SailPoint, Inc.
For the period ended Jan 31, 2025. Filed Mar 27, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 27, 2025
SAIL$20.36+6.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In thousands, except units)
| January 31, 2025 | January 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $121,293 | $211,647 |
| Accounts receivable, net of allowance | 254,050 | 213,307 |
| Contract acquisition costs | 32,834 | 18,668 |
| Contract assets, net of allowance | 58,335 | 51,703 |
| Prepayments and other current assets | 45,870 | 35,752 |
| Total current assets | 512,382 | 531,077 |
| Property and equipment, net | 22,879 | 16,332 |
| Contract acquisition costs, non-current | 94,270 | 61,657 |
| Contract assets, non-current, net of allowance | 33,788 | 28,717 |
| Other non-current assets | 36,206 | 33,219 |
| Goodwill | 5,151,668 | 5,138,855 |
| Intangible assets, net | 1,560,723 | 1,779,875 |
| Total assets | $7,411,916 | $7,589,732 |
| Liabilities, redeemable convertible units and partners' deficit | ||
| Current liabilities | ||
| Accounts payable | $3,515 | $8,820 |
| Accrued expenses and other liabilities | 158,135 | 117,570 |
| Deferred revenue | 413,043 | 335,465 |
| Total current liabilities | 574,693 | 461,855 |
| Deferred tax liabilities, non-current | 136,528 | 206,464 |
| Other long-term liabilities | 32,128 | 24,954 |
| Deferred revenue, non-current | 36,399 | 36,575 |
| Long-term debt, net | 1,024,467 | 1,562,215 |
| Total liabilities | 1,804,215 | 2,292,063 |
| Commitments and contingencies (Note 8) | ||
| Redeemable convertible units, no par value, unlimited units authorized, 499,052,847 and 454,618,712 units issued and outstanding as of January 31, 2025 and 2024, respectively; aggregate liquidation preference of $8,100,352 and $6,861,381 as of January 31, 2025 and 2024, respectively | 11,196,141 | 5,838,864 |
| Partners' deficit | ||
| Additional paid in capital | — | 37,431 |
| Accumulated deficit | (5,588,440) | (578,626) |
| Total partners' deficit | (5,588,440) | (541,195) |
| Total liabilities, redeemable convertible units and partners' deficit | $7,411,916 | $7,589,732 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.