Sentinelone, Inc. · NYSE:S
Sentinelone — Q4 2026 Earnings Presentation
40 slides from Sentinelone's earnings presentation, Mar 12, 2026
Slide 1: Q4 & FY2026 Earnings Presentation
Q4 & FY2026 Earnings Presentation March 12, 2026
Slide 2: Safe Harbor
Safe Harbor This presentation includes express and implied “forward-looking statements”, including with the Securities and Exchange Commission. Although our management believes that the forward-looking statements within the meaning of the Private Securities Litigation Reform Act expectations reflect
Slide 3: Financial Information: Use of Non-GAAP Financial Measures
Financial Information Use of Non-GAAP Financial Measures In addition to our results determined in accordance with U.S. generally accepted accounting Investors are encouraged to review the related GAAP financial measures and the principles (“GAAP”), we believe non-GAAP measures used in this presentat
Slide 4: Q4 FY26 Results
Q4 FY26 Results Strong Growth and 22% 20% 50%+ Margin Improvement ARR Growth Growth in Customers Emerging Products % $1,119M $1M+ ARR of Annual Bookings Record High Q4 Net New ARR Record High ARR per Customer 20% 78% 6% 50%+ of Annual Bookings Revenue Growth Gross Operating Margin from Emerging Prod
Slide 5: Q4 FY26 Performance Highlights
Q4 FY26 Performance Highlights • 6% y/y Net New ARR Growth in Q4; 2% y/y Net New ARR Growth in FY 2026, ending Strong Growth and the year with 3 consecutive quarters of positive Net New ARR growth Margin Improvement • Achieved full year non-GAAP operating profitability, 600+ bps margin improvement y
Slide 6: Singularity Platform & Market Opportunity
Singularity Platform & Market Opportunity
Slide 7: Autonomous Security for the Future
Autonomous Security for the Future Tech Assisting People People Driving Tech Old / Legacy AI on Device + Cloud Unified data platform Signatures Cloud Based Monitoring Technology that scales people People powered People powered; technology assisted Machine-built context + response Lacks scale and cov
Slide 8: AI-Powered Cybersecurity
AI-Powered Cybersecurity 2013—2020 2020—2025 2025+ First to AI/ML Behavioral AI Industry Leader Purple AI Autonomous Security Reinvented legacy AI-powered detections, 24-patents in AI The first security Unified Defense, Outpace antivirus (AV) and investigations, and security. Forbes 50 company to la
Slide 9: Powered by AI & Human Intelligence
Powered by AI & Human Intelligence Complete Attack Surface Protection Data, AI, and Automation Human Expertise 9
Slide 10: Powered by Autonomous Security Intelligence
Powered by Autonomous Security Intelligence 10
Slide 11: Singularity Platform Solution Categories
Singularity Platform Solution Categories Securing AI & Endpoint Cloud Data Identity Exposure Threat Automation Management Services • Gen-AI Security and • EPP, EDR, XDR • CWP • DSPM • Identity Threat Detection & • Extended Security Posture • Wayfinder (AI + Human Compliance (via • Remote Ops Forensi
Slide 12: Vast, Growing, and Diverse Total Addressable Market
Vast, Growing, and Diverse Total Addressable Market At the Intersection of Data, Security and AI $100B+ Total Addressable Market 2025 Market Forecasts* $50B+ Generative AI Security • Identity Security $3B • Exposure Management Cloud Security Managed Detection $12B • and Response Data Analytics • Dat
Slide 13: Partner Ecosystem Scales Market Presence
Partner Ecosystem Scales Market Presence FedRAMP High Authorized Expanding for Endpoint, AI-SIEM, VARs, Partnerships Purple AI, CNAPP, Federal Distributors and Hyperautomation Partnering with a majority Incident Winning MSSPs, Leader in MSSP of Incident Response providers Response Together MSPs Ecos
