Filing Flows › SailPoint (SAIL) › Q2 FY27 › vs Q1 FY27
SailPoint (SAIL) Q2 FY27 vs Q1 FY27 (quarter over quarter)
SailPoint's revenue rose $28.7M (+10%) from $280M in Q1 FY27 to $309M in Q2 FY27. The biggest changes: Subscription +$29.4M (+11%); Services and other −$713K (-5%).
SailPoint, Q2 FY27: revenue $309M (+17% year over year), operating margin -19.1%, net loss $50.4M, operating cash flow $45.0M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Free cash flow margin | 13.9% | 13.3% | +0.6 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| SaaS | $194M | $178M | $15.4M | +9% |
| Term subscriptions | $56.2M | $43.9M | $12.3M | +28% |
| Maintenance and support | $35.5M | $34.6M | $905K | +3% |
| Other subscription services | $9.7M | $8.9M | $806K | +9% |
| Subscription | $295M | $266M | $29.4M | +11% |
| Services and other | $13.6M | $14.3M | −$713K | -5% |
| Revenue | $309M | $280M | $28.7M | +10% |
| Other income, net | $1.8M | −$222K | $2.0M | — |
| Income tax benefit | $6.8M | $5.4M | $1.4M | +26% |
| Net loss | $50.4M | $74.7M | −$24.3M | -33% |
| Costs & expenses | $368M | $360M | $7.6M | +2% |
| Operating costs | $368M | $360M | $7.8M | +2% |
| Cost of revenue | $103M | $99.0M | $4.4M | +4% |
| Research & development | $62.2M | $61.7M | $499K | +0.8% |
| Sales & marketing | $156M | $154M | $1.6M | +1% |
| General & admin | $46.3M | $45.0M | $1.3M | +3% |
| Operating cash sources | $122M | $122M | −$260K | -0.2% |
| Depreciation & amortization | $53.6M | $53.1M | $526K | +1% |
| Share-based compensation | $68.3M | $69.1M | −$786K | -1% |
| Net loss absorbed | $50.4M | $74.7M | −$24.3M | -33% |
| Working capital & other | $26.6M | $9.3M | $17.3M | +186% |
| Operating cash flow | $45.0M | $38.2M | $6.7M | +18% |
| Free cash flow (OCF − capex) | $43.0M | $37.3M | $5.8M | +15% |
| Capital expenditures | $1.9M | $969K | $965K | +100% |
Questions
How much did SailPoint's revenue grow quarter over quarter in Q2 FY27?
SailPoint's revenue rose $28.7M (+10%) from $280M in Q1 FY27 to $309M in Q2 FY27.
What drove SailPoint's revenue change in Q2 FY27?
Subscription +$29.4M (+11%); Services and other −$713K (-5%).