Sprout Social (SPT) Q3 FY2026 earnings: revenue $125 million, up 8.3% on the year

Sprout Social, Inc. (SPT) reported revenue of $125 million for Q3 FY2026, the quarter ended 30 September 2026, up 8.3% on the same quarter a year earlier. Net income was -$6 million, and diluted earnings per share $-0.11. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.

Revenue

$125 million

+8.3% on the year · +1.0% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

-5.5%

-7.9% a year earlier

Q4 FY2024Q3 FY2026

Net income

-$6 million

Q4 FY2024Q3 FY2026

Diluted EPS

-$0.11

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 4 raised, 4 new, 1 kept.

Revenue grew 8% year over year: Revenue was $125.1 million, up from $115.6 million in the third quarter of 2025.
Large-customer revenue grew 18%: Approximated trailing twelve month subscription revenue from customers with $30,000 or more in ARR reached $301.5 million, 62.3% of total subscription revenue.
Remaining performance obligations up 10%: Remaining performance obligations were $393.9 million, up 10% year over year and below the $400.8 million reported at June 30, 2026.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	125	124	116	+1.0%	+8.3%
Cost of revenue	29.3	27.8	25.8	+5.7%	+13.8%
Gross profit	95.8	96.1	89.8	-0.3%	+6.7%
Gross margin	76.6%	77.6%	77.7%
Research and development	28.9	26.6	25.1	+8.5%	+15.3%
Operating income	-6.9	-2.7	-9.1
Operating margin	-5.5%	-2.2%	-7.9%
Interest expense	0.6	0.6	0.8	+2.3%	-17.0%
Pre-tax income	-6.8	-2.7	-9.3
Income tax	-0.3	0.4	0.1
Net income	-6.5	-3.1	-9.4
Net margin	-5.2%	-2.5%	-8.1%
Diluted EPS	-$0.11	-$0.05	-$0.16

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	10.7	8.5	9.3	+26.6%	+15.3%
Capital expenditure	0.5	0.6	0.8	-23.2%	-39.4%
Free cash flow	10.2	7.8	8.5	+30.5%	+20.4%
Free cash flow margin	8.2%	6.3%	7.4%
Cash from investing	-0.5	-0.6	-51.1
Cash from financing	-26.4	0.5	28.8
Depreciation and amortisation	3.4	3.3	2.9	+0.9%	+14.1%
Share-based compensation	11.4	15.9	19.0	-28.0%	-40.0%
Diluted shares, weighted	60m	60m	59m	-1.0%	+1.2%
Shares outstanding at period end	59m	61m	59m	-2.9%	-0.6%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	207	229	194	-9.4%	+6.7%
Debt	32.5	32.5	44.0	0.0%	-26.1%
Operating lease liabilities	10.0	10.6	12.8	-5.5%	-21.6%
Other liabilities	244	251	231	-2.8%	+5.7%
Total liabilities and equity	493	522	481	-5.6%	+2.4%
Fixed assets	9.5	10.0	9.9	-4.3%	-3.2%
Goodwill	167	167	167	0.0%	+0.1%
Intangible assets	32.6	34.9	42.1	-6.7%	-22.7%
Investments	n/a	n/a	0.0
Cash and equivalents	104	120	90.6	-13.5%	+14.4%
Receivables	69.5	78.1	63.5	-11.0%	+9.4%
Other assets	111	112	108	-1.3%	+2.3%
Total assets	493	522	481	-5.6%	+2.4%

Questions

What was Sprout Social's revenue in Q3 FY2026?

Sprout Social (SPT) reported revenue of $125 million for Q3 FY2026, the quarter ended 30 September 2026, up 8.3% on the same quarter a year earlier.

How much did Sprout Social earn in Q3 FY2026?

Net loss for Q3 FY2026 was $6 million, and the diluted loss per share $0.11.

When did Sprout Social report Q3 FY2026 results?

Sprout Social filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	53.3	57.4	61.4	65.3	69.7	75.2	79.3	85.5	93.6	96.8	99.4	103	107	109	112	116	121	121	124	125
Cost of revenue	13.3	14.0	15.1	15.3	15.4	16.9	18.2	20.2	21.0	22.4	22.4	23.2	23.4	24.8	24.9	25.8	27.1	28.0	27.8	29.3
Gross profit	40.0	43.4	46.3	50.0	54.2	58.3	61.1	65.3	72.6	74.4	77.0	79.4	83.7	84.5	86.8	89.8	93.7	93.5	96.1	95.8
Gross margin	75%	76%	75%	77%	78%	78%	77%	76%	78%	77%	77%	77%	78%	77%	78%	78%	78%	77%	78%	77%
R&D	12.2	13.1	15.4	16.3	16.7	17.9	19.0	20.1	22.7	23.8	25.1	26.3	27.6	23.2	24.6	25.1	28.4	26.9	26.6	28.9
Operating income	-9.7	-9.6	-14.5	-14.4	-13.1	-11.9	-14.9	-24.2	-18.2	-13.3	-16.5	-16.9	-13.7	-11.2	-12.3	-9.1	-10.8	-5.8	-2.7	-6.9
Operating margin	-18%	-17%	-24%	-22%	-19%	-16%	-19%	-28%	-19%	-14%	-17%	-16%	-13%	-10%	-11%	-8%	-9%	-5%	-2%	-6%
Interest expense	0.1	0.1	0.0	0.0	0.0	0.0	0.0	1.1	1.5	1.0	1.0	0.9	0.7	0.5	0.4	0.8	0.8	0.7	0.6	0.6
Pre-tax income	-9.8	-9.7	-14.5	-13.8	-11.8	-10.2	-13.0	-24.0	-18.7	-13.7	-16.7	-16.8	-14.1	-11.0	-11.4	-9.3	-11.0	-5.9	-2.7	-6.8
Net income	-9.9	-9.8	-14.6	-13.9	-11.9	-10.3	-13.1	-23.0	-20.1	-13.6	-16.9	-17.1	-14.4	-11.2	-12.0	-9.4	-10.7	-6.3	-3.1	-6.5
Net margin	-19%	-17%	-24%	-21%	-17%	-14%	-16%	-27%	-21%	-14%	-17%	-17%	-13%	-10%	-11%	-8%	-9%	-5%	-2%	-5%
Diluted EPS	-$0.18	-$0.18	-$0.27	-$0.25	-$0.22	-$0.19	-$0.24	-$0.41	-$0.35	-$0.24	-$0.30	-$0.30	-$0.25	-$0.19	-$0.21	-$0.16	-$0.18	-$0.11	-$0.05	-$0.11
Operating cash flow	2.5	5.4	1.3	1.0	3.0	8.3	6.3	-5.5	-2.6	11.2	2.1	9.0	4.1	18.1	5.1	9.3	10.9	25.2	8.5	10.7
Capital expenditure	0.3	0.3	0.6	0.5	0.4	0.4	0.3	0.8	0.6	1.1	0.5	0.5	0.9	1.4	0.9	0.8	1.1	1.1	0.6	0.5
Free cash flow	2.2	5.1	0.7	0.5	2.6	7.9	6.0	-6.3	-3.2	10.1	1.6	8.5	3.3	16.7	4.2	8.5	9.9	24.1	7.8	10.2
Shares outstanding	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	58m	58m	59m	59m	60m	60m	61m	59m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.