Here are 1-2 brief analogies for SentinelOne (S):

• CrowdStrike for AI-powered endpoint security.
• Palo Alto Networks for next-gen endpoint protection.

• Endpoint Protection (EPP) & Endpoint Detection and Response (EDR): These services provide AI-powered prevention, detection, and response to cyber threats across all enterprise endpoints such as laptops, desktops, and servers.
• Cloud Workload Protection Platform (CWPP) & Cloud Security Posture Management (CSPM): These services secure cloud-native applications, containers, and serverless functions while also managing the overall security posture across various cloud environments.
• Identity Security: This service protects against identity-based attacks by monitoring and defending critical identity infrastructure, such as Active Directory, from credential theft and abuse.
• Data Lake & Threat Hunting: This service offers a unified data platform for ingesting, correlating, and querying security data across the entire enterprise to enable proactive threat hunting and investigation.
• Managed Detection and Response (MDR) Services: This service provides customers with 24/7 expert threat monitoring, hunting, and incident response capabilities from SentinelOne's security operations team.

SentinelOne (symbol: S) sells primarily to other companies, not individuals.

While SentinelOne does not publicly disclose the names of its major specific customer companies due to confidentiality and competitive reasons, its customer base can be broadly categorized into the following types of organizations:

• Enterprises of Varying Sizes and Industries: SentinelOne serves a broad spectrum of businesses, ranging from small and medium-sized businesses (SMBs) to large global enterprises. These customers come from diverse sectors including financial services, healthcare, manufacturing, retail, technology, education, and various other commercial industries. They utilize SentinelOne's Singularity Platform to protect their endpoints, cloud workloads, and identity infrastructure.

• Managed Security Service Providers (MSSPs) and Other Channel Partners: A significant portion of SentinelOne's business is conducted through a robust partner ecosystem. MSSPs are key customers who leverage SentinelOne's platform to deliver comprehensive security services to their own end-clients. While these MSSPs are direct customers of SentinelOne, they act as intermediaries in providing security solutions to a wider market.

• Government and Public Sector Organizations: SentinelOne also provides cybersecurity solutions to governmental bodies and public sector entities, addressing their unique security requirements and compliance mandates.

• Amazon.com, Inc. (AMZN)
• Alphabet Inc. (GOOGL)

Tomer Weingarten, Co-Founder, Chief Executive Officer, and Chairman of the Board

Tomer Weingarten co-founded SentinelOne in January 2013 and has led the company as CEO and a board member since its inception. He also serves as President since November 2018 and Chairman of the Board since March 2021. An engineer by trade, he has deep programming, database, and machine learning experience. Before founding SentinelOne, Mr. Weingarten served as Vice President of Products at Toluna Holdings Limited from 2007 to 2012, which he joined following the acquisition of Dpolls, a startup he had previously co-founded. He also co-founded Carambola Media Ltd., where he was Chief Technology Officer from 2011 to 2012. SentinelOne is his third company, and in his previous startups, he primarily focused on the technical side as CTO.

Barbara Larson, Chief Financial Officer

Barbara Larson serves as the Chief Financial Officer of SentinelOne, bringing extensive experience in scaling high-growth public software companies. Her background includes a proven track record and deep operational expertise.

Ric Smith, Chief Product and Technology Officer

Ric Smith joined SentinelOne in March 2021 as Chief Technology Officer and later transitioned to Chief Product & Technology Officer in December 2022. He has over two decades of experience in enterprise software development, with a focus on leading and scaling product development teams through IPOs and acquisitions. Prior to SentinelOne, Mr. Smith was the Senior Vice President of Engineering at Medallia, Inc., where he oversaw engineering before and after the company's IPO. He also held multiple engineering leadership roles at Oracle Corporation.

Vats Srivatsan, Chief Business Officer

Vats Srivatsan is the Chief Business Officer at SentinelOne, responsible for driving the company's business strategy, market expansion, and revenue growth. He has a strong background in strategic planning and business development, which has been crucial in scaling SentinelOne's global operations. Before joining SentinelOne, Mr. Srivatsan held leadership positions at ServiceNow and SAP, where he contributed significantly to growth and market adoption for enterprise software solutions.

Divya Ghatak, Chief People Officer

Divya Ghatak has served as Chief People Officer of SentinelOne since August 2019. With over 25 years of experience, she focuses on talent management, organizational development, and corporate engagement, playing a pivotal role in fostering a positive workplace culture. Her career includes significant contributions to companies such as Cisco Systems and GoodData, where she held various senior HR roles.

The increasing adoption of comprehensive, bundled security platforms offered by mega-vendors, particularly Microsoft. This trend towards vendor consolidation, driven by the allure of deeply integrated security suites spanning endpoint, identity, cloud, and network security, threatens to erode demand for standalone best-of-breed XDR solutions like SentinelOne's. Enterprises are increasingly considering these platforms as a primary security strategy due to perceived benefits in integration, simplified management, and cost efficiency, challenging the traditional market for specialized cybersecurity vendors.

