Earnings release
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September 9 , 2021 sprinklr Sprinklr Announces Second Quarter Fiscal 2022 Results - Q2 Total Revenue of $ 118.7 million , up 27 % year - over - year - Q2 Subscription Revenue of $ 103.3 million , up 25 % year - over - year ■ - 74 Customers Paying $ 1 Million or More in Subscription Revenue , up 23 % year - over - year NEW YORK , Sept. 9 , 2021 / PRNewswire / --Sprinklr ( NYSE : CXM ) , the unified customer experience management ( Unified - CXM ) platform for modern enterprises , today reported financial results for its second quarter ended July 31 , 2021 . " Our third consecutive quarter of accelerating revenue growth , and the continued trust that the world's largest and most iconic global enterprises place in Sprinklr , is a testament to the growing need for a Unified - CXM platform . Brands choose our leading Al and our unique ability to connect all customer - facing functions to engage customers on the channels they prefer for a truly unified customer experience , " said Ragy Thomas , Sprinklr Founder and CEO . Second Quarter Fiscal 2022 Financial Highlights • Revenue : Total revenue for the second quarter was $ 118.7 million , up from $ 93.5 million one year ago , an increase of 27 % year - over - year . Subscription revenue for the second quarter was $ 103.3 million , up from $ 82.8 million one year ago , an increase of 25 % year - over - year . • Operating ( Loss ) Income and Margin : Second quarter operating loss was $ 29.3 million , compared to operating income of $ 4.9 million one year ago . Non - GAAP operating loss was $ 11.4 million , compared to non - GAAP operating income of $ 10.9 million one year ago . For the second quarter , GAAP operating margin was ( 25 ) % and non - GAAP operating margin was ( 10 ) % . Net ( Loss ) Income Per Share : Second quarter net loss per share was $ 0.20 , compared to net income per share of $ 0.02 in the second quarter of fiscal year 2021 . Non - GAAP net loss per share for the second quarter was $ 0.09 , compared to non GAAP net income per share of $ 0.05 in the second quarter of fiscal year 2021 . • Cash , Cash Equivalents and Marketable Securities : Completed its initial public offering and began trading on the NYSE ( " CXM " ) on June 23 , 2021. Net proceeds from the IPO were approximately $ 276.0 million , after deducting underwriters ' discounts and commissions and offering expenses . Total cash , cash equivalents and marketable securities as of July 31 , 2021 was $ 548.8 million . Financial Outlook