | 688.23 Mn | 568.30 Mn | 96.09 Mn | 98.76 Mn |
| 7 | Yext | 645.34 Mn | 558.52 Mn | 83.84 Mn | 66.27 Mn |
| 8 | TechTarget | 292.93 Mn | 247.11 Mn | 64.48 Mn | 86.56 Mn |
| 9 | Marchex | 69.04 Mn | 60.89 Mn | 6.60 Mn | 11.35 Mn |
| 10 | Grandstand | 66.68 Mn | 57.88 Mn | 31.83 Mn | -25.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 98.76 Mn |
| Mar 31, 2026 | 99.35 Mn |
| Dec 31, 2025 | 104.57 Mn |
| Sep 30, 2025 | 98.92 Mn |
| Jun 30, 2025 | 99.16 Mn |
| Mar 31, 2025 | 95.65 Mn |
| Dec 31, 2024 | 97.35 Mn |
| Sep 30, 2024 | 96.29 Mn |
| Jun 30, 2024 | 93.51 Mn |
| Mar 31, 2024 | 87.64 Mn |
| Dec 31, 2023 | 90.85 Mn |
| Sep 30, 2023 | 89.54 Mn |
| Jun 30, 2023 | 76.00 Mn |
| Mar 31, 2023 | 70.27 Mn |
| Dec 31, 2022 | 67.39 Mn |
| Sep 30, 2022 | 64.38 Mn |
| Jun 30, 2022 | 60.83 Mn |
| Mar 31, 2022 | 53.05 Mn |
| Dec 31, 2021 | 49.70 Mn |
| Sep 30, 2021 | 43.58 Mn |