Is SentinelOne Stock Undervalued?
Cybersecurity major SentinelOne (NYSE:S) has struggled over several years, delivering…
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Revenue | $4.2B | $5B | $9.6B | $21.5B | $12B | |
| Revenue Growth (YoY) | -1.34% | 17.5% | 93.48% | 123.07% | -43.98% | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $2.9B | $6.1B | $18.1B | $2.6B | $1.2B | |
| Operating Expenses | -$1.1B | -$1.4B | -$2.7B | -$7B | -$4.3B | |
| Operating Income | $1.1B | $1.4B | $2.7B | $7B | $4.3B | |
| Net Interest Expenses | $139.1M | $155M | $417.1M | $575.6M | $288.5M | |
| EBT. Incl. Unusual Items | $676.8M | $524.7M | $545.2M | $1.8B | $1.6B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $296.1M | $178.1M | $147.5M | $697.9M | $648.8M | |
| Net Income to Company | $1.9B | $3B | $3.5B | $4.5B | $2.4B | |
| Minority Interest in Earnings | $4.8M | -- | $100 | -$44.9K | -$111.6K | |
| Net Income to Common Excl Extra Items | $378.8M | $345.8M | $393.5M | $1.1B | $1.8B | |
| Basic EPS (Cont. Ops) | $2.62 | $2.35 | $2.67 | $7.74 | $11.09 | |
| Diluted EPS (Cont. Ops) | $2.62 | $2.35 | $2.67 | $7.74 | $11.09 | |
| Weighted Average Basic Share | $143.2M | $148M | $148M | $148M | $159.4M | |
| Weighted Average Diluted Share | $143.2M | $148M | $148M | $148M | $159.4M | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $2B | $2.4B | $4.9B | $12.1B | $5B | |
| Revenue (Reported) | $4.2B | $5B | $9.6B | $21.5B | $12B | |
| Operating Income (Reported) | $1.1B | $1.4B | $2.7B | $7B | $4.3B | |
| Operating Income (Adjusted) | $2B | $2.4B | $4.9B | $12.1B | $5B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | $2.1B | $3.5B | $2B | $2.2B | |
| Revenue Growth (YoY) | 22.48% | 90.49% | 65.35% | -41.45% | 9.21% | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $223M | $1.5B | $582.7M | $221.2M | -- | |
| Operating Expenses | -$310.8M | -$615.6M | -$1.1B | -$682M | -$86.1M | |
| Operating Income | $310.8M | $615.6M | $1.1B | $682M | $86.1M | |
| Net Interest Expenses | $35.7M | $100.2M | $112.9M | $44.7M | $81.9M | |
| EBT. Incl. Unusual Items | $145.3M | $102.5M | $240M | $275.4M | -$132M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $48M | $18.7M | $65.9M | $95.4M | -$64.7M | |
| Net Income to Company | -- | -- | $2.3B | $1.6B | -- | |
| Minority Interest in Earnings | -- | -- | $100 | -$30.2K | -$4.9K | |
| Net Income to Common Excl Extra Items | $96.8M | $82.5M | $172.9M | $178.9M | -$65.9M | |
| Basic EPS (Cont. Ops) | $0.66 | $0.56 | $1.17 | $1.21 | -$0.41 | |
| Diluted EPS (Cont. Ops) | $0.66 | $0.56 | $1.17 | $1.21 | -$0.41 | |
| Weighted Average Basic Share | $148M | $148M | $148M | $148M | $160.6M | |
| Weighted Average Diluted Share | $148M | $148M | $148M | $148M | $160.6M | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $576.2M | $1.1B | $2.1B | $862.2M | $639M | |
| Revenue (Reported) | $1.1B | $2.1B | $3.5B | $2B | $2.2B | |
| Operating Income (Reported) | $310.8M | $615.6M | $1.1B | $682M | $86.1M | |
| Operating Income (Adjusted) | $576.2M | $1.1B | $2.1B | $862.2M | $639M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $4.3B | -- | $12.1B | $15.8B | $10.1B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $936.3M | $8B | $14.3B | $1B | -- | |
