SentinelOne Q2 revenue slightly beats estimates, lifts FY27 outlook

SentinelOne

27/08/2026 21:17

Overview
Cybersecurity platform's fiscal Q2 revenue rose 21% yr/yr, slightly beating analyst expectations
Adjusted EPS for fiscal Q2 doubled yr/yr to $0.08
Company raised full-year revenue and operating income outlook after record profitability

Outlook
SentinelOne raises full-year 2027 revenue outlook to $1.202-$1.207 bln
Company sees Q3 revenue of $309-$311 mln
SentinelOne expects full-year 2027 non-GAAP EPS of $0.30-$0.32

Result Drivers
PLATFORM ADOPTION - Co said accelerating adoption of its Singularity platform drove Q2 results
AI CAPABILITIES - Co attributed growth to its AI-native runtime protection and leadership in AI cybersecurity
OPERATING LEVERAGE - Co said improved profitability was driven by disciplined scaling and substantial operating leverage

Company press release: ID:nBw4sySTma

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Beat*
$292 mln
$290.24 mln (33 Analysts)
Q2 Gross Margin
 
72%
 
Q2 Adjusted Gross Margin
 
77%
 
Q2 Annual Recurring Revenue
 
$1.22 bln
 
Q2 Cash & Investments
 
$813 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy", 16 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for SentinelOne Inc is $22.00, about 7.3% above its August 26 closing price of $20.51
The stock recently traded at 48 times the next 12-month earnings vs. a P/E of 38 three months ago

Reuters Recommended Reads
Aug 26 - CrowdStrike raises annual revenue forecast on strong cybersecurity demand
Aug 26 - Okta shares jump as Q2 revenue, adjusted EPS beat estimates
Aug 27 - As AI agents go rogue, cyber insurers are adapting their policies

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)