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
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments414,640435,445421,847407,634416,185510,289
Cash and cash equivalents414,640435,445421,847407,634416,185510,289
Restricted cash and investments6,7126,7196,7076,4046,3966,355
Receivables108,975147,662120,704113,48785,299112,255
Prepaid expense  13,746   12,411
Contract with customer, asset, after allowance for credit loss35,11531,64024,50018,60016,60010,679
Capitalized contract cost27,55525,96620,69618,03816,48615,592
Other current assets  4,060   2,937
Other undisclosed current assets22,496 17,34316,66516,790 
Total current assets:615,493665,238611,797580,828557,756670,518
Noncurrent Assets
Operating lease, right-of-use asset24,88223,80624,54125,47726,37527,048
Property, plant and equipment16,31917,15117,65518,40718,80919,443
Intangible assets, net (including goodwill)358,722362,899367,093372,025375,358305,065
Goodwill289,430289,430289,437289,437288,410241,103
Intangible assets, net (excluding goodwill)69,29273,46977,65682,58886,94863,962
Contract with customer, asset, after allowance for credit loss18,877     
Capitalized contract cost, net68,86868,72551,37543,66039,87538,510
Deferred income tax assets4,0474,047  1,232 
Other noncurrent assets1,36917,97410,25314,80713,46515,016
Total noncurrent assets:493,084494,602470,917474,376475,114405,082
TOTAL ASSETS:1,108,5771,159,8401,082,7141,055,2041,032,8701,075,600
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9,56867,9341,3766,6874,38437,731
Taxes payable1,3051,413   978
Employee-related liabilities10,505   6,163
Accounts payable8,2636,0971,3766,6874,3844,753
Accrued liabilities 49,919   25,837
Deferred revenue214,686218,937182,440169,798158,901165,995
Debt385,599385,172384,744384,317383,891326,672
Business combination, contingent consideration, liability      2,500
Other undisclosed current liabilities54,57729,54866,90446,13939,32424,960
Total current liabilities:664,430701,591635,464606,941586,500557,858
Noncurrent Liabilities
Long-term debt and lease obligation:29,58528,81729,76531,00032,03833,080
Liabilities, other than long-term debt27,12225,19323,32719,35317,37620,052
Deferred revenue27,12225,19323,30519,33117,37618,723
Deferred income tax liabilities   2222 1,329
Other liabilities      
Operating lease, liability29,58528,81729,76531,00032,03833,080
Total noncurrent liabilities:56,70754,01053,09250,35349,41453,132
Total liabilities:721,137755,601688,556657,294635,914610,990
Equity
Equity, attributable to parent387,440404,239394,158397,910396,956464,610
Common stock999999
Additional paid in capital498,195481,910462,723446,579428,883484,012
Accumulated deficit(110,764)(77,680)(68,574)(48,678)(31,936)(19,411)
Total equity:387,440404,239394,158397,910396,956464,610
TOTAL LIABILITIES AND EQUITY:1,108,5771,159,8401,082,7141,055,2041,032,8701,075,600

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

6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
Revenues115,420135,596110,110102,48690,762103,341
Cost of revenue(35,181)(32,179)(31,113)(27,590)(24,350)(27,954)
Gross profit:80,239103,41778,99774,89666,41275,387
Operating expenses(110,763)(111,206)(97,695)(91,902)(81,995)(78,238)
Operating loss:(30,524)(7,789)(18,698)(17,006)(15,583)(2,851)
Nonoperating expense(1,535)(614)(529)(639)(590)(4,371)
Other nonoperating income (expense)(660)(125)(122)(219)(1)255
Interest and debt expense(899)(629)(630)(632)(789)(4,855)
Loss from continuing operations before equity method investments, income taxes:(32,958)(9,032)(19,857)(18,277)(16,962)(12,077)
Other undisclosed income from continuing operations before income taxes8996296306327894,855
Loss from continuing operations before income taxes:(32,059)(8,403)(19,227)(17,645)(16,173)(7,222)
Income tax expense (benefit)(1,025)(1,302)(669)9038822,510
Loss from continuing operations:(33,084)(9,705)(19,896)(16,742)(15,291)(4,712)
Loss before gain (loss) on sale of properties:(33,084)(9,705)(19,896)(16,742)(15,291)(4,712)
Net loss available to common stockholders, diluted:(33,084)(9,705)(19,896)(16,742)(15,291)(4,712)

Comprehensive Income ($ in thousands)

6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
Net loss:(33,084)(9,705)(19,896)(16,742)(15,291)(4,712)
Comprehensive loss, net of tax, attributable to parent:(33,084)(9,705)(19,896)(16,742)(15,291)(4,712)

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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