SentinelOne (S) 10-Q 4 Dec 24 2025 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Oct. 31, 2024	Nov. 29, 2024
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	001-40531
Entity Registrant Name	SENTINELONE, INC
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	99-0385461
Entity Address, Address Line One	444 Castro Street, Suite 400
Entity Address, City or Town	Mountain View
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94041
City Area Code	(855)
Local Phone Number	868-3733
Title of 12(b) Security	Class A common stock, par value $0.0001
Trading Symbol	S
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Current Fiscal Year End Date	--01-31
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Central Index Key	0001583708
Document Period End Date	Oct. 31, 2024
Class A
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		295,079,043
Class B
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		26,262,451

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 31, 2024	Jan. 31, 2024
Current assets:
Cash and cash equivalents	$ 235,742	$ 256,651
Short-term investments	424,517	669,305
Accounts receivable, net	164,603	214,322
Deferred contract acquisition costs, current	60,272	54,158
Prepaid expenses and other current assets	105,857	102,895
Total current assets	990,991	1,297,331
Property and equipment, net	68,125	48,817
Operating lease right-of-use assets	16,584	18,474
Long-term investments	463,542	204,798
Deferred contract acquisition costs, non-current	77,362	71,640
Intangible assets, net	113,729	122,903
Goodwill	629,636	549,411
Other assets	7,051	8,033
Total assets	2,367,020	2,321,407
Current liabilities:
Accounts payable	9,706	6,759
Accrued liabilities	122,518	104,671
Accrued payroll and benefits	69,624	74,345
Operating lease liabilities, current	5,120	4,689
Deferred revenue, current	400,515	399,603
Total current liabilities	607,483	590,067
Deferred revenue, non-current	97,526	114,930
Operating lease liabilities, non-current	14,975	18,239
Other liabilities	7,513	4,128
Total liabilities	727,497	727,364
Commitments and contingencies (Note 10)
Stockholders’ equity:
Preferred stock, value, issued	0	0
Additional paid-in capital	3,193,601	2,934,607
Accumulated other comprehensive income (loss)	2,587	(1,550)
Accumulated deficit	(1,556,697)	(1,339,044)
Total stockholders’ equity	1,639,523	1,594,043
Total liabilities and stockholders’ equity	2,367,020	2,321,407
Class A
Stockholders’ equity:
Common stock, value, issued	29	27
Class B
Stockholders’ equity:
Common stock, value, issued	$ 3	$ 3

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Oct. 31, 2024	Jan. 31, 2024
Preferred stock, par value (in USD per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized (in shares)	50,000,000	50,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Class A
Common stock, par or stated value per share (in USD per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	1,500,000,000	1,500,000,000
Common stock, shares, issued (in shares)	293,903,832	269,780,805
Common stock, shares, outstanding (in shares)	293,903,832	269,780,805
Class B
Common stock, par or stated value per share (in USD per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	300,000,000	300,000,000
Common stock, shares, issued (in shares)	26,209,951	34,910,917
Common stock, shares, outstanding (in shares)	26,209,951	34,910,917

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Income Statement [Abstract]
Revenue	$ 210,648	$ 164,165	$ 595,940	$ 446,979
Cost of revenue	53,260	43,765	154,096	131,015
Gross profit	157,388	120,400	441,844	315,964
Operating expenses:
Research and development	70,453	52,306	192,376	161,730
Sales and marketing	123,713	98,249	359,160	295,682
General and administrative	52,342	51,239	139,409	151,425
Restructuring (Note 12)	0	74	0	4,329
Total operating expenses	246,508	201,868	690,945	613,166
Loss from operations	(89,120)	(81,468)	(249,101)	(297,202)
Interest income	12,696	11,877	37,631	33,901
Interest expense	(38)	(1)	(110)	(1,213)
Other income (expense), net	(378)	605	(838)	1,655
Loss before income taxes	(76,840)	(68,987)	(212,418)	(262,859)
Provision for income taxes	1,524	1,317	5,235	3,852
Net loss	$ (78,364)	$ (70,304)	$ (217,653)	$ (266,711)
Net loss per share attributable to Class A and Class B common stockholders, basic (in USD per share)	$ (0.25)	$ (0.24)	$ (0.70)	$ (0.91)
Net loss per share attributable to Class A and Class B common stockholders, diluted (in USD per share)	$ (0.25)	$ (0.24)	$ (0.70)	$ (0.91)
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic (in shares)	316,987,303	296,650,848	312,583,956	292,755,742
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, diluted (in shares)	316,987,303	296,650,848	312,583,956	292,755,742

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Statement of Comprehensive Income [Abstract]
Net loss	$ (78,364)	$ (70,304)	$ (217,653)	$ (266,711)
Other comprehensive income (loss):
Change in unrealized gains (losses) on investments	1,442	1,627	4,137	(977)
Total comprehensive loss	$ (76,922)	$ (68,677)	$ (213,516)	$ (267,688)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Additional Paid-In Capital	Accumulated Other Comprehensive Income	Accumulated Deficit	Class A and Class B Common Stock Class A and Class B Common Stock
Beginning balance (in shares) at Jan. 31, 2023					286,763,857
Beginning balance at Jan. 31, 2023	$ 1,656,705	$ 2,663,394	$ (6,367)	$ (1,000,351)	$ 29
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of stock options (in shares)					6,484,688
Issuance of common stock upon exercise of stock options	17,366	17,365			$ 1
Vesting of restricted stock units and performance stock units (in shares)					4,090,297
Issuance of common stock under employee stock purchase plan (in shares)					568,611
Issuance of common stock under employee purchase plan	6,416	6,416
Vesting of early exercised stock options	178	178
Stock-based compensation	167,852	167,852
Other comprehensive income (loss)	(977)		(977)
Net loss	(266,711)			(266,711)
Ending balance (in shares) at Oct. 31, 2023					297,907,453
Ending balance at Oct. 31, 2023	1,580,829	2,855,205	(7,344)	(1,267,062)	$ 30
Beginning balance (in shares) at Jul. 31, 2023					294,898,606
Beginning balance at Jul. 31, 2023	1,589,319	2,795,019	(8,971)	(1,196,758)	$ 29
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of stock options (in shares)					1,410,001
Issuance of common stock upon exercise of stock options	3,521	3,520			$ 1
Vesting of restricted stock units and performance stock units (in shares)					1,598,846
Vesting of early exercised stock options	9	9
Stock-based compensation	56,657	56,657
Other comprehensive income (loss)	1,627		1,627
Net loss	(70,304)			(70,304)
Ending balance (in shares) at Oct. 31, 2023					297,907,453
Ending balance at Oct. 31, 2023	1,580,829	2,855,205	(7,344)	(1,267,062)	$ 30
Beginning balance (in shares) at Jan. 31, 2024					304,691,722
Beginning balance at Jan. 31, 2024	1,594,043	2,934,607	(1,550)	(1,339,044)	$ 30
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of stock options (in shares)					5,671,299
Issuance of common stock upon exercise of stock options	22,888	22,887			$ 1
Issuance of common stock and assumed options in connection with acquisition (in shares)					2,354,607
Issuance of common stock and assumed options in connection with acquisition	23,739	23,738			$ 1
Vesting of restricted stock units and performance stock units (in shares)					6,906,765
Issuance of common stock under employee stock purchase plan (in shares)					508,690
Issuance of common stock under employee purchase plan	$ 8,800	8,800
Repurchase of common stock (in shares)	(19,300)
Stock-based compensation	$ 203,569	203,569
Other comprehensive income (loss)	4,137		4,137
Net loss	(217,653)			(217,653)
Ending balance (in shares) at Oct. 31, 2024					320,113,783
Ending balance at Oct. 31, 2024	1,639,523	3,193,601	2,587	(1,556,697)	$ 32
Beginning balance (in shares) at Jul. 31, 2024					315,927,204
Beginning balance at Jul. 31, 2024	1,633,687	3,110,843	1,145	(1,478,333)	$ 32
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of stock options (in shares)					1,850,602
Issuance of common stock upon exercise of stock options	10,075	10,075
Vesting of restricted stock units and performance stock units (in shares)					2,335,977
Stock-based compensation	72,683	72,683
Other comprehensive income (loss)	1,442		1,442
Net loss	(78,364)			(78,364)
Ending balance (in shares) at Oct. 31, 2024					320,113,783
Ending balance at Oct. 31, 2024	$ 1,639,523	$ 3,193,601	$ 2,587	$ (1,556,697)	$ 32

