Sprout Social
SPT on Nasdaq. Sprout Social sells social media management software to businesses and organizations. Market value $1.1bn.
Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Technology stocks that passed both tests
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $8.48 of spare cash in the past 12 months. A savings account pays about $4.
The filings do not give us enough to work this out.
Each dollar kept in the business earns -41 cents a year. Above 10 is good.
Quality score: 60 of 100. Price score: 33 of 100. Our list needs 70 on quality and 60 on price.
$10.13 a share, 106% above its 1-year low
Over the past year the price has ranged from $4.92 to $12.25.
Pays no dividend
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | $188m | $254m | $334m | $406m | $458m |
| Operating margin | |||||
| Operating margin | -15.0% | -20.4% | -20.8% | -14.9% | -9.5% |
| Debt to equity | |||||
| Debt to equity | n/a | 0.00 | 0.38 | 0.15 | 0.20 |
| Shares outstanding | |||||
| Shares outstanding | 0.05bn | 0.05bn | 0.06bn | 0.06bn | 0.06bn |
Health checks
- Free cash flow positive5 of 5 years
- Accounting looks honest (Beneish)Nothing unusual
- Financial strength (Piotroski)3 of 8 checks we could run
- Profit backed by cash (accruals)No
- Debt0.20× equity
- Revenue growth, five yearsStrong, 28.0% a year
- Buying back its own sharesNo, 9% more shares since 2021
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $124 million last quarter, up 11% on a year ago.
- A loss of $3 million, compared with a loss of $12 million a year ago.
- It loses 6 cents on each $1 of sales, compared with 13 cents a year earlier.
- Spare cash over the past 12 months: $50 million, up from $33 million.
- 3% more shares than a year ago. Each share owns a bit less of the company.
- Sales grew on a year ago in each of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $103m |
| December 2024 | $107m |
| March 2025 | $109m |
| June 2025 | $112m |
| September 2025 | $116m |
| December 2025 | $121m |
| March 2026 | $121m |
| June 2026 | $124m |
| Quarter to | Amount |
|---|---|
| September 2024 | -$17m |
| December 2024 | -$14m |
| March 2025 | -$11m |
| June 2025 | -$12m |
| September 2025 | -$9m |
| December 2025 | -$11m |
| March 2026 | -$6m |
| June 2026 | -$3m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 27 February 2026
- Next quarterly (estimated, 10-Q)
- 6 November 2026
Who owns it
None of the long-term investors we follow own it. 193 funds in all.
Largest holders overall
- BlackRock$66mAdded
- Vanguard Portfolio Management$33mAdded
- Ancient Art, L.P.$19m
- Vanguard Capital Management$17mAdded
- Haveli Investment Management$16mNew
- Acadian Asset Management$16m
- TWO Sigma Investments, LP$15mAdded
- State Street$12mCut
- AQR Capital Management$11mAdded
- Geode Capital Management$10mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
6 investors own more than 5%.
- BlackRock Portfolio Management LLCPassive investor8.4%Since 30 June 2026
- Vanguard Portfolio ManagementPassive investor7.8%Since 31 March 2026
- BlackRock, Inc.Passive investor7.1%Since 31 March 2026
- Topline Capital Management, LLCPassive investorat least 5.4%(filed with 2 related holders)Since 31 December 2025
- Wellington Management Company LLPPassive investor5.2%Since 31 March 2025
- RANKIN AARON EDWARD FREDERICKPassive investorat least 4.8%(filed with 1 related holder)Since 31 December 2024
- Howard Justyn RussellInsider or founderSold down below 5%Since 12 December 2024
What they said
This Amendment No. 8 to Schedule 13D (this "Amendment No. 8") amends and supplements the Schedule 13D originally filed with the United States Securities and Exchange Commission (the "SEC") on December 27, 2020 (the "Schedule 13D"), relating to the shares of Class A common stock,…
Read the filing - Clearbridge Investments, LLCPassive investorSold down below 5%Since 31 March 2025
- Morgan StanleyPassive investorSold down below 5%Since 30 September 2025
- ArrowMark Colorado Holdings, LLCPassive investorSold down below 5%Since 31 March 2026
- BAILLIE GIFFORD & COPassive investorSold down below 5%Since 30 June 2025
- Wellington Management Group LLPPassive investorSold down below 5%Since 30 June 2025
- The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
- Cadian Capital Management, LPPassive investorSold down below 5%Since 31 December 2025
| Holder | Stake | Since | |
|---|---|---|---|
BlackRock Portfolio Management LLC Passive investor | 8.4% | 30 June 2026 | |
Vanguard Portfolio Management Passive investor | 7.8% | 31 March 2026 | |
BlackRock, Inc. Passive investor | 7.1% | 31 March 2026 | |
Topline Capital Management, LLC Passive investor | at least 5.4% (filed with 2 related holders) | 31 December 2025 | |
Wellington Management Company LLP Passive investor | 5.2% | 31 March 2025 | |
RANKIN AARON EDWARD FREDERICK Passive investor | at least 4.8% (filed with 1 related holder) | 31 December 2024 | |
Howard Justyn Russell Insider or founder | Sold down below 5% | 12 December 2024 | What they saidThis Amendment No. 8 to Schedule 13D (this "Amendment No. 8") amends and supplements the Schedule 13D originally filed with the United States Securities and Exchange Commission (the "SEC") on December 27, 2020 (the "Schedule 13D"), relating to the shares of Class A common stock,… Read the filing |
Clearbridge Investments, LLC Passive investor | Sold down below 5% | 31 March 2025 | |
Morgan Stanley Passive investor | Sold down below 5% | 30 September 2025 | |
ArrowMark Colorado Holdings, LLC Passive investor | Sold down below 5% | 31 March 2026 | |
BAILLIE GIFFORD & CO Passive investor | Sold down below 5% | 30 June 2025 | |
Wellington Management Group LLP Passive investor | Sold down below 5% | 30 June 2025 | |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 | |
Cadian Capital Management, LP Passive investor | Sold down below 5% | 31 December 2025 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 2 insiders bought $2m of shares on the open market. 3 sold $5m, $4m of it under preset trading plans.
