Sprinklr Announces Fourth Quarter and Full Year Fiscal 2026 Results

Core Insights - Sprinklr reported strong financial results for Q4 and fiscal year 2026, highlighting a transformation in customer engagement and operational efficiency [1][2] - The company announced a $200 million stock repurchase program, reflecting confidence in its financial health and commitment to shareholder value [1][2] Financial Highlights Fourth Quarter Fiscal 2026 - Total revenue reached $220.6 million, a 9% increase year-over-year from $202.5 million [1][3] - Subscription revenue was $193.4 million, up 6% from $182.1 million in the same quarter last year [1][3] - GAAP net income per share was $0.04, down from $0.37 in Q4 FY 2025, while non-GAAP net income per share increased to $0.13 from $0.10 [1][3] - Free cash flow for Q4 was $15.9 million, with net cash provided by operating activities at $20.7 million [1][3] Full Year Fiscal 2026 - Total revenue for the year was $857.2 million, an 8% increase from $796.4 million in FY 2025 [1][3] - Subscription revenue for the year was $756.3 million, up 5% from $717.9 million [1][3] - GAAP net income per share for the year was $0.09, down from $0.44 in FY 2025, while non-GAAP net income per share rose to $0.49 from $0.37 [1][3] - Operating income for the year was $40.2 million, compared to $24.0 million in the previous year [1][3] Guidance - For Q1 FY 2027, Sprinklr expects non-GAAP net income per share of approximately $0.09 and total revenue between $215.5 million and $216.5 million [1][2] - For the full fiscal year ending January 31, 2027, the company anticipates non-GAAP net income per share between $0.47 and $0.48, with total revenue projected between $869 million and $871 million [1][2] Key Business Metrics - Remaining Performance Obligations (RPO) remained flat, while current RPO (cRPO) increased by 1.0% year-over-year [1] - The company serves over 1,600 enterprises, including notable clients like Microsoft and P&G, indicating a strong market presence [2]