SailPoint Q2 sales reach $309 million amid continued growth

• SailPoint reported fiscal second quarter 2027 revenue of $308.8 million, up 17% year over year.
• Adjusted earnings were $0.09 per share, above the $0.08 consensus estimate, with free cash flow of $37 million.
• Annual recurring revenue reached $1.231 billion, increasing 25% year over year as the company expanded its subscription base.

SailPoint (NASDAQ:SAIL) reported fiscal second quarter 2027 revenue of $308.8 million, increasing 17% year over year, while adjusted earnings reached $0.09 per share.

The company’s adjusted earnings exceeded the consensus estimate of $0.08 per share, while revenue was slightly below the $310.3 million Wall Street expectation.

Annual recurring revenue increased 25% year over year to $1.231 billion, while adjusted operating margin reached 20.3% and free cash flow totaled $37 million.

For the third quarter of fiscal 2027, SailPoint expects adjusted EPS of $0.07 to $0.08 and revenue between $326 million and $330 million, while full-year adjusted EPS guidance was updated to $0.30 to $0.34.

SailPoint provides identity security solutions that help organizations manage user access, permissions, and digital identities across enterprise systems.