SentinelOne
Financial Performance
SentinelOne Revenue & Financials
Revenue
$621.1M (FY2024)
Market Cap
$7.5B
Employees
2,400
What is SentinelOne's revenue?
SentinelOne had $621.1M in revenue for fiscal year 2024, up 47.1% from 2023. It reported a net loss of $338.7M.
- Latest revenue
- $621.1M (FY2024)
- Year-over-year
- +47.1%
- Growth rate (CAGR)
- 109.5% over 9 years
- Peak revenue
- $621.1M (FY2024)
- Years of data
- 10
- Employees
- 2,400
- How much profit does SentinelOne make?
- SentinelOne reported a net loss of $338.7M for fiscal year 2024. sec.gov
- How many employees does SentinelOne have?
- SentinelOne has about 2,400 employees.
Financial Analysis
SentinelOne's financial profile is characterized by rapid top-line revenue expansion, expanding gross margins, and a clear trajectory toward GAAP profitability. In fiscal year 2024, SentinelOne reported consolidated net revenue of $621.15 million, representing a robust 47% year-over-year increase compared to $422.2 million in FY2023. Annualized Recurring Revenue (ARR) surged 39% to $724.4 million, driven by balanced enterprise new-customer acquisition and net expansion. GAAP gross margins expanded to 73%, while Non-GAAP gross margins reached an impressive 77%, reflecting strong cloud hosting infrastructure optimization. The company maintained exceptional balance sheet liquidity, closing the fiscal year with over $1.1 billion in cash, cash equivalents, and short-term investments, and zero funded corporate debt. With operating cash flow turning positive in late FY2024, SentinelOne is fully funded to execute its long-term AI-driven security expansion without external equity dilution.
Revenue Trend Analysis
YoY Change
+47.1%
9-Year CAGR
+109.5%
Peak Year
2024
Trend
Consistent Growth
SentinelOne has 10 full fiscal year figures on this page, compounding at +109.5% annually over 9 years. The most recent year saw a 47.1% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $621.1M. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2024 | $621.1M | -$338.7M | +47.1% | SentinelOne, Inc. Form 10-K for the Fiscal Year Ended January 31, 2024 Fiscal year ended 2024-01-31. Revenue expanded 47.1% YoY with net margin of -54.53%. |
| FY2023 | $422.2M | -$378.7M | +106.1% | SentinelOne, Inc. Form 10-K for the Fiscal Year Ended January 31, 2024 Integration of Attivo Networks and expansion into identity threat detection. |
| FY2022 | $204.8M | -$271.1M | +120.0% | SentinelOne, Inc. Form 10-K for the Fiscal Year Ended January 31, 2023 First full fiscal year as a publicly traded company; net worth boosted by IPO proceeds. |
| FY2021 | $93.1M | -$117.6M | +100.2% | SentinelOne, Inc. Form 10-K for the Fiscal Year Ended January 31, 2022 Revenue doubled year-over-year preceding the company's June 2021 NYSE IPO. |
| FY2020 | $46.5M | -$76M | +87.5% | SentinelOne, Inc. Form S-1 Registration Statement (SEC EDGAR) Accelerated demand for cloud-native EDR as remote work expanded globally. |
| FY2019 | $24.8M | -$35M | +98.4% | SentinelOne, Inc. Historical Financial Disclosures and Form S-1 Registration Initial roll-out of the unified Singularity Platform and Storyline correlation. |
| FY2018 | $12.5M | -$19M | +108.3% | SentinelOne, Inc. Historical Financial Disclosures and Form S-1 Registration Expansion of two-tier channel partner network across North America. |
| FY2017 | $6M | -$10M | +140.0% | SentinelOne, Inc. Historical Financial Disclosures and Form S-1 Registration Launch of patented automated ransomware rollback technology. |
| FY2016 | $2.5M | -$5M | +212.5% | SentinelOne, Inc. Historical Financial Disclosures and Form S-1 Registration Initial expansion into enterprise security proof-of-concept deployments. |
| FY2015 | $800,000 | -$2M | — | SentinelOne, Inc. Historical Financial Disclosures and Form S-1 Registration Early commercial deployment stage for autonomous endpoint agent. |
Click any row to see year details.
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SentinelOne Revenue and Financial FAQ
What was SentinelOne's latest reported annual revenue?
In its latest audited financial reporting period, SentinelOne recorded consolidated net revenue of $621.2M, demonstrating durable revenue growth across its primary operating divisions.
How profitable is SentinelOne?
SentinelOne generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is SentinelOne's capital and liquidity position?
SentinelOne maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does SentinelOne distribute capital to shareholders?
SentinelOne executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "SentinelOne Revenue & Financials." CorpDigest, https://corpdigest.com/company/sentinelone/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>SentinelOne reported $621.1M in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/sentinelone/financials" target="_blank" rel="noopener">CorpDigest — SentinelOne financials</a></div>Related Financial Audits
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