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Sprinklr, Inc. (CXM) stock

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NYSE: CXM NYSE Application Software Next results ~December 2, 2026

C+ Fundamentals grade

Sprinklr, Inc. is a US-listed company in the application software industry. Its financial year ends in January.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$5.4

Cash-flow model

Base case. Range ~$4.3–$6.9 across our lower- and higher-growth cases (2.7%–12.7% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 21% below it.

Price used: $6.88, November 2, 2026

Sprinklr, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 9 selling1 purchase and 39 sales by directors and officers, last 12 monthsInsider trades
  • Funds125 adding, 152 cuttingOf 46 active managers that changed their stake, 24 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Sprinklr files

Where Sprinklr stands after its latest 10-Q

Revenue for the twelve months to July 2026 was $873m, up 6.3% on a year earlier, slower than the 8.1% growth a quarter earlier. Free-cash-flow margin fell to 14.6% from 15.9% a year earlier. The diluted share count is down 6.6% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $5.74 a share, against a share price of $6.77. At that price, our model says the market is pricing in about 11.1% a year of cash-flow growth for five years, close to the 12.1% a year revenue growth it has delivered.

Source: 10-Q filed September 3, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~December 2, 2026 (estimated)

Sprinklr, Inc.'s trailing-twelve-month revenue grew 6.3% year on year, with a free-cash-flow margin of 14.6%. Where it stands out: change in share count of -6.6% ranks 5 of 163 application software companies we cover.

Our discounted-cash-flow model values the business at ~$5.4 per share in the base case (~$4.3–$6.9 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 2.3% while net income fell 80.7%: a 78pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 6.6% in a year, so each share owns more of the business.
  • Net cash. Cash exceeds long-term debt by $0.2bn.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Priced above our value. The share price of $6.88 is 21% above our value per share of $5.
  • High earnings multiple. The shares trade at 74 times the last 12 months' earnings, so expectations are demanding.
  • Gross margin slipping. Gross margin is down 4.3 points on a year ago.
  • Heavily shorted. 10.5% of the shares available to trade are sold short (4.1 days of average volume to cover).

Latest results: FY2027 Q2

Filed September 3, 2026
Earnings per share
$0.11 against an average estimate of $0.10: beat by 5.2%
Revenue
$214m, up 0.8% on a year earlier
Share reaction
-17.9% in the first session after the results on September 2, 2026, against +1.5% for the S&P 500
Guidance given
subscription revenue $196m to $197m (third fiscal quarter ending October 31, 2026); total revenue $215m to $216m (third fiscal quarter ending October 31, 2026)
Next report
December 2, 2026; average EPS estimate $0.11

Sprinklr's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.0%
  • 1 week+2.5%
  • 1 month+32.3%
  • This year-11.6%
  • 1 year-10.9%
  • 5 years-61.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$873M
Operating margin
5.3%
Net margin
2.7%
EPS (TTM, diluted)
$0.09

Growth

Revenue growth
+6.3%
Change in growth rate
−1.7 pts
Share count change
−6.6%

Cash

Free cash flow (TTM)
$128M
FCF margin
14.6%
Stock pay % of revenue
9.4%

Earnings

Last results
September 2, 2026
Next results (est.)
December 2, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Insider trade
  2. Results
  3. Guidance
  4. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Sprinklr, Inc. valuation models and calculator

What the price is pricing in

The share price implies about 10.9% a year of cash-flow growth for five years.That is close to the 12.1% a year revenue growth Sprinklr has delivered.

  • Priced in10.9%
  • Last 12 months6.3%
  • 3 years a year9.0%
  • 5 years a year12.1%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($6.68, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$5.4
Price used
$6.68close November 3, 2026
Implied change
▼ 19%
Uncertainty
Low

