SentinelOne (NYSE: S) Q1 Earnings: Revenue Miss and Strategic Workforce Cuts

• Strong EPS, Revenue Miss: SentinelOne reported strong Q1 earnings per share (EPS) of $0.04, doubling analyst estimates, but revenue of $276.66 million slightly missed expectations.
• Stock Price Decline & Workforce Cuts: Despite the EPS beat, the revenue miss and a weak Q2 forecast led to a significant stock price drop, alongside plans to cut 8% of its workforce.

SentinelOne (NYSE: S) is a leading cybersecurity company that leverages artificial intelligence (AI) to safeguard businesses from evolving digital threats. Operating in a highly competitive landscape, it confronts rivals in endpoint security and cloud protection. The company strategically focuses on advancing its AI, data, and cloud technology platforms to maintain its competitive edge.

On May 28, 2026, SentinelOne reported its first-quarter results. The company announced an earnings per share (EPS) of $0.04, which was double the analyst consensus estimate of $0.02. As highlighted by Zacks, this result is also an improvement from the $0.02 per share earned in the same quarter a year ago.

Despite the strong earnings, the company’s revenue of $276.66 million slightly missed the analyst expectation of $277.32 million. This represents a revenue miss of 0.17%. However, this revenue figure is still a large increase from the $229.03 million that SentinelOne reported in the year-ago period.

Following the earnings release, SentinelOne’s stock price fell significantly, as noted by Benzinga. This was due to the revenue miss and a weak forecast for second-quarter revenue. As reported by Reuters, SentinelOne also plans to cut about 8% of its workforce to increase investment in growth areas.