Slide 1: Q1 FY2026 Earnings Presentation
Q1 FY2026 Earnings Presentation May 28, 2025
Slide 2: Safe Harbor
Safe Harbor This presentation includes express and implied “forward-looking statements”, including forward- Exchange Commission. Although our management believes that the expectations reflected in our looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. stat
Slide 3: Financial Information
Financial Information Use of Non-GAAP Financial Measures not rely on any single financial measure to evaluate our business. In addition to our results determined in accordance with U.S. generally accepted accounting Please see the appendix included at the end of this presentation for a discussion of
Slide 4: Q1 FY26 Highlights
Q1 FY26 Highlights Top Tier Growth and Margin Improvement 23% 24% 79% Revenue Growth ARR Growth Gross $229M $9 48 M Margin Record High ARR per Customer First FedRAMP High AI Security Offering -2% 3% 20% Record High Free Operating Net Income FCF Cash Flow Margin Margin Margin Margin Announced Authori
Slide 5: Q1 FY26 Key Takeaways
Q1 FY26 Key Takeaways • Launched Purple AI Athena, the industry's first true end-to-end Agentic AI platform Innovation Leadership for cybersecurity • Introduced unified Cloud Security Suite — bringing together CWP, CSPM, CDR, CDS, Cloud Identity, and AI-SPM as fully integrated solution powered by AI
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 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 security. The first security company Unified Defense, Outpace Threats, antivirus (AV) and investigations, and Fo
Slide 9: Singularity Platform
Singularity Platform Powered by foundational generative Al capabilities across every solution J— HYPERAUTOMATION |— MANAGED SERVICES SECURITY OPERATIONS Singularity Al SIEM Singularity Endpoint Singularity Identity Gartner. ALEADER IN ENDPOINT G #1 IN G2 DATA INGEST THIRD-PARTY ENDPOINT THIRD-PARTY
Slide 10: Singularity Platform Solution Categories
Sing ularity Platform Solution C ateg ories 1 2 3 4 5 6 7 AI & Automation Endpoint Cloud Data Identity Exposure Threat Services Management • Visibility across Native and • EPP, EDR, XDR • CWP • AI SIEM • Identity Threat Detection & • Extended Security Posture • PinnacleOne: Third-Party Data • Remote
Slide 11: Ultimate Cloud Security: Agent-based and Agentless CNAPP
Ultimate C loud Security: Ag ent-based and Ag entless CN APP CNAPP CWPP CSPM CDR AI-SPM Cloud-Native Application Protection #1 Ranked Cloud Workload Cloud Security Posture Cloud Detection AI Security Posture Platform Protection Platform Management & Response Management • Unified platform for full vi
Slide 12: Vast, Growing, and Diverse Total Addressable Market
Vast, Growing , and D iverse 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 • D
Slide 13: Partner Ecosystem Scales Market Presence
Partner Ecosystem Scales Market Presence FedRAMP High Certified for Endpoint, AI-SIEM, VARs, Federal Distributors Expanding Purple AI, CNAPP, Partnerships and Hyperautomation Partnering with a majority of Incident Winning MSSPs, Leader in MSSP Ecosystem Incident Response providers Response Together
Slide 14: Recognized Technology Leadership
Recognized Technology Leadership Accolades and Innovations
Slide 15: Trusted and Industry Proven
Trusted and Industry Proven A Leader in the 2024 Enterprise 95%+ Would Recommend Gartner® Magic Quadrant Evaluation SentinelOne for Endpoint Protection Platforms 100% Protection & Detection, for 4 consecutive years and Zero Delays or According to Gartner Peer Insights: Configuration Changes EPP (bas
Slide 16: 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 across macOS, Linux, and Windows Microsoft 577 Sophos 15,705 100% Real-Time Trend Micr
Slide 17: 2024 Gartner Customers' Choice for Cloud-Native Application Protection Platforms
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 18: Growth and Innovation Leader in 2025 Frost & Sullivan Frost Radar
Frost Radar : Endpoint Security The Growth and Innovation Leader in the 2025 Frost & Sullivan Radar for Endpoint Recognized for tech-first mindset, strong partner relationships, and strategic roadmap. Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve
Slide 19: SentinelOne Wins Best Endpoint Security and Cloud Security at 2025 SC Awards
SentinelOne Wins Best Endpoint Security and Cloud Security at the 2025 SC Awards Source: SentinelOne, SC Media 19
Slide 20: Best-in-class Portfolio Across Security, AI and Data
