OverviewSuggest Edit

Sprint is a company providing wireless and wireline communications products and services for consumers, businesses, government subscribers, and resellers. It operates 2 segments: Wireless and Wireline. The Wireless segment offers Internet access, messaging and email services, wireless photo and video solutions, location-based capabilities, and mobile entertainment applications as well as sells and leases phones, tablets, hotspots, wearables, and other devices. The Wireline segment provides domestic and international data communications products and services using various protocols such as multiprotocol label switching technologies (MPLS), IP, managed network services, Voice over Internet Protocol (VoIP), and Session Initiated Protocol (SIP).
TypePublic
Founded1899
HQOverland Park, KS, US
Websitesprint.com
Employee Ratings3.5
Overall CultureD-

Latest Updates

Employees (est.) (Mar 2019)28,500(-5%)
Job Openings18
Revenue (FY, 2019)$33.6 B(+4%)
Share Price (Sept 2021)$67.5(+9%)
Cybersecurity ratingDMore

Key People/Management at Sprint

Marcelo Claure

Marcelo Claure

Executive Chairman
Michel Combes

Michel Combes

President and Chief Executive Officer
Néstor Cano

Néstor Cano

Chief Operating Officer
Andrew Davies

Andrew Davies

Chief Financial Officer
John Saw

John Saw

Chief Technology Officer
Brandon Draper

Brandon Draper

Chief Commercial Officer
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Sprint Office Locations

Sprint has an office in Overland Park
Overland Park, KS, US (HQ)
6200 Sprint Pkwy
Show all (1)

Sprint Financials and Metrics

Sprint Revenue

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Sprint's revenue was reported to be $33.6 b in FY, 2019 which is a 3.7% increase from the previous period.
USD

Revenue (Q3, 2020)

10.7b

Gross profit (Q3, 2020)

7.2b

Gross profit margin (Q3, 2020), %

66.8%

Net income (Q3, 2020)

(121.0m)

EBIT (Q3, 2020)

66.0m

Market capitalization (15-Sept-2021)

17.9b

Closing stock price (15-Sept-2021)

67.5

Cash (31-Dec-2019)

3.2b

EV

57.5b
Sprint's current market capitalization is $17.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

33.3b32.4b33.6b

Revenue growth, %

(3%)4%

Cost of goods sold

14.9b13.4b13.4b

Gross profit

18.4b19.0b20.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

8.2b7.9b8.2b8.1b11.1b11.5b10.7b10.3b10.7b

Cost of goods sold

3.3b3.1b3.4b3.1b3.4b3.6b3.3b3.4b3.6b

Gross profit

4.9b4.8b4.8b5.1b7.7b7.9b7.4b6.9b7.2b

Gross profit Margin, %

60%61%59%62%70%69%69%67%67%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

2.9b6.6b7.0b

Accounts Receivable

4.1b3.7b3.6b

Prepaid Expenses

601.0m575.0m1.3b

Current Assets

14.1b14.3b12.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

2.5b4.8b4.4b4.4b5.7b6.2b4.9b4.3b3.2b

Accounts Receivable

4.1b4.1b3.9b3.5b3.6b3.5b3.6b3.7b3.9b

Prepaid Expenses

601.0m654.0m626.0m895.0m1.1b1.2b1.4b1.2b1.2b

Current Assets

12.5b11.9b10.2b13.4b14.4b12.4b10.6b10.2b9.5b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

(1.2b)7.4b(1.9b)

Depreciation and Amortization

8.2b8.6b9.4b

Inventories

(2.3b)705.0m279.0m

Accounts Payable

(365.0m)57.0m(142.0m)
Quarterly
USDFY, 2017

Revenue/Employee

682.4k

Debt/Equity

2.2 x

Debt/Assets

0.5 x

Financial Leverage

4.5 x
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Sprint Operating Metrics

FY, 2017FY, 2018FY, 2019

ARPU (Postpaid)

