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Apr 30

Sprinklr Q1 2026 Earnings Report

Sprinklr reported solid progress with record free cash flow despite a small net loss in Q1 2026.

Key Takeaways

Sprinklr delivered modest revenue growth and improved operational efficiency, achieving record free cash flow and expanding non-GAAP margins, although it posted a small GAAP net loss.

Total Revenue
$206M
Previous year: $196M
+4.9%
EPS
$0.12
Previous year: $0.09
+33.3%
$1M+ Customers
146
Previous year: 138
+5.8%
GAAP Operating Margin
-1%
Non-GAAP Operating Margin
18%
Gross Profit
$143M
Previous year: $145M
-1.3%
Cash and Equivalents
$126M
Previous year: $127M
-0.3%
Free Cash Flow
$80.7M
Previous year: $36.2M
+123.0%
Total Assets
$1.19B
Previous year: $1.12B
+5.8%

Sprinklr

Sprinklr

Sprinklr Revenue by Segment

Forward Guidance

Sprinklr expects stable revenue and margins in Q2, maintaining cautious optimism for FY26.

Positive Outlook

  • Q2 total revenue guidance of $205M to $206M
  • Q2 subscription revenue guidance of $184M to $185M
  • Q2 non-GAAP operating income guidance of $33.5M to $34.5M
  • Q2 non-GAAP EPS guidance of $0.10
  • FY26 total revenue guidance of $825M to $827M

Challenges Ahead

  • FY26 described as a transitional year
  • GAAP profitability not expected in near term
  • Ongoing restructuring costs impacting GAAP results
  • Market volatility and macro uncertainties
  • Continued need for execution improvements noted by CEO

Revenue & Expenses

Visualization of income flow from segment revenue to net income