SentinelOne Reports Strong First Quarter Results for Fiscal Year 2027

CEO Tomer Weingarten expressed satisfaction with the company’s performance, highlighting record net new Annual Recurring Revenue (ARR) growth. "We had a solid start to the year, highlighted by record net new ARR growth and a landmark milestone as our emerging solutions reached half of our total company ARR," Weingarten stated. This achievement reflects the company's strategic focus on autonomous defense systems that address the complexities of modern cybersecurity.

SentinelOne's ARR grew 23% year-over-year, reaching $1.163 billion as of April 30, 2026. This growth is attributed to the company's innovative approach to integrating AI, data, and cloud security solutions, positioning itself as a frontrunner in the industry.

In the first quarter, SentinelOne reported total revenue of $277 million, marking a 21% increase from $229 million in the same quarter of the previous fiscal year. The company also saw a significant rise in the number of customers with ARR of $100,000 or more, which grew by 17% to 1,702.

Despite the growth, the company faced some challenges in gross and operating margins. The GAAP gross margin was recorded at 72%, down from 75% year-over-year, while the non-GAAP gross margin stood at 77%, a decrease from 79%. On the operating front, the GAAP operating margin improved to (29)% from (38)%, indicating enhanced operational efficiency, while the non-GAAP operating margin turned positive at 4%, up from (2)% in the prior year.

SentinelOne reported a GAAP net loss margin of (28)%, a significant improvement compared to the previous year’s (91)%. On the non-GAAP side, the net income margin rose to 4%, compared to 3% year-over-year. The operating cash flow margin also demonstrated a healthy performance at 14%, although it was lower than the 23% margin recorded in the same quarter last year.

As of April 30, 2026, the company held $812 million in cash, cash equivalents, and investments, providing a solid financial base for ongoing innovation and expansion efforts.

Looking ahead, SentinelOne provided guidance for the second quarter of fiscal year 2027, projecting revenue between $289 million and $291 million, and for the full fiscal year, an expected revenue range of $1.195 billion to $1.205 billion. The company anticipates a non-GAAP operating income of between $23 million and $25 million for Q2 and between $115 million and $125 million for the entire fiscal year.

The expected non-GAAP diluted earnings per share (EPS) is projected to be between $0.06 and $0.08 for Q2, and between $0.32 and $0.38 for fiscal year 2027. This optimistic outlook reflects the company’s confidence in its strategic direction and ability to capitalize on growth opportunities in the cybersecurity market.

SentinelOne's impressive first-quarter results for fiscal year 2027 highlight its strong market position and commitment to innovation in cybersecurity solutions. The company’s focus on machine-speed defense and emerging technologies positions it well to address the challenges of the AI era. As enterprises continue to prioritize security in their digital transformation journeys, SentinelOne is poised to be a key player in shaping the future of cybersecurity.