Slide 1: Q2 FY2027 Earnings Presentation
Q2 FY2027 Earnings Presentation August 27, 2026 1
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 accounting principles (“GAAP”), we believe non-GAAP measures used in this presentation, such as non-GAAP Gross Margin, non-GAAP Operating Margin, non-GAAP Net Inc
Slide 4: Q2 FY27 Results
Q2 FY27 Results Record Q2 Net New ARR 22% 4% 50%+ ARR Growth Net New ARR Growth Non-Endpoint Record ARR per Customer $1,218M $56M % of ARR Record Operating Margin SentinelOne Flex Exceeded 10% of ARR 21% 10% 10% Revenue Growth Operating Margin Net Income Margin $292M up ~820 bps (y/y) up ~430 bps (y
Slide 5: Q2 FY27 Performance Highlights
Q2 FY27 Performance Highlights • Q2 revenue above guidance & raised full year revenue outlook Strong Growth and • Record Q2 Net New ARR & 5th consecutive quarter of positive Net New ARR growth Margin Improvement • Record operating margin; ~820 bps operating margin improvement (y/y) & raised full yea
Slide 6: Key Product Highlights
Key Product Highlights Expanding through Multi-Product Adoption; Winning with Technology Leadership AI Security Cloud Triple-digit ARR Growth ARR Growth Accelerated in Q2 Fastest-growing Platform Solution Named A Visionary Leader, 2026 Frost & Sullivan Radar For Cloud Workload Protection Platforms D
Slide 7: Singularity Platform & Market Opportunity
Singularity Platform & Market Opportunity 7
Slide 8: Autonomous Security Platform for the Future
Autonomous Security Platform for the Future Old/Legacy People Driving Tech Tech Assisting People Signatures Cloud Based Monitoring AI on Device + Cloud • People powered; • Unified data platform • People powered technology assisted • Technology that scales people • Lacks scale and coverage • Data int
Slide 9: 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 antivirus AI-powered detections, 24-patents in AI security. The first security company Unified Defense, Outpace (AV) and endpoint security investigations, a
Slide 10: Powered by AI & Human Intelligence
Powered by AI & Human Intelligence Complete Attack Surface Protection Data, AI, and Automation Human Expertise SentinelOne® 10
Slide 11: Powered by Autonomous Security Intelligence
Powered by Autonomous Security Intelligence 11
Slide 12: Singularity Platform Solution Categories
Singularity Platform Solution Categories Covering a Broad Range AI Security (Prompt Security) of Distinct Cybersecurity • ADR, AIDR, AI Application Security, AI Governance & Compliance Capabilities Across Multiple Solution Categories AI SOC Cloud Data AI and Hyperautomation • Auto-Investigations • C
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 $50B+ AI Security • Identity Security $3B+ • Exposure Management Cloud Security $12B+ • Managed Detection and Response Data Analytics Data Protection $31B+ • Endpoint Sec
Slide 14: Partner Ecosystem Scales Market Presence
Partner Ecosystem Scales Market Presence Federal FedRAMP High Authorized VARs Distributors for Endpoint, AI-SIEM, Expanding Purple AI, CNAPP, Partnerships and Hyperautomation Incident Response Partnering with a majority of Winning MSSPs, MSPs Leader in MSSP Ecosystem Incident Response providers Toge
Slide 15: Recognized Technology Leadership
Recognized Technology Leadership Industry Accolades & Recognitions 15
Slide 16: Trusted and Industry Proven
Trusted and Industry Proven A Leader in the SE Labs AAA Rating A Leader in 97% Would 2026 Gartner® in Endpoint Security Unified Agentic Defense Recommend SentinelOne Magic Quadrant Protection Named an Innovator in inaugural XDR (Based on 144 reviews, 97%, Majestic Technoscope from Software Jan 2025)
Slide 17: The Business Value of Purple AI
Key Results The Business Value of Purple AI IDC’s study demonstrates how SentinelOne’s Purple AI enables organizations to enhance their security operations by providing natural language processing capabilities, automated summarization for event logs, and suggested investigation questions. 60% 55% 33
Slide 18: The Business Value of Singularity AI SIEM
Key Results The Business Value of Singularity AI SIEM “One of the most significant business impacts of SentinelOne Singularity AI SIEM is that we can take the same budget and increase our security posture. We’re also able to leverage what we’re seeing to help the business through metrics and statist
Slide 19: The Business Value of Singularity Endpoint
Key Results The Business Value of Singularity Endpoint “Our security operations team is about two times as productive with SentinelOne. To reach the same level of effectiveness without it, we would have had to double our staff, which wasn’t feasible given our budget constraints.” 53% 54% 301% More t
Slide 20: Best Endpoint Security & Cloud Security at 2025 SC Awards
Best Endpoint Security & Cloud Security at 2025 SC Awards SentinelOne® 20
