Sprinklr repurchased shares in Q2 fiscal 2027 as part of ongoing program
CXM spent $125.8M on buybacks in first half of fiscal 2027; authorization size not disclosed in this filing.
What the filing says
Sprinklr reported share-repurchase execution activity during the first six months of fiscal 2027 ending July 31, 2026. The company paid $125.8 million for repurchase of Class A common shares and related excise tax in the six-month period, down from $140.8 million in the corresponding prior-year period.
The earnings release does not disclose the authorization size, the number of shares repurchased, or the average price paid per share. The forward-looking statements section notes that "the risk that the potential benefits of the stock repurchase program are not realized" is a material uncertainty, implying an active or recently active program, though the program's terms and authorization date are not specified in this filing.
Sprinklr held $452.9 million in cash, cash equivalents, and marketable securities as of July 31, 2026. The company's treasury stock line on the balance sheet showed zero balance as of that date, compared to a $23.8 million treasury balance one year prior, suggesting prior repurchase activity has been reclassified within equity.
During the first fiscal quarter of fiscal year 2027, the Company changed the presentation of its share repurchase activity within stockholders' equity from accumulated deficit to additional paid‑in capital. Prior-period balances have been recast to conform to the current-period presentation. This change represents a reclassification within equity only and does not affect total stockholders' equity, net income, or cash flows. — Sprinklr, Inc. 8-K filing · View on SEC EDGAR →
What this means
Sprinklr is actively repurchasing its own shares, having spent approximately $126 million in the first half of fiscal 2027. The filing does not disclose the authorization cap, execution mechanism, or share counts, limiting transparency on the program's scope and pace. The reclassification of share-repurchase activity from accumulated deficit to additional paid-in capital is a presentational change only and does not affect economic results. With $453 million in liquid assets and an estimated 237–240 million diluted shares outstanding, the company appears to have sufficient balance-sheet capacity to continue buybacks at a measured pace.
Frequently asked questions
- How much did Sprinklr spend on buybacks in the first half of fiscal 2027?
- Sprinklr spent $125.8 million on repurchase of Class A common shares and related excise tax in the six months ended July 31, 2026. This was down from $140.8 million in the same period a year prior.
- What is the total authorized buyback amount under Sprinklr's repurchase program?
- The authorization size is not disclosed in this earnings release. The filing references a stock repurchase program only in forward-looking statements and the presentation reclassification note, without providing program terms or limits.
- How many shares did Sprinklr repurchase and at what average price?
- The filing does not disclose the number of shares repurchased or the average price paid per share for any period. Only the total cash outlay is reported.
- Does Sprinklr have sufficient capital to continue share repurchases?
- Yes. As of July 31, 2026, Sprinklr held $452.9 million in cash, cash equivalents, and marketable securities. Operating cash flow for the six-month period was $88.5 million, providing ongoing liquidity to fund buybacks alongside operations.
- Why did Sprinklr reclassify share repurchase activity on its balance sheet?
- In Q1 fiscal 2027, the company changed presentation of repurchase activity from accumulated deficit to additional paid-in capital. This is a reclassification within equity only and does not affect total stockholders' equity, net income, or cash flows.
- How does the first-half fiscal 2027 buyback spending compare to the prior year?
- Sprinklr's six-month repurchase spending of $125.8 million was approximately 11% lower than the $140.8 million spent in the first half of fiscal 2026, suggesting a moderated pace in the current period.