NASDAQ$SPT
Sprout Social Inc. · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Sprout Social had a strong Q4, exceeding guidance with significant year-over-year growth in revenue and ARR, driven by investments in market leadership and R&D.
Sprout Social reported Q4 2021 financial results, with total revenue of $53.3 million, a 43% increase year-over-year. The company's ARR reached $224.2 million, up 42% compared to the previous year. While GAAP operating and net losses were reported, the company saw positive net cash generated by operating activities and free cash flow.
- Total revenue reached $53.3 million, a 43% increase year-over-year.
- ARR grew to $224.2 million, up 42% compared to the fourth quarter of 2020.
- GAAP operating loss was ($9.7) million, while non-GAAP operating loss was ($2.6) million.
- The number of customers grew to 31,762, up 19% year-over-year.
Headline financials
Revenue & EPS history
Sprout Social · Revenue · Quarterly
$53.3M
Revenue by segment
Sprout Social · $53.3M total across 2 segments · Q4 2021
- Subscription$52.6M+42.5%98.8%
- Professional services and other$644K+49.4%1.2%
Forward guidance
For Q1 2022, Sprout Social expects total revenue between $56.1 and $56.2 million, representing 38% year-over-year growth, and a non-GAAP operating loss between ($2.2) million and ($1.8) million. For the full year 2022, the company anticipates total revenue between $249 and $250 million, a 33% increase year-over-year, and a non-GAAP operating loss between ($7.4) and ($6.0) million.
Tailwinds
- Total revenue growth of 38% year-over-year is expected for Q1 2022.
- Full year 2022 revenue is projected to grow by 33% year-over-year.
- Operating margin improvement is expected for the full year 2022.
- Continued investment in R&D and go-to-market efforts is planned.
- Attractive unit economics are expected to contribute to financial performance.
Headwinds
- Non-GAAP operating loss is expected for Q1 2022, between ($2.2) million and ($1.8) million.
- Non-GAAP operating loss is also anticipated for the full year 2022, between ($7.4) and ($6.0) million.
- The financial outlook is subject to change based on various assumptions.
- The ongoing COVID-19 pandemic may impact financial performance and customer demand.
- Unavailability of reliable estimates for certain items makes reconciliation to GAAP measures difficult.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2021
-0.9%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+4.8%
Avg return
30 days after
52%
13 / 25 earnings
Positive
+26.8%
Q1 2020
Best reaction
-42.3%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +8.8% | -7.4% | — | |
| Q4 2025 | -9.6% | -5.1% | -22.2% | |
| Q3 2025 | -3.6% | +0.9% | +4.5% | |
| Q1 2025 | +9.5% | +11.0% | -0.4% | |
| Q4 2024 | +3.1% | -1.1% | -17.4% | |
| Q3 2024 | -8.9% | -1.8% | +10.6% | |
| Q2 2024 | -15.7% | -21.9% | -20.4% | |
| Q1 2024 | -42.3% | -45.7% | -34.6% | |
| Q4 2023 | -5.2% | -1.3% | -7.7% | |
| Q3 2023 | +9.7% | +16.4% | +40.2% | |
| Q2 2023 | -11.2% | -11.4% | +0.2% | |
| Q1 2023 | -15.3% | -21.3% | -14.0% | |
| Q4 2022 | +4.0% | +2.1% | +6.4% | |
| Q3 2022 | +1.9% | +12.9% | +31.9% | |
| Q2 2022 | +13.4% | +18.2% | +10.8% | |
| Q1 2022 | -9.3% | -19.2% | -7.8% | |
| Q4 2021 | +1.5% | +22.1% | +54.3% | |
| Q3 2021 | -2.7% | -3.0% | -20.6% | |
| Q2 2021 | +13.5% | +18.0% | +39.1% | |
| Q1 2021 | -5.6% | -2.8% | +3.0% | |
| Q4 2020 | +9.0% | -3.2% | -21.8% | |
| Q3 2020 | -4.2% | +5.3% | +1.3% | |
| Q2 2020 | +1.3% | -5.0% | +14.8% | |
| Q1 2020 | +26.8% | +36.6% | +88.3% | |
| Q4 2019 | +7.5% | +8.6% | -24.5% | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — | |
| Q4 2018 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — |
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