SentinelOne vs Snyk: Revenue, Profit and Business Model
SentinelOne had $621.1M of annual revenue in FY2024 and a net loss of $338.7M. Snyk had $309.2M of annual revenue in FY2025 and a net loss of $197.9M.
Latest financial snapshot
SentinelOne
- Latest annual revenue
- $621.1M (FY2024)
- Net income
- -$338.7M
- Net margin
- -54.5%
- Revenue growth
- +109.5% a year, FY2015–FY2024
Snyk
- Latest annual revenue
- $309.2M (FY2025)
- Net income
- -$197.9M
- Net margin
- -64.0%
- Revenue growth
- +18.6% a year, FY2023–FY2025
Financial summary
SentinelOne
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.
Snyk
Snyk does not report quarterly results, but its UK statutory accounts give a yearly view. Revenue reached $278.4 million in 2024 and $309.2 million in 2025, an 11% increase that marked a sharp slowdown from 50% growth in 2023. The 2025 operating loss was $202.7 million and the net loss $197.9 million, up from $166.5 million in 2024. Cash, short-term investments and restricted cash totalled $291.3 million at the end of 2025, or $367.8 million including longer-term investments (down from $412.4 million). The company raised more than $1 billion as a private company, peaking at an $8.5 billion valuation in 2021 before a $196.5 million Series G at $7.4 billion in 2022.
Revenue and profit by year
SentinelOne
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2024 | $621.1M | -$338.7M | -54.5% | +47.1% | Source |
| FY2023 | $422.2M | -$378.7M | -89.7% | +106.1% | Source |
| FY2022 | $204.8M | -$271.1M | -132.4% | +120.0% | Source |
| FY2021 | $93.1M | -$117.6M | -126.4% | +100.2% | Source |
| FY2020 | $46.5M | -$76M | -163.4% | +87.5% | Source |
| FY2019 | $24.8M | -$35M | -141.1% | +98.4% | Source |
| FY2018 | $12.5M | -$19M | -152.0% | +108.3% | Source |
| FY2017 | $6M | -$10M | -166.7% | +140.0% | Source |
| FY2016 | $2.5M | -$5M | -200.0% | +212.5% | Source |
| FY2015 | $800,000 | -$2M | -250.0% | — | Source |
Snyk
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2025 | $309.2M | -$197.9M | -64.0% | — | Source |
| FY2024 run-rate | $278.4M | -$166.5M | — | — | Source |
| FY2023 | $220M | — | — | — | Source |
Where the revenue comes from
SentinelOne
- Singularity Endpoint Protection & EDR62.0%
Autonomous AI-driven endpoint detection and response, Storyline automated telemetry, and device control.
- Singularity Cloud Security18.0%
Cloud workload protection, Kubernetes runtime agent security, and containerized infrastructure threat mitigation.
- Singularity Identity & Credential Defense12.0%
Active Directory deception, credential protection, and lateral movement defense.
- Singularity Data Lake & Security Operations8.0%
Scalable high-speed log ingestion, automated incident response orchestration, and threat hunting analytics.
Snyk
No segment breakdown is published.
Business model and strategy
SentinelOne
How it makes money
SentinelOne operates a pure-play cloud Software-as-a-Service (SaaS) subscription business model with high gross margins and predictable annual recurring revenue: (1) Singularity Core, Control, and Complete Subscriptions (~85% of revenue), billed annually on a per-endpoint or per-workload basis, providing multi-tiered endpoint protection, automated EDR investigation, and autonomous ransomware rollback;
Growth strategy
Under CEO Tomer Weingarten, SentinelOne is pursuing four strategic growth imperatives: (1) Scaling Purple AI Adoption: Driving enterprise monetization of Purple AI as an automated security analyst, empowering tier-1 SOC analysts to perform advanced threat hunting and cutting mean time to detect (MTTD) by over 80%;
Competitive advantage
SentinelOne's foundational architectural advantage is its autonomous on-device behavioral AI execution. Unlike traditional cloud-dependent architectures that require constant streaming of raw telemetry to remote data centers for analysis, SentinelOne embeds static and behavioral machine-learning models directly within its local endpoint agent.
Snyk
How it makes money
Snyk sells subscription software (SaaS). A free tier for individual developers and open-source projects drives bottom-up adoption; paid Team and Enterprise plans are priced mainly by the number of contributing developers and the products used.
Growth strategy
Snyk is repositioning around securing AI-driven software development. It bought Zurich-based Invariant Labs in June 2025 to research threats to AI agents, such as Model Context Protocol (MCP) vulnerabilities and tool poisoning, and is building an AI-native security platform alongside its existing scanners.
Competitive advantage
Snyk's edge rests on developer adoption and workflow placement. Its tools run where developers already work (VS Code, JetBrains IDEs, GitHub, GitLab, Bitbucket, CI pipelines), open fix pull requests instead of only reporting issues, and draw on a vulnerability database curated by Snyk's own security research team. Being independent of any single code host or cloud lets it serve enterprises that use several of them.
Questions about SentinelOne vs Snyk
Which company has higher revenue — SentinelOne or Snyk?
SentinelOne had $621.1M (FY2024), while Snyk had $309.2M (FY2025). By latest annual revenue, SentinelOne is the larger business, with Snyk showing a smaller revenue base. Note: these are from different fiscal years and are not a direct like-for-like comparison.
What is the market cap of SentinelOne vs Snyk?
SentinelOne has a market capitalisation of $7.5B. A public market cap figure for Snyk was not available (it may be privately held).
How does revenue per employee compare for SentinelOne and Snyk?
SentinelOne has $259k / employee in revenue per employee, while Snyk has $312k / employee. Headcounts may use different dates, so the ratio alone does not establish which business operates more efficiently.
How do SentinelOne and Snyk make money?
SentinelOne and Snyk generate revenue in fundamentally different ways. SentinelOne: SentinelOne operates a pure-play cloud Software-as-a-Service (SaaS) subscription business model with high gross margins and predictable annual recurring revenue: (1) Singularity Core, Control, and Complete Subscriptions (~85% of revenue), billed annually on a per-endpoint or per-workload basis, providing multi-tiered endpoint protection, automated EDR investigation, and autonomous ransomware rollback; (2) Cloud Security and Identity Threat Defense (~10% of revenue), securing containerized Kubernetes workloads, public cloud infrastructure (AWS, Azure, GCP), and enterprise Active Directory credentials via Attivo technology; and (3) Singularity Data Lake and Purple AI (~5% of revenue), which monetizes high-throughput security log ingestion, extended data retention, and generative AI copilot natural language querying for Security Operations Center (SOC) analysts. Snyk: Snyk sells subscription software (SaaS).
Is SentinelOne bigger than Snyk?
By last reported revenue, SentinelOne ($621.1M (FY2024)) is the larger company compared to Snyk ($309.2M (FY2025)). Revenue scale is one dimension of size — market capitalisation, employee count, and geographic reach are also relevant depending on the context.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the SentinelOne vs Snyk overview