Sprinklr reported its financial results for the first fiscal quarter ended April 30, 2025, with total revenue reaching $205.5 million, a 5% increase year-over-year, exceeding analyst estimates. Subscription revenue grew by 4% year-over-year to $184.1 million.
The company demonstrated significant profitability improvements, with non-GAAP operating income of $36.7 million, resulting in an 18% non-GAAP operating margin. Sprinklr also generated a record free cash flow of $80.7 million in the quarter, or $92.5 million excluding restructuring cash paid.
For the second fiscal quarter ending July 31, 2025, Sprinklr guided for total revenue between $205 million and $206 million, and subscription revenue between $184 million and $185 million. Non-GAAP operating income is expected to be $33.5 million to $34.5 million, with a 17% margin at the midpoint.
Sprinklr raised its total revenue outlook for the full fiscal year 2026 to $825 million to $827 million, up from the prior guidance of $821.5 million to $823.5 million. The subscription revenue guidance was maintained at $741 million to $743 million, with non-GAAP operating income maintained at $129 million to $131 million.
The company's management expects to be GAAP net income positive for the full year and projects approximately $125 million in free cash flow, excluding restructuring cash outflows. Additionally, Sprinklr's Board of Directors authorized a new $150 million share buyback program, signaling confidence in the company's financial position and commitment to returning value to shareholders.
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