SailPoint, Inc. (SAIL) achieved 18% year-over-year growth in recurring revenue during its most recent fiscal quarter, driven by sustained demand for identity governance solutions. The company’s subscription-based model continues to strengthen as enterprises prioritize digital security.
- 18% YoY growth in recurring revenue for Q3 2025
- $218 million total revenue, with 94% from subscriptions
- ARR reached $726 million, up 20% YoY
- 120 new enterprise customers added in the quarter
- Adjusted EBITDA margin improved to 26%
- Market cap exceeds $14 billion
SailPoint, Inc. (SAIL) reported a robust 18% increase in recurring revenue for the quarter ended November 30, 2025, reflecting strong adoption of its identity governance and administration (IGA) platform. This growth underscores the company's ability to convert enterprise interest into long-term contracts amid escalating cybersecurity threats and regulatory scrutiny. The company’s total revenue reached $218 million, with subscription revenue accounting for 94% of the total—up from 91% in the same period last year. Annual Recurring Revenue (ARR) expanded to $726 million, a 20% year-over-year increase, signaling sustained customer retention and expansion. This performance highlights SailPoint’s shift toward a predictable, subscription-driven revenue model that investors favor in uncertain macroeconomic environments. The demand for identity-centric security solutions is intensifying, particularly in regulated industries such as finance, healthcare, and government. SailPoint’s platform enables organizations to manage user access across hybrid cloud environments, a critical capability as digital transformation accelerates. The company added 120 new enterprise customers during the quarter, including several Fortune 500 firms, further validating its market position. Market analysts note that SailPoint’s recurring revenue trajectory positions it favorably within the broader cybersecurity sector. The company’s adjusted EBITDA margin improved to 26%, reflecting operational efficiency gains. With a current market capitalization exceeding $14 billion, SAIL's performance is being closely monitored by institutional investors seeking exposure to secure, high-growth technology firms in the identity management space.