SailPoint reports $309 million Q2 revenue growth
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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.