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023
CASH FLOW FROM OPERATING ACTIVITIES:
Net loss	$ (217,653)	$ (266,711)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	31,825	28,549
Amortization of deferred contract acquisition costs	48,297	34,699
Non-cash operating lease costs	2,981	3,010
Stock-based compensation expense	193,418	163,308
Loss on disposal of assets	1,481	1,116
Accretion of discounts and amortization of premiums on investments, net	(10,536)	(16,289)
Net gain on strategic investments	(345)	(2,706)
Other	302	(479)
Changes in operating assets and liabilities, net of effects of acquisitions
Accounts receivable	49,980	18,846
Prepaid expenses and other assets	5,987	10,075
Deferred contract acquisition costs	(60,133)	(47,289)
Accounts payable	2,975	1,935
Accrued liabilities	14,557	(220)
Accrued payroll and benefits	(4,702)	(1,998)
Operating lease liabilities	(3,925)	(4,650)
Deferred revenue	(17,163)	16,311
Other liabilities	(217)	301
Net cash provided by (used in) operating activities	37,129	(62,192)
CASH FLOW FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(1,666)	(1,117)
Purchases of intangible assets	(149)	(3,436)
Capitalization of internal-use software	(19,795)	(9,687)
Purchases of investments	(597,614)	(462,539)
Sales and maturities of investments	594,879	504,340
Cash paid for acquisitions, net of cash acquired	(61,553)	0
Net cash (used in) provided by investing activities	(85,898)	27,561
CASH FLOW FROM FINANCING ACTIVITIES:
Repurchase of early exercised stock options	(21)	0
Proceeds from exercise of stock options	22,888	17,366
Proceeds from issuance of common stock under the employee stock purchase plan	8,800	6,416
Net cash provided by financing activities	31,667	23,782
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	(17,102)	(10,849)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH–Beginning of period	322,086	202,406
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH–End of period	304,984	191,557
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Income taxes paid, net of refunds	5,002	3,021
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Stock-based compensation capitalized as internal-use software	10,151	4,544
Property and equipment purchased but not yet paid	141	78
Internal-use software capitalized but not yet paid	0	25
Patents capitalized but not yet paid	0	35
Vesting of early exercised stock options	$ 0	$ 178

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	9 Months Ended
	Oct. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	ORGANIZATION AND DESCRIPTION OF BUSINESS Business

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Oct. 31, 2024
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP), and applicable rules and regulations of the Securities and Exchange Commission (SEC), regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Therefore, these condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes included in our Annual Report on Form 10-K for the fiscal year ended January 31, 2024 filed with the SEC on March 27, 2024 (Annual Report). In management’s opinion, the accompanying unaudited condensed consolidated financial statements have been prepared on the same basis as the annual financial statements and reflect all adjustments, which reflect all normal recurring adjustments necessary to present fairly the results for the interim periods, but are not necessarily indicative of the results to be expected for the full year or any other future interim or annual period. Principles of Consolidation The condensed consolidated financial statements include the accounts of SentinelOne and our wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. Use of Estimates The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. These estimates are based on management’s knowledge about current events and expectations about actions we may undertake in the future. Actual results could differ from these estimates, and such differences could be material to our condensed consolidated financial statements. There have been no material changes in our use of estimates during the nine months ended October 31, 2024, as compared to the use of estimates disclosed in our Annual Report. Significant Accounting Policies There have been no material changes to our significant accounting policies as compared to the significant accounting policies described in our Annual Report. Recently Issued Accounting Pronouncement s Not Yet Adopted In November 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2023-07, Improvements to Reportable Segment Disclosures (Topic 280). This ASU updates reportable segment disclosure requirements by requiring disclosures of significant reportable segment expenses that are regularly provided to the CODM and included within each reported measure of a segment's profit or loss. This ASU also requires disclosure of the title and position of the individual identified as the CODM and an explanation of how the CODM uses the reported measures of a segment’s profit or loss in assessing segment performance and deciding how to allocate resources. The ASU is effective for annual periods beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Adoption of the ASU should be applied retrospectively to all prior periods presented in the financial statements. Early adoption is also permitted. This ASU will likely result in us including the additional required disclosures when adopted. We are currently evaluating the provisions of this ASU. In December 2023, the FASB issued ASU No. 2023-09, Improvements to Income Tax Disclosures (Topic 740). The ASU requires disaggregated information about a reporting entity’s effective tax rate reconciliation as well as additional information on income taxes paid. The ASU is effective on a prospective basis for annual periods beginning after December 15, 2024. Early adoption is also permitted for annual financial statements that have not yet been issued or made available for issuance. This ASU will result in the required additional disclosures being included in our consolidated financial statements, once adopted. In November 2024, the FASB issued ASU No. 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. This ASU requires additional disclosure in the notes to the financial statements of specified information about certain income statement line items. The ASU is effective for fiscal years beginning after December 15, 2026, and for interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted. The amendments should be applied either prospectively to financial statements issued for reporting periods after the effective date of this ASU or retrospectively to any or all prior periods presented in the financial statements. We are currently evaluating the provisions of this ASU. Segment and Geographic Information We have a single operating and reportable segment. Our chief operating decision maker (CODM) is our Chief Executive Officer. The CODM reviews financial information presented on a consolidated basis for the purposes of making operating decisions, allocating resources, and assessing financial performance. For information regarding our revenue by geography, see Note 3, Revenue and Contract Balances . Cash, Cash Equivalents, and Restricted Cash The following table provides a reconciliation of cash, cash equivalents, and restricted cash to the total of these amounts shown in the condensed consolidated statements of cash flows (in thousands): As of October 31, As of January 31, 2024 2024 Cash and cash equivalents $ 235,742 $ 256,651 Restricted cash, current 65,880 61,264 Restricted cash, non-current 3,362 4,171 $ 304,984 $ 322,086

REVENUE AND CONTRACT BALANCES

REVENUE AND CONTRACT BALANCES	9 Months Ended
	Oct. 31, 2024
Revenue from Contract with Customer [Abstract]
REVENUE AND CONTRACT BALANCES	REVENUE AND CONTRACT BALANCES Disaggregation of Revenue The following table summarizes revenue by geography based on the shipping address of end customers who have contracted to use our platform for the periods presented (in thousands, except percentages): Three Months Ended October 31, 2024 Three Months Ended October 31, 2023 Amount % of Revenue Amount % of Revenue United States $ 133,012 63 % $ 103,461 63 % International 77,636 37 60,704 37 Total $ 210,648 100 % $ 164,165 100 % Nine Months Ended October 31, 2024 Nine Months Ended October 31, 2023 Amount % of Revenue Amount % of Revenue United States $ 377,514 63 % $ 284,917 64 % International 218,426 37 162,062 36 Total $ 595,940 100 % $ 446,979 100 % No single country other than the United States represented 10% or more of our revenue during the three and nine months ended October 31, 2024 and 2023. Substantially all of our sales are fulfilled through our channel partners, including distributors, resellers, managed security service providers, and others. Contract Balances Contract assets consist of unbilled accounts receivable, which arise when a right to consideration for our performance under the customer contract occurs before invoicing the customer. The amount of unbilled accounts receivable included within accounts receivable, net on the condensed consolidated balance sheets was $7.1 million and $3.8 million as of October 31, 2024 and January 31, 2024, respectively. Contract liabilities consist of deferred revenue, which represents invoices billed in advance of performance under a contract. Deferred revenue is recognized as revenue over the contractual period. The deferred revenue balance was $498.0 million and $514.5 million as of October 31, 2024 and January 31, 2024, respectively. We recognized revenue of $165.0 million and $128.5 million during the three months ended October 31, 2024 and 2023, respectively, and $347.8 million and $259.3 million during the nine months ended October 31, 2024 and 2023, respectively, that was included in the corresponding contract liability balance at the beginning of the period. Remaining Performance Obligations Our contracts with customers typically range from one For consumption and usage-based agreements with non-cancelable commitments, remaining performance obligations are determined based on the ratable recognition of the remaining commitment over the remaining contract term. The amount and timing of revenue recognition are generally dependent on customers’ future consumption, which is inherently variable at the customers’ discretion. As of October 31, 2024, our remaining performance obligations were $969.7 million, of which we expect to recognize 87% as revenue over the next 24 months, with the remainder to be recognized thereafter.

