Sprinklr, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Net (Loss) Income Per Share

Net (Loss) Income Per Share

3 Months Ended

Apr. 30, 2025

The Company has two classes of common stock: Class A common stock and Class B common stock. The rights of the holders of Class A common stock and Class B common stock are identical, except with respect to voting, conversion and transfer rights. As the liquidation and dividend rights are identical, the undistributed earnings are allocated on a proportionate basis to each class of common stock and the resulting basic and diluted net (loss) income per share attributable to common stockholders are, therefore, the same for both Class A and Class B common stock on both an individual and combined basis.

Basic net (loss) income per share is computed by dividing net (loss) income attributable to common stockholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) for the period. Diluted net (loss) income per share is calculated by giving effect to all potential dilutive common stock equivalents, which includes stock options, restricted stock units and other awards. In periods of losses, diluted loss per share is computed on the same basis as basic loss per share, as the inclusion of any other potential shares outstanding would be anti-dilutive.

The following table sets forth the computation of basic and diluted net (loss) income per share:


	Three Months Ended April 30,
(in thousands, except per share data)		2025		2024
Net (loss) income per share – basic:
Numerator:
Net (loss) income		$	(1,568)	$	10,634
Denominator:
Weighted-average shares outstanding used in computing net (loss) income per share, basic		256,647		271,664
Net (loss) income per common share, basic		$	(0.01)	$	0.04
Net (loss) income per share – diluted:
Numerator:
Net (loss) income		$	(1,568)	$	10,634
Denominator:
Weighted-average shares outstanding used in computing net (loss) income per share, basic		256,647		271,664
Weighted-average effect of diluted securities:
Stock options		—		8,523

RSUs		—		3,334
Common stock warrants		—		511

Weighted-average shares outstanding used in computing net (loss) income per share, diluted		256,647		284,032
Net (loss) income per common share, diluted		$	(0.01)	$	0.04

Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:


	Three Months Ended April 30,
(in thousands)		2025	2024
Stock options		17,601	2,436
PSUs		3,447	780
RSUs		19,784	1,003
ESPP		353	24
Warrants to purchase common stock		2,500	—
Total shares excluded from net (loss) income per share		43,685	4,243