Track market-moving stories before they get noisy

Chief Financial Officer Sonalee Elizabeth Parekh executed a sale of 21,664 shares of Class A Common Stock in SentinelOne, Inc. (S +0.05%) on September 8, 2026, according to a recent SEC Form 4 filing.

Transaction summaryMetricValueTransaction value~$421,100Shares sold21,664Post-transaction shares (directly held)942,617Post-transaction value$18.3 millionTransaction value based on SEC Form 4 weighted average sale price ($19.44); post-transaction value based on September 8, 2026 market close ($19.43).

Key questionsWhat prompted this disposition of Class A Common Stock?
The transaction was executed automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 9, 2026. Such plans allow corporate insiders to schedule share sales in advance to meet portfolio diversification or liquidity needs while operating within SEC guidelines.What is the extent of Parekh's remaining equity interest?
Sonalee Parekh continues to hold a significant direct position of 942,617 shares in the cybersecurity firm. This remaining stake represents 0.2800% of the company and is valued at approximately $18.3 million based on the market close price on the transaction date.How has the company performed leading up to this filing?
At the time of the transaction on September 8, 2026, SentinelOne shares had delivered a one-year total return of 5%. The company operates in the software infrastructure industry and reported trailing twelve-month revenue of $1.1 billion.Were there any specific pricing mechanics noted in the filing?
The shares were sold in multiple transactions at prices ranging from $19.11 to $19.79. The reported $19.44 per share represents the weighted average execution price for the total volume disclosed in this filing.Company OverviewMetricValueShare Price (as of market close 2026-09-09)$19.44Market Capitalization$6.6 billionRevenue (TTM)$1.1 billionNet Income (TTM)-$340.1 millionCompany SnapshotSentinelOne provides comprehensive cybersecurity solutions through its Singularity XDR Platform, an Extended Detection and Response data stack that integrates endpoint protection, endpoint detection and response, cloud workload protection, and IoT security into a unified, AI-powered system.The company generates revenue through a subscription-based software model, delivering enterprise-grade security infrastructure that enables organizations to consolidate multiple security tools into a single platform.SentinelOne serves enterprise customers and mid-market organizations globally that require advanced threat detection, response capabilities, and cloud security solutions to protect their digital infrastructure.SentinelOne operates as a global cybersecurity infrastructure provider, positioning itself as a consolidator in the fragmented endpoint and cloud security market. The company's competitive advantage derives from its unified XDR platform architecture and AI-driven threat intelligence, which enables customers to reduce security tool sprawl while improving detection and response capabilities.

Despite current net losses, the company's substantial revenue scale and market cap of $6.6 billion reflect investor confidence in its platform consolidation strategy and addressable market opportunity in enterprise cybersecurity.

What this transaction means for investorsCFO Sonalee Parekh's Sept. 8 sale of SentinelOne stock follows a period where shares rose to a 52-week high of $23.95 in August before pulling back in September, resulting in about a 5% return over the trailing 12 months. The timing for her disposition was established as part of a pre-arranged Rule 10b5-1 plan, making this a non-discretionary transaction.

Given the sale represented only 2% of the CFO's direct equity holdings before to the filing, Parekh retains a sizable stake of 942,617 shares. This ensures her continued alignment with shareholder interests.

SentinelOne stock surged in August as Wall Street began to realize the rising importance of cybersecurity now that artificial intelligence agents are sophisticated enough to hack corporate defenses at unprecedented speed. As one of the early adopters of AI, SentinelOne's platform was built for this moment.

In September, the company announced an expansion of its use of OpenAI's frontier models to identify and address threats before they can be exploited. SentinelOne's sales rose 21% year over year to $292 million in its fiscal second quarter ended July 31, which demonstrates strong demand for the company's cybersecurity offerings.

Robert Izquierdo has positions in SentinelOne. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

SentinelLABS benchmarked GPT-5.6-Cyber as best in class on malware reverse engineering Summary

SentinelOne selected GPT-5.6-Cyber after its research arm found the model performed best on military-grade malware analysis.

SentinelOne Inc. S, the endpoint and cloud security vendor, expanded its Wayfinder Frontier AI Services on Thursday. The offerings now run on OpenAI Daybreak models, delivered through the Daybreak Defense Network, and the rollout starts with GPT-5.6-Cyber.

The first of two new capabilities scans customer code repositories. It looks for OWASP-class flaws, implants, exposed secrets and supply-chain risk. Findings get mapped to MITRE ATT&CK. SentinelOne said its own offensive-security analysts validate every verdict before it reaches the customer. Compromise assessment evaluates telemetry against detection rules to surface posture gaps, including risky use of VPNs, proxies and remote-management tools, with results ranked by real-world exploitability. Both lean on the same underlying malware analysis workflow.

The model selection follows benchmarking work by SentinelLABS, the company's research arm, which found GPT-5.6-Cyber performed best in class on reverse engineering and analysis of military-grade malware. "Attackers are increasingly using AI to find and exploit weaknesses," said Chief Customer Officer Steve Stone.

Disclosures I am/we currently own positions in the stocks mentioned, and have NO plans to sell some or all of the positions in the stocks mentioned over the next 72 hours.

Click for the complete disclosure

As we approach the end of 2026, the S&P 500 index is hovering near an all-time high. However, there are still some attractive opportunities on the table, even in the red-hot artificial intelligence (AI) space.

SentinelOne (S -6.33%) is a leading cybersecurity company that relies heavily on AI to deliver highly automated protection to its enterprise customers. Its stock has soared by 47% so far this year, but it's still much cheaper than its top competitors CrowdStrike and Palo Alto Networks.

Investors can scoop up a single share in SentinelOne for under $25. Here's why it could be a great addition to a diversified portfolio before this year is over.

Image source: The Motley Fool.

AI is transforming the threat landscape AI can be a powerful tool for enterprises, but it also broadens the attack surface for hackers. Every time a business deploys an AI chatbot or agent, it compromises the safety of its sensitive data and valuable digital assets, which is why businesses need state-of-the-art protection.

SentinelOne's Singularity platform is a holistic solution designed to secure endpoints (computers and devices), cloud networks, employee identities, AI applications, and more. It not only protects against breaches but also offers powerful remediation features to help enterprises restore their networks after a successful attack, minimizing downtime.

On the AI security front, SentinelOne has developed critical new tools, such as Prompt Security. It's designed to protect against new-age attacks like prompt injection, where hackers try to manipulate chatbots and agents into handing over sensitive data by disguising malicious commands as legitimate prompts. Prompt Security also inventories every chatbot and agent deployed by the enterprise, so it immediately knows if an unauthorized application is trying to orchestrate a breach.

Then there is Purple AI, an agentic assistant embedded into the Singularity platform. SentinelOne knows human analysis is no match for modern attack speed, so it designed Purple AI with advanced reasoning to autonomously investigate and take action when threats arise.

Premium Feature

Moneyball Superscore

79/100

Today's Change

(

-6.33

%) $

-1.40

Current Price

$

20.70

AI-related revenue is surging SentinelOne had $1.2 billion in annual recurring revenue (ARR) at the conclusion of its recent fiscal 2027 second quarter (ended July 31), an increase of 22% compared to the year-ago period. However, the company said the ARR attributable to AI products such as Purple AI and Prompt Security nearly tripled, so it's clear that enterprises are prioritizing this new-age protection.

Those results are impressive, given that SentinelOne reduced its marketing spending during the first half of fiscal 2027, a move that would typically hinder its growth potential. The company redirected those savings into research and development spending, which increased by 27% year over year as it aims to accelerate innovation.

Unfortunately, SentinelOne's overall increase in operating expenses led to a generally accepted accounting principles (GAAP) net loss of $169.5 million during the first half of fiscal 2027. But on a positive note, that was a 39% reduction from its loss in the year-ago period.

Plus, after excluding one-off and non-cash expenses like stock-based compensation, SentinelOne was actually profitable to the tune of $40.7 million. Revenue growth is important, but the company also needs to make money to build a self-sustaining business over the long term.

SentinelOne stock is cheap compared to its peers Based on SentinelOne's trailing 12-month revenue, its stock is trading at a price-to-sales (P/S) ratio of just 6.6, so it's drastically cheaper than its main rivals CrowdStrike and Palo Alto Networks, which have P/S ratios of 41.6 and 25.6, respectively.

CRWD PS Ratio data by YCharts

CrowdStrike reported over $5.8 billion in ARR at the end of its most recent quarter, which grew by 25% year over year. Therefore, not only is the company bringing in more money than SentinelOne, but it's also growing faster, so it absolutely deserves a premium valuation. However, I would argue the valuation gap is a little too wide, particularly given the blistering ARR growth in SentinelOne's AI products.

I'm not suggesting SentinelOne stock will ever trade at over 40 times sales, but I think there is certainly room for upside to its current valuation. Cybersecurity will only become more important as AI adoption ramps up, which is why the company values its addressable market at over $100 billion. It has barely scratched the surface of that opportunity, so now might be a great time for investors to add this stock to their portfolio.

New joint research from SentinelOne and Tenable finds that exposure data and runtime detection converge on the same vendor surfaces even as the specific vulnerabilities change

MOUNTAIN VIEW, Calif. & COLUMBIA, Md.--(BUSINESS WIRE)--SentinelOne® (NYSE: S), the AI security leader, and Tenable® Holdings, Inc. (NASDAQ: TENB), the exposure management company, today released joint research that suggests a growing disconnect between vulnerability discovery, disclosure and actual exploitation. The research draws on Tenable's exposure data across thousands of organizations and remediation telemetry with SentinelOne's endpoint and post-exploitation detection data. Together, both views produce a prioritized picture of where risk is concentrating, with lessons ripe for the Frontier AI era. The most critical takeaway: Both nation state and criminal threat actors are focusing on vendors and susceptible points in the attack surface more than specific CVEs.

Current attacker timelines are already moving faster than standard patch cycles can address. New frontier AI models compress vulnerability discovery from months to hours, significantly expanding potential risks while speeding the time for attackers to move from disclosure to exploit code in about a week. Today, the median organization takes five months to remediate known vulnerabilities.1 Closing that window takes more than speed, it takes knowing which product lines are more likely to carry the next wave of exploitation.

The research finds that exposure data and runtime detection converge on the same edge-device vendor surfaces 79% of the time, while they share only 21% overlap at the individual vulnerability level. Both state-sponsored actors and ransomware operators draw from the same small set of high-severity, actively exploited vulnerabilities. The surfaces are consistent and the actors are not. That distinction matters for how defenders prioritize; a pattern Tenable has termed the “Persistently Targeted Vendor.” This is the idea that a small set of vendor product lines, not individual CVEs, is the durable unit of risk over time.

Other key findings from the research include:

Twelve vulnerabilities in the dataset carry confirmed "multi-nexus" attribution — state-sponsored and ransomware operators independently exploiting the very same flaw across five distinct threat categories, including China, Russia, DPRK, Iran-nexus and criminal (financially motivated) actors.More than half (54%) of organizations running F5 products carry at least one exposed, actively exploited vulnerability, while Citrix customers post the slowest remediation of any vendor studied, at a median of 461 days — a concrete illustration of how specific product lines stay exposed long after a patch exists.Remediation complexity on high-priority vulnerabilities introduces a statistically significant 24-day gap, widening the window attackers have to operationalize an exploit — underscoring why patching speed alone isn't enough without attack surface minimization and endpoint protection working in tandem.“Speed alone is not enough. By the time a vulnerability hits a remediation queue, adversaries are already iterating the exploit,” said Steve Stone, Chief Customer Officer at SentinelOne. “Static signatures run on human timelines, the threat does not. Runtime behavioral detection has to match that cadence, flagging exploitation patterns as they emerge rather than after the fact.”

For security teams, the research reinforces the need to look beyond individual vulnerabilities and understand which technology surfaces attackers repeatedly target. Tenable’s exposure data shows where organizations are most exposed and where risk is concentrated, while SentinelOne’s runtime threat and DFIR data shows where and how attackers are operating in the wild. The convergence of these two independent perspectives gives defenders stronger evidence for prioritizing remediation, strengthening detection and reducing risk across persistently targeted technology surfaces.

“Attackers systematically target specific vendor ecosystems that could provide access. They aren’t obsessing over single vulnerabilities, and neither should defenders,” said Vlad Korsunsky, Chief Technology Officer, Tenable. “Our joint research confirms that attackers, big and small, target the same attack surfaces the majority of the time. This research underscores exposure management principles: seeing, prioritizing and fixing exposures that create real business risk. As attackers weaponize AI to breach defenses faster, organizations that embrace exposure management will win.”

The research is the latest collaboration in an expanding partnership between best-in-class AI-native CTEM and AI runtime detection and response companies, building on Tenable and SentinelOne's existing work together, including SentinelOne's participation as a founding member of Tenable's CyberAgents Exchange announced at Black Hat USA 2026. It's the latest step in a partnership that continues to deepen as both companies invest further in AI security. The full research is available at sentinelone.com and tenable.com.

1Tenable’s Key Takeaways from the Verizon DBIR (2026), May 19, 2026

About SentinelOne

SentinelOne (NYSE: S) is the leader in AI security, setting the standard for using AI and automation to give defenders a decisive operating advantage. Built for those who secure our world, its platform delivers unified coverage across endpoints, identity, cloud, and AI. Powered by Autonomous Security Intelligence, SentinelOne stops attacks at machine speed, reducing risk and delivering clarity and control to stay one step ahead. Headquartered in Mountain View, California with teams worldwide, SentinelOne protects nearly one-fifth of the Fortune 500 and hundreds of Global 2000 enterprises. From Main Street to Wall Street, the world's most critical organizations trust SentinelOne with their security.

About Tenable

Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for over 40,000 customers around the globe. Learn more at tenable.com.

This press release and the underlying research were jointly prepared and issued by SentinelOne, Inc. and Tenable Holdings, Inc. Each company is responsible for the data and findings it contributed. References to Tenable and its products, and to SentinelOne and its products, are made with the permission of the respective company.

Third-Party Disclaimer

Other than as expressly stated herein with respect to SentinelOne and Tenable, all third-party product names, logos, and brands mentioned in this publication are the property of their respective owners and are for identification purposes only. Use of these names, logos, and brands does not imply affiliation, endorsement, sponsorship, or association with the third party.

Forward-Looking Statements

The following applies to statements made by SentinelOne in this press release. This press release includes forward-looking statements, including, but not limited to, statements concerning the expected timing of product and feature availability, the benefits and capabilities of our current and future products and services, competition and our competitive position, our strategic plans, partnerships and objectives, and general market trends. Forward-looking statements are subject to risks and uncertainties, including factors beyond our control, that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. These and other risk factors are described in the "Risk Factors" section of our most recent Annual Report on Form 10-K, subsequently quarterly reports filed on Form 10-Q, and other filings made with the U.S. Securities and Exchange Commission (SEC), which are available free of charge on our website at http://investors.SentinelOne.com and on the SEC's website at www.sec.gov.

You are cautioned not to place undue reliance on these forward-looking statements. Any future products, functionality and services may be abandoned or delayed, and as such, you should make decisions to purchase products and services based on features that are currently available.

Any forward-looking statements made in this document are based on our beliefs and assumptions that we believe to be reasonable as of the date hereof. You should not rely upon forward-looking statements as predictions of future events. Except to the extent required by law, we undertake no obligation to update these forward-looking statements to reflect new information or future events.

