Sprout Social, Inc. SPT Gain on lease modification
Gain on lease modification at other companies
Other financials
Where this comes from
Reported directly by Sprout Social, Inc. in its filing.
Tagged under the XBRL concept spt:GainOnLeaseModification.
The official record: Sprout Social, Inc.’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Sprout Social, Inc.'s gain on lease modification?
- Sprout Social, Inc. (SPT) reported gain on lease modification of $392.5K in Q4 2024.
- What does gain on lease modification mean?
- This represents the non-cash gain recognized when the terms of an existing lease agreement are modified, resulting in a reduction of the lease liability that exceeds the adjustment to the right-of-use asset. It reflects favorable changes in lease obligations, such as reduced square footage or negotiated rent concessions. Investors monitor this to identify non-recurring gains that may temporarily inflate operating performance.