SailPoint, Inc.

For the period ended Jul 31, 2026. Filed Sep 10, 2026.

About this filing

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.

Jul 31, 2026 · Filed Sep 10, 2026

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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Contents

Condensed Consolidated Statements of Cash Flows

(In thousands)

	Six Months Ended July 31,
	2026	2025
Cash flows from operating activities
Net loss	$(125,034)	$(197,864)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization expense	106,736	104,531
Amortization and write-off of debt issuance costs	272	17,120
Amortization of contract acquisition costs	28,598	17,484
Adjustments to contingent consideration	—	1,609
Provision for credit losses	2,421	4,346
Equity-based compensation expense, net of amounts capitalized	137,426	154,061
Deferred taxes	(22,448)	(58,908)
Other	57	—
Net changes in operating assets and liabilities, net of acquisitions
Accounts receivable	57,467	46,275
Contract acquisition costs	(66,144)	(26,623)
Contract assets	(7,942)	(13,679)
Prepayments and other current assets	(15,310)	(21,241)
Other non-current assets	(382)	468
Operating leases, net	(67)	314
Accounts payable	7,591	(7)
Accrued expenses and other liabilities	(8,192)	(74,911)
Deferred revenue	(11,845)	163
Net cash provided by (used in) operating activities	83,204	(46,862)
Cash flows from investing activities
Purchase of property and equipment	(2,903)	(3,153)
Capitalized software development costs	(10,372)	(4,731)
Business acquisitions, net of cash acquired	(118,225)	—
Net cash used in investing activities	(131,500)	(7,884)
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)
Payments related to holdback and contingent consideration	—	(675)
Net cash provided by financing activities	—	207,672
Net change in cash, cash equivalents and restricted cash	(48,296)	152,926
Cash, cash equivalents and restricted cash, beginning of period	361,386	124,390
Cash, cash equivalents and restricted cash, end of period	$313,090	$277,316

	Six Months Ended July 31,
	2026	2025
Supplemental cash flow information:
Cash paid for:
Interest	$258	$36,746
Income taxes, net of refunds	5,902	3,312
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	3,411	3,139
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	2,985	812
Operating lease right of use assets obtained in exchange for lease liabilities	4,754	—
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	$309,850	$271,052
Restricted cash within prepayments and other current assets	3,240	6,264
Total cash, cash equivalents, and restricted cash in the consolidated statements of cash flows	$313,090	$277,316

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.