SailPoint, Inc. (NASDAQ: SAIL) is trading lower in pre-market trading as markets react to its fourth quarter results and forward guidance.
The company reported its fourth quarter 2026 financial results, revealing a revenue of $294.65 million, which exceeded the consensus estimate of $292.61 million. The company’s earnings per share (EPS) stood at $0.08, meeting market expectations.
Despite the strong quarterly performance, SailPoint’s guidance for the first quarter of 2027 indicates that both EPS and revenue are expected to fall below analyst forecasts. For the full year 2027, SailPoint’s projections also slightly miss consensus estimates.
However, the company reported a 28% year-over-year increase in total annual recurring revenue (ARR), with software-as-a-service (SaaS) ARR rising by 38%. Additionally, adjusted income from operations showed improvement on both a quarterly and annual basis.
SailPoint, Inc. traded at $12.87 during pre-market trading, compared with the previous close of $14.71.