Filing Flows › SailPoint (SAIL) › Q1 FY27 › vs Q1 FY26
SailPoint (SAIL) Q1 FY27 vs Q1 FY26 (year over year)
SailPoint's revenue rose $49.7M (+22%) from $230M in Q1 FY26 to $280M in Q1 FY27. The biggest changes: Subscription +$50.5M (+23%); Services and other −$824K (-5%).
SailPoint, Q1 FY27: revenue $280M (+22% year over year), operating margin -28.5%, net loss $74.7M, operating cash flow $38.2M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Free cash flow margin | 13.3% | -43.0% | +56.3 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| SaaS | $178M | $132M | $46.7M | +35% |
| Term subscriptions | $43.9M | $40.0M | $3.9M | +10% |
| Maintenance and support | $34.6M | $37.4M | −$2.8M | -8% |
| Other subscription services | $8.9M | $6.1M | $2.8M | +46% |
| Subscription | $266M | $215M | $50.5M | +23% |
| Services and other | $14.3M | $15.1M | −$824K | -5% |
| Revenue | $280M | $230M | $49.7M | +22% |
| Income tax benefit | $5.4M | $17.0M | −$11.6M | -68% |
| Net loss | $74.7M | $187M | −$113M | -60% |
| Costs & expenses | $360M | $435M | −$74.6M | -17% |
| Operating costs | $360M | $415M | −$55.5M | -13% |
| Cost of revenue | $99.0M | $103M | −$3.8M | -4% |
| Research & development | $61.7M | $67.3M | −$5.6M | -8% |
| Sales & marketing | $154M | $165M | −$10.3M | -6% |
| General & admin | $45.0M | $80.8M | −$35.8M | -44% |
| Operating cash sources | $122M | $158M | −$35.6M | -23% |
| Depreciation & amortization | $53.1M | $52.1M | $1.0M | +2% |
| Share-based compensation | $69.1M | $106M | −$36.6M | -35% |
| Net loss absorbed | $74.7M | $187M | −$113M | -60% |
| Working capital & other | $9.3M | $67.3M | −$58.0M | -86% |
| Operating cash flow | $38.2M | −$96.8M | $135M | — |
| Free cash flow (OCF − capex) | $37.3M | −$99.0M | $136M | — |
| Capital expenditures | $969K | $2.2M | −$1.2M | -56% |
Questions
How much did SailPoint's revenue grow year over year in Q1 FY27?
SailPoint's revenue rose $49.7M (+22%) from $230M in Q1 FY26 to $280M in Q1 FY27.
What drove SailPoint's revenue change in Q1 FY27?
Subscription +$50.5M (+23%); Services and other −$824K (-5%).