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 | $22.2M | $72M | $111.8M | $117.4M | $269.1M | |
| Revenue Growth (YoY) | -48.25% | 224% | 55.29% | 4.99% | 129.12% | |
| Cost of Revenues | $52.6M | $46.4M | $53.1M | $59.9M | $137.1M | |
| Gross Profit | -$30.3M | $25.6M | $58.7M | $57.5M | $132M | |
| Gross Profit Margin | -136.52% | 35.52% | 52.5% | 49.01% | 49.04% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $11M | $12.9M | $16.5M | $37.3M | $61.8M | |
| Other Inc / (Exp) | $6.3M | $121.9K | -$4.3M | -$9.5M | -$1.5M | |
| Operating Expenses | $10.6M | $12.4M | $15.4M | $36.7M | $59M | |
| Operating Income | -$40.9M | $13.2M | $43.3M | $20.9M | $72.9M | |
| Net Interest Expenses | $4.9M | $4.5M | $1.9M | $3.6M | $3.6M | |
| EBT. Incl. Unusual Items | -$30.8M | $8.8M | $37.4M | $12.4M | $73M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -$1.1K | -$15.4K | -- | -- | $2.6M | |
| Net Income to Company | -$30.8M | $8.8M | $37.4M | $12.4M | $70.4M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$30.8M | $8.8M | $37.4M | $12.4M | $70.4M | |
| Basic EPS (Cont. Ops) | -$4.75 | $0.27 | $0.92 | $0.25 | $0.81 | |
| Diluted EPS (Cont. Ops) | -$4.75 | $0.27 | $0.91 | $0.24 | $0.81 | |
| Weighted Average Basic Share | $6.5M | $32.8M | $40.8M | $50.3M | $86.5M | |
| Weighted Average Diluted Share | $6.5M | $32.8M | $41M | $50.8M | $86.7M | |
| EBITDA | -$23.3M | $32.7M | $67.1M | $45.8M | $134M | |
| EBIT | -$40.9M | $13.2M | $43.3M | $20.9M | $72.9M | |
| Revenue (Reported) | $22.2M | $72M | $111.8M | $117.4M | $269.1M | |
| Operating Income (Reported) | -$40.9M | $13.2M | $43.3M | $20.9M | $72.9M | |
| Operating Income (Adjusted) | -$40.9M | $13.2M | $43.3M | $20.9M | $72.9M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | $25.5M | $88.5M | $180.2M | |
| Revenue Growth (YoY) | -- | -- | -- | 247.57% | 103.66% | |
| Cost of Revenues | -- | -- | $17.2M | $36.4M | $68.5M | |
| Gross Profit | -- | -- | $8.3M | $52.1M | $111.8M | |
| Gross Profit Margin | -- | -- | 32.43% | 58.92% | 62.02% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | $7.5M | $16.3M | $20.6M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | -- | $7.5M | $16.3M | $20.6M | |
| Operating Income | -- | -- | $720.8K | $35.8M | $91.2M | |
| Net Interest Expenses | -- | -- | $56.6K | $3.6M | $14.7M | |
| EBT. Incl. Unusual Items | -- | -- | $664.2K | $30.9M | $78.1M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | $542.7K | $2.6M | |
| Net Income to Company | -- | -- | $615.3K | $30M | $79.4M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -- | $664.2K | $30.4M | $75.5M | |
| Basic EPS (Cont. Ops) | -- | -- | $0.01 | $0.35 | $0.86 | |
| Diluted EPS (Cont. Ops) | -- | -- | $0.01 | $0.35 | $0.81 | |
| Weighted Average Basic Share | -- | -- | $77.9M | $87.7M | $87.6M | |
| Weighted Average Diluted Share | -- | -- | $77.9M | $87.7M | $93.2M | |
| EBITDA | -- | -- | $2.6M | $46.7M | $125.2M | |
| EBIT | -- | -- | $1M | $35.8M | $91.2M | |
| Revenue (Reported) | -- | -- | $25.5M | $88.5M | $180.2M | |
| Operating Income (Reported) | -- | -- | $720.8K | $35.8M | $91.2M | |
| Operating Income (Adjusted) | -- | -- | $1M | $35.8M | $91.2M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | $196.1M | $605.2M | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | $118.7M | $214.5M | |
| Gross Profit | -- | -- | -- | $78.8M | $390.7M | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | $16.3M | $73.3M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | -- | -- | $51.1M | $73.3M | |
