Slide 1: Q2 FY2026 Earnings Presentation
Q2 FY2026 Earnings Presentation August 28, 2025
Slide 2: Safe Harbor
Safe Harbor This presentation includes express and implied “forward-looking statements”, including implied in the statements. Such risks and uncertainties are described in the “Risk Factors” forward-looking statements within the meaning of the Private Securities Litigation Reform of our most recent
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 Investors are encouraged to review the related GAAP financial measures and the accounting principles (“GAAP”), we believe non-GAAP measures used in this presentat
Slide 4: Q2 FY26 Highlights
Q2 FY26 Highlights Crossed a Billion Dollars in ARR 24% 23% ~50% ARR Growth Customers with Emerging Products $1,001M $100K+ ARR Quarterly Bookings Record Q2 Net New ARR, 22% y/y growth Record High ARR per Customer 22% 79% 2% Revenue Growth Gross Operating Margin Launched SentinelOne $242M Margin 500
Slide 5: Q2 FY26 Key Takeaways
Q2 FY26 Key Takeaways Top-Tier Growth and • 24% ARR Growth – surpassed a billion-dollar scale Margin Improvement • On track to deliver top-tier growth and full year profitability • 23% Growth of $100K+ ARR Customers reflecting momentum with large enterprises Customer Growth • Record ARR per customer
Slide 6: Prompt Security Transaction Overview
Prompt Security Transaction Overview Strategic Importance Control, Enable, and Secure GenAI Adoption and Usage • Challenge: Secure Adoption of GenAI ‘Adopt GenAI safely’ across LLMs, AI assistants, and agentic tools — aligned with the most urgent needs Employees Developers Homegrown AI Apps Agentic
Slide 7: SentinelOne Flex at a Glance
SentinelOne Flex at a Glance Optimize Security Spend with Agility and Simplicity Optimize Spend Why Choose SentinelOne Flex? Dynamically adjust usage each quarter, eliminate waste and align spend with Quarterly Flexibility real-world needs. Adjust license entitlements flexibility to align with deplo
Slide 8: Singularity Platform & Market Opportunity
Singularity Platform & Market Opportunity
Slide 9: 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 10: AI-Powered Cybersecurity
AI-Powered Cybersecurity 2010—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 11: Singularity
Singularity | yPERAUTOMATION | MANAGED SERVICES SECURITY OPERATIONS Singularity Al SIEM Gartner Singularity Endpoint G IN ENDPOINT Singularity Identity cainen DATA INGEST THIRD-PARTY ENDPOINT THIRD-PARTY CLOUD SECURITY ENTITY , am | hus STRUCTURED THIRD PARTY DATA INTEGRATIONS FOR UNIFIED DETECTION
Slide 12: Singularity Platform Solution Categories
Singularity Platform Solution Categories AI & Endpoint Cloud Data Identity Exposure Threat Automation Management Services • Visibility across Native and • EPP, EDR, XDR • CWP • AI SIEM • Identity Threat Detection & • Extended Security Posture • PinnacleOne: Third-Party Data • Remote Ops Forensics •
Slide 13: 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 $12B • Managed Detection and Response Data Analytics • Dat
Slide 14: Winning Together
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 15: Recognized Technology Leadership
Recognized Technology Leadership Industry Accolades & Recognitions
Slide 16: Trusted and Industry Proven
Trusted and Industry Proven A Leader in the 2025 Enterprise 95%+ Would Gartner® Magic Quadrant Evaluation Recommend for Endpoint Protection 100% Protection & Detection, SentinelOne Platforms for 5th and Zero Delays or Gartner® Peer Insights Voice of the Customer consecutive year Configuration Change
Slide 17: 2024 MITRE ATT&CK Evaluations
2024 MITRE ATT&CK® Evaluations Signal to Noise Ratio 100% Detection Accuracy 16 steps + 16 substeps detected Alerts SentinelOne 71 100% Technique Palo Alto 319 Highest detection fidelity possible, delivered across macOS, Linux, and Windows Microsoft 577 Sophos 15,705 100% Real-Time Trend Micro 64,80
Slide 18: The Business Value of Purple AI
KEY RESULTS The Business Value of Purple AI IDC’s study demonstrates how SentinelOne’s Purple AI enables 60% 55% 338% organizations to enhance their security operations by providing Reduced likelihood Faster to remediate Three-year return natural language processing capabilities, automated of major
Slide 19: 2025 Gartner Magic Quadrant for Endpoint Protection Platforms
2025 Gartner Magic ® Quadrant for Endpoint Protection Platforms A Leader for 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 document
Slide 20: 2024 Gartner Customers' Choice for CNAPP
2024 Gartner Customers’ ® Choice for Cloud-Native Application Protection Platforms (CNAPP) Received 98% “Willingness to Recommend” Rating from User Reviews Gartner, Voice of the Customer for Cloud-Native Application Protection Platforms, By Peer Contributors, 27 December 2024 GARTNER is a registered
