Sprinklr(CXM) - 2025 Q4 - Annual Results

Revenue Performance - Q4 total revenue was $202.5 million, representing a 4$194.2 million[7]. - Q4 subscription revenue reached $182.1 million, up 3$177.0 million[8]. - Fiscal year 2025 total revenue was $796.4 million, a 9$732.4 million in fiscal year 2024[8]. - Fiscal year 2025 subscription revenue was $717.9 million, up 7$668.5 million year-over-year[8]. - Total revenue for the three months ended January 31, 2025, was $202.539 million, a 4.3$194.207 million in the same period of 2024[20]. - Subscription revenue increased to $182.067 million for the three months ended January 31, 2025, compared to$176.960 million in the prior year, reflecting a growth of 2.5%[20]. - Sprinklr anticipates fiscal year 2026 total revenue between $821.5 million and$823.5 million[13]. - For Q1 fiscal 2026, the company expects total revenue between $201.5 million and$202.5 million[13]. Profitability Metrics - Q4 GAAP operating income was $10.5 million, down from$18.5 million in the same quarter last year, with a GAAP operating margin of 5%[8]. - Operating income for the three months ended January 31, 2025, was $10.459 million, down from$18.460 million in the same period of 2024, indicating a decrease of 43.4%[20]. - Net income for the year ended January 31, 2025, was $121.609 million, significantly up from$51.403 million in 2024, representing a year-over-year increase of 136.1%[22]. - Net income for the three months ended January 31, 2025, was $98,679 thousand, translating to$0.39 per share, compared to $21,143 thousand or$0.08 per share for the same period in 2024[25]. - The company reported a net income of $121,609 thousand for the year ended January 31, 2025, or$0.47 per share, compared to $51,403 thousand or$0.19 per share for the year ended January 31, 2024[25]. Cash Flow and Assets - Cash flow from operating activities for the year ended January 31, 2025, was $77.590 million, compared to$71.465 million in 2024, showing an increase of 8.6%[22]. - Free cash flow for the year ended January 31, 2025, was $59.157 million, compared to$51.140 million in 2024, reflecting an increase of 15.7%[24]. - Total current assets decreased to $854.097 million as of January 31, 2025, from$1,000.976 million a year earlier, a decline of 14.6%[18]. Stockholder Equity and Liabilities - Total liabilities increased to $572.136 million as of January 31, 2025, from$543.406 million a year earlier, an increase of 5.3%[18]. - The company’s total stockholders' equity decreased to $612.063 million as of January 31, 2025, from$679.704 million in 2024, a decline of 9.9%[18]. Non-GAAP Metrics - Non-GAAP net income per share for Q1 fiscal 2026 is projected to be approximately $0.10[13]. - Non-GAAP Net Income for the year ended January 31, 2025, was$95,332 thousand, or $0.37 per share, compared to$109,505 thousand or $0.41 per share for the year ended January 31, 2024[25]. - Non-GAAP Net Income for the three months ended January 31, 2025, was$27,041 thousand, or $0.11 per share, compared to$35,052 thousand or $0.13 per share for the same period in 2024[25]. Stock-Based Compensation - Stock-based compensation expense-related charges for the three months ended January 31, 2025, were$15,420 thousand, or $0.06 per share, compared to$13,859 thousand or $0.05 per share for the same period in 2024[25]. - Stock-based compensation expense-related charges for the year ended January 31, 2025, were$60,663 thousand, or $0.23 per share, compared to$57,902 thousand or $0.22 per share for the year ended January 31, 2024[25].