How we got here: a discounted-cash-flow model of Sprinklr, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($49.4M, FY2027 Q2 TTM), growing 2.8% and 6.3% in the next two years (forecasts, guidance and its record), then back to 7.7% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$4.3–~$6.9 ; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Sprinklr, Inc.'s free cash flow after stock-based pay ( $49.4M, FY2027 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Sprinklr, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.4%: the 10-year Treasury yield (4.9%) plus a beta of 0.98 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$5.4 ~$4.3–$6.9 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$7.4 ~$6.1–$12 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$0.8 ~$0.5–$1.3 Left out: out of range vs price (0.12x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$0.1 ~$0.1–$0.2 Left out: out of range vs price (0.02x)
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$6.1 ~$5.4–$7.4 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Sprinklr, Inc. with Application Software in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −23%
  • Revenue growth 5 points higher ▲ +30%
  • Free-cash-flow margin 1 point lower ▼ −6%
  • Last year's free-cash-flow margin change, if it persists ▼ −8%
  • Discount rate 1 point higher ▼ −14%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $4$5$6$8$11$14
8.5% $3$4$5$6$8$10
10% $3$3$4$5$7$8

Valuation multiples over time Market data may be delayed

At fiscal year end 20222023202420252026Now
Share price$11.25$9.94$12.48$8.91$6.38$6.88
Market value$2.2bn$2.6bn$3.6bn$2.4bn$1.6bn$1.7bn
+ Net debt (− = net cash)−$321m−$188m−$164m−$145m−$163m−$231m
Enterprise value$1.9bn$2.4bn$3.4bn$2.3bn$1.5bn$1.5bn
Multiples
Price / sales 4.5x4.2x4.9x3.1x1.9x2.0x
Price / earnings ——69.7x20.1x71.9x73.8x
Price / free cash flow —125.4x56.9x34.1x10.4x13.4x
EV / EBITDA ——69.2x54.0x25.0x22.7x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

23 /100

Weak moat

How hard Sprinklr's competitive advantage looks for rivals to wear away, judged from 6 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 1.4% of total assets over 6 years.

  • Pricing power 19 / 20

    Gross margin has been a median 70.4%, moving by 3.3 percentage points (standard deviation) across 6 years.

  • Durability 0 / 20

    Operating margin has been a median 1.7%; its worst year was -18.9%.

  • Cash conversion 12 / 20

    Free cash flow was positive in 4 of 6 years, at a median 9.6% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (38 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: December 2, 2026, before the open. Analysts expect revenue of $215m and EPS of $0.11 (range $0.11 to $0.12) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.48 −3% $867m +1%
Next $0.53 +12% $897m +4%

Next year's EPS estimate has moved −1.7% in 90 days, across 9 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −2.6% on 90 days ago. In the last 30 days, 0 analysts raised Sprinklr, Inc.'s forecast and 8 cut it.

Consensus EPS forecast Sprinklr, Inc., last 90 days
$0.46 $0.48 $0.50 $0.52 $0.54 $0.56 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.49 Current fiscal year, 60 days ago: $0.49 Current fiscal year, 30 days ago: $0.48 Current fiscal year, 7 days ago: $0.48 Current fiscal year, Now: $0.48 $0.48 Next fiscal year, 90 days ago: $0.54 Next fiscal year, 60 days ago: $0.54 Next fiscal year, 30 days ago: $0.53 Next fiscal year, 7 days ago: $0.53 Next fiscal year, Now: $0.53 $0.53

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.49$0.54
60 days ago $0.49$0.54
30 days ago $0.48$0.53
7 days ago $0.48$0.53
Now $0.48$0.53

Earnings against estimates

Quarter toEstimateActualSurprise
Jul 2026 $0.10 $0.11 +5.2%
Apr 2026 $0.10 $0.11 +14.1%
Jan 2026 $0.10 $0.13 +34.7%
Oct 2025 $0.09 $0.12 +32.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, September 2, 2026
  • Total revenue full fiscal year ending January 31, 2027 $867m to $869m
    “Total revenue between $866.5 million and $868.5 million.” source
  • Total revenue third fiscal quarter ending October 31, 2026 $215m to $216m New
    “Total revenue between $215.0 million and $216.0 million.” source
  • Non-GAAP net income per share full fiscal year ending January 31, 2027 about $0.47 Non-GAAP
    “Non-GAAP net income per share of approximately $0.47, assuming 240 million diluted weighted-average shares outstanding.” source
  • Non-GAAP net income per share third fiscal quarter ending October 31, 2026 about $0.11 Non-GAAP New
    “Non-GAAP net income per share of approximately $0.11, assuming 239 million diluted weighted-average shares outstanding.” source
  • Subscription revenue full fiscal year ending January 31, 2027 $783m to $785m
    “Subscription revenue between $782.5 million and $784.5 million.” source
  • Non-GAAP operating income full fiscal year ending January 31, 2027 $139m to $141m Non-GAAP
    “Non-GAAP operating income between $139.0 million and $141.0 million.” source
Show 2 more items
  • Subscription revenue third fiscal quarter ending October 31, 2026 $196m to $197m New
    “Subscription revenue between $196.0 million and $197.0 million.” source
  • Non-GAAP operating income third fiscal quarter ending October 31, 2026 $33.5m to $34.5m Non-GAAP New
    “Non-GAAP operating income between $33.5 million and $34.5 million.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Sprinklr, Inc.'s revenue by +2.8% next year and +6.3% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+1.1%, weight 54%) , management guidance (+1.1%, weight 20%) and the company's own record (+7.7%, weight 26%) . How the weights are set.

Analyst recommendations

9 analysts, Oct 2026
Buy333%
Hold556%
Sell111%

Monthly trend

  1. Oct 202612519
  2. Sep 202612519
  3. Aug 202612519

Counts of recommendations published by analysts covering Sprinklr, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
10.5%
of tradable shares
Days to cover
4.1
at average volume
Short interest, 1 month
−3%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
8.0%
of shares
Employees
3,258
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −10.9%

$7.72 on October 31, 2025 to $6.88

ThenNowEffect
Revenue (last 12 months) $821m $873m +6.3%
Net margin 14.6% 2.7% −81.9%
P/E multiple 17.1x 73.8x +332.1%
Share count 266m 248m +7.0%

Biggest factor: net margin.

Last 3 years −52.4%

$14.45 on November 3, 2023 to $6.88

ThenNowEffect
Revenue (last 12 months) $674m $873m +29.4%
Net margin 1.0% 2.7% +164.4%
P/E multiple n/m 73.8x −87.3%
Share count 272m 248m +9.5%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 20222023202420252026 to date
Return
CXM−49%+47%−30%−8%−12%
Industry peers (median)−50%+19%+2%−21%−14%
S&P 500−18%+26%+25%+18%+11%
Months that ended higher
CXM42%67%42%42%55%
S&P 50042%67%75%75%46%
Largest fall from a high during the year
CXM−52%−34%−49%−27%−41%
S&P 500−25%−10%−8%−19%−9%

Worst fall since June 23, 2021: 80% from June 28, 2021 to September 29, 2026. Getting back needed a 398% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$4.82 – $8.21
From 52-week high
−16.2%
vs 50-day average
+13.5%
vs 200-day average
+17.9%
Volatility (1 year)
44%
Beta vs S&P 500
0.20

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±7.8%
After a week
6 up, 6 down
typical move ±9.7%
After a month
2 up, 10 down
typical move ±8.9%
Results releasedNext dayS&P 500 next day5 days21 days
September 2, 2026 −17.9% +1.5% −28.4% −31.6%
June 3, 2026 −4.3% −0.3% −4.8% −3.9%
March 11, 2026 +4.6% −1.6% +5.9% −3.9%
December 3, 2025 +4.8% +0.4% +6.4% −1.9%
September 3, 2025 −9.0% +1.4% −10.3% −10.0%
June 4, 2025 +3.5% −0.5% +0.2% +5.1%
March 12, 2025 +13.9% −0.8% +9.8% −5.6%
February 6, 2025 −2.8% −0.6% +2.8% −8.3%
December 4, 2024 +5.1% +0.5% +13.5% +6.2%
September 4, 2024 −9.5% −0.4% −13.4% −16.7%
June 5, 2024 −14.1% +1.2% −15.5% −6.7%
March 27, 2024 −4.3% +0.8% −5.2% −6.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Sprinklr, Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Sprinklr, Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Sprinklr, Inc.
$700M $750M $800M $850M $900M FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue (TTM), FY24 Q3: $703.5M Revenue (TTM), FY24 Q4: $732.4M Revenue (TTM), FY25 Q1: $755M Revenue (TTM), FY25 Q2: $773.7M Revenue (TTM), FY25 Q3: $788.1M Revenue (TTM), FY25 Q4: $796.4M Revenue (TTM), FY26 Q1: $805.9M Revenue (TTM), FY26 Q2: $820.8M Revenue (TTM), FY26 Q3: $839.1M Revenue (TTM), FY26 Q4: $857.2M Revenue (TTM), FY27 Q1: $871.2M Revenue (TTM), FY27 Q2: $872.9M $872.9M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY24 Q3 $703.5M
FY24 Q4 $732.4M
FY25 Q1 $755M
FY25 Q2 $773.7M
FY25 Q3 $788.1M
FY25 Q4 $796.4M
FY26 Q1 $805.9M
FY26 Q2 $820.8M
FY26 Q3 $839.1M
FY26 Q4 $857.2M
FY27 Q1 $871.2M
FY27 Q2 $872.9M
Revenue growth, TTM YoY Sprinklr, Inc.
0% 5% 10% 15% 20% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue growth, TTM YoY, FY24 Q3: 19.5% Revenue growth, TTM YoY, FY24 Q4: 18.5% Revenue growth, TTM YoY, FY25 Q1: 16.8% Revenue growth, TTM YoY, FY25 Q2: 14.7% Revenue growth, TTM YoY, FY25 Q3: 12.0% Revenue growth, TTM YoY, FY25 Q4: 8.7% Revenue growth, TTM YoY, FY26 Q1: 6.8% Revenue growth, TTM YoY, FY26 Q2: 6.1% Revenue growth, TTM YoY, FY26 Q3: 6.5% Revenue growth, TTM YoY, FY26 Q4: 7.6% Revenue growth, TTM YoY, FY27 Q1: 8.1% Revenue growth, TTM YoY, FY27 Q2: 6.3% 6.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q3 19.5%
FY24 Q4 18.5%
FY25 Q1 16.8%
FY25 Q2 14.7%
FY25 Q3 12.0%
FY25 Q4 8.7%
FY26 Q1 6.8%
FY26 Q2 6.1%
FY26 Q3 6.5%
FY26 Q4 7.6%
FY27 Q1 8.1%
FY27 Q2 6.3%
Operating margin (TTM) Sprinklr, Inc.
0% 2% 4% 6% 8% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Operating margin (TTM), FY24 Q3: 1.9% Operating margin (TTM), FY24 Q4: 4.6% Operating margin (TTM), FY25 Q1: 5.7% Operating margin (TTM), FY25 Q2: 4.8% Operating margin (TTM), FY25 Q3: 4.1% Operating margin (TTM), FY25 Q4: 3.0% Operating margin (TTM), FY26 Q1: 2.0% Operating margin (TTM), FY26 Q2: 4.0% Operating margin (TTM), FY26 Q3: 4.4% Operating margin (TTM), FY26 Q4: 4.7% Operating margin (TTM), FY27 Q1: 6.0% Operating margin (TTM), FY27 Q2: 5.3% 5.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q3 1.9%
FY24 Q4 4.6%
FY25 Q1 5.7%
FY25 Q2 4.8%
FY25 Q3 4.1%
FY25 Q4 3.0%
FY26 Q1 2.0%
FY26 Q2 4.0%
FY26 Q3 4.4%
FY26 Q4 4.7%
FY27 Q1 6.0%
FY27 Q2 5.3%
FCF margin (TTM) Sprinklr, Inc.
5% 10% 15% 20% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 FCF margin (TTM), FY24 Q3: 9.5% FCF margin (TTM), FY24 Q4: 8.6% FCF margin (TTM), FY25 Q1: 11.3% FCF margin (TTM), FY25 Q2: 12.0% FCF margin (TTM), FY25 Q3: 10.5% FCF margin (TTM), FY25 Q4: 9.0% FCF margin (TTM), FY26 Q1: 14.4% FCF margin (TTM), FY26 Q2: 15.9% FCF margin (TTM), FY26 Q3: 17.0% FCF margin (TTM), FY26 Q4: 18.4% FCF margin (TTM), FY27 Q1: 16.6% FCF margin (TTM), FY27 Q2: 14.6% 14.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q3 9.5%
FY24 Q4 8.6%
FY25 Q1 11.3%
FY25 Q2 12.0%
FY25 Q3 10.5%
FY25 Q4 9.0%
FY26 Q1 14.4%
FY26 Q2 15.9%
FY26 Q3 17.0%
FY26 Q4 18.4%
FY27 Q1 16.6%
FY27 Q2 14.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Sprinklr took in during FY2026, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $857M
  2. Cost of revenue $279M · 32.6%
  3. Gross profit $578M · 67.4%
  4. Research and development $96M · 11.2%
  5. Selling, general and admin $425M · 49.6%
  6. Other operating costs $16.8M · 2.0%
  7. Operating income $40.2M · 4.7%
  8. Interest and other $17.3M · 2.0%
  9. Net income $22.9M · 2.7%

Shares of revenue. Source: Sprinklr's 10-K for FY2026, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2020 Jan 2020 2021 Jan 2021 2022 Jan 2022 2023 Jan 2023 2024 Jan 2024 2025 Jan 2025 2026 Jan 2026 LTM Jul 2026
Income
Revenue 324 387 492 618 732 796 857 873
Gross profit 201 265 345 454 553 575 578 573
EBITDA −31 −20 −91 −39 49 43 59 65
Operating income −36 −26 −99 −51 34 24 40 46
Net income −40 −38 −111 −56 51 122 23 23
Diluted EPS −$0.47 −$0.42 −$0.57 −$0.21 $0.18 $0.44 $0.09 $0.09
Growth (year on year)
Revenue — +19.3% +27.3% +25.5% +18.5% +8.7% +7.6% +6.3%
EBITDA — — — — — −13.7% +39.0% +25.8%
Operating income — — — — — −29.4% +67.9% +40.8%
Net income — — — — — +136.6% −81.2% −80.7%
Diluted EPS — — — — — +144.4% −79.5% −79.4%
Margins
Gross margin 62.0% 68.4% 70.0% 73.5% 75.5% 72.2% 67.4% 65.6%
EBITDA margin −9.6% −5.1% −18.6% −6.3% 6.7% 5.4% 6.9% 7.5%
Operating margin −11.0% −6.6% −20.2% −8.3% 4.6% 3.0% 4.7% 5.3%
Net margin −12.3% −9.8% −22.6% −9.0% 7.0% 15.3% 2.7% 2.7%
Free-cash-flow margin 5.0% 1.2% −7.9% 3.3% 8.6% 9.0% 18.4% 14.6%
Cash flow
Cash from operations 19 7 −33 27 71 78 159 129
Capital spending 3 3 6 6 9 6 1 1
Free cash flow 16 5 −39 21 63 72 158 128
Stock-based pay 10 44 50 56 56 60 84 82
Free cash flow after stock pay 6 −39 −89 −35 7 12 73 45
Balance sheet
Cash 10 68 321 188 164 145 163 231
Total debt 0 — — — — — — 0
Net debt (negative = net cash) −10 −68 −321 −188 −164 −145 −163 −231
Diluted shares 84m 90m 195m 260m 287m 275m 258m 248m
Returned to shareholders
Buybacks 0 6 0 0 27 274 152 137
Total returned 0 6 0 0 27 274 152 137

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · July 31, 2026
What it owns · $1.1bn
Short-term assets $740mLonger-term assets $312m
What it owes, and who funded it · $1.1bn
Short-term liabilities $476mLonger-term liabilities $56mShareholders' equity $519m
  • Short-term assets cover short-term liabilities $740m of assets due within a year against $476m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $740m short-term assets against $56m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Sprinklr, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2027 Q2 TTM
Buybacks (TTM)
$137M
Returned to shareholders
107%
of free cash flow
Buybacks, last 3 fiscal years
$453M
Diluted share count
−6.6%
year over year
Total shareholder yield
8.4%
dividends 0.0% + buybacks 8.4% of market value
R&D spending
11.2%
of revenue