Slide 14: Recognized Technology Leadership
Recognized Technology Leadership Industry Accolades & Recognitions
Slide 15: Trusted and Industry Proven
Trusted and Industry Proven A Leader in the A Leader in 95%+ Would SE Labs AAA Rating 2025 Gartner® Unified Agentic Recommend in Endpoint Security Magic Quadrant Defense SentinelOne Protection for Endpoint Protection Named an Innovator in XDR (Based on 144 reviews, 100% Detection, Zero Platforms for
Slide 16: The Business Value of Purple AI
The Business KEY RESULTS Value of Purple AI IDC’s study demonstrates how SentinelOne’s Purple AI enables organizations to enhance their security operations by providing natural 60% 55% 338% language processing capabilities, automated summarization for event Reduced likelihood Faster to remediate Thr
Slide 17: 2025 Gartner Magic Quadrant for Endpoint Protection Platforms
® 2025 Gartner Magic Quadrant for Endpoint Protection Platforms A Leader for the 5th Consecutive Year Gartner, Magic Quadrant for Endpoint Protection Platforms, Evgeny Mirolyubov, Franz Hinner, Deepak Mishra, 14, July 2025 This graphic was published by Gartner, Inc. as part of a larger research docu
Slide 18: Frost Radar: Endpoint Security
Frost Radar : Endpoint Security The Growth and Innovation Leader in the 2025 Frost & Sullivan Radar for Endpoint Recognized as the Best Performing Vendor Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation a
Slide 19: Best Endpoint Security and Cloud Security at 2025 SC Awards
Best Endpoint Security and Cloud Security at 2025 SC Awards Source: SentinelOne, SC Media 19
Slide 20: IDC MarketScape: Worldwide Extended Detection and Response
eaders icrosoft SentinelOne SentinelOne rend icro Sophos IDC MarketScape: lastic CrowdStrike Check Point Worldwide Extended S rellix ectra AI Fortinet Palo Alto etworks Stellar Cyber ai Detection and Response Darktrace itdefender evel lue Cisco Capabilities Software 2025 Vendor ajor Players Anomali
Slide 21: Best-in-class Portfolio Across Security, AI and Data
Best-in-class Portfolio Across Security, AI and Data Alumni Acquired by Cisco Acquired by Rubrik Acquired by Rapid7 Acquired by Kela 21
Slide 22: A Culture Built on Trust
A Culture Built on Trust OUR VALUES T R U S T | A C C O U N TA B I L I T Y | I N G E N U I T Y | O N E S E N T I N E L | R E L E N T L E S S N E S S | C O M M U N I T Y 22
Slide 23: Q4 & FY2026 Financial Overview
Q4 & FY2026 Financial Overview
Slide 24: Full Year FY26 Financial Highlights
Full Year FY26 Financial Highlights ARR Revenue Gross Margin Operating Margin (in millions) (in millions) % (non-GAAP) % (non-GAAP) 22% (y/y) Growth 22% (y/y) Growth 3% $1,001 79% 79% $1,119 $821 $920 $621 -3% $724 77% -19% FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Net New ARR Grow
Slide 25: Q4 FY26 ARR & Revenue Growth
Q4 FY26 ARR & Revenue Growth Strong Growth Profile, Outperformed Expectations Annualized Recurring Revenue (ARR) Revenue (in millions) (in millions) 22% (y/y) Growth in Q4 FY26 20% (y/y) Growth in Q4 FY26 $30 0 $1,2 00 $271 $1,119 $259 $1,1 00 $1,055 $25 0 $242 $1,001 $226 $229 $1,0 00 $948 $920 $90
Slide 26: Q4 FY26 Margin Expansion
Q4 FY26 Margin Expansion Gross Margin Operating Margin 12. 0% Net Income Margin Free Cash Flow Margin % (non-GAAP) % (non-GAAP) % (non-GAAP) 6.0 % % (non-GAAP, Trailing-Twelve Months) 6.5 % 90% 10. 0% 79% 78% 5.7% 8.7% 5.0 % 5.2% 80% 5.5 % 8.0 % 70% 4.0 % 4.5 % 60% 50% 3.5 % 6.0 % 5.4% 3.0 % 40% 4.0
Slide 27: Customer Growth & Platform Momentum
Customer Growth & Platform Momentum Customers with ARR % of Enterprise Customers % of Enterprise Customers % of Enterprise Customers of $100K or More with 3 or More Solutions* with 4 or More Solutions* with 5 or More Solutions* 18% (y/y) Growth 75%+ (y/y) Growth 120%+ (y/y) Growth 150%+ (y/y) Growth
