SailPoint, Inc. filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on September 10, 2026, covering the fiscal quarter ended July 31, 2026, and disclosing revenue, operating losses, and balance sheet figures for the period.

Key Highlights

  • Total revenue of $308.8 million for the three months ended July 31, 2026, up from $264.4 million in the same period a year earlier, according to the filing.
  • Subscription revenue of $295.2 million for Q2 FY2026, compared with $247.9 million in Q2 FY2025, as reported in the condensed consolidated statements of operations.
  • Net loss of $50.4 million for the three months ended July 31, 2026, versus a net loss of $10.6 million for the same quarter in the prior year.
  • Six-month net loss of $125.0 million for the period ended July 31, 2026, compared with a net loss of $197.9 million for the six months ended July 31, 2025.
  • Total assets of $7.58 billion as of July 31, 2026, including goodwill of $5.25 billion and intangible assets, net, of $1.30 billion.
  • 570,911,633 shares of common stock outstanding as of September 4, 2026, as disclosed on the cover page of the filing.
  • Equity-based compensation expense of $140.4 million recognized during the six months ended July 31, 2026, per the statements of stockholders' equity.

SailPoint's Second Quarter and First Half FY2026 Financial Performance

According to the filing, SailPoint, Inc. (NASDAQ:SAIL) reported total revenue of $308.8 million for the three months ended July 31, 2026, compared with $264.4 million for the same quarter in the prior fiscal year. Subscription revenue, the larger component, rose to $295.2 million from $247.9 million in Q2 FY2025. Services and other revenue declined to $13.6 million from $16.4 million over the same period. For the six months ended July 31, 2026, the company reported total revenue of $589.0 million, up from $494.8 million a year earlier.

The filing disclosed a gross profit of $205.4 million for the second quarter, with total cost of revenue at $103.4 million. Total operating expenses for Q2 FY2026 were $264.3 million, including research and development of $62.2 million, sales and marketing of $155.9 million, and general and administrative of $46.3 million. Loss from operations for the quarter was reported as $59.0 million, compared with $40.8 million in Q2 FY2025. After an income tax benefit of $6.8 million, the net loss for the quarter was $50.4 million, or $0.09 per share, basic and diluted, based on weighted average common shares outstanding of 568,113 thousand.

As of July 31, 2026, the company reported total assets of $7.58 billion and total liabilities of $722.2 million, resulting in total stockholders' equity of $6.86 billion. Cash and cash equivalents stood at $309.9 million, down from $358.1 million at January 31, 2026. The accumulated deficit was $375.8 million as of July 31, 2026, compared with $250.8 million at January 31, 2026. The filing notes that SailPoint is classified as a non-accelerated filer and is not a smaller reporting company or emerging growth company.

What Was Disclosed

SailPoint filed its Form 10-Q for the quarter ended July 31, 2026, disclosing revenue, operating losses, balance sheet data, and share information. Total revenue for the quarter was $308.8 million and the net loss was $50.4 million, with total assets of $7.58 billion at period end.