NYSE$S
SentinelOne Inc. · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
SentinelOne's financial performance in Q1 2024 demonstrated high growth and margin improvement amidst macro challenges.
SentinelOne reported a strong first quarter in fiscal year 2024, with revenue increasing by 70% year-over-year to $133.4 million and ARR growing by 75% to $563.6 million. The company also demonstrated improved operating margins, driven by key strengths across the business and innovation in AI.
- Total revenue increased by 70% to $133.4 million compared to the previous year.
- Annualized recurring revenue (ARR) grew by 75% to $563.6 million.
- Total customer count increased by approximately 43% to over 10,680.
- GAAP operating margin improved to (86)% compared to (115)%.
Headline financials
Revenue & EPS history
SentinelOne · Revenue · Quarterly
$133M
Forward guidance
For the second quarter of fiscal year 2024, SentinelOne expects revenue of $141 million, a non-GAAP gross margin of 74.5%, and a non-GAAP operating margin of (36)%. For the full fiscal year 2024, the company anticipates revenue between $590 million and $600 million, a non-GAAP gross margin between 74% and 75%, and a non-GAAP operating margin between (29)% and (25)%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2024
-2.9%
Avg return
Earnings day
-1.9%
Avg return
5 days after
-6.5%
Avg return
30 days after
40%
10 / 25 earnings
Positive
+18.6%
Q4 2022
Best reaction
-37.1%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | -8.3% | -9.7% | — | |
| Q4 2026 | +5.5% | +4.4% | -13.4% | |
| Q3 2026 | -14.4% | -10.2% | -13.7% | |
| Q2 2026 | +7.2% | +2.3% | +3.1% | |
| Q1 2026 | -11.5% | -7.7% | -9.3% | |
| Q4 2025 | -5.5% | +0.4% | -8.9% | |
| Q3 2025 | -9.7% | -10.5% | -17.2% | |
| Q2 2025 | -1.8% | -5.3% | -3.7% | |
| Q1 2025 | -18.8% | -16.9% | +1.6% | |
| Q4 2024 | -16.7% | -17.1% | -22.3% | |
| Q3 2024 | +15.2% | +18.6% | +16.1% | |
| Q2 2024 | +5.7% | +9.9% | +3.6% | |
| Q1 2024 | -37.1% | -36.0% | -29.4% | |
| Q4 2023 | +11.3% | +8.0% | +25.6% | |
| Q3 2023 | -2.0% | +7.9% | -6.9% | |
| Q2 2023 | -7.8% | -9.3% | -8.3% | |
| Q1 2023 | +5.8% | -3.0% | -1.3% | |
| Q1 2022 | +5.8% | -3.0% | -1.3% | |
| Q4 2020 | -4.0% | -4.0% | -26.3% | |
| Q4 2022 | +18.6% | +37.3% | +25.6% | |
| Q3 2021 | +3.5% | -4.4% | -8.8% | |
| Q3 2022 | +8.0% | +11.8% | -3.7% | |
| Q4 2021 | -7.6% | +2.2% | -17.2% | |
| Q2 2021 | -7.6% | +2.2% | -17.2% | |
| Q2 2022 | -7.0% | -14.1% | -23.0% | |
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| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — |
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