SentinelOne (S) Q4 2026 earnings summary

Executive summary

• Achieved over $1 billion in annual revenue for fiscal 2026, up 22% year-over-year, and reached full-year operating profitability for the first time, with a 3–3.5% non-GAAP operating margin, marking a milestone toward sustained profitable growth.

• Q4 total ARR grew 22% year-over-year to $1,119.1 million, with record net new ARR and strong upmarket momentum, including increased adoption by large enterprises and AI innovators.

• Platform adoption accelerated, with 65–75% of enterprise customers using three or more solutions, and non-endpoint solutions now exceeding half of total annual bookings.

• AI-native security, data, cloud, and Wayfinder solutions drove growth, with triple-digit growth in AI security and on-premise segments, and large enterprise wins highlighting technological edge.

• Focused on balancing topline growth with operational discipline to ensure sustainable, profitable growth.

Financial highlights

• Fiscal 2026 revenue reached $1,119 million, up 22% year-over-year; Q4 revenue was $271 million, up 20% year-over-year.

• International revenue grew 30% and now represents 40% of total revenue.

• Non-GAAP gross margin was 79% in Q4 FY26; GAAP gross margin was 74% for FY26.

• Non-GAAP operating margin improved to 5.7% in Q4 FY26, with a full-year margin of 3–3.5%, and net income margin at 8.7–9%.

• Ended the year with $770 million in cash equivalents and investments, no debt, and repurchased $200 million of common stock.

Outlook and guidance

• Fiscal 2027 revenue expected between $1.195 billion and $1.205 billion, representing 20% year-over-year growth at the midpoint.

• Q1 2027 revenue guidance is $276–278 million, up 21% year-over-year at the midpoint.

• Fiscal 2027 non-GAAP operating income expected between $110–120 million (10% margin midpoint); Q1 operating income $4–6 million.

• Fiscal 2027 non-GAAP EPS expected at $0.32–$0.38; Q1 EPS $0.01–$0.02.

• Adjusted free cash flow margin for fiscal 2027 expected to closely track operating margin, with Q1 margins in the low teens.