Sprinklr Inc (CXM)

Gross profit margin

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022
Gross profit	US$ in thousands	552,959	454,465	344,843
Revenue	US$ in thousands	732,360	618,190	489,128
Gross profit margin		75.50%	73.52%	70.50%

January 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $552,959K ÷ $732,360K
= 75.50%

Sprinklr Inc's gross profit margin has been showing a positive trend over the past three fiscal years. The company's gross profit margin increased from 70.50% in January 2022 to 73.52% in January 2023, and further improved to 75.50% in January 2024. This upward trajectory indicates that Sprinklr Inc has been effectively managing its production costs and optimizing its pricing strategies to enhance profitability. The consistent improvement in gross profit margin reflects the company's ability to generate more profit from sales after accounting for the cost of goods sold. Overall, the increasing trend in Sprinklr Inc's gross profit margin demonstrates a positive financial performance and efficiency in its operations.