Slide 21: Growth and Innovation Leader in 2025 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 22: Best Endpoint Security and Cloud Security at 2025 SC Awards
Best Endpoint Security and Cloud Security at 2025 SC Awards Source: SentinelOne, SC Media 22
Slide 23: Best-in-class Portfolio Across Security, AI and Data
Best-in-class Portfolio Across Security, AI and Data Alumni 23
Slide 24: A Culture Built on Trust
A Culture Built on Trust Our Values Trust | Accountability | Ingenuity | OneSentinel | Relentlessness | Community 24
Slide 25: Q2 Financial Overview
>» Q2 Financial Overview
Slide 26: Q2 FY26 ARR & Revenue Growth
Q2 FY26 ARR & Revenue Growth Record Second-Quarter Net New ARR, Reflecting 22% Growth (y/y) – A Strong Uptick in New Business Generation Annualized Recurring Revenue (ARR) Revenue (in millions) (in millions) 24% (y/y) Growth in Q2 FY26 22% (y/y) Growth in Q2 FY26 $1,001 $30 0 $948 $1,00 $920 $242 $8
Slide 27: Platform & Customer Momentum
Platform & Customer Momentum Customers with ARR of $100K or More Enterprise Platform Adoption for Year Ending FY2025 23% (y/y) Growth in Q2 FY26 Enterprise Customers 1,411 1,459 1,513 ~40% Have Adopted 3+ Solution Categories 1,310 14 00 1,233 12 00 Customer Growth 10 00 3X in the prior 24-Months 80
Slide 28: Q2 FY26 Margin Expansion
Q2 FY26 Margin Expansion Gross Margin Operating Margin Net Income Margin Free Cash Flow Margin % (non-GAAP) % (non-GAAP) % (non-GAAP) % (Trailing-Twelve Months, TTM) 1.8% 6.0% 3.0% 2.0% 90 % 5.4% 80% 79% 2.2% 80 % 1.5% 2.0% 5.0% 70 % 1.0% 1.0% 4.0% 60 % 0.5% 0.0% 50 % 3.0% 40 % 0.0% -10. % 30 % 2.0%
Slide 29: Guidance
Guidance Q3 FY26 Full Year FY26 Revenue $256 Million $998-1,002 Million 22% Growth (y/y) 22% Growth (y/y) Gross Margin 78.5% 78.5-79.0% (Non-GAAP) Operating Margin 4% 3% (Non-GAAP) Revenue: Full Year FY26 outlook includes the ~1% impact attributable to the end of sale of Hologram (deception) solutio
Slide 30: SentinelOne
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Slide 31: Appendix
Appendix
Slide 32: Appendix: Key Business Metrics
Appendix Key Business Metrics Customers with ARR of $100,000 or More We monitor the following key metrics to help us evaluate our business, identify trends We believe that our ability to increase the number of customers with ARR of $100,000 or affecting our business, formulate business plans and mak
Slide 33: Appendix (Cont'd)
Appendix (Cont’d) Non-GAAP Gross Margin Free Cash Flow We define non-GAAP gross margin as GAAP gross margin, excluding stock-based Free cash flow is a non-GAAP financial measure that we define free cash flow as cash compensation (SBC) expense, employer payroll tax on employee stock transactions, (us
Slide 34: Appendix (Cont'd): TAM 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, • Forrester Global AI Software Forecast, 2023–2030 (September 2023) 2023–2027: Endpoint Security Platformiza
Slide 35: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended Six Months Ended July 31, July 31, 2025 2024 2025 2024 Cost of revenue reconciliation: GAAP cost of revenue $60,474 $50,699 $117,006 $100,836 Stock-based compensation expense (5,399) (5,564) (10,064) (10,433) Employer payroll tax on employee stock t
Slide 36: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended Six Months Ended July 31, July 31, 2025 2024 2025 2024 Research and development expense reconciliation: GAAP research and development expense $79,091 $63,602 $151,344 $121,923 Stock-based compensation expense (24,289) (20,811) (45,230) (38,276) Empl
Slide 37: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended Six Months Ended July 31, July 31, 2025 2024 2025 2024 Restructuring reconciliation: GAAP restructuring expense $3,883 $— $9,050 $— Stock-based compensation expense — — 36 — Restructuring charges (3,883) — (9,086) — Non-GAAP restructuring expense $—
Slide 38: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended Six Months Ended July 31, July 31, 2025 2024 2025 2024 Net income (loss) reconciliation: GAAP net loss ($72,019) ($69,184) ($280,212) ($139,289) Stock-based compensation expense 73,884 64,677 142,539 123,230 Employer payroll tax on employee stock tr
Slide 39: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended Six Months Ended July 31, July 31, 2025 2024 2025 2024 GAAP basic and diluted shares 330,938,421 312,615,531 329,481,933 310,358,089 Dilutive shares under the treasury stock method 9,074,635 15,508,286 10,212,588 19,210,555 Non-GAAP diluted shares 3
Slide 40: Selected Cash Flow Information
Selected Cash Flow Information Three Months Ended Six Months Ended July 31, July 31, 2025 2024 2025 2024 Reconciliation of cash (used in) provided by operating activities to free cash flow: GAAP net cash (used in) provided by operating activities ($1,043) $2,300 $51,231 $44,303 Less: Purchases of pr