secwatch.observer — SEC 8-K summary
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Issuer:     Sprout Social, Inc. (SPT)
CIK:        0001517375
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001517375-26-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sprout Social Q1 revenue $121.5M (+11% YoY), non-GAAP EPS $0.23, authorizes $50M buyback
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- Revenue $121.5M, +11% YoY; GAAP operating loss ($5.8M) improved from ($11.2M).
- Non-GAAP operating income $14.1M vs $12.5M; Non-GAAP EPS $0.23 vs $0.22.
- Non-GAAP free cash flow $24.7M, up from $19.5M; cash $111.6M.
- Board authorized $50M share repurchase program for Class A common stock.
- $30K+ ARR customer contribution grew 21% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517375/000151737526000034/0001517375-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517375/000151737526000034/spt-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001517375-26-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer