Sprout Social Inc
NASDAQ:SPT
Gross Margin
Sprout Social Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Sprout Social Inc
NASDAQ:SPT
|
1.2B USD |
77%
|
|
| US |
|
Ezenia! Inc
OTC:EZEN
|
567B USD |
62%
|
|
| DE |
|
SAP SE
XETRA:SAP
|
290.2B EUR |
74%
|
|
| US |
|
Palantir Technologies Inc
NYSE:PLTR
|
261.2B USD |
80%
|
|
| US |
|
Salesforce Inc
NYSE:CRM
|
254.2B USD |
77%
|
|
| US |
|
Intuit Inc
NASDAQ:INTU
|
172.9B USD |
79%
|
|
| US |
|
Adobe Inc
NASDAQ:ADBE
|
162.3B USD |
89%
|
|
| US |
N
|
NCR Corp
LSE:0K45
|
111.8B USD |
20%
|
|
| US |
|
Applovin Corp
NASDAQ:APP
|
96.9B USD |
75%
|
|
| US |
|
Microstrategy Inc
NASDAQ:MSTR
|
90.8B USD |
72%
|
|
| US |
|
Cadence Design Systems Inc
NASDAQ:CDNS
|
78.3B USD |
86%
|
Sprout Social Inc
Glance View
Sprout Social Inc., founded in 2010, has carved a niche for itself in the burgeoning world of social media management. As businesses shifted their focus to digital platforms, Sprout Social emerged as a key player, offering tools that streamline and enhance social media presence for companies globally. Its platform provides a suite of services aimed at optimizing engagement, from scheduling posts across various social networks to analyzing performance metrics. In a world where brand reputation can pivot on a single tweet, Sprout Social's tools help businesses effectively manage interactions, ensuring they hit the right notes in their digital communications. Revenue generation at Sprout Social is heavily anchored in its subscription-based business model. Firms ranging from small businesses to large enterprises subscribe to its platform, opting for various tiers that unlock an array of features tailored to different needs—monitoring social media conversations, generating insightful analytics reports, or facilitating collaborative planning among marketing teams. By consistently adding innovative features and ensuring seamless user experiences, Sprout Social persuades its clients to retain and, often, expand their service levels. This consistent revenue stream is bolstered by the rising importance of social media and the ever-increasing demand for sophisticated digital engagement tools.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Sprout Social Inc's most recent financial statements, the company has Gross Margin of 77.5%.
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