| Operating Income | -- | -- | -- | $26.3M | $317.5M | |
| Net Interest Expenses | -- | -- | -- | $6M | $18.6M | |
| EBT. Incl. Unusual Items | -- | -- | -- | $32.1M | $312.5M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | $1.7M | $7.1M | |
| Net Income to Company | -- | -- | -- | $10.2M | $302.4M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -- | -- | $10.3M | $305.4M | |
| Basic EPS (Cont. Ops) | -- | -- | -- | $0.09 | $3.48 | |
| Diluted EPS (Cont. Ops) | -- | -- | -- | $0.34 | $3.42 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -- | -- | -- | $66.6M | $425.6M | |
| EBIT | -- | -- | -- | $20.5M | $317.5M | |
| Revenue (Reported) | -- | -- | -- | $196.1M | $605.2M | |
| Operating Income (Reported) | -- | -- | -- | $26.3M | $317.5M | |
| Operating Income (Adjusted) | -- | -- | -- | $20.5M | $317.5M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | $99.1M | $177.2M | $513.5M | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | $44.5M | $98.4M | $178.5M | |
| Gross Profit | -- | -- | $54.6M | $78.8M | $335M | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | $21.8M | $16.3M | $56.9M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | -- | $21.8M | $45.4M | $56.9M | |
| Operating Income | -- | -- | $32.8M | $33.4M | $278.1M | |
| Net Interest Expenses | -- | -- | $176.9K | $6M | $16.8M | |
| EBT. Incl. Unusual Items | -- | -- | $32.9M | $32.1M | $271.9M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | $1.7M | $6.3M | |
| Net Income to Company | -- | -- | $32.9M | $30.1M | $261.8M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -- | $32.9M | $30.4M | $265.6M | |
| Basic EPS (Cont. Ops) | -- | -- | $0.67 | $0.34 | $3.03 | |
| Diluted EPS (Cont. Ops) | -- | -- | $0.67 | $0.34 | $2.97 | |
| Weighted Average Basic Share | -- | -- | $176.7M | $262.1M | $263M | |
| Weighted Average Diluted Share | -- | -- | $177M | $262.1M | $268.9M | |
| EBITDA | -- | -- | $48.2M | $69.2M | $361.1M | |
| EBIT | -- | -- | $33.6M | $33.4M | $278.1M | |
| Revenue (Reported) | -- | -- | $99.1M | $177.2M | $513.5M | |
| Operating Income (Reported) | -- | -- | $32.8M | $33.4M | $278.1M | |
| Operating Income (Adjusted) | -- | -- | $33.6M | $33.4M | $278.1M | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $77.9M | $2.6M | $20.3M | $106.7M | $60.5M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $8.5M | $21M | $40.2M | $40.1M | $92.5M | |
| Inventory | $381.7K | $500.4K | $585.9K | $2M | $1.1M | |
| Prepaid Expenses | $215.3K | $1.7M | $1.8M | $10.6M | $17.2M | |
| Other Current Assets | $16K | -- | -- | -- | -- | |
| Total Current Assets | $102.2M | $28M | $63.5M | $162.9M | $195.3M | |
| Property Plant And Equipment | $309.6M | $454.4M | $647.3M | $1.2B | $1.8B | |
| Long-Term Investments | -- | -- | $3.6M | $373.4K | $6.8M | |
| Goodwill | -- | -- | -- | $18.5M | $18.5M | |
| Other Intangibles | -- | $455.2K | -- | $265.3K | $444.3K | |
| Other Long-Term Assets | -- | $1.1K | -- | -- | -- | |
| Total Assets | $412.1M | $483M | $715.1M | $1.4B | $2B | |
| Accounts Payable | $5.3M | $3.2M | $4.2M | $9.3M | $12M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | $11.8M | $32.4M | $827.9K | $883.2K | $32.4M | |
| Current Portion Of Capital Lease Obligations | $350.5K | $337.4K | $299.2K | $664.4K | $1.3M | |
| Other Current Liabilities | -- | -- | -- | $4.4M | $217.5K | |
