CXM - Sprinklr Inc. (CXM) Q1 2025 Earnings Call Transcript
2024-06-05 21:02:09 ET
Sprinklr, Inc. (CXM)
Q1 2025 Earnings Conference Call
June 05, 2024, 05:00 PM ET
Company Participants
Eric Scro - Vice President, Finance
Ragy Thomas - Founder and Co-CEO
Trac Pham - Co-CEO
Manish Sarin - CFO
Conference Call Participants
Raimo Lenschow - Barclays
Arjun Bhatia - William Blair
Elizabeth Porter - Morgan Stanley
Matt VanVliet - BTIG
Michael Vidovic - KeyBanc
Brett Knoblauch - Cantor Fitzgerald
Pat Walravens - Citizens JMP
Catharine Trebnick - Rosenblatt
Michael Berg - Wells Fargo
Presentation
Operator
Greetings, and welcome to Sprinklr Q1 Full Year 2025 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Eric Scro, VP Finance. Thank you, Eric. You may begin.
Eric Scro
Thank you, Alicia, and welcome, everyone, to Sprinklr's first quarter fiscal year 2025 financial results call. Joining us today are Ragy Thomas, Sprinklr's Founder and Co-Chief Executive Officer; Trac Pham, Co-Chief Executive Officer; and Manish Sarin, Chief Financial Officer. We issued our earnings release a short time ago, filed the Form 8-K with the SEC, and we've made them available on the Investor Relations section of our website, along with the supplementary investor presentation.
During today's call, we'll be making some forward-looking statements about the business and about the financial results of Sprinklr that involve many assumptions, risks and uncertainties, including our guidance for the second fiscal quarter and full fiscal year of 2025, the impact of our corporate strategies and changes to our leadership team, the benefits of our platform and our market opportunity. Our actual results might differ materially from such forward-looking statements.
Any forward-looking statements that we make on this call are based on our beliefs and assumptions as of today, and we disclaim any obligation to update them. For more details on the risks associated with these forward-looking statements, please refer to our filings with the SEC also posted on our website, including Sprinklr's quarterly report on Form 10-Q for the quarter ended April 30, 2024.
And with that, I'll now turn it to Ragy.
Ragy Thomas
Thank you, Eric, and hello, everyone.
Q1 total revenue grew 13% year-over-year to $196 million, and subscription revenue grew 12% year-over-year, to $177.4 million. We generated $20.4 million in non-GAAP operating income, which resulted in a 10% non-GAAP operating margin for the quarter....
Sprinklr, Inc. (CXM) Q1 2025 Earnings Call Transcript