SentinelOne (NYSE:S) posted revenue and earnings slightly above analyst expectations in its fiscal fourth quarter 2026 report, even as the company offered cautious guidance for the first quarter of 2027.
Shares rose about 2% to about $14 on Friday morning.
For the quarter ended January 31, 2026, SentinelOne generated $271.2 million in revenue, a 20% increase from $225.5 million a year earlier, in line with Street estimates.
Adjusted earnings per share came in at $0.07, beating expectations of $0.06.
Annualized recurring revenue (ARR) rose 22% year-over-year to $1.12 billion, while the number of customers generating $100,000 or more in ARR increased 18% to 1,667.
Looking ahead, SentinelOne expects Q1 2027 revenue of $276 million to $278 million, slightly below the Street estimate of $277.3 million, and non-GAAP operating income of $4 million to $5 million, versus the expected $12.7 million.
Wedbush analysts highlighted the company’s momentum, noting that “SentinelOne delivered its 4Q fiscal 2026 results that featured a slight beat on the top line while beating on the bottom line as the company sees strong demand for its Singularity platform while Purple AI adoption hit a record attach rate of over 50% on licenses.”
They added that the quarter “will be overshadowed by a weaker than expected near-term outlook” but maintained an ‘Outperform’ rating with a $20 price target.
The analysts also pointed to large deal activity, including an 8-figure total contract value deal for the Singularity platform, and record ARR per customer driven by both new client acquisition and expansion among existing clients. Platform adoption continued to grow, with roughly 65% of customers using three or more solutions, up from 39% a year ago, and 22% using five or more solutions, compared with 9% previously.
The company will welcome Sonalee Parekh as CFO on March 24, 2026, with Barry Padgett serving as interim CFO until her start date, the analysts noted.
“This was a solid quarter for S as it prepares to get a new CFO at the helm while the company remains well-positioned to capture the growing opportunity around AI security as it continues to see platform adoption,” Wedbush concluded.