SailPoint Missed Expectations, Updates Revenue Guidance

SailPoint (SAIL) reported earnings of $0.05 per share on revenue of $280.14 million for the fiscal first quarter ended April 2026. The consensus earnings estimate was $0.04 per share on revenue of $276.25 million. The Earnings Whisper number was $0.06 per share. The company missed expectations by 16.67% while revenue grew 21.55% on a year-over-year basis.

The company said it expects second quarter earnings of $0.07 to $0.08 per share on revenue of $308.0 million to $312.0 million and continues to expect fiscal year earnings of $0.30 to $0.34 per share but now expects revenue of $1.265 billion to $1.275 billion. The company's previous guidance was revenue of $1.26 billion to $1.27 billion. The current consensus estimate is earnings of $0.08 per share on revenue of $310.79 million for the quarter ending July 31, 2026, and earnings of $0.32 per share on revenue of $1.27 billion for the year ending January 31, 2027.

"Our strong start to fiscal 2027, marked by robust top- and bottom-line growth, underscores the critical market demand for comprehensive identity security,” said Mark McClain, SailPoint CEO and Founder. “Securing identity is a prerequisite for modern innovation. By delivering a unified framework that protects human identities, cloud resources, and autonomous AI agents, SailPoint transforms identity into a powerful security advantage. "

SailPoint, Inc. equips the modern enterprise to seamlessly manage and secure access to applications and data through the lens of identity – at speed and scale.