Estados financieros detallados de Sprinklr, Inc. (CXM): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Sprinklr, Inc. registró ingresos de $857.2M en el último ejercicio fiscal, con un CAGR de 5 años del 17.2%.
Márgenes de los últimos 12 meses: margen bruto 65.6%, margen operativo 5.4%, margen neto 2.7%. El flujo de caja libre creció a un CAGR del 185.8% en 5 años.
Al precio actual de $5.59, CXM cotiza a un P/E de 53.77 y un ROE del 4.29%. La capitalización bursátil es de $1.4B.
Cuenta de Resultados (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Ingresos | $324.3M | $386.9M | $492.4M | $618.2M | $732.4M | $796.4M | $857.2M |
| Coste de Ventas | $123.2M | $122.1M | $147.6M | $163.7M | $179.4M | $221.8M | $279.4M |
| Beneficio Bruto | $201.1M | $264.8M | $344.8M | $454.5M | $553.0M | $574.6M | $577.8M |
| I+D | $32.5M | $40.3M | $60.6M | $76.7M | $91.3M | $92.0M | $96.0M |
| Generales y Administrativos | $204.2M | $250.1M | $371.7M | $429.0M | $423.4M | $456.2M | $424.8M |
| Gastos Operativos | $236.6M | $290.4M | $444.3M | $505.7M | $519.0M | $550.6M | $520.8M |
| Beneficio Operativo | -$35.5M | -$25.6M | -$99.5M | -$51.2M | $33.9M | $24.0M | $59.1M |
| EBITDA | -$33.4M | -$22.4M | -$82.8M | -$44.6M | $44.4M | $32.9M | $78.2M |
| Gastos por Intereses | 0 | $5.5M | $3.2M | 0 | 0 | -$26.0M | 0 |
| Beneficio Antes de Impuestos | -$36.5M | -$37.4M | -$104.6M | -$47.5M | $60.5M | $48.3M | $66.8M |
| Impuestos | $3.3M | $3.8M | $6.9M | $8.3M | $9.1M | -$73.3M | $43.9M |
| Beneficio Neto | -$39.8M | -$41.2M | -$111.5M | -$55.7M | $51.4M | $121.6M | $22.9M |
| BPA | $-0.16 | $-0.16 | $-0.43 | $-0.21 | $0.19 | $0.47 | $0.09 |
| BPA Diluido | $-0.16 | $-0.16 | $-0.43 | $-0.21 | $0.18 | $0.44 | $0.09 |
| Acciones en Circulación (Diluidas) | $249.8M | $249.8M | $256.5M | $259.5M | $287.1M | $274.8M | $258.0M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q4 | 2026-Q1 | 2026-Q2 | 2026-Q3 |
|---|
| Ingresos | $219.1M | $220.6M | $219.5M | $213.7M |
| Beneficio Bruto | $145.5M | $144.8M | $143.0M | $139.2M |
| Beneficio Operativo | $12.3M | $15.4M | $10.0M | $9.5M |
| EBITDA | $17.1M | $20.3M | $14.2M | $9.5M |
| Beneficio Neto | $2.9M | $9.0M | $4.2M | $7.1M |
| BPA | $0.01 | $0.04 | $0.02 | $0.03 |
| BPA Diluido | $0.01 | $0.04 | $0.02 | $0.03 |
Balance (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Caja y Equivalentes | $10.5M | $68.0M | $321.4M | $188.4M | $164.0M | $145.3M | $163.0M |
| Inversiones a Corto | 0 | $212.7M | $211.0M | $390.2M | $498.5M | $338.2M | $339.5M |
| Cuentas por Cobrar | $111.2M | $117.1M | $166.8M | $212.2M | $275.6M | $293.3M | $288.7M |
| Inventario | $36.1M | $62.2M | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $184.6M | $492.8M | $805.3M | $862.5M | $1.00B | $854.1M | $888.0M |
