SentinelOne, Inc. has reported significant financial growth in its first quarter of fiscal year 2026, which ended on April 30, 2025. The company noted a 23% increase in total revenue, reaching $229.0 million compared to $186.4 million in the same period the previous year. Annualized recurring revenue (ARR) also saw a notable rise of 24%, amounting to $948.1 million.
CEO Tomer Weingarten emphasized that the company’s success can be attributed to its ongoing innovation and strong customer engagement, particularly within its AI, Data, Cloud, and Endpoint security services. The introduction of the Singularity platform has been pivotal in driving a shift towards AI-powered security solutions, marking a significant transformational period for the company.
Financial highlights from the quarter include a growth in the number of customers generating an ARR of $100,000 or more, which increased by 22%, totaling 1,459. SentinelOne also reported an improvement in its gross margin, rising to 75%, with a non-GAAP gross margin remaining stable at 79%.
CFO Barbara Larson pointed out that the company achieved a record free cash flow margin of 20%, showing financial scalability and operational efficiency. As a testament to its positive outlook, the board has authorized a $200 million share repurchase program, aimed at enhancing shareholder value and reflecting the company’s confidence in its long-term growth prospects.
Looking forward, SentinelOne is projecting a revenue of $242 million for the second quarter of fiscal year 2026 and expects to reach between $996 million and $1,001 million for the full fiscal year. The company’s focus on innovation and financial discipline positions it well for continued success in the rapidly evolving security market.
In summary, SentinelOne’s robust performance underscores its strategic focus on growth and innovation in cybersecurity, with a clear commitment to driving shareholder value through proactive measures such as share repurchases. This is a positive indicator for investors and the market alike, emphasizing the potential for sustained growth amid increasing demand for advanced security solutions.