| Operating Expenses | -$1.1B | -- | -$3.5B | -$6.2B | -$1.6B | |
| Operating Income | $1.1B | -- | $3.5B | $6.2B | $1.6B | |
| Net Interest Expenses | $117.7M | $252.1M | $498.1M | $400.2M | $314.6M | |
| EBT. Incl. Unusual Items | $468.7M | $322.6M | $973.5M | $2.1B | $327.9M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $182M | -- | $289.6M | $808.2M | $174.5M | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | $427.8K | $100 | $100 | -$103K | $51.6K | |
| Net Income to Common Excl Extra Items | $284.3M | $336.8M | $679.7M | $1.3B | $875M | |
| Basic EPS (Cont. Ops) | $1.94 | -- | $4.61 | $9.11 | $5.48 | |
| Diluted EPS (Cont. Ops) | $1.94 | $1.53 | $4.61 | $9.11 | $5.48 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $2.1B | $3B | $7.2B | $7.9B | $3.2B | |
| Revenue (Reported) | $4.3B | -- | $12.1B | $15.8B | $10.1B | |
| Operating Income (Reported) | $1.1B | -- | $3.5B | $6.2B | $1.6B | |
| Operating Income (Adjusted) | $2.1B | $3B | $7.2B | $7.9B | $3.2B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $3.1B | $6.6B | $8.9B | $7.9B | $7.1B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $708.1M | $2.9B | $2.3B | $833.1M | $237M | |
| Operating Expenses | -$831.7M | -$1.9B | -$2.7B | -$3.4B | -$1.2B | |
| Operating Income | $831.7M | $1.9B | $2.7B | $3.4B | $1.2B | |
| Net Interest Expenses | $85.9M | $252.1M | $342.6M | $177.3M | $234M | |
| EBT. Incl. Unusual Items | $323.7M | $322.6M | $745.8M | $1.5B | $317.1M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $107.6M | $94.2M | $226.8M | $502.6M | $92.9M | |
| Net Income to Company | -- | -- | $2.3B | $2.3B | $223.1M | |
| Minority Interest in Earnings | -- | $100 | $100 | -$72.7K | $70.5K | |
| Net Income to Common Excl Extra Items | $215.4M | $225.3M | $515.9M | $947.1M | $222.6M | |
| Basic EPS (Cont. Ops) | $1.46 | $1.53 | $3.50 | $6.42 | $1.39 | |
| Diluted EPS (Cont. Ops) | $1.46 | $1.53 | $3.50 | $6.42 | $1.39 | |
| Weighted Average Basic Share | $444M | $444M | $444M | $444M | $481.9M | |
| Weighted Average Diluted Share | $444M | $444M | $444M | $444M | $481.9M | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $1.5B | $3B | $5.4B | $3.7B | $2.4B | |
| Revenue (Reported) | $3.1B | $6.6B | $8.9B | $7.9B | $7.1B | |
| Operating Income (Reported) | $831.7M | $1.9B | $2.7B | $3.4B | $1.2B | |
| Operating Income (Adjusted) | $1.5B | $3B | $5.4B | $3.7B | $2.4B | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $2B | $2.2B | $2.4B | $2.4B | $6.2B | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $424.2M | $584.4M | $987M | $481.3M | $460.4M | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | $50.8M | $97.4M | $187.3M | $87.8M | $108.4M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $3.2B | $4.8B | $3.8B | $4.3B | $8.6B | |
| Property Plant And Equipment | $520.2M | $605.7M | $653.9M | $439.4M | $965.6M | |
| Long-Term Investments | $7.6M | $14.3M | $22.6M | $46.9M | $8M | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | $259.5M | $402.7M | $680M | $332.4M | $295.4M | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $12.6B | $16.4B | $19.1B | $12.7B | $31.7B | |
