Sprout Social, Inc — Earnings Quality Grade F
SPT · Technology
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 81 days, change +5 days YoY
AR outpaced revenue for 2 consecutive years
Revenue 12.7%, CFFO 65.0%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 39.2% is >2x revenue growth 12.7%
SG&A/Gross Profit = 83.7%, exceeds 70%
Gross margin 77.6%, change +0.1pp. Stable
Cash Flow Quality
CFFO < Net Income for 3 consecutive years
Small-cap context: Small-cap CFFO/NI often diverges from working-capital swings, not necessarily manipulation.
FCF $0.0B, FCF/NI = -0.91
Accruals ratio = -16.6%. Low accruals
Cash $0.1B covers debt $0.1B
Balance Sheet Health
Goodwill+Intangibles $0.2B = 102% of equity. Over 50%
Interest coverage = -17.4x (<2x). Financial stress
Other assets grew 135.8% vs revenue 12.7%
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles surged 44% YoY
Manipulation Score
M-Score = -3.04 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25