Business
SailPoint Announces Fiscal First Quarter 2026 Results
Grew ARR 30% year-over-year to $925 millionIncreased SaaS ARR 39% year-over-year to $574 millionExpanded the number of customers with more than $1 million of
About this update from Sailpoint, Inc.
[{"type":"text","content":"Grew ARR 30% year-over-year to $925 millionIncreased SaaS ARR 39% year-over-year to $574 millionExpanded the number of customers with more than $1 million of ARR by 62% year-over-year AUSTIN, Texas, June 11, 2025 (GLOBE NEWSWIRE) -- SailPoint, Inc. (Nasdaq: SAIL), a leader in enterprise identity security, today announced financial results for its fiscal first quarter ended April 30, 2025. “We delivered another strong quarter, driven by continued expansion across our customer base and strong adoption among Fortune 500 and Forbes Global 2000 companies,” said Mark McClain, CEO and Founder, SailPoint. “Enterprises are turning to SailPoint to manage both human and digital identities at the scale and speed required to stay ahead. Our ability to deliver both breadth and depth of identity security—on a platform that’s AI and data-driven and built for extensibility—combined with disciplined execution, fuel our consistent performance.” “As identity becomes the hub of modern digital security strategy, SailPoint continues to lead with innovation and deliver real results,” McClain continued. “Our growth this quarter underscores the market’s demand for a next-gen identity platform built for resilience, intelligence, and impact.” Fiscal 2026 First Quarter Financial Highlights Annual Recurring Revenue (ARR): Total ARR was $925 million, an increase of 30% year-over-year. SaaS ARR was $574 million, an increase of 39% year-over-year.Revenue: Total revenue was $230 million, an increase of 23% year-over-year. Subscription revenue was $215 million, an increase of 27% year-over-year.Operating Income (Loss): GAAP operating loss was $(185) million, or (80)% of revenue, compared to $(68) million, or (36)% of revenue in fiscal Q1 2025. Adjusted income from operations was $24 million, or 10% of revenue, compared to $19 million, or 10% of revenue in fiscal Q1 2025. Financial Outlook For the second quarter and full year of fiscal 2026, SailPoint expects (in millions, except per share amounts and percentages): Q2’26 GuidanceFY’26 GuidancePrior FY’26 GuidanceTotal ARR$963 to $967$1,095 to $1,105$1,075 to $1,085Total ARR YoY growth %26%25% to 26%23% to 24% Total revenue$242 to $244$1,034 to $1,044$1,025 to $1,035Total revenue YoY growth %22% to 23%20% to 21%19% to 20% Adjusted income from operations$29 to $30$161 to $166$151 to $156Adjusted operating margin %11...