Sprinklr, Inc. CXM
Sprinklr provides a Unified Customer Experience Management ("Unified-CXM") platform that helps organizations manage customer interactions across channels and teams. Our artificial intelligence ("AI")‑native platform enables customer-facing teams, from Customer Service to Marketing, to collaborate across internal silos, communicate with customers across digital and traditional channels, and leverage AI to deliver better customer experiences at scale. Our mission is to empower companies to deliver next generation, unified journeys that reimagine the customer's experience.
Companies are increasingly moving from transactional to unified customer experiences. This has been driven by a shift from traditional channels, like email and phone, to an ever-expanding universe of digital channels, like messaging, chat, text and social. Consumer experiences today are shaped by each interaction they have with a brand, which include physical, in-person engagements, as well as digital engagements through online customer support, websites, social media or AI tools. And, given how people connect and transact today, companies face challenges when customer interactions occur across disparate systems. To elevate the consumer experience, they seek to unify every touchpoint along the customer journey and strive to ensure seamless and consistent customer experiences in person and online. They want to instantly communicate with consumers who move fluidly across dozens of channels and resolve customer pain points in real-time and in personalized ways. For large enterprises, reliance on customer relationship management ("CRM") systems and backward-looking customer information like names, addresses and birthdates is not sufficient to meet today's demands for seamless conversational experiences or prepare for the future of 360-degree immersive experiences.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $857.2M | $796.4M | $732.4M | $618.2M | $492.4M | $386.9M | $324.3M | — |
| Cost of revenue | $279.4M | $221.8M | $179.4M | $163.7M | $147.6M | $122.1M | $123.2M | — |
| Gross profit | $577.8M | $574.6M | $553.0M | $454.5M | $344.8M | $264.8M | $201.1M | — |
| R&D | $96.0M | $91.6M | $91.3M | $76.7M | $60.6M | $40.3M | $32.5M | — |
| SG&A | $137.1M | $136.6M | $105.7M | $92.3M | $84.8M | $64.3M | $40.2M | — |
| Total operating expenses | $537.5M | $550.7M | $519.0M | $505.7M | $444.3M | $290.4M | $236.6M | — |
| Operating income | $40.2M | $24.0M | $33.9M | -$51.2M | -$99.5M | -$25.6M | -$35.5M | — |
| Pre-tax income | $66.8M | $48.3M | $60.5M | -$47.5M | -$104.6M | -$34.2M | -$36.5M | — |
| Income tax | $43.9M | $73.3M | $9.1M | $8.3M | $6.9M | $3.8M | $3.3M | — |
| Net income | $22.9M | $121.6M | $51.4M | -$55.7M | -$111.5M | -$38.0M | -$39.8M | — |
| EPS, basic | 0.09 | 0.47 | 0.19 | -0.21 | -0.57 | -0.42 | -0.47 | — |
| EPS, diluted | 0.09 | 0.44 | 0.18 | -0.21 | -0.57 | -0.42 | -0.47 | — |
| Shares, diluted (wtd. avg.) | $258.0M | $274.8M | $287.1M | $259.5M | $195.0M | $90.4M | $84.3M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $163.0M | $145.3M | $172.4M | $188.4M | $321.4M | $68.0M | $10.5M | $10.9M |
| Total current assets | $888.0M | $854.1M | $1.00B | $862.5M | $805.3M | $498.1M | — | — |
| Property, plant and equipment | $33.5M | $31.6M | $32.2M | $22.9M | $14.7M | $9.0M | — | — |
| Goodwill | $49.9M | $50.0M | $50.0M | $50.0M | $49.9M | $46.8M | $47.1M | — |
| Total assets | $1.21B | $1.18B | $1.22B | $1.02B | $920.0M | $597.0M | — | — |
| Accounts payable | $33.8M | $27.4M | $34.7M | $30.1M | $15.8M | $17.0M | — | — |
| Short-term debt | — | — | — | — | $0 | $0 | — | — |
| Total current liabilities | $554.1M | $517.6M | $508.2M | $458.9M | $395.1M | $301.6M | — | — |
| Long-term debt | — | — | — | — | $0 | $78.8M | — | — |
| Total liabilities | $612.4M | $572.1M | $543.4M | $475.7M | $404.2M | $403.2M | — | — |
| Retained earnings | -$754.3M | -$626.1M | -$474.8M | -$496.6M | -$441.6M | -$330.2M | — | — |
| Total equity | $592.6M | $612.1M | $679.7M | $549.3M | $515.8M | $193.9M | -$14.4M | -$26.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $159.2M | $77.6M | $71.5M | $26.7M | -$32.9M | $7.3M | $19.0M | — |
| Depreciation and amortisation | $19.1M | $18.7M | $15.5M | $12.1M | $8.1M | $5.7M | $4.4M | — |
| Stock-based compensation | $84.4M | $59.5M | $55.8M | $55.5M | $50.1M | $43.9M | $10.2M | — |
| Capital expenditure | $1.4M | $5.8M | $8.5M | $6.1M | $6.1M | $2.7M | $2.6M | — |
| Investing cash flow | -$12.5M | $154.1M | -$110.6M | -$193.5M | -$15.7M | -$219.5M | -$11.7M | — |
| Financing cash flow | -$131.8M | -$248.2M | $24.1M | $35.0M | $303.1M | $269.8M | -$7.5M | — |
| Buybacks | $152.3M | $273.9M | $26.7M | $0 | $0 | $5.9M | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-018552.
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