Filing Flows › SailPoint (SAIL) › Q1 FY27 › vs Q4 FY26
SailPoint (SAIL) Q1 FY27 vs Q4 FY26 (quarter over quarter)
SailPoint's revenue fell $14.5M (-5%) from $295M in Q4 FY26 to $280M in Q1 FY27. The biggest changes: Subscription −$15.0M (-5%); Services and other −$24K (-0.2%).
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 Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Free cash flow margin | 13.3% | 21.1% | -7.8 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| SaaS | $178M | $170M | $8.9M | +5% |
| Term subscriptions | $43.9M | $66.0M | −$22.1M | -33% |
| Maintenance and support | $34.6M | $37.1M | −$2.5M | -7% |
| Other subscription services | $8.9M | $8.1M | $781K | +10% |
| Subscription | $266M | $281M | −$15.0M | -5% |
| Services and other | $14.3M | $14.3M | −$24K | -0.2% |
| Revenue | $280M | $295M | −$14.5M | -5% |
| Income tax benefit | $5.4M | $2.8M | $2.6M | +92% |
| Net loss | $74.7M | $36.2M | $38.5M | +106% |
| Costs & expenses | $360M | $335M | $25.4M | +8% |
| Operating costs | $360M | $335M | $25.2M | +8% |
| Cost of revenue | $99.0M | $96.4M | $2.7M | +3% |
| Research & development | $61.7M | $56.4M | $5.3M | +9% |
| Sales & marketing | $154M | $141M | $13.6M | +10% |
| General & admin | $45.0M | $41.3M | $3.7M | +9% |
| Operating cash sources | $122M | $105M | $16.9M | +16% |
| Depreciation & amortization | $53.1M | $53.5M | −$346K | -0.6% |
| Share-based compensation | $69.1M | $51.9M | $17.2M | +33% |
| Net loss absorbed | $74.7M | $36.2M | $38.5M | +106% |
| Working capital & other | $9.3M | $5.2M | $4.1M | +78% |
| Operating cash flow | $38.2M | $63.9M | −$25.6M | -40% |
| Free cash flow (OCF − capex) | $37.3M | $62.1M | −$24.8M | -40% |
| Capital expenditures | $969K | $1.8M | −$825K | -46% |
Questions
How much did SailPoint's revenue grow quarter over quarter in Q1 FY27?
SailPoint's revenue fell $14.5M (-5%) from $295M in Q4 FY26 to $280M in Q1 FY27.
What drove SailPoint's revenue change in Q1 FY27?
Subscription −$15.0M (-5%); Services and other −$24K (-0.2%).