SentinelOne (S) Q4 2025 earnings summary

Executive summary

• Fiscal year 2025 ended with 32% revenue growth to $821.5M, Q4 revenue grew 29% to $226M, and ARR rose 27% to $920.1M, with record customer expansion and platform adoption.

• Achieved first quarter of positive non-GAAP operating margin and first full year of positive net income and free cash flow margin.

• Over 50% of bookings came from non-endpoint solutions, with rapid growth in enterprise customers using 3+ solutions.

• Recognized as a technology leader with multiple industry accolades, including Gartner Magic Quadrant, MITRE ATT&CK, and CRN awards.

• Embedded foundational generative AI capabilities across all platform solutions.

Financial highlights

• FY2025 revenue: $821.5M, up 32% year-over-year; Q4 revenue: $226M, up 29% year-over-year.

• FY2025 non-GAAP gross margin: 79%; operating margin: -3%; net income margin: 2%; free cash flow margin: 1%.

• Q4 FY25 non-GAAP gross margin: 79%; operating margin: 1%; net income margin: 5%; EPS: $0.04.

• Total ARR grew 27% to $920.1M; customers with ARR of $100K+ grew 25% to 1,411.

• Cash, cash equivalents, and investments totaled $1.1B at year-end.

Outlook and guidance

• FY2026 revenue guidance: $1,007–$1,012M, representing 23% growth; non-GAAP gross margin: 78.5–79.5%; operating margin: 3–4%.

• Q1 FY2026 revenue expected at $228M, up 22% year-over-year; non-GAAP gross margin: 79%; operating margin: -2%.

• Net new ARR expected to be approximately $200M, up 2% year-over-year, including a $10M churn impact from retiring the deception solution.

• Free cash flow margin expected to be several percentage points higher than operating margin.