CrowdStrike and Okta dropped results after Wednesday's close, and the shockwave landed hardest on the cybersecurity names the market had spent months punishing. The rotation playing out Thursday reveals something unusual about where sentiment repair actually goes.

A cybersecurity re-rating is sweeping through the group Thursday, with the money flowing hardest into the names the market had written off. First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR) is up 7% to $99.83. At the same time, Invesco QQQ Trust (NASDAQ:QQQ) is up 0.9% to $718.35, and that gap identifies the day as a sector event rather than a market event.

Zscaler (NASDAQ:ZS | ZS Price Prediction) stock is up 10% to $187.83 and leads the group. Zscaler shares were down 24% year to date through Wednesday’s close, making it the only featured name still negative on the year. SentinelOne (NYSE:S) stock is up 10% to $22.62, and SentinelOne shares were up 37% year to date through Wednesday’s close.

Meanwhile, Datadog (NASDAQ:DDOG) stock is up 6% to $241.53 as the observability name rides the software wave alongside the security cohort. Datadog shares were up 67% year to date through Wednesday’s close. Fortinet (NASDAQ:FTNT) stock is up 8% to $169.49, and Fortinet shares were up 98% year to date through Wednesday’s close, the smallest gainer today despite the broadest sector tailwind.

Read-Across From Wednesday’s Reports No company-specific news has been verified at Zscaler, SentinelOne, Datadog or Fortinet today. The catalyst is read-across from CrowdStrike Holdings (NASDAQ:CRWD) and Okta (NASDAQ:OKTA), both of which reported after Wednesday’s close and reset expectations for security software spending across the group. Readers can find the earnings detail in our coverage of the twin reports.

The order of returns tells the story. Zscaler is the only featured laggard on the year and it’s leading the group today, while Fortinet has nearly doubled year to date and is gaining least. That pattern is what sentiment repair looks like, with capital rotating into the skepticism trades rather than piling further into the extended winners.

Datadog Is the Odd Name Out Datadog operates in observability and monitoring rather than cybersecurity, so a security-spending read-across reaches it only indirectly, through the shared enterprise software budget that funds both categories. The move in Datadog stock says more about broad software sentiment than about any specific security demand signal from Wednesday’s reports.

Zscaler, SentinelOne and Fortinet are direct security plays and are moving on the read-across itself. Investors treating today as a rotation into cybersecurity should separate the direct security exposure from the software-sentiment tailwind lifting Datadog alongside the group. The two setups can decouple quickly once the next macro or earnings headline crosses.

What to Watch Traders can watch for whether Zscaler holds its double-digit gain into the close, since a laggard leading a group often reverses harder than peers when sentiment cools. The CIBR-versus-QQQ spread provides a clean read on whether this is a durable sector re-rating or a one-day squeeze on the shorts in the laggards.

Position sizing matters more than direction here. Investors adding cybersecurity exposure on today’s move may want to keep their positions modest until a second confirming report lands, given that Zscaler still carries a negative year to date figure through Wednesday’s close and Fortinet trades on rich year to date gains that leave less room for disappointment. Trimming your exposure in the extended winners while sizing new positions in the laggards is one way to align risk with where the sentiment repair is actually happening.

Contact [email protected] for any questions or corrections.

SentinelOne Inc (NYSE:S) reported financial results for the second quarter after the closing bell on Thursday. Here’s a rundown of the cybersecurity company’s report.

SentinelOne shares are trending. Where is S stock going? SentinelOne Q2 Key MetricsSentinelOne reported second-quarter revenue of $291.98 million, beating the consensus estimate of $290.25 million, according to Benzinga Pro. The company posted second-quarter adjusted earnings of eight cents per share, beating analyst estimates of seven cents per share.

Total revenue increased 21% year-over-year. Annualized recurring revenue (ARR) increased 22% year-over-year to approximately $1.22 billion as of July 31, and customers with ARR of $100,000 or more grew 13% to 1,715.

“Our Q2 performance demonstrates strong progress across every dimension of our business — a top-tier growth profile, accelerating platform adoption, and undisputed technology leadership for both AI for Security and Security for AI,” said Tomer Weingarten, CEO of SentinelOne.

The company exited the period with $813 million in cash, cash equivalents and investments.

Soft EPS Outlook Weighs On S StockSentinelOne expects third-quarter revenue of approximately $309 million to $311 million versus estimates of $309.44 million. The company anticipates adjusted earnings of eight cents to nine cents per share in the third quarter versus estimates of 11 cents per share.

The light earnings guidance appears to be pressuring shares after hours. SentinelOne also lowered its fiscal 2027 adjusted earnings outlook from a range of 32 to 38 cents per share to a new range of 30 to 32 cents per share, versus estimates of 35 cents per share.

The company sees full-year revenue of $1.205 billion to $1.207 billion, up from prior guidance of $1.195 billion to $1.205 billion. Analysts are looking for full-year revenue of $1.205 billion.

SentinelOne’s quarterly earnings call with investors and analysts is set for 4:30 p.m. ET.

S Shares Slide After The CloseS Price Action: SentinelOne shares were down 5.33% in after-hours, trading at $21.50 at the time of publication on Thursday, according to Benzinga Pro.

Read Next

Image: Shutterstock.com

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

SentinelOne, Inc. (S) Q2 2027 Earnings Call Transcript

SentinelOne Inc (NYSE:S) reported upbeat financial results for the second quarter, but lowered its FY27 adjusted EPS guidance.

SentinelOne reported second-quarter revenue of $291.98 million, beating the consensus estimate of $290.25 million, according to Benzinga Pro. The company posted second-quarter adjusted earnings of eight cents per share, beating analyst estimates of seven cents per share.

"Our Q2 performance demonstrates strong progress across every dimension of our business — a top-tier growth profile, accelerating platform adoption, and undisputed technology leadership for both AI for Security and Security for AI," said Tomer Weingarten, CEO of SentinelOne.

SentinelOne expects third-quarter revenue of approximately $309 million to $311 million versus estimates of $309.44 million. The company anticipates adjusted earnings of eight cents to nine cents per share in the third quarter versus estimates of 11 cents per share.

SentinelOne also lowered its fiscal 2027 adjusted earnings outlook from a range of 32 to 38 cents per share to a new range of 30 to 32 cents per share, versus estimates of 35 cents per share. The company sees full-year revenue of $1.205 billion to $1.207 billion, up from prior guidance of $1.195 billion to $1.205 billion. Analysts are looking for full-year revenue of $1.205 billion.

Trending

SentinelOne shares fell 2.3% to $22.20 in pre-market trading

These analysts made changes to their price targets on SentinelOne following earnings announcement.

Needham analyst Mike Cikos maintained the stock with a Buy and raised the price target from $20 to $26. Citizens analyst Rustam Kanga maintained the stock with a Market Outperform and raised the price target from $23 to $25. Considering buying S stock? Here’s what analysts think:

Photo via Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

Key Takeaways SentinelOne raised fiscal 2027 revenue guidance to $1.202B-$1.207B and operating income to $124M-$128M. S says ARR from Prompt Security and Purple AI tripled year over year as AI security demand accelerated. SentinelOne posted 21% revenue growth, 22% ARR growth and a record 10% non-GAAP operating margin. SentinelOne, Inc. (S - Free Report) used its second-quarter fiscal 2027 earnings call to emphasize accelerating AI security demand, platform adoption and better go-to-market efficiency. Management also raised its full-year revenue and operating income outlook.

The Q&A focused on whether emerging products can lift total ARR growth and whether margin expansion can continue alongside reinvestment.

S Builds AI Security Around Runtime ProtectionChief executive officer Tomer Weingarten positioned runtime protection as the core of SentinelOne’s AI strategy to monitor AI workloads and autonomous agents across endpoints and cloud infrastructure.

Weingarten said ARR from Prompt Security and Purple AI tripled year over year in the second quarter. He expects AI security to become the company’s next nine-figure ARR category.

Chief financial officer Sonalee Parekh said the biggest mix shift is occurring in data, AI and cloud. Data posted the fifth straight quarter of ARR growth acceleration, while cloud marked the third.

SentinelOne Raises Fiscal 2027 OutlookParekh raised fiscal 2027 revenue guidance to $1.202 billion to $1.207 billion and operating income guidance to $124 million to $128 million. The midpoint implies about 20% revenue growth and a roughly 10% operating margin.

Parekh guided fiscal 2027 non-GAAP EPS of $0.30 to $0.32. Third-quarter revenues are projected to be $309 million to $311 million, with operating income of $38 million to $40 million and EPS of $0.08 to $0.09.

She tied the higher revenue outlook to pipeline strength, platform adoption and improving retention, while noting that enterprise cybersecurity modernization unfolds over multiple quarters and years.

S Couples Growth With Operating LeverageRevenues rose 21% year over year to $292 million, beating the Zacks Consensus Estimate of $290 million. Non-GAAP EPS of $0.08 topped the Zacks Consensus Estimate of $0.07.

Parekh said ARR rose 22% to $1.218 billion and second-quarter net new ARR reached $56 million, up 4% year over year. The company also posted a record 10% non-GAAP operating margin.

Parekh highlighted more than 900 basis points of year-over-year improvement in sales and marketing expense as a percentage of revenue. RPO reached $1.7 billion and grew 45%.

SentinelOne Pushes Further UpmarketWeingarten said competitive win rates improved sequentially and year over year, with more seven- and eight-figure wins and record ARR per customer. He highlighted consolidation across endpoint, data, cloud and AI security.

Weingarten said SentinelOne Flex surpassed 10% of total ARR within a year of launch, supporting larger commitments and platform expansion.

A TD Cowen analyst asked why customers with at least $100,000 of ARR grew 13% while total ARR grew faster. Weingarten said larger deal sizes are lifting average revenue per customer even as customer additions moderate.

S Q&A Tests ARR Acceleration and ReinvestmentA Wolfe Research analyst challenged why management was not raising its net new ARR guardrail after a stronger first half. Parekh reiterated that full-year net new ARR should grow year over year and cited retention, pipeline and larger deals behind the higher revenue outlook.

A Morgan Stanley analyst asked how SentinelOne balances growth with margin expansion. Parekh said operating leverage in the platform model allows reinvestment in AI security, data, cloud and stronger sales execution.

An UBS analyst pressed on second-half spending. Parekh said margins should keep improving in the third and fourth quarters, though not at the first-half pace, because guidance includes room for reinvestment.

SentinelOne Leaves Q2 Focused on AI and EfficiencyWeingarten framed AI security as SentinelOne’s top strategic priority and said the company is directing more innovation, go-to-market resources and marketing toward that opportunity.

Parekh kept the financial message centered on durable growth and operating leverage. Management’s posture combines heavier AI investment with a higher revenue and operating income outlook.

S Rank and Style Scores Point to a Mixed SetupSentinelOne carries a Zacks Rank #3 (Hold). Its Growth Score of B and Momentum Score of B are favorable, while the Value Score of F and VGM Score of D are weaker, leaving the overall Style Score profile mixed.

Zacks Style Scores complement the Zacks Rank, with A and B scores preferred and the strongest combinations typically pairing those grades with a Zacks Rank #1 (Strong Buy) or #2 (Buy). A Rank #3 can still be held, but the Rank can change as analyst estimates are revised after the just-reported results. You can see the complete list of today’s Zacks #1 Rank stocks here.

SentinelOne, Inc. remains rated Hold as mixed execution tempers sector optimism and recent share gains. Q2 revenue grew 21% YoY, but large customer and ARR growth decelerated, highlighting execution challenges. Profitability improved with operating margin up ~8 points, yet gross margin contracted amid competitive pressures.

Key Takeaways SentinelOne expects Q2 revenues of $289-$291 million and adjusted EPS of 6-8 cents.AI, data and cloud security momentum is expected to support SentinelOne's Q2 growth.SentinelOne expects workforce optimization to generate about $45 million in annualized savings. SentinelOne (S - Free Report) is set to release second-quarter fiscal 2027 results on Aug. 27, 2026.

  The company expects fiscal second-quarter revenues in the range of $289-$291 million and adjusted earnings between 6 cents and 8 cents per share. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at $290.03 million, suggesting growth of 19.76% from the figure reported in the year-ago quarter.

The consensus mark for earnings has remained at 7 cents per share over the past 30 days, suggesting 75% growth from the figure reported in the year-ago quarter.

SentinelOne’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average earnings surprise of 47.50%.

Let us see how things are likely to have shaped up for this announcement.

Factors Likely to Impact S’ Q2 PerformanceSentinelOne’s second-quarter fiscal 2027 performance is expected to have benefited from sustained momentum across endpoint, artificial intelligence (AI), data and cloud security. In the fiscal first quarter, annual recurring revenues (ARR) increased 23% year over year, while net new ARR rose 55% to a record $44 million. Customers generating ARR of $100,000 or more increased 17% and ARR per customer reached a company record. Remaining performance obligations increased 30% to a record $1.5 billion. Continued new-logo additions, improving net retention, and multiproduct expansion are likely to have supported top-line growth in the second quarter of fiscal 2027.

The to-be-reported quarter’s results are likely to benefit from increasing adoption of SentinelOne’s AI-powered security portfolio. Prompt Security ARR nearly doubled in the fiscal first quarter, while Purple AI continued gaining traction through its autonomous investigation capabilities. The May launch of Singularity AI Red Teaming further broadened the company’s AI security offerings by helping customers identify vulnerabilities in AI applications before deployment. Prompt Security is also serving as an entry point for new customers and creating cross-selling opportunities across endpoint, cloud and AI SIEM solutions.

Another key driver for the fiscal second quarter is the accelerated adoption of SentinelOne’s non-endpoint solutions, particularly in data and cloud security. In the first quarter of fiscal 2027, non-endpoint ARR approached 50% of total ARR, driven by robust growth in AI SIEM and cloud runtime security. Customer wins, such as a major luxury brand replacing Splunk with SentinelOne’s AI SIEM and a large private company expanding its cloud security footprint, demonstrate the platform’s appeal. This diversification of revenue streams is expected to provide resilience and incremental growth in the second quarter of fiscal 2027.

SentinelOne’s profitability is likely to benefit from ongoing cost and productivity initiatives in the to-be-reported quarter. The company’s workforce optimization program is expected to generate approximately $45 million in annualized savings while allowing continued reinvestment in AI security, data and cloud. SentinelOne expects second-quarter fiscal 2027 operating income of $23-$25 million, implying an operating margin of about 8% at the midpoint.

However, macroeconomic and geopolitical uncertainties could have affected enterprise spending, deal timing, and sales cycles, while a growing mix of larger and more back-end-loaded transactions may have created some quarterly variability.

What Our Model Says About SPer the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the exact case here.

SentinelOne has an Earnings ESP of 0.00% and a Zacks Rank #3 at present. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.

Stocks to ConsiderHere are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases.

Amphenol (APH - Free Report) has an Earnings ESP of +1.06% and a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

 Amphenol shares have gained 13.8% in the year-to-date period. APH has a long-term earnings growth rate of 26.77%.

 Celestica (CLS - Free Report) has an Earnings ESP of +5.27% and a Zacks Rank #1 at present.

 Celestica shares have dropped 0.2% in the year-to-date period. CLS has a long-term earnings growth rate of 43.27%.

 Vertiv (VRT - Free Report) has an Earnings ESP of +0.06% and a Zacks Rank #2 at present.

 Vertiv shares have climbed 57.1% in the year-to-date period. VRT has a long-term earnings growth rate of 74.61%.

