SailPoint, Inc. SAIL
SailPoint, Inc. (together with its consolidated subsidiaries, as appropriate, "SailPoint," the "Company," "our," or "we") delivers solutions to enable adaptive identity security for the enterprise. We do this via the SailPoint Platform that unifies identity data across systems and identity types, including employee identities, non-employee identities, machine identities, and AI agents for real-time governance. Our SaaS and customer-hosted offerings leverage intelligent analytics to provide organizations with critical visibility into which identities currently have access to which resources, which identities should have access to those resources, and how that access is being used. Our solutions enable organizations to establish, control, and automate policies that help them define and maintain a robust security posture and achieve regulatory compliance. Powered by AI, our solutions enable organizations to overcome the scale and complexity of managing identities in real-time across dynamic, complex IT environments.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $1.07B | $861.6M | $699.6M | — |
| Cost of revenue | $380.6M | $305.7M | $276.6M | — |
| Gross profit | $690.8M | $555.9M | $422.9M | — |
| R&D | $223.0M | $169.7M | $180.8M | — |
| SG&A | $200.5M | $108.0M | $113.7M | — |
| Total operating expenses | $998.3M | $744.6M | $755.7M | — |
| Operating income | -$307.5M | -$188.7M | -$332.7M | — |
| Interest expense | $24.6M | $186.7M | $187.1M | — |
| Pre-tax income | -$326.0M | -$376.6M | -$512.3M | — |
| Income tax | $55.9M | $60.8M | $117.0M | — |
| Net income | -$270.1M | -$315.8M | -$395.4M | — |
| EPS, basic | -0.54 | -12.91 | -12.13 | — |
| EPS, diluted | -0.54 | -12.91 | -12.13 | — |
| Shares, diluted (wtd. avg.) | $544.2M | $83.7M | $80.7M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and equivalents | $358.1M | $121.3M | $211.6M | $431.1M |
| Receivables | $335.0M | $254.1M | — | — |
| Total current assets | $850.7M | $512.4M | — | — |
| Property, plant and equipment | $35.2M | $22.9M | — | — |
| Goodwill | $5.15B | $5.15B | — | — |
| Other intangibles | $1.38B | $1.56B | — | — |
| Total assets | $7.60B | $7.41B | — | — |
| Accounts payable | $5.8M | $3.5M | — | — |
| Total current liabilities | $643.3M | $574.7M | — | — |
| Long-term debt | $0 | $1.02B | — | — |
| Total liabilities | $751.3M | $1.80B | — | — |
| Retained earnings | -$250.8M | -$5.59B | — | — |
| Total equity | $6.85B | -$5.59B | -$541.2M | -$183.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Operating cash flow | $70.6M | -$106.4M | -$250.4M | — |
| Depreciation and amortisation | $210.8M | $237.2M | $263.6M | — |
| Stock-based compensation | $254.9M | $31.7M | $37.5M | — |
| Capital expenditure | $6.0M | $5.4M | $2.6M | — |
| Investing cash flow | -$35.6M | -$28.9M | -$12.7M | — |
| Financing cash flow | $202.0M | $41.3M | $50.4M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-177300.
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