Stellantis recalls over 72,000 Ram vehicles due to display issues
MOUNTAIN VIEW, Calif. - SentinelOne, Inc. (NYSE:S) shares fell 6% after the AI-powered cybersecurity company issued fourth-quarter revenue guidance that fell short of analyst expectations, despite reporting better-than-expected third-quarter results.
The company reported third-quarter adjusted earnings of $0.07 per share, exceeding analyst estimates of $0.05. Revenue grew 23% year-over-year to $258.9 million, topping the consensus estimate of $256.16 million. SentinelOne ’s annualized recurring revenue (ARR) also increased 23% year-over-year to $1.06 billion.
However, investors focused on the company’s fourth-quarter revenue guidance of $271 million, which came in below analyst expectations of $273.5 million. The stock’s decline reflects market disappointment with this outlook despite the company’s strong performance in the current quarter.
"We continue to demonstrate a strong combination of top-tier growth and margin improvement. Our third-quarter performance underscores the growing demand for our AI-native security platform that combines data, intelligence, and defense," said Tomer Weingarten, CEO of SentinelOne.
The company achieved several financial milestones in the quarter, including a non-GAAP operating margin of 7%, compared to -5% in the same quarter last year. Non-GAAP gross margin was 79%, slightly down from 80% a year ago. SentinelOne also reported that customers with ARR of $100,000 or more grew 20% to 1,572.
In addition to the financial results, SentinelOne announced that CFO Barbara Larson will leave the company in mid-January 2026 to pursue an opportunity outside the cybersecurity industry. Chief Growth Officer Barry Padgett will serve as interim CFO.
For the full fiscal year 2026, SentinelOne expects revenue of approximately $1 billion and a non-GAAP operating margin of 3%.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.