In the latest trading session, SentinelOne (S - Free Report) closed at $20.94, marking a -1.78% move from the previous day. This change lagged the S&P 500's daily loss of 0.87%. Elsewhere, the Dow lost 1.32%, while the tech-heavy Nasdaq lost 1%.

The cybersecurity provider's stock has climbed by 17.01% in the past month, exceeding the Computer and Technology sector's gain of 3.23% and the S&P 500's gain of 3.48%.

The investment community will be closely monitoring the performance of SentinelOne in its forthcoming earnings report. The company is scheduled to release its earnings on August 27, 2026. It is anticipated that the company will report an EPS of $0.07, marking a 75% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $290.03 million, up 19.76% from the year-ago period.

For the full year, the Zacks Consensus Estimates project earnings of $0.35 per share and a revenue of $1.2 billion, demonstrating changes of +75% and +19.86%, respectively, from the preceding year.

It is also important to note the recent changes to analyst estimates for SentinelOne. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.89% downward. SentinelOne is holding a Zacks Rank of #3 (Hold) right now.

Digging into valuation, SentinelOne currently has a Forward P/E ratio of 60.54. Its industry sports an average Forward P/E of 44.89, so one might conclude that SentinelOne is trading at a premium comparatively.

Investors should also note that S has a PEG ratio of 1.23 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. S's industry had an average PEG ratio of 3.02 as of yesterday's close.

The Security industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 24, putting it in the top 10% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

[url="]SentinelOneÂ[/url] (NYSE: S), the AI Security leader, today announced that Harvard computer scientist James Mickens, Luta Security founder Katie Moussou

TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) today provided an update on the court application brought by Kyma Capital Limited ("Kyma") seeking to compel a shareholder meeting by the end of September 2026. The Ontario Superior Court of Justice (Commercial List) advised that it could not compel such a meeting within the timeframe requested by Kyma. In an endorsement issued today, the Court addressed the press release issued by Kyma that s.

SentinelOne (S - Free Report) closed at $23.11 in the latest trading session, marking a -3.06% move from the prior day. This move lagged the S&P 500's daily loss of 0.17%. Meanwhile, the Dow lost 0.2%, and the Nasdaq, a tech-heavy index, lost 0.28%.

Heading into today, shares of the cybersecurity provider had gained 21.45% over the past month, outpacing the Computer and Technology sector's gain of 4.05% and the S&P 500's gain of 3.84%.

The investment community will be closely monitoring the performance of SentinelOne in its forthcoming earnings report. The company is scheduled to release its earnings on August 27, 2026. On that day, SentinelOne is projected to report earnings of $0.07 per share, which would represent year-over-year growth of 75%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $290.03 million, up 19.76% from the year-ago period.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.35 per share and a revenue of $1.2 billion, representing changes of +75% and +19.86%, respectively, from the prior year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for SentinelOne. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 0.83% fall in the Zacks Consensus EPS estimate. Right now, SentinelOne possesses a Zacks Rank of #3 (Hold).

In the context of valuation, SentinelOne is at present trading with a Forward P/E ratio of 67.56. This denotes a premium relative to the industry average Forward P/E of 48.59.

We can also see that S currently has a PEG ratio of 1.44. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. S's industry had an average PEG ratio of 2.81 as of yesterday's close.

The Security industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 24, finds itself in the top 10% echelons of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt”, the “Corporation”) (TSX: S) today reported its financial results for the three and six months ended June 30, 2026. All amounts are in Canadian dollars unless otherwise noted.

“The second quarter was marked by significant challenges and disruption,” said Peter Hancock, Interim President and Chief Executive Officer. “Against this backdrop, we remained focused on preserving liquidity, maintaining safety, maximizing fertilizer production, and advancing stakeholder engagement and strategic initiatives necessary to prepare for a restart of our critical minerals mining and refining operations subject to U.S. government approval. We are continuing to work with urgency and discipline to deliver a solution that supports the long-term stability and viability of our business.”

SECOND QUARTER 2026 SELECTED DEVELOPMENTS(1)

Operational update

On May 7, 2026, as a result of the Executive Order issued by the U.S. administration on May 1, 2026 expanding its sanctions against persons and companies conducting business in Cuba (the “Executive Order”), Sherritt suspended its direct participation in both its Moa and Energas joint venture activities in Cuba.

As a result of fuel supply disruptions in Cuba and challenges procuring other input commodities and supplies at the mine site, feed inventory at the refinery in Fort Saskatchewan, Alberta was depleted on June 22, 2026. Mining and processing operations at the mine ceased near the end of the quarter.

During the refinery downtime, the Corporation will complete necessary maintenance activities that do not require significant capital investment. The Corporation continues to produce fertilizers and sulphuric acid for sale.

Operational performance

Finished nickel and cobalt production at the Moa Joint Venture (“Moa JV”) was 1,319 tonnes and 135 tonnes, respectively, (Sherritt’s share(1)). Finished nickel and cobalt sales were 1,720 tonnes and 167 tonnes, respectively(1). Fertilizer sales were 52,328 tonnes(1) as Sherritt prioritized initiatives to maximize fertilizer production at Fort Site. Net direct cash cost (“NDCC”)(2) of US$7.31/lb was primarily impacted by the higher sulphur prices and significantly lower nickel production and sales volumes. Electricity production was 207 GWh. Production was not affected by fuel supply disruptions to Cuba as Energas processes domestically sourced raw natural gas to generate electricity. Electricity unit operating cost(2) was $13.36/MWh primarily reflecting lower maintenance costs and higher electricity production and sales. Financial performance

Net loss from continuing operations was $71.1 million, or $(0.10) per share. Adjusted net loss from continuing operations(2) was $24.8 million or $(0.04) per share which primarily excludes the $38.6 million loss from operations of Sherritt’s Oil and Gas division, primarily due to a $36.1 million contractually obligated environmental rehabilitation cost update on legacy assets in Spain in Q2 2026. In addition, the current year period excludes a $6.8 million non-cash net loss on revaluation of the GNC(3) receivable and Energas payable pursuant to the Cobalt Swap agreement(4). Adjusted net loss from continuing operations for Q2 2025 primarily excludes a $32.4 million gain on the Debt and Equity Transactions(5). Adjusted EBITDA(2) was $(2.0) million. Available liquidity in Canada as at June 30, 2026 was $80.1 million. Organizational updates

On April 7, 2026, the Corporation completed a non-brokered private placement of common shares, issuing approximately 207 million shares at $0.21 per share for total gross proceeds of $43.6 million. In April 2026, foreign currency payments from the Moa JV to Energas pursuant to the Moa Swap ceased as a result of reduced operations at the Moa JV which reduced the Moa JV’s cash available in major foreign currencies. Dividends from Energas to the Corporation in Canada ceased. On May 1, 2026, the Executive Order was issued by the U.S. administration expanding its sanctions against persons and companies conducting business in Cuba. Sherritt International Corporation, the legal entity, has not, nor has any of its officers or directors, been sanctioned following issuance of the Executive Order. On May 7, 2026 Sherritt announced: It suspended its direct participation in both its Moa and Energas joint venture activities in Cuba, and that it took steps to repatriate Sherritt’s expatriate employees on assignment in Cuba and requested that partners repatriate their expatriate personnel on assignment in Canada. Brian Imrie, Richard Moat and Brett Richards resigned from its board of directors (the “Board”). On May 13, 2026, Sherritt announced: Deloitte LLP resigned as the Corporation’s external auditor, effective May 12, 2026. The resignation was not the result of any disagreement between the Corporation and Deloitte on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure. Deloitte’s reports on the Corporation’s previously issued financial statements did not contain any adverse opinion or a disclaimer of opinion, and was not qualified or modified as to uncertainty, audit scope, or accounting principles. Sherritt commenced a request for proposal process for external audit services to identify a successor auditor. Yasmin Gabriel resigned as Chief Financial Officer. On May 14, 2026, Sherritt announced that pursuant to its application in the Ontario Superior Court of Justice, Commercial List, it was granted (i) an order under the Canada Business Corporations Act (the “CBCA”) permitting the Corporation’s Board to continue to act with two directors until no later than September 30, 2026, (ii) an order under the CBCA permitting the Corporation to continue to operate without an external auditor until no later than September 30, 2026, and (iii) an order extending the time for Sherritt to call its annual meeting of shareholders to not later than September 30, 2026. On May 15, 2026, Sherritt announced that in light of the May 1, 2026 Executive Order, it intended to invoke its dissolution rights under the Moa Shareholders’ Agreement and Energas Association Agreement and seek relief from the Alberta Court of King’s Bench to facilitate accelerated dissolution to the extent possible. The intended outcome was to allow Sherritt to most definitively address the Executive Order by eliminating Sherritt’s Cuban interests. Further, the separation from Cuba was intended to assist Sherritt in addressing issues that could arise from the Executive Order such as difficulties in obtaining an auditor or banking services. On May 19, 2026, following further and ongoing consultation with its advisors, stakeholders and relevant governmental authorities, and in light of additional information available to the Corporation, it would no longer proceed with the dissolution and disclaimer steps relating to its interests in Cuba and would not proceed with its application to the Alberta Court of King’s Bench. On May 20, 2026, Sherritt announced that it had entered into a non-binding term sheet with Gillon Capital, LLC (“Gillon Capital”) with respect to a proposed private placement of a common share purchase warrant (the “Warrant”), exercisable for up to that number of common shares of the Corporation such that, immediately upon exercise in full of the Warrant, Gillon Capital would own 55% of the common shares then issued and outstanding (the “Gillon Private Placement”). The Warrant will be exercisable at a price to be agreed by the parties for a period ending nine months from the closing date, subject to satisfaction of certain conditions precedent, including compliance with the Corporation’s existing contractual arrangements and debt agreements. Given the current circumstances of the Corporation, management expects that such exercise price will be at a discount to the closing price of the common shares on May 15, 2026. The Gillon Private Placement remains subject to the execution of definitive documentation and the transaction is expected to be subject to the satisfaction of customary conditions and the receipt of all required regulatory approvals, including approval of the Toronto Stock Exchange. In connection with the Gillon Private Placement, Sherritt engaged constructively with the United States Department of State, which confirmed that the Department of State and Department of Treasury do not object to Gillon Capital’s engagement in negotiations with the Corporation and, based on the information provided to date, do not consider such negotiations to be contrary to U.S. law. Any subsequent transaction will be subject to approval of the Department of State and Department of Treasury.
On June 15, 2026, Sherritt entered into an exclusivity agreement with Gillon Capital providing for a 120-day period of exclusive negotiations with respect to the non-binding term sheet regarding the Gillon Private Placement. The period of exclusivity was entered into to allow the parties to complete their respective due diligence reviews and negotiate a definitive agreement with respect to the Gillon Private Placement. On May 22, 2026, Sherritt announced that its principal regulator, the Ontario Securities Commission, issued a failure-to-file cease trade order (“FFCTO”) against the Corporation, effective May 21, 2026, as a result of the Corporation’s failure to file its first quarter 2026 interim financial statements, management’s discussion and analysis and related officer certifications (collectively, the “Q1 Filing“).by the filing deadline on May 15, 2026. The Corporation was unable to complete the filings as a result of operational and governance disruptions following the Executive Order. The Q1 Filing was made on June 25, 2026 and the FFCTO was revoked on July 9, 2026 with shares commencing trading on July 10, 2026. On June 3, 2026, Sherritt announced it had appointed Fitzroy Richardson as Interim Chief Financial Officer to provide experienced financial leadership as the Corporation works to complete its outstanding quarterly filings, an important step toward seeking a revocation of the FFCTO. Mr. Richardson is a seasoned finance executive with nearly 30 years of experience at Sherritt, where he has held a range of senior finance and treasury roles. On June 14, 2026, Sherritt appointed Tabrez Khan as an independent director, bringing deep M&A, financial and strategic advisory experience to the Board. Mr. Khan was nominated to the Board by Kyma Capital Opportunities Master Fund Limited (“Kyma”), pursuant to Kyma’s nomination right under the investor rights agreement dated as of April 22, 2025 between the Corporation and Kyma. Concurrent with Mr. Khan’s appointment to the Board, he was appointed to the audit committee of the Board (the “Audit Committee”). Following Mr. Khan’s appointment, the Audit Committee consists of Dr. Peter Hancock, Ms. Chih-Ting Lo, and Mr. Khan. As Dr. Hancock is the interim Chief Executive Officer of Sherritt, he is not considered independent under National Instrument 52-110 – Audit Committees (“NI 52-110”). Sherritt is relying on the temporary exemption provided in Section 3.5 of NI 52-110 for Dr. Hancock’s membership on the Audit Committee. Following Mr. Khan’s appointment, the Audit Committee is compliant with the requirements of NI 52-110 and the rules of the Toronto Stock Exchange. In respect of the Corporation’s Credit Facility: As a result of the issuance of the Executive Order, a material adverse change to the Corporation's business occurred which would give the administrative agent (on behalf of the lenders) the ability to call an event of default under the Credit Facility and demand repayment of all indebtedness currently owing thereunder. On May 31, 2026, the borrowing base of the Credit Facility was $76.3 million, which was below the then aggregate borrowings of $79.5 million including outstanding letters of credit. As a result of this deficiency, the lenders issued a notice of excess borrowing and required the Corporation to repay the difference of $3.2 million during the three months ended June 30, 2026. During the three months ended June 30, 2026, the Corporation was not in compliance with the EBITDA-to-Interest Expense covenant, as defined in the Credit Facility agreement. The Corporation does not have the ability to make further draws on the Credit Facility at this time. Refer to the Liquidity section of the Corporation’s Management’s Discussion and Analysis for the three and six months ended June 30, 2026 (“MD&A”) for further details. DEVELOPMENTS SUBSEQUENT TO THE QUARTER

Credit Facility update

On June 30, 2026, the borrowing base of the Credit Facility was $43.1 million, which was below the amount of the then aggregate borrowings of $76.3 million including outstanding letters of credit. As a result of this deficiency, the lenders issued a notice of excess borrowing and the Corporation repaid 50% of the June 30, 2026 borrowing base deficiency amounting to $16.6 million subsequent to period end in return for the lenders agreeing not to act on the Corporation’s default to pay the full amount of the deficiency. As of August 12, 2026, the administrative agent under the Credit Facility has not issued a notice of an event of default and no demand for repayment of the loan obligations has been made, other than the notices of excess borrowings noted above. Q2 2026 FINANCIAL HIGHLIGHTS

For the three months ended

  For the six months ended

$ millions, except per share amount

2026
June 30

2025
June 30

Change

2026
June 30

2025
June 30

Change

      Revenue

$

59.3

  $

43.7

36

%

  $

93.3

  $

82.1

14

%

Combined revenue(1)

132.1

  135.6

(3

%)

  238.7

  261.3

(9

%)

Loss from operations and joint venture

(52.7

)

  (19.4

)

(172

%)

  (64.8

)

  (51.2

)

(27

%)

Net (loss) earnings from continuing operations

(71.1

)

  10.4

(784

%)

  (80.3

)

  (30.2

)

(166

%)

Net (loss) earnings for the period

(71.1

)

  10.2

(797

%)

  (80.3

)

  (30.4

)

(164

%)

Adjusted EBITDA(1)

(2.0

)

  2.6

(177

%)

  5.6

  7.0

(20

%)

Adjusted loss from continuing operations(1)

(24.8

)

  (25.6

)

3

%

  (36.7

)

  (47.8

)

23

%

Net (loss) earnings from continuing operations ($ per share)

(0.10

)

  0.02

(600

%)

  (0.14

)

  (0.07

)

(100

%)

Adjusted loss from continuing operations ($ per share)(1)

(0.04

)

  (0.06

)

33

%

  (0.06

)

  (0.11

)

45

%

      Cash provided by continuing operations for operating activities

38.9

  5.6

595

%

  25.8

  6.6

291

%

Combined free cash flow(1)

35.0

  2.8

nm(2)

  30.3

  (3.8

)

897

%

Average exchange rate (CAD/US$)

1.384

  1.384

-

  1.378

  1.409

(2

%)

$ millions, as at

2026
June
30

2025
December
31

Change

  Cash and cash equivalents

  Canada

$

80.1

  $

13.4

498

%

Cuba(3)

119.8

  109.4

10

%

Other

3.9

  2.1

86

%

203.8

  124.9

63

%

  Loans and borrowings

323.2

  316.0

2

%

  The Corporation's share of cash and cash equivalents in the Moa Joint Venture, not included in the above balances:

$

5.4

  $

12.8

(58

%)

Cash and cash equivalents were $203.8 million as at June 30, 2026 compared to $123.6 million at March 31, 2026. As at June 30, 2026, total available liquidity in Canada was $80.1 million, composed of cash and cash equivalents in Canada. The Corporation did not have availability under its Credit Facility at the end of the quarter.

