SailPoint, Inc.
For the period ended Jan 31, 2026. Filed Mar 19, 2026.
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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.
FY2026 · Filed Mar 19, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Table of Contents
SailPoint, Inc.
Annual Report on Form 10-K
| Page | ||
|---|---|---|
| Special Note About Forward-Looking Statements | 1 | |
| Summary of Principal Risk Factors | 2 | |
| PART I | ||
| Item 1. | Business | 3 |
| Item 1A. | Risk Factors | 17 |
| Item 1B. | Unresolved Staff Comments | 50 |
| Item 1C. | Cybersecurity | 50 |
| Item 2. | Properties | 51 |
| Item 3. | Legal Proceedings | 51 |
| Item 4. | Mine Safety Disclosures | 52 |
| PART II | ||
| Item 5. | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 53 |
| Item 6. | [Reserved] | 55 |
| Item 7. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 55 |
| Item 7A. | Quantitative and Qualitative Disclosures About Market Risk | 74 |
| Item 8. | Financial Statements and Supplementary Data | 76 |
| Item 9. | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure | 113 |
| Item 9A. | Controls and Procedures | 113 |
| Item 9B. | Other Information | 113 |
| Item 9C. | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | 114 |
| PART III | ||
| Item 10. | Directors, Executive Officers and Corporate Governance | 115 |
| Item 11. | Executive Compensation | 115 |
| Item 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 115 |
| Item 13. | Certain Relationships and Related Transactions, and Director Independence | 115 |
| Item 14. | Principal Accountant Fees and Services | 115 |
| PART IV | ||
| Item 15. | Exhibits and Financial Statement Schedules | 116 |
| Signatures | 119 | |
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SPECIAL NOTE ABOUT FORWARD-LOOKING STATEMENTS
This Annual Report on Form 10-K (this “Annual Report”) contains forward-looking statements within the meaning of, and we intend such forward-looking statements to be covered by, the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts, and these statements may include words such as “anticipate,” “estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “may,” “will,” “should,” “can have,” “likely,” and other words and terms of similar meaning. For example, all statements we make relating to our estimated and projected costs, expenditures, cash flows, growth rates, and financial results or our plans and objectives for future operations, growth initiatives, or strategies are forward-looking statements.
Because forward-looking statements relate to the future, they involve substantial risks and uncertainties, and you should not rely upon forward-looking statements as predictions of future events or place undue reliance thereon. We derive many of our forward-looking statements from our operating budgets and forecasts, which are based on many detailed assumptions. While we believe that our assumptions are reasonable, we caution that it is very difficult to predict the impact of known factors, and it is impossible for us to anticipate all factors that could affect our actual results. Important factors that could cause actual results to differ materially from our expectations include the following:
our ability to sustain historical growth rates;
our ability to attract and retain customers and to deepen our relationships with existing customers;
the growth in the market for identity security solutions;
our ability to maintain successful relationships with our channel partners;
the length and unpredictable nature of our sales cycle;
our ability to compete successfully against current and future competitors;
the increasing complexity of our operations;
our ability to maintain and enhance our brand or reputation as an industry leader and innovator;
unfavorable conditions in our industry or the global economy;
our estimated market opportunity and forecasts of our market and market growth may prove to be inaccurate;
our ability to hire, retain, train, and motivate our personnel and our ability to maintain our corporate culture;
our ability to successfully introduce, use, and integrate artificial intelligence ("AI") with our solutions;
breaches in our security, cyber attacks, or other cyber risks;
interruptions, outages, or other disruptions affecting the delivery of our software as a service ("SaaS") solution or any of the third-party cloud-based systems that we use in our operations;
our ability to adapt and respond to rapidly changing technology, industry standards, regulations, or customer needs, requirements, or preferences;
real or perceived errors, failures, or disruptions in our platform or solutions;
the ability of our platform and solutions to effectively interoperate with our customers’ existing or future information technology ("IT") infrastructures;
our ability to comply with our privacy policy or related legal or regulatory requirements;
the impact of various tax laws and regulations, including our failure to comply therewith; and
other factors disclosed in the section titled “Risk Factors” and elsewhere in this Annual Report.
Any forward-looking statements made by us are based only on information available to us as of the date on which such statements are made and speaks only as of such date. We undertake no obligation to update any forward-looking statements made in this Annual Report to reflect events or circumstances after such date or to reflect new information or the occurrence of unanticipated events, except as required by law. Our forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures or investments we may make.
All written and oral forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by these cautionary statements as well as other cautionary statements that are made from time to time in our other filings with the Securities and Exchange Commission (the “SEC”) and other public communications.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.