NYSE$CXM

Sprinklr Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Sprinklr's Q1 2025 financial results were announced, with Trac Pham appointed as Co-Chief Executive Officer.

Sprinklr reported Q1 2025 total revenue of $196.0 million, a 13% increase year-over-year, and subscription revenue of $177.4 million, up 12% year-over-year. The company generated $41.7 million in net cash from operating activities and $36.2 million in free cash flow. GAAP net income per share, diluted was $0.04 and Non-GAAP net income per share, diluted for the first quarter was $0.09.

  • Total revenue for Q1 2025 reached $196.0 million, reflecting a 13% year-over-year growth.
  • Subscription revenue for Q1 2025 amounted to $177.4 million, demonstrating a 12% year-over-year increase.
  • Net cash provided by operating activities in Q1 2025 was $41.7 million, with a free cash flow of $36.2 million.
  • Sprinklr appointed Trac Pham as Co-CEO to drive growth and scale.

Headline financials

Total Revenue

$196M

Previous: $173M+13.0%
EPS (adj)

$0.09

Previous: $0.06+50.0%
Capital Expenditures

-$2.55M

Previous: -$1.63M-56.6%
Free Cash Flow

$8.09M

Previous: $1.18M+583.8%
Net Income

$10.6M

Previous: $2.81M+278.7%
Operating Income

$5.71M

Previous: -$3.19M+278.8%
Gross Profit

$145M

Previous: $131M+10.2%
Cash & Equivalents

$127M

Previous: $186M-31.9%
Total Assets

$1.12B

Previous: $1.02B+9.8%
R&D Expense

$22.5M

No prior period
Stock-Based Comp

$13.9M

Previous: $13.3M+4.1%

Revenue & EPS history

Sprinklr · Revenue · Quarterly

$196M

Q1 2025+13%vs Q1 2024
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Sprinklr · $219M total across 2 segments · Q1 2027

  • Subscription
    $195M+5.8%
  • Professional services
    $24.7M+15.5%

Forward guidance

Sprinklr is providing the following guidance for the second fiscal quarter ending July 31, 2024: Subscription revenue between $177.5 million and $178.5 million; Total revenue between $194 million and $195 million; Non-GAAP operating income between $16.5 million and $17.5 million; Non-GAAP net income per share between $0.06 and $0.07, assuming 277 million diluted weighted-average shares outstanding. Sprinklr is providing the following guidance for the full fiscal year ending January 31, 2025: Subscription revenue between $714 million and $716 million; Total revenue between $779 million and $781 million; Non-GAAP operating income between $104 million and $105 million; Non-GAAP net income per share between $0.40 and $0.41, assuming 276 million diluted weighted-average shares outstanding.

Tailwinds

  • Subscription revenue between $177.5 million and $178.5 million for Q2 2025.
  • Total revenue between $194 million and $195 million for Q2 2025.
  • Non-GAAP operating income between $16.5 million and $17.5 million for Q2 2025.
  • Non-GAAP net income per share between $0.06 and $0.07 for Q2 2025.
  • Subscription revenue between $714 million and $716 million for FY 2025.

Headwinds

  • Total revenue between $779 million and $781 million for FY 2025.
  • Non-GAAP operating income between $104 million and $105 million for FY 2025.
  • Non-GAAP net income per share between $0.40 and $0.41 for FY 2025.
  • Challenging macro environment impacting operations.
  • Changes and initiatives being implemented will take several quarters to work through.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.5%

Avg return

Earnings day

+0.5%

Avg return

5 days after

-3.8%

Avg return

30 days after

60%

15 / 25 earnings

Positive

+20.2%

Q4 2023

Best reaction

-33.6%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027-3.2%-3.7%
Q4 2026+6.4%+2.1%-3.9%
Q3 2026+3.1%+2.7%-2.9%
Q2 2026-10.0%-8.0%-9.7%
Q1 2026+0.0%+6.7%+13.9%
Q4 2025+16.6%+6.9%-10.1%
Q3 2025+5.1%+9.3%+6.4%
Q2 2025-9.5%-13.2%-13.4%
Q1 2025-14.1%-16.3%-7.0%
Q4 2024-4.3%-5.0%-6.9%
Q3 2024-33.6%-33.5%-29.2%
Q2 2024+0.4%+0.7%-9.8%
Q1 2024+11.5%+4.8%+3.2%
Q4 2023+20.2%+20.8%+12.4%
Q3 2023-0.4%+2.9%-5.3%
Q2 2023+7.0%+8.7%-14.9%
Q1 2022+5.2%+4.5%+5.1%
Q1 2023+5.2%+4.5%+5.1%
Q4 2020+0.1%+0.1%-20.0%
Q4 2022+16.9%+17.0%+11.9%
Q3 2021+17.1%+11.8%+9.5%
Q3 2022+6.5%+3.8%+4.9%
Q2 2021-7.6%-8.1%-13.8%
Q4 2021-7.6%-8.1%-13.8%
Q2 2022+6.8%+0.2%-3.4%
Q1 2021

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