Sprinklr shares jumped 4.8% in premarket trading Wednesday after the software firm reported better-than-expected results for the third quarter of fiscal 2026 and provided an above-consensus guidance.
The company reported earnings per share (EPS) of $0.12, ahead of expectations for $0.09, while revenue rose 9% to $219.1 million, topping the $209.56 million consensus. Subscription revenue increased 5% to $190.3 million.
Remaining performance obligations (RPOs) slipped 5% from a year earlier, though current RPO edged up 3%. The customer base continued to scale, with 145 clients generating at least $1 million in annualized value.
Non-GAAP operating income reached $33.5 million, up from $23.0 million a year ago. Non-GAAP operating margin widened to 15% from 11% in the prior-year quarter.
“Our Q3 results reflect continued progress in our transformation to better serve customers and partners. While there’s more work ahead, we’re encouraged by the improving quality of customer engagements and remain focused on closing the year with momentum to establish a strong foundation for FY27,” said Rory Read, Sprinklr President and CEO.
For the fiscal fourth quarter ending January 31, 2026, Sprinklr expects revenue of $216.5 million to $217.5 million, topping the consensus projection of $209.5 million. Subscription revenue is projected between $191 million and $192 million.
The company forecast full-year EPS of $0.43 to $0.44, in line with market expectations. Full-year revenue is projected at $853 million to $854 million, above the $838 million consensus, with subscription revenue expected to reach $754 million to $755 million.
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