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Apr 30, 2022
SentinelOne Q1 2023 Earnings Report
Reported a robust demand environment, impressive execution, and sustained triple-digit growth with significant margin expansion.
Key Takeaways
SentinelOne announced strong Q1 fiscal year 2023 results, with revenue increasing 109% year-over-year and ARR up 110% year-over-year. The company added a record number of new customers and raised its revenue guidance for the full fiscal year.
Total revenue increased 109% to $78.3 million compared to $37.4 million.
Annualized recurring revenue (ARR) increased 110% to $339.0 million.
Total customer count grew over 55% to over 7,450 customers.
GAAP gross margin was 65%, compared to 51%.
Forward Guidance
The company provided revenue guidance for the second quarter of fiscal year 2023, expecting revenue of $95-96 million. Full fiscal year 2023 revenue is expected to be $403-407 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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