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Jan 31, 2022

SentinelOne Q4 2022 Earnings Report

Achieved significant growth in revenue and ARR, driven by the strength of the XDR platform and strategic execution.

Key Takeaways

SentinelOne's Q4 2022 earnings report shows strong growth with a 120% increase in revenue and a 123% increase in ARR. The company is focused on innovation and expanding its Zero Trust capabilities through the acquisition of Attivo Networks.

Total revenue was $65.6 million, a 120% increase compared to the same period last year.

ARR increased 123% year-over-year to $292.3 million.

Total customer count grew more than 70% year-over-year to over 6,700 customers.

GAAP gross margin was 63%, compared to 54% for the same period of fiscal year 2021.

Total Revenue
$65.6M
Previous year: $29.9M
+119.8%
EPS
-$0.17
Previous year: -$7.63
-97.8%
Annualized Recurring Revenue
$292M
Previous year: $131M
+123.1%
Customers Over $100K ARR
520
Previous year: 220
+136.4%
Gross Profit
$41.4M
Previous year: $16M
+158.1%
Cash and Equivalents
$1.67B
Previous year: $395M
+322.1%
Free Cash Flow
-$5.97M
Previous year: -$24.9M
-76.1%
Total Assets
$2.04B
Previous year: $521M
+292.3%

SentinelOne

SentinelOne

Forward Guidance

The company provided guidance for the first quarter of fiscal year 2023 and the full fiscal year 2023. The guidance does not include the planned acquisition of Attivo Networks.