| Accounts Payable | -- | -- | $793M | $388.5M | $228.5M | |
| Accrued Expenses | -- | $169.1M | $319.1M | $211.1M | $209.1M | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $555.5M | $679M | $787.3M | $763.5M | $1.8B | |
| Long-Term Debt | $335.8M | $263.5M | $190.4M | $196.4M | $508.6M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $10.4B | $13.4B | $15.7B | $10.2B | $25.8B | |
| Common Stock | $17.5M | $14.4M | $8.3M | $1.8M | $1.5M | |
| Other Common Equity Adj | $3.2B | $4.6B | $8.8B | $4B | $3.3B | |
| Common Equity | $1.7B | $2.4B | $2.8B | $2B | $4.9B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | $100 | $96.5K | $163.9K | |
| Total Equity | $2.1B | $2.9B | $3.4B | $2.5B | $5.9B | |
| Total Liabilities and Equity | $12.6B | $16.4B | $19.1B | $12.7B | $31.7B | |
| Cash and Short Terms | $3.1B | $4.5B | $7.9B | $5.4B | $6.5B | |
| Total Debt | $335.8M | $276.5M | $200.8M | $203.5M | $518.1M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $2.2B | $2.1B | $2B | $6.2B | $5.7B | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | -- | $411.2M | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $5.2B | $3.4B | $3.8B | $7.8B | $7.5B | |
| Property Plant And Equipment | $579.7M | $677.5M | $670M | $759.7M | $852.5M | |
| Long-Term Investments | $6.5M | $31.5M | $105.5M | $9.5M | $83.1M | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | $253.9M | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $14.9B | $18.1B | $17.9B | $23.8B | $30.6B | |
| Accounts Payable | -- | -- | -- | $198.2M | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $594.1M | $811.4M | $677.6M | $1.3B | $1.9B | |
| Long-Term Debt | $307.2M | $223.3M | $203.6M | $214.8M | $887.4M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $12.3B | $14.7B | $14.3B | $19.2B | $25.4B | |
| Common Stock | $14.9M | $10M | $4.2M | $1.5M | $1.2M | |
| Other Common Equity Adj | -- | -- | -- | $3.2B | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $100 | $100 | $200 | $76.1K | $194.2K | |
| Total Equity | $2.7B | $3.4B | $3.6B | $4.6B | $5.2B | |
| Total Liabilities and Equity | $14.9B | $18.1B | $17.9B | $23.8B | $30.6B | |
| Cash and Short Terms | $2.3B | -- | $2.1B | $7B | -- | |
| Total Debt | $307.2M | $223.3M | $203.6M | $214.8M | $887.4M | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $1.9B | $3B | $3.5B | $4.5B | $2.4B | |
| Depreciation & Amoritzation | $54.4M | $152.2M | $210.7M | $284.9M | $210.2M | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $1.8B | $3.3B | -$1.1B | $311.4M | $266.8M | |
| Capital Expenditures | $100.8M | $110.8M | $141.7M | $246.7M | $237M | |
| Cash Acquisitions | $1.4M | $2.2M | $5.7M | $8.6M | $3.6M | |
| Cash From Investing | -$1.3B | -$558.9M | -$5.1B | -$12.3B | -$12.6B | |
| Dividends Paid (Ex Special Dividend) | $28.8M | $20.2M | $192.5M | $608.9M | $671.6M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $1.3B | $3B | $7.6B | $3.7B | $2.3B | |
| Long-Term Debt Repaid | -$2.7B | -$2.3B | -$5B | -$4.1B | -$1.2B | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -$1.1M | |
| Cash From Financing | $1.5B | $246.8M | $10.7B | $16.6B | $15.9B | |
| Beginning Cash (CF) | $13.3B | $36.6B | $66.8B | $34.3B | $7.8B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $4B | $6.1B | $11.1B | $19.1B | $9.7B | |
