Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when SAIL files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsSailPoint reports 28% ARR growth to $1.1B, guides FY2027 revenue $1.26-1.27B
Filed March 18, 2026 · Period ending March 18, 2026 · ~1 min read
Key Changes
-
high
Total ARR reached $1.125B (up 28% YoY) with SaaS ARR at $746M (up 38% YoY) for first quarter ended Jan 31, 2026, driven by identity security demand in AI-powered enterprises.
Exhibit 99.1 view on EDGAR → -
high
FY2026 revenue was $1.071B (up 24% YoY); Q4 revenue was $295M (up 23% YoY). Adjusted operating margin improved to 18% for the full year from 15% in FY2025.
Exhibit 99.1 view on EDGAR → -
high
FY2027 guidance: total ARR $1.356-1.366B (21% YoY growth), revenue $1.260-1.270B (18-19% YoY growth), adjusted operating margin 18.2-18.8%, adjusted EPS $0.30-0.34.
Exhibit 99.1 view on EDGAR → -
high
Company converted from Delaware LP to Delaware corporation on Feb 12, 2025 in connection with IPO, raising $1.26B net proceeds and using $1.04B to repay term loans.
Exhibit 99.1 view on EDGAR → -
medium
Q4 GAAP operating loss widened to $40M (14% of revenue) from $30M in Q4 2025, though adjusted operating income improved to $61M (21% margin) from $46M (19% margin).
Exhibit 99.1 view on EDGAR →
Summary
SailPoint reported strong first quarter fiscal 2026 results ending January 31, 2026, with total ARR growing 28% year-over-year to $1.125 billion and SaaS ARR accelerating 38% to $746 million. Full-year revenue reached $1.071 billion, up 24%, while adjusted operating margin expanded to 18% from 15% in the prior year.
The company attributes the performance to growing enterprise demand for identity security solutions as organizations adopt AI technologies. SailPoint converted from a limited partnership to a C-corporation in February 2025 concurrent with its IPO, raising $1.26 billion in net proceeds and using $1.04 billion to retire term debt.
For fiscal 2027, management guided to total ARR of $1.356-1.366 billion (21% growth) and revenue of $1.260-1.270 billion (18-19% growth), with adjusted operating margin holding in the 18.2-18.8% range and adjusted EPS of $0.30-0.34. The guidance reflects continued SaaS momentum but moderating growth rates as the business scales. Retail investors should note the widening GAAP operating losses ($307 million in FY2026 vs. $189 million in FY2025) even as adjusted profitability improves, a common pattern for SaaS companies investing in growth while managing stock-based compensation. The IPO and debt paydown have cleaned up the capital structure, positioning the company for its first full year as a public entity.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
SailPoint announced Q4 and FY2026 financial results for the period ended January 31, 2026.
Added in current filing · verify on EDGAR →
On March 18, 2026, SailPoint, Inc. (the “Company”) announced its financial results for the fiscal quarter and year ended January 31, 2026 and posted the Company’s earnings release and related presentation for such quarter on its investor relations website.
SailPoint disclosed financial results for its fourth quarter and full fiscal year ended January 31, 2026. The earnings release and investor presentation were posted to the company's investor relations website. Specific financial metrics are contained in the attached Exhibit 99.1.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Annual Recurring Revenue (ARR): Total ARR was $1.125 billion, an increase of 28% year-over-year. SaaS ARR was $746 million, an increase of 38% year-over-year.
•Revenue: Total revenue was $295 million, an increase of 23% year-over-year. Subscription revenue was $281 million, an increase of 25% year-over-year.
SailPoint disclosed Q4 fiscal 2026 results ending January 31, 2026. Total ARR reached $1.125 billion, up 28% year-over-year, with SaaS ARR growing 38% to $746 million. Total revenue was $295 million (up 23% YoY) and subscription revenue was $281 million (up 25% YoY). The company attributes this performance to growing demand for identity security in AI-powered enterprises.
Added in current filing · view on EDGAR →
Operating Income (Loss): GAAP operating loss was $(40) million, or (14)% of revenue, compared to $(30) million, or (13)% of revenue, in fiscal Q4 2025. Adjusted income from operations was $61 million, or 21% of revenue, compared to $46 million, or 19% of revenue, in fiscal Q4 2025.
Q4 GAAP operating loss was $40 million (14% of revenue), slightly wider than the prior year's $30 million loss. However, adjusted operating income improved to $61 million (21% margin) from $46 million (19% margin) in Q4 2025. The press release also states the company delivered $64 million in operating cash flow and $57 million in free cash flow during Q4 2026.
Added in current filing · view on EDGAR →
Annual Recurring Revenue (ARR): Total ARR was $1.125 billion, an increase of 28% year-over-year. SaaS ARR was $746 million, an increase of 38% year-over-year.
•Revenue: Total revenue was $1.071 billion, an increase of 24% year-over-year. Subscription revenue was $1.010 billion, an increase of 27% year-over-year.
•Operating Income (Loss): GAAP operating loss was $(307) million, or (29)% of revenue, compared to $(189) million, or (22)% of revenue, in fiscal FY 2025. Adjusted income from operations was $194 million, or 18% of revenue, compared to $133 million, or 15% of revenue, in fiscal FY 2025.
For the full fiscal year 2026, SailPoint reported total revenue of $1.071 billion (up 24% YoY) and subscription revenue of $1.010 billion (up 27% YoY). GAAP operating loss widened to $307 million (29% of revenue) from $189 million in FY 2025, while adjusted operating income improved to $194 million (18% margin) from $133 million (15% margin) in the prior year.
Added in current filing · view on EDGAR →
For the first quarter and full year of fiscal 2027, SailPoint expects (in millions, except per share amounts and percentages):
Q1’27 Guidance FY’27 Guidance
Total ARR $1,153 to $1,157 $1,356 to $1,366
Total ARR YoY growth % 25% 21%
Total revenue $273 to $277 $1,260 to $1,270
Total revenue YoY growth % 18% to 20% 18% to 19%
Adjusted income from operations $30 to $31 $231.5 to $236.5
Adjusted operating margin % 10.8% to 11.4% 18.2% to 18.8%
Adjusted earnings per share (Adjusted EPS) $0.04 to $0.05 $0.30 to $0.34
SailPoint issued guidance for fiscal 2027. For Q1 2027, the company expects total ARR of $1,153-$1,157 million (25% YoY growth), revenue of $273-$277 million (18-20% YoY growth), and adjusted EPS of $0.04-$0.05. For the full year 2027, guidance calls for total ARR of $1,356-$1,366 million (21% YoY growth), revenue of $1,260-$1,270 million (18-19% YoY growth), adjusted operating margin of 18.2-18.8%, and adjusted EPS of $0.30-$0.34.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Aug 12, 2026 · How we verify