Senstar Technologies Corporation Reports First Quarter 2026 Financial Results

Rhea-AI Summary

Senstar Technologies (NASDAQ:SNT) reported first quarter 2026 revenue of $8.1 million, down 4% year over year, with 60.0% gross margin. Operating expenses rose 18% to $5.5 million, leading to an operating loss of $0.6 million and a net loss of $0.8 million ($0.04 per share).

EBITDA was $(403,000). Cash, cash equivalents and short-term deposits were $10.6 million, or $0.45 per share, with no debt, versus $22.5 million at December 31, 2025. Senstar completed the Blickfeld acquisition on February 13, 2026, and LiDAR sales grew about fourfold year over year.

AI-generated analysis. Not financial advice.

Positive

• LiDAR sales increased approximately fourfold year over year, representing a larger share of group revenue
• Completion of Blickfeld acquisition on February 13, 2026 expands intelligent sensing and LiDAR capabilities
• Cash, cash equivalents and short-term deposits of $10.6 million with no debt at March 31, 2026

Negative

• Revenue declined 4% year over year to $8.1 million in Q1 2026
• Gross margin decreased from 67.2% to 60.0%, driven by product mix and lower volume
• Operating expenses rose 18% to $5.5 million, partly from Blickfeld and event spending
• Result shifted from $1.0 million net income to $0.8 million net loss year over year
• Cash balance fell from $22.5 million at December 31, 2025 to $10.6 million at March 31, 2026

News Market Reaction – SNT

-2.15% 14.9x vol

4 alerts

-2.15% News Effect

-3.4% Trough Tracked

-$1M Valuation Impact

$61.13M Market Cap

14.9x Rel. Volume

On the day this news was published, SNT declined 2.15%, reflecting a moderate negative market reaction. Argus tracked a trough of -3.4% from its starting point during tracking. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $1M from the company's valuation, bringing the market cap to $61.13M at that time. Trading volume was exceptionally heavy at 14.9x the daily average, suggesting significant selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Q1 2026 revenue: $8.1 million Q1 2026 gross margin: 60.0% Q1 2026 net loss: $(0.8) million +5 more

8 metrics

Q1 2026 revenue $8.1 million Three months ended March 31, 2026

Q1 2026 gross margin 60.0% Compared to 67.2% in Q1 2025

Q1 2026 net loss $(0.8) million Versus $1.0 million net income in Q1 2025

Q1 2026 EBITDA $(403,000) First quarter 2026

Operating expenses $5.5 million Q1 2026, up 18% from $4.6 million in Q1 2025

Cash & deposits $10.6 million As of March 31, 2026, excluding $0.9 million restricted cash

EPS Q1 2026 $(0.04) per share Versus $0.04 per share in Q1 2025

LiDAR sales growth Approximately fourfold increase Q1 2026 vs Q1 2025 consolidated LiDAR sales

Market Reality Check

Price: $2.77 Vol: Volume 15,191 is slightly...

normal vol

$2.77 Last Close

Volume Volume 15,191 is slightly below the 20-day average of 16,459. normal

Technical Shares at $2.79 are trading below the 200-day moving average of $3.86 and well under the 52-week high of $5.34.

Peers on Argus

SNT was up 3.47% pre-news. Peers showed mixed moves: KSCP (+3.09%) and SPCB (+2....

SNT was up 3.47% pre-news. Peers showed mixed moves: KSCP (+3.09%) and SPCB (+2.04%) rose, while BAER (-0.75%), CIX (-0.33%) and MG (-0.52%) declined, pointing to stock-specific factors rather than a clear sector trend.

Previous Earnings Reports

5 past events · Latest: Apr 23 (Neutral)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Apr 23	Q4 2025 earnings	Neutral	+1.3%	Full-year 2025 profit with softer Q4 revenue and minor loss.
Nov 25	Q3 2025 earnings	Negative	-18.3%	Slight revenue decline and higher expenses despite continued profitability.
Aug 25	Q2 2025 earnings	Positive	-3.9%	Strong revenue and margin growth with higher EBITDA and cash.
May 27	Q1 2025 earnings	Positive	+3.5%	Double-digit revenue growth and sharp margin and profit improvement.
Apr 23	FY 2024 earnings	Positive	+9.4%	9% revenue growth, swing to net income and higher EBITDA in 2024.

Pattern Detected

Earnings releases have often been followed by volatile but generally modest moves, with one notable negative reaction to a softer quarter.

Recent Company History

Over the past year, Senstar’s earnings updates have highlighted profitable operations in 2024–2025, with revenue of $35.8M in 2024 and $36.4M in 2025 and consistent net income. Quarterly results in 2025 showed solid margins and cash balances above $20M, but also increasing operating expenses and some revenue softness in late 2025 tied to U.S. government project delays. Today’s Q1 2026 report extends that narrative with lower revenue, margin compression, and a net loss as the Blickfeld acquisition and delayed projects weigh on results while LiDAR activity grows.

