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SailPoint Technologies Holdings (SailPoint Technologies Holdings) Gross Margin % : 70.44% (As of Jun. 2022)


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What is SailPoint Technologies Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SailPoint Technologies Holdings's Gross Profit for the three months ended in Jun. 2022 was $94.6 Mil. SailPoint Technologies Holdings's Revenue for the three months ended in Jun. 2022 was $134.3 Mil. Therefore, SailPoint Technologies Holdings's Gross Margin % for the quarter that ended in Jun. 2022 was 70.44%.


The historical rank and industry rank for SailPoint Technologies Holdings's Gross Margin % or its related term are showing as below:


SAIL's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 41.74
* Ranked among companies with meaningful Gross Margin % only.

SailPoint Technologies Holdings had a gross margin of 70.44% for the quarter that ended in Jun. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SailPoint Technologies Holdings was 0.00% per year.


SailPoint Technologies Holdings Gross Margin % Historical Data

The historical data trend for SailPoint Technologies Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SailPoint Technologies Holdings Gross Margin % Chart

SailPoint Technologies Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Get a 7-Day Free Trial 76.03 78.04 77.31 76.52 73.75

SailPoint Technologies Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 73.08 71.74 76.27 69.52 70.44

Competitive Comparison of SailPoint Technologies Holdings's Gross Margin %

For the Software - Infrastructure subindustry, SailPoint Technologies Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SailPoint Technologies Holdings's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, SailPoint Technologies Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where SailPoint Technologies Holdings's Gross Margin % falls into.



SailPoint Technologies Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

SailPoint Technologies Holdings's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=323.7 / 438.954
=(Revenue - Cost of Goods Sold) / Revenue
=(438.954 - 115.232) / 438.954
=73.75 %

SailPoint Technologies Holdings's Gross Margin for the quarter that ended in Jun. 2022 is calculated as


Gross Margin % (Q: Jun. 2022 )=Gross Profit (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=94.6 / 134.283
=(Revenue - Cost of Goods Sold) / Revenue
=(134.283 - 39.693) / 134.283
=70.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


SailPoint Technologies Holdings  (NYSE:SAIL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

SailPoint Technologies Holdings had a gross margin of 70.44% for the quarter that ended in Jun. 2022 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


SailPoint Technologies Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of SailPoint Technologies Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


SailPoint Technologies Holdings (SailPoint Technologies Holdings) Business Description

Traded in Other Exchanges
N/A
Address
11120 Four Points Drive, Suite 100, Austin, TX, USA, 78726
SailPoint Technologies Holdings Inc is an us-based company that acts as a provider of enterprise identity governance solutions. It mainly designs, develops, and markets identity governance software that helps organizations govern user access to critical systems and data. The company offers on-premises software and cloud-based solutions, which provide organizations with the intelligence required to empower users and govern their access to applications and data across hybrid IT (Information Technology) environments, whether comprised of on-premises, cloud or mobile applications. The company markets its products and services throughout North America, Europe, and the Asia Pacific regions. Most of the company's revenue comes from the United States.
Executives
Healy Colleen officer: CFO 11120 FOUR POINTS DRIVE, SUITE 100, AUSTIN TX 78726
Christopher Schmitt officer: General Counsel and Secretary 11120 FOUR POINTS DRIVE SUITE 100 AUSTIN TX 78726
Matt Mills officer: Chief Revenue Officer 11120 FOUR POINTS DRIVE SUITE 100 AUSTIN TX 78726
Tracey Newell director 4750 WILLOW ROAD, PLEASANTON CA 94588
Grady Summers officer: EVP, Solutions and Technology 1440 MCCARTHY BLVD, MILPITAS CA 95035
William G Bock director 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
Mark D. Mcclain director, officer: CEO and President C/O SAILPOINT TECHNOLOGIES HOLDINGS, INC 11120 FOUR POINTS DRIVE, SUITE 100 AUSTIN TX 78726
Eric Domagalski officer: Chief Accounting Officer 11120 FOUR POINTS DRIVE SUITE 100 AUSTIN TX 78726
James Cameron Mcmartin officer: CFO and Treasurer C/O SAILPOINT TECHNOLOGIES HOLDINGS, INC, 11120 FOUR POINTS DRIVE, SUITE 100, AUSTIN TX 78726
Heidi M Melin director C/O TALEO CORPORATION 4140 DUBLIN BOULEVARD, SUITE 400 DUBLIN CA 94568
Ronald J Green director 11120 FOUR POINTS DRIVE SUITE 100 AUSTIN TX 78726
Michael J Sullivan director C/O DAVIS POLK & WARDWELL 450 LEXINGTON AVENUE NEW YORK NY 10017
Sudhakar Ramakrishna director 4750 WILLOW RD., PLEASANTON CA 94588
Jason Ream officer: Chief Financial Officer C/O QUALYS, INC., 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Juliette Rizkallah officer: Chief Marketing Officer C/O SAILPOINT TECHNOLOGIES HOLDINGS, INC 11120 FOUR POINTS DRIVE, SUITE 100 AUSTIN TX 78726

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