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Company

Sprinklr, Inc.

Ticker
CXM
Sector
Industry
Report date
June 4, 2026
Valye AI Score

100

Very high visibility
Recent developments
Recent developments summary

Recent developments include quarterly earnings transcripts and call highlights for Q1 2027 and Q4 2026, with reports of revenue and earnings growth driven by increased subscription usage and professional services projects.

Recent developments:
  • Sprinklr reported total revenue of $219.5 million for Q1 FY2027 ended April 30, 2026, with subscription revenue of $194.8 million and professional services revenue of $24.7 million, reflecting a 7% increase year-over-year [S2].
  • Gross margin for subscription revenue declined to 74% due to higher third-party cloud and data costs, while professional services gross margin was negative 4% due to increased delivery costs [S2].
  • Operating income improved to $10.6 million for the quarter, compared to a loss in the prior year period, with net income of $4.2 million [S2].
  • Liquidity remains solid with $163.3 million in cash and equivalents and a current ratio of 1.43 as of April 30, 2026 [S2].
  • The company continues to serve a broad global customer base including 59% of the Fortune 100, focusing on large enterprise customers with subscription revenue exceeding $1 million [S1].
  • Sprinklr's AI-native platform supports over 450 million conversations and 8 billion AI predictions daily, with extensive AI capabilities and integrations [S1].
  • Recent earnings call highlights and transcripts detail operational execution and strategic focus on expanding AI capabilities and customer engagement [N1][N2][N3][N4].
Overview

Sprinklr, Inc. provides an AI-native Unified Customer Experience Management (Unified-CXM) platform designed to unify customer interactions across digital and traditional channels. The platform leverages a combination of traditional machine learning, third-party large language models, and proprietary LLMs to deliver end-to-end customer journey management. Sprinklr's offerings include four major product suites: Service, Social, Insights, and Marketing, each addressing different facets of customer experience. The platform supports over 450 million conversations daily and manages over 4 billion profiles globally. Sprinklr serves a diverse customer base including 59% of the Fortune 100, with a focus on large enterprise clients. The company emphasizes enterprise-grade security, compliance, and scalability, maintaining certifications such as ISO 27001, SOC reports, PCI-DSS, HIPAA, GDPR, and FedRAMP. Recent financial disclosures show revenue growth driven by increased subscription usage and professional services related to large enterprise implementations.

Executive summary

Sprinklr, Inc. operates a Unified Customer Experience Management platform that integrates AI-driven capabilities across multiple customer engagement channels. The company reported total revenue of $219.5 million for Q1 FY2027 ended April 30, 2026, with subscription revenue comprising the majority. Gross margins declined slightly due to increased cloud and data costs. Operating income and net income improved compared to the prior year period. Liquidity remains solid with a current ratio of 1.43 as of April 30, 2026. The platform supports extensive AI capabilities and serves a broad global enterprise customer base. Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.

Scenarios for CXM

Bull case model:

Sprinklr's comprehensive AI-native Unified-CXM platform addresses the growing enterprise need for seamless, omnichannel customer experience management. Its ability to unify data and customer context across multiple channels and languages, combined with advanced AI capabilities, positions it well to capture increased adoption within existing large customers and expand into new enterprise segments. The platform's scalability and compliance certifications support deployment in highly regulated industries and large-scale environments. Continued innovation in AI and expansion of product suites could enhance customer value and drive deeper integration across customer-facing teams.

Bear case model:

Sprinklr faces risks from rising costs, including third-party cloud and data infrastructure expenses, which have impacted gross margins. The professional services segment shows negative gross margins, reflecting challenges in managing complex implementations cost-effectively. Customer count and large customer cohorts have declined, indicating potential challenges in customer retention or acquisition. The company operates in a competitive market with rapid technological change, requiring ongoing investment in AI and platform capabilities. Economic pressures may lead customers to reduce or defer spending, affecting revenue growth. Regulatory and compliance requirements impose operational complexities and costs.

