SailPoint Inc. released its fiscal first quarter 2026 financial results, reporting a GAAP operating loss of $185 million, which equates to 80% of revenue, compared to a $68 million loss, or 36% of revenue, in the same quarter of fiscal 2025. Subscription revenue increased by 27% year-over-year, amounting to $215 million. Adjusted income from operations for the quarter was $24 million, or 10% of revenue, up from $19 million, or 10% of revenue, in the previous fiscal year's first quarter. Looking ahead, SailPoint provided its financial outlook for the second quarter and full year of fiscal 2026. The company expects total revenue for the second quarter to range between $242 million and $244 million, with year-over-year growth between 22% and 23%. For the full fiscal year 2026, revenue is projected to be between $1.034 billion and $1.044 billion, reflecting a growth range of 20% to 21%. Total annual recurring revenue $(ARR)$ is anticipated to be between $1.095 billion and $1.105 billion, representing a year-over-year growth of 25% to 26%.