SentinelOne (symbol: S) addresses several significant markets with its main products and services. The company estimates its total immediate addressable market to be over $100 billion globally in 2025, encompassing various cybersecurity categories.

• Endpoint Security: The global addressable market for endpoint security is estimated at $17 billion in 2025. Broader global endpoint security market estimates also include valuations of $18.36 billion in 2024, expected to reach $33.74 billion by 2032, and $21.02 billion in 2025, expected to reach $35.75 billion by 2030.
• Data Analytics: The addressable market for data analytics solutions is estimated at $31 billion globally in 2025.
• Cloud Security: The global addressable market for cloud security is estimated at $12 billion in 2025.
• Generative AI Security: The addressable market for generative AI security is estimated at $3 billion globally in 2025.
• Extended Detection and Response (XDR): The global Extended Detection and Response (XDR) market was valued at approximately $5.79 billion in 2024 and is projected to reach $30.86 billion by 2030.

These figures are part of a larger global cybersecurity market, which was estimated at $245.62 billion in 2024 and is projected to reach $500.70 billion by 2030. Other estimates place the global cybersecurity market at $299.6 billion in 2024, potentially growing to $644.4 billion by 2033, with some projections indicating it could reach between $1.5 trillion and $2.0 trillion.

1. Expansion of AI-powered Platform and New Product Offerings: SentinelOne's continued investment and innovation in its AI-driven Singularity Platform, including its expansion beyond traditional endpoint protection into areas like cloud workload protection, AI SIEM, and generative AI security, are key revenue drivers. The company's introduction of the Athena update to its Purple AI platform, as well as its focus on innovations unifying AI, data, and security, underscore this strategy. Acquisitions such as Prompt Security (August 2025) and Observo AI (September 2025) further demonstrate a commitment to securing generative AI deployments and revolutionizing SIEM and security operations, which are expected to open new growth avenues and drive platform adoption.
2. Growth in High-Value Enterprise Customer Acquisition and Expansion: SentinelOne is focused on attracting and retaining large enterprises and government entities, particularly customers with an Annual Recurring Revenue (ARR) of $100,000 or more. This segment has shown consistent growth, and the company actively pursues upselling and cross-selling its expanded product portfolio to existing high-value clients.
3. Strategic Partnerships and Channel-Centric Sales Model: The company's sales strategy heavily relies on a channel-centric model, leveraging a robust network of partners including value-added resellers (VARs), managed security service providers (MSSPs), and system integrators to expand its market reach. Strategic alliances with major cloud providers, such as expanded integrations with Amazon Web Services (AWS) and partnerships with Google Cloud for its Wayfinder Threat Detection & Response suite, are also critical for driving larger and more integrated customer deals through broader platform adoption.
4. Capitalizing on the Expanding AI Cybersecurity Market: SentinelOne is well-positioned to benefit from the accelerated expansion of the overall AI cybersecurity market, which is projected to grow at a significant compound annual growth rate through 2033. The company's AI-native approach resonates with customers seeking automated threat detection, and rising data privacy regulations further push enterprises towards AI-based tools for real-time compliance and threat detection, creating additional market momentum.

Share Repurchases

• SentinelOne announced a $200 million share repurchase program in May 2025.
• This program was authorized by the board of directors and aims to reduce dilution over time.
• The share repurchase authorization does not have an expiration date.

Share Issuance

• SentinelOne completed its Initial Public Offering (IPO) on June 30, 2021, raising $1.2 billion by selling 35 million shares at $35 per share.
• The company's outstanding share count increased by nearly 19% over a three-year period leading up to June 2025.
• Shares outstanding increased from 0.278 billion in 2023 to 0.315 billion in 2025.

Inbound Investments

• In February 2020, SentinelOne raised $200 million in Series E funding, which valued the company at approximately $1.1 billion.
• In 2020, SentinelOne closed another funding round of $267 million, bringing its total valuation to $3.1 billion.

Outbound Investments

• In March 2022, SentinelOne acquired identity detection and response technology company Attivo Networks for $616.5 million in cash and equity.
• In August 2025, SentinelOne announced a definitive agreement to acquire Prompt Security, an Israeli startup focused on securing AI in runtime, for an estimated $250 million in cash and stock.
• In September 2025, SentinelOne announced its intention to acquire Observo AI, an AI-native real-time data pipeline platform, for approximately $225 million through a combination of cash and stock.

Capital Expenditures

• Capital expenditures for SentinelOne were reported as -$831,000 in the last 12 months.
• Historically, capital expenditures have been considered negligible.
• Forecasted capital expenditures are projected to be $45 million in 2026, $69 million in 2027, and $103 million in 2028, consistently representing about 5% of revenue.