During the quarter, Sherritt received $42.5 million in net proceeds from the common share private placement completed on April 7, 2026.

As well during the three months ended June 30, 2026, the Corporation received $128.7 million of cash receipts for nickel, cobalt and fertilizer sales and other working capital items from the Moa JV in the Corporate and Other segment in response to the Executive Order and the Corporation’s suspension of its direct participation in joint venture activities in Cuba effective May 7, 2026 and is being used to fund working capital. The cash receipts are recognized as accounts payable to the Moa JV and included in trade accounts payable and accrued liabilities and settled through the incurrence of costs by the Corporation on behalf of the Moa JV’s Canadian operations.

See the Liquidity section of the MD&A for additional details on the Credit Facility and cash flows.

REVIEW OF OPERATIONS

Metals

For the three months ended

  For the six months ended

$ millions (Sherritt's share), except as otherwise noted

2026
June 30

  2025
June 30

Change

  2026
June 30

  2025
June 30

Change

      FINANCIAL HIGHLIGHTS(1)

      Revenue

$

117.5

  $

124.7

(6

%)

  $

211.3

  $

238.4

(11

%)

Cost of sales

130.8

  130.1

1

%

  232.5

  249.2

(7

%)

Loss from operations

(14.9

)

  (7.4

)

(101

%)

  (24.1

)

  (16.0

)

(51

%)

Adjusted EBITDA(2)

0.3

  7.8

(96

%)

  6.0

  13.3

(55

%)

      CASH FLOW(1)

      Cash (used) provided by continuing operations for operating activities(2)

$

(26.2

)

  $

20.0

(231

%)

  $

(27.9

)

  $

41.9

(167

%)

Free cash flow(2)

(28.0

)

  6.4

(538

%)

  (35.1

)

  17.8

(297

%)

      PRODUCTION VOLUMES (tonnes)

      Mixed sulphides ("MSP")(4)

934

  3,238

(71

%)

  2,745

  6,395

(57

%)

Finished nickel

1,319

  3,431

(62

%)

  3,204

  6,378

(50

%)

Finished cobalt

135

  389

(65

%)

  348

  712

(51

%)

Fertilizer

56,344

  65,207

(14

%)

  109,348

  121,027

(10

%)

      NICKEL RECOVERY(5) (%)

74

%

  83

%

(11

%)

  79

%

  84

%

(6

%)

      SALES VOLUMES (tonnes)

      Finished nickel

1,720

  3,256

(47

%)

  3,964

  6,695

(41

%)

Finished cobalt

167

  380

(56

%)

  370

  836

(56

%)

Fertilizer

52,328

  44,614

17

%

  79,700

  77,734

3

%

      AVERAGE-REFERENCE PRICE(6) (US$ per pound)

      Nickel

$

8.22

  $

6.88

19

%

  $

8.05

  $

6.97

15

%

Cobalt

26.50

  17.50

51

%

  26.24

  15.24

72

%

      AVERAGE-REALIZED PRICE(2) (CAD)

      Nickel ($ per pound)

$

11.27

  $

9.57

18

%

  $

10.93

  $

9.78

12

%

Cobalt ($ per pound)

34.51

  18.19

90

%

  33.54

  15.51

116

%

Fertilizer ($ per tonne)

701.78

  674.44

4

%

  630.62

  591.10

7

%

      UNIT OPERATING COST(2) (US$)

      Nickel - net direct cash cost (US$ per pound)

$

7.31

  $

5.27

39

%

  $

7.13

  $

5.64

26

%

      SPENDING ON CAPITAL(2)(CAD)

      Sustaining

      Moa JV (50% basis), Fort Site (100% basis)

$

-

  $

7.6

(100

%)

  $

0.7

  $

16.4

(96

%)

Moa JV - Tailings facility (50% basis)

1.8

  5.0

(64

%)

  6.5

  9.8

(34

%)

Growth - Moa JV (50% basis)

-

  2.3

(100

%)

  -

  4.0

(100

%)

$

1.8

  $

14.9

(88

%)

  $

7.2

  $

30.2

(76

%)

On May 7, 2026, Sherritt announced that it suspended its direct participation in both its Moa and Energas joint venture activities in Cuba in response to the Executive Order issued by the U.S. administration on May 1, 2026.

Revenue

Metals revenue was $117.5 million compared to $124.7 million in the prior year period.

Nickel revenue was $42.8 million compared to $68.6 million in the prior year period primarily due to lower nickel sales volume partly offset by higher average-realized price(1). Sales volume of 1,720 tonnes compared to 3,256 tonnes in the prior year period primarily as a result of lower finished production outlined below. The average-realized price(1) of nickel of $11.27/lb was 18% higher compared to the prior year period.

Cobalt revenue was $12.8 million compared to $15.2 million in the prior year period primarily due to lower sales volume partly offset by higher average-realized price(1). Sales volume was 167 tonnes compared to 380 tonnes in the prior year period primarily as a result of lower finished production outlined below. The average-realized price(1) of cobalt of $34.51/lb was 90% higher compared to the prior year period.

Fertilizer revenue was $36.8 million compared to $30.0 million in the prior year period primarily due to higher sales volume and average-realized price(1). Sales volume of 52,328 tonnes compared to 44,614 tonnes in the prior year period. The average-realized price(1) of fertilizers of $701.78/tonne was 4% higher compared to the prior year period. The Corporation continues to produce fertilizers and sulphuric acid for sale.

Other revenue includes 450 tonnes (50% basis) of mixed sulphides sales following Sherritt’s suspension of its direct participation in its joint venture activities in Cuba.

Production

As a result of fuel supply disruptions in Cuba and challenges procuring other input commodities and supplies at the mine site, only small quantities of mixed sulphides were produced during the quarter. Mixed sulphides production at the Moa JV was 934 tonnes compared to 3,238 tonnes in the prior year period. Mining and processing operations at the mine ceased near the end of the quarter.

At the refinery in Fort Saskatchewan, Alberta, metals production was maintained at reduced rates during the quarter until June 22, 2026 when the mixed sulphides inventory was depleted and metals refining activity stopped. Sherritt’s share of finished nickel and cobalt production was 1,319 tonnes and 135 tonnes, compared to 3,431 tonnes and 389 tonnes, respectively, in the prior year period.

Fertilizer production was 56,344 tonnes, compared to 65,207 tonnes in the prior year quarter. Fertilizer production was lower in the current year period primarily due to lower metals production. Sherritt expects to conduct a planned acid plant maintenance shutdown in the third quarter 2026.

NDCC(1)

NDCC(1) per pound of nickel sold was US$7.31/lb compared to US$5.27/lb in the prior year period. Higher NDCC(1), and its components, were, in part, impacted by significantly lower nickel sales volume compared to the prior year period.

Mining, processing and refining costs per pound of nickel sold (“MPR/lb”) was higher primarily as a result of higher input commodity prices and the impact of the higher allocation of fixed costs over the significantly lower nickel sales volume. Sulphur, diesel and natural gas prices were 78%, 59% and 27% higher, respectively, while fuel oil prices were 29% lower in the current year period compared to Q2 2025. The joint venture did not purchase additional sulphur during the quarter.

Cobalt by-product credits were higher primarily as a result of the higher average-realized price(1) of cobalt.

Fertilizer net by-product credits were higher primarily as a result of the impact of significantly lower nickel sales volume on marginally higher net contribution from fertilizer sales during the current year quarter compared to Q2 2025.

Spending on capital(1)

Sustaining spending on capital was nil compared to $7.6 million and spending on capital related to the tailings facility was $1.8 million compared to $5.0 million, respectively. Spending on capital was lower in the current year period as Metals deferred non-essential capital spending to manage liquidity and the impact of the Executive Order which limited the joint venture’s ability to procure or receive delivery of capital assets.

Power

For the three months ended

  For the six months ended

$ millions (33 ⅓% basis), except as otherwise noted

2026
June 30

  2025
June 30

Change

  2026
June 30

  2025
June 30

Change

      FINANCIAL HIGHLIGHTS

      Revenue

$

14.5

  $

10.6

37

%

  $

27.1

  $

22.0

23

%

Cost of sales

3.2

  5.0

(36

%)

  7.2

  11.9

(39

%)

Earnings from operations

9.8

  4.3

128

%

  17.2

  7.0

146

%

Adjusted EBITDA(1)

10.4

  5.0

108

%

  18.4

  8.4

119

%

      CASH FLOW

      Cash provided by continuing operations for operating activities(1)

$

22.8

  $

16.0

43

%

  $

35.7

  $

16.9

111

%

Free cash flow(1)

22.7

  15.2

49

%

  35.4

  16.0

121

%

      PRODUCTION AND SALES

      Electricity (GWh(2))

207

  176

18

%

  416

  346

20

%

      AVERAGE-REALIZED PRICE(1)

      Electricity ($/MWh(2))

$

52.58

  $

52.56

-

  $

52.35

  $

53.53

(2

%)

      UNIT OPERATING COSTS(1)

      Electricity ($/MWh)

$

13.36

  $

24.80

(46

%)

  $

15.09

  $

31.03

(51

%)

      SPENDING ON CAPITAL(1)

    Sustaining

$

0.1

  $

0.8

(88

%)

  $

0.3

  $

0.9

(67

%)

      On May 7, 2026, Sherritt announced that it suspended its direct participation in both its Moa and Energas joint venture activities in Cuba in response to the Executive Order issued by the U.S. administration on May 1, 2026.

Revenue

Revenue was $14.5 million compared to $10.6 million in the prior year period. primarily due to increased electricity production as discussed below.

Production

Production volume was 207 GWh compared to 176 GWh in the prior year period primarily as a result of lower maintenance activities in the current year period. Energas processes domestically sourced raw natural gas to generate electricity and has not been affected by fuel supply disruptions in Cuba.

Unit operating cost(1)

Unit operating cost(1) was $13.36/MWh compared to $24.80/MWh in the prior year period primarily as a result of lower maintenance costs. As a result of the discontinuation of the Moa Swap in April, the joint venture prioritized and deferred certain planned maintenance activities to preserve liquidity and access to foreign currencies.

Spending on capital(1)

Spending on capital(1) was $0.1 million.

Dividends from Energas

In April 2026, foreign currency payments from the Moa JV to Energas facilitated by the Moa Swap ceased as a result of reduced operations at the Moa JV which reduced the Moa JV’s cash available in major foreign currencies. Dividends from Energas to the Corporation in Canada ceased.

FINANCIAL STATEMENTS AND MANAGEMENT’S DISCUSSION AND ANALYSIS (“MD&A”)

Sherritt’s condensed consolidated financial statements and MD&A for the three and six months ended June 30, 2026 are available at www.sherritt.com or on SEDAR+ at www.sedarplus.ca. and should be read in conjunction with this news release. Financial and operating data can also be viewed in the investor relations section of Sherritt’s website.

NON-GAAP AND OTHER FINANCIAL MEASURES

Management uses the following non-GAAP and other financial measures in this press release and other documents: combined revenue, adjusted earnings before interest, taxes, depreciation and amortization (“adjusted EBITDA”), average-realized price, unit operating cost/net direct cash cost (NDCC), adjusted net earnings/loss from continuing operations, adjusted net earnings/loss from continuing operations per share, spending on capital, combined cash provided (used) by continuing operations for operating activities and combined free cash flow.

Management uses these measures to monitor the financial performance of the Corporation and its operating divisions and believes these measures enable investors and analysts to compare the Corporation’s financial performance with its competitors and/or evaluate the results of its underlying business. These measures are intended to provide additional information, not to replace IFRS® Accounting Standards (“IFRS”) measures, and do not have a standard definition under IFRS and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. As these measures do not have a standardized meaning, they may not be comparable to similar measures provided by other companies.

The non-GAAP and other financial measures are reconciled to their most directly comparable IFRS measures in the Appendix below.

ABOUT SHERRITT

Sherritt is a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt – metals deemed critical for the energy transition. Leveraging its technical expertise and decades of experience in critical minerals processing, Sherritt is committed to expanding domestic refining capacity and reducing reliance on foreign sources. The Corporation operates a strategically important refinery in Alberta, Canada, recognized as the only significant cobalt refinery and one of just three nickel refineries in North America.

Sherritt’s common shares are listed on the Toronto Stock Exchange under the symbol “S”.

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements. Forward-looking statements can generally be identified by the use of statements that include such words as “believe”, “expect”, “anticipate”, “intend”, “plan”, “forecast”, “likely”, “may”, “will”, “could”, “should”, “suspect”, “outlook”, “potential”, “projected”, “continue” or other similar words or phrases. Specifically, forward-looking statements in this document include, but are not limited to the reduction or cessation of mining operations at Moa; the timing and ability to secure necessary fuel and other input commodities and supplies in Cuba following the issuance of the Executive Order; the anticipated duration of the shut down at the Fort Saskatchewan refinery; the potential impact of fuel and other input commodity supply disruption on production levels; measures to preserve and maximize liquidity, including managing expenditures and exploring potential sources of temporary funding support; the timing of updated 2026 guidance and the resumption of full operations of the mine at Moa and refinery at Fort Saskatchewan; sales volumes; revenue, costs and earnings; the amount and timing of dividend distributions from the Moa JV, including in the form of finished cobalt or cash under the Cobalt Swap; the amount and timing of dividend distributions from Energas; growing shareholder value; sufficiency of working capital management and capital project funding; strengthening the Corporation’s capital structure; amounts of certain other commitments; the auditor request for proposal process; the appointment of a new external auditor; statements regarding the Gillon Private Placement, including the completion and timing thereof, the terms on which it may be completed and the receipt of all required approvals; the ability of the parties to complete their respective due diligence reviews and negotiate a definitive agreement during the period of exclusivity; the ability of the parties to resolve the legal, regulatory and commercial complexities identified through due diligence; the ongoing engagement with relevant governmental and regulatory authorities and other stakeholders in furtherance of the regulatory approvals and other matters required to complete the Gillon Private Placement.

