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Oct 31, 2024

Sprinklr Q3 2025 Earnings Report

Sprinklr's Q3 2025 financial results were announced, revealing an 8% increase in total revenue year-over-year and a non-GAAP operating margin of 12%.

Key Takeaways

Sprinklr reported an 8% year-over-year increase in total revenue, reaching $200.7 million for the third quarter of fiscal year 2025. The company's non-GAAP operating margin was 12%, and it generated positive free cash flow. Subscription revenue also increased by 6% year-over-year, totaling $180.6 million.

Total revenue for Q3 2025 reached $200.7 million, representing an 8% increase year-over-year.

Subscription revenue for Q3 2025 amounted to $180.6 million, a 6% increase year-over-year.

GAAP operating income for Q3 2025 was $7.9 million, while non-GAAP operating income was $23.3 million.

The company had $476.6 million in cash, cash equivalents, and marketable securities as of October 31, 2024.

Total Revenue
$201M
Previous year: $186M
+7.7%
EPS
$0.1
Previous year: $0.11
-9.1%
$1M+ Customers
147
Previous year: 123
+19.5%
Gross Profit
$143M
Previous year: $140M
+2.1%
Cash and Equivalents
$93.2M
Previous year: $172M
-45.9%
Free Cash Flow
$4.9M
Previous year: $15.9M
-69.2%
Total Assets
$970M
Previous year: $1.09B
-10.8%

Sprinklr

Sprinklr

Sprinklr Revenue by Segment

Forward Guidance

Sprinklr is providing the following guidance for the fourth fiscal quarter ending January 31, 2025: Subscription revenue between $180 million and $181 million. Total revenue between $200 million and $201 million. Non-GAAP operating income between $17.5 million and $18.5 million. Non-GAAP net income per share of approximately $0.07 assuming 265 million diluted weighted-average shares outstanding. Sprinklr is providing the following guidance for the full fiscal year ending January 31, 2025: Subscription revenue between $715.9 million and $716.9 million. Total revenue between $793.9 million and $794.9 million. Non-GAAP operating income between $76.4 million and $77.4 million. Non-GAAP net income per share between $0.31 and $0.32, assuming 275 million diluted weighted-average shares outstanding.

Positive Outlook

  • Subscription revenue between $180 million and $181 million for Q4 2025
  • Total revenue between $200 million and $201 million for Q4 2025
  • Non-GAAP operating income between $17.5 million and $18.5 million for Q4 2025
  • Non-GAAP net income per share of approximately $0.07 for Q4 2025
  • Subscription revenue between $715.9 million and $716.9 million for FY 2025

Challenges Ahead

  • Total revenue between $793.9 million and $794.9 million for FY 2025
  • Non-GAAP operating income between $76.4 million and $77.4 million for FY 2025
  • Non-GAAP net income per share between $0.31 and $0.32 for FY 2025
  • Variability of charges may have a significant impact on future U.S. GAAP financial results
  • Unstable market and economic conditions

Revenue & Expenses

Visualization of income flow from segment revenue to net income