NASDAQ$SPT
Sprout Social Inc. · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Sprout Social's Q4 2022 financial results were announced, revealing record net new ARR and expectations for accelerating ARR growth in 2023.
Sprout Social reported a strong fourth quarter, achieving record net new ARR. The company's revenue reached $69.7 million, a 31% increase year-over-year. Sprout Social is anticipating accelerated ARR growth in 2023.
- Revenue was $69.7 million, up 31% compared to the fourth quarter of 2021.
- GAAP operating loss was ($13.1) million, compared to ($9.7) million in the fourth quarter of 2021.
- Non-GAAP operating income was $0.6 million, compared to a Non-GAAP operating loss of ($2.6) million in the fourth quarter of 2021.
- Free cash flow was $2.6 million, compared to $2.2 million in the fourth quarter of 2021.
Headline financials
Revenue & EPS history
Sprout Social · Revenue · Quarterly
$69.7M
Revenue by segment
Sprout Social · $69.7M total across 2 segments · Q4 2022
- Subscription$69.2M+31.4%99.3%
- Professional services and other$495K-23.1%0.7%
Forward guidance
For the first quarter of 2023, the Company currently expects: Total revenue between $75.0 and $75.1 million, or growth of 31% year-over-year. Non-GAAP operating loss between ($0.7) million and ($0.5) million. Non-GAAP net loss per share of ($0.01) based on approximately 55.4 million weighted-average shares of common stock outstanding.
Tailwinds
- Total revenue between $75.0 and $75.1 million, or growth of 31% year-over-year.
- Services revenue will be lower than the first quarter of 2022.
- Non-GAAP operating loss between ($0.7) million and ($0.5) million.
- Non-GAAP net loss per share of ($0.01) based on approximately 55.4 million weighted-average shares of common stock outstanding.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
-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 | +9.0% | -7.2% | +6.5% | |
| 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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