| Ending Cash (CF) | $15.9B | $41.1B | $70.9B | $27.1B | $8.1B | |
| Levered Free Cash Flow | $1.7B | $3.2B | -$1.2B | $64.7M | $29.8M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | $2.3B | $1.6B | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $1B | $16.1M | -$231.5M | -$1.9B | $1.8B | |
| Capital Expenditures | $30.2M | $50.1M | $57M | $59.9M | $28.8M | |
| Cash Acquisitions | -$1.9M | $5.4M | -- | -- | -- | |
| Cash From Investing | $644.9M | -$1.8B | -$2.6B | -$487M | -$2.3B | |
| Dividends Paid (Ex Special Dividend) | $1.4M | $66.5M | $229M | $239.9M | $88.5M | |
| Special Dividend Paid | -- | $89.4K | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | $2.1B | $874.9M | -- | |
| Long-Term Debt Repaid | -- | -- | -$2.4B | -$744.2M | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -$236.9M | $3.2B | $4.4B | $6.1B | $2.7B | |
| Beginning Cash (CF) | -- | -- | $27.1B | $7B | -- | |
| Foreign Exchange Rate Adjustment | $90.3M | $435.5M | $1.1B | $279.4M | -$547.9M | |
| Additions / Reductions | $2.2B | $3.6B | $6.6B | $5B | $2B | |
| Ending Cash (CF) | -- | -- | $22.1B | $8.1B | -- | |
| Levered Free Cash Flow | $975.7M | -$34M | -$288.5M | -$1.9B | $1.7B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | -- | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $2.9B | -- | -$1.6B | $1.7B | $2.5B | |
| Capital Expenditures | $104.9M | $98.1M | $169.2M | $280.3M | $229.3M | |
| Cash Acquisitions | $770K | -- | $335.4K | -- | -- | |
| Cash From Investing | $465.5M | -- | -$6.4B | -$12.4B | -$12.9B | |
| Dividends Paid (Ex Special Dividend) | $47.7M | -- | $501.5M | $777.9M | $183M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | $140.7M | -- | $12.5B | $17.5B | $11.7B | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $6.3B | -- | $14.7B | $18.3B | $3.8B | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $2.8B | -- | -$1.8B | $1.5B | $2.3B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | $2.3B | $2.3B | $223.1M | |
| Depreciation & Amoritzation | $17.4M | $73.2M | $39.8M | $34.8M | $57M | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $2B | -$1B | -$1.6B | -$139.8M | $2.1B | |
| Capital Expenditures | $75.8M | $98.1M | $125.7M | $159.2M | $151.6M | |
| Cash Acquisitions | $0 | $5.4M | -- | -- | -- | |
| Cash From Investing | $842.4M | -$3.7B | -$5B | -$5.1B | -$5.4B | |
| Dividends Paid (Ex Special Dividend) | $18.9M | $181.3M | $490.3M | $659.3M | $170.8M | |
| Special Dividend Paid | -- | $89.4K | $529.4K | -- | -- | |
| Long-Term Debt Issued | -- | -- | $2.1B | $1.3B | $511.6M | |
| Long-Term Debt Repaid | -- | -- | -$2.4B | -$1.1B | -$454.8M | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | $90.1M | $6.6B | $8.4B | $9.4B | $5.2B | |
| Beginning Cash (CF) | -- | -- | $27.1B | $16.3B | $7.6B | |
| Foreign Exchange Rate Adjustment | $356.3M | $868.4M | $2.1B | $631.8M | $68.6M | |
| Additions / Reductions | $5.2B | $6.4B | $10B | $9.2B | $3.2B | |
| Ending Cash (CF) | -- | -- | $22.1B | $16B | $6.4B | |
| Levered Free Cash Flow | $1.9B | -$1.1B | -$1.7B | -$299.1M | $2B | |
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