SentinelOne Announces Second Quarter Fiscal Year 2027 Financial Results

Revenue grew 21% year-over-year to $292 million, exceeding guidance ARR grew 22% year-over-year to $1.218 billion Raising Revenue and Operating Income Outlook for Fiscal Year 2027MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--SentinelOne, Inc. (NYSE: S) today announced financial results for the second quarter of fiscal year 2027 ended July 31, 2026. “Our Q2 performance demonstrates strong progress across every dimension of our business – a top-tier growth profile, accelerating platform adoption, and undisputed technology leadership for both AI for Security and Security for AI,” said Tomer Weingarten, CEO of SentinelOne. “AI is transforming the way software is built, businesses are operated, and cybersecurity is delivered. With AI-native runtime protection fundamental to the Singularity platform’s architecture, SentinelOne is uniquely positioned to lead the future of AI cybersecurity.” “Q2 was an exceptional quarter of execution and demonstrated the power of our platform model. We exceeded all top and bottom-line guided metrics, achieved record profitability and are raising our revenue and operating income outlook for fiscal year 2027,” said Sonalee Parekh, CFO of SentinelOne. “We are scaling the business with discipline, investing in key AI growth opportunities while driving substantial operating leverage.” Second Quarter Fiscal Year 2027 Highlights (All metrics are compared to the second quarter of fiscal year 2026 unless otherwise noted) Total revenue grew 21% to $292 million, compared to $242 million. Annualized recurring revenue (ARR) grew 22% to $1,218 million as of July 31, 2026. Customers with ARR of $100,000 or more grew 13% to 1,715 as of July 31, 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 (31)%, compared to (33)%. Non-GAAP operating margin was 10%, compared to 2%. Net income (loss) margin: GAAP net loss margin was (32)%, compared to (30)%. Non-GAAP net income margin was 10%, compared to 5%. Earnings per share: GAAP diluted earnings per share was $(0.27), compared to $(0.22). Non-GAAP diluted earnings per share was $0.08, compared to $0.04. Cash, cash equivalents, and investments were $813 million as of July 31, 2026. Financial Outlook We are providing the following guidance for the third quarter of fiscal year 2027, and for fiscal year 2027 (ending January 31, 2027). Q3 Fiscal Year 2027 Guidance Fiscal Year 2027 Guidance Revenue $309 - 311 million $1.202 - 1.207 billion Non-GAAP operating income $38 - 40 million $124 - 128 million Non-GAAP diluted earnings per share (EPS) $0.08 - 0.09 $0.30 - 0.32 Diluted weighted average shares outstanding 370 million 361 million Non-GAAP tax rate 17% 17% These statements are forward-looking and actual results may differ materially as a result of many factors. Refer to the below for information on the factors that could cause our actual results to differ materially from these forward-looking statements. Guidance for non-GAAP financial measures excludes stock-based compensation expense, employer payroll tax on employee stock transactions, amortization of acquired intangible assets, acquisition-related compensation costs, restructuring charges, gains and losses on strategic investments, and certain discrete tax expenses. We have not provided the most directly comparable GAAP measures because certain items are out of our control or cannot be reasonably predicted. Accordingly, a reconciliation of non-GAAP operating income, non-GAAP EPS and diluted weighted average shares outstanding is not available without unreasonable effort. Webcast Information We will host a live audio webcast for analysts and investors to discuss our earnings results for the second quarter of fiscal year 2027 and outlook for the third quarter of fiscal year 2027 and full fiscal year 2027 today, August 27, 2026, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The live webcast and a recording of the event will be available on the Investor Relations section of our website at investors.sentinelone.com. We have used, and intend to continue to use, the Investor Relations section of our website at investors.sentinelone.com as a means of disclosing material nonpublic information and for complying with our disclosure obligations under Regulation FD. Forward-Looking StatementsRead the full story here

SentinelOne Announces Second Quarter Fiscal Year 2027 Financial Results

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