Best-in-class Portfolio Across Security, AI and Data Alumni 20
Slide 21: A Culture Built on Trust
A Culture Built on Trust OUR VALUES Trust - Accountability - Ingenuity - OneSentinel - Relentlessness - Community 21
Slide 22: Q1 Financial Overview
Q1 Financial Overview
Slide 23: Q1 FY26 ARR and Revenue Growth
Q1 FY26 ARR and Revenue Growth Top-Tier Growth Profile Annualized Recurring Revenue (ARR) Revenue (in millions) (in millions) 24% (y/y) Growth in Q1 FY26 23% (y/y) Growth in Q1 FY26 $1,00 $25 0 $948 $229 $920 $226 $90 0 $860 $211 $199 $806 $20 0 $186 $80 0 $762 $70 0 $15 0 $60 0 $10 0 $50 0 $40 0 $5
Slide 24: Platform and Customer Momentum
Platform and Customer Momentum Customers with ARR of $100K or More Enterprise Platform Adoption for Year EndingFY2025 22% (y/y) Growth in Q1 FY26 1,459 Enterprise Customers 1,411 ~40% H ave Adopted 3+ Solution Categ ories 1,310 14 00 1,233 12 00 1,193 Customer Growth 10 00 3X in the prior 24-Mo nths
Slide 25: Q1 FY26 Margin Expansion
Q1 FY26 Margin Expansion Gross Margin Operating Margin Net Income Margin Free Cash Flow Margin % (non-GAAP) % (non-GAAP) % (non-GAAP) % (Trailing-Twelve Months, TTM) 3.0% 3.5% 0.0% 3.0% 2.9% 2.0% 2.0% 79% 79% -10. % 2.5% 1.0% -20. % -1.7% 2.0% 0.0% -30. % 1.5% -1.0% -40. % 1.0% -20. % -50. % 0.5% -3
Slide 26: Guidance
Guidance Q2 FY26 Full Year FY26 Revenue $242 Million $996-1,001 Million 22% (y/y) Growth 22% (y/y) Growth Non-GAAP 79% 78.5-79.5% Gross Margin Non-GAAP 0% 3-4% Operating Margin Full Year FY26 revenue outlook continues to incorporate the impact of end of sale of Hologram (deception) solution 26
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Slide 28: Appendix
Appendix
Slide 29: 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 affecting our We believe that our ability to increase the number of customers with ARR of $100,000 or more business, formulate business plans an
Slide 30: Appendix (Cont'd)
Appendix (Cont’d) N on - G A A P G ross M arg in operating activities less purchases of property and equipment and capitalized internal-use software costs. We believe free cash flow is a useful indicator of liquidity that provides our We define non-GAAP gross margin as GAAP gross margin, excluding s
Slide 31: Appendix (Cont'd)
Appendix (Cont’d) Reports used for data shown in the chart titled ‘Vast, Growing, and Diverse Total Addressable Market’: CY25 TAM: • Forrester Global AI Software Forecast, 2023–2030 (September 2023) • IDC Worldwide Corporate Endpoint Security Forecast Update, • Company estimates 2023–2027: Endpoint
Slide 32: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended April 30, 2025 2024 Cost of revenue reconciliation: GAAP cost of revenue $56,532 $50,137 Stock-based compensation expense (4,665) (4,869) Employer payroll tax on employee stock transactions (230) (207) Amortization of acquired intangible assets (4,0
Slide 33: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended April 30, 2025 2024 Research and development expense reconciliation: GAAP research and development expense $72,253 $58,321 Stock-based compensation expense (20,941) (17,465) Employer payroll tax on employee stock transactions (531) (413) Acquisition
Slide 34: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended April 30, 2025 2024 Restructuring expense reconciliation: GAAP restructuring expense $5,167 $— Severance and employee benefits (3,004) — Asset impairment charges (2,171) — Stock-based compensation expense 36 — Other restructuring charges (28) — Non-
Slide 35: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended April 30, 2025 2024 Net income (loss) reconciliation: GAAP net loss ($208,193) ($70,105) Stock-based compensation expense 68,655 58,553 Employer payroll tax on employee stock transactions 2,748 2,188 Amortization of acquired intangible assets 6,239
Slide 36: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Three Months Ended April 30, 2025 2024 GAAP basic and diluted shares 327,976,349 309,547,693 Dilutive shares under the treasury stock method 11,350,541 — Non-GAAP diluted shares 339,326,890 309,547,693 Diluted EPS reconciliation: GAAP net loss per share, basic and dil
Slide 37: Selected Cash Flow Information
Selected Cash Flow Information Three Months Ended April 30, Reconciliation of cash provided by operating activities to free cash flow 2025 2024 GAAP net cash provided by operating activities $52,274 $42,003 Less: Purchases of property and equipment (146) (886) Less: Capitalized internal-use software