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Financial statements

SailPoint, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data SailPoint, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2024FY2026FY2026
Revenue7008621,071
Cost of revenue277306381
Gross profit423556691
Research and development181170223
Selling and marketing461467575
General and administrative114108200
Operating expenses756745998
Operating income-333-189-307
Interest expense18718724.6
Interest income10.74.1610.8
Other non-operating income-180-188-18.5
Pre-tax income-512-377-326
Income tax-117-60.8-55.9
Net income-395-316-270
EBITDA-69.148.5-96.7
EPS, basic-12.13-12.91-0.54
EPS, diluted-12.13-12.91-0.54
Shares, basic (weighted)80.783.7544
Shares, diluted (weighted)80.783.7544

Balance sheet

FY2024FY2026FY2026
Cash and equivalents212121358
Receivables254335
Other current assets6.757.14
Total current assets512851
Property, plant and equipment22.935.2
Lease right-of-use assets21.616.9
Goodwill5,1525,152
Intangible assets1,5611,377
Other non-current assets36.223.6
Total assets7,4127,598
Accounts payable3.525.82
Accrued liabilities10.350.4
Deferred revenue413516
Total current liabilities575643
Lease liabilities17.812.7
Other non-current liabilities32.112.7
Total liabilities1,804751
Total debt1,0240
Paid-in capital07,097
Retained earnings-5,588-251
Shareholders' equity-541-5,5886,846
Total equity-541-5,5886,846
Total liabilities and equity7,4127,598
Shares outstanding564

Cash flow statement

FY2024FY2026FY2026
Net income-395-316-270
Depreciation and amortization264237211
Stock-based compensation37.531.7255
Deferred income tax-125-70.5-69.8
Change in receivables-57.4-41.7-86.1
Change in payables4.23-5.352.3
Cash from operations-250-10670.6
Capital expenditures-2.58-5.36-5.98
Acquisitions-8.22-15.40
Cash from investing-12.7-28.9-35.6
Share buybacks-1.31-6.170
Cash from financing50.441.3202
Net change in cash-213-94.1237
Free cash flow-253-11264.6
Interest paid18215237.1
Income taxes paid5.5812.96.89

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to July 31, 2026; growth uses fiscal years. Valuation uses the share price of $20.64 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin66.2%Gross profit / revenue.
Operating margin-18.9%Operating income / revenue.
EBITDA margin-0.6%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-18.6%Pre-tax income / revenue.
Net margin-16.9%Net income / revenue.
FCF margin16.7%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin17.2%Cash from operations / revenue.
Return on equity (ROE)-2.9%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-2.6%Net income / average total assets.
Return on invested capital (ROIC)-2.7%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue19.9%Research and development expense / revenue.
Stock-based pay / revenue20.4%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.5%Capital expenditures / revenue.
D&A / revenue18.3%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y24.4%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y24.3%Gross profit vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y-299.3%EBITDA vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y2.5%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y550.0%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.23xCurrent assets / current liabilities.
Quick ratio0.93x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.49x(Cash + short-term investments) / current liabilities.
Liabilities / assets9.5%Total liabilities / total assets.
Interest coverage-204xOperating income / interest expense.
Working capital$144.1MCurrent assets - current liabilities.
Goodwill and intangibles / assets86.3%(Goodwill + intangible assets) / total assets.
Tangible book value$314.6MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.15xRevenue / average total assets.
Fixed asset turnover24.9xRevenue / average property, plant and equipment.
Receivables turnover4.23xRevenue / average receivables.
Days sales outstanding86 days365 x average receivables / revenue.
Days payables12 days365 x average accounts payable / cost of revenue.
Capex / operating cash flow2.9%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.35Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$2.05Revenue / diluted weighted shares.
FCF per share$0.34Free cash flow / diluted weighted shares.
Operating cash flow per share$0.35Cash from operations / diluted weighted shares.
Book value per share$12.02Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.55Tangible book value / shares outstanding.
Cash per share$0.54(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$11.71BShare price x shares outstanding.
Enterprise value$11.40BMarket cap + total debt - cash - short-term investments.
P/S10.0xMarket cap / revenue.
P/B1.71xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book37.2xMarket cap / tangible book value, when positive.
P/FCF60.1xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF58.3xMarket cap / cash from operations, when positive.
EV/Sales9.78xEnterprise value / revenue.
EV/FCF58.5xEnterprise value / free cash flow, when both are positive.
FCF yield1.7%Free cash flow / market cap.
Earnings yield-1.7%Net income / market cap (the inverse of P/E).
What was SailPoint, Inc.'s revenue in fiscal 2026?

SailPoint, Inc. reported revenue of $1.07B for fiscal 2026, 24.4% higher than the year before.

Was SailPoint, Inc. profitable in fiscal 2026?

No. It reported a net loss of $270.1M.

How much free cash flow did SailPoint, Inc. generate in fiscal 2026?

Cash from operations of $70.6M minus capital expenditures of $6.0M left free cash flow of $64.6M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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