Filing Flows › Sprout Social (SPT) › Q1 2026
Sprout Social (SPT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Sprout Social (SPT) reported revenue of $121M for the first quarter 2026 (Q1 2026), +11% from a year earlier and +0.5% from the quarter before. Operating margin was -4.8%, net loss $6.3M (5.2% of revenue).
Sprout Social, Q1 2026: revenue $121M (+11% year over year), operating margin -4.8%, net loss $6.3M, operating cash flow $25.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $121M | +0.5% | +11% |
| Operating profit | −$5.8M | — | — |
| Net earnings | −$6.3M | — | — |
| Operating cash flow | $25.2M | +131% | +39% |
| Free cash flow | $24.1M | +144% | +44% |
What changed
Revenue was $121.5M in Q1 2026, up 11% year over year and up 1% from the previous quarter. Subscription was the largest line at 99% of revenue. Subscription added $11.3M year over year (up 10%), 93% of the total change.
Gross margin was 77.0%, down 0.3 points from Q1 2025. Operating costs exceeded revenue by $5.8M, an operating margin of -4.8%. Operating expenses grew 4% against revenue growth of 11%. The fastest-growing cost line was Research & development (+16%). The quarter ended with a net loss of $6.3M, narrower than the previous quarter's $10.7M loss.
Operating cash flow was $25.2M (up 39% year over year). Non-cash charges added back $3.3M of depreciation and amortization and $18.1M of share-based compensation. Working capital and other items added $10.1M. Capital expenditures of $1.1M left free cash flow of $24.1M.
Questions
What was Sprout Social's revenue in the first quarter 2026?
Sprout Social (SPT) reported revenue of $121M for the first quarter 2026 (Q1 2026), +11% from a year earlier and +0.5% from the quarter before.
Was Sprout Social profitable in the first quarter 2026?
Operating loss was $5.8M (-4.8% of revenue) and net loss $6.3M.
Source: Sprout Social 10-Q on SEC EDGAR.