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Oct. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
ACQUISITIONS	ACQUISITIONS PingSafe On February 1, 2024, we completed our acquisition of PingSafe Pte. Ltd. (PingSafe) to provide customers with a fully integrated platform that drives better automation across their entire cloud footprint. We acquired 100% of the shares of PingSafe for total consideration of approximately $59.2 million in cash and 2,354,607 shares of our Class A common stock. The acquisition was accounted for as a business combination in accordance with ASC Topic 805, Business Combinations (ASC Topic 805) . The purchase price of the acquisition amounted to $83.0 million, which was primarily allocated to intangible assets of $11.3 million and goodwill of $72.9 million. We had post-combination expense with a fair value of $46.9 million that was not included in the purchase price for the acquisition, which is comprised of 1,497,212 shares of restricted common stock with an aggregate fair value of $41.2 million, and 214,976 assumed options with an aggregate fair value of $5.7 million of post-combination expense and $0.2 million included in the purchase price. Restricted common stock and assumed options will be recognized as stock-based compensation expense. All post-combination expense is expected to be recognized through February 2028. Post-combination compensation expense is subject to adjustment based on continuing service obligations to us of certain stockholders of PingSafe. In connection with the acquisition of PingSafe, we also granted restricted stock units (RSUs) under our 2021 Equity Incentive Plan. For further details refer to Note 7, Stock-Based Compensation . The following table presents the preliminary allocation of purchase consideration recorded on our condensed consolidated balance sheet as of the acquisition date (in thousands): Amount Consideration: Cash $ 56,789 Common stock (2,354,607 shares) (1) 23,570 Assumed options 169 Holdback subject to indemnification claims 2,452 Fair value of total consideration transferred 82,980 Cash and cash equivalents $ 2,003 Accounts receivable 542 Prepaid expenses and other current assets 331 Intangible assets 11,300 Accrued payroll and benefits (2) Accrued liabilities (590) Deferred revenue (671) Other long-term liabilities (2,820) Total identifiable net assets and liabilities 10,093 Goodwill 72,887 Total purchase consideration $ 82,980 (1) Consideration calculated using the fair value of our Class A common stock. The fair value of the 2,354,607 shares of Class A common stock issued as part of the consideration paid for PingSafe was determined on the basis of the closing market price of our Class A common stock on the acquisition date. The excess of the purchase price over the fair value of net tangible and intangible assets acquired has been assigned to goodwill. Goodwill represents the future benefits resulting from the acquisition that will enhance the value of our platform for both new and existing customers and strengthen our competitive position. The following table sets forth the preliminary amounts allocated to the intangible assets identified as of the date of acquisition, their estimated useful lives, and the amortization classification in the condensed consolidated statements of operations: Fair Value Useful Life Amortization classification (in thousands) (in years) Customer relationships $ 2,700 7 Sales and marketing Developed technology 8,600 5 Cost of revenue Total intangible assets acquired $ 11,300 Stride On February 1, 2024, we acquired 100% of the issued and outstanding equity securities of Stride Security Ltd. (Stride), a security automation company, to add hyper-automation across our Singularity platform. The acquisition was accounted for as a business combination in accordance with ASC Topic 805. The purchase price of the acquisition amounted to $7.5 million, which was primarily allocated to developed technology of $0.4 million and goodwill of $7.3 million. Goodwill represents the future benefits as a result of the acquisition that will enhance our product available to both new and existing customers and increase our competitive position. Developed technology will be amortized to cost of revenue on a straight-line basis over the estimated useful life of five years. Additional Acquisition-related Information We incurred immaterial transaction expenses related to the PingSafe and Stride acquisitions during the three months ended October 31, 2024. During the nine months ended October 31, 2024, we incurred $2.7 million of transaction expenses related to the PingSafe and Stride acquisitions. The costs were recorded as general and administrative expenses in our condensed consolidated statements of operations. The estimates and assumptions regarding the fair value of certain tangible assets acquired and liabilities assumed, the valuation of intangible assets acquired, income taxes, and goodwill are preliminary and subject to change as we obtain additional information during the measurement period, which usually lasts for up to one year from the acquisition date. The goodwill acquired in both acquisitions are not tax deductible in local jurisdictions. The results of operations of PingSafe and Stride have been included in the condensed consolidated financial statements from the date of each acquisition and would not have had a material impact on our combined results of operations if the acquisitions had occurred on February 1, 2023. The pro forma impact of the PingSafe and Stride business combinations during the three and nine months ended October 31, 2024 was not material to our historical consolidated operating results and is therefore not presented, except for stock-based compensation expense related to restricted common stock issued in connection with the acquisition of PingSafe as disclosed in Note 7, Stock-Based Compensation . During the three and nine months ended October 31, 2024, we recorded $4.1 million and $12.1 million, respectively, of stock-based compensation expense related to the PingSafe acquisition. As of October 31, 2024 and January 31, 2024, we had outstanding acquisition-related liabilities of $66.4 million and $60.6 million, respectively, related to deferred purchase consideration which are presented as accrued liabilities and other liabilities in the condensed consolidated balance sheet. In November 2024, $62.3 million of such liabilities were paid out of our restricted cash balances classified under prepaid expenses and other current assets.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	9 Months Ended
	Oct. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	INTANGIBLE ASSETS Intangible assets, net consisted of the following (in thousands): As of October 31, As of January 31, 2024 2024 Developed technology $ 87,700 $ 78,700 Customer relationships 85,000 82,300 Backlog 11,100 11,100 Non-compete agreements 650 650 Trademarks 150 150 Patents 5,155 5,016 Total finite-lived intangible assets 189,755 177,916 Less: accumulated amortization (76,281) (55,268) Total finite-lived intangible assets, net $ 113,474 $ 122,648 Indefinite-lived intangible assets - domain names 255 255 Total intangible assets, net $ 113,729 $ 122,903 Amortization expense of intangible assets was $6.4 million and $7.2 million for the three months ended October 31, 2024 and 2023, respectively, and $20.8 million and $21.4 million for the nine months ended October 31, 2024 and 2023, respectively. As of October 31, 2024, estimated future amortization expense is as follows (in thousands): Fiscal Year Ending January 31, Remainder of 2025 $ 6,598 2026 26,176 2027 26,176 2028 16,416 2029 10,580 Thereafter 27,528 Total $ 113,474

CASH AND CASH EQUIVALENTS, INVE

CASH AND CASH EQUIVALENTS, INVESTMENTS, AND FAIR VALUE MEASUREMENTS	9 Months Ended
	Oct. 31, 2024
Fair Value Disclosures [Abstract]
CASH AND CASH EQUIVALENTS, INVESTMENTS, AND FAIR VALUE MEASUREMENTS	CASH AND CASH EQUIVALENTS, INVESTMENTS, AND FAIR VALUE MEASUREMENTS The following tables summarize information about our cash, cash equivalents, and investments by investment category as of October 31, 2024 and January 31, 2024 (in thousands): As of October 31, 2024 Fair Value Level Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Assets Cash and cash equivalents: Cash $ 86,320 $ — $ — $ 86,320 Money market funds Level 1 149,422 — — 149,422 Total cash and cash equivalents $ 235,742 $ — $ — $ 235,742 Short-term investments: U.S. Treasury securities Level 1 $ 102,526 $ 146 $ (1) $ 102,671 Corporate notes and bonds Level 2 207,437 441 (46) 207,832 U.S. agency securities Level 2 113,831 196 (13) 114,014 Total short-term investments $ 423,794 $ 783 $ (60) $ 424,517 Long-term investments: U.S. Treasury securities Level 1 $ 208,798 $ 1,107 $ (291) $ 209,614 Corporate notes and bonds Level 2 216,716 1,045 (373) 217,388 U.S. agency securities Level 2 13,457 4 (82) 13,379 Total long-term investments $ 438,971 $ 2,156 $ (746) $ 440,381 Total assets measured at fair value $ 1,098,507 $ 2,939 $ (806) $ 1,100,640 As of January 31, 2024 Fair Value Level Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Assets Cash and cash equivalents: Cash $ 43,925 $ — $ — $ 43,925 Money market funds Level 1 204,481 — — 204,481 Certificates of deposit Level 2 8,245 — — 8,245 Total cash and cash equivalents $ 256,651 $ — $ — $ 256,651 Short-term investments: U.S. Treasury securities Level 1 $ 234,776 $ — $ (1,053) $ 233,723 Corporate notes and bonds Level 2 279,248 12 (1,068) 278,192 U.S. agency securities Level 2 157,873 18 (501) 157,390 Total short-term investments $ 671,897 $ 30 $ (2,622) $ 669,305 Long-term investments: U.S. Treasury securities Level 1 $ 27,175 $ 121 $ — $ 27,296 Corporate notes and bonds Level 2 69,970 279 (67) 70,182 U.S. agency securities Level 2 90,924 303 (48) 91,179 Total long-term investments $ 188,069 $ 703 $ (115) $ 188,657 Total assets measured at fair value $ 1,116,617 $ 733 $ (2,737) $ 1,114,613 We invest in highly rated securities with a weighted average maturity of 18 months or less. As of October 31, 2024, all of our investments will mature within two years. There were no transfers between the levels of the fair value hierarchy during the three and nine months ended October 31, 2024 and 2023. As of October 31, 2024, we determined that the declines in the market value of our investment portfolio were not driven by credit-related factors. During the three and nine months ended October 31, 2024 and 2023, we did not recognize any losses on our investments due to credit-related factors. As of October 31, 2024, we had $0.1 million in continuous unrealized loss positions for more than twelve months on securities with a total fair value of $75.6 million. The tables above do not include the Company’s strategic investments in non-marketable debt and equity securities, recorded at cost, less any impairment, plus or minus observable price changes in orderly transactions for identical or similar investments of the same issuer and were $23.2 million and $16.1 million as of October 31, 2024 and January 31, 2024, respectively. Receivables related to strategic investments are classified as prepaid expenses and other current assets and other assets on the condensed consolidated balance sheet. As of October 31, 2024 and January 31, 2024, the balance of such receivables were $1.4 million and $1.1 million, respectively. During the three and nine months ended October 31, 2024, the Company incurred no impairment charges on its non-marketable strategic investments. During the three and nine months ended October 31, 2023, the Company recognized impairment charges on its non-marketable strategic investments of $0.8 million. During the three months ended October 31, 2024, the Company recognized no realized gains on its non-marketable strategic investments. During the nine months ended October 31, 2024, the Company recognized realized gains on its non-marketable strategic investments of $0.3 million. During the three and nine months ended October 31, 2023, the Company recognized realized gains on its non-marketable strategic investments of $1.5 million and $3.5 million, respectively. Impairment charges and realized gains on strategic investments are recognized in other income (expense), net.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	9 Months Ended
	Oct. 31, 2024
Share-Based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION Stock-Based Compensation Expense The components of stock-based compensation expense recognized in the condensed consolidated statements of operations consisted of the following (in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Cost of revenue $ 5,810 $ 4,329 $ 16,243 $ 12,570 Research and development 22,816 15,634 61,092 45,876 Sales and marketing 18,612 14,085 55,568 40,362 General and administrative 22,950 20,865 60,515 65,560 Restructuring — — — (1,060) Total $ 70,188 $ 54,913 $ 193,418 $ 163,308 Restricted Stock Units A summary of our RSU activity is as follows: Number of RSUs Weighted-Average Grant Date Fair Value Outstanding as of January 31, 2024 26,079,887 $ 20.29 Granted 14,045,749 23.43 Released (6,901,621) 21.29 Forfeited (4,107,934) 20.86 Outstanding as of October 31, 2024 29,116,081 $ 21.49 As of October 31, 2024, we had unrecognized stock-based compensation expense related to unvested RSUs of $563.8 million that is expected to be recognized on a straight-line basis over a weighted-average period of 2.8 years. Performance Stock Units In March 2024, we granted Performance Stock Units (PSUs) to certain executives subject to predetermined service-based and performance-based vesting conditions. These PSUs may vest from 0% to 225% of the number of target shares based on the achievement of certain financial performance metrics and will vest contingently over a period of one A summary of our PSU activity is as follows: Number of PSUs Weighted-Average Grant Date Fair Value Outstanding as of January 31, 2024 1,326,570 $ 15.97 Granted 256,675 22.25 Released (5,144) 23.07 Forfeited or cancelled (1,322,029) 15.94 Outstanding as of October 31, 2024 256,072 $ 22.27 As of October 31, 2024, we had unrecognized stock-based compensation expense related to unvested PSUs of $1.9 million that is expected to be recognized on a straight-line basis over a weighted-average period of 0.4 years. Stock Options A summary of our stock option activity is as follows: Number of Options Weighted-Average Exercise Price Outstanding as of January 31, 2024 21,159,850 $ 5.63 Assumed options from PingSafe acquisition 214,976 0.25 Exercised (5,671,299) 4.04 Forfeited (321,832) 8.25 Outstanding as of October 31, 2024 15,381,695 6.09 Vested and expected to vest as of October 31, 2024 15,381,695 6.09 Vested and exercisable as of October 31, 2024 12,091,725 $ 5.22 As of October 31, 2024, we had unrecognized stock-based compensation expense related to unvested options of $30.5 million that is expected to be recognized on a straight-line basis over a weighted-average period of 1.5 years. Milestone Options As of October 31, 2024, we had unvested milestone options to purchase 1,304,605 shares of Class B common stock subject to service-based, performance-based and market-based vesting conditions to our Chief Executive Officer under our 2013 Equity Incentive Plan. During the three months ended October 31, 2024, no stock-based compensation expense was recognized related to milestone options due to the cancellation of certain milestone options. During the nine months ended October 31, 2024, $1.8 million of stock-based compensation expense was recognized related to milestone options. During the three and nine months ended October 31, 2023, we recorded $0.9 million and $2.7 million, respectively, of stock-based compensation expense. As of October 31, 2024, we had unrecognized stock-based compensation expense related to the milestone options of $6.0 million that is expected to be recognized over the remaining implied service period of 1.8 years. Restricted Common Stock In connection with the acquisition of PingSafe, we issued 1,497,212 shares of restricted Class A common stock. We recorded stock-based compensation expense related to these restricted shares of $3.4 million and $10.2 million, respectively, during the three and nine months ended October 31, 2024. As of October 31, 2024, we had unrecognized stock-based compensation expense related to this unvested restricted common stock of $30.9 million that is expected to be recognized on a straight-line basis over a weighted-average period of 1.0 year. Employee Stock Purchase Plan We recognized stock-based compensation expense related to the Employee Stock Purchase Plan (ESPP) of $2.6 million and $6.3 million, respectively, during the three and nine months ended October 31, 2024. We recognized stock-based compensation expense of $3.2 million and $9.1 million, respectively, during the three and nine months ended October 31, 2023. Modifications During fiscal 2025 and 2024, certain members of our management team converted to non-employee consultants or to positions that no longer provide substantive service to the Company (Management Transitions). These Management Transitions have been accounted for as modifications, under which the exercise period of certain vested awards has been extended and a certain number of unvested awards will vest through the end of the agreements entered into in connection with the Management Transitions. During the three and nine months ended October 31, 2024, we recognized an incremental charge of $3.8 million and $4.1 million, respectively, related to the Management Transitions. During the three and nine months ended October 31, 2023, we recognized an incremental charge of $2.4 million and $6.4 million, respectively.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Oct. 31, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES We compute our tax provision for interim periods by applying the estimated annual effective tax rate to year-to-date income from continuing operations and adjusting for discrete items arising in that quarter. We had an effective tax rate of (2.0)% and (1.9)% for the three months ended October 31, 2024 and 2023, respectively, and (2.5)% and (1.5)% for the nine months ended October 31, 2024 and 2023, respectively. We have incurred U.S. operating losses and have profits or offsetting loss carryforwards in certain foreign jurisdictions.

