SentinelOne (S) Operating Leases (2021 - 2024)
SentinelOne's Operating Leases was $14.98 million in fiscal Q3 2025 (quarter ended Oct 31, 2024), down 19.0% from $18.49 million a year earlier and down 3.4% from the prior quarter.
SentinelOne (S) Operating Leases (2021 - 2024) Analysis & Trends
At the end of FY2024 (ended Jan 31, 2024), Operating Leases at SentinelOne came in at $18.24 million, down 21.0% from FY2023.
- Operating Leases shows a three-year compound annual growth rate of -1.1% (FY2021 to FY2024).
- In earlier fiscal years, Operating Leases was $23.08 million in FY2023 (-5.7%), $24.47 million in FY2022 (+29.9%) and $18.84 million in FY2021.
- The fiscal Q3 2025 figure marks the lowest quarterly Operating Leases in data going back to fiscal Q4 2021.
- Compared with a year earlier, Operating Leases has declined for nine straight quarters, with an average decline of 19.2% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was fiscal Q4 2022 (growth of 29.9%); the worst was fiscal Q2 2025 (a decline of 24.5%).
- Per Business Quant data, S's Operating Leases in the three fiscal quarters before Q3 2025 was $15.5 million (Q2 2025), $16.76 million (Q1 2025) and $18.24 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn |
| 10 | SentinelOne | 7.87 Bn | 5.27 Bn | 210.42 Mn |
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 |
SentinelOne Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=S&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "S", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=S&period=max&api_key=YOUR_API_KEY");
const data = await res.json();