Filing Flows › SailPoint (SAIL) › Q3 FY26
SailPoint (SAIL) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Dec 10, 2025
SailPoint (SAIL) reported revenue of $282M for the third quarter fiscal 2026 (Q3 FY26), +20% from a year earlier and +7% from the quarter before. Operating margin was -14.8%, net loss $36.0M (12.8% of revenue).
SailPoint, Q3 FY26: revenue $282M (+20% year over year), operating margin -14.8%, net loss $36.0M, operating cash flow $53.6M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $282M | +7% | +20% |
| Operating profit | −$41.6M | — | — |
| Net earnings | −$36.0M | — | — |
| Operating cash flow | $53.6M | +7% | — |
| Free cash flow | $52.5M | +7% | — |
What changed
Revenue was $281.9M in Q3 FY26, up 20% year over year and up 7% from the previous quarter. SaaS was the largest line at 55% of revenue. SaaS added $38.2M year over year (up 32%), 82% of the total change. Perpetual licenses declined 85%.
Gross margin was 66.3%, down 0.5 points from a year earlier. Operating costs exceeded revenue by $41.6M, an operating margin of -14.8%. Operating expenses grew 26% against revenue growth of 20%. The fastest-growing cost line was General & admin (+45%). The quarter ended with a net loss of $36.0M, wider than the previous quarter's $10.6M loss.
Operating cash flow was $53.6M. Non-cash charges added back $52.8M of depreciation and amortization and $48.9M of share-based compensation. Working capital and other items used $12.2M. Capital expenditures of $1.0M left free cash flow of $52.5M.
Questions
What was SailPoint's revenue in the third quarter fiscal 2026?
SailPoint (SAIL) reported revenue of $282M for the third quarter fiscal 2026 (Q3 FY26), +20% from a year earlier and +7% from the quarter before.
Was SailPoint profitable in the third quarter fiscal 2026?
Operating loss was $41.6M (-14.8% of revenue) and net loss $36.0M.
Source: SailPoint 10-Q on SEC EDGAR.