NET LOSS PER SHARE ATTRIBUTABLE

NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS	9 Months Ended
	Oct. 31, 2024
Earnings Per Share [Abstract]
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS	NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS Basic and diluted net loss per share attributable to common stockholders is computed in conformity with the two-class method required for participating securities. Basic net loss per share is computed by dividing net loss attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by giving effect to all potentially dilutive common stock equivalents to the extent they are dilutive. For purposes of this calculation, stock options, restricted common stock, RSUs, PSUs, and shares purchased pursuant to our ESPP, and early exercised stock options are considered to be common stock equivalents but have been excluded from the calculation of diluted net loss per share attributable to common stockholders as their effect is anti-dilutive for all periods presented. The rights, including the liquidation and dividend rights, of the holders of Class A and Class B common stock are identical, except with respect to voting, conversion, and transfer rights. As the liquidation and dividend rights are identical, the undistributed earnings are allocated on a proportionate basis to each class of common stock and the resulting basic and diluted net loss per share attributable to common stockholders are, therefore, the same for both Class A and Class B common stock on both an individual and combined basis. Basic and diluted net loss per share attributable to common stockholders was as follows (in thousands, except share and per share data): Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Numerator: Net loss attributable to Class A and Class B common stockholders $ (78,364) $ (70,304) $ (217,653) $ (266,711) Denominator: Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic and diluted 316,987,303 296,650,848 312,583,956 292,755,742 Net loss per share attributable to Class A and Class B common stockholders, basic and diluted $ (0.25) $ (0.24) $ (0.70) $ (0.91) The following potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders because their inclusion would have been anti-dilutive: As of October 31, 2024 2023 RSUs and PSUs 29,848,997 27,032,325 Stock options 15,381,695 25,378,792 Restricted common stock 1,500,299 19,594 ESPP 962,831 774,853 Shares subject to repurchase — 26,264 Total 47,693,822 53,231,828

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Oct. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Legal Contingencies From time to time, we may be a party to various legal proceedings and subject to claims in the ordinary course of business. Securities Litigation On June 6, 2023, a securities class action was filed against us, our Chief Executive Officer and our former Chief Financial Officer, in the Northern District of California, captioned Johansson v. SentinelOne, Inc., Case No. 4:23-cv-02786. The suit is brought on behalf of an alleged class of stockholders who purchased or acquired shares of the Company’s Class A common stock between June 1, 2022 and June 1, 2023. The complaint alleged that defendants made false or misleading statements about our business, operations and prospects, including its annual recurring revenues and internal controls, and purports to assert claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended (Exchange Act). A substantially similar suit was filed on June 16, 2023 in the same court against the same defendants asserting the same claims, captioned Nyren v. SentinelOne, Inc., Case No. 4:23-cv-02982. On October 4, 2023, the court issued an order consolidating both cases under the caption In re SentinelOne, Inc. Securities Litigation Case No. 4:23-cv-02786 and appointing a lead plaintiff. Defendants filed a motion to dismiss the consolidated complaint. On July 2, 2024, the District Court granted defendants’ motion, dismissing the consolidated complaint with leave for plaintiff to amend the complaint. Plaintiff filed an amended complaint on August 1, 2024. Defendants filed a motion to dismiss the amended complaint on September 16, 2024. We believe the case is without merit and defendants intend to defend the suit vigorously. Derivative Litigation On January 10, 2024, Plaintiff Walter Stochevski, derivatively on behalf of SentinelOne, filed a shareholder derivative complaint against SentinelOne and certain of its current and former directors and officers in the United States District Court for the District of Delaware, which was subsequently transferred to the United States District Court for the Northern District of California. The complaint alleges claims based on events similar to those in the securities class action and asserts causes of action against the individual defendants for breach of fiduciary duty, aiding and abetting breach of fiduciary duty, unjust enrichment, waste of corporate assets, and for making false and misleading statements about our business, operations, and prospects in violation of Section 10(b) of the Exchange Act. This matter has been consolidated with Newman , below, under the caption In re SentinelOne, Inc. Stockholder Derivative Litigation, Case No. 4:24-cv-01934, and both matters are stayed. On March 29, 2024, Plaintiff Joel Newman, derivatively on behalf of SentinelOne, filed a shareholder derivative complaint against SentinelOne and certain of its current and former directors and officers in the United States District Court for the Northern District of California, alleging claims based on events similar to those in the securities class action and the Stochevski action, above, and asserting causes of action against the individual defendants for breach of fiduciary duty, unjust enrichment, and control person claims under Section 20(a) of the Exchange Act. This matter has been consolidated with Stochevski , above, under the caption In re SentinelOne, Inc. Stockholder Derivative Litigation, Case No. 4:24-cv-01934, and both matters are stayed. Fortis Litigation In September 2023, Fortis Advisors LLC (Fortis), in its capacity as the representative for the stockholders of Attivo, filed an action against the Company in Delaware Chancery Court asserting claims arising out of the Attivo Acquisition. The case is captioned Fortis Advisors LLC v. SentinelOne, Inc., Case No. 2023-0946-VLM. In June 2023, the Company sent a letter to Fortis seeking indemnification for certain claims, including for breaches by Attivo of its representations and warranties in the merger agreement. In its complaint, Fortis sought a declaratory judgment that the Company was not entitled to indemnification for the claims it had asserted, and that Fortis should recover the funds held in escrow. Fortis also alleged that the Company breached its representations and warranties in the merger agreement because its SEC filings allegedly contained materially false or misleading statements about the Company’s annualized recurring revenues. The Company believes Fortis’ claims were without merit. On November 3, 2023, the Company filed its answer to Fortis’ complaint. On the same day, the Company filed counterclaims against Fortis, in its capacity as the representative of the stockholders of Attivo, based on Attivo’s breach of several of its representations, warranties and covenants in the merger agreement. The Company’s counterclaims sought an order directing Fortis to comply with its contractual obligations to release funds set aside to indemnify the Company for its losses and any additional damages in excess of the indemnity fund. In November 2024, the action was voluntarily dismissed by both parties after a confidential settlement was reached. For additional information, see Note 4, Acquisitions - Additional Acquisition-related Information . We believe that there are no other pending or threatened legal proceedings that are likely to have a material adverse effect on our condensed consolidated financial statements. Warranties and Indemnification Our services are generally warranted to deliver and operate in a manner consistent with general industry standards that are reasonably applicable and materially conform with our documentation under normal use and circumstances. Our contracts generally include certain provisions for indemnifying customers against liabilities if our products or services infringe a third party’s intellectual property rights. We also offer a limited warranty to certain customers, subject to certain conditions, to cover certain costs incurred by the customer in case of a cybersecurity breach. We have a cybersecurity liability policy that may cover our customers’ actual damages. We have not incurred any material costs related to such obligations and have not accrued any liabilities related to such obligations in the condensed consolidated financial statements as of October 31, 2024 and January 31, 2024. In addition, we also indemnify certain of our directors and executive officers against certain liabilities that may arise while they are serving in good faith in their company capacities. We maintain director and officer liability insurance coverage that would generally enable us to recover a portion of any future amounts paid.

