SailPoint Inc 2026年季度报告

Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12months (or for such shorterperiod that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past 90days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of RegulationS-T (§232.405 of this chapter) during thepreceding 12months (or for such shorter period that the registrant was required to submit such files).YesNo If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards providedpursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No The registrant had567,182,997shares of common stock outstanding as of June5, 2026. Table of Contents SailPoint, Inc.Quarterly Report on Form 10-Q Table of Contents PART I Item 1.Financial Statements (Unaudited)Condensed Consolidated Balance Sheets3Condensed Consolidated Statements of Operations4Condensed Consolidated Statements of Redeemable Convertible Units, Stockholders' Equity and Partner's Deficit5Condensed Consolidated Statements of Cash Flows6Notes to Condensed Consolidated Financial Statements (Unaudited)8Special Note About Forward-Looking Statements20Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations21Item 3.Quantitative and Qualitative Disclosures About Market Risk36Item 4.Controls and Procedures36 PARTII Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures SAILPOINT, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(In thousands, except share and per share amounts)(unaudited) April 30,2026January 31, 2026 Assets SAILPOINT, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(In thousands, except per share amounts)(unaudited) See accompanying notes to condensed consolidated financial statements. SAILPOINT, INC.CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE UNITS, STOCKHOLDERS' EQUITY ANDPARTNERS' EQUITY(In thousands)(unaudited) SAILPOINT, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(In thousands)(unaudited) SAILPOINT, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(unaudited) 1. Description of Business and Summary of Significant Accounting Policies Organization On February 12, 2025, in connection with our initial public offering ("IPO"), SailPoint Parent, LP converted into a Delawarecorporation pursuant to a statutory conversion and changed its name to SailPoint, Inc. (the "Corporate Conversion"). The purpose of theCorporate Conversion was to reorganize the Company's corporate structure so that the entity offering its securities to the public in the IPOwould be a corporation rather than a limited partnership. References in this Quarterly Report on Form 10-Q to “SailPoint,” the “Company,”“we,” “us” and “our” (i) for periods prior to the Corporate Conversion, refer to SailPoint Parent, LP and, where appropriate, its consolidatedsubsidiaries and (ii) for periods after the Corporate Conversion, refer to SailPoint, Inc. and, where appropriate, its consolidated subsidiaries. In conjunction with the Corporate Conversion, all of the Company's outstanding partnership units were converted into an aggregate of499,060,464 shares of our common stock. The number of shares of common stock issuable to holders of Class A Units of SailPoint Parent, LP("Class A Units") and holders of Class B Units of SailPoint Parent, LP ("Class B Units") in connection with the Corporate Conversion weredetermined pursuant to the applicable provisions of the plan of conversion. The Company continues to be controlled by Thoma Bravo UGP,LLC (together with its affiliated entities, "Thoma Bravo") following the Corporate Conversion. After giving effect to the Corporate Conversionand the closing of the Company's IPO, Thoma Bravo controlled approximately 86.2% of the voting power of the Company. The condensedconsolidated financial statements and footnotes give effect to the Corporate Conversion on a prospective basis as of the conversion date. The Company conducts business as SailPoint and delivers solutions to enable comprehensive identity security for the enterprise. Completion of Initial Public Offering On February 14, 2025, the Company closed its IPO of 60.0 million shares of its common stock, of which 57.5 million shares were soldby the Company and 2.5 million shares were sold by certain selling stockholders, at an initial offering price to the public of $23.00 per shar