Filing Flows › SailPoint (SAIL) › Q1 FY27
SailPoint (SAIL) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 10, 2026
SailPoint (SAIL) reported revenue of $280M for the first quarter fiscal 2027 (Q1 FY27), +22% from a year earlier and -5% from the quarter before. Operating margin was -28.5%, net loss $74.7M (26.7% of revenue).
SailPoint, Q1 FY27: revenue $280M (+22% year over year), operating margin -28.5%, net loss $74.7M, operating cash flow $38.2M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $280M | -5% | +22% |
| Operating profit | −$79.8M | — | — |
| Net earnings | −$74.7M | — | — |
| Operating cash flow | $38.2M | -40% | — |
| Free cash flow | $37.3M | -40% | — |
What changed
Revenue was $280.1M in Q1 FY27, up 22% year over year and down 5% from the previous quarter. SaaS was the largest line at 64% of revenue. SaaS added $46.7M year over year (up 35%), 94% of the total change. Maintenance and support declined 8%.
Gross margin was 64.7%, up 9.3 points from Q1 FY26. Operating costs exceeded revenue by $79.8M, an operating margin of -28.5%. Operating expenses fell 17% while revenue rose 22%. The quarter ended with a net loss of $74.7M, wider than the previous quarter's $36.2M loss.
Operating cash flow was $38.2M. Non-cash charges added back $53.1M of depreciation and amortization and $69.1M of share-based compensation. Working capital and other items used $9.3M. Capital expenditures of $1.0M left free cash flow of $37.3M.
Questions
What was SailPoint's revenue in the first quarter fiscal 2027?
SailPoint (SAIL) reported revenue of $280M for the first quarter fiscal 2027 (Q1 FY27), +22% from a year earlier and -5% from the quarter before.
Was SailPoint profitable in the first quarter fiscal 2027?
Operating loss was $79.8M (-28.5% of revenue) and net loss $74.7M.
Source: SailPoint 10-Q on SEC EDGAR.