SentinelOne (S) Operating Leases (2021 - 2024)
SentinelOne's (S) quarterly Operating Leases came in at $15.0 million in Q4 2024, down 19.02% year-over-year from $18.5 million in Q4 2023, and down 3.37% quarter-over-quarter from $15.5 million in Q3 2024.
Analysis
SentinelOne (S) Operating Leases (2021 - 2024) Analysis & Trends
SentinelOne (S) has reported Operating Leases for 4 consecutive years, with $15.0 million the latest figure, recorded in Q4 2024.
- On a quarterly basis, Operating Leases fell 19.02% year-over-year to $15.0 million in Q4 2024; TTM through Oct 2024 was $15.0 million, a 19.02% decrease from a year earlier, with the FY2024 full-year figure at $18.2 million, down 20.97% from the prior year.
- Operating Leases was $15.0 million for Q4 2024 at SentinelOne, down from $15.5 million in the prior quarter.
- Over five years, Operating Leases peaked at $27.2 million in Q2 2022 and troughed at $15.0 million in Q4 2024.
- A 4-year average of $21.0 million and a median of $21.4 million in 2021 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases gained 29.87% in 2022 and slipped 24.47% in 2024, its largest moves.
- Over 4 years, Operating Leases stood at $25.2 million in 2021, then dropped by 6.1% to $23.7 million in 2022, then slipped by 21.99% to $18.5 million in 2023, then dropped by 19.02% to $15.0 million in 2024.
- The last three Operating Leases figures came in at $15.0 million (Q4 2024), $15.5 million (Q3 2024), and $16.8 million (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn |
| 10 | SentinelOne | 6.66 Bn | 6.00 Bn | 210.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2024 | 14.98 Mn |
| Jul 31, 2024 | 15.50 Mn |
| Apr 30, 2024 | 16.76 Mn |
| Jan 31, 2024 | 18.24 Mn |
| Oct 31, 2023 | 18.49 Mn |
| Jul 31, 2023 | 20.52 Mn |
| Apr 30, 2023 | 21.97 Mn |
| Jan 31, 2023 | 23.08 Mn |
| Oct 31, 2022 | 23.71 Mn |
| Jul 31, 2022 | 25.26 Mn |
| Apr 30, 2022 | 27.20 Mn |
| Jan 31, 2022 | 24.47 Mn |
| Oct 31, 2021 | 25.25 Mn |
| Jul 31, 2021 | 21.45 Mn |
| Jan 31, 2021 | 18.84 Mn |