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Side-by-side financial comparison of Sprinklr, Inc. (CXM) and Paymentus Holdings, Inc. (PAY). Click either name above to swap in a different company.

Paymentus Holdings, Inc. is the larger business by last-quarter revenue ($330.5M vs $219.1M, roughly 1.5× Sprinklr, Inc.). Paymentus Holdings, Inc. runs the higher net margin — 6.3% vs 1.3%, a 4.9% gap on every dollar of revenue. On growth, Paymentus Holdings, Inc. posted the faster year-over-year revenue change (28.1% vs 9.2%). Paymentus Holdings, Inc. produced more free cash flow last quarter ($45.0M vs $19.8M). Over the past eight quarters, Paymentus Holdings, Inc.'s revenue compounded faster (33.7% CAGR vs 6.2%).

Sprinklr is an American software company that develops a software as a service (SaaS) customer experience management (CXM) platform. The company's software, also called Sprinklr, combines different applications for social media marketing, social advertising, content management, collaboration, employee advocacy, customer care, social media research, and social media monitoring.

Paymentus Holdings, Inc. is a leading cloud-based bill payment and customer engagement technology provider. It offers integrated digital payment solutions, billing automation tools, and self-service portals for enterprises across utilities, financial services, government, healthcare, and telecommunications segments, primarily operating in the North American market.

CXM vs PAY — Head-to-Head

Bigger by revenue
PAY
PAY
1.5× larger
PAY
$330.5M
$219.1M
CXM
Growing faster (revenue YoY)
PAY
PAY
+19.0% gap
PAY
28.1%
9.2%
CXM
Higher net margin
PAY
PAY
4.9% more per $
PAY
6.3%
1.3%
CXM
More free cash flow
PAY
PAY
$25.3M more FCF
PAY
$45.0M
$19.8M
CXM
Faster 2-yr revenue CAGR
PAY
PAY
Annualised
PAY
33.7%
6.2%
CXM

