Sprinklr reported first-quarter fiscal 2027 revenue of $219.5 million, up 7% from $205.5 million a year earlier, as subscription revenue rose 6% to $194.8 million from $184.1 million.
The company swung to operating profit, posting GAAP operating income of $10.6 million versus a loss of $1.8 million in the prior-year quarter. GAAP operating margin improved to 5% from negative 1%.
On a per-share basis, GAAP net income came in at $0.02 diluted, compared with a loss of $0.01 a year ago.
Cash generation strengthened as net cash from operating activities reached $70.4 million and free cash flow was $65.8 million. Sprinklr ended the quarter with $442.8 million in cash, cash equivalents and marketable securities.
Remaining performance obligations climbed to $1.04 billion, up 10% year over year, while current RPO increased 5%.
For the second fiscal quarter, Sprinklr guided to subscription revenue of $193.5 million to $194.5 million and total revenue of $214 million to $215 million. For the full year, it raised its outlook to subscription revenue of $779.5 million to $781.5 million and total revenue of $866.5 million to $868.5 million. As a result of these announcements, the company's shares have moved -4.18% on the market, and are now trading at a price of $5.385. For the full picture, make sure to review Sprinklr's 8-K report.