| Total Current Liabilities | $31.4M | $61.2M | $12.6M | $59.2M | $128M | |
| Long-Term Debt | $78.8M | $50.8M | $121.9M | $226.6M | $569.1M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $117.2M | $113.2M | $138.2M | $324.2M | $728.1M | |
| Common Stock | $19M | $21.2M | $28.4M | $46.2M | $48.8M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $295M | $369.9M | $576.9M | $1.1B | $1.3B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $295M | $369.9M | $576.9M | $1.1B | $1.3B | |
| Total Liabilities and Equity | $412.1M | $483M | $715.1M | $1.4B | $2B | |
| Cash and Short Terms | $77.9M | $2.6M | $20.3M | $106.7M | $60.5M | |
| Total Debt | $79.1M | $51.2M | $122.2M | $227.3M | $570.4M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | -- | -- | -- | $102.5M | $255.9M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | -- | $85.8M | $184.5M | |
| Inventory | -- | -- | -- | $1.5M | $3.4M | |
| Prepaid Expenses | -- | -- | -- | $17.4M | $20.4M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | -- | -- | -- | $207.3M | $464.7M | |
| Property Plant And Equipment | -- | -- | -- | $1.8B | $3.1B | |
| Long-Term Investments | -- | -- | -- | $775.7K | $1.7M | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | -- | -- | -- | $2B | $3.6B | |
| Accounts Payable | -- | -- | -- | $42.1M | $54.6M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | $36.4M | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | $1.3M | -- | |
| Other Current Liabilities | -- | -- | -- | $2.7M | -- | |
| Total Current Liabilities | -- | -- | -- | $113.8M | $436.2M | |
| Long-Term Debt | -- | -- | -- | $620.9M | $1.4B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | -- | -- | -- | $775.8M | $1.9B | |
| Common Stock | -- | -- | -- | $52.6M | $55.4M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | -- | -- | -- | $1.3B | $1.7B | |
| Total Liabilities and Equity | -- | -- | -- | $2B | $3.6B | |
| Cash and Short Terms | -- | -- | -- | $102.5M | $255.9M | |
| Total Debt | -- | -- | -- | $622.2M | $1.4B | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$30.8M | $8.8M | $37.4M | $12.4M | $70.4M | |
| Depreciation & Amoritzation | $17.6M | $19.5M | $23.8M | $24.9M | $61.2M | |
| Stock-Based Compensation | $177.8K | -$379.4K | $369.9K | $1.2M | $1.8M | |
| Change in Accounts Receivable | -$3.3M | -$2.9M | -$18.9M | $30.9M | -$67.4M | |
| Change in Inventories | -$58.1K | -$151.3K | -$114.6K | -$1.2M | $852.4K | |
| Cash From Operations | -$15.7M | $31.1M | $24.4M | $60.8M | $79.4M | |
| Capital Expenditures | $292M | $193.1M | $236.9M | $72.4M | $666.3M | |
| Cash Acquisitions | -- | -- | -- | -$11.2M | -- | |
| Cash From Investing | -$292M | -$193.1M | -$236.9M | -$59.2M | -$666M | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $83.7M | $10.6M | $136.6M | $216.5M | $396.1M | |
| Long-Term Debt Repaid | -$12.8M | -$12.2M | -$95.2M | -$125.1M | -$13.6M | |
| Repurchase of Common Stock | -- | -- | -- | -- | $1.4M | |
| Other Financing Activities | -$16.2M | -$2.5M | -$5.5M | -$7.5M | -$3.3M | |
| Cash From Financing | $378.8M | $89.6M | $230M | $83.7M | $542.7M | |
| Beginning Cash (CF) | $77.9M | $2.6M | $20.3M | $106.7M | $60.5M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $71.1M | -$72.5M | $17.6M | $83.9M | -$41.3M | |
| Ending Cash (CF) | $149M | -$69.9M | $37.8M | $189.2M | $22M | |
| Levered Free Cash Flow | -$307.6M | -$162.1M | -$212.5M | -$11.6M | -$586.9M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | $615.3K | $30M | $79.4M | |
