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

Quarterly report [Sections 13 or 15(d)]

Net Income (Loss) Per Share

Net Income (Loss) Per Share

3 Months Ended

Apr. 30, 2026

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

Basic net income (loss) per share is computed by dividing net income (loss) attributable to common stockholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) for the period. Diluted net income (loss) per share is

calculated by giving effect to all potential dilutive common stock equivalents, which includes stock options, RSUs, PSUs, and other awards.

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


	Three Months Ended April 30,
(in thousands, except per share data)		2026		2025
Net income (loss) per share – basic:
Numerator:
Net income (loss)		$	4,181	$	(1,568)
Denominator:
Weighted-average shares outstanding used in computing net income per share, basic		240,518		256,647
Net income (loss) per common share, basic		$	0.02	$	(0.01)
Net income (loss) per share – diluted:
Numerator:
Net income (loss)		$	4,181	$	(1,568)
Denominator:
Weighted-average shares outstanding used in computing net income (loss) per share, basic		240,518		256,647
Weighted-average effect of diluted securities:
Stock options		2,099		—
PSUs		261		—
RSUs		257		—

ESPP rights		—		—
Weighted-average shares outstanding used in computing net income (loss) per share, diluted		243,135		256,647
Net income (loss) per common share, diluted		$	0.02	$	(0.01)

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)		2026	2025
Stock options		5,141	17,601
PSUs		1,566	3,447
RSUs		20,535	19,784
ESPP rights		—	353
Warrants to purchase common stock		—	2,500
Total shares excluded from net income (loss) per share		27,242	43,685