- Howard Justyn RussellExecutive Chair, DirectorSoldunder a preset trading plan
- Date
- 11 September 2026
- Shares
- 40,000
- Price
- $10.77
- Value
- $430,760
- Rankin Aaron Edward FrederickChief Technology Officer, DirectorSold
- Date
- 2 September 2026
- Shares
- 717
- Price
- $11.45
- Value
- $8,210
- Howard Justyn RussellExecutive Chair, DirectorSoldunder a preset trading plan
- Date
- 2 September 2026
- Shares
- 10,895
- Price
- $11.45
- Value
- $124,759
- Howard Justyn RussellExecutive Chair, DirectorSoldunder a preset trading plan
- Date
- 11 August 2026
- Shares
- 40,000
- Price
- $10.12
- Value
- $404,600
- Howard Justyn RussellExecutive Chair, DirectorSoldunder a preset trading plan
- Date
- 10 July 2026
- Shares
- 40,000
- Price
- $8.28
- Value
- $331,360
- Howard Justyn RussellExecutive Chair, DirectorSoldunder a preset trading plan
- Date
- 11 June 2026
- Shares
- 40,000
- Price
- $6.99
- Value
- $279,600
- Howard Justyn RussellExecutive Chair, DirectorSoldunder a preset trading plan
- Date
- 2 June 2026
- Shares
- 11,641
- Price
- $7.75
- Value
- $90,218
- Howard Justyn RussellExecutive Chair, DirectorSoldunder a preset trading plan
- Date
- 11 May 2026
- Shares
- 40,000
- Price
- $6.58
- Value
- $263,233
- Howard Justyn RussellExecutive Chair, DirectorSoldunder a preset trading plan
- Date
- 10 April 2026
- Shares
- 40,000
- Price
- $5.03
- Value
- $201,200
- Howard Justyn RussellExecutive Chair, DirectorSoldunder a preset trading plan
- Date
- 11 March 2026
- Shares
- 40,000
- Price
- $5.96
- Value
- $238,400
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 11 September 2026 | Howard Justyn Russell Executive Chair, Director | Sold under a preset trading plan | 40,000 | $10.77 | $430,760 |
| 2 September 2026 | Rankin Aaron Edward Frederick Chief Technology Officer, Director | Sold | 717 | $11.45 | $8,210 |
| 2 September 2026 | Howard Justyn Russell Executive Chair, Director | Sold under a preset trading plan | 10,895 | $11.45 | $124,759 |
| 11 August 2026 | Howard Justyn Russell Executive Chair, Director | Sold under a preset trading plan | 40,000 | $10.12 | $404,600 |
| 10 July 2026 | Howard Justyn Russell Executive Chair, Director | Sold under a preset trading plan | 40,000 | $8.28 | $331,360 |
| 11 June 2026 | Howard Justyn Russell Executive Chair, Director | Sold under a preset trading plan | 40,000 | $6.99 | $279,600 |
| 2 June 2026 | Howard Justyn Russell Executive Chair, Director | Sold under a preset trading plan | 11,641 | $7.75 | $90,218 |
| 11 May 2026 | Howard Justyn Russell Executive Chair, Director | Sold under a preset trading plan | 40,000 | $6.58 | $263,233 |
| 10 April 2026 | Howard Justyn Russell Executive Chair, Director | Sold under a preset trading plan | 40,000 | $5.03 | $201,200 |
| 11 March 2026 | Howard Justyn Russell Executive Chair, Director | Sold under a preset trading plan | 40,000 | $5.96 | $238,400 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.