Historical Comparison

-1.6% avg move · In the last five earnings releases, SNT’s average move was -1.58%. Against that backdrop, today’s +3...

earnings

-1.6%

Average Historical Move earnings

In the last five earnings releases, SNT’s average move was -1.58%. Against that backdrop, today’s +3.47% pre-news gain stands out versus its typical post-earnings pattern.

Earnings reports show Senstar moving from strong profitability in 2024–2025 into 2026 with softer quarterly performance, higher operating expenses, and integration of the Blickfeld LiDAR acquisition.

Market Pulse Summary

This announcement highlights a weaker Q1 2026, with revenue of $8.1 million, gross margin at 60.0%, ...

Analysis

This announcement highlights a weaker Q1 2026, with revenue of $8.1 million, gross margin at 60.0%, and a net loss of $0.8 million as project delays and Blickfeld-related expenses weighed on results. At the same time, LiDAR sales grew roughly fourfold and cash stood at $10.6 million. Compared with prior earnings, investors may watch how quickly delayed projects convert to revenue, whether margins recover, and how integration costs translate into future LiDAR-driven growth.

Key Terms

ebitda, lidar

2 terms

ebitda financial

"EBITDA for the first quarter of 2026 was $(403,000) versus $1.2 million..."

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It measures a company's profitability by focusing on the money it makes from its core operations, ignoring expenses like taxes and accounting adjustments. Investors use EBITDA to compare how well different companies are performing financially, as it provides a clearer picture of operational success without the influence of financial structure or accounting choices.

lidar technical

"LiDAR-related activity continued to show strong momentum across the business."

Lidar, which stands for Light Detection and Ranging, is a technology that uses laser beams to create detailed, three-dimensional maps of the environment. It works like a sophisticated eye that measures distances by bouncing light off objects, helping machines see and understand their surroundings. For investors, lidar is important because it enables advancements in autonomous vehicles, robotics, and mapping, which can drive innovation and growth in related industries.

AI-generated analysis. Not financial advice.

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OTTAWA, ON, May 26, 2026 /PRNewswire/ -- Senstar Technologies Corporation (NASDAQ: SNT), a leading international provider of comprehensive physical, video and access control security products and solutions, today announced its financial results for the three months ended March 31, 2026. Management will hold an investors' conference call later today (at 9 a.m. Eastern Time) to discuss the results.

First Quarter 2026 Business Summary:

(First quarter 2026 results for the three months ended March 31, 2026, compared to the comparable three-month period of 2025, except as mentioned.)

• Revenue of $8.1 million with gross margin of 60.0% versus revenue of $8.4 million with gross margin of 67.2%
• Net loss of $(0.8) million compared to net income of $1.0 million in the first quarter of last year
• Cash, cash equivalents and short-term bank deposits of totaled $10.6 million, excluding restricted cash of  $0.9 million, and the company had no debt as of March 31, 2026, compared with $22.5 million cash balance as of December 31, 2025
• Senstar completed the acquisition of Blickfeld on the February 13, 2026, which affected first- quarter operating results

Mr. Fabien Haubert, Chief Executive Officer of Senstar Technologies, stated, "Our first quarter results were impacted by continued project timing delays and elongated customer procurement cycles, particularly in portions of the U.S. government verticals, including disruption associated with the temporary U.S. federal government shutdown. While these conditions impacted near-term revenue conversion and profitability, we do not believe they reflect a deterioration in the underlying demand environment for our solutions. We continue to see healthy customer engagement across several of our key vertical markets, including energy, critical infrastructure, data centers, and LiDAR-related applications. Importantly, many projects impacted by delayed timing remain active in our pipeline, and we continue to work closely with customers to convert delayed opportunities into scheduled deployments and revenue."

Despite broader project timing delays that affected near-term revenue conversion, LiDAR-related activity continued to show strong momentum across the business. Consolidated LiDAR sales increased approximately fourfold from the first quarter of 2025 to the first quarter of 2026 and represented a substantially larger percentage group revenue, expanding Senstar's opportunity set in intelligent sensing applications.

The Senstar and Blickfeld teams continue to strengthen collaboration and jointly promote LiDAR solutions across multiple regions, further streamlining go-to-market strategies and supporting long-term growth opportunities in intelligent sensing applications.

Mr. Haubert continued, "Our focus remains on executing against our pipeline, improving visibility, and converting opportunities into revenue as market conditions normalize. Supported by a strong balance sheet, we believe Senstar remains well positioned to capitalize on growing demand for intelligent security and sensing solutions." 

First Quarter 2026 Financial Results Summary

Revenue for the first quarter of 2026 was $8.1 million, a decline of 4% compared with $8.4 million in the first quarter of 2025. First quarter gross profit was $4.9 million, or 60.0% gross margin, compared with $5.7 million, or 67.2% of revenue, in the year ago quarter. The variation in gross margin was primarily due to changes in product mix and lower seasonal volume.

Operating expenses were $5.5 million, an 18% increase compared to $4.6 million in the prior-year first quarter. The increase was primarily attributable to the acquisition of Blickfeld on February 13, 2026, as well as the timing of a major trade show and event-related expenditures, which occurred earlier in the year compared to the prior-year period. In addition, the acquisition contributed incremental operating expenses ahead of a full-quarter revenue contribution, resulting in a temporary imbalance between revenue and expenses during the quarter.

