Sprinklr Inc (CXM) Q3 2025 Earnings Report

Financial and operating metrics highlights (QQ3 2025):
- Revenue: $200.689 million, YoY +8% (QoQ not disclosed in data).
- Subscription revenue: $180.6 million, YoY +6%.
- Gross margin (non-GAAP): 72.0% overall; subscription gross margin 80%; professional services gross margin −8%.
- Gross profit: $142.868 million; gross margin 71.19%.
- Non-GAAP operating income: $23.3 million; margin 12.0%.
- GAAP operating income: $7.889 million; operating margin 3.93%.
- Net income (GAAP): $10.455 million; net margin 5.21%.
- Non-GAAP diluted EPS: $0.10; GAAP EPS: $0.0412; diluted: $0.0399.
- Weighted-average diluted shares: 261.972 million.
- Net cash position: cash and marketable securities $476.643 million; cash at end of period $101.503 million; total debt $51.158 million; net debt −$42.081 million (net cash).
- Free cash flow: $4.901 million in QQ3; trailing twelve months FCF: $57.6 million.
- Billings: $147.9 million, down 8% YoY; remaining performance obligations (RPO): $906.3 million, up 17% YoY; current RPO (cRPO): $545.6 million, up 11% YoY.
- Customer concentration: 147 customers contributing $1 million+ in subscription revenue over the trailing 12 months, up 20% YoY.
- Guidance (Q4 FY25): total revenue $200–$201 million (≈ +3% YoY); subscription $180–$181 million (≈ +2% YoY); professional services ~$20 million; non-GAAP operating income $17.5–$18.5 million; non-GAAP EPS ≈ $0.07; full-year FY25 guidance: subscription $715.9–$716.9 million (≈ +7%); total revenue $793.9–$794.9 million (≈ +8%); non-GAAP operating income $76.4–$77.4 million; non-GAAP EPS $0.31–$0.32; FY25 billings ≈ $826.5 million (≈ +6% YoY).