SailPoint Q4 Revenue up 23% to $295M as Shares Drop 11% on Soft Q1 Guide
SailPoint’s fiscal Q4 revenue rose 23% year-over-year to $295 million with subscription revenue up 25% and ARR climbing 28% to $1.125 billion, while SaaS ARR surged 38% to $746 million. Shares plunged about 11% after Q1 revenue guidance of $273–277 million and EPS forecast of $0.04–0.05 fell short of estimates.
1. Q4 Financial Performance
SailPoint posted Q4 revenue of $295 million, up 23% year-over-year, driven by 25% subscription revenue growth. Annual recurring revenue rose 28% to $1.125 billion, with SaaS ARR up 38% to $746 million. Adjusted EPS was $0.08, matching analyst expectations.
2. Cash Flow and Profitability
Adjusted operating income improved to $61 million, a 21% margin, compared with $46 million a year earlier. Operating cash flow reached $64 million, and free cash flow was $57 million for the quarter.
3. Guidance and Market Reaction
The company guided Q1 revenue to $273–277 million and EPS to $0.04–0.05, below consensus, and projected full-year 2027 revenue of $1.26–1.27 billion. Shares tumbled about 11% in premarket trading following the softer guidance.