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CXM
CXM
PAY
PAY
Revenue
$219.1M
$330.5M
Net Profit
$2.9M
$20.7M
Gross Margin
66.4%
25.4%
Operating Margin
5.3%
7.3%
Net Margin
1.3%
6.3%
Revenue YoY
9.2%
28.1%
Net Profit YoY
-72.2%
57.2%
EPS (diluted)
$0.01
$0.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CXM
CXM
PAY
PAY
Q4 25
$219.1M
$330.5M
Q3 25
$212.0M
$310.7M
Q2 25
$205.5M
$280.1M
Q1 25
$202.5M
$275.2M
Q4 24
$200.7M
$257.9M
Q3 24
$197.2M
$231.6M
Q2 24
$196.0M
$197.4M
Q1 24
$194.2M
$184.9M
Net Profit
CXM
CXM
PAY
PAY
Q4 25
$2.9M
$20.7M
Q3 25
$12.6M
$17.7M
Q2 25
$-1.6M
$14.7M
Q1 25
$98.7M
$13.8M
Q4 24
$10.5M
$13.1M
Q3 24
$1.8M
$14.4M
Q2 24
$10.6M
$9.4M
Q1 24
$21.1M
$7.2M
Gross Margin
CXM
CXM
PAY
PAY
Q4 25
66.4%
25.4%
Q3 25
68.2%
24.1%
Q2 25
69.5%
25.5%
Q1 25
71.0%
24.0%
Q4 24
71.2%
25.6%
Q3 24
72.6%
26.2%
Q2 24
73.9%
29.8%
Q1 24
75.5%
28.5%
Operating Margin
CXM
CXM
PAY
PAY
Q4 25
5.3%
7.3%
Q3 25
7.7%
6.4%
Q2 25
-0.9%
5.7%
Q1 25
5.2%
5.7%
Q4 24
3.9%
5.5%
Q3 24
-0.0%
5.2%
Q2 24
2.9%
5.2%
Q1 24
9.5%
4.5%
Net Margin
CXM
CXM
PAY
PAY
Q4 25
1.3%
6.3%
Q3 25
5.9%
5.7%
Q2 25
-0.8%
5.3%
Q1 25
48.7%
5.0%
Q4 24
5.2%
5.1%
Q3 24
0.9%
6.2%
Q2 24
5.4%
4.7%
Q1 24
10.9%
3.9%
EPS (diluted)
CXM
CXM
PAY
PAY
Q4 25
$0.01
$0.16
Q3 25
$0.05
$0.14
Q2 25
$-0.01
$0.11
Q1 25
$0.35
$0.11
Q4 24
$0.04
$0.11
Q3 24
$0.01
$0.11
Q2 24
$0.04
$0.07
Q1 24
$0.07
$0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CXM
CXM
PAY
PAY
Cash + ST InvestmentsLiquidity on hand
$189.6M
$320.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$558.1M
$560.4M
Total Assets
$1.1B
$667.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CXM
CXM
PAY
PAY
Q4 25
$189.6M
$320.9M
Q3 25
$125.4M
$287.9M
Q2 25
$126.4M
$266.4M
Q1 25
$145.3M
$245.8M
Q4 24
$93.2M
$205.9M
Q3 24
$119.1M
$187.5M
Q2 24
$126.8M
$188.8M
Q1 24
$164.0M
$180.1M
Stockholders' Equity
CXM
CXM
PAY
PAY
Q4 25
$558.1M
$560.4M
Q3 25
$543.4M
$537.4M
Q2 25
$639.8M
$516.7M
Q1 25
$612.1M
$500.4M
Q4 24
$497.0M
$485.6M
Q3 24
$469.0M
$468.8M
Q2 24
$610.9M
$451.6M
Q1 24
$679.7M
$439.4M
Total Assets
CXM
CXM
PAY
PAY
Q4 25
$1.1B
$667.9M
Q3 25
$1.1B
$644.4M
Q2 25
$1.2B
$609.5M
Q1 25
$1.2B
$590.9M
Q4 24
$970.3M
$576.2M
Q3 24
$983.8M
$552.9M
Q2 24
$1.1B
$527.7M
Q1 24
$1.2B
$514.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CXM
CXM
PAY
PAY
Operating Cash FlowLast quarter
$20.0M
$45.1M
Free Cash FlowOCF − Capex
$19.8M
$45.0M
FCF MarginFCF / Revenue
9.0%
13.6%
Capex IntensityCapex / Revenue
0.1%
0.0%
Cash ConversionOCF / Net Profit
6.87×
2.18×
TTM Free Cash FlowTrailing 4 quarters
$142.3M
$161.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CXM
CXM
PAY
PAY
Q4 25
$20.0M
$45.1M
Q3 25
$34.8M
$35.1M
Q2 25
$83.8M
$31.5M
Q1 25
$5.4M
$50.4M
Q4 24
$9.2M
$27.9M
Q3 24
$21.3M
$6.7M
Q2 24
$41.7M
$18.0M
Q1 24
$17.3M
$11.0M
Free Cash Flow
CXM
CXM
PAY
PAY
Q4 25
$19.8M
$45.0M
Q3 25
$34.4M
$35.0M
Q2 25
$83.5M
$31.4M
Q1 25
$4.6M
$50.4M
Q4 24
$8.2M
$27.8M
Q3 24
$19.8M
$6.7M
Q2 24
$39.2M
$17.8M
Q1 24
$15.2M
$10.8M
FCF Margin
CXM
CXM
PAY
PAY
Q4 25
9.0%
13.6%
Q3 25
16.2%
11.3%
Q2 25
40.6%
11.2%
Q1 25
2.3%
18.3%
Q4 24
4.1%
10.8%
Q3 24
10.1%
2.9%
Q2 24
20.0%
9.0%
Q1 24
7.9%
5.9%
Capex Intensity
CXM
CXM
PAY
PAY
Q4 25
0.1%
0.0%
Q3 25
0.2%
0.0%
Q2 25
0.1%
0.0%
Q1 25
0.4%
0.0%
Q4 24
0.5%
0.0%
Q3 24
0.8%
0.0%
Q2 24
1.3%
0.1%
Q1 24
1.1%
0.1%
Cash Conversion
CXM
CXM
PAY
PAY
Q4 25
6.87×
2.18×
Q3 25
2.76×
1.98×
Q2 25
2.14×
Q1 25
0.05×
3.65×
Q4 24
0.88×
2.12×
Q3 24
11.58×
0.47×
Q2 24
3.92×
1.93×
Q1 24
0.82×
1.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CXM
CXM

License And Service$190.3M87%
Professional Services$28.8M13%

PAY
PAY

Payment Transaction Processing Revenue$326.9M99%
Other$3.5M1%

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