Slide 21: Frost Radar: Endpoint Security
Frost Radar : Endpoint Security Recognized as the Best Performing Vendor The Growth and Innovation Leader in the 2025 Frost & Sullivan Radar for Endpoint SentinelOne® 21
Slide 22: IDC MarketScape Worldwide Managed Detection & Response
IDC MarketScape Worldwide Managed Detection and Response Service for Midmarket, 2026 Recognized as a Leader IDC MarketScape: Worldwide Managed Detection & Response Service for Midmarket Source: IDC 2026 SentinelOne® 22
Slide 23: IDC MarketScape Worldwide Extended Detection & Response
IDC MarketScape Worldwide Extended Detection and Response Software, 2025 Recognized as a Leader IDC MarketScape: Worldwide Extended Detection & Response Software 2025 Vendor Assessment Source: IDC 2025 SentinelOne® 23
Slide 24: A Culture Built on Trust
A Culture Built on Trust Our Values Trust | Accountability | Ingenuity | OneSentinel | Relentlessness | Community SentinelOne® 24
Slide 25: Best-in-class Portfolio Across Security, AI and Data Alumni
Best-in-class Portfolio Across Security, AI and Data Alumni Acquired by Cisco Acquired by Rubrik Acquired by Rapid7 Acquired by Kela SentinelOne® 25
Slide 26: Q2 FY2027 Financial Overview
Q2 FY2027 Financial Overview 26
Slide 27: Q2 FY27 ARR & Revenue Growth
Q2 FY27 ARR & Revenue Growth 21% 22% 4% Growth in Q2 FY27 (y/y) Growth in Q2 FY27 (y/y) Growth in Q2 FY27 (y/y) Revenue Annualized Recurring Revenue (ARR) Quarterly Net New ARR (in millions) (in millions) (in millions) Reported Revenue Met or Exceeded Guidance $1 ,4 00 $6 0 $56 35 0 $1,218 $1,163 $5
Slide 28: Q2 FY27 Margin Expansion
Q2 FY27 Margin Expansion Gross Margin Operating Margin 12.0% Net Income Margin Earnings Per Share % (non-GAAP) 12.0% % (non-GAAP) % (non-GAAP) 9.0% $ (non-GAAP) 9.8% $0.08 10.5% 90% 10.0% 8.0% 80% 79% 77% 10.0% 7.0% 8.0% 70% 6.0% 8.0% 60% 5.0% 5.4% 6.0% $0.04 50% 6.0% 4.0% 40% 4.0% 3.0% 4.0% 30% 2.2
Slide 29: Customer Growth & Platform Momentum
Customer Growth & Platform Momentum 13% Growth (y/y) 75%+ Growth (y/y) 120%+ Growth (y/y) 150%+ Growth (y/y) 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*
Slide 30: Guidance
Guidance Q3 FY27 Full Year FY27 Revenue $309 – $311M $1.202 – $1.207B Operating Income $38 – $40M $124 – $128M (Non-GAAP) EPS (Non-GAAP) $0.08 – $0.09 $0.30 – $0.32 Tax Rate (Non-GAAP) ~17% ~17% Diluted Weighted Avg ~370M ~361M Shares Outstanding Note: See Appendix for definition of metrics and a re
Slide 31: Appendix
Appendix 31
Slide 32: 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 33: Appendix (Cont'd): Non-GAAP Definitions
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 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, 2023–2027: Endpoint Security Platformization Propels Robust Growth (January 2024) • IDC Worldwide Threat Int
Slide 35: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended July 31, Six Months Ended July 31, 2026 2025 2026 2025 Cost of revenue reconciliation: GAAP cost of revenue $ 81,563 $ 60,474 $ 159,528 $ 117,006 Stock-based compensation expense (6,199) (5,399) (12,094) (10,064) Employer payroll tax on employee sto
Slide 36: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended July 31, Six Months Ended July 31, 2026 2025 2026 2025 Research and development expense reconciliation: GAAP research and development expense $ 96,882 $ 79,091 $ 192,652 $ 151,344 Stock-based compensation expense (28,401) (24,289) (57,349) (45,230)
Slide 37: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended July 31, Six Months Ended July 31, 2026 2025 2026 2025 Restructuring expense reconciliation: GAAP restructuring expense $ 24,425 $ 3,883 $ 24,457 $ 9,050 Stock-based compensation expense (10,821) — (10,821) 36 Other restructuring charges (13,604) (3
Slide 38: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended July 31, Six Months Ended July 31, 2026 2025 2026 2025 Provision for income taxes reconciliation: GAAP provision for income taxes $ 6,376 $ 3,270 $ 12,139 $ 136,762 Income tax adjustments (534) — (3,798) (131,283) Non-GAAP provision for income taxes
Slide 39: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended July 31, Six Months Ended July 31, 2026 2025 2026 2025 GAAP basic and diluted shares 341,527,623 330,938,421 339,301,479 329,481,933 Dilutive shares under the treasury stock method 14,370,524 9,074,635 9,685,516 10,212,588 Non-GAAP diluted shares 35
Slide 40: Selected Cash Flow Information
Selected Cash Flow Information Three Months Ended July 31, Six Months Ended July 31, 2026 2025 2026 2025 Reconciliation of cash (used in) provided by operating activities to free cash flow and adjusted free cash flow: GAAP net cash (used in) provided by operating activities $ (6,545) $ (1,043) $ 31,
Slide 41: SentinelOne
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