Q4 Revenue and Subscription Growth
Total revenue for Q4 was $220.6M, up 9% year-over-year; subscription revenue was $193.4M, up 6% year-over-year.
Improved Profitability and Margins
Q4 non-GAAP operating income was $37.7M, representing a 17% non-GAAP operating margin; full-year FY '26 non-GAAP operating income was $146.2M, up 63% year-over-year with a 17% margin.
Strong Free Cash Flow and Balance Sheet
Generated $15.9M in free cash flow in Q4 and $142M for FY '26 (up 140% year-over-year); cash and marketable securities totaled $502.5M and the company has no debt.
AI SKU ARR Acceleration
ARR from generative AI-native Sprinklr Service SKUs grew 50% year-over-year, driven by demand for AI agents, contact center intelligence and agent copilot.
Renewals and Customer Contract Strengthening
Q4 renewal rate was the best of the last four quarters; majority of FY '26 renewal dollars were multiyear deals, increasing average contract length; net dollar expansion rate for the $1M+ customer cohort was 115% with average revenue per customer in that cohort above $3M.
Large Customer Wins and Strategic Partnerships
Signed a flagship global payments partnership (standardizing multiple teams across >200 markets) and deepened a major U.S. telecom relationship where ARR doubled year-over-year and increased sixfold over two years.
Operational Progress from Transformation
Company reports meaningful operational progress in FY '26: cost-structure optimization, go-to-market revamp, leadership strengthening and Project Bear Hug driving improved discipline and customer centricity.