Forward-looking statements are not based on historical facts, but rather on current expectations, assumptions and projections about future events, including commodity and product prices and demand; the level of liquidity and access to funding; share price volatility; nickel, cobalt and fertilizer production results; realized prices for production; earnings and revenues; risks related to the U.S. government policy toward Cuba, including impacts of the Executive Order; current and future economic conditions in Cuba; the level of liquidity and access to funding; global demand for electric vehicles and the anticipated corresponding demand for cobalt and nickel; revenues and net operating results; environmental risks and liabilities; compliance with applicable environmental laws and regulations; advancements in environmental and greenhouse gas (“GHG”) reduction technology; GHG emissions reduction goals and the anticipated timing of achieving such goals, if at all; statistics and metrics relating to Environmental, Social and Governance (“ESG”) matters which are based on assumptions or developing standards; environmental rehabilitation provisions; environmental risks and liabilities; compliance with applicable environmental laws and regulations; Sherritt share price volatility; and certain corporate objectives, goals and plans for 2026. By their nature, forward-looking statements require the Corporation to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that predictions, forecasts, conclusions or projections will not prove to be accurate, that the assumptions may not be correct and that actual results may differ materially from such predictions, forecasts, conclusions or projections.

The Corporation cautions readers of this press release not to place undue reliance on any forward-looking statement as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, risks related to Sherritt’s operations in Cuba; risks related to the U.S. government policy toward Cuba, including the Executive Order, U.S. embargo on Cuba and the Helms-Burton legislation, including litigation under Title III thereof; level of liquidity of Sherritt, including access to capital and financing; commodity risks related to the production and sale of nickel cobalt and fertilizers; the impact of global conflicts; changes in the global price for nickel, cobalt, fertilizers or certain other commodities; security market fluctuations and price volatility; the ability of the Moa Joint Venture to pay dividends; the risk to Sherritt’s entitlements to future distributions (including pursuant to the Cobalt Swap) from the Moa Joint Venture; risk of future non-compliance with debt restrictions and covenants; political, economic and other risks of foreign operations; uncertainty in the ability of the Corporation to enforce legal rights in foreign jurisdictions; uncertainty regarding the interpretation and/or application of the applicable laws in foreign jurisdictions; risks related to environmental liabilities including liability for reclamation costs, tailings facility failures and toxic gas releases; compliance with applicable environment, health and safety legislation and other associated matters; risks associated with governmental regulations regarding climate change and greenhouse gas emissions; risks relating to community relations; maintaining social license to grow and operate; uncertainty about the pace of technological advancements required in relation to achieving ESG targets; risks to information technologies systems and cybersecurity; risks associated with the operation of large projects generally; risks related to the accuracy of capital and operating cost estimates; the possibility of equipment and other failure; potential interruptions in transportation; identification and management of growth opportunities; the ability to replace depleted mineral reserves; risks associated with the Corporation’s joint venture partners; variability in production at Sherritt’s operations in Cuba; risks associated with mining, processing and refining activities; uncertainty of gas supply for electrical generation; reliance on key personnel and skilled workers; growth opportunity risks; uncertainty of resources and reserve estimates; the potential for shortages of equipment and supplies, including diesel; supplies quality issues; risks related to the Corporation’s corporate structure; foreign exchange and pricing risks; credit risks; competition in product markets; future market access; interest rate changes; risks in obtaining insurance; uncertainties in labour relations; legal contingencies; risks related to the Corporation’s accounting policies; uncertainty in the ability of the Corporation to obtain government permits; failure to comply with, or changes to, applicable government regulations; bribery and corruption risks, including failure to comply with the Corruption of Foreign Public Officials Act or applicable local anti-corruption law; the ability to accomplish corporate objectives, goals and plans for 2026; and the ability to meet other factors listed from time to time in the Corporation’s continuous disclosure documents.

The Corporation, together with its Moa Joint Venture is pursuing a range of growth and expansion opportunities, including without limitation, process technology solutions, development projects, commercial implementation opportunities, life of mine extension opportunities and the conversion of mineral resources to reserves. In addition to the risks noted above, factors that could, alone or in combination, prevent the Corporation from successfully achieving these opportunities may include, without limitation: identifying suitable commercialization and other partners; successfully advancing discussions and successfully concluding applicable agreements with external parties and/or partners; successfully attracting required financing; successfully developing and proving technology required for the potential opportunity; successfully overcoming technical and technological challenges; successful environmental assessment and stakeholder engagement; successfully obtaining intellectual property protection; successfully completing test work and engineering studies, prefeasibility and feasibility studies, piloting, scaling from small scale to large scale production, procurement, construction, commissioning, ramp-up to commercial scale production and completion; and securing regulatory and government approvals. There can be no assurance that any opportunity will be successful, commercially viable, completed on time or on budget, or will generate any meaningful revenues, savings or earnings, as the case may be, for the Corporation. In addition, the Corporation will incur costs in pursuing any particular opportunity, which may be significant.

Additional risks, uncertainties and other factors include, but are not limited to, the ability of the Corporation to achieve its financial goals; the ability of the Corporation to continue to realize its assets and discharge its liabilities and commitments; the Corporation’s future liquidity position, and access to capital, to fund ongoing operations and obligations (including debt obligations); the ability of the Corporation to stabilize its business and financial condition; the ability of the Corporation to implement and successfully achieve its business priorities; and the ability of the Corporation to comply with its contractual obligations, including without limitation, its obligations under debt arrangements. Readers are cautioned that the foregoing list of factors is not exhaustive and should be considered in conjunction with the risk factors described in the Corporation’s other documents filed with the Canadian securities authorities, including without limitation the “Managing Risk” section of the Management’s Discussion and Analysis for the three months and year ended December 31, 2025 and the Annual Information Form of the Corporation dated March 23, 2026 for the period ending December 31, 2025, which is available on SEDAR+ at www.sedarplus.ca.

The Corporation may, from time to time, make oral forward-looking statements. The Corporation advises that the above paragraph and the risk factors described in the MD&A and in the Corporation’s other documents filed with the Canadian securities authorities should be read for a description of certain factors that could cause the actual results of the Corporation to differ materially from those in the oral forward-looking statements. The forward-looking information and statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligation to update publicly or revise any oral or written forward-looking information or statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The forward-looking information and statements contained herein are expressly qualified in their entirety by this cautionary statement.

APPENDIX – NON-GAAP AND OTHER FINANCIAL MEASURES

Management uses the measures below to monitor the financial performance of the Corporation and its operating divisions and believes these measures enable investors and analysts to compare the Corporation’s financial performance with its competitors and/or evaluate the results of its underlying business. These measures are intended to provide additional information, not to replace IFRS Accounting Standards measures, and do not have a standard definition under IFRS Accounting Standards and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS Accounting Standards. As these measures do not have a standardized meaning, they may not be comparable to similar measures provided by other companies.

The non-GAAP and other financial measures are reconciled in the sections below to the most directly comparable IFRS Accounting Standards in the sections below.

Combined revenue

The Corporation uses combined revenue as a measure to help management assess the Corporation’s financial performance across its core operations. Combined revenue includes the Corporation’s consolidated revenue, less Oil and Gas revenue, and includes the revenue of the Moa JV within the Metals reportable segment on a 50% basis. Revenue of the Moa JV is included in share of earnings/loss of Moa Joint Venture, net of tax, as a result of the equity method of accounting and excluded from the Corporation’s consolidated revenue.

Revenue at Oil and Gas is excluded from Combined revenue as the segment is not currently exploring for or producing oil and gas and its revenue relate to ancillary drilling services, provided to a customer and agencies of the Government of Cuba, which is not reflective of the Corporation’s core operating activities or revenue generation potential.

Management uses this measure to reflect the Corporation’s economic interest in its operations prior to the application of equity accounting to help allocate financial resources and provide investors with information that it believes is useful in understanding the scope of Sherritt’s business, based on its economic interest, irrespective of the accounting treatment.

The table below reconciles combined revenue to revenue per the financial statements:

For the three months ended

  For the six months ended

2026

  2025

  2026

  2025

$ millions

June 30

June 30

Change

June 30

June 30

Change

      Revenue by reportable segment

      Metals(1)

$

117.5

  $

124.7

(6

%)

  $

211.3

  $

238.4

(11

%)

Power

14.5

  10.6

37

%

  27.1

  22.0

23

%

Corporate and Other

0.1

  0.3

(67

%)

  0.3

  0.9

(67

%)

Combined revenue

$

132.1

  $

135.6

(3

%)

  $

238.7

  $

261.3

(9

%)

Adjustment for Moa Joint Venture

(73.0

)

  (93.5

)

  (145.9

)

  (183.1

)

Adjustment for Oil and Gas

0.2

  1.6

(88

%)

  0.5

  3.9

(87

%)

Financial statement revenue

$

59.3

  $

43.7

36

%

  $

93.3

  $

82.1

14

%

Adjusted EBITDA

The Corporation defines Adjusted EBITDA as earnings/loss from operations and joint venture, which excludes net finance expense, income tax expense and loss from discontinued operations, net of tax, as reported in the financial statements for the period, adjusted for: depletion, depreciation and amortization; impairment losses and reversals on non-current non-financial assets and investments; and gains or losses on disposal of property, plant and equipment of the Corporation and the Moa JV. The exclusion of impairment losses and reversals eliminates the non-cash impact of the losses and reversals.

Earnings/loss from operations at Oil and Gas (net of depletion, depreciation and amortization and impairment, if applicable) is deducted from/added back to Adjusted EBITDA as the segment is not currently exploring for or producing oil and gas and its financial results relate to ancillary drilling services, provided to a customer and agencies of the Government of Cuba, and environmental rehabilitation costs for legacy assets, which are not reflective of the Corporation’s core operating activities or cash generation potential.

Management uses Adjusted EBITDA internally to evaluate the cash generation potential of Sherritt’s operating divisions on a combined and segment basis as an indicator of ability to fund working capital needs, meet covenant obligations, service debt and fund capital expenditures, as well as provide a level of comparability to similar entities. Management believes that Adjusted EBITDA provides useful information to investors in evaluating the Corporation’s operating results in the same manner as management and the Board of Directors.

The tables below reconcile loss from operations and joint venture per the financial statements to Adjusted EBITDA:

$ millions, for the three months ended June 30

        2026

Metals(1)

  Power

  Oil and
Gas

  Corporate
and
Other

  Adjustment
for Moa
Joint
Venture

  Total

          (Loss) earnings from operations and joint venture per financial statements

$

(14.9

)

  $

9.8

  $

(38.6

)

  $

(12.8

)

  $

3.8

  $

(52.7

)

Add (deduct):

          Depletion, depreciation and amortization

3.0

  0.6

  0.1

  0.1

  -

  3.8

Oil and Gas earnings from operations, net of depletion, depreciation and amortization

-

  -

  38.5

  -

  -

  38.5

Adjustments for share of loss of Moa Joint Venture:

          Depletion, depreciation and amortization

12.2

  -

  -

  -

  -

  12.2

Net finance income, net of elimination

-

  -

  -

  -

  (0.3

)

  (0.3

)

Income tax recovery

-

  -

  -

  -

  (3.5

)

  (3.5

)

Adjusted EBITDA

$

0.3

  $

10.4

  $

-

  $

(12.7

)

  $

-

  $

(2.0

)

$ millions, for the three months ended June 30

        2025

Metals(1)

  Power

  Oil and
Gas

  Corporate
and
Other

  Adjustment
for Moa
Joint
Venture

  Total

          (Loss) earnings from operations and joint venture per financial statements

$

(7.4

)

  $

4.3

  $

(0.3

)

  $

(10.3

)

  $

(5.7

)

  $

(19.4

)

Add (deduct):

          Depletion, depreciation and amortization

2.7

  0.7

  -

  0.1

  -

  3.5

Oil and Gas earnings from operations, net of depletion, depreciation and amortization

-

  -

  0.3

  -

  -

  0.3

Adjustments for share of loss of Moa Joint Venture:

          Depletion, depreciation and amortization

12.5

  -

  -

  -

  -

  12.5

Net finance expense, net of elimination

-

  -

  -

  -

  4.6

  4.6

Income tax expense

-

  -

  -

  -

  1.1

  1.1

Adjusted EBITDA

$

7.8

  $

5.0

  $

-

  $

(10.2

)

  $

-

  $

2.6

$ millions, for the six months ended June 30

        2026

Metals(2)

  Power

  Oil and
Gas

  Corporate
and
Other

  Adjustment
for Moa
Joint
Venture

  Total

          (Loss) earnings from operations and joint venture per financial statements

$

(24.1

)

  $

17.2

  $

(45.5

)

  $

(19.0

)

  $

6.6

  $

(64.8

)

Add (deduct):

          Depletion, depreciation and amortization

5.3

  1.2

  0.1

  0.2

  -

  6.8

Oil and Gas loss from operations, net of depletion, depreciation and amortization

-

  -

  45.4

  -

  -

  45.4

Adjustments for share of loss of Moa Joint Venture:

          Depletion, depreciation and amortization

24.8

  -

  -

  -

  -

  24.8

Net finance income, net of elimination

-

  -

  -

  -

  (0.7

)

  (0.7

)

Income tax recovery

-

  -

  -

  -

  (5.9

)

  (5.9

)

Adjusted EBITDA

$

6.0

  $

18.4

  $

-

  $

(18.8

)

  $

-

  $

5.6

$ millions, for the six months ended June 30

        2025

Metals(2)

  Power

  Oil and
Gas

  Corporate
and
Other

  Adjustment
for Moa
Joint
Venture

  Total

          (Loss) earnings from operations and joint venture per financial statements

$

(16.0

)

  $

7.0

  $

(19.0

)

  $

(15.1

)

  $

(8.1

)

  $

(51.2

)

Add (deduct):

          Depletion, depreciation and amortization

5.0

  1.4

  -

  0.4

  -

  6.8

Oil and Gas loss from operations, net of depletion, depreciation and amortization

-

  -

  19.0

  -

  -

  19.0

Adjustments for share of loss of Moa Joint Venture:

          Depletion, depreciation and amortization

24.3

  -

  -

  -

  -

  24.3

Net finance expense, net of elimination

-

  -

  -

  -

  6.2

  6.2

Income tax expense

-

  -

  -

  -

  1.9

  1.9

Adjusted EBITDA

$

13.3

  $

8.4

  $

-

  $

(14.7

)

  $

-

  $

7.0

Average-realized price

Average-realized price is generally calculated by dividing revenue by sales volume for the given product in a given segment. The average-realized price for power excludes frequency control, by-product and other revenue, as this revenue is not earned directly for power generation. Refer to the Power Review of operations section for further details on frequency control revenue, which Energas receives in compensation for lost sales of electricity as a result of frequency control.

Management uses this measure, and believes investors use this measure, to compare the relationship between the revenue per unit and direct costs on a per unit basis in each reporting period for nickel, cobalt, fertilizer and power and provide comparability with other similar external operations.

Average-realized price for fertilizer is the weighted-average realized price of ammonia and various ammonium sulphate products.

Average-realized price for nickel and cobalt are expressed in Canadian dollars per pound sold, while fertilizer is expressed in Canadian dollars per tonne sold and electricity is expressed in Canadian dollars per megawatt hour sold.

