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Jan 31, 2022
Sprinklr Q4 2022 Earnings Report
Sprinklr's Q4 2022 earnings were announced, revealing a year of accelerated growth and the establishment of the Unified-CXM category.
Key Takeaways
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.
Revenue by Segment
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.
Positive Outlook
- 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.
Challenges Ahead
- Non-GAAP operating loss between $14 million and $16 million for Q1 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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