Sprout Social(US:SPT)2025-05-08 20:25Q1 FY2025 Performance Highlights - The company has approximately 30,000 customers across over 100 countries[7] - ACV growth was 16% year-over-year[7] - Revenue growth reached 13% year-over-year[7] - Subscription revenue accounted for 99% of total revenue[7] - The Non-GAAP FCF Margin was 18%[10] Q1 FY2025 Financial Overview (vs Q1 FY2024) - Total revenue was $109.3 million, compared to $96.8 million[10] - Customers contributing >=$10k in ARR increased from 8,823 to 9,381[10] - Customers contributing >=$50k in ARR increased from 1,449 to 1,766[10] - Average Contract Value (ACV) grew from $12,892 to $14,961[10] - Remaining Performance Obligation (RPO) increased from $290.0 million to $360.2 million[10] - Current Remaining Performance Obligation (cRPO) increased from $210.6 million to $255.8 million[10] - Non-GAAP Operating Margin increased from 6% to 11%[10] Q2 and FY2025 Guidance - Q2 FY2025 total revenue is projected to be between $110.4 million and $111.2 million[35] - FY2025 total revenue is projected to be between $448.9 million and $453.9 million[35] - FY2025 Non-GAAP Operating Income is expected to be between $40.7 million and $45.7 million[35] Long Term Operating Model - The company aims to achieve >$1 billion in revenue in the medium to longer term[48] - The company aims to achieve >80% Non-GAAP Gross Margin in the medium to longer term[48] - The company aims to achieve >20% Non-GAAP Operating Margin in the medium to longer term[48] - The company aims to achieve 20-22% Non-GAAP FCF Margin in the medium to longer term[48]