Sprinklr, Inc. has reported its financial results for the second quarter of fiscal year 2027, which ended on July 31, 2026. The company announced total revenue of $213.7 million for the quarter, representing a year-over-year increase of 1%. Subscription revenue, which constitutes the majority of the company's income, reached $194.8 million, an increase of 3% compared to the same period in the prior year.
Regarding profitability, Sprinklr reported GAAP operating income of $10.0 million for the quarter, down from $16.3 million in the prior year. The GAAP operating margin was 5%. On a non-GAAP basis, operating income was $31.3 million, with a margin of 15%. The company also reported GAAP net income per share of $0.03 and non-GAAP net income per share of $0.11.
On the balance sheet, Sprinklr held total cash, cash equivalents, and marketable securities of $452.9 million as of July 31, 2026. The company reported net cash provided by operating activities of $18.2 million and free cash flow of $13.1 million for the quarter.
In terms of business performance, the company reported Remaining Performance Obligations (RPO) of $1.03 billion, which is up 11% year-over-year. Current RPO (cRPO) increased by 3% year-over-year.
Sprinklr has provided updated guidance for the remainder of fiscal 2027. For the third quarter ending October 31, 2026, the company expects subscription revenue between $196.0 million and $197.0 million and total revenue between $215.0 million and $216.0 million. For the full fiscal year ending January 31, 2027, the company expects subscription revenue between $782.5 million and $784.5 million and total revenue between $866.5 million and $868.5 million.