| Inmovilizado Material | $7.3M | $9.0M | $14.7M | $38.6M | $63.2M | $76.2M | $76.5M |
| Fondo de Comercio | $47.1M | $47.4M | $49.9M | $50.0M | -$20.1M | $50.0M | $50.1M |
| Activos Intangibles | $1.2M | $5.0M | $9.2M | $15.7M | $70.3M | $21.0M | 0 |
| Activos Totales | $268.3M | $585.9M | $920.0M | $1.02B | $1.22B | $1.18B | $1.21B |
| Cuentas por Pagar | $10.5M | $17.0M | $15.8M | $30.1M | $34.7M | $27.4M | $33.8M |
| Deuda a Corto | 0 | 0 | 0 | 0 | -$500000 | 0 | 0 |
| Pasivos Corrientes | $257.1M | $301.6M | $388.4M | $458.9M | $508.2M | $517.6M | $554.1M |
| Deuda a Largo | 0 | $78.8M | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $290.6M | $403.2M | $404.2M | $475.7M | $543.4M | $572.1M | $612.4M |
| Reservas | -$299.5M | -$341.3M | -$441.6M | -$496.6M | -$474.8M | -$626.1M | -$754.3M |
| Patrimonio Neto | -$22.4M | $182.7M | $515.8M | $549.3M | $679.7M | $612.1M | $592.6M |
| Deuda Total | 0 | $78.8M | 0 | $16.8M | $33.3M | $48.7M | $46.7M |
| Deuda Neta | -$10.5M | -$201.8M | -$532.4M | -$561.9M | -$629.3M | -$434.8M | -$455.8M |
| Capital Circulante | -$72.5M | $191.2M | $416.9M | $403.6M | $492.8M | $336.5M | $333.9M |
Balance (Trimestral)
| Año | 2025-Q4 | 2026-Q1 | 2026-Q2 | 2026-Q3 |
|---|
| Caja y Equivalentes | $189.6M | $163.0M | $163.3M | $231.4M |
| Activos Totales | $1.05B | $1.21B | $1.06B | $1.05B |
| Pasivos Totales | $495.8M | $612.4M | $573.4M | $532.3M |
| Patrimonio Neto | $558.1M | $592.6M | $488.5M | $519.5M |
| Deuda Total | $88.6M | $46.7M | $43.8M | $41.4M |
Flujo de Caja (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Beneficio Neto | -$39.8M | -$41.2M | -$111.5M | -$55.7M | $51.4M | $121.6M | $22.9M |
| Amortizaciones | $4.4M | $5.7M | $8.1M | $12.1M | $15.5M | $18.7M | $19.1M |
| Compensación en Acciones | $10.2M | $43.9M | $50.1M | $55.5M | $55.8M | $59.5M | $84.4M |
| Cambio en Capital Circulante | $42.9M | -$6.7M | $6.3M | $18.7M | -$45.8M | -$41.6M | $8.7M |
| Flujo de Caja Operativo | $19.0M | $7.3M | -$32.9M | $26.7M | $71.5M | $77.6M | $159.2M |
| Inversiones (CapEx) | -$5.2M | -$6.5M | -$12.4M | -$16.4M | -$20.3M | -$5.8M | -$1.4M |
| Adquisiciones | -$6.5M | 0 | -$3.6M | $10.4M | 0 | 0 | 0 |
| Recompra de Acciones | 0 | -$18.3M | 0 | $10.2M | -$26.7M | -$273.9M | -$152.3M |
| Dividendos Pagados | 0 | -$600000 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $13.8M | $827000 | -$45.3M | $10.2M | $51.1M | $71.8M | $157.8M |
Flujo de Caja (Trimestral)
| Año | 2025-Q4 | 2026-Q1 | 2026-Q2 | 2026-Q3 |
|---|
| Flujo de Caja Operativo | $20.0M | $20.7M | $70.4M | $18.2M |
| Inversiones (CapEx) | -$185000 | -$3.6M | -$328000 | -$373000 |