Moat:

Sprinklr's moat is anchored in its AI-native unified platform that integrates vast amounts of structured and unstructured customer data across numerous channels and languages, enabling a continuous and connected customer context. Its single codebase architecture and extensive AI capabilities, including proprietary LLMs and a model-dynamic approach, differentiate it from competitors. The platform's scalability, enterprise-grade security certifications, and broad integrations with major enterprise systems further strengthen its competitive position. Additionally, its established relationships with a significant portion of Fortune 100 companies and a focus on large enterprise customers create high switching costs and customer stickiness.

Risks overview
Risks summary
Rising costs and customer retention challenges amid a competitive and evolving market represent key risks to Sprinklr's business model and financial performance.
Risks details:

• Rising Cost Pressures: Increased third-party cloud, data, and network infrastructure costs have negatively impacted gross margins, and further cost increases could pressure profitability.
• Customer Concentration and Retention: A decrease in total customers and large customers with $1 million+ subscription revenue suggests risks related to customer retention and concentration.
• Competitive and Technological Risks: The market for customer experience management is competitive and rapidly evolving, requiring continuous innovation and investment in AI capabilities.
• Economic and Budgetary Constraints: Broader economic pressures may lead customers to reduce or defer investments, impacting subscription and professional services revenue growth.
• Regulatory and Compliance Complexity: Maintaining compliance with multiple security and privacy standards imposes operational challenges and potential risks if standards are not met.

FINAL FORECAST FOR CXM

Final take one line
Sprinklr operates a highly visible AI-native Unified-CXM platform with strong enterprise adoption, solid recent financial performance, and key risks related to cost pressures and customer retention.
Final take 12 to 24 month view

Business trends: Increasing adoption of AI-driven unified customer experience management across large enterprises, with growth in subscription usage and professional services.
Execution milestones: Continued expansion of AI capabilities, maintenance of enterprise-grade security certifications, and focus on large customer cohorts.
Key risks: Rising infrastructure and delivery costs, customer concentration and retention challenges, competitive pressures, and regulatory compliance complexities.

Valye AI Visibility Research Score

Very high visibility

Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).

100
LLM visibility overview
LLM Visibility known facts
  • Sprinklr provides a Unified Customer Experience Management (Unified-CXM) platform that integrates customer interactions across multiple channels and teams, leveraging AI to enhance customer experience at scale [S1].
  • The platform is AI-native, combining traditional machine learning, third-party large language models (LLMs), and in-house specialized LLMs to power end-to-end customer journeys [S1].
  • Sprinklr's platform unifies data and customer context across more than 30 channels including messaging, live chat, text, social media, voice, and email, enabling a continuous, connected view of the customer lifecycle [S1].
  • The company offers four major product suites: Sprinklr Service, Sprinklr Social, Sprinklr Insights, and Sprinklr Marketing, each providing AI-based solutions for different aspects of customer experience management [S1].
  • Sprinklr Service includes AI agents, voice capabilities, contact center connectivity, and agent copilots to enhance customer service operations [S1].
  • The platform supports over 450 million conversations and makes over 8 billion AI predictions daily, handling more than 200 million contact center interactions monthly and managing over 4 billion profiles across digital channels [S1].
  • Sprinklr serves 1,677 customers as of January 31, 2026, including 59% of the Fortune 100, with a focus on top-tier enterprise customers and 141 customers generating $1 million or more in subscription revenue [S1].
  • Subscription revenue is recognized ratably over contract terms typically two to three years, with seasonality in sales cycles primarily in the fourth quarter [S2].
  • For the three months ended April 30, 2026, total revenue was $219.5 million, consisting of $194.8 million subscription revenue and $24.7 million professional services revenue, representing a 7% increase from the prior year period [S2].
  • Gross margin for subscription revenue was 74% for the quarter ended April 30, 2026, down from 77% the prior year, impacted by increased third-party cloud, data, and network infrastructure costs [S2].
  • Professional services gross margin was negative 4% for the quarter, down from 4% the prior year, due to higher delivery costs and complex implementations [S2].
  • Operating income was $10.6 million for the quarter ended April 30, 2026, compared to an operating loss of $1.8 million in the prior year period [S2].
  • Net income was $4.2 million for the quarter ended April 30, 2026, compared to a net loss of $1.6 million in the prior year period [S2].
  • Liquidity as of April 30, 2026 included $163.3 million in cash and equivalents, current assets of $745.3 million, current liabilities of $519.9 million, with a current ratio of 1.43 and a cash ratio of 0.31 [S2].
  • Sprinklr maintains certifications and compliance with industry security standards including ISO 27001, SOC 1, SOC 2, SOC 3 Type II, PCI-DSS, HIPAA, GDPR, CCPA, and FedRAMP LI-SaaS Authority to Operate for U.S. federal agencies [S1].
  • The company has a global customer base across more than 90 countries and supports over 150 languages [S1].
  • Sprinklr AI includes over 100 customer experience-focused AI capabilities spanning autonomous agents, copilots, automated intelligence, root-cause analysis, and next-best-action recommendations [S1].
  • The company offers AI+ Studio, a centralized AI management console for customers to control models, prompts, workflows, and guardrails [S1].
  • Sprinklr's platform architecture is built on a single codebase designed for scalability, flexibility, and enterprise-grade security and governance [S1].
  • Recent quarterly results showed growth in subscription and professional services revenue driven by increased usage and large-scale enterprise projects [S2].
  • Cost increases in subscription revenue were driven by higher third-party cloud and data costs and increased personnel expenses [S2].
  • Sales and marketing expenses increased due to higher personnel costs and amortization of capitalized sales commissions [S2].
  • Restructuring expenses decreased significantly in the recent quarter due to completion of workforce reduction initiatives [S2].
  • The company reported a discrete income tax charge related to non-deductible stock-based compensation and uncertain tax positions in non-U.S. entities [S2].
  • Recent news includes detailed earnings transcripts and call highlights for Q1 2027 and Q4 2026, and reports of revenues and earnings topping estimates [N1][N2][N3][N4].
Sources
Sources - Context summary

