Investing.com -- Sailpoint Inc (NASDAQ:SAIL) shares jumped approximately 3% in premarket trading Wednesday after the cybersecurity firm reported better-than-expected fourth-quarter revenue and issued a strong earnings guidance.
The company's revenue for the fourth quarter climbed 18% year-over-year (YoY) to $240.12 million, beating the consensus estimate of $229.66 million.
Total annual recurring revenue (ARR) stood at $877 million, marking an increase of 29% YoY, while SaaS ARR jumped 39% YoY to $540 million.
“We are very pleased to report our strong fourth quarter and full year 2025 results where our continued pursuit of efficient growth at scale drove a year of greater than ‘rule of 40’ performance," said Mark McClain, SailPoint Founder and CEO.
"Identity security is increasingly recognized as a strategic enterprise security imperative today. CIOs and CISOs now realize the criticality of a unified, intelligent, and powerful identity security platform that is designed to handle enterprise-class scale, complexity, and velocity of change in fine-grained access needs. This becomes even more important with the rise of AI agents,” McClain continued.
For the first quarter of fiscal 2026, the company expects earnings per share (EPS) in the range of a loss of $0.02 to breakeven, compared to analysts' expectations of a $0.03 loss. Revenue is projected between $224 million and $226 million, compared to the consensus of $224.65 million.
Looking ahead to the full fiscal year 2026, SailPoint anticipates EPS between $0.14 and $0.18, well ahead of the consensus estimate of $0.09. Full-year revenue is forecast to come in between $1.025 billion and $1.035 billion, above the Street’s expectation of $1.02 billion.
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