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Sprout Social's peak revenue was $405.9M in 2024. The peak quarterly revenue was $107.1M in 2024(q4).
Sprout Social's revenue increased from $78.8m in 2018 to $405.9M currently. That's a 415.03% change in annual revenue.
| Fiscal year / year | Sprout Social revenue |
|---|---|
| 2018 | $78.8M |
| 2019 | $102.7M |
| 2020 | $132,949 |
| 2021 | $187.9M |
| 2022 | $253.8M |
| 2023 | $333.6M |
| 2024 | $405.9M |
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Sprout Social saw the greatest revenue growth in 2021, when revenue increased by 41.3%.
Sprout Social had the lowest revenue growth in 2020, when revenue changed by -99.87%.
| Year | Sprout Social growth |
|---|---|
| 2019 | 30%↑ |
| 2020 | -100%↓ |
| 2021 | 141202%↑ |
| 2022 | 35%↑ |
| 2023 | 31%↑ |
| 2024 | 22%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2019 | - | - | - | $28.1M |
| 2020 | $30.5M | $31.4M | $33.7M | $37.4M |
| 2021 | $40.8M | $44.7M | $49.1M | $53.3M |
| 2022 | $57.4M | $61.4M | $65.3M | $69.7M |
| 2023 | $75.2M | $79.3M | $85.5M | $93.6M |
| 2024 | $96.8M | $99.4M | $102.6M | $107.1M |
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Is Sprout Social transparent about its revenue structure?
| CEO | Justyn Howard |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 500 |
| Date Founded | 2010 |
| Headquarters | Chicago, Illinois |
| Number of Locations | 2 |
| Revenue | $405.9M |
| Net Income | -$50,240 |
| Gross Proft | $314.4M (2024) |
| Tax Rate | -0.0% |
| Total Assets | $293,920,000 |
| Ticker | SPT |
Sprout Social received early financing of $1.0M on 2010-11-09.
| Series | Round size | Date |
|---|---|---|
| Series Unknown | $1M | 11/2010 |
| Series Unknown | $10.0M | 02/2011 |
| Series B | $10M | 06/2014 |
| Series B | $8M | 06/2014 |
| Series C | $42M | 02/2016 |
| Series D | $40.5M | 12/2018 |
| Investors | Security type |
|---|---|
| Lightbank | Series Unknown |
| New Enterprise Associates (NEA) | Series B |
| Lightbank | Series B |
| New Enterprise Associates (NEA) | Series B |
| The Goldman Sachs Group, Inc. | Series C |
| New Enterprise Associates (NEA) | Series C |
| The Goldman Sachs Group, Inc. | Series D |
| New Enterprise Associates (NEA) | Series D |
| Future Fund | Series D |
Zippia gives an in-depth look into the details of Sprout Social, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sprout Social. The employee data is based on information from people who have self-reported their past or current employments at Sprout Social. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Sprout Social. The data presented on this page does not represent the view of Sprout Social and its employees or that of Zippia.
Sprout Social may also be known as or be related to SPROUT SOCIAL, INC., Sprout Social, Sprout Social Inc and Sprout Social, Inc.