Generated 2026-06-04

Sources - Earning calls
Sources - Other context
Sources - SEC Filings
  • S1 | 2026-03-19 | 10-K
  • S2 | 2026-06-04 | 10-Q
Sources - News headlines
  • N1 | 2026-06-04 | www.nasdaq.com | Sprinklr (CXM) Q1 2027 Earnings Transcript | https://www.nasdaq.com/articles/sprinklr-cxm-q1-2027-earnings-transcript
  • N2 | 2026-06-04 | www.nasdaq.com | Sprinklr (CXM) Q4 2026 Earnings Transcript | https://www.nasdaq.com/articles/sprinklr-cxm-q4-2026-earnings-transcript
  • N3 | 2026-06-03 | www.nasdaq.com | Sprinklr Q1 Earnings Call Highlights | https://www.nasdaq.com/articles/sprinklr-q1-earnings-call-highlights
  • N4 | 2026-06-03 | www.nasdaq.com | Sprinklr (CXM) Q1 Earnings and Revenues Top Estimates | https://www.nasdaq.com/articles/sprinklr-cxm-q1-earnings-and-revenues-top-estimates
  • N5 | 2026-06-02 | www.nasdaq.com | Yext (YEXT) Tops Q1 Earnings Estimates | https://www.nasdaq.com/articles/yext-yext-tops-q1-earnings-estimates
  • N6 | 2026-06-02 | www.nasdaq.com | Pre-Market Earnings Report for June 3, 2026 : MDT, M, OLLI, THO, CGNT, CXM, VBNK | https://www.nasdaq.com/articles/pre-market-earnings-report-june-3-2026-mdt-m-olli-tho-cgnt-cxm-vbnk
  • N7 | 2026-05-29 | www.nasdaq.com | Gear Up for Sprinklr (CXM) Q1 Earnings: Wall Street Estimates for Key Metrics | https://www.nasdaq.com/articles/gear-sprinklr-cxm-q1-earnings-wall-street-estimates-key-metrics
  • N8 | 2026-05-27 | www.nasdaq.com | Everpure (P) Tops Q1 Earnings and Revenue Estimates | https://www.nasdaq.com/articles/everpure-p-tops-q1-earnings-and-revenue-estimates
Important legal disclaimer

This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

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