First quarter of 2026 operating loss of $(0.6) million compares to operating income of $1.0 million in the year-ago period. The decline is primarily attributable to lower revenue and the inclusion of Blickfeld on a consolidated basis.

Financial loss was $(49,000) compared to financial income of $269,000 in the first quarter last year.

Net loss in the first quarter of 2026 was $(0.8) million, or $(0.04) per share compared to net income of $1.0 million, or $0.04 per share in the first quarter of last year.

EBITDA for the first quarter of 2026 was $(403,000) versus $1.2 million in the first quarter of 2025.

Cash and cash equivalents and short term bank deposits of $10.6 million or $0.45 per share as of March 31, 2026, excluding restricted cash of $0.9 million, compared with $22.5 million, or $0.96 per share, at December 31, 2025.

Earnings Conference Call Information:

The Company will host a conference call later today, May 26, 2026. The call will begin promptly at 9:00 a.m. Eastern Time. The Company requests that participants dial in 10 minutes before the conference call commences and use the conference ID number 13760900.

Participant Dial-in Numbers:
Toll Free: 1-877-407-9716
Toll/International: 1-201-493-6779

The conference call will also be available via a live webcast at:
https://viavid.webcasts.com/starthere.jsp?ei=1765342&tp_key=dcdad435ba

Replay Dial-in Numbers:
Toll Free: 1-844-512-2921
Toll/International: 1-412-317-6671
Replay Pin Number: 13760900

About Senstar Technologies Corporation

With innovative perimeter intrusion detection systems (including fence sensors, buried sensors, and above ground sensors), intelligent video-management, video analytics, and access control, Senstar offers a comprehensive suite of proven, integrated solutions that reduce complexity, improve performance, and unify support. For 40 years, Senstar has been safeguarding people, places, and property for organizations around the world, with a special focus on utilities, logistics, correction facilities and energy markets.

Cautionary Statement Regarding Forward-Looking Statements

This communication contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario), which we refer to collectively as forward-looking statements. These forward-looking statements are not limited to historical facts, but reflect Senstar's current beliefs, expectations or intentions regarding future events. Words such as "may," "will," "could," "should," "expect," "plan," "project," "intend," "anticipate," "believe," "seek," "estimate," "predict," "potential," "pursue," "target," "continue," and similar expressions are intended to identify such forward-looking statements. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties that could cause our actual results to differ materially from any future results expressed or implied by the forward-looking statements. Many factors could cause actual activities or results to differ materially from the activities and results anticipated in forward-looking statements. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including those risks discussed under the heading "Risk Factors" in Senstar's most recent Annual Report on Form 20-F filed with the SEC and in other filings with the SEC. These forward-looking statements are made only as of the date hereof, and, except as required by applicable law or regulation, Senstar undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

For more information:
Senstar Technologies Corporation
Alicia Kelly,
Chief Financial Officer
Alicia.Kelly@senstar.com

IR Contact:
Hayden IR
Corbin Woodhull,
Managing Director
Corbin@HaydenIR.com
+1-602-476-1821

-- Tables follow –

SENSTAR TECHNOLOGIES CORPORATION
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(All numbers except EPS expressed in thousands of US$)
	Three Months Ended March 31,
	2026		2025	% change
Revenue	8,084		8,448	(4)
Cost of revenue	3,235		2,775	17
Gross profit	4,849		5,673	(15)
Operating expenses:
Research and development, net	1,046		900	16
Selling and marketing	2,511		2,265	11
General and administrative	1,896		1,461	30
Total operating expenses	5,453		4,626	18
Operating income (loss)	(603)		1,047
Financial income (expenses), net	(49)		269
Income (loss) before income taxes	(627)		1,316
Taxes on income (tax benefits)	179		297
Net income (loss)	(832)		1,019
Basic and diluted net income (loss) per share	$(0.04)		$0.04
Weighted average number of shares used in computing basic net income (loss) per share	23,331,653		23,326,653
Weighted average number of shares used in computing diluted net income (loss) per share	23,439,685		23,332,362

 

 

SENSTAR TECHNOLOGIES CORPORATION
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS METRICS
(All numbers except EPS expressed in thousands of US$)
	Three Months Ended March 31,
	2026 %		2025 %
Gross margin	60.0		67.2
Research and development, net as a % of revenues	12.9		10.7
Selling and marketing as a % of revenues	31.1		26.8
General and administrative as a % of revenues	23.5		17.3
Operating margin	-		12.4
Net margin	-		12.1

 

 

SENSTAR TECHNOLOGIES CORPORATION
RECONCILIATION OF EBITDA TO NET INCOME (LOSS)
(All numbers expressed in thousands of US$)
	Three Months Ended March 31,
	2026		2025
Net income (loss)	(832)		1,019
Add: Financial expense, net	49		-
Less: Financial income, net	-		269
Add: Taxