SailPoint Analysts Increase Their Forecasts After Better-Than-Expected Q1 Earnings

SailPoint, Inc. (NASDAQ:SAIL) reported better-than-expected first-quarter adjusted EPS results and raised its FY26 guidance above estimates on Wednesday.

The company reported quarterly revenue growth of 23% year-on-year to $230.47 million, compared to analyst consensus estimates of $235.19 million. The quarterly subscription revenue was $215.32 million, up by 27%. The company reported an adjusted EPS of 1 cent, surpassing the consensus analyst estimate of a 1-cent loss.

For the second-quarter of fiscal year 2026, SailPoint expects an ARR of $963 million-$967 million, representing 26% growth. The company expects quarterly revenue of $242 million-$244 million, representing 22%-23% growth versus the $231.96 million consensus estimate. The company expects an adjusted EPS of 4 to 5 ...