The tables below reconcile revenue per the financial statements to average-realized price:

            $ millions, except average-realized price and sales volume, for the three months ended June 30

        2026

Metals

        Nickel

Cobalt

Fertilizer

Power

Other(1)

Adjustment
for Moa Joint
Venture

Total

            Revenue per financial statements

$

42.8

  $

12.8

  $

36.8

  $

14.5

  $

25.4

  $

(73.0

)

  $

59.3

Adjustments to revenue:

            Frequency control, by-product and other revenue

-

  -

  -

  (3.7

)

      Revenue for purposes of average-realized price calculation

42.8

  12.8

  36.8

  10.8

                  Sales volume for the period

3.8

  0.4

  52.3

  207

      Volume units

Millions of
pounds

Millions of
pounds

Thousands
of tonnes

Gigawatt
hours

      Average-realized price(2)(3)(4)

$

11.27

  $

34.51

  $

701.78

  $

52.58

      $ millions, except average-realized price and sales volume, for the three months ended June 30

        2025

Metals

        Nickel

Cobalt

Fertilizer

Power

Other(1)

Adjustment
for Moa Joint
Venture

Total

            Revenue per financial statements

$

68.6

  $

15.2

  $

30.0

  $

10.6

  $

12.8

  $

(93.5

)

  $

43.7

Adjustments to revenue:

            Frequency control, by-product and other revenue

-

  -

  -

  (1.4

)

      Revenue for purposes of average-realized price calculation

68.6

  15.2

  30.0

  9.2

                  Sales volume for the period

7.2

  0.8

  44.6

  176

      Volume units

Millions of
pounds

Millions of
pounds

Thousands
of tonnes

Gigawatt
hours

      Average-realized price(2)(3)(4)

$

9.57

  $

18.19

  $

674.44

  $

52.56

      $ millions, except average-realized price and sales volume, for the six months ended June 30

        2026

Metals

        Nickel

  Cobalt

  Fertilizer

  Power

  Other(1)

  Adjustment
for Moa Joint
Venture

  Total

            Revenue per financial statements

$

95.6

  $

27.4

  $

50.3

  $

27.1

  $

38.8

  $

(145.9

)

  $

93.3

Adjustments to revenue:

            Frequency control, by-product and other revenue

-

  -

  -

  (5.3

)

      Revenue for purposes of average-realized price calculation

95.6

  27.4

  50.3

  21.8

                  Sales volume for the period

8.7

  0.8

  79.7

  416

      Volume units

Millions of
pounds

Millions of
pounds

Thousands
of tonnes

Gigawatt
hours

      Average-realized price(2)(3)(4)

$

10.93

  $

33.54

  $

630.62

  $

52.35

      $ millions, except average-realized price and sales volume, for the six months ended June 30

        2025

Metals

        Nickel

  Cobalt

  Fertilizer

  Power

  Other(1)

  Adjustment
for Moa Joint
Venture

  Total

            Revenue per financial statements

$

144.3

  $

28.6

  $

45.9

  $

22.0

  $

24.4

  $

(183.1

)

  $

82.1

Adjustments to revenue:

            Frequency control, by-product and other revenue

-

  -

  -

  (3.5

)

      Revenue for purposes of average-realized price calculation

144.3

  28.6

  45.9

  18.5

                  Sales volume for the period

14.8

  2.0

  77.7

  346

      Volume units

Millions of
pounds

  Millions of
pounds

  Thousands
of tonnes

  Gigawatt
hours

      Average-realized price(2)(3)(4)

$

9.78

  $

15.51

  $

591.10

  $

53.53

      Unit operating cost/Net direct cash cost

With the exception of Metals, which uses NDCC, unit operating cost is generally calculated by dividing cost of sales as reported in the financial statements, less depreciation, depletion and amortization in cost of sales, the impact of impairment losses and reversals, gains and losses on disposal of property, plant, and equipment and exploration and evaluation assets and certain other non-production related costs, by the number of units sold.

Metals’ NDCC is calculated by dividing cost of sales, as reported in the financial statements, adjusted for the following: depreciation, depletion, amortization and impairment losses and reversals in cost of sales; cobalt by-product, fertilizer by-product and other revenue; cobalt gain/loss pursuant to the Cobalt Swap; realized gain/loss on natural gas swaps; royalties/territorial contributions; and other costs primarily related to the impact of opening and closing inventory values, by the number of finished nickel pounds sold in the period.

Unit operating costs for nickel and electricity are key measures that management and investors uses to monitor cost performance. NDCC of nickel is a widely-used performance measure for nickel producers which represents the direct cash cost associated with the mining, processing, refining and sale of finished nickel, net of by-product credits. Management uses unit operating cost/NDCC to assess how well the Corporation’s producing mine and power facilities are performing and to assess overall production efficiency and effectiveness internally across periods and compared to its competitors.

Unit operating cost (NDCC) for nickel is expressed in U.S. dollars per pound sold, while unit operating cost for electricity is expressed in Canadian dollars per megawatt hour sold.

The tables below reconcile cost of sales per the financial statements to unit operating cost/NDCC:

        $ millions, except unit cost and sales volume, for the three months ended June 30

        2026

Metals

Power

Other(1)

Adjustment
for Moa
Joint Venture

Total

        Cost of sales per financial statements

$

130.8

  $

3.2

  $

39.1

  $

(93.5

)

  $

79.6

Less:

        Depletion, depreciation and amortization in cost of sales

(15.2

)

  (0.6

)

      115.6

  2.6

      Adjustments to cost of sales:

        Cobalt by-product revenue - Moa JV and Cobalt Swap

(12.8

)

  -

      Fertilizer by-product revenue

(36.8

)

  -

      Other revenue

(25.1

)

  -

      Royalties/territorial contributions and other non-cash costs(2)

(3.3

)

  -

      Changes in inventories and other adjustments(3)

0.9

  -

      Cost of sales for purposes of unit cost calculation

38.5

  2.6

              Sales volume for the period

3.8

  207

      Volume units

Millions of
pounds

Gigawatt
hours

      Unit operating cost(4)(5)

$

10.15

  $

13.36

      Unit operating cost (US$ per pound) (NDCC)(6)

$

7.31

        $ millions, except unit cost and sales volume, for the three months ended June 30

        2025

Metals

  Power

  Other(1)

  Adjustment
for Moa
Joint Venture

  Total

        Cost of sales per financial statements

$

130.1

  $

5.0

  $

2.4

  $

(105.1

)

  $

32.4

Less:

        Depletion, depreciation and amortization in cost of sales

(15.2

)

  (0.6

)

      114.9

  4.4

      Adjustments to cost of sales:

        Cobalt by-product revenue - Moa JV and Cobalt Swap

(15.2

)

  -

      Fertilizer by-product revenue

(30.0

)

  -

      Other revenue

(10.9

)

  -

      Realized gain on natural gas swaps

(0.3

)

  -

      Royalties/territorial contributions and other non-cash costs(2)

(5.1

)

  -

      Changes in inventories and other adjustments(3)

(0.7

)

  -

      Cost of sales for purposes of unit cost calculation

52.7

  4.4

              Sales volume for the period

7.2

  176

      Volume units

Millions of
pounds

  Gigawatt
hours

      Unit operating cost(4)(5)

$

7.34

  $

24.80

      Unit operating cost (US$ per pound) (NDCC)(6)

$

5.27

        $ millions, except unit cost and sales volume, for the six months ended June 30

        2026

Metals

  Power

  Other(1)

  Adjustment
for Moa
Joint Venture

  Total

        Cost of sales per financial statements

$

232.5

  $

7.2

  $

46.0

  $

(174.1

)

  $

111.6

Less:

        Depletion, depreciation and amortization in cost of sales

(30.1

)

  (1.0

)

      202.4

  6.2

      Adjustments to cost of sales:

        Cobalt by-product revenue - Moa JV and Cobalt Swap

(27.4

)

  -

      Fertilizer by-product revenue

(50.3

)

  -

      Other revenue

(38.0

)

  -

      Realized loss on natural gas swaps

0.6

  -

      Royalties/territorial contributions and other non-cash costs(2)

(7.3

)

  -

      Changes in inventories and other adjustments(3)

5.5

  -

      Cost of sales for purposes of unit cost calculation

85.5

  6.2

              Sales volume for the period

8.7

  416

      Volume units

Millions of
pounds

  Gigawatt
hours

      Unit operating cost(4)(5)

$

9.78

  $

15.09

      Unit operating cost (US$ per pound) (NDCC)(6)

$

7.13

        $ millions, except unit cost and sales volume, for the six months ended June 30

        2025

Metals

  Power

  Other(1)

  Adjustment
for Moa
Joint Venture

  Total

        Cost of sales per financial statements

$

249.2

  $

11.9

  $

23.9

  $

(201.9

)

  $

83.1

Less:

        Depletion, depreciation and amortization in cost of sales

(29.3

)

  (1.2

)

      219.9

  10.7

      Adjustments to cost of sales:

        Cobalt by-product revenue - Moa JV and Cobalt Swap

(28.6

)

  -

      Fertilizer by-product revenue

(45.9

)

  -

      Other revenue

(19.6

)

  -

      Cobalt loss

0.3

  -

      Realized gain on natural gas swaps

(0.4

)

  -

      Royalties/territorial contributions and other non-cash costs(2)

(9.2

)

  -

      Changes in inventories and other adjustments(3)

1.2

  -

      Cost of sales for purposes of unit cost calculation

117.7

  10.7

              Sales volume for the period

14.8

  346

      Volume units

Millions of
pounds

  Gigawatt
hours

      Unit operating cost(4)(5)

$

7.97

  $

31.03

      Unit operating cost (US$ per pound) (NDCC)(6)

$

5.64

        (1)

Other cost of sales is composed of the cost of sales of Oil and Gas, a non-core reportable segment, and cost of sales of the Corporate and Other reportable segment. (2)

Royalties and territorial contributions are included in cost of sales but are excluded from NDCC as these costs are not direct mine cash costs. Other non-cash costs consist of inventory write-downs and other costs that are included in cost of sales but are excluded from NDCC as the costs are non-cash. (3)

Changes in inventories and other adjustments is primarily composed of changes in inventories, the effect of average exchange rate changes and other items. These amounts are excluded from cost of sales but included in NDCC. (4)

Unit operating cost/NDCC may not calculate exactly based on amounts presented due to foreign exchange and rounding. (5)

Power, unit operating cost price per MWh. (6)

Unit operating costs in US$ are converted at the average exchange rate for the period. Adjusted net earnings/loss from continuing operations and adjusted net earnings/loss from continuing operations per share

The Corporation defines adjusted net earnings/loss from continuing operations as net earnings/loss from continuing operations adjusted for items not reflective of the Corporation’s current or future operational performance and after the impact of income taxes. These adjusting items include, but are not limited to, inventory write-downs/obsolescence, impairment of assets, gains and losses on the acquisition or disposal of assets, unrealized foreign exchange gains and losses, gains and losses on financial assets and liabilities and other one-time adjustments that have not occurred in the past two years and are not expected to recur in the next two years. While some adjustments are recurring (such as unrealized foreign exchange (gain) loss), management believes that they do not reflect the Corporation’s current or future operational performance.

Net earnings/loss from continuing operations at Oil and Gas is deducted from/added back to adjusted earnings/loss from continuing operations as the segment is not currently exploring for or producing oil and gas and its financial results relate to ancillary drilling services, provided to a customer and agencies of the Government of Cuba, and environmental rehabilitation costs for legacy assets, which are not reflective of the Corporation’s core operating activities or future operational performance.

Adjusted net earnings/loss from continuing operations per share is defined consistent with the definition above and divided by the Corporation’s weighted-average number of common shares outstanding.

Management uses these measures internally and believes that they provide investors with performance measures with which to assess the Corporation’s current or future operational performance by adjusting for items or transactions that are not reflective of its current or future operational performance.

The tables below reconcile net earnings/loss from continuing operations and net earnings/loss from continuing operations per share, both per the financial statements, to adjusted net loss from continuing operations and adjusted net loss from continuing operations per share, respectively:

  2026

    2025

For the three months ended June 30

$ millions

  $/share

  $ millions

  $/share

      Net (loss) earnings from continuing operations

$

(71.1

)

  $

(0.10

)

  $

10.4

  $

0.02

      Adjusting items:

      Sherritt - Unrealized foreign exchange loss (gain) - continuing operations

0.5

  -

  (1.0

)

  -

Corporate and Other - Gain on Debt and Equity transactions, net of transaction costs

-

  -

  (32.4

)

  (0.07

)

Reclassification of transaction costs on Debt and Equity Transactions to

      Gain on Debt and Equity Transactions, net of transaction costs

    (4.9

)

  (0.01

)

Corporate and Other - Realized loss on nickel put options

1.2

  -

  -

  -

Corporate and Other - Unrealized gain on nickel put options

(0.1

)

  -

  -

  -

Metals - Moa JV - Inventory write-down/obsolescence

0.3

  -

  0.3

  -

Metals - Fort Site - Unrealized loss on natural gas swaps

-

  -

  5.3

  0.01

Metals - Fort Site - Realized gain on natural gas swaps

-

  -

  (0.3

)

  -

Power - Loss (gain) on revaluation of GNC receivable

9.6

  0.01

  (5.6

)

  (0.01

)

Power - (Gain) loss on revaluation of Energas payable

(3.1

)

  -

  2.1

  -

Oil and Gas - Net loss from continuing operations, net of unrealized foreign exchange gain/loss

38.7

  0.05

  0.7

  -

Total adjustments, before tax

$

47.1

  $

0.06

  $

(35.8

)

  $

(0.08

)

Tax adjustments

(0.8

)

  -

  (0.2

)

  -

Adjusted net loss from continuing operations

$

(24.8

)

  $

(0.04

)

  $

(25.6

)

  $

(0.06

)

  2026

    2025

For the six months ended June 30

$ millions

  $/share

  $ millions

  $/share

      Net loss from continuing operations

$

(80.3

)

  $

(0.14

)

  $

(30.2

)

  $

(0.07

)

      Adjusting items:

      Sherritt - Unrealized foreign exchange loss (gain) - continuing operations

1.1

  -

  (0.9

)

  -

Corporate and Other - Gain on Debt and Equity Transactions, net of transaction costs

-

  -

  (32.4

)

  (0.07

)

Corporate and Other - Realized loss on nickel put options

1.4

  -

  -

  -

Corporate and Other - Unrealized loss on nickel put options

0.5

  -

  -

  -

Metals - Moa JV - Inventory write-down/obsolescence

0.4

  -

  0.5

  -

Metals - Moa JV - Cobalt loss

-

  -

  0.3

  -

Metals - Fort Site - Unrealized loss on natural gas swaps

0.6

  -

  1.8

  -

Metals - Fort Site - Realized gain on natural gas swaps

(0.6

)

  -

  (0.4

)

  -

Power - Gain on revaluation of GNC receivable

(9.9

)

  (0.01

)

  (8.2

)

  (0.02

)

Power - Loss on revaluation of Energas payable

4.1

  0.01

  2.8

  0.01

Oil and Gas - Net loss from continuing operations, net of unrealized foreign exchange gain/loss

45.8

  0.08

  19.4

  0.04

Total adjustments, before tax

$

43.4

  $

0.08

  $

(17.1

)

  $

(0.04

)

Tax adjustments

0.2

  -

  (0.5

)

  -

Adjusted net loss from continuing operations

$

(36.7

)

  $

(0.06

)

  $

(47.8

)

  $

(0.11

)

Spending on capital

The Corporation defines spending on capital for each segment as property, plant and equipment and intangible asset expenditures on a cash basis adjusted to the accrual basis in order to account for assets that are available for use by the Corporation and the Moa Joint Venture prior to payment and includes adjustments to accruals. The Metals segment’s spending on capital includes the Fort Site’s expenditures, plus the Corporation’s 50% share of the Moa Joint Venture’s expenditures, which is accounted for using the equity method for accounting purposes.

