Sprout Social(US:SPT) Globenewswire·2025-11-05 21:05Core Insights - Sprout Social reported strong financial results for Q3 2025, with a 17% growth in current remaining performance obligations (cRPO) and improved profitability compared to the previous year [2][5]. Financial Performance - Revenue for Q3 2025 was $115.6 million, representing a 13% increase from Q3 2024 [5]. - GAAP operating loss decreased to $9.1 million from $16.9 million in Q3 2024, while non-GAAP operating income rose to $13.7 million from $7.5 million [5]. - GAAP net loss was $9.4 million, down from $17.1 million in the same quarter last year, with non-GAAP net income increasing to $13.4 million from $7.3 million [5]. - Cash and cash equivalents totaled $90.6 million as of September 30, 2025, down from $101.5 million as of June 30, 2025 [5]. Customer Metrics - The number of customers contributing over $10,000 in annual recurring revenue (ARR) grew by 7% to 9,756 as of September 30, 2025 [6]. - Customers contributing over $50,000 in ARR increased by 21% to 1,947 [6]. - Notable new and existing customers include Xerox, NYU, and Hallmark, indicating strong enterprise segment performance [7]. Business Outlook - For Q4 2025, the company expects total revenue between $118.2 million and $119.0 million, with non-GAAP operating income projected between $9.5 million and $10.5 million [13]. - For the full year 2025, total revenue is anticipated to be between $454.9 million and $455.7 million, with non-GAAP net income per share expected to be between $0.77 and $0.79 [13].