SPTMEDIUM SIGNALFINANCIAL10-K

Sprout Social showed strong operational improvement with 65% operating cash flow growth and 30% reduction in net losses, while expanding its AI capabilities through the new Trellis platform.

The company is demonstrating improved operational efficiency and path toward profitability, with significantly better cash generation despite increased investment spending. However, the 60% increase in debt and continued losses, albeit shrinking, indicate SPT is still in a growth investment phase requiring careful monitoring of cash burn and debt service capabilities.

Comparing 2026-02-27 vs 2025-02-26View on EDGAR →
FINANCIAL ANALYSIS

SPT delivered strong financial improvement across key metrics, with operating cash flow surging 65% to $43.4M and net losses narrowing 30% to -$43.3M, indicating better operational efficiency and progress toward profitability. The company expanded its balance sheet with 22% growth in assets, equity, and liabilities, while debt increased 60% to $40M, suggesting continued investment in growth initiatives. Overall, the financial picture shows a growth-stage company making meaningful progress on profitability while maintaining investment levels, though investors should monitor debt levels and cash generation sustainability.

FINANCIAL STATEMENT CHANGES
Operating Cash Flow
Cash Flow
+65%
$26.3M$43.4M

Operating cash flow surged 65% — exceptional cash generation, highest quality earnings signal.

Total Debt
Balance Sheet
+60%
$25.0M$40.0M

Debt increased 60% — substantial leverage increase; assess whether deployed for growth or covering losses.

Capital Expenditure
Cash Flow
+39.2%
$3.0M$4.1M

Capital expenditure jumped 39.2% — major investment cycle underway; assess returns on deployment.

Net Income
P&L
+30.1%
-$62.0M-$43.3M

Net income grew 30.1% — bottom-line growth signals improving overall business health.

Interest Expense
P&L
-29%
$3.5M$2.5M

Interest expense declined — debt repayment or refinancing at lower rates improving earnings quality.

Operating Income
P&L
+28%
-$60.4M-$43.5M

Operating income improving — cost discipline or growing revenue base absorbing fixed costs.

Total Assets
Balance Sheet
+22.1%
$428.3M$523.1M

Asset base grew 22.1% — expansion through organic growth, acquisitions, or capital deployment.

Total Liabilities
Balance Sheet
+22.1%
$261.7M$319.6M

Liabilities increased 22.1% — monitor debt-to-equity ratio and interest coverage.

Stockholders Equity
Balance Sheet
+22.1%
$166.6M$203.4M

Equity base grew 22.1% — retained earnings accumulation or equity issuance strengthening the balance sheet.

Accounts Receivable
Balance Sheet
+20.2%
$84.0M$101.0M

Receivables grew 20.2% — monitor days sales outstanding for collection efficiency.

LANGUAGE CHANGES
NEW — 2026-02-27
PRIOR — 2025-02-26
ADDED
As of February 20, 2026, there were 53,690,940 shares and 5,869,357 shares of the registrant s Class A and Class B common stock, respectively, $0.0001 par value per share, outstanding.
( Glassdoor ), Best Places to Work, 2017, 2018, 2020, 2021, 2022 and 2023 The 2025 Sprout Social Index: Edition XX ( The 2025 Sprout Social Index ) Fortune, 2025 Best Workplace in Chicago U.S.
As social has evolved from a marketing channel to a critical source of enterprise intelligence, our platform has evolved with it.
Our human-centric AI and advanced analytics - powered by Trellis, our proprietary AI agent - deliver real-time social intelligence from more than 1 billion daily messages, driving impact quickly and boosting productivity.
Our platform provides a compelling offering for customers of all sizes, across the SMB, Mid-market and Enterprise customer segments.
+7 more — sign up free →
REMOVED
As of February 21, 2025, there were 51,318,326 shares and 6,440,357 shares of the registrant s Class A and Class B common stock, respectively, $0.0001 par value per share, outstanding.
Our human-centric AI and advanced analytics deliver real-time insights from more than 1 billion daily messages, driving impact quickly and boosting productivity.
Currently, approximately 30,000 customers across more than 100 countries rely on our platform.
We have proven success in the SMB, Mid-market and Enterprise segments.
With over 99% of our revenue in 2024 from software subscriptions, we have experienced strong unit economics across all customer segments as we continue to grow and refine our sales and marketing efforts.
+7 more — sign up free →
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