$S SentinelOne Q2 Earnings: Revenue, EPS Beat Estimates, ARR Crosses $1 Billion, Company Raises Outlook On AI Momentum https://t.co/mKDvN3kbLx via @Benzinga
$S | SentinelOne Q2 Earnings Highlights: 🔹 Revenue: $242.18M (Est. $242.16M) 🟡; +22% YoY 🔹 EPS: $0.04 (Est. $0.03) 🟢; UP +$0.01 YoY 🔹 ARR: $1.0B; UP +24% YoY Q3 Guidance: 🔹 Revenue: $256M (Est. $255.4M) 🟢 🔹 Non-GAAP Gross Margin: 78.5% 🔹 Non-GAAP Operating Margin: 4%
💫$1B ARR for the AI Cybersecurity Leader: A Major Milestone Crossed, A New Chapter Begins 💜 SentinelOne has achieved $1B in ARR, with our second quarter results highlighting the strength of our AI-powered platform, competitive position, and growing product differentiation 💪 https://t.co/yIzJc7TcTj
SentinelOne reported second-quarter fiscal 2026 revenue of $242.2 million, a 22% increase from a year earlier and marginally ahead of analyst expectations. Adjusted earnings rose to $0.04 a share, beating the $0.03 consensus. Annualized recurring revenue reached $1 billion, up 24%, while the number of customers generating at least $100,000 in recurring revenue grew 23% to 1,513. The cybersecurity company said record net-new ARR was driven by demand for its AI-based platform across data, cloud and endpoint security. Non-GAAP gross margin was 79% and non-GAAP operating margin turned positive at 2%. SentinelOne ended the quarter with $1.2 billion in cash, cash equivalents and investments. Citing the momentum, management raised full-year fiscal 2026 revenue guidance to between $998 million and $1.002 billion and projected third-quarter revenue of about $256 million. The company reiterated its focus on achieving full-year operating profitability and free cash flow.