SentinelOne, Inc. S
Cybersecurity is indispensable to our digital way of life, with millions of cyberattacks resulting in trillions of dollars in damages. We are in the midst of a generational shift in cybersecurity, ushered in by the ongoing digital transformation of the enterprise and the rise of AI. Attacks can inflict damages that span operational disruption, leadership change, loss of customer trust, and intellectual property theft, among others. The persistence and speed of cyberattacks clearly shows that there is a long way to go from here. Enterprises must deploy solutions that enable them to stay one step ahead of attackers and address intrusion attempts in real-time at machine speed—empowering human operators with the speed, scale, visibility, and precision of technology.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.00B | $821.5M | $621.2M | $422.2M | $204.8M | $93.1M | $46.5M | — |
| Cost of revenue | $259.2M | $211.1M | $179.3M | $144.2M | $81.7M | $39.3M | $18.3M | — |
| Gross profit | $742.1M | $610.4M | $441.9M | $278.0M | $123.1M | $53.7M | $28.1M | — |
| R&D | $323.9M | $267.0M | $218.2M | $207.0M | $136.3M | $62.4M | $36.7M | — |
| SG&A | $202.1M | $185.5M | $198.2M | $162.7M | $93.5M | $29.1M | $15.1M | — |
| Total operating expenses | $1.06B | $939.7M | $820.3M | $680.6M | $390.4M | $169.2M | $103.1M | — |
| Operating income | -$321.3M | -$329.4M | -$378.4M | -$402.6M | -$267.2M | -$115.5M | -$75.0M | — |
| Interest expense | — | $171.0K | $1.2M | $1.8M | $787.0K | $1.4M | $2.0M | — |
| Pre-tax income | -$279.7M | -$281.6M | -$332.8M | -$384.3M | -$270.1M | -$117.1M | -$76.3M | — |
| Income tax | $171.0M | $6.8M | $5.9M | $5.6M | $1.0M | $460.0K | $237.0K | — |
| Net income | -$450.7M | -$288.4M | -$338.7M | -$378.7M | -$271.1M | -$117.6M | -$76.6M | — |
| EPS, basic | -1.37 | -0.92 | -1.15 | -1.36 | -1.56 | -3.31 | -2.34 | — |
| EPS, diluted | -1.37 | -0.92 | -1.15 | -1.36 | -1.56 | -3.31 | -2.34 | — |
| Shares, diluted (wtd. avg.) | $330.1M | $314.8M | $294.9M | $277.8M | $174.1M | $35.5M | $32.7M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $169.6M | $186.6M | $322.1M | $202.4M | $1.67B | $399.1M | $47.7M | $42.5M |
| Short-term investments | $459.0M | $535.3M | $669.3M | $485.6M | $374.0K | $364.0K | — | — |
| Receivables | $289.1M | $236.0M | $214.3M | $151.5M | $101.5M | $39.3M | — | — |
| Total current assets | $1.05B | $1.07B | $1.30B | $914.7M | $1.82B | $464.1M | — | — |
| Property, plant and equipment | $84.0M | $71.8M | $48.8M | $38.7M | $24.9M | $13.4M | — | — |
| Goodwill | $912.7M | $629.6M | $549.4M | $540.3M | $108.2M | $0 | — | — |
| Other intangibles | $129.5M | $107.2M | $122.9M | $145.1M | $15.8M | $470.0K | — | — |
| Total assets | $2.44B | $2.41B | $2.32B | $2.26B | $2.04B | $520.6M | — | — |
| Accounts payable | $10.3M | $8.2M | $6.8M | $11.2M | $9.9M | $11.8M | — | — |
| Total current liabilities | $756.4M | $613.6M | $590.1M | $473.3M | $281.3M | $128.9M | — | — |
| Long-term debt | — | — | — | — | $0 | $19.6M | — | — |
| Total liabilities | $1.00B | $737.4M | $727.4M | $602.2M | $391.4M | $220.0M | — | — |
| Retained earnings | -$2.08B | -$1.63B | -$1.34B | -$1.00B | -$621.7M | -$350.6M | — | — |
| Total equity | $1.44B | $1.67B | $1.59B | $1.66B | $1.65B | -$320.5M | -$224.2M | -$152.6M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $76.6M | $33.7M | -$68.4M | -$193.3M | -$95.6M | -$66.6M | -$44.4M | — |
| Depreciation and amortisation | — | — | — | — | $7.9M | $2.8M | $1.9M | — |
| Stock-based compensation | $297.6M | $267.5M | $216.9M | $164.5M | $87.9M | $15.9M | $4.3M | — |
| Capital expenditure | $713.0K | $1.9M | $1.3M | $5.0M | $3.7M | $3.3M | $953.0K | — |
| Investing cash flow | $87.0M | -$218.4M | $140.6M | -$1.31B | -$19.7M | -$6.3M | -$3.2M | — |
| Financing cash flow | -$160.8M | $55.9M | $47.5M | $36.3M | $1.39B | $424.0M | $52.8M | — |
| Buybacks | $200.0M | $0 | $0 | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001583708-26-000031.
Others in SIC 7372
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|---|---|---|---|---|
| MSFT | MICROSOFT CORP | $3.71T | 27.8x | 17.8% |
| ORCL | ORACLE CORP | $457.36B | 27.2x | 17.3% |
| PLTR | Palantir Technologies Inc. | $418.36B | 276.7x | 56.2% |
| CRWD | CrowdStrike Holdings, Inc. | $218.20B | — | 21.7% |
| CRM | Salesforce, Inc. | $213.35B | 33.2x | 9.6% |
| SHOP | SHOPIFY INC. | $187.92B | 154.4x | 30.1% |
| NOW | ServiceNow, Inc. | $146.06B | 84.6x | 20.9% |
| SNOW | Snowflake Inc. | $118.96B | — | 29.2% |