Competitors: side by side with peers

Closest by revenue in application software
Last 12 months unless stated CXM BAND QTWO COUR RPD FRSH Median
Revenue, last 12 months $873m $870m $870m $885m $856m $904m $482m
Revenue growth, last 12 months 6.3% 15.1% 13.1% 22.7% 0.1% 15.6% 12.0%
Revenue growth, 3-year average 9.0% 13.7% 12.6% 15.1% 5.3% 18.4% 11.1%
Revenue growth, latest quarter 0.8% 22.0% 11.9% 59.6% −1.5% 16.0% 11.9%
Gross margin 65.6% 36.7% 58.4% 55.9% 69.3% 85.0% 69.2%
Operating margin 5.3% −1.3% 12.4% −17.8% 1.2% 3.3% 1.1%
Operating margin, 3-year average 4.7% −2.3% 2.2% −16.1% 1.6% −10.3% −0.8%
Net margin 2.7% 1.0% 12.7% −15.4% 2.4% 20.5% 2.1%
Cash from operations / revenue 14.8% 13.1% 28.2% 3.9% 17.9% 27.3% 18.2%
Free-cash-flow margin 14.6% 11.1% 26.8% 3.8% 16.9% 25.9% 15.0%
Free-cash-flow margin, 3-year average 14.2% 9.1% 22.5% 10.4% 17.9% 23.3% 16.2%
Stock pay / revenue 9.4% 5.7% 9.3% 12.1% 10.4% 14.1% 9.3%
Change in share count −6.6% 21.2% −4.6% 14.7% 18.0% −5.5% 2.2%

Median of all 185 companies we cover in application software. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

185 application software companies
Measure Company Peer median Rank
Revenue growth Growth 6.3% 12.0% 124 of 184
Change in growth rate Growth -1.7pp +0.2pp 134 of 184
Gross margin Profitability 65.6% 69.8% 92 of 160
Operating margin Profitability 5.3% 1.1% 74 of 181
Net margin Profitability 2.7% 2.1% 90 of 185
Free-cash-flow margin Cash generation 14.6% 15.2% 93 of 180
Stock pay as % of revenue Cash generation 9.4% 9.3% 91 of 177
Change in share count Balance sheet -6.6% 1.7% 5 of 163

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to January 31, 2026
Products and services
Line of business Revenue Share YoY
Licenses and services $756M 88.2% ▲ 5.4%
Professional Services $101M 11.8% ▲ 28.5%
Geography
Region Revenue YoY
Americas $478M ▲ 2.6%
United States $442M ▲ 1.9%
EMEA $310M ▲ 15.1%
Non US and Non EMEA $69.1M ▲ 12.6%

These categories overlap or exclude eliminations, so shares aren't shown.

From Sprinklr, Inc.'s 10-K filed March 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$676M
Institutions reporting
265
Shares held vs prior quarter
▼ 13.7%
Positions opened / closed
40 / 51

