Earnings release
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sprinklr Sprinklr Announces Third Quarter Fiscal 2022 Results December 9 , 2021 • Q3 Total Revenue of $ 127.1 million , up 32 % year - over - year • Q3 Subscription Revenue up 29 % year - over - year • RPO up 29 % year - over - year¹ • 80 $ 1 million customers , up 29 % year - over - year² NEW YORK -- ( BUSINESS WIRE ) -- Sprinklr ( NYSE : CXM ) , the unified customer experience management ( Unified - CXM ) platform for modern enterprises , today reported financial results for its third quarter ended October 31 , 2021 . " This is our fourth consecutive quarter of accelerating revenue growth and we couldn't be more pleased with our team's relentless focus on our customers . The most iconic enterprise brands continue to validate that the rise of Unified - CXM is inevitable . And only a platform designed with industry leading Al can solve their most complex problems . Sprinklr is well positioned to become the strategic partner brands need to unify customer experiences across channels , teams , markets and products for a truly unified experience , " said Ragy Thomas , Sprinklr Founder and CEO . Third Quarter Fiscal 2022 Financial Highlights • Revenue : Total revenue for the third quarter was $ 127.1 million , up from $ 96.3 million one ear ago , an increase of 32 % year - over - year . Subscription revenue for the third quarter was $ 109.9 million , up from $ 85.0 million one year ago , an increase of 29 % year - over - year . • Operating ( Loss ) Income and Margin : Third quarter operating loss was $ 26.3 million , compared to operating loss of $ 15.3 million one year ago . Non - GAAP operating loss was $ 13.5 million , compared to non - GAAP operating income of $ 8.1 million one year ago . For the third quarter , GAAP operating margin was ( 21 ) % and non - GAAP operating margin was ( 11 ) % . Net ( Loss ) Income Per Share : Third quarter net loss per share was $ 0.11 , compared to net loss per share of $ 0.21 in the third quarter of fiscal year 2021. Non - GAAP net loss per share for the third quarter was $ 0.06 , compared to non - GAAP net income per share of $ 0.02 in the third quarter of fiscal year 2021 . Cash , Cash Equivalents and Marketable Securities : Total cash , cash equivalents and marketable securities as of October 31 , 2021 was $ 541.5 million . Financial Outlook Sprinklr is providing the following guidance for the fourth fiscal quarter ending January 31 , 2022 : Subscription revenue between $ 113 million and $ 115 million .