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Grew ARR 29% year-over-year to $877 million Expanded SaaS ARR 39% year-over-year to $540 million Finished the year with an ~80% year-over-year increase in the number of customers with more than $1 million of ARR AUSTIN, Texas, March 26, 2025 (GLOBE NEWSWIRE) -- SailPoint, Inc. (Nasdaq: SAIL), a leader in enterprise identity security, today announced financial results for its fiscal fourth quarter and full year, ended January 31, 2025. “We are very pleased to report our strong fourth quarter and full year 2025 results where our continued pursuit of efficient growth at scale drove a year of greater than ‘rule of 40' performance.
LONDON--(BUSINESS WIRE)--SailPoint, Inc. (Nasdaq: SAIL), a leader in unified identity security for enterprises, today announced SailPoint Harbor Pilot, a set of AI agents designed to help identity teams work smarter, respond faster and secure their organizations more efficiently. Unveiled at the Gartner® Identity & Access Management Summit in London, Harbor Pilot automates identity security tasks, simplifies workflow creation, and provides AI-driven insights through conversational prompts,.
Wall Street brokerages on Monday started coverage on SailPoint Technologies with broadly bullish views, but some analysts warned that the identity security provider could face increased competition.
AUSTIN, Texas, Feb. 28, 2025 (GLOBE NEWSWIRE) -- SailPoint, Inc. (Nasdaq: SAIL), a leader in enterprise identity security, will report its fiscal fourth quarter and full year 2025 financial results before the US markets open on Wednesday, March 26, 2025.
SailPoint re-entered the public market, raising $1.38 billion at $23/share, with a strong focus on identity security for enterprises. The company transitioned to a SaaS model, achieving 25% total revenue growth and 30% subscription revenue growth, with 92% of revenue now from subscriptions. SailPoint's non-GAAP gross margin is ~80% with non-GAAP operating margins ~14%, indicating strong financial health and potential for future profitability.
Seven IPOs and three SPACs were listed this week. Seven IPOs and four SPACs submitted initial filings. Some small IPOs are tentatively scheduled for the short holiday week ahead.
SailPoint's IPO on Thursday was a disappointment for anyone hoping it would indicate that tech IPOs are hot again.
Santosh Rao, Manhattan Venture Partners head of research, joins 'Closing Bell' to discuss the IPO market and outlook for 2025.
SailPoint stock was trading slightly higher to start the first full day of trading for the cybersecurity company. The post SailPoint Return To Public Markets Marks First Major Tech IPO Of 2025 appeared first on Investor's Business Daily.
SailPoint, founded in 2005, specializes in managing and securing enterprise identity access to critical applications and data. The company, which pioneered SaaS models, went public in 2017 and was acquired by Thoma Bravo in 2022. Thoma Bravo is now bringing the business public again, in an attempt to recycle its money in a relatively short period of time.