Sprout Social Announces Second Quarter 2025 Financial Results

Core Insights - Sprout Social reported strong financial results for Q2 2025, with a revenue growth of 12% year-over-year, reaching $111.8 million [6][2] - The company aims to enhance its enterprise presence through increased customer adoption and strategic partnerships, bolstered by the acquisition of NewsWhip [2] Financial Highlights - Revenue for Q2 2025 was $111.8 million, a 12% increase from Q2 2024 [6] - Total remaining performance obligations (RPO) stood at $347.0 million, up 18% year-over-year [6] - Current remaining performance obligations (cRPO) were $251.6 million, also up 18% year-over-year [6] - GAAP operating loss was ($12.3) million, an improvement from ($16.5) million in Q2 2024 [6] - Non-GAAP operating income was $10.3 million, compared to $5.3 million in Q2 2024 [6] - GAAP net loss was ($12.0) million, improved from ($16.9) million in Q2 2024 [6] - Non-GAAP net income was $10.7 million, up from $4.9 million in Q2 2024 [6] - Cash and equivalents totaled $101.5 million as of June 30, 2025, slightly down from $101.9 million as of March 31, 2025 [6] Customer Metrics - The number of customers contributing over $10,000 in annual recurring revenue (ARR) grew to 9,517, a 6% increase year-over-year [7] - The number of customers contributing over $50,000 in ARR increased to 1,826, an 18% rise compared to the previous year [7] - Notable new and existing customers include Honda, Cigna, and the U.S. Department of Transportation [8] Business Outlook - For Q3 2025, the company expects total revenue between $114.4 million and $115.2 million [9] - For the full year 2025, total revenue is projected to be between $452.9 million and $455.9 million [9]