S Q4 2026 Earnings

Call Details

• Call Title: SentinelOne Q4 2026 Earnings Call
• Date: March 12, 2026 at 8:30 PM UTC
• Management Team:
  • Tomer Weingarten (Chief Executive Officer)
  • Barry Padgett (Interim Chief Financial Officer)
  • Saad Nazir (Head of Investor Relations)
  • Sonali Parekh (Chief Financial Officer)

Call Summary

Financial Performance

• All financial measures discussed on the call were presented on a non-GAAP basis unless otherwise noted.
• Fiscal 26 revenue scaled past $1.0B and grew 22% year over year on a non-GAAP basis.
• Q4 revenue was $271M, representing 20% year-over-year growth on a non-GAAP basis.
• Q4 operating margin was 6% and Q4 net income margin was 9%, both reported on a non-GAAP basis.
• Trailing 12-month free cash flow margin was 5% and the company reported its second full year of positive free cash flow.
• The company ended the year with $770M in cash, cash equivalents and investments, and reported no debt on the balance sheet.
• The company repurchased 6.5M shares in Q4 and repurchased 12.2M shares in fiscal 26 in total.

Guidance

• For fiscal 27, the company guided revenue to a range of $1.195-$1.205B, which implies 20% year-over-year growth at the midpoint on a non-GAAP basis.
• For Q1 fiscal 27, the company guided revenue to $276-$278M, representing 21% year-over-year growth at the midpoint on a non-GAAP basis.
• For fiscal 27, the company expects operating income of $110-$120M, implying an operating margin of 10% at the midpoint on a non-GAAP basis.
• For Q1 fiscal 27, the company expects operating income of $4-$6M, implying an operating margin of 2% at the midpoint on a non-GAAP basis.
• The company guided fully diluted non-GAAP EPS for fiscal 27 to $0.32-$0.38 with $0.35 at the midpoint and guided Q1 EPS to $0.01-$0.02 on a non-GAAP basis.
• The company expects a non-GAAP tax rate of approximately 17% for fiscal 27.
• The company disclosed a scheduled $40M tax settlement payment for fiscal 27 and stated adjusted free cash flow margins will closely track the operating margin outlook after that payment.
• The company stated that it is enhancing its guidance framework to include EPS and additional modeling assumptions but did not reference a prior guidance change or revision on the call.