EMPLOYEE BENEFIT PLAN

EMPLOYEE BENEFIT PLAN	9 Months Ended
	Oct. 31, 2024
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLAN	EMPLOYEE BENEFIT PLAN Our U.S. employees participate in a 401(k) defined contribution plan sponsored by us. Contributions to the plan are discretionary. There were $0.3 million and $0.2 million, in matching contributions for the three months ended October 31, 2024 and 2023, respectively. There were $2.1 million and $2.0 million, matching contributions for the nine months ended October 31, 2024 and 2023, respectively. Israeli Severance Pay Israeli labor law generally requires payment of severance pay upon dismissal of an employee or upon termination of employment in certain other circumstances. Pursuant to Section 14 of the Severance Compensation Act, 1963 (Section 14), all of our employees in Israel are entitled to monthly deposits made in their name with insurance companies, at a rate of 8.33% of their monthly salary. These payments release us from any future severance payment obligation with respect to these employees; as such, any liability for severance pay due to these employees and the deposits under Section 14 are not recorded as an asset on our condensed consolidated balance sheets. We recorded severance expenses related to these employees of $0.8 million and $0.8 million, respectively, for the three months ended October 31, 2024 and 2023. We recorded severance expenses related to these employees of $2.5 million and $2.6 million, respectively, for the nine months ended October 31, 2024 and 2023.

RESTRUCTURING

RESTRUCTURING	9 Months Ended
	Oct. 31, 2024
Restructuring Charges [Abstract]
RESTRUCTURING	RESTRUCTURING In June 2023, we announced a restructuring plan (Plan) as a result of a review of current strategic priorities, resource allocation, and cost reduction intended to reduce operating costs, improve operating margins and continue advancing our ongoing commitment to profitable growth. The Plan includes a reduction of our workforce by approximately 5%, or approximately 100 full-time employees. We incurred approximately $5.0 million in charges in connection with the Plan in the nine months ended October 31, 2023, which consists of $5.4 million in charges related to severance payments and employee benefits, $0.7 million related to inventory write-offs, offset partially by $1.1 million in savings related to the reversal on stock-based compensation expense. The charges related to inventory write-offs are recognized as cost of sales and not restructuring operating expenses in our condensed consolidated statements of operations. These costs were paid as of October 31, 2024. The actions associated with the Plan are expected to be fully complete by the end of fiscal 2025, subject to finalizing the disposition of certain office space.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Pay vs Performance Disclosure
Net loss	$ (78,364)	$ (70,304)	$ (217,653)	$ (266,711)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Oct. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Oct. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP), and applicable rules and regulations of the Securities and Exchange Commission (SEC), regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Therefore, these condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes included in our Annual Report on Form 10-K for the fiscal year ended January 31, 2024 filed with the SEC on March 27, 2024 (Annual Report). In management’s opinion, the accompanying unaudited condensed consolidated financial statements have been prepared on the same basis as the annual financial statements and reflect all adjustments, which reflect all normal recurring adjustments necessary to present fairly the results for the interim periods, but are not necessarily indicative of the results to be expected for the full year or any other future interim or annual period.
Principles of Consolidation	Principles of Consolidation The condensed consolidated financial statements include the accounts of SentinelOne and our wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. These estimates are based on management’s knowledge about current events and expectations about actions we may undertake in the future. Actual results could differ from these estimates, and such differences could be material to our condensed consolidated financial statements. There have been no material changes in our use of estimates during the nine months ended October 31, 2024, as compared to the use of estimates disclosed in our Annual Report.
Recently Issued Accounting Pronouncements Not Yet Adopted	Recently Issued Accounting Pronouncement s Not Yet Adopted In November 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2023-07, Improvements to Reportable Segment Disclosures (Topic 280). This ASU updates reportable segment disclosure requirements by requiring disclosures of significant reportable segment expenses that are regularly provided to the CODM and included within each reported measure of a segment's profit or loss. This ASU also requires disclosure of the title and position of the individual identified as the CODM and an explanation of how the CODM uses the reported measures of a segment’s profit or loss in assessing segment performance and deciding how to allocate resources. The ASU is effective for annual periods beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Adoption of the ASU should be applied retrospectively to all prior periods presented in the financial statements. Early adoption is also permitted. This ASU will likely result in us including the additional required disclosures when adopted. We are currently evaluating the provisions of this ASU. In December 2023, the FASB issued ASU No. 2023-09, Improvements to Income Tax Disclosures (Topic 740). The ASU requires disaggregated information about a reporting entity’s effective tax rate reconciliation as well as additional information on income taxes paid. The ASU is effective on a prospective basis for annual periods beginning after December 15, 2024. Early adoption is also permitted for annual financial statements that have not yet been issued or made available for issuance. This ASU will result in the required additional disclosures being included in our consolidated financial statements, once adopted. In November 2024, the FASB issued ASU No. 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. This ASU requires additional disclosure in the notes to the financial statements of specified information about certain income statement line items. The ASU is effective for fiscal years beginning after December 15, 2026, and for interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted. The amendments should be applied either prospectively to financial statements issued for reporting periods after the effective date of this ASU or retrospectively to any or all prior periods presented in the financial statements. We are currently evaluating the provisions of this ASU.
Segment and Geographic Information	Segment and Geographic Information

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Oct. 31, 2024
Accounting Policies [Abstract]
Schedule of Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents, and restricted cash to the total of these amounts shown in the condensed consolidated statements of cash flows (in thousands): As of October 31, As of January 31, 2024 2024 Cash and cash equivalents $ 235,742 $ 256,651 Restricted cash, current 65,880 61,264 Restricted cash, non-current 3,362 4,171 $ 304,984 $ 322,086
Schedule of Restrictions on Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents, and restricted cash to the total of these amounts shown in the condensed consolidated statements of cash flows (in thousands): As of October 31, As of January 31, 2024 2024 Cash and cash equivalents $ 235,742 $ 256,651 Restricted cash, current 65,880 61,264 Restricted cash, non-current 3,362 4,171 $ 304,984 $ 322,086

REVENUE AND CONTRACT BALANCES (

REVENUE AND CONTRACT BALANCES (Tables)	9 Months Ended
	Oct. 31, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Revenue from External Customers by Geographic Areas	The following table summarizes revenue by geography based on the shipping address of end customers who have contracted to use our platform for the periods presented (in thousands, except percentages): Three Months Ended October 31, 2024 Three Months Ended October 31, 2023 Amount % of Revenue Amount % of Revenue United States $ 133,012 63 % $ 103,461 63 % International 77,636 37 60,704 37 Total $ 210,648 100 % $ 164,165 100 % Nine Months Ended October 31, 2024 Nine Months Ended October 31, 2023 Amount % of Revenue Amount % of Revenue United States $ 377,514 63 % $ 284,917 64 % International 218,426 37 162,062 36 Total $ 595,940 100 % $ 446,979 100 %

