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Sprout Social(SPT) - 2025 Q3 - Earnings Call Presentation
2025-11-05 22:00
Q3 FY2025 Financial Performance - Total revenue reached $115.6 million, a 13% increase compared to $102.6 million in Q3 FY2024[10] - Average Contract Value (ACV) grew to $16,064, a 15% increase from $13,959 in Q3 FY2024[9, 10] - The company achieved a Non-GAAP Operating Margin of 12%, up from 7% in Q3 FY2024[10] - Subscription revenue accounted for 99% of the total revenue[9] - Gross profit was 78%[9] Customer Growth and Adoption - The company has approximately 30,000 customers across 100+ countries[7] - The number of customers contributing >$10k in ARR increased to 9,756 from 9,119 in Q3 FY2024[10] - The number of customers contributing >$50k in ARR increased to 1,947 from 1,610 in Q3 FY2024[10] Future Outlook - Q4 FY2025 revenue is projected to be between $118.2 million and $119.0 million, leading to a full-year FY2025 revenue between $454.9 million and $455.7 million[53] - Non-GAAP Operating Income for FY2025 is expected to be between $46.1 million and $47.1 million[53] - Non-GAAP Net Income Per Share is projected to be $0.77-$0.79 for FY2025[53] Long Term Goals - The company aims to achieve >$1 billion in revenue in the medium to longer term[62] - The company aims to achieve >80% Non-GAAP Gross Margin in the medium to longer term[62] - The company aims to achieve >20% Non-GAAP Operating Margin in the medium to longer term[62] - The company aims to achieve 20-22% Non-GAAP FCF Margin in the medium to longer term[62]