Sprout Social Announces Third Quarter 2026 Financial Results
Key Highlights
- ➤Q3 revenue $125.1 million, up 8% year-over-year
- ➤Non-GAAP operating income $26.3 million, up from $13.7 million
- ➤Non-GAAP free cash flow $26.7 million, up 158% year-over-year
- ➤Sprout Social initiated $50 million buyback, repurchasing over $26 million
- ➤2026 revenue outlook $494.7 million-$495.7 million; GAAP profitability targeted in Q4
Expert Statements
Ryan Barretto, CEO of Sprout Social
“We are pleased with our financial performance this quarter, highlighted by a record non-GAAP operating income of $26.3 million, equating to a 21% non-GAAP operating margin. We posted an 18% year-over-year increase in approximated trailing twelve month subscription revenue contribution from our $30k+ ARR customer cohort and our Non-GAAP free cash flow was $26.7 million, an increase of 158% year-over-year. We also initiated our $50 million stock buyback program with over $26 million of repurchases in Q3, which allows us to return value to shareholders and offset dilution”
Ryan Barretto, CEO of Sprout Social
“Importantly, we are targeting GAAP profitability looking ahead, a significant milestone that reflects our focus on cost discipline.”
CHICAGO, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (NASDAQ: SPT), a leading AI-powered Social Intelligence Platform, today announced financial results for its third quarter ended September 30, 2026.
“We are pleased with our financial performance this quarter, highlighted by a record non-GAAP operating income of $26.3 million, equating to a 21% non-GAAP operating margin. We posted an 18% year-over-year increase in approximated trailing twelve month subscription revenue contribution from our $30k+ ARR customer cohort and our Non-GAAP free cash flow was $26.7 million, an increase of 158% year-over-year. We also initiated our $50 million stock buyback program with over $26 million of repurchases in Q3, which allows us to return value to shareholders and offset dilution,” said Ryan Barretto, CEO of Sprout Social. “Importantly, we are targeting GAAP profitability looking ahead, a significant milestone that reflects our focus on cost discipline.”
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