Sprinklr Inc (CXM)
Net profit margin
Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | ||
---|---|---|---|---|
Net income | US$ in thousands | 51,403 | -55,742 | -111,470 |
Revenue | US$ in thousands | 732,360 | 618,190 | 489,128 |
Net profit margin | 7.02% | -9.02% | -22.79% |
January 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $51,403K ÷ $732,360K
= 7.02%
Sprinklr Inc's net profit margin has shown improvement over the past three years, indicating the company's ability to effectively manage its expenses relative to its revenue. In January 2024, the net profit margin stood at 7.02%, a significant increase from the negative margins in the previous two years (-9.02% in 2023 and -22.79% in 2022). This positive trend suggests that Sprinklr Inc has worked towards enhancing its profitability by either increasing revenues, reducing costs, or a combination of both. Overall, the company's improving net profit margin reflects a more efficient and sustainable financial performance.
Peer comparison
Jan 31, 2024