SailPoint, Inc.
For the period ended Oct 31, 2025. Filed Dec 10, 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.
Oct 31, 2025 · Filed Dec 10, 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 Statements of Cash Flows
| Nine Months Ended October 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities | ||
| Net loss | $(233,839) | $(235,726) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization expense | 157,323 | 185,608 |
| Amortization and write-off of debt issuance costs | 17,255 | 3,342 |
| Amortization of contract acquisition costs | 27,792 | 17,259 |
| Loss (gain) on disposal of property and equipment | (1) | (7) |
| Adjustments to contingent consideration | 1,609 | — |
| Provision for credit losses | 4,851 | 1,807 |
| Equity-based compensation expense, net of amounts capitalized | 203,009 | 23,958 |
| Deferred taxes | (67,582) | (75,245) |
| Net changes in operating assets and liabilities, net of acquisitions | ||
| Accounts receivable | 33,804 | 4,261 |
| Contract acquisition costs | (45,736) | (41,227) |
| Contract assets | (33,251) | (12,110) |
| Prepayments and other current assets | (13,015) | (1,421) |
| Other non-current assets | 531 | (4,009) |
| Operating leases, net | 301 | 168 |
| Accounts payable | 705 | 3,283 |
| Accrued expenses and other liabilities | (58,089) | 12,842 |
| Deferred revenue | 11,049 | (2,968) |
| Net cash provided by (used in) operating activities | 6,716 | (120,185) |
| Cash flows from investing activities | ||
| Purchase of property and equipment | (4,186) | (3,823) |
| Proceeds from sale of property and equipment | 2 | 12 |
| Capitalized software development costs | (8,230) | (7,776) |
| Payments for asset acquisition | (16,248) | — |
| Business acquisitions, net of cash acquired | — | (4,694) |
| Net cash used in investing activities | (28,662) | (16,281) |
| Cash flows from financing activities | ||
| Proceeds from IPO, net of underwriting discounts and commissions | 1,259,681 | — |
| Repayment of Term Loans | (1,040,000) | — |
| Payment of debt issuance costs | (2,716) | — |
| Payments of deferred offering costs, net | (8,618) | (1,053) |
| Payments related to holdback and contingent consideration | (6,375) | — |
| Repurchase of units | — | (5,897) |
| Net cash provided by (used in) financing activities | 201,972 | (6,950) |
| Net change in cash, cash equivalents and restricted cash | 180,026 | (143,416) |
| Cash, cash equivalents and restricted cash, beginning of period | 124,390 | 218,468 |
| Cash, cash equivalents and restricted cash, end of period | $304,416 | $75,052 |
| Nine Months Ended October 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Supplemental cash flow information: | ||
| Cash paid for: | ||
| Interest | $36,992 | $107,096 |
| Income taxes, net of refunds | 4,851 | 11,482 |
| Cash paid for amounts included in the measurement of lease liabilities: | ||
| Operating cash flows from operating leases | 4,778 | 4,563 |
| Supplemental disclosure of noncash investing and financing activities: | ||
| Effect of Corporate Conversion | 11,449,672 | — |
| Adjustment to reflect the redemption value of the redeemable convertible units | 253,531 | — |
| Capitalized equity-based compensation included in property and equipment, net | 1,283 | — |
| Deferred offering costs included in accounts payable and accrued expenses and other liabilities | — | 4,301 |
| Holdback consideration included in accrued expenses and other liabilities | 1,950 | 675 |
| Operating lease right of use assets obtained in exchange for lease liabilities | — | 1,725 |
| Reconciliation of cash, cash equivalents and restricted cash from the condensed consolidated balance sheets to the condensed consolidated statements of cash flows: | ||
| Cash and cash equivalents | $298,114 | $68,166 |
| Restricted cash within prepayments and other current assets | 6,302 | 6,886 |
| Total cash, cash equivalents, and restricted cash in the consolidated statements of cash flows | $304,416 | $75,052 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.