Slide 28: Healthy Retention and Expansion with $100K+ ARR Customers
Healthy Retention and Expansion with $100K+ ARR Customers Q1’26 Q2’26 Q3’26 Q4’26 110% 111% 112% 109% NRR NRR NRR NRR 96% 96% 96% 96% GRR GRR GRR GRR 28
Slide 29: Guidance
Guidance Q1 FY27 Full Year FY27 Revenue $276 - $278 Million $1.195 - $1.205 Billion Non-GAAP Operating Income $4 - $6 Million $110 - $120 Million Non-GAAP EPS $0.01 - $0.02 $0.32 - $0.38 Non-GAAP Tax Rate 17% 17% Diluted Weighted Avg Shares Outstanding ~345 Million ~352 Million Note: See Appendix fo
Slide 30: Appendix
Appendix
Slide 31: Appendix: Key Business Metrics
Appendix Key Business Metrics We monitor the following key metrics to help us evaluate our business, identify trends affecting our business, formulate business plans and make strategic decisions. Annualized Recurring Revenue (ARR) We believe that ARR is a key operating metric to measure our business
Slide 32: Appendix (Cont'd)
Appendix (Cont’d) Non-GAAP Gross Margin We define non-GAAP gross margin as GAAP gross margin, excluding stock-based compensation (SBC) expense, employer payroll tax on employee stock transactions, amortization of acquired intangible assets and acquisition-related compensation costs. Non-GAAP Operati
Slide 33: Appendix (Cont'd): TAM Report Sources
Appendix (Cont’d) Reports used for data shown in the chart titled ‘Vast, Growing, and Diverse Total Addressable Market’: CY25 TAM: • IDC Worldwide Corporate Endpoint Security Forecast Update, 2023–2027: Endpoint Security Platformization Propels Robust Growth (January 2024) • IDC Worldwide Threat Int
Slide 34: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended Twelve Months Ended January 31, January 31, 2026 2025 2026 2025 Cost of revenue reconciliation: GAAP cost of revenue $ 74,320 $ 57,010 $ 259,177 $ 211,106 Stock-based compensation expense (5,876) (5,862) (21,584) (22,105) Employer payroll tax on emp
Slide 35: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended Twelve Months Ended January 31, January 31, 2026 2025 2026 2025 Research and development expenses reconciliation: GAAP research and development expense $ 89,363 $ 74,626 $ 323,853 $ 267,002 Stock-based compensation expense (24,360) (22,865) (94,542)
Slide 36: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended Twelve Months Ended January 31, January 31, 2026 2025 2026 2025 Restructuring expense reconciliation: GAAP restructuring expenses $ 44 $ — $ 12,265 $ — Stock-based compensation (5) — 578 — Other restructuring charges (39) — (12,843) — Non-GAAP restr
Slide 37: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended Twelve Months Ended January 31, January 31, 2026 2025 2026 2025 Net income (loss) reconciliation: GAAP net loss $ (110,232) $ (70,788) $ (450,735) $ (288,441) Stock-based compensation expense 79,707 74,113 297,587 267,531 Employer payroll tax on emp
Slide 38: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended Twelve Months Ended January 31, January 31, 2026 2025 2026 2025 GAAP basic and diluted shares 334,843,972 321,446,833 330,111,148 314,811,783 Dilutive shares under the treasury stock method 6,047,544 17,526,337 8,646,610 18,192,341 Non-GAAP diluted
Slide 39: Selected Cash Flow Information
Selected Cash Flow Information Three Months Ended Twelve Months Ended January 31, January 31, 2026 2025 2026 2025 Reconciliation of cash provided by (used in) operating activities to free cash flow: GAAP net cash provided by (used in) operating activities $ 4,371 $ (3,401) $ 76,616 $ 33,728 Less: Pu
Slide 40: SentinelOne
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