Financial Data and Key Metrics Changes - Total ARR grew 24% year over year, surpassing $1,000,000,000, marking a significant milestone in the company's growth journey [7][35] - Revenue increased by 22% year over year to $242,000,000, with international markets growing 27% and representing 38% of total revenue [36] - Net new ARR added in the quarter was $53,000,000, significantly exceeding expectations [35][36] - Gross margin maintained at 79%, with operating profitability of 2% and a net income margin of 5% [38][39] Business Line Data and Key Metrics Changes - Strong contributions from new customer additions and expansion with existing accounts, particularly in AI, data, cloud, and endpoint solutions [8][36] - Purple AI and data solutions showed triple-digit growth, with record bookings from data solutions [18][36] - Endpoint bookings growth accelerated to the highest level in the past year, reflecting strong demand [23] Market Data and Key Metrics Changes - International markets contributed significantly to revenue growth, indicating an expanding global footprint [36][41] - The company was recognized as a leader in the Gartner Magic Quadrant for endpoint protection platforms for the fifth consecutive year [23] Company Strategy and Development Direction - The launch of SentinelOne Flex is aimed at enhancing customer adoption of the Singularity platform, providing a flexible licensing model [10][11] - The acquisition of Prompt Security is a strategic move to secure generative AI usage and enhance the Singularity platform [24][40] - The company is focused on unifying AI, data, and security into a single platform, positioning itself as a leader in AI-powered cybersecurity [30][46] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about demand signals and market momentum, while remaining cautious about macroeconomic conditions that could affect deal timing [41][42] - The company raised its full-year revenue outlook, expecting revenue in the range of $998,000,000 to $1,020,000,000, representing 22% year-over-year growth [42][43] Other Important Information - The company ended the quarter with $1,200,000,000 in cash and no debt, providing flexibility for strategic capital allocation [39] - Remaining performance obligations grew 26% to $1,200,000,000, reflecting customer trust and commitment to innovation [38] Q&A Session Summary Question: Can you provide insights on the expansion metrics and platform adoption? - Management noted strong contributions from both new logos and existing customer expansions, with a balanced split between the two [50][51] Question: What guidance can you provide for net new ARR in Q3? - Management refrained from providing formal ARR guidance but indicated an improved view based on Q2 results and updated revenue outlook [55][56] Question: How is the Flex model impacting financials? - Flex deals will be similar to other ARR contracts, with revenue recognized ratably over the contract duration [59][63] Question: What are the expectations for the Prompt acquisition's impact on revenue? - Management highlighted the significant potential for Prompt to contribute to revenue in the future, particularly in securing generative AI usage [65][67] Question: Can you elaborate on the U.S. versus international revenue mix? - International revenue represented 38% of total revenue, showing strong performance and growth [90][91]

Financial Data and Key Metrics Changes - The total Annual Recurring Revenue (ARR) grew by 24% and surpassed $1 billion, marking a significant milestone for the company [6][34] - Revenue increased by 22% year over year to $242 million, with international markets growing by 27% and representing 38% of total revenue [35] - The net retention rate remains strong, driven by customer adoption of broader platform solutions, including data, cloud, and Purple AI [36] - Gross margin was maintained at 79%, with operating profitability of 2% and a positive net income margin of 5% for the quarter [37][38] Business Line Data and Key Metrics Changes - The company achieved record second-quarter net new ARR of $53 million, driven by new customer acquisitions and expansion with existing accounts [6][34] - Approximately half of the quarterly bookings came from non-endpoint solutions, indicating strong growth and diversity in the platform [17] - Purple AI achieved triple-digit growth, with attach rates surpassing 30% of licenses sold during the quarter [18] Market Data and Key Metrics Changes - The company continues to expand its presence in international markets, with a notable increase in revenue contribution from these regions [35] - The managed security market is seeing strong traction, with the company being recognized as a valuable vendor in the MSSP ecosystem [14] Company Strategy and Development Direction - The company is focused on delivering AI-powered innovations that unify security, data, and automation, positioning itself as a technology leader in cybersecurity [8][29] - The introduction of SentinelOne Flex is aimed at enhancing customer engagement and driving greater return on security investments [9][10] - The acquisition of Prompt Security is a strategic move to secure generative AI usage and enhance the Singularity platform [23][40] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the strong demand for the Singularity platform, despite being mindful of evolving macro conditions that could influence deal timing [41] - The company raised its full-year revenue outlook while maintaining prudent assumptions for the second half of the fiscal year [42][43] - Management emphasized the critical role of security in enabling AI adoption, stating that AI's promise cannot be realized without security [47][48] Other Important Information - The company ended the quarter with $1.2 billion in cash and no debt, providing flexibility for strategic capital allocation [39] - Remaining performance obligations grew by 26% to $1.2 billion, reflecting customer trust and commitment to innovation [38] Q&A Session Summary Question: Can you provide insights on the expansion of the Singularity platform? - Management noted that both new logos and expansion with existing customers contributed to strong performance, with significant growth in endpoint and emerging solutions like AI, data, and cloud [54][56] Question: What guidance can you provide for net new ARR in Q3? - Management indicated that while formal ARR guidance is not provided, the improved Q2 results imply a positive outlook for net new ARR for the full year [59] Question: How is the Flex model impacting customer adoption? - The Flex model has been well-received, allowing customers to adopt more of the platform's capabilities and driving consumption across various modules [63][64] Question: What are the expectations for the Prompt acquisition? - Management believes that Prompt will significantly contribute to the company's growth by addressing the governance and control needs associated with generative AI usage [70] Question: Can you elaborate on the U.S. versus international revenue mix? - International revenue accounted for 38% of total revenue, showing strong performance and growth compared to previous quarters [92] Question: How is the partnership momentum progressing? - Management reported positive traction with partnerships, particularly with Lenovo, contributing to the overall growth outlook [98]

Q2 FY2026 Earnings Presentation August 28, 2025 Safe Harbor This presentation includes express and implied "forward-looking statements", including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts, and in some cases, can be identified by terms such as "anticipate," "believe," "can," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "pred ...