SentinelOne Inc

S

Equity

ISIN US81730H1095 / Valor 111988326

New York Stock Exchange, Inc (2024-09-17)

USD 24.93+7.46%

SentinelOne Inc
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About company

Founded in 2013, SentinelOne Inc is a cybersecurity company that provides endpoint security solutions to protect organizations from advanced threats and malware. Led by CEO Tomer Weingarten, the company offers a range of services including Technical Support, Customer Success, and the Vigilance MDR offering, which includes a 24x7 SOC and incident response retainer. With a focus on innovation and customer advocacy, SentinelOne has established itself as a leader in the cybersecurity industry, helping organizations worldwide defend against cyber threats and secure their digital assets.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

SentinelOne Inc. reported a significant revenue increase of 40% year-over-year for the first quarter of fiscal year 2025, reaching $186.4 million compared to $133.4 million in the same quarter of the previous year.

Annualized Recurring Revenue

The company's annualized recurring revenue (ARR) saw a 35% rise, amounting to $762 million as of April 30, 2024. This growth underscores the strong demand for SentinelOne's cybersecurity solutions.

Customer Expansion

SentinelOne Inc. experienced a 30% increase in the number of customers with ARR of $100,000 or more, totaling 1,193 as of April 30, 2024. This indicates a growing customer base and higher engagement with larger clients.

Gross and Operating Margins

The GAAP gross margin improved to 73% from 68%, while the non-GAAP gross margin increased to 79% from 75%. Additionally, the GAAP operating margin improved significantly to (43)% from (86)%, and the non-GAAP operating margin improved to (6)% from (38)%.

Cash Flow and Investments

SentinelOne Inc. achieved a positive free cash flow margin of 18%, a substantial improvement of 42 percentage points from (24)% in the previous year. The company also reported cash, cash equivalents, and investments totaling $1.1 billion as of April 30, 2024.

Summarized from source with an LLMView Source

Key figures

48.4%1Y

-64.0%3Y

%5Y

Performance

55.5%1Y

73.2%3Y

73.4%5Y

Volatility