Sprout Social, Inc.

Sprout Social, Inc. announced its recognition as a Visionary in the inaugural Gartner Magic Quadrant for Social Media Management and Listening. The company believes this position reflects its strong vision and leadership in shaping the future of the category. Sprout Social's AI-powered Social Intelligence platform, driven by its proprietary AI agent Trellis, aims to convert real-time social signals into actionable intelligence for businesses.

Sprout Social, Inc. announced it will release its second quarter financial results for the period ending June 30, 2026, after market close on Thursday, August 6, 2026. Following the release, the company will host a conference call and webcast at 3:30 p.m. Central Time (4:30 p.m. Eastern Time) to discuss the results and business highlights. Investors can register for the webcast online and access it, along with the investor presentation, from the company's investor relations website.

Sprout Social, Inc. announced the launch of its Snapchat publishing integration, allowing brands to seamlessly plan, schedule, and automatically publish Stories and Spotlights directly from Sprout's AI-powered Social Intelligence Platform. This new capability aims to strengthen omnichannel execution and expand reach into Snapchat's highly engaged, younger audience. The integration is designed to streamline cross-channel publishing, scale content efficiency, and optimize creator partnerships, removing workflow complexity for marketers.

Sprout Social's Q2 2026 Pulse Survey reveals that social media is the primary channel where consumers first learn about brand controversies and expect responses. Nearly two-thirds (64%) of consumers find it important for brands to respond publicly on social media, and 84% state that response speed directly impacts their view of a crisis. The survey also indicates that 51% of consumers would consider buying from a brand within a few months if issues are handled effectively. Additional findings highlight consumer search behaviors on social media and preferences for marketing tone.

Sprout Social, Inc. announced a Chief Technology Officer transition. Aaron Rankin, a company founder and current board member, will assume the CTO role effective August 3, 2026. Current CTO Alan Boyce resigned, effective the same date, after nearly 16 years of service, with no disagreement cited. Rankin's return is driven by his vision for AI transforming business software and social intelligence, aiming to redefine the market.

Sprout Social announced the launch of its new AI-powered social intelligence platform, designed to help organizations leverage real-time market conversations at scale. Central to this is the expansion of Trellis, Sprout's proprietary agentic AI engine, which will be integrated across the Sprout ecosystem and available to all customers in July. The platform also introduces Trellis Studio, enabling organizations to build custom AI workflows to streamline operations and tailor social intelligence to their specific KPIs. This innovation aims to bridge the gap between social data and strategic business action, addressing a growing reliance on real-time insights for decision-making.

Sprout Social, Inc. reported an 11.2% increase in total revenue to $121.5 million for the first quarter of 2026, while significantly narrowing its net loss by 43.5% to $6.3 million. Net cash provided by operating activities also saw a substantial rise of 39.3% to $25.2 million. The company reduced its revolving credit facility balance to $32.5 million, but continues to face multiple securities fraud and derivative lawsuits, which it intends to vigorously defend.

Sprout Social reported strong first-quarter 2026 financial results, with revenue increasing 11% year-over-year to $121.5 million and non-GAAP net income per share rising to $0.23. The company also announced a new share repurchase program, authorizing the acquisition of up to $50 million of its Class A common stock. Sprout Social provided an optimistic outlook for Q2 and full-year 2026, projecting continued revenue growth and non-GAAP operating income.

Sprout Social, Inc. announced its first quarter 2026 financial results, highlighted by an 11% year-over-year revenue increase to $121.5 million and strong non-GAAP profitability. The company also initiated its first-ever share repurchase program, authorizing up to $50 million. Non-GAAP free cash flow significantly increased to $24.7 million, and customer cohorts with higher Annual Recurring Revenue (ARR) showed robust growth.

Sprout Social's new global study, "The Intelligence Gap," reveals that 86% of organizations have missed business opportunities due to delayed or siloed social insights, with only 10% able to act on real-time data within hours. The research, based on a survey of 700 professionals, highlights a disconnect between the perceived importance of social intelligence (93% view it as critical) and the ability to translate it into timely business action. Sprout Social positions its AI-powered platform as key to closing this gap, enabling faster, more impactful decision-making.