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Jul 31, 2024

SentinelOne Q2 2025 Earnings Report

SentinelOne achieved industry-leading growth and reported its first quarter of positive net income and earnings per share.

Key Takeaways

SentinelOne's Q2 2025 financial results showed strong year-over-year revenue growth, increased ARR, and positive GAAP net income and EPS for the first time.

Total revenue increased by 33% year-over-year to $198.9 million.

Annualized recurring revenue (ARR) grew by 32% year-over-year to $806.0 million.

Customers with ARR of $100,000 or more increased by 24% to 1,233.

GAAP operating margin improved to (40)%, compared to (67)% in the prior year.

Total Revenue
$199M
Previous year: $149M
+33.1%
EPS
$0.01
Previous year: -$0.08
-112.5%
Annualized Recurring Revenue
$806M
Previous year: $612M
+31.7%
Customers Over $100K ARR
1.23K
Previous year: 994
+24.0%
Gross Profit
$148M
Previous year: $105M
+41.5%
Cash and Equivalents
$206M
Previous year: $133M
+54.7%
Free Cash Flow
-$5.44M
Previous year: -$15.2M
-64.2%
Total Assets
$2.35B
Previous year: $2.21B
+6.3%

SentinelOne

SentinelOne

Forward Guidance

The company provided revenue guidance for Q3 2025 of $209.5 million and full year 2025 revenue guidance of $815 million. Non-GAAP gross margin is expected to be 79% for Q3 2025 and full year 2025. Non-GAAP operating margin is expected to be (3)% for Q3 2025 and between (5)% and (3)% for full year 2025.

Positive Outlook

  • Revenue guidance for Q3 2025 is $209.5 million.
  • Full year 2025 revenue guidance is $815 million.
  • Non-GAAP gross margin is expected to be 79% for Q3 2025.
  • Non-GAAP gross margin is expected to be 79% for full year 2025.
  • Non-GAAP operating margin is expected to be (3)% for Q3 2025.

Challenges Ahead

  • Non-GAAP operating margin is expected to be between (5)% and (3)% for full year 2025.
  • Forward-looking statements may differ materially due to various factors.
  • Guidance excludes certain items like stock-based compensation and amortization expense.
  • Reconciliation of non-GAAP measures is not available without unreasonable effort.
  • Actual results may differ from these forward-looking statements.