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, US
Websitesprint.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Mar 2019)28,500(-5%)
Job Openings140
Revenue (FY, 2019)$33.6 B(+4%)
Share Price (Apr 2020)$8.6
Cybersecurity ratingBMore

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
Show more

Sprint Office Locations

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

Sprint Financials and Metrics

Sprint Revenue

Embed Graph
View revenue for all periods
Sprint's revenue was reported to be $33.60 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 (3-Apr-2020)

35.4b

Closing stock price (3-Apr-2020)

8.6

Cash (31-Dec-2019)

3.2b

EV

75.1b
Sprint's current market capitalization is $35.4 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

EV/EBIT

41.2 x

EV/CFO

17.4 x

Revenue/Employee

682.4k

Debt/Equity

2.2 x

Debt/Assets

0.5 x

Financial Leverage

4.5 x

P/E Ratio

(28.9)
Show all financial metrics

Sprint Operating Metrics

FY, 2017FY, 2018FY, 2019

ARPU (Postpaid)

$49.77 $45.70 $43.60

Average Postpaid Subscribers

31.27 m31.72 m32.32 m

Average Prepaid Subscribers

13.20 m8.79 m8.92 m

Average Retail Subscribers

44.48 m40.51 m41.24 m
Show all operating metrics

Sprint Acquisitions / Subsidiaries

Company NameDateDeal Size
HandmarkMay 20, 2013
OneLouderMay 20, 2013
ClearwireDecember 17, 2012$2.20 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
Show more

Sprint Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Sprint Revenue Breakdown

Embed Graph

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

Sprint Online and Social Media Presence

Embed Graph

Sprint Blogs

Sprint and SoftBank Family Team to Create Curiosity IoT

Sprint has unveiled the Curiosity™ IoT platform, a new standard in how IoT is managed and secured. Enterprises will now be able to manage IoT devices and connectivity over the air across multiple SIM profiles. 

Sprint and The SoftBank Group Put 5G Technology, IoT, Robotics and Entertainment on Display at 2018 Mobile World Congress Americas

Sprint and the SoftBank Group will showcase superior 5G technology and ways to bring the Internet of Things (IoT) and robotics to life, and demonstrate how these innovations can take consumer entertainment to new levels.

Sprint and Ericsson Reveal Ground Breaking IoT-Dedicated Core and Operating System

Sprint (NYSE: S) and Ericsson have announced a global relationship to build a distributed and virtualized core network dedicated specifically to IoT (Internet of Things), in addition to a world-class IoT operating system. 

Sprint Corporation Schedules Fiscal 2018 First Quarter Results Announcement

Sprint Corporation will release its fiscal 2018 first quarter financial results on Wednesday, August 1, 2018. The results will be posted at www.sprint.com/investors at approximately 7:30 a.m. ET. Sprint management will host a conference call at 8:30 a.m. ET to discuss the results.
Show more

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.