Sprinklr Inc (CXM)

Gross profit margin

		Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022
Gross profit (ttm)	US$ in thousands	552,959	532,307	509,161	482,634	454,465	424,322	395,947	368,830
Revenue (ttm)	US$ in thousands	732,360	703,484	674,410	646,575	618,190	588,525	558,330	525,140
Gross profit margin		75.50%	75.67%	75.50%	74.64%	73.52%	72.10%	70.92%	70.23%

January 31, 2024 calculation

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

Sprinklr Inc has shown consistent improvement in its gross profit margin over the past eight quarters, demonstrating a positive trend in its ability to generate profits from its core business operations. The company's gross profit margin has been steadily increasing from 70.23% in April 2022 to 75.50% in January 2024. This upward trajectory indicates that Sprinklr Inc has been effectively managing its cost of goods sold and maximizing its revenue generation.

The consistent improvement in the gross profit margin reflects positively on Sprinklr Inc's operational efficiency and pricing strategies. It suggests that the company has been able to maintain strong control over its production costs while effectively pricing its products or services to achieve a higher margin. This trend may indicate potential operational improvements, economies of scale, or pricing power within the industry.

Overall, the steady increase in Sprinklr Inc's gross profit margin is a positive indicator of the company's financial performance and ability to generate profits from its core business activities. It signals efficiency in cost management and pricing strategies, which are crucial factors for sustainable and profitable business operations.