Sprinklr Inc (CXM)
Gross profit margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 574,266 | 577,151 | 574,160 | 566,266 | 552,909 | 532,307 | 509,161 | 482,634 | 454,465 | 424,321 | 395,946 | 368,829 | 344,843 | 319,990 | 297,743 | 282,593 | 264,848 | 255,365 |
| Revenue (ttm) | US$ in thousands | 796,394 | 788,062 | 773,698 | 754,955 | 732,360 | 703,484 | 674,410 | 646,575 | 618,190 | 588,526 | 558,331 | 526,393 | 492,394 | 460,839 | 430,115 | 404,921 | 386,930 | 375,806 |
| Gross profit margin | 72.11% | 73.24% | 74.21% | 75.01% | 75.50% | 75.67% | 75.50% | 74.64% | 73.52% | 72.10% | 70.92% | 70.07% | 70.03% | 69.44% | 69.22% | 69.79% | 68.45% | 67.95% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $574,266K ÷ $796,394K
= 72.11%
Sprinklr Inc's gross profit margin has shown a positive trend over the analyzed period, increasing steadily from 67.95% in October 2020 to 72.11% by January 2025. This indicates that the company has been able to effectively manage its cost of goods sold relative to its revenue, resulting in a higher percentage of revenue retained as gross profit. The consistent improvement in gross profit margin reflects positively on Sprinklr's operational efficiency and pricing strategies. However, the slight dip in gross profit margin observed in the last quarter of 2024 may warrant further investigation to identify any potential factors impacting profitability during that period. Overall, the trend of increasing gross profit margin is a favorable indicator of Sprinklr's financial performance and ability to generate profits from its core business activities.
Peer comparison
Jan 31, 2025