Sprout Social, Inc. (SPT) reported second-quarter 2026 revenue of $123.8 million, slightly ahead of Wall Street expectations and up 10.8% from a year earlier. Gross profit rose to $96.1 million, reflecting continued top-line growth and solid margin performance.
The company remained in the red for the quarter, posting an operating loss of $2.7 million and a net loss attributable to common shareholders of $3.1 million. Diluted earnings per share came in at $(0.05), compared with an estimate of $0.16.
Cash generation remained positive, with operating cash flow of $8.5 million. Sprout Social ended the quarter with $119.9 million in cash and cash equivalents, while total liabilities rose to $292.5 million.
- Revenue: $123.8 million
- Gross profit: $96.1 million
- Operating loss: $2.7 million
- Net loss: $3.1 million
- Cash and cash equivalents: $119.9 million
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Sprout Social, Inc. Insider Trading Activity
Sprout Social, Inc. insiders have traded $SPT stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $SPT stock by insiders over the last 6 months:
- JUSTYN RUSSELL HOWARD (Executive Chair) has made 0 purchases and 6 sales selling 195,496 shares for an estimated $1,317,134.
- PRETO JOSEPH DEL (CFO and Treasurer) has made 0 purchases and 2 sales selling 20,639 shares for an estimated $139,715.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Sprout Social, Inc. Hedge Fund Activity
We have seen 103 institutional investors add shares of Sprout Social, Inc. stock to their portfolio, and 96 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARROWMARK COLORADO HOLDINGS LLC removed 3,102,483 shares (-83.5%) from their portfolio in Q1 2026, for an estimated $17,684,153
- ANCIENT ART, L.P. added 2,537,074 shares (+inf%) to their portfolio in Q1 2026, for an estimated $14,461,321
- LB PARTNERS LLC removed 1,031,246 shares (-68.3%) from their portfolio in Q2 2026, for an estimated $7,785,907
- FIRST TRUST ADVISORS LP removed 1,028,538 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $5,862,666
- KNIGHTSBRIDGE ASSET MANAGEMENT, LLC added 1,024,300 shares (+inf%) to their portfolio in Q1 2026, for an estimated $5,838,510
- TWO SIGMA INVESTMENTS, LP added 944,521 shares (+116.0%) to their portfolio in Q1 2026, for an estimated $5,383,769
- INVENOMIC CAPITAL MANAGEMENT LP added 914,341 shares (+376.1%) to their portfolio in Q1 2026, for an estimated $5,211,743
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Sprout Social, Inc. Price Targets
Multiple analysts have issued price targets for $SPT recently. We have seen 5 analysts offer price targets for $SPT in the last 6 months, with a median target of $9.0.
Here are some recent targets:
- Raimo Lenschow from Barclays set a target price of $9.0 on 05/11/2026
- Chris Merwin from Goldman Sachs set a target price of $8.0 on 03/02/2026
- Scott Berg from Needham set a target price of $14.0 on 02/27/2026
- Jackson Ader from Keybanc set a target price of $6.0 on 02/27/2026
- David Hynes from Canaccord Genuity set a target price of $9.0 on 02/27/2026