SailPoint Announces Addition to Russell 3000® Index

Rhea-AI Summary

SailPoint (Nasdaq: SAIL), a leader in unified identity security for enterprises, has been added to the broad-market Russell 3000® Index effective June 30, 2025. This inclusion automatically places SailPoint in either the large-cap Russell 1000® Index or small-cap Russell 2000® Index, along with corresponding growth and value style indexes.

According to FTSE Russell data, approximately $10.6 trillion in assets are benchmarked against Russell US indexes. The company's CFO Brian Carolan views this inclusion as validation of SailPoint's growth and momentum, expecting it to enhance exposure to a broader investor base and support continued shareholder value.

Positive

• Inclusion in Russell 3000® Index increases visibility to institutional investors
• Access to $10.6 trillion in benchmarked assets
• Automatic inclusion in additional Russell indexes enhancing market exposure

Negative

• None.

News Market Reaction

-5.03%

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-5.03% News Effect

On the day this news was published, SAIL declined 5.03%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AUSTIN, Texas, July 01, 2025 (GLOBE NEWSWIRE) -- SailPoint, Inc. (Nasdaq: SAIL), a leader in unified identity security for enterprises, today announced it has been added as a member of the broad-market Russell 3000^® Index, which became effective after the US markets opened on June 30, 2025, as part of the 2025 Russell indexes reconstitution.

The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000^® Index, which remains in place for at least one year, also means automatic inclusion in the large-cap Russell 1000^® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell, a global index provider, determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

“Inclusion in the Russell 3000^® Index is a strong validation of the growth and momentum we’ve built at SailPoint,” said Brian Carolan, Chief Financial Officer, SailPoint. “We believe this milestone will enhance our exposure to a broader investor base and support continued shareholder value as we strive to scale our business and advance our leadership in identity security.”

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell.

For more information on the Russell 3000^® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

About SailPoint
At SailPoint, we believe enterprise security must start with identity at the foundation. Today’s enterprise runs on a diverse workforce of not just human but also digital identities—and securing them all is critical. Through the lens of identity, SailPoint empowers organizations to seamlessly manage and secure access to applications and data at speed and scale. Our unified, intelligent, and extensible platform delivers identity-first security, helping enterprises defend against dynamic threats while driving productivity and transformation. Trusted by many of the world’s most complex organizations, SailPoint secures the modern enterprise.

About FTSE Russell, an LSEG Business
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. 

FTSE Russell is wholly owned by London Stock Exchange Group. 

For more information, visit FTSE Russell.

Investor Relations for SailPoint
Scott Schmitz, SVP IR
IR@sailpoint.com

Media Relations for SailPoint
Samantha Person
Senior Manager, PR & Corporate Communications
Samantha.Person@SailPoint.com

FAQ

When did SailPoint (SAIL) join the Russell 3000® Index?

SailPoint joined the Russell 3000® Index effective June 30, 2025, as part of the 2025 Russell indexes reconstitution.

What does the Russell 3000® Index inclusion mean for SailPoint (SAIL)?

The inclusion provides SailPoint with increased exposure to institutional investors and automatic inclusion in either the Russell 1000® or Russell 2000® Index, potentially supporting shareholder value.

How much in assets are benchmarked against Russell US indexes?

Approximately $10.6 trillion in assets are benchmarked against Russell US indexes, according to data as of June 2024.

How long will SailPoint (SAIL) remain in the Russell 3000® Index?

SailPoint's membership in the Russell 3000® Index will remain in place for at least one year.