| Flujo de Caja Libre | $19.8M | $17.1M | $70.0M | $17.8M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $20.4M | $21.5M | $20.0M | $20.4M |
Crecimiento y Márgenes (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Crecimiento Ingresos (anual) | | +19.3% | +27.3% | +25.5% | +18.5% | +8.7% | +7.6% |
| Crecimiento Beneficio Neto (anual) | | -3.5% | -170.7% | +50.0% | +192.2% | +136.6% | -81.2% |
| Crecimiento BPA (anual) | | +0.0% | -168.8% | +51.2% | +190.5% | +147.4% | -80.6% |
| Cambio en Acciones (anual) | | +0.0% | +2.7% | +1.2% | +10.6% | -4.3% | -6.1% |
| Crecimiento FCF (anual) | | -94.0% | -5581.0% | +122.5% | +400.8% | +40.4% | +119.8% |
| Margen Bruto | 62.0% | 68.4% | 70.0% | 73.5% | 75.5% | 72.2% | 67.4% |
| Margen Operativo | -11.0% | -6.6% | -20.2% | -8.3% | 4.6% | 3.0% | 6.9% |
| Margen EBITDA | -10.3% | -5.8% | -16.8% | -7.2% | 6.1% | 4.1% | 9.1% |
| Margen Neto | -12.3% | -10.6% | -22.6% | -9.0% | 7.0% | 15.3% | 2.7% |
| Margen FCF | 4.3% | 0.2% | -9.2% | 1.7% | 7.0% | 9.0% | 18.4% |
| Tasa Impositiva Efectiva | -9.1% | -10.1% | -6.6% | -17.4% | 15.1% | -151.8% | 65.7% |
Datos por Acción (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| FCF por Acción | $0.06 | $0.00 | $-0.18 | $0.04 | $0.18 | $0.26 | $0.61 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $249.8M | $249.8M | $256.5M | $259.5M | $270.0M | $260.2M | $250.8M |
Qué mirar en empresas de Technology
- Crecimiento de ingresos 3a (≥15%/año) — Valida tracción sostenida, no un año puntual.
- Margen bruto (Depende del sub-sector) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Ingresos (≥20%) — Caja real generada. Muchas tech maquillan beneficios non-GAAP.
- ROIC (≥15%) — Eficiencia del capital reinvertido — la primera métrica de Buffett.
- SBC / Ingresos (<10% saludable) — Stock-based compensation. Dilución silenciosa: >20% destruye valor.
- Deuda Neta / EBITDA (≤2x (1,5x SaaS)) — Resistencia en recesiones y subidas de tipos.
Rentabilidad
| Rentabilidad sobre capital | 4.29% |
| Rentabilidad sobre capital invertido | 2.80% |
| Rentabilidad sobre activos | 2.20% |
| Margen bruto | 65.59% |
| Margen operativo | 5.40% |
| Margen neto | 2.65% |
Salud financiera
| Deuda / Patrimonio | 0.08 |
| Ratio corriente | 1.56 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 1.90 |
Ratios Clave (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| P/E | -110.00 | -110.00 | -26.16 | -47.33 | 65.68 | 18.96 | 69.88 |
| P/VC | -196.66 | 24.05 | 5.59 | 4.70 | 4.96 | 3.79 | 2.70 |
| P/V | 13.56 | 11.36 | 5.86 | 4.17 | 4.60 | 2.91 | 1.87 |
| Margen Bruto | 62.0% | 68.4% | 70.0% | 73.5% | 75.5% | 72.2% | 67.4% |
| Margen Operativo | -11.0% | -6.6% | -20.2% | -8.3% | 4.6% | 3.0% | 6.9% |
| Margen Neto | -12.3% | -10.6% | -22.6% | -9.0% | 7.0% | 15.3% | 2.7% |