| Depreciation & Amoritzation | -- | -- | $1.6M | $10.8M | $34.6M | |
| Stock-Based Compensation | -- | -- | $709.4K | $522.4K | $618.3K | |
| Change in Accounts Receivable | -- | -- | $14.8M | -$15.2M | $129M | |
| Change in Inventories | -- | -- | -$1M | -$428.2K | -$727K | |
| Cash From Operations | -- | -- | $37.5M | $24.7M | $229M | |
| Capital Expenditures | -- | -- | $11.5M | $275.2M | $317.5M | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -$8.5M | -$275.2M | -$317.6M | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | $268.2M | -- | |
| Long-Term Debt Repaid | -- | -- | -$65K | -$4M | -- | |
| Repurchase of Common Stock | -- | -- | -- | $1.4M | $68K | |
| Other Financing Activities | -- | -- | -$3.4M | -$616.5K | -- | |
| Cash From Financing | -- | -- | -$6.9M | $253.1M | $273.9M | |
| Beginning Cash (CF) | -- | -- | $20.8M | $102.5M | $255.9M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -$3.9M | -- | |
| Additions / Reductions | -- | -- | $22.2M | -$1.3M | $185.4M | |
| Ending Cash (CF) | -- | -- | $42.9M | $97.3M | $441.3M | |
| Levered Free Cash Flow | -- | -- | $26M | -$250.5M | -$88.5M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | $10.2M | $302.4M | |
| Depreciation & Amoritzation | -- | -- | -- | $46.5M | $108.8M | |
| Stock-Based Compensation | -- | -- | $1M | $1.5M | $2.4M | |
| Change in Accounts Receivable | -- | -- | -- | -$6.2M | -$83.6M | |
| Change in Inventories | -- | -- | -- | $258.5K | -$1.7M | |
| Cash From Operations | -- | -- | -- | $60.3M | $326M | |
| Capital Expenditures | -- | -- | $27.4M | $595.1M | $1.1B | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -$637.7M | -$1.1B | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | $622.8M | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -$129.7M | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | $1.9M | |
| Other Financing Activities | -- | -- | -- | -$7.4M | -- | |
| Cash From Financing | -- | -- | -- | $638.5M | $935.6M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | -- | $61.2M | $143.1M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -- | -- | -$588.8M | -$798.2M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | $32.9M | $30.1M | $261.8M | |
| Depreciation & Amoritzation | -- | -- | $14.7M | $35.7M | $83M | |
| Stock-Based Compensation | -- | -- | $1M | $1.3M | $1.8M | |
| Change in Accounts Receivable | -- | -- | -$9.7M | -$46.1M | -$62M | |
| Change in Inventories | -- | -- | -$957.1K | $527.7K | -$2.1M | |
| Cash From Operations | -- | -- | $57.5M | $37.5M | $283.7M | |
| Capital Expenditures | -- | -- | $27.4M | $595.1M | $1B | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -$25.5M | -$594.9M | -$1B | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | $406.3M | $520.6M | |
| Long-Term Debt Repaid | -- | -- | -$282K | -$4.9M | -$8.7M | |
| Repurchase of Common Stock | -- | -- | -- | $1.4M | $1.9M | |
| Other Financing Activities | -- | -- | -$3.4M | -$3.3M | -- | |
| Cash From Financing | -- | -- | -$9.9M | $555.4M | $945.3M | |
| Beginning Cash (CF) | -- | -- | $56.5M | $428.1M | $419.8M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -$3.1M | -- | |
| Additions / Reductions | -- | -- | $22.2M | -$5.2M | $179.5M | |
| Ending Cash (CF) | -- | -- | $79M | $419.8M | $599.2M | |
| Levered Free Cash Flow | -- | -- | $30.1M | -$557.6M | -$765.7M | |
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