SailPoint, Inc. ( (SAIL) ) has released its Q1 earnings. Here is a breakdown of the information SailPoint, Inc. presented to its investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
SailPoint, Inc., a prominent player in the enterprise identity security sector, offers solutions to manage human and digital identities, ensuring secure access to applications and data. In its fiscal first quarter of 2026, SailPoint reported significant growth in its annual recurring revenue (ARR), which rose by 30% year-over-year to $925 million, with SaaS ARR increasing by 39% to $574 million. The company also expanded its customer base, particularly among Fortune 500 and Forbes Global 2000 companies, highlighting a 62% increase in customers with more than $1 million of ARR. Despite a GAAP operating loss of $185 million, SailPoint achieved an adjusted income from operations of $24 million, maintaining a 10% operating margin. Total revenue for the quarter was $230 million, marking a 23% increase from the previous year. Looking ahead, SailPoint anticipates continued growth with a projected ARR of up to $1,105 million for the fiscal year 2026, reflecting a 25% to 26% year-over-year growth. The company remains focused on innovation and expanding its identity security platform to meet the evolving needs of its enterprise clients.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue