---
schema_version: "secwatch.filing_event.v1"
accession: "0001517375-23-000012"
form_type: "8-K"
ticker: "SPT"
cik: "0001517375"
company_name: "Sprout Social, Inc."
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T06:51:51.036539+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sprout Social Q4 revenue $69.7M (+31% YoY); record net new ARR; expects accelerating ARR growth in 2023

## Summary
- Revenue $69.7M, up 31% YoY; ARR $296.6M, up 32% YoY.
- GAAP net loss ($11.9M) vs ($9.9M) prior year; Non-GAAP net income $1.8M vs loss ($2.7M).
- Non-GAAP EPS $0.03 vs ($0.05) prior year; free cash flow $2.6M.
- Record net new ARR in Q4; management expects accelerating ARR growth in 2023.
- Cash and marketable securities $185.8M as of Dec 31, 2022.

## SEC filing metadata
- accession: 0001517375-23-000012
- form_type: 8-K
- ticker: SPT
- cik: 0001517375
- company_name: Sprout Social, Inc.
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1517375/000151737523000012/0001517375-23-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1517375/000151737523000012/spt-20230221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001517375-23-000012
- JSON: https://secwatch.observer/filing/0001517375-23-000012.json
- Plain text: https://secwatch.observer/filing/0001517375-23-000012.txt

## Key facts
- Earnings Releases
  Sprout Social, Inc. reported fourth quarter ended December 31, 2022 results: revenue $69.7 million, net income ($11.9) million, EPS ($0.22).
  - Period: fourth quarter ended December 31, 2022
  - Revenue: $69.7 million
  - Net income: ($11.9) million
  - EPS: ($0.22)
  - Result: reported results
  source text: are performing well, our partnerships are strengthening and social has never been more critical to our customers.” Fourth Quarter 2022 Financial Highlights Revenue ● Revenue was $69.7 million, up 31% compared to the fourth quarter of 2021. ● Subscription revenue was $69.2 million, up 31% year-over-year. ● Services revenue was $0.5 million. Partnership demand was
  evidence_url: https://www.sec.gov/Archives/edgar/data/1517375/000151737523000012/0001517375-23-000012-index.htm
- Earnings Releases
  Sprout Social, Inc. reported financial results for fiscal year ended December 31, 2022.
  - Period: fiscal year ended December 31, 2022
  - Result: reported results
  source text: Sprout Social, Inc. (the “Company”) issued a press release announcing its results for the quarter ended December 31, 2022, and providing its business outlook.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1517375/000151737523000012/0001517375-23-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.