Sprinklr (CXM) Q2 2027 Earnings Call Transcript
Sprinklr (CXM) reported Q2 2027 revenue of $213.7M, up 1% YoY, with subscription revenue growing 3% YoY. Professional services revenue declined 20% YoY. Non-GAAP operating income was $31.3M, with a 15% margin. Total RPO grew 11% YoY to $1.03B. Q3 revenue guidance is $215M-$216M, with subscription revenue projected at $196M-$197M. CEO Rory Read will lead services organization interim to improve performance. The company added Tom Addis as CRO and Jordi Ribas to its board.
How this was made

The 30-second read
Why it matters
The earnings release offers new data on revenue composition, margin trends, and cash flow, informing valuation and short‑term trading decisions.
Market read
Provides fresh earnings and guidance for Sprinklr, a mid‑cap SaaS player, with implications for subscription‑focused investors.
What to watch
Potential upside from AI‑native SKU adoption and large multi‑year contracts not fully reflected in guidance.
Background
Sprinklr (CXM) released its Q2 FY2027 earnings via a conference call, providing detailed financials and forward guidance.
Ticker impact
Q2 FY2027 results disclosed: $213.7M revenue, 1% YoY growth, guidance raised for full-year subscription revenue and free cash flow, plus 22M share repurchase.
Potential modest upside if investors focus on subscription growth and buyback, but downside risk from services margin pressure.
Guidance improvements are modest and services segment remains a drag; market may price in the buyback already.
Market effects
Highlights ongoing transition to subscription models in the CXM SaaS sector, may pressure peers with higher services exposure.
U.S. tech SaaS segment sees mixed signals; limited broader market effect.
Limited to investors tracking mid‑cap SaaS companies.
Counterpoint
If services margin improves faster than expected, the stock could rally sharply, making the modest guidance look overly conservative.
Key entities
- ExecutiveRory Read
President and CEO, announced interim leadership of services organization.
- ExecutiveAnthony Coletta
CFO, discussed margin pressure and cash flow outlook.




