NYSE$CXM
Sprinklr Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Sprinklr's Q4 2022 earnings were announced, revealing a year of accelerated growth and the establishment of the Unified-CXM category.
Sprinklr reported Q4 total revenue of $135.7 million, a 30% increase year-over-year, with subscription revenue up 31% to $117.7 million. The company's net dollar expansion rate (NDE) stood at 120%, and it increased its customer base with over $1 million in ARR to 82, a 26% increase year-over-year.
- Total revenue for Q4 reached $135.7 million, reflecting a 30% year-over-year increase.
- Subscription revenue in Q4 grew by 31% year-over-year, amounting to $117.7 million.
- The company's Net Dollar Expansion rate (NDE) was reported at 120%, showing improvement since its IPO.
- Sprinklr increased its customer base with over $1 million in ARR to 82, marking a 26% year-over-year increase.
Headline financials
Revenue & EPS history
Sprinklr · Revenue · Quarterly
$136M
Revenue by segment
Sprinklr · $136M total across 2 segments · Q4 2022
- Subscription$118M+30.7%86.8%
- Professional services$18M+28.1%13.2%
Forward guidance
Sprinklr is providing the following guidance for the first fiscal quarter ending April 30, 2022: •Subscription revenue between $123 million and $125 million. •Total revenue between $140 million and $142 million. •Non-GAAP operating loss between $14 million and $16 million. •Non-GAAP net loss per share between $0.06 and $0.07, assuming 260 million weighted average shares outstanding. Sprinklr is providing the following guidance for the full fiscal year ending January 31, 2023: •Subscription revenue between $536 million and $544 million. •Total revenue between $607 million and $615 million. •Non-GAAP operating loss between $44 million and $48 million. •Non-GAAP net loss per share between $0.20 and $0.22, assuming 260 million weighted average shares outstanding.
Tailwinds
- Subscription revenue between $123 million and $125 million for Q1 2023.
- Total revenue between $140 million and $142 million for Q1 2023.
- Subscription revenue between $536 million and $544 million for FY23.
- Total revenue between $607 million and $615 million for FY23.
- Sprinklr's platform is expected to deliver a unified experience to address customers’ demands.
Headwinds
- Non-GAAP operating loss between $14 million and $16 million for Q1 2023.
- Non-GAAP net loss per share between $0.06 and $0.07 for Q1 2023.
- Non-GAAP operating loss between $44 million and $48 million for FY23.
- Non-GAAP net loss per share between $0.20 and $0.22 for FY23.
- The company's rapid growth may not be indicative of future growth.
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 Q4 2022
+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
| Quarter | Report date | Reaction (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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