Credit and interest ratesnegative · 4 filings
“The decrease in interest income, net was driven by higher interest expense as a result of a higher balance on the Facility as compared to the same period in 2025.”10-Q · May 8, 2026 ↗
Sprout Social, Inc.
SPT
Market read
Sprout Social, Inc.'s move is spreading beyond its market group.
No new filing conclusion is available. 11 of 28 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 2 directly disclosed connections are confirming.
Company+1.2% todayVolume comparison unavailable
Market group11 of 28 activeSoftware Stocks · inactive
Disclosed network0 of 2 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- At least 19 of 28 durable members become active together.
- Capital-flow agreement rises above 55%.
- CXM remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 9 of 28 members or fewer.
Research brief
The story so far
No new filing conclusion is available. 11 of 28 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 2 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- At least 19 of 28 durable members become active together.
- Capital-flow agreement rises above 55%.
- CXM remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods8
Price observations336
Usable filing statements147
Verified relationships2
Evidence supporting the case
- Latest annual revenue changed +12.7% year over year.
- Operating margin changed +5.4 percentage points in the latest annual period.
- Net margin changed +5.8 percentage points in the latest annual period.
Evidence challenging the case
- Diluted shares increased 3.0% in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 4 filings.
- Restructuring and cost reductions has repeated adverse evidence across 4 filings.
Questions before a position
- EV/sales is 66% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Oct 5, 2026
10.216m+85.6%12m-28.8%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$187.9M+41.3%$-0.53+4.7%
2022-12-31$253.8M+35.1%$-0.92+1.6%
2023-12-31$333.6M+31.4%$-1.19+1.9%
2024-12-31$405.9M+21.7%$-1.09+2.3%
2025-12-31$457.5M+12.7%$-0.74+3.0%
What management says matters
Persistent and emerging business drivers
Foreign exchangemixed · 4 filings
“The change in other expense, net was primarily driven by foreign exchange transaction losses.”10-Q · May 8, 2026 ↗
Product pipeline and R&Dmixed · 4 filings
“Restructuring costs were driven by a restructuring plan, which resulted in a reduction of approximately 50 roles, initiated in November 2024 to improve the efficiency and effectiveness of the research and development organization.”10-K · Feb 27, 2026 ↗
Restructuring and cost reductionsnegative · 4 filings
“31 Sales and Marketing Three Months Ended March 31, Change 2026 2025 Amount % ( dollars in thousands ) Sales and marketing $ 48,546 $ 47,452 $ 1,094 2 % Percentage of total revenue 40 % 43 % The increase in sales and marketing expense for the three months end…”10-Q · May 8, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.3× · EV/sales 1.2×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
10.21+1.2% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 5 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for SPT. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for SPT. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind SPT
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
AMZNAmazon.com, Inc.lenderFeb 27, 2026 ▾
“We outsource the majority of our cloud infrastructure to Amazon Web Services, or AWS, which hosts our platform and products.”
CRMSalesforce, Inc.partnerFeb 27, 2026 ▾
“More specifically, the AC alleges that (1) Sprout Social’s “inbound” sales strategy model, which it also applied to enterprise sales efforts, was not effective for generating enterprise business; (2) Sprout Social’s platform lacked certain features valued by…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
SPT is currently a Participant in the organic co-movement group Software Stocks. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.