Combined spending on capital is the aggregate of each segment’s spending on capital or the Corporation’s consolidated property, plant and equipment and intangible asset expenditures and the property, plant and equipment and intangible asset expenditures of the Moa Joint Venture on a 50% basis, all adjusted to the accrual basis.

Combined spending on capital is used by management, and management believes this information is used by investors, to analyze the Corporation and the Moa Joint Venture’s investments in non-current assets that are held for use in the production of nickel, cobalt, fertilizers, oil and gas and power generation.

The tables below reconcile property, plant and equipment and intangible asset expenditures per the financial statements to combined spending on capital, expressed in Canadian dollars:

          $ millions, for the three months ended June 30

          2026

Metals

  Power

  Other(1)

  Combined
total

  Adjustment
for Moa
Joint Venture

  Total
derived from
financial
statements

          Property, plant and equipment expenditures(2)

$

1.8

  $

0.1

  $

-

  $

1.9

  $

(1.8

)

  $

0.1

1.8

  0.1

  -

  1.9

  $

(1.8

)

  $

0.1

          Adjustments:

          Accrual adjustment

-

  -

  -

  -

    Spending on capital

$

1.8

  $

0.1

  $

-

  $

1.9

    $ millions, for the three months ended June 30

          2025

Metals

  Power

  Other(1)

  Combined
total

  Adjustment
for Moa
Joint Venture

  Total
derived from
financial
statements

          Property, plant and equipment expenditures(2)

$

13.6

  $

0.8

  $

-

  $

14.4

  $

(10.0

)

  $

4.4

13.6

  0.8

  -

  14.4

  $

(10.0

)

  $

4.4

          Adjustments:

          Accrual adjustment

1.3

  -

  -

  1.3

    Spending on capital

$

14.9

  $

0.8

  $

-

  $

15.7

    $ millions, for the six months ended June 30

          2026

Metals

Power

Other(1)

Combined
total

Adjustment
for Moa
Joint Venture

Total
derived from
financial
statements

          Property, plant and equipment expenditures(2)

$

7.2

  $

0.3

  $

-

  $

7.5

  $

(7.2

)

  $

0.3

7.2

  0.3

  -

  7.5

  $

(7.2

)

  $

0.3

          Adjustments:

          Accrual adjustment

-

  -

  -

  -

    Spending on capital

$

7.2

  $

0.3

  $

-

  $

7.5

    $ millions, for the six months ended June 30

          2025

Metals

  Power

  Other(1)

  Combined
total

  Adjustment
for Moa
Joint Venture

  Total
derived from
financial
statements

          Property, plant and equipment expenditures(2)

$

24.1

  $

0.9

  $

0.1

  $

25.1

  $

(17.6

)

  $

7.5

24.1

  0.9

  0.1

  25.1

  $

(17.6

)

  $

7.5

          Adjustments:

          Accrual adjustment

6.1

  -

  -

  6.1

    Spending on capital

$

30.2

  $

0.9

  $

0.1

  $

31.2

    Combined cash provided (used) by continuing operations for operating activities and combined free cash flow

The Corporation defines cash provided/used by continuing operations for operating activities by segment as cash provided/used by continuing operations for operating activities for each segment calculated in accordance with IFRS Accounting Standards and adjusted to remove the impact of cash provided/used by wholly-owned subsidiaries. Combined cash provided/used by continuing operations for operating activities is the aggregate of each segment’s cash provided/used by continuing operations for operating activities including the Corporation’s 50% share of the Moa JV’s cash provided/used by continuing operations for operating activities, which is accounted for using the equity method of accounting and excluded from consolidated cash provided/used by continuing operations for operating activities.

The Corporation defines free cash flow for each segment as cash provided/used by continuing operations for operating activities by segment, less cash expenditures on property, plant and equipment and intangible assets, including exploration and evaluation assets. Combined free cash flow is the aggregate of each segment’s free cash flow or the Corporation’s consolidated cash provided/used by continuing operations for operating activities, less consolidated cash expenditures on property, plant and equipment and intangible assets, including exploration and evaluation assets, less distributions received from Moa JV, plus cash provided/used by continuing operations for operating activities for the Corporation’s 50% share of the Moa JV, less cash expenditures on property, plant and equipment and intangible assets for the Corporation’s 50% share of the Moa JV.

The Corporate and Other segment’s cash used by continuing operations for operating activities is adjusted to exclude distributions received from Moa JV. Distributions from the Moa JV excluded from Corporate and Other are included in the Adjustment for Moa Joint Venture to arrive at total cash provided/used by continuing operations for operating activities per the financial statements.

The Metals segment’s free cash flow includes the Fort Site and Metals Marketing’s free cash flow, plus the Corporation’s 50% share of the Moa JV’s free cash flow, which is accounted for using the equity method for accounting purposes.

Combined cash provided/used by continuing operations for operating activities and combined free cash flow are used by management, and management believes this information is used by investors, to analyze cash flows generated from operations and assess its operations’ ability to provide cash or its use of cash, and in the case of combined free cash flow, after funding cash capital requirements, to service current and future working capital needs and service debt.

The tables below reconcile combined cash provided by continuing operations for operating activities to cash used by continuing operations per the financial statements to combined free cash flow:

$ millions, for the three months ended June 30

            2026

  Metals(1)(2)

  Power

  Oil and
Gas

  Corporate
and
Other

  Combined
total

  Adjustment
for Moa
Joint
Venture

  Total
derived
from
financial
statements

            Cash provided (used) by continuing operations for operating activities

$

(26.2

)

  $

22.8

  $

(1.9

)

  $

42.2

  $

36.9

  $

2.0

  $

38.9

Less:

            Property, plant and equipment expenditures

(1.8

)

  (0.1

)

  -

  -

  (1.9

)

  1.8

  (0.1

)

Free cash flow

$

(28.0

)

  $

22.7

  $

(1.9

)

  $

42.2

  $

35.0

  $

3.8

  $

38.8

$ millions, for the three months ended June 30

            2025

              Metals(1)(2)

  Power

  Oil and
Gas

  Corporate
and
Other

  Combined
total

  Adjustment
for Moa
Joint
Venture

  Total
derived
from
financial
statements

            Cash provided (used) by continuing operations for operating activities

$

20.0

  $

16.0

  $

(1.1

)

  $

(17.7

)

  $

17.2

  $

(11.6

)

  $

5.6

Less:

            Property, plant and equipment expenditures

(13.6

)

  (0.8

)

  -

  -

  (14.4

)

  10.0

  (4.4

)

Free cash flow

$

6.4

  $

15.2

  $

(1.1

)

  $

(17.7

)

  $

2.8

  $

(1.6

)

  $

1.2

$ millions, for the six months ended June 30

          2026

              Metals(3)(4)

  Power

  Oil and
Gas

  Corporate
and
Other

  Combined
total

  Adjustment
for Moa
Joint
Venture

  Total
derived
from
financial
statements

            Cash (used) provided by continuing operations for operating activities

$

(27.9

)

  $

35.7

  $

(3.1

)

  $

33.1

  $

37.8

  $

(12.0

)

  $

25.8

Less:

            Property, plant and equipment expenditures

(7.2

)

  (0.3

)

  -

  -

  (7.5

)

  7.2

  (0.3

)

Free cash flow

$

(35.1

)

  $

35.4

  $

(3.1

)

  $

33.1

  $

30.3

  $

(4.8

)

  $

25.5

$ millions, for the six months ended June 30

          2025

              Metals(3)(4)

  Power

  Oil and
Gas

  Corporate
and
Other

  Combined
total

  Adjustment
for Moa
Joint
Venture

  Total
derived
from
financial
statements

            Cash provided (used) by continuing operations for operating activities

$

41.9

  $

16.9

  $

(11.4

)

  $

(26.1

)

  $

21.3

  $

(14.7

)

  $

6.6

Less:

            Property, plant and equipment expenditures

(24.1

)

  (0.9

)

  (0.1

)

  -

  (25.1

)

  17.6

  (7.5

)

Free cash flow

$

17.8

  $

16.0

  $

(11.5

)

  $

(26.1

)

  $

(3.8

)

  $

2.9

  $

(0.9

)

Posted by Defense World Staff on Aug 10th, 2026

SentinelOne, Inc. (NYSE:S – Get Free Report) insider Keenan Michael Conder sold 26,374 shares of the stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $20.08, for a total transaction of $529,589.92. Following the transaction, the insider owned 956,358 shares of the company’s stock, valued at $19,203,668.64. This represents a 2.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Keenan Michael Conder also recently made the following trade(s):

On Monday, June 8th, Keenan Michael Conder sold 8,401 shares of SentinelOne stock. The stock was sold at an average price of $15.70, for a total transaction of $131,895.70. SentinelOne Stock Down 0.2% NYSE S opened at $21.36 on Monday. The firm has a market cap of $7.32 billion, a P/E ratio of -22.25 and a beta of 0.79. The company’s 50 day moving average is $17.46 and its 200-day moving average is $15.48. SentinelOne, Inc. has a 12-month low of $11.81 and a 12-month high of $21.51.

SentinelOne (NYSE:S – Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.02 by $0.02. The company had revenue of $276.66 million during the quarter, compared to analysts’ expectations of $277.31 million. SentinelOne had a negative net margin of 30.39% and a negative return on equity of 15.35%. SentinelOne’s revenue for the quarter was up 20.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.02 earnings per share. SentinelOne has set its Q2 2027 guidance at 0.060-0.080 EPS and its FY 2027 guidance at 0.320-0.380 EPS. Equities analysts expect that SentinelOne, Inc. will post -0.44 EPS for the current year.

Hedge Funds Weigh In On SentinelOne Hedge funds have recently added to or reduced their stakes in the company. Allied Private Wealth LLC bought a new position in shares of SentinelOne during the second quarter valued at $25,000. Allworth Financial LP raised its position in SentinelOne by 102.4% in the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after buying an additional 726 shares during the last quarter. Danske Bank A S purchased a new position in SentinelOne in the 3rd quarter worth about $26,000. Assetmark Inc. boosted its holdings in SentinelOne by 700.8% in the fourth quarter. Assetmark Inc. now owns 1,906 shares of the company’s stock worth $29,000 after purchasing an additional 1,668 shares during the last quarter. Finally, Spurstone Advisory Services LLC grew its holdings in shares of SentinelOne by 66.7% in the fourth quarter. Spurstone Advisory Services LLC now owns 2,500 shares of the company’s stock worth $38,000 after acquiring an additional 1,000 shares during the period. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth S has been the subject of several research analyst reports. Barclays dropped their target price on shares of SentinelOne from $19.00 to $16.00 and set an “equal weight” rating for the company in a research report on Friday, May 29th. Wedbush reaffirmed an “outperform” rating and set a $20.00 price target on shares of SentinelOne in a research note on Friday, May 29th. Weiss Ratings raised shares of SentinelOne from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 21st. Wells Fargo & Company boosted their price objective on SentinelOne from $14.00 to $16.00 and gave the company an “equal weight” rating in a research report on Thursday, May 21st. Finally, Raymond James Financial downgraded shares of SentinelOne from a “strong-buy” rating to a “market perform” rating and set a $18.00 price objective for the company. in a research note on Friday, May 29th. Eighteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.93.

Get Our Latest Research Report on S

More SentinelOne News Here are the key news stories impacting SentinelOne this week:

Positive Sentiment: Traders purchased 22,967 call options on SentinelOne, 54% above the stock’s typical daily call volume of 14,948 contracts. The activity suggests increased bullish positioning and may be contributing to upward momentum. SentinelOne options activity Neutral Sentiment: CEO Tomer Weingarten, COO Barry Padgett, CAO Robin Tomasello, and directors or other insiders sold a combined 101,660 shares for approximately $2.04 million. Each filing stated that the shares were sold to satisfy tax-withholding obligations when equity awards vested. The sales reduced individual holdings by roughly 0.84% to 2.84%, but the executives continued to own substantial positions. SentinelOne insider transaction filing Negative Sentiment: SentinelOne recently underperformed the broader market in the latest session, closing lower than the prior day. That weakness may reflect short-term profit-taking after the stock’s strong run and its position near its 52-week high, rather than a newly announced fundamental setback. Why SentinelOne fell more than the broader market SentinelOne Company Profile (Get Free Report)

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.

Featured Stories Five stocks we like better than SentinelOne Albemarle’s Blowout Quarter Shows Why Lithium Still Matters Can DICK’S Turn Foot Locker Into a Winner? Why Dutch Bros Plunged Despite a Q2 Earnings Beat and Record Revenue Take-Two’s Q1 Results Leave GTA 6 Bulls Stuck in the Fog of War

Receive News & Ratings for SentinelOne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SentinelOne and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEInsider Selling: eBay (NASDAQ:EBAY) CEO Sells $1,205,990.50 in Stock

NEXT HEADLINE »Insider Selling: Circle Internet Group (NYSE:CRCL) Director Sells $1,233,000.00 in Stock

Barry L. Padgett, the president and COO of SentinelOne, Inc. (S +3.08%), sold 9,778 shares of Class A Common Stock on August 6, according to an SEC Form 4 filing.

Transaction summaryMetricValueShares sold (directly held)9,778Transaction value$196,000Post-transaction shares (directly held)977,430Post-transaction value$20.3 millionTransaction value based on SEC Form 4 weighted average sale price ($20.09); post-transaction value based on the August 6 market close ($20.76).

Key questionsWhat was the primary driver of this transaction?
The sale was non-discretionary and initiated to fund tax withholding requirements triggered by the vesting and settlement of restricted stock units. Under the company's equity incentive plan, these tax obligations must be covered through a sell-to-cover transaction.What is the scale of the insider's remaining equity position?
Following this transaction, Padgett maintains direct ownership of 977,430 shares. This position is valued at approximately $20.3 million based on the August 6 market close price of $20.76 per share.How does this transaction impact the executive's overall interest in the company?
The disposition represented a roughly 1% reduction in direct holdings. The executive continues to hold a significant stake in the company, with no indirect holdings or other share classes reported in this filing.What is the company's current financial profile as of this filing?
As of the transaction date, SentinelOne has a market capitalization of $7.2 billion. The cybersecurity firm reported trailing-twelve-month revenue of $1.0 billion and a net loss of $318.7 million for the same period.Company OverviewMetricValueShare Price (as of market close 2026-08-06)$20.76Market Capitalization$7.2 billionRevenue (TTM)$1.0 billionNet Income (TTM)-$318.7 millionCompany SnapshotSentinelOne provides comprehensive cybersecurity solutions centered on its Singularity XDR Platform, an Extended Detection and Response data stack that integrates endpoint protection, endpoint detection and response, cloud workload protection, and IoT security capabilities powered by artificial intelligence.The company operates a subscription-based software-as-a-service business model, generating recurring revenue from enterprise and mid-market customers who license access to its unified security platform on an annual or multi-year basis.SentinelOne primarily serves large enterprises and mid-market organizations across the United States and internationally that require integrated, AI-driven security solutions to protect their endpoint, cloud, and IoT infrastructure from advanced cyber threats.SentinelOne is a global cybersecurity infrastructure software company headquartered in Mountain View, California. The company has achieved $1.0 billion in TTM revenue while building a unified security platform that consolidates multiple protective functions into a single AI-powered system, differentiating itself in the competitive extended detection and response market. With a market capitalization of $7.2 billion and year-over-year share price appreciation of over 20%, SentinelOne demonstrates investor confidence in its platform consolidation strategy and market expansion potential.

