---
schema_version: "secwatch.filing_event.v1"
accession: "0001583708-23-000034"
form_type: "8-K"
ticker: "S"
cik: "0001583708"
company_name: "SentinelOne, Inc."
filed_at: "2023-06-01T23:59:59+00:00"
generated_at: "2026-06-14T09:21:51.585067+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SentinelOne Q1 revenue up 70% to $133.4M, announces 5% workforce reduction and lowered guidance

## Summary
- Revenue $133.4M (+70% YoY); ARR $563.6M (+75% YoY) includes $27M one-time ARR methodology adjustment.
- GAAP gross margin 68% vs 65% YoY; non-GAAP op. margin (38)% vs (73)%; seventh quarter >25pp margin improvement.
- Restructuring: ~5% workforce reduction (~100 employees); charges $3.9M-$6.7M; substantially complete in Q2FY24.
- Guidance: Q2 rev $141M; FY2024 rev $590-600M (41% growth midpoint); non-GAAP op. margin (29)-(25)%.
- CEO: macro pressures impacted deal sizes and pipeline; free cash flow margin improved 46pp YoY.

## SEC filing metadata
- accession: 0001583708-23-000034
- form_type: 8-K
- ticker: S
- cik: 0001583708
- company_name: SentinelOne, Inc.
- filed_at: 2023-06-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1583708/000158370823000034/0001583708-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1583708/000158370823000034/s-20230601.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001583708-23-000034
- JSON: https://secwatch.observer/filing/0001583708-23-000034.json
- Plain text: https://secwatch.observer/filing/0001583708-23-000034.txt

## Key facts
- Earnings Releases
  SentinelOne, Inc. reported second quarter of the fiscal year 2024 (ending July 31, 2023), and for the fiscal year 2024 (ending January 31, 2024) results: revenue $141 million. Guidance lowered.
  - Period: second quarter of the fiscal year 2024 (ending July 31, 2023), and for the fiscal year 2024 (ending January 31, 2024)
  - Revenue: $141 million
  - Guidance: lowered
  - Result: guidance update
  source text: for the second quarter of the fiscal year 2024 (ending July 31, 2023), and for the fiscal year 2024 (ending January 31, 2024). Q2FY24 Guidance Full FY2024 Guidance Revenue $141 million $590-600 million Non-GAAP gross margin 74.5% 74-75% Non-GAAP operating margin (36)% (29)-(25)% These statements are forward-looking and actual results may differ materially as a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1583708/000158370823000034/0001583708-23-000034-index.htm
- Earnings Releases
  SentinelOne, Inc. reported first quarter of fiscal year 2024 ended April 30, 2023 results: revenue $133.4 million. Guidance lowered.
  - Period: first quarter of fiscal year 2024 ended April 30, 2023
  - Revenue: $133.4 million
  - Guidance: lowered
  - Result: reported results
  source text: outlook. First Quarter Fiscal Year 2024 Highlights (All metrics are compared to the first quarter of fiscal year 2023 unless otherwise noted) • Total revenue increased 70% to $133.4 million, compared to $78.3 million. • Annualized recurring revenue (ARR) increased 75% to $563.6 million as of April 30, 2023. As a result of a change in methodology and correction of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1583708/000158370823000034/0001583708-23-000034-index.htm
- Restructurings & Charges
  SentinelOne, Inc. announced a restructuring with charges of approximately $3.9 million to $6.7 million affecting Company-wide (approximately 5%, or approximately 100, of the Company's full-time employee).
  - Type: restructuring
  - Charge: approximately $3.9 million to $6.7 million
  - Affected area: Company-wide
  - Headcount: approximately 5%, or approximately 100, of the Company's full-time employee
  source text: The Company currently estimates that it will incur approximately $3.9 million to $6.7 million in connection with the Plan
  evidence_url: https://www.sec.gov/Archives/edgar/data/1583708/000158370823000034/0001583708-23-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.