Revenue Growth
Second quarter total revenue grew 8% year over year to $212 million, and subscription revenue grew 6% year over year to $188.5 million.
Non-GAAP Operating Income
Generated a record $38.2 million in non-GAAP operating income, resulting in an 18% non-GAAP operating margin for the quarter.
Project BearHug Success
Project BearHug is positively impacting customer relations, with detailed engagements with nearly half of the top 700 customers, who represent more than 80% of total revenue.
New Leadership Hires
Hired Bit Rambusch as Head of Global Services and Support and Scott Millar as Chief Revenue Officer, bringing experienced leadership to drive growth.
AI and Product Innovation
Investments in AI functionality in marketing, insights, and CCaaS products are showing strong uptake, and new AI-based product enhancements are driving customer satisfaction.
Increase in Large Customers
As of July 31, Sprinklr has 149 customers generating at least $1 million in annual subscription revenue, an increase of three from the previous quarter.