Forensic Analysis · Technology / Software · as of Aug 11, 2026
Sprinklr, Inc. (CXM)
A forensic read on Sprinklr, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Safe
Financial health
2.8
Distress distance
Clean
Earnings quality
4
Forensic signals
56.1
P / E (ttm)
3.9%
ROE
$1.6B
Market cap
7.6%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Sprinklr, Inc. earns a D (Weak — demands caution) forensic quality grade, and its balance-sheet distress test reads 2.8, placing it in the Safe zone. 4 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
5.4%
FY2026
Return on invested capital.Return on invested capital is 5.4% in the latest fiscal year and rising from -11% — well below its ~10% cost of capital, so reinvested dollars may be destroying value, not building it.
-0.2%/yr
FY2022–FY2026
Share count.Diluted share count changed -1% over the last 4 years to FY2026 (-0.2%/yr). Roughly flat — buybacks ($152M) are about offsetting stock comp ($84M), not shrinking the count. Per-share value isn't being meaningfully helped or hurt by the count.
10% of rev
FY2026
Stock-based comp load.Stock-based compensation ran 10% of revenue and 54% of free cash flow in FY2026 — about $0.33 per diluted share. The cost of it is not in the cash flow — no cash left the business — it is in the count, and there it has run at about 7.6% a year and is falling.
96% of FCF
FY2026
Shareholder returns.Returned $152M to shareholders (buybacks + dividends) in FY2026 — 96% of free cash flow. Right at the limit of what free cash flow covers — little room before it's funded by debt or the balance sheet. That ratio has been CLIMBING toward the limit — 0% of free cash flow a few years back — not just sitting there. Counting the $84M of stock-based comp paid out in shares on top of that, the combined claim on free cash flow is 150%.
Key fundamentals
Latest Revenue$857.2M
Revenue Growth YoY+7.6%
Net Margin2.7%
Free Cash Flow$157.8M
Return on Equity3.9%
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Sprinklr, Inc.'s actual 10-K/10-Q/8-K filings?