$49.77$45.7$43.6

Average Postpaid Subscribers

31.27 m31.72 m32.32 m

Average Prepaid Subscribers

13.2 m8.79 m8.92 m

Average Retail Subscribers

44.48 m40.51 m41.24 m
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Sprint Acquisitions / Subsidiaries

Company NameDateDeal Size
HandmarkMay 20, 2013
OneLouderMay 20, 2013
ClearwireDecember 17, 2012$2.2 b
iPCSOctober 19, 2009
Virgin Mobile USAJuly 28, 2009
Nextel CommunicationsAugust 15, 2005
Alda Wireless Holdings, LLC
American Telecasting Development, LLC
American Telecasting of Anchorage, LLC
American Telecasting of Columbus, LLC
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Sprint Revenue Breakdown

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Sprint revenue breakdown by business segment: 15.3% from Equipment Rentals, 16.7% from Equipment Sales and 68.0% from Service

Sprint Cybersecurity Score

Cybersecurity ratingPremium dataset

D

69/100

SecurityScorecard logo

Sprint Online and Social Media Presence

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Sprint Company Culture

  • Overall Culture

    D-

    53/100

  • CEO Rating

    A-

    80/100

  • Compensation

    C-

    65/100

Learn more on Comparably

Sprint Blogs

Sprint Assisting Customers Impacted by Hurricane Michael

OVERLAND PARK, Kan., Oct. 10, 2018 /PRNewswire/ -- Sprint (NYSE: S) announced support today for customers impacted by Hurricane Michael and resulting flooding in Alabama, Florida, Georgia and Mississippi. Sprint customers impacted by Hurricane Michael with usage between Oct. 10, 2018 and Oct. 14, 20…

Video: Sprint and Nokia demonstrate 5G NR connection over Massive MIMO

Sprint and Nokia recently reached a big milestone in 5G New Radio (NR) development. Together the companies were the first to show a live demonstration in the U.S. of a 5G NR connection over a dual mode-capable Massive MIMO radio, bringing this revolutionary technology one step closer to reality.

Sprint Celebrates the Best of Soccer with Local Kansas Team, Soccer Nation

In commemoration of Hispanic Heritage Month, Sprint (NYSE: S) is proud to share the inspiring story of Soccer Nation, a Kansas City 13U soccer team that battled against all odds to win the Kansas State Cup and US Youth Soccer Midwest Regional Championships.

Associated Carrier Group, Sprint and Competitive Carriers Association Support Regional Carriers with Improved Access to Devices

Associated Carrier Group (ACG), Sprint and Competitive Carriers Association (CCA) are collaborating to offer Device Hub services to ACG members, providing regional and smaller carriers with a one-stop solution for timely access to devices.

AT&T, Sprint, T-Mobile and Verizon Unveil First-Look at Future of Mobile Authentication

The Mobile Authentication Taskforce, comprised of AT&T, Sprint, T-Mobile and Verizon, gives a first look at its authentication solution that is less dependent on passwords to secure user accounts. The demo of the taskforce's solution debuts today at Mobile World Congress Americas 2018.
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Sprint Frequently Asked Questions

  • When was Sprint founded?

    Sprint was founded in 1899.

  • Who are Sprint key executives?

    Sprint's key executives are Marcelo Claure, Michel Combes and Néstor Cano.

  • How many employees does Sprint have?

    Sprint has 28,500 employees.

  • What is Sprint revenue?

    Latest Sprint annual revenue is $33.6 b.

  • What is Sprint revenue per employee?

    Latest Sprint revenue per employee is $1.2 m.

  • Who are Sprint competitors?

    Competitors of Sprint include Brightstar, United States Cellular and T-Mobile USA.

  • Where is Sprint headquarters?

    Sprint headquarters is located at 6200 Sprint Pkwy, Overland Park.

  • Where are Sprint offices?

    Sprint has an office in Overland Park.

  • How many offices does Sprint have?

    Sprint has 1 office.