SailPoint (SAIL) Gross Margin (2024 - 2026)
SailPoint's (SAIL) quarterly Gross Margin came in at 64.65% in Q2 2026, up 926.0% on a YoY basis from 6.3% in Q2 2025, and down 3.93% quarter-over-quarter from 67.29% in Q1 2026.
Analysis
SailPoint (SAIL) Gross Margin (2024 - 2026) Analysis & Trends
SailPoint (SAIL) has reported Gross Margin for 3 consecutive years, with 64.65% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 926.0% year-over-year to 64.65%; the trailing twelve-month figure through Apr 2026 stood at 66.39% (up 358.0% YoY), and the FY2026 full-year result was 64.47%, down 4.0% from the prior year.
- Gross Margin retreated to 64.65% in Q2 2026 per SAIL's latest filing, from 67.29% in the prior quarter.
- Across five years, Gross Margin topped out at 67.29% in Q1 2026 and bottomed at 55.39% in Q2 2025.
- Historically, Gross Margin has averaged 64.22% across 3 years, with a median of 66.34% in 2025.
- The sharpest annual moves came in 2025 and 2026: Gross Margin slumped 615 bps in 2025, then jumped 926 bps in 2026.
- Over 3 years, Gross Margin stood at 66.86% in 2024, then slipped by 1 bps to 66.34% in 2025, then fell by 3 bps to 64.65% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 64.65%, 67.29%, and 66.34% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 29.17 Bn | 26.87 Bn | 641.00 Mn | 79.63% |
| 2 | SailPoint | 10.04 Bn | 9.65 Bn | 181.11 Mn | 64.65% |
| 3 | Clear Secure | 4.39 Bn | 3.43 Bn | 276.82 Mn | 99.66% |
| 4 | First Advantage | 3.53 Bn | 3.29 Bn | 203.99 Mn | 45.46% |
| 5 | Cyberloq Technologies | 3.43 Bn | 3.43 Bn | - | - |
| 6 | Red Violet | 1.06 Bn | 1.01 Bn | 22.90 Mn | 85.71% |
| 7 | Mitek Systems | 806.83 Mn | 707.11 Mn | 45.92 Mn | 84.98% |
| 8 | OneSpan | 599.87 Mn | 556.54 Mn | 44.48 Mn | 73.57% |
| 9 | Intellicheck | 55.45 Mn | 43.62 Mn | 5.42 Mn | 91.30% |
| 10 | Aware | 27.39 Mn | 24.49 Mn | 2.73 Mn | 84.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 64.65% |
| Jan 31, 2026 | 67.29% |
| Oct 31, 2025 | 66.34% |
| Jul 31, 2025 | 67.26% |
| Apr 30, 2025 | 55.39% |
| Jan 31, 2025 | 66.54% |
| Oct 31, 2024 | 66.86% |
| Jul 31, 2024 | 62.10% |
| Apr 30, 2024 | 61.54% |