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SentinelOne Announces First Quarter Fiscal Year 2027 Financial Results
SentinelOne Announces First Quarter Fiscal Year 2027 Financial
About this update from Sentinelone, Inc.
SentinelOne, Inc. (NYSE: S) today announced financial results for the first quarter of fiscal year 2027 ended April 30, 2026. “We had a solid start to the year, highlighted by record net new ARR growth and a landmark milestone as our emerging solutions reached half of our total company ARR,” said Tomer Weingarten, CEO of SentinelOne. “We are actively pushing the frontier of autonomous, agentic defense across AI, Data, Cloud, and the Endpoint. Enterprises recognize that securing the AI era requires machine speed defense which only truly modern infrastructure can deliver, and they are choosing SentinelOne as the foundation to build upon.” “Our first-quarter results reflect record net new ARR growth and strong operating profit margin, highlighting the operating leverage inherent within our business model as we continue to scale,” said Sonalee Parekh, CFO of SentinelOne. “We are investing in innovation alongside our key growth opportunities while raising our operating income outlook for the year.” First Quarter Fiscal Year 2027 Highlights (All metrics are compared to the first quarter of fiscal year 2026 unless otherwise noted)Total revenue grew 21% to $277 million, compared to $229 million. Annualized recurring revenue (ARR) grew 23% to $1,163 million as of April 30, 2026. Customers with ARR of $100,000 or more grew 17% to 1,702 as of April 30, 2026. Gross margin: GAAP gross margin was 72%, compared to 75%. Non-GAAP gross margin was 77%, compared to 79%. Operating margin: GAAP operating margin was (29)%, compared to (38)%. Non-GAAP operating margin was 4%, compared to (2)%. Net income (loss) margin: GAAP net loss margin was (28)%, compared to (91)%. Non-GAAP net income margin was 4%, compared to 3%. Cash flow margin: Operating cash flow margin was 14%, compared to 23%. Adjusted free cash flow margin was 22%, compared to 20%. Cash, cash equivalents, and investments were $812 million as of April 30, 2026. Financial Outlook We are providing the following guidance for the second quarter of fiscal year 2027, and for fiscal year 2027 (ending January 31, 2027). Q2 Fiscal Year 2027 Guidance Fiscal Year 2027 Guidance Revenue $289 - 291 million $1.195 - 1.205 billion Non-GAAP operating income $23 - 25 million $115 - 125 million Non-GAAP diluted earnings per share (EPS) $0.06 - 0.08 $0.32 - 0.38 Diluted weighted average shares outstan...