Top buyers and sellers, Q2 2026: 125 institutions bought and 152 sold ; the biggest buyer was Qube Research & Technologies Ltd (+2.0M shares) and the biggest seller SG Americas Securities, LLC (−8.0M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $95.6M 18.5M 14.2% ▼ 3.1%
H&F Corporate Investors Ix, Ltd. $56M 10.9M 8.3% 0.0%
Vanguard Portfolio Management LLC $49.7M 9.6M 7.4% ▼ 8.0%
Private Management Group Inc $30.1M 5.8M 4.5% ▲ 18.7%
Sixth Street Partners Management Company, L.P. $29.3M 5.7M 4.3% 0.0%
State Street Corp $26.4M 5.1M 3.9% ▲ 4.0%
Vanguard Capital Management LLC $23.5M 4.6M 3.5% ▼ 14.6%
Solel Partners LP $18.8M 3.6M 2.8% 0.0%
Morgan Stanley $15.6M 3.0M 2.3% ▼ 63.6%
Geode Capital Management, LLC $15M 2.9M 2.2% ▲ 7.0%
Federated Hermes, Inc. $14M 2.7M 2.1% ▲ 6.5%
Citigroup Inc $12.8M 2.5M 1.9% ▲ 298.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Sprinklr, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $850,500 1 trade by 1 insider, last 12 months Insider sales History → $12.9M 39 trades by 9 insiders · 39% under pre-set plans
Net ▼ $12M net selling
Insider Date Trade Shares Price Value
Ward Jr Stephen M Director October 13, 2026 Buy 150,000 $5.67 $850,500
Read Rory P President & CEO October 1, 2026 Sell pre-set plan 203,666 $5.17 $1.1M
Misra Amitabh Chief Technology Officer September 16, 2026 Sell pre-set plan 29,629 $5.55 $164,441
Scott Jacob GENERAL COUNSEL AND CORP. SEC. September 16, 2026 Sell 26,094 $5.55 $144,822
Read Rory P President & CEO September 16, 2026 Sell 145,865 $5.55 $809,551
Corso Joy Chief Administrative Officer September 16, 2026 Sell 34,153 $5.55 $189,549
Macwan Sanjay Chief Information Officer September 16, 2026 Sell 6,936 $5.55 $38,495
Thomas Ragy Director September 16, 2026 Sell 5,457 $5.55 $30,286
Misra Amitabh Chief Technology Officer September 15, 2026 Sell pre-set plan 40,000 $5.73 $229,200
Scott Jacob GENERAL COUNSEL AND CORP. SEC. August 10, 2026 Sell pre-set plan 71,585 $6.97 $498,947
Scott Jacob GENERAL COUNSEL AND CORP. SEC. June 22, 2026 Sell pre-set plan 2,724 $4.97 $13,538
Suri Karthik Chief Product & CSO June 17, 2026 Sell pre-set plan 41,852 $5.14 $215,119

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around December 2, 2026 estimated from the company's past filing pattern, not announced

  • September 2, 2026
  • June 3, 2026
  • March 11, 2026
  • December 3, 2025
  • September 3, 2025
  • June 4, 2025

Recent SEC filings

Data status

When each part of this page on Sprinklr, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Sprinklr, Inc. in brief

What does Sprinklr, Inc. do?
Sprinklr, Inc. is a US-listed company in the application software industry. Its financial year ends in January.
What is Sprinklr, Inc.'s stock ticker?
Sprinklr, Inc. trades under the ticker CXM on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Sprinklr, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Sprinklr, Inc. reported revenue of $873M, 6.3% higher than a year earlier, according to its SEC filings.
What is Sprinklr, Inc.'s free cash flow?
Sprinklr, Inc.'s free-cash-flow margin is 14.6% of revenue over the trailing twelve months, ranking 93 of the 180 application software companies we cover.
What is Sprinklr, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Sprinklr, Inc.'s free cash flow after stock-based pay gives ~$5.4 per share in the base case, and ~$4.3–$6.9 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Sprinklr, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., H&F Corporate Investors Ix, Ltd. and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Sprinklr, Inc. buying back stock, and does it pay a dividend?
Sprinklr, Inc. spent $137M on share repurchases over the trailing twelve months, and its diluted share count fell 6.6% over the year.
What is Sprinklr, Inc.'s market cap?
On November 2, 2026, Sprinklr, Inc.'s market capitalisation was about $1.7B, with a price-to-earnings ratio of 73.8 and net debt of -$231M. Market figures come from third-party market data and may be delayed.
Who are Sprinklr, Inc.'s competitors?
In our Application Software peer group, the companies closest to Sprinklr, Inc. are Bandwidth Inc., Q2 Holdings, Inc., Coursera, Inc., Rapid7, Inc. and Freshworks Inc. The side-by-side comparison below sets their revenue, margins and growth against Sprinklr, Inc.'s.
Are insiders buying or selling Sprinklr, Inc. stock?
Over the last 12 months, Sprinklr, Inc.'s directors and officers reported 1 open-market purchases and 39 sales on Form 4. The insider trading page charts every trade.
When is Sprinklr, Inc.'s next earnings date?
Around December 2, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Sprinklr, Inc. announces its own schedule.