SailPoint Inc
For the period ended Apr 30, 2025. Filed Jun 12, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 30, 2025 · Filed Jun 12, 2025
SAIL$19.96-2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except share, per share and unit amounts)
| April 30,2025 | January 31, 2025 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $228,117 | $121,293 |
| Accounts receivable, net of allowance | 190,452 | 254,050 |
| Contract acquisition costs | 34,606 | 32,834 |
| Contract assets, net of allowance | 54,154 | 58,335 |
| Prepayments and other current assets | 49,223 | 45,870 |
| Total current assets | 556,552 | 512,382 |
| Property and equipment, net | 24,850 | 22,879 |
| Contract acquisition costs, non-current | 93,797 | 94,270 |
| Contract assets, non-current, net of allowance | 41,786 | 33,788 |
| Other non-current assets | 35,014 | 36,206 |
| Goodwill | 5,151,668 | 5,151,668 |
| Intangible assets, net | 1,510,811 | 1,560,723 |
| Total assets | $7,414,478 | $7,411,916 |
| Liabilities, redeemable convertible units, and stockholders' equity / partners' deficit | ||
| Current liabilities | ||
| Accounts payable | $3,848 | $3,515 |
| Accrued expenses and other liabilities | 66,539 | 158,135 |
| Deferred revenue | 404,557 | 413,043 |
| Total current liabilities | 474,944 | 574,693 |
| Deferred tax liabilities, non-current | 111,334 | 136,528 |
| Other long-term liabilities | 16,656 | 32,128 |
| Deferred revenue, non-current | 33,761 | 36,399 |
| Long-term debt, net | — | 1,024,467 |
| Total liabilities | 636,695 | 1,804,215 |
| Commitments and contingencies (Note 6) | ||
| Redeemable convertible units, no par value, unlimited units authorized, 499,052,847 units issued and outstanding as of January 31, 2025; aggregate liquidation preference of $8,100,352 as of January 31, 2025 | — | 11,196,141 |
| Stockholders' equity / partners' deficit | ||
| Preferred stock, par value of $0.0001 per share, 50,000,000 shares authorized and no shares issued or outstanding as of April 30, 2025 | — | — |
| Common stock, par value of $0.0001 per share; 1,750,000,000 authorized as of April 30, 2025; 556,580,175 shares issued and outstanding as of April 30, 2025 | 56 | — |
| Additional paid in capital | 6,945,784 | — |
| Accumulated deficit | (168,057) | (5,588,440) |
| Total stockholders' equity / partners' deficit | 6,777,783 | (5,588,440) |
| Total liabilities, redeemable convertible units, and stockholders' equity / partners' deficit | $7,414,478 | $7,411,916 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.