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	9 Months Ended
	Oct. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table presents the preliminary allocation of purchase consideration recorded on our condensed consolidated balance sheet as of the acquisition date (in thousands): Amount Consideration: Cash $ 56,789 Common stock (2,354,607 shares) (1) 23,570 Assumed options 169 Holdback subject to indemnification claims 2,452 Fair value of total consideration transferred 82,980 Cash and cash equivalents $ 2,003 Accounts receivable 542 Prepaid expenses and other current assets 331 Intangible assets 11,300 Accrued payroll and benefits (2) Accrued liabilities (590) Deferred revenue (671) Other long-term liabilities (2,820) Total identifiable net assets and liabilities 10,093 Goodwill 72,887 Total purchase consideration $ 82,980 (1) Consideration calculated using the fair value of our Class A common stock. The fair value of the 2,354,607 shares of Class A common stock issued as part of the consideration paid for PingSafe was determined on the basis of the closing market price of our Class A common stock on the acquisition date.
Schedule of Indefinite-Lived Intangible Assets	The following table sets forth the preliminary amounts allocated to the intangible assets identified as of the date of acquisition, their estimated useful lives, and the amortization classification in the condensed consolidated statements of operations: Fair Value Useful Life Amortization classification (in thousands) (in years) Customer relationships $ 2,700 7 Sales and marketing Developed technology 8,600 5 Cost of revenue Total intangible assets acquired $ 11,300

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	9 Months Ended
	Oct. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	Intangible assets, net consisted of the following (in thousands): As of October 31, As of January 31, 2024 2024 Developed technology $ 87,700 $ 78,700 Customer relationships 85,000 82,300 Backlog 11,100 11,100 Non-compete agreements 650 650 Trademarks 150 150 Patents 5,155 5,016 Total finite-lived intangible assets 189,755 177,916 Less: accumulated amortization (76,281) (55,268) Total finite-lived intangible assets, net $ 113,474 $ 122,648 Indefinite-lived intangible assets - domain names 255 255 Total intangible assets, net $ 113,729 $ 122,903
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	As of October 31, 2024, estimated future amortization expense is as follows (in thousands): Fiscal Year Ending January 31, Remainder of 2025 $ 6,598 2026 26,176 2027 26,176 2028 16,416 2029 10,580 Thereafter 27,528 Total $ 113,474

CASH AND CASH EQUIVALENTS, IN_2

CASH AND CASH EQUIVALENTS, INVESTMENTS, AND FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Oct. 31, 2024
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets Measured on Recurring Basis	The following tables summarize information about our cash, cash equivalents, and investments by investment category as of October 31, 2024 and January 31, 2024 (in thousands): As of October 31, 2024 Fair Value Level Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Assets Cash and cash equivalents: Cash $ 86,320 $ — $ — $ 86,320 Money market funds Level 1 149,422 — — 149,422 Total cash and cash equivalents $ 235,742 $ — $ — $ 235,742 Short-term investments: U.S. Treasury securities Level 1 $ 102,526 $ 146 $ (1) $ 102,671 Corporate notes and bonds Level 2 207,437 441 (46) 207,832 U.S. agency securities Level 2 113,831 196 (13) 114,014 Total short-term investments $ 423,794 $ 783 $ (60) $ 424,517 Long-term investments: U.S. Treasury securities Level 1 $ 208,798 $ 1,107 $ (291) $ 209,614 Corporate notes and bonds Level 2 216,716 1,045 (373) 217,388 U.S. agency securities Level 2 13,457 4 (82) 13,379 Total long-term investments $ 438,971 $ 2,156 $ (746) $ 440,381 Total assets measured at fair value $ 1,098,507 $ 2,939 $ (806) $ 1,100,640 As of January 31, 2024 Fair Value Level Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Assets Cash and cash equivalents: Cash $ 43,925 $ — $ — $ 43,925 Money market funds Level 1 204,481 — — 204,481 Certificates of deposit Level 2 8,245 — — 8,245 Total cash and cash equivalents $ 256,651 $ — $ — $ 256,651 Short-term investments: U.S. Treasury securities Level 1 $ 234,776 $ — $ (1,053) $ 233,723 Corporate notes and bonds Level 2 279,248 12 (1,068) 278,192 U.S. agency securities Level 2 157,873 18 (501) 157,390 Total short-term investments $ 671,897 $ 30 $ (2,622) $ 669,305 Long-term investments: U.S. Treasury securities Level 1 $ 27,175 $ 121 $ — $ 27,296 Corporate notes and bonds Level 2 69,970 279 (67) 70,182 U.S. agency securities Level 2 90,924 303 (48) 91,179 Total long-term investments $ 188,069 $ 703 $ (115) $ 188,657 Total assets measured at fair value $ 1,116,617 $ 733 $ (2,737) $ 1,114,613

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	9 Months Ended
	Oct. 31, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Components of Stock-based Compensation Expense	The components of stock-based compensation expense recognized in the condensed consolidated statements of operations consisted of the following (in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Cost of revenue $ 5,810 $ 4,329 $ 16,243 $ 12,570 Research and development 22,816 15,634 61,092 45,876 Sales and marketing 18,612 14,085 55,568 40,362 General and administrative 22,950 20,865 60,515 65,560 Restructuring — — — (1,060) Total $ 70,188 $ 54,913 $ 193,418 $ 163,308
Schedule of Nonvested Restricted Stock Shares Activity	A summary of our RSU activity is as follows: Number of RSUs Weighted-Average Grant Date Fair Value Outstanding as of January 31, 2024 26,079,887 $ 20.29 Granted 14,045,749 23.43 Released (6,901,621) 21.29 Forfeited (4,107,934) 20.86 Outstanding as of October 31, 2024 29,116,081 $ 21.49
Schedule of Share-Based Payment Arrangement, Performance Shares, Activity	A summary of our PSU activity is as follows: Number of PSUs Weighted-Average Grant Date Fair Value Outstanding as of January 31, 2024 1,326,570 $ 15.97 Granted 256,675 22.25 Released (5,144) 23.07 Forfeited or cancelled (1,322,029) 15.94 Outstanding as of October 31, 2024 256,072 $ 22.27
Schedule of Share-based Payment Arrangement, Option, Activity	A summary of our stock option activity is as follows: Number of Options Weighted-Average Exercise Price Outstanding as of January 31, 2024 21,159,850 $ 5.63 Assumed options from PingSafe acquisition 214,976 0.25 Exercised (5,671,299) 4.04 Forfeited (321,832) 8.25 Outstanding as of October 31, 2024 15,381,695 6.09 Vested and expected to vest as of October 31, 2024 15,381,695 6.09 Vested and exercisable as of October 31, 2024 12,091,725 $ 5.22

NET LOSS PER SHARE ATTRIBUTAB_2

NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS (Tables)	9 Months Ended
	Oct. 31, 2024
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	Basic and diluted net loss per share attributable to common stockholders was as follows (in thousands, except share and per share data): Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Numerator: Net loss attributable to Class A and Class B common stockholders $ (78,364) $ (70,304) $ (217,653) $ (266,711) Denominator: Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic and diluted 316,987,303 296,650,848 312,583,956 292,755,742 Net loss per share attributable to Class A and Class B common stockholders, basic and diluted $ (0.25) $ (0.24) $ (0.70) $ (0.91)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders because their inclusion would have been anti-dilutive: As of October 31, 2024 2023 RSUs and PSUs 29,848,997 27,032,325 Stock options 15,381,695 25,378,792 Restricted common stock 1,500,299 19,594 ESPP 962,831 774,853 Shares subject to repurchase — 26,264 Total 47,693,822 53,231,828

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Jan. 31, 2024	Oct. 31, 2023	Jan. 31, 2023
Accounting Policies [Abstract]
Cash and cash equivalents	$ 235,742	$ 256,651
Restricted cash, current	65,880	61,264
Restricted cash, non-current	3,362	4,171
Cash, cash equivalents, restricted cash and restricted cash equivalents	$ 304,984	$ 322,086	$ 191,557	$ 202,406

REVENUE AND CONTRACT BALANCES -

REVENUE AND CONTRACT BALANCES - Schedule of Revenue from External Customers by Geographic Areas (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Disaggregation of Revenue [Line Items]
Revenue	$ 210,648	$ 164,165	$ 595,940	$ 446,979
Revenue from Contract with Customer Benchmark | Geographic Concentration Risk
Disaggregation of Revenue [Line Items]
% of Revenue	100%	100%	100%	100%
United States
Disaggregation of Revenue [Line Items]
Revenue	$ 133,012	$ 103,461	$ 377,514	$ 284,917
United States | Revenue from Contract with Customer Benchmark | Geographic Concentration Risk
Disaggregation of Revenue [Line Items]
% of Revenue	63%	63%	63%	64%
International
Disaggregation of Revenue [Line Items]
Revenue	$ 77,636	$ 60,704	$ 218,426	$ 162,062
International | Revenue from Contract with Customer Benchmark | Geographic Concentration Risk
Disaggregation of Revenue [Line Items]
% of Revenue	37%	37%	37%	36%

REVENUE AND CONTRACT BALANCES_2

REVENUE AND CONTRACT BALANCES - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Jan. 31, 2024
Disaggregation of Revenue [Line Items]
Unbilled receivables, current	$ 7.1		$ 7.1		$ 3.8
Contract with customer, liability	498		498		$ 514.5
Contract with customer, liability, revenue recognized	165	$ 128.5	347.8	$ 259.3
Revenue, remaining performance obligation, amount	$ 969.7		$ 969.7
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-11-01
Disaggregation of Revenue [Line Items]
Revenue, remaining performance obligation, percentage	87%		87%
Revenue, remaining performance obligation, expected timing of satisfaction, period	24 months		24 months
Minimum
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, contract term			1 year
Maximum
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, contract term			3 years

