SailPoint, Inc.
21.44-1.05 (-4.67%)
Oct 29, 4:00:01 PM EDT · NasdaqGS · SAIL · USD
Key Stats
Market Cap
11.93BP/E (TTM)
-Basic EPS (TTM)
-1.47Dividend Yield
0%Recent Filings
10-Q
Q2 FY2026 results
SailPoint's Q2 FY2026 revenue climbed 33% y/y to $264.4M, fueled by 36% subscription growth to $247.9M, with SaaS up 37% y/y and term subscriptions surging 78% y/y; gross margin expanded to 67% from 62%, yet operating loss narrowed to $40.8M from $65.8M as sales and marketing efficiencies kicked in. Q/q, revenue rose 12% (derived) from Q1's $230.5M, while diluted EPS improved to -$0.02 from -$0.40, reconciling to 555.8M weighted shares with no anti-dilution flagged. Cash swelled to $271.1M post-IPO, term loans fully repaid, and a $250M revolver sits untapped with covenants met; free cash flow stayed negative at -$54.7M for H1 amid investments. Imprivata integration added $9.2M goodwill, but competition from legacy tools sharpens the edge.
8-K
SailPoint boosts ARR 28% YoY
SailPoint announced robust Q2 fiscal 2026 results on September 9, 2025, with total ARR surging 28% year-over-year to $982 million, fueled by 37% SaaS ARR growth to $623 million, while revenue jumped 33% to $264 million. Adjusted operating income hit $54 million, or 20% of revenue, versus $21 million last year, backed by $50 million in operating cash flow. The company raised full-year guidance across all metrics, signaling sustained demand for identity security. Yet, GAAP losses persist amid high equity compensation.
8-K
SailPoint Technologies Inc. establishes a $250M revolving credit facility maturing in 2030, replacing prior debt. The agreement outlines terms for borrowings, letters of credit, and covenants, including a financial leverage ratio not exceeding 4.00:1.00.
SailPoint Technologies Inc. has entered into a new $250 million revolving credit facility, replacing its prior agreement. The facility matures in five years and supports general corporate purposes, including acquisitions. It includes a leverage covenant with a maximum ratio of 4.00:1.00, increasable to 4.50:1.00 post-material acquisition.
10-Q
Q1 FY2026 results
SailPoint's Q1 FY2026 revenue climbed 23% y/y to $230.5M, fueled by 27% subscription growth to $215.3M, with SaaS up 36% y/y to $131.8M; yet gross margin dipped to 55% from 62% amid equity-based comp acceleration post-IPO. Operating loss widened to $185.0M from $68.2M, driven by $160.5M in equity comp (up from $25.9M) and sales/marketing expenses, while net loss hit $187.3M versus $89.2M last year, the gap largely from that comp surge. Diluted EPS of -$0.42 aligns with 500M weighted shares, no anti-dilution flagged. IPO netted $1.25B used to repay $1.04B term debt, leaving $228.1M cash and $125M revolver availability; free cash flow not disclosed in the 10-Q. Imprivata acquisition closed Dec 2024 for $10.7M cash plus $7.4M contingent, adding $9.2M goodwill and $9.8M intangibles over 3-4 years. Competition from legacy tools lingers as a risk.
8-K
SailPoint Q1 ARR up 30%
SailPoint reported fiscal Q1 2026 results on June 11, 2025, with total ARR surging 30% year-over-year to $925 million, fueled by 39% growth in SaaS ARR to $574 million and a 62% jump in customers exceeding $1 million ARR. Revenue climbed 23% to $230 million, while adjusted operating income held steady at 10% of revenue despite a widened GAAP loss from IPO-related expenses. The company guides for 25-26% full-year ARR growth to $1.095-1.105 billion, yet warns of risks like sales cycle unpredictability.
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