← Sprout Social, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net loss | ($20.9m) | ($46.8m) | ($31.7m) | ($28.7m) | ($50.2m) | ($66.4m) | ($62.0m) | ($43.3m) | — | |
| Depreciation and amortization of property, equipment and software | $2.4m | $2.7m | $2.8m | $3.0m | $2.9m | $3.1m | $3.9m | $3.8m | $14.5m | |
| Amortization of line of credit issuance costs | $128k | $194k | $215k | $188k | $30k | $86k | $206k | $229k | — | |
| Amortization of acquired intangible assets | $1.5m | $1.5m | $1.4m | $1.0m | $1.0m | $3.5m | $6.2m | $7.0m | — | |
| Amortization of deferred commissions | $2.8m | $4.8m | $7.7m | $12.2m | $18.6m | $26.6m | $16.3m | $24.1m | — | |
| Amortization of right-of-use operating lease asset | $0 | $1.1m | $1.1m | $673k | $1.0m | $1.6m | $1.8m | $1.5m | — | |
| Stock-based compensation expense | $53k | $25.3m | $11.1m | $21.7m | $47.7m | $67.7m | $84.3m | $78.7m | $72.8m | |
| Employee taxes paid related to the net share settlement of stock-based awards | $0 | ($9.9m) | ($8.6m) | ($1.6m) | ($1.9m) | ($2.4m) | ($2.3m) | ($346k) | — | |
| Stock-based Compensation Expense Capitalized In Internal-use Software | — | — | — | — | — | $298k | $314k | $448k | $72.8m | |
| Provision for accounts receivable allowances | $793k | $2.2m | $2.0m | $614k | $1.2m | $2.4m | $1.7m | $3.6m | — | |
| Accounts receivable | ($4.9m) | ($2.8m) | ($8.1m) | ($8.9m) | ($11.5m) | ($27.0m) | ($22.3m) | ($18.3m) | ($10.9m) | |
| Accounts payable and accrued expenses | $1.8m | $1.4m | $6.6m | $8.5m | $7.1m | ($226k) | $3.1m | $626k | — | |
| Deferred revenue | $7.2m | $8.2m | $14.0m | $25.6m | $26.9m | $41.9m | $38.2m | $22.5m | — | |
| Other | — | — | — | — | — | $0 | $0 | ($505k) | — | |
| Prepaid expenses and other current assets | ($1.2m) | ($2.7m) | ($4.7m) | $3.5m | ($125k) | $444k | ($5.5m) | $1.5m | — | |
| Net cash provided by operating activities | ($17.2m) |
($14.4m)
+16.38%
|
($11.4m)
+21.24%
|
$14.8m
+230.52%
|
$10.7m
-28.00%
|
$6.5m
-39.48%
|
$26.3m
+307.70%
|
$43.4m
+64.99%
|
$53.9m
+24.16%
|
|
| Expenditures for property and equipment | ($2.1m) | ($760k) | ($4.0m) | ($926k) | ($1.8m) | ($2.1m) | ($3.0m) | ($4.1m) | — | |
| Capital expenditures incurred but not yet paid | $0 | $0 | $367k | $4k | $0 | $137k | $375k | $92k | ($3.6m) | |
| Accretion of discount on marketable securities | — | — | $423k | $736k | ($625k) | ($3.2m) | ($406k) | ($7k) | — | |
| Purchases of marketable securities | $0 | $0 | ($53.1m) | ($109.6m) | ($190.0m) | ($63.1m) | $0 | $0 | — | |
| Proceeds from maturity of marketable securities | $0 | $0 | $3.4m | $88.4m | $154.1m | $118.6m | $45.1m | $3.8m | — | |
| Proceeds from sale of marketable securities | — | — | — | $0 | $0 | $5.5m | $0 | $0 | — | |
| Net cash (used in) provided by investing activities | ($2.1m) | ($760k) | ($53.8m) | ($22.1m) | ($37.7m) | ($86.6m) | $40.7m | ($52.1m) | — | |
| Borrowings from line of credit | $11.0m | $0 | $0 | $0 | $0 | $75.0m | $0 | $32.0m | — | |
| Net cash provided by (used in) financing activities | $37.2m |
$124.3m
+233.69%
|
$44.4m
-64.31%
|
($100k)
-100.23%
|
($193k)
-93.00%
|
$54.0m
+28056.99%
|
($30.3m)
-156.20%
|
$15.5m
+151.13%
|
$17.7m
+14.47%
|
|
| Net increase (decrease) in cash, cash equivalents and restricted cash | $17.9m | $109.1m | ($20.8m) | ($7.4m) | ($27.2m) | ($26.2m) | $36.7m | $6.8m | — | |
| Restricted Cash | — | — | — | $0 | $0 | $3.9m | $4.0m | $1.9m | — | |
| Additional Supplementary Disclosures | ||||||||||
| Additional Supplementary Disclosures | ||||||||||
| Loss on lease termination - net | — | — | — | — | — | — | — | $1.2m | — | |
| Gain on lease modification | — | — | — | — | $0 | $0 | ($1.6m) | — | — | |
| Accretion Expense | — | — | — | — | — | $0 | $0 | $423k | — | |
| Deferred commissions | ($7.0m) | ($8.2m) | ($14.0m) | ($23.1m) | ($30.3m) | ($40.5m) | ($34.2m) | ($36.3m) | — | |
| Lease liabilities | $0 | ($1.6m) | ($206k) | ($2.2m) | ($2.9m) | ($3.5m) | ($3.6m) | ($3.3m) | — | |
| Payments for business acquisition, net of cash acquired | — | — | — | $0 | $0 | ($145.6m) | ($1.4m) | ($51.8m) | — | |
| Repayments of line of credit | ($14.0m) | $0 | $0 | $0 | $0 | ($20.0m) | ($30.0m) | ($17.0m) | — | |
| Payments for line of credit issuance costs | ($163k) | ($148k) | ($187k) | ($183k) | ($23k) | ($1.0m) | $0 | ($486k) | — | |
| Proceeds from exercise of stock options | $106k | $92k | $370k | $37k | $16k | $29k | $29k | $0 | — | |
| Proceeds from employee stock purchase plan | — | — | $0 | $0 | $1.7m | $2.3m | $2.0m | $1.3m | — | |
| Cash and cash equivalents | ||||||||||
| Beginning of year | $26.2m | $135.3m | $114.5m | $107.1m | $79.9m | $53.7m | $90.4m | $97.2m | — | |
| Cash paid for interest | $489k | $76k | $138k | $111k | $62k | $1.6m | $3.6m | $1.9m | — | |
| Income Taxes Paid, Net | $0 | $22k | $66k | $127k | $211k | $735k | $759k | $1.4m | — | |
| Fair value of contingent consideration in connection with business acquisition | — | — | — | — | — | $0 | $0 | $8.4m | — | |
| Deferred consideration in connection with business acquisition | — | — | — | — | — | $0 | $0 | $1.9m | — | |
| ROU asset obtained in exchange for operating lease liability | $0 | $0 | $5.5m | $0 | $1.1m | $795k | $629k | $0 | — | |
| Non-cash adjustment to operating lease right-of-use assets from lease modifications | ($17.2m) | ($14.4m) | ($11.4m) | $14.8m | $0 | $0 | $3.8m | $0 | $53.9m |