What this transaction means for investorsA COO covering the tax bill on vesting stock is about the least revealing thing an insider filing can contain, and the proof is in what stayed put. Padgett still sits on close to a million shares worth north of $20 million, so trimming 1% to hand the IRS its share is clearly bookkeeping. A few other executives had similar transactions this past week.

More importantly, SentinelOne is growing fast and cutting costs at the same time. SentinelOne grew fiscal first-quarter revenue 21% to $277 million and annual recurring revenue 23% to $1.16 billion, with nearly half of that recurring base now coming from newer products beyond its original endpoint security. It also announced an 8% workforce cut expected to save about $45 million a year. CEO Tomer Weingarten said emerging solutions "reached half of our total company ARR." The tension sits in the losses, since the company still ran a $76 million GAAP net loss for the quarter even as its non-GAAP margins turned positive. But things are looking up: The firm raised operating income guidance to a range of $115 million to $125 million. It’s expected to report earnings again by the end of this month.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Robin Tomasello, the chief accounting officer of SentinelOne, Inc. (S +3.08%), sold 5,467 shares of Class A Common Stock on August 6, according to an SEC Form 4 filing.

Transaction summaryMetricValueTransaction value$109,777Shares sold (directly held)5,467Post-transaction shares (directly held)439,863Post-transaction value$9.1 millionTransaction value based on SEC Form 4 weighted average sale price ($20.08); post-transaction value based on the August 6 market close ($20.76).

Key questionsWhat was the motivation behind this stock disposal?
The sale was non-discretionary, executed to cover tax obligations, and does not reflect the insider's view on the stock. These "sell-to-cover" events are standard procedures for managing tax liabilities associated with the vesting of equity-based compensation.How significant is the insider's remaining exposure to the company?
Despite the recent sale, Tomasello retains direct ownership of 439,863 shares of Class A Common Stock. This position is valued at $9.13 million as of the August 6 market close.What does this vesting event indicate about the insider's total equity compensation?
The conversion of restricted stock units into common equity demonstrates the continued execution of the insider's long-term incentive plan. In addition to direct share ownership, the insider also holds derivative securities.What is the recent performance context for the stock?
The transaction occurred after a period of appreciation, with the stock delivering a 20% total return over the 12 months ending August 6, 2026. At the time of the transaction, the market capitalization for the infrastructure software company stood at $7.2 billion.Company OverviewMetricValueShare Price (as of market close 2026-08-06)$20.76Market Capitalization$7.2 billionRevenue (TTM)$1.0 billionNet Income (TTM)-$318.7 millionCompany SnapshotSentinelOne provides comprehensive cybersecurity solutions centered on its Singularity XDR Platform, an Extended Detection and Response data stack that integrates endpoint protection, endpoint detection and response, cloud workload protection, and IoT security capabilities powered by artificial intelligence.The company operates a subscription-based software-as-a-service business model, generating recurring revenue from enterprise and mid-market customers who license access to its unified security platform on an annual or multi-year basis.SentinelOne primarily serves large enterprises and mid-market organizations across the United States and internationally that require integrated, AI-driven security solutions to protect their endpoint, cloud, and IoT infrastructure from advanced cyber threats.SentinelOne is a global cybersecurity infrastructure software company with approximately 3,000 employees headquartered in Mountain View, California. The company has achieved $1.0 billion in TTM revenue while building a unified security platform that consolidates multiple protective functions into a single AI-powered system, differentiating itself in the competitive extended detection and response market. With a market capitalization of $7.2 billion and year-over-year share price appreciation of 20%, SentinelOne demonstrates investor confidence in its platform consolidation strategy and market expansion potential.

What this transaction means for investorsIf anyone at SentinelOne would know whether the stock was a buy, it could very well be the chief accounting officer, and the tidy read on her selling shares leaves as soon as you see how they left. This was tax withholding on vesting stock, priced right below the day's close with no choice involved. She’s also not the only executive this week whose shares vested on the same date. Plus, Tomassello holds on to nearly 440,000 shares, worth more than $9 million.

Meanwhile, SentinelOne is scaling well. Fiscal first-quarter revenue rose 21% to $277 million, and annual recurring revenue climbed 23% to $1.16 billion, with non-GAAP margins turning positive even as the reported bottom line stayed in the red on heavy stock-based pay. CEO Tomer Weingarten pointed to enterprises choosing the company "as the foundation to build upon." Shares are still well off their 2021 highs, but the company has remained firm, and continued execution could prove sufficient to accelerate momentum.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Tomer Weingarten, President and Chief Executive Officer of SentinelOne, Inc. (S +3.08%), sold 53,811 shares of Class A Common Stock on August 6, 2026, for a total value of ~$1.1 million, according to a recent SEC Form 4 filing.

Transaction summaryMetricValueTransaction value$1.1 millionShares sold53,811Post-transaction shares (directly held)1,840,586Post-transaction value$38.21 millionTransaction value based on SEC Form 4 weighted average sale price ($20.08); post-transaction value based on August 06, 2026 market close ($20.76).

Key questionsWhat triggered this sale?
The transaction was mandated by the company's equity incentive plan to fund tax withholding liabilities resulting from the vesting and settlement of restricted stock units (RSUs). As an automated sell-to-cover event, the trade does not reflect a discretionary decision or a shift in the insider's investment outlook for the cybersecurity firm.How much equity does the CEO still hold in the company?
Tomer Weingarten continues to hold 1,840,586 shares directly, which represents approximately 0.55% of the company's total shares. This remaining direct position is valued at $38.21 million based on the August 6, 2026 market close; the insider also holds derivative securities.What has been the stock's recent performance trajectory?
As of the August 6, 2026 transaction date, the company's stock had generated a one-year return of 20%. The shares were sold at a weighted average price of $20.08, while the market closed at $20.76 on the day of the trade.Company OverviewMetricValueShare Price (as of market close 2026-08-06)$20.76Market Capitalization$7.2 billionRevenue (TTM)$1.0 billionNet Income (TTM)-$318.7 millionCompany SnapshotSentinelOne provides comprehensive cybersecurity solutions centered on its Singularity XDR Platform, an Extended Detection and Response data stack that integrates endpoint protection, endpoint detection and response, cloud workload protection, and IoT security capabilities powered by artificial intelligence.The company operates a subscription-based software-as-a-service business model, generating recurring revenue from enterprise and mid-market customers who license access to its unified security platform on an annual or multi-year basis.SentinelOne primarily serves large enterprises and mid-market organizations across the United States and internationally that require integrated, AI-driven security solutions to protect their endpoint, cloud, and IoT infrastructure from advanced cyber threats.SentinelOne is a global cybersecurity infrastructure software company with approximately 2,900 employees headquartered in Mountain View, California. The company has achieved $1 billion in trailing 12-month revenue while building a unified security platform that consolidates multiple protective functions into a single AI-powered system, differentiating itself in the competitive extended detection and response market.

With a market cap of $7.2 billion and year-over-year share price appreciation of 19.93%, SentinelOne demonstrates investor confidence in its platform consolidation strategy and market expansion potential.

What this transaction means for investorsCEO Tomer Weingarten’s August 6 sale of SentinelOne stock is not a cause for investor concern, considering it was executed to fulfill tax withholding obligations in connection with the vesting of RSUs. Moreover, Weingarten maintains a sizable equity stake in the company at 1.8 million directly-held shares, some of which have yet to vest, ensuring continued alignment with shareholder interests.

The disposition happened the day before SentinelOne stock hit a 52-week high of $21.51 on August 7. Shares are up as Wall Street has recognized the rising importance of cybersecurity today, driven by an escalating AI threat landscape and expanding defense budgets to protect infrastructure, as demonstrated by recent cyberattacks on water systems in 12 U.S. states.

SentinelOne reported 21% revenue growth to $277 million in its fiscal first quarter ended April 30. It expects sales to accelerate to a range between $289 million to $291 million in its fiscal Q2. This increase indicates the company is successfully capturing customers.

However, SentinelOne remains unprofitable. It posted a Q1 net loss of $76.2 million, although that’s down from the prior year’s $208.2 million in a sign that it’s getting costs under control.

SentinelOne (S - Free Report) closed at $20.76 in the latest trading session, marking a -1.14% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.18% for the day. Elsewhere, the Dow saw a downswing of 0.85%, while the tech-heavy Nasdaq depreciated by 0.06%.

The stock of cybersecurity provider has risen by 17.91% in the past month, leading the Computer and Technology sector's gain of 1.48% and the S&P 500's gain of 3.33%.

Analysts and investors alike will be keeping a close eye on the performance of SentinelOne in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.07, marking a 75% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $290.03 million, indicating a 19.76% upward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $0.36 per share and a revenue of $1.2 billion, demonstrating changes of +80% and +25.58%, respectively, from the preceding year.

It's also important for investors to be aware of any recent modifications to analyst estimates for SentinelOne. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.06% higher. SentinelOne presently features a Zacks Rank of #3 (Hold).

Digging into valuation, SentinelOne currently has a Forward P/E ratio of 58.92. This expresses a premium compared to the average Forward P/E of 48.21 of its industry.

Also, we should mention that S has a PEG ratio of 1.26. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Security industry had an average PEG ratio of 2.79 as trading concluded yesterday.

The Security industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 68, finds itself in the top 28% echelons of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

LAS VEGAS--(BUSINESS WIRE)--SentinelOne® (NYSE: S), the AI Security leader, today announced an expanded collaboration with Amazon Web Services (AWS) to deliver unified AI governance for customers building on Amazon Bedrock. The new integration brings together SentinelOne's AI runtime security with Amazon Bedrock AgentCore, giving security teams one place to see, enforce, and remediate AI risk. As a result, it helps businesses confidently close the gap between how fast they deploy AI agents and.

-

New Claude-powered services, expanded partnership with LevelBlue, and Wayfinder MDR Workflows highlight latest in SentinelOne’s human+AI managed defense offerings

LAS VEGAS--(BUSINESS WIRE)--SentinelOne® (NYSE: S), the AI Security leader, today announced the expansion of Wayfinder Frontier AI Services to help customers stop AI-enabled threats before they can materialize. First announced in April 2026, the expanded offering brings together the latest models from Anthropic, SentinelOne’s elite cyber experts, and strategic partners like LevelBlue, to deliver continuous, intelligence-led discovery, prioritization, and remediation across a customer's full attack surface.

The offering is the latest from Wayfinder, SentinelOne’s managed services arm. Organizations of all sizes continue to grapple with the question of what frontier AI models mean when it comes to revealing and chaining potential vulnerabilities, exploits, and latent zero days in their enterprise. With Wayfinder Frontier AI Services, SentinelOne helps organizations quickly find the signal in the noise, identifying and validating the realistically exploitable threats versus a growing list of new vulnerabilities and misconfigurations. Customers are given clear and prioritized remediation guidance, making compromise assessments immediately actionable. As a result, security teams can maintain an operating advantage by capitalizing on the power of frontier AI to fortify their defenses before these same models can be used against them.

“Frontier AI models are powerful enough to find real exposure paths, but they still need experienced humans to validate what's real, what's noise, and what to do next,” said Steve Stone, Chief Customer Officer, SentinelOne. “That's exactly what Wayfinder Frontier AI Services delivers. Our analysts working alongside Anthropic's latest models, layered directly on the telemetry customers already have, so nothing gets lost between detection and action.”

The expanded Wayfinder Frontier AI Services leverage the latest models from Anthropic. SentinelOne also plans to extend this coverage to OpenAI’s GPT-5.5-cyber and GPT-5.6 models, as well as models from other frontier AI labs in the future to offer a fully multi-model approach.

LevelBlue Named Premier Remediation Partner for Wayfinder Frontier AI Services

As part of the general availability launch, SentinelOne has named LevelBlue as Wayfinder’s premier remediation partner. The expanded partnership complements Wayfinder’s own cyber experts by bringing in distinct, best-in-class remediation services. SentinelOne customers that receive prioritized threat assessments and findings from Wayfinder Frontier AI Services are offered the options of a seamless, coordinated exchange with LevelBlue experts to develop and execute prioritized, milestone-based remediation programs. As a result, security teams can reduce risk and strengthen long-term resilience in their software and application environments.

“Finding a confirmed vulnerability is only half the job,” said Spencer Lynch, SVP of Professional Services, LevelBlue. “What matters is knowing which ones actually matter, getting developers a fix that works, and confirming it holds up after deployment. Pairing Wayfinder's exploitability findings with LevelBlue's remediation expertise gives customers a complete path from discovery to resolution, not just a longer list of problems.”

Additional Wayfinder Innovation Unveiled at Black Hat

Wayfinder MDR Workflows – This new capability adds customizable Hyperautomation workflows into the MDR customer experience. SentinelOne’s Wayfinder MDR analysts validate and escalate threats; customers dictate the automated response. From kicking off Slack channels and Jira tickets to executing direct response actions in Singularity™ and third-party software, Wayfinder customers remain in control of how their SOC workflows trigger and execute once a Wayfinder-qualified threat is received. The new capabilities will be previewed at Black Hat and will be generally available in August this year. Managed Threat Hunting Across an Expanded Attack Surface – Wayfinder's AI-powered threat hunting now extends into identity environments. Wayfinder Threat Hunting for Identity covers Okta and Microsoft Entra ID. From low-and-slow endpoint tradecraft to MFA fatigue attacks and session hijacking, every finding is analyst-validated before it reaches the customer's SOC. The new capabilities are generally available and included at no additional cost for existing Wayfinder Threat Hunting customers. About SentinelOne

SentinelOne (NYSE: S) is the leader in AI security, setting the standard for using AI and automation to give defenders a decisive operating advantage. Built for those who secure our world, its platform delivers unified coverage across endpoints, identity, cloud, and AI. Powered by Autonomous Security Intelligence, SentinelOne stops attacks at machine speed, reducing risk and delivering clarity and control to stay one step ahead. Headquartered in Mountain View, California, with teams worldwide, SentinelOne protects nearly one-fifth of the Fortune 500 and hundreds of Global 2000 enterprises. From Main Street to Wall Street, the world's most critical organizations trust SentinelOne with their security.

Third-Party Disclaimer

All third-party product names, logos, and brands mentioned in this publication are the property of their respective owners and are for identification purposes only. Use of these names, logos, and brands does not imply affiliation, endorsement, sponsorship, or association with the third party.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially. SentinelOne undertakes no obligation to update any forward-looking statements.

Category: Investors

More News From SentinelOne

Back to Newsroom

[url="]SentinelOneÂ[/url] (NYSE: S), the AI Security leader, today announced the expansion of [url="]Wayfinder Frontier AI Services[/url] to help customers sto

TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) today announced its response to the requisition received from Kyma Capital Opportunities Master Fund Limited (“Kyma”), a beneficial shareholder, on July 22, 2026 to reconstitute the Board with two new directors and Kyma's existing Board nominee. Following careful review and consultation with legal counsel, the board of directors of the Corporation (the “Board”) has determined that the requisit.