SailPoint Technologies Holdings, Inc. (SAIL) Financial Statements (2024 and earlier)

Company Profile

Business Address 11120 FOUR POINTS DRIVE
AUSTIN, TX 78726
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2022
MRQ
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 435,445510,289443,79570,964
Cash and cash equivalents 435,445510,289443,79570,964
Restricted cash and investments 6,7196,3556,3256,272
Receivables 147,662112,255106,428101,469
Prepaid expense 13,74612,41111,8747,159
Contract with customer, asset, after allowance for credit loss 31,64010,6792,9552,464
Capitalized contract cost 25,96615,59210,9058,392
Other current assets 4,0602,9372,1363,835
Total current assets: 665,238670,518584,418200,555
Noncurrent Assets
Operating lease, right-of-use asset 23,80627,04831,104
Property, plant and equipment 17,15119,44321,30019,268
Intangible assets, net (including goodwill) 362,899305,065322,702294,237
Goodwill 289,430241,103241,051219,377
Intangible assets, net (excluding goodwill) 73,46963,96281,65174,860
Capitalized contract cost, net 68,72538,510  
Deferred income tax assets 4,047  
Other noncurrent assets 17,97415,01630,55420,374
Total noncurrent assets: 494,602405,082405,660333,879
TOTAL ASSETS: 1,159,8401,075,600990,078534,434
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 67,93437,73126,70822,143
Taxes payable 1,4139783,5324,941
Employee-related liabilities 10,5056,1633,4212,209
Accounts payable 6,0974,7533,2244,636
Accrued liabilities 49,91925,83716,53110,357
Deferred revenue 218,937165,995127,132
Debt 385,172326,6723,951 
Business combination, contingent consideration, liability  2,5002,500 
Contract with customer, liability95,919
Other undisclosed current liabilities 29,54824,96012,2736,367
Total current liabilities: 701,591557,858172,564124,429
Noncurrent Liabilities
Long-term debt and lease obligation 28,81733,080347,086 
Long-term debt, excluding current maturities   309,051 
Liabilities, other than long-term debt 25,19320,05227,40132,312
Deferred revenue 25,19318,72324,901
Contract with customer, liability18,382
Deferred tax liabilities, net4,142
Deferred income tax liabilities  1,329 
Other liabilities   2,5009,788
Operating lease, liability 28,81733,08038,035
Other undisclosed noncurrent liabilities   8,900 
Total noncurrent liabilities: 54,01053,132383,38732,312
Total liabilities: 755,601610,990555,951156,741
Equity
Equity, attributable to parent 404,239464,610434,127377,693
Common stock 9999
Additional paid in capital 481,910484,012442,407377,473
Retained earnings (accumulated deficit) (77,680)(19,411)(8,289)211
Total equity: 404,239464,610434,127377,693
TOTAL LIABILITIES AND EQUITY: 1,159,8401,075,600990,078534,434

Income Statement (P&L) ($ in thousands)

6/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues 438,954365,254288,515248,920
Cost of revenue (115,232)(85,747)(65,475)(54,670)
Gross profit: 323,722279,507223,040194,250
Operating expenses (382,798)(278,630)(232,473)(183,337)
Operating income (loss): (59,076)877(9,433)10,913
Nonoperating expense (2,372)(16,560)(3,655)(6,153)
Other nonoperating income (expense) (467)33(1,082)(1,446)
Interest and debt expense (2,680)(18,612) (1,848)
Income (loss) from continuing operations before equity method investments, income taxes: (64,128)(34,295)(13,088)2,912
Other undisclosed income from continuing operations before income taxes 2,68018,612 1,848
Income (loss) from continuing operations before income taxes: (61,448)(15,683)(13,088)4,760
Income tax expense (benefit) (186)4,9204,588(1,090)
Income (loss) from continuing operations: (61,634)(10,763)(8,500)3,670
Income (loss) before gain (loss) on sale of properties:(61,634)(10,763)(8,500)3,670
Net income (loss) attributable to parent: (61,634)(10,763)(8,500)3,670
Other undisclosed net loss available to common stockholders, basic    (29)
Net income (loss) available to common stockholders, diluted: (61,634)(10,763)(8,500)3,641

Comprehensive Income ($ in thousands)

6/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss): (61,634)(10,763)(8,500)3,670
Comprehensive income (loss), net of tax, attributable to parent: (61,634)(10,763)(8,500)3,670

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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