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Sprinklr
🇺🇸 NYSE:CXM
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•
Jan 31, 2024

Sprinklr Q4 2024 Earnings Report

Sprinklr's Q4 2024 financial results were announced, showcasing revenue growth and increased profitability.

Key Takeaways

Sprinklr reported a 17% year-over-year increase in total revenue for Q4 2024, reaching $194.2 million. Subscription revenue grew by 19% year-over-year to $177.0 million. The company achieved GAAP operating income of $18.5 million, a significant improvement from the previous year's operating loss. Net income per share was $0.08, compared to a net loss per share of $0.00 in the same quarter of the previous fiscal year.

Total revenue for Q4 reached $194.2 million, representing a 17% increase year-over-year.

Subscription revenue for Q4 totaled $177.0 million, up 19% year-over-year.

GAAP operating income for Q4 was $18.5 million, a significant improvement from the $1.8 million operating loss in the previous year.

Net income per share for Q4 was $0.08, compared to a net loss per share of $0.00 in the fourth quarter of fiscal year 2023.

Total Revenue
$194M
Previous year: $165M
+17.5%
EPS
$0.12
Previous year: $0.06
+100.0%
Customers with >$1M Revenue
126
Previous year: 108
+16.7%
GAAP Operating Margin
10%
Non-GAAP Operating Margin
17%
Gross Profit
$147M
Previous year: $126M
+16.4%
Cash and Equivalents
$164M
Previous year: $188M
-12.9%
Free Cash Flow
$12.3M
Previous year: $16.3M
-24.7%
Total Assets
$1.22B
Previous year: $1.02B
+19.3%

Sprinklr

Sprinklr

Sprinklr Revenue by Segment

Forward Guidance

Sprinklr provided guidance for the first fiscal quarter ending April 30, 2024, and the full fiscal year ending January 31, 2025.

Positive Outlook

  • Subscription revenue is expected to be between $177.5 million and $178.5 million for Q1 2025.
  • Total revenue is projected to be between $194 million and $195 million for Q1 2025.
  • Non-GAAP operating income is anticipated to be between $19.5 million and $20.5 million for Q1 2025.
  • Non-GAAP net income per share is expected to be approximately $0.07 for Q1 2025.
  • Subscription revenue is projected to be between $740.5 million and $741.5 million for FY 2025.

Challenges Ahead

  • Total revenue is projected to be between $804.5 million and $805.5 million for FY 2025.
  • Non-GAAP operating income is expected to be between $104 million and $105 million for FY 2025.
  • Non-GAAP net income per share is expected to be between $0.38 and $0.39 for FY 2025.
  • The guidance is subject to various risks and uncertainties.
  • Stock-based compensation expense could significantly impact future U.S. GAAP financial results.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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