ACQUISITIONS - PingSafe Narrati

ACQUISITIONS - PingSafe Narrative (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
	Feb. 01, 2024	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Jan. 31, 2024
Business Acquisition [Line Items]
Goodwill		$ 629,636		$ 629,636		$ 549,411
Share-based payment arrangement, expense		70,188	$ 54,913	193,418	$ 163,308
PingSafe Pte. Ltd.
Business Acquisition [Line Items]
Percentage of voting interests acquired	100%
Cash paid and holdback subject to indemnification claims	$ 59,200
Common stock (in shares)	2,354,607
Aggregate consideration transferred	$ 82,980
Intangible assets	11,300
Goodwill	72,887
Share-based payment arrangement, expense	$ 46,900	$ 4,100		$ 12,100
Assumed options from Attivo acquisition (in shares)	214,976
Assumed options from Attivo acquisition, fair value	$ 5,700
Assumed options	$ 169
PingSafe Pte. Ltd. | Restricted common stock
Business Acquisition [Line Items]
Restricted common stock acquired (in shares)	1,497,212
Share-based compensation arrangement by share-based payment award, equity instruments other than options, vested in period, fair value	$ 41,200

ACQUISITIONS - Schedule of Reco

ACQUISITIONS - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Feb. 01, 2024	Oct. 31, 2024	Jan. 31, 2024
Business Acquisition [Line Items]
Goodwill		$ 629,636	$ 549,411
PingSafe Pte. Ltd.
Business Acquisition [Line Items]
Cash	$ 56,789
Common stock (in shares)	2,354,607
Common stock	$ 23,570
Assumed options	169
Holdback subject to indemnification claims	2,452
Fair value of total consideration transferred	82,980
Cash and cash equivalents	2,003
Accounts receivable	542
Prepaid expenses and other current assets	331
Intangible assets	11,300
Accrued payroll and benefits	(2)
Accrued liabilities	(590)
Deferred revenue	(671)
Other long-term liabilities	(2,820)
Total identifiable net assets and liabilities	10,093
Goodwill	72,887
Total purchase consideration	$ 82,980

ACQUISITIONS - Schedule of Inde

ACQUISITIONS - Schedule of Indefinite-Lived Intangible Assets (Details) - PingSafe Pte. Ltd. $ in Thousands	Feb. 01, 2024 USD ($)
Business Acquisition [Line Items]
Fair Value	$ 11,300
Customer relationships
Business Acquisition [Line Items]
Fair Value	$ 2,700
Useful Life	7 years
Developed technology
Business Acquisition [Line Items]
Fair Value	$ 8,600
Useful Life	5 years

ACQUISITIONS - Stride Narrative

ACQUISITIONS - Stride Narrative (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
	Feb. 01, 2024	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Nov. 30, 2024	Jan. 31, 2024
Business Acquisition [Line Items]
Goodwill		$ 629,636		$ 629,636			$ 549,411
Share-based payment arrangement, expense		70,188	$ 54,913	193,418	$ 163,308
Short-term acquisition-related liabilities		122,518		122,518			104,671
Prepaid expenses and other current assets		105,857		105,857			102,895
Subsequent Event
Business Acquisition [Line Items]
Prepaid expenses and other current assets						$ 62,300
Acquisition-related Costs
Business Acquisition [Line Items]
Short-term acquisition-related liabilities		66,400		66,400			$ 60,600
Stride Security Ltd.
Business Acquisition [Line Items]
Percentage of voting interests acquired	100%
Cash	$ 7,500
Goodwill	7,300
Business acquisition, transaction costs		2,700		2,700
Stride Security Ltd. | Developed technology
Business Acquisition [Line Items]
Finite-lived intangible assets acquired	$ 400
Useful life	5 years
PingSafe Pte. Ltd.
Business Acquisition [Line Items]
Percentage of voting interests acquired	100%
Cash	$ 56,789
Finite-lived intangible assets acquired	11,300
Goodwill	72,887
Business acquisition, transaction costs		0		0
Share-based payment arrangement, expense	46,900	$ 4,100		$ 12,100
PingSafe Pte. Ltd. | Developed technology
Business Acquisition [Line Items]
Finite-lived intangible assets acquired	$ 8,600
Useful life	5 years

INTANGIBLE ASSETS - Schedule of

INTANGIBLE ASSETS - Schedule of Finite-Lived Intangible Assets (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Jan. 31, 2024
Acquired Finite-Lived Intangible Assets [Line Items]
Total finite-lived intangible assets	$ 189,755	$ 177,916
Less: accumulated amortization	(76,281)	(55,268)
Total finite-lived intangible assets, net	113,474	122,648
Indefinite-lived intangible assets - domain names	255	255
Intangible assets, net	113,729	122,903
Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Total finite-lived intangible assets	87,700	78,700
Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Total finite-lived intangible assets	85,000	82,300
Backlog
Acquired Finite-Lived Intangible Assets [Line Items]
Total finite-lived intangible assets	11,100	11,100
Non-compete agreements
Acquired Finite-Lived Intangible Assets [Line Items]
Total finite-lived intangible assets	650	650
Trademarks
Acquired Finite-Lived Intangible Assets [Line Items]
Total finite-lived intangible assets	150	150
Patents
Acquired Finite-Lived Intangible Assets [Line Items]
Total finite-lived intangible assets	$ 5,155	$ 5,016

INTANGIBLE ASSETS - Narrative (

INTANGIBLE ASSETS - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 6.4	$ 7.2	$ 20.8	$ 21.4

INTANGIBLE ASSETS - Schedule _2

INTANGIBLE ASSETS - Schedule of Finite-Lived Intangible Assets, Future Amortization Expense (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Jan. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2025	$ 6,598
2026	26,176
2027	26,176
2028	16,416
2029	10,580
Thereafter	27,528
Total finite-lived intangible assets, net	$ 113,474	$ 122,648

CASH AND CASH EQUIVALENTS, IN_3

CASH AND CASH EQUIVALENTS, INVESTMENTS, AND FAIR VALUE MEASUREMENTS - Schedule of Fair Value, Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Jan. 31, 2024
Cash and cash equivalents:
Amortized Cost	$ 235,742	$ 256,651
Short-term investments:
Amortized Cost	423,794	671,897
Gross Unrealized Gains	783	30
Gross Unrealized Losses	(60)	(2,622)
Estimated Fair Value	424,517	669,305
Long-term investments:
Amortized Cost	438,971	188,069
Gross Unrealized Gains	2,156	703
Gross Unrealized Losses	(746)	(115)
Estimated Fair Value	440,381	188,657
Total assets measured at fair value, Amortized Cost	1,098,507	1,116,617
Total assets measured at fair value, Gross Unrealized Gains	2,939	733
Total assets measured at fair value, Gross Unrealized Losses	(806)	(2,737)
Total assets measured at fair value, Estimated Fair Value	1,100,640	1,114,613
Cash
Cash and cash equivalents:
Amortized Cost	86,320
Gross Unrealized Gains	0
Gross Unrealized Losses	0
Estimated Fair Value	86,320
Total cash and cash equivalents
Cash and cash equivalents:
Amortized Cost	235,742	256,651
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	235,742	256,651
Level 1 | U.S. Treasury securities
Short-term investments:
Amortized Cost	102,526	234,776
Gross Unrealized Gains	146	0
Gross Unrealized Losses	(1)	(1,053)
Estimated Fair Value	102,671	233,723
Long-term investments:
Amortized Cost	208,798	27,175
Gross Unrealized Gains	1,107	121
Gross Unrealized Losses	(291)	0
Estimated Fair Value	209,614	27,296
Level 1 | Cash
Cash and cash equivalents:
Amortized Cost		43,925
Gross Unrealized Gains		0
Gross Unrealized Losses		0
Estimated Fair Value		43,925
Level 1 | Money market funds
Cash and cash equivalents:
Amortized Cost	149,422	204,481
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	149,422	204,481
Level 2 | Corporate notes and bonds
Short-term investments:
Amortized Cost	207,437	279,248
Gross Unrealized Gains	441	12
Gross Unrealized Losses	(46)	(1,068)
Estimated Fair Value	207,832	278,192
Long-term investments:
Amortized Cost	216,716	69,970
Gross Unrealized Gains	1,045	279
Gross Unrealized Losses	(373)	(67)
Estimated Fair Value	217,388	70,182
Level 2 | U.S. agency securities
Short-term investments:
Amortized Cost	113,831	157,873
Gross Unrealized Gains	196	18
Gross Unrealized Losses	(13)	(501)
Estimated Fair Value	114,014	157,390
Long-term investments:
Amortized Cost	13,457	90,924
Gross Unrealized Gains	4	303
Gross Unrealized Losses	(82)	(48)
Estimated Fair Value	$ 13,379	91,179
Level 2 | Certificates of deposit
Cash and cash equivalents:
Amortized Cost		8,245
Gross Unrealized Gains		0
Gross Unrealized Losses		0
Estimated Fair Value		$ 8,245

CASH AND CASH EQUIVALENTS, IN_4

CASH AND CASH EQUIVALENTS, INVESTMENTS, AND FAIR VALUE MEASUREMENTS - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Jan. 31, 2024
Fair Value Assets and Liabilities Measure On Recurring And Nonrecurring Basis [Line Items]
Investments, weighted average maturity			18 months
Investments, term			2 years
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer, accumulated loss	$ 100,000		$ 100,000
Debt securities, available-for-sale, continuous unrealized loss position, 12 months or longer	75,600,000		75,600,000
Debt and equity securities	438,971,000		438,971,000		$ 188,069,000
Strategic Investments
Fair Value Assets and Liabilities Measure On Recurring And Nonrecurring Basis [Line Items]
Unrealized gain (loss) on investments	0	$ 800,000	0	$ 800,000
Realized investment gains (losses)	0	$ 1,500,000	300,000	$ 3,500,000
Level 3 | Strategic Investments
Fair Value Assets and Liabilities Measure On Recurring And Nonrecurring Basis [Line Items]
Debt and equity securities	23,200,000		23,200,000		16,100,000
Receivables related to strategic investments	$ 1,400,000		$ 1,400,000		$ 1,100,000

STOCK-BASED COMPENSATION - Sche

STOCK-BASED COMPENSATION - Schedule of Components of Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based payment arrangement, expense	$ 70,188	$ 54,913	$ 193,418	$ 163,308
Cost of revenue
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based payment arrangement, expense	5,810	4,329	16,243	12,570
Research and development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based payment arrangement, expense	22,816	15,634	61,092	45,876
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based payment arrangement, expense	18,612	14,085	55,568	40,362
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based payment arrangement, expense	22,950	20,865	60,515	65,560
Restructuring
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based payment arrangement, expense	$ 0	$ 0	$ 0	$ (1,060)

STOCK-BASED COMPENSATION - Sc_2

STOCK-BASED COMPENSATION - Schedule of Nonvested Restricted Stock Shares Activity (Details) - Restricted Stock Units (RSUs)	9 Months Ended
	Oct. 31, 2024 $ / shares shares
Number of RSUs
Outstanding, beginning of period (in shares) | shares	26,079,887
Granted (in shares) | shares	14,045,749
Released (in shares) | shares	(6,901,621)
Forfeited (in shares) | shares	(4,107,934)
Outstanding, end of period (in shares) | shares	29,116,081
Weighted-Average Grant Date Fair Value
Outstanding, beginning of period (in USD per share) | $ / shares	$ 20.29
Granted (in USD per share) | $ / shares	23.43
Released (in USD per share) | $ / shares	21.29
Forfeited (in USD per share) | $ / shares	20.86
Outstanding, end of period (in USD per share) | $ / shares	$ 21.49

STOCK-BASED COMPENSATION - Rest

STOCK-BASED COMPENSATION - Restricted Stock Units, Performance Stock Units and Stock Options Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 70,188	$ 54,913	$ 193,418	$ 163,308
Cost not yet recognized, options, amount	30,500		30,500
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cost not yet recognized amount	563,800		$ 563,800
Cost not yet recognized, period for recognition			2 years 9 months 18 days
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cost not yet recognized amount	1,900		$ 1,900
Cost not yet recognized, period for recognition			4 months 24 days
Share-based payment arrangement, expense	$ 1,300		$ 2,900
Performance Shares | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage			0%
Award vesting period			1 year
Performance Shares | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage			225%
Award vesting period			4 years
Share-based Payment Arrangement, Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cost not yet recognized, period for recognition			1 year 6 months

STOCK-BASED COMPENSATION - Sc_3

STOCK-BASED COMPENSATION - Schedule of Share-Based Payment Arrangement, Performance Shares, Activity (Details) - Performance Shares	9 Months Ended
	Oct. 31, 2024 $ / shares shares
Number of PSUs
Outstanding, beginning of period (in shares) | shares	1,326,570
Granted (in shares) | shares	256,675
Released (in shares) | shares	(5,144)
Forfeited or cancelled (in shares) | shares	(1,322,029)
Outstanding, end of period (in shares) | shares	256,072
Weighted-Average Grant Date Fair Value
Outstanding, beginning of period (in USD per share) | $ / shares	$ 15.97
Granted (in USD per share) | $ / shares	22.25
Released (in USD per share) | $ / shares	23.07
Forfeited or cancelled (in USD per share) | $ / shares	15.94
Outstanding, end of period (in USD per share) | $ / shares	$ 22.27

STOCK-BASED COMPENSATION - Sc_4

STOCK-BASED COMPENSATION - Schedule of Share-based Payment Arrangement, Option, Activity (Details) - Stock options - $ / shares	9 Months Ended
	Oct. 31, 2024
Number of Options
Outstanding, beginning of period (in shares)	21,159,850
Assumed options from Attivo acquisition (in shares)	214,976
Exercised (in shares)	(5,671,299)
Forfeited (in shares)	(321,832)
Outstanding, end of period (in shares)	15,381,695
Expected to vest (in shares)	15,381,695
Vested and exercisable, Number (in shares)	12,091,725
Weighted-Average Exercise Price
Outstanding, beginning of period (in USD per share)	$ 5.63
Assumed options from Attivo acquisition (in USD per share)	0.25
Exercised (in USD per share)	4.04
Forfeited (in USD per share)	8.25
Outstanding, end of period (in USD per share)	6.09
Expected to vest (in USD per shares)	6.09
Vested and exercisable, Weighted average (in USD per share)	$ 5.22

STOCK-BASED COMPENSATION - Mile

STOCK-BASED COMPENSATION - Milestone Options Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 70,188	$ 54,913	$ 193,418	$ 163,308
Milestone Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)			1,304,605
Share-based payment arrangement, expense		$ 900	$ 1,800	$ 2,700
Cost not yet recognized, amount	$ 6,000		$ 6,000
Cost not yet recognized, period for recognition			1 year 9 months 18 days

STOCK-BASED COMPENSATION - Re_2

STOCK-BASED COMPENSATION - Restricted Common Stock Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 70,188	$ 54,913	$ 193,418	$ 163,308
PingSafe
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted (in shares)	1,497,212
Cost not yet recognized amount	$ 30,900		30,900
Restricted common stock | PingSafe
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 3,400		$ 10,200
Cost not yet recognized, period for recognition			1 year

STOCK-BASED COMPENSATION - Empl

STOCK-BASED COMPENSATION - Employee Stock Purchase Plan (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 70,188	$ 54,913	$ 193,418	$ 163,308
ESPP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 2,600	$ 3,200	$ 6,300	$ 9,100

STOCK-BASED COMPENSATION - Modi

STOCK-BASED COMPENSATION - Modification Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share based compensation expense	$ 3.8	$ 2.4	$ 4.1	$ 6.4
Restricted Stock Units (RSUs), Service-Based
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cost not yet recognized amount	$ 4.1		$ 4.1

INCOME TAXES (Details)

INCOME TAXES (Details)	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Income Tax Disclosure [Abstract]
Effective income tax rate reconciliation, percent	(2.00%)	(1.90%)	(2.50%)	(1.50%)

NET LOSS PER SHARE ATTRIBUTAB_3

NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Numerator:
Net loss attributable to Class A and Class B common stockholders	$ (78,364)	$ (70,304)	$ (217,653)	$ (266,711)
Denominator:
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic (in shares)	316,987,303	296,650,848	312,583,956	292,755,742
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, diluted (in shares)	316,987,303	296,650,848	312,583,956	292,755,742
Net loss per share attributable to Class A and Class B common stockholders, basic (in USD per share)	$ (0.25)	$ (0.24)	$ (0.70)	$ (0.91)
Net loss per share attributable to Class A and Class B common stockholders, diluted (in USD per share)	$ (0.25)	$ (0.24)	$ (0.70)	$ (0.91)

NET LOSS PER SHARE ATTRIBUTAB_4

NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	47,693,822	53,231,828
RSUs and PSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	29,848,997	27,032,325
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	15,381,695	25,378,792
Restricted common stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	1,500,299	19,594
ESPP
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	962,831	774,853
Shares subject to repurchase
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	0	26,264

EMPLOYEE BENEFIT PLAN (Details)

EMPLOYEE BENEFIT PLAN (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
Restructuring Cost and Reserve [Line Items]
Defined contribution plan, cost	$ 0.3	$ 0.2	$ 2.1	$ 2
ISRAEL
Restructuring Cost and Reserve [Line Items]
Severance costs	$ 0.8	$ 0.8	$ 2.5	$ 2.6

RESTRUCTURING (Details)

RESTRUCTURING (Details) $ in Thousands	1 Months Ended	3 Months Ended		9 Months Ended		20 Months Ended
	Jun. 30, 2023 employee	Oct. 31, 2024 USD ($)	Oct. 31, 2023 USD ($)	Oct. 31, 2024 USD ($)	Oct. 31, 2023 USD ($)	Jan. 31, 2025
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, expected number of positions eliminated | employee	100
Restructuring charges, including writeoffs					$ 5,000
Restructuring charges		$ 0	$ 74	$ 0	4,329
Employee Severance and Employee Benefits
Restructuring Cost and Reserve [Line Items]
Restructuring charges					5,400
Inventory Write-offs
Restructuring Cost and Reserve [Line Items]
Restructuring charges					700
Stock-Based Compensation
Restructuring Cost and Reserve [Line Items]
Restructuring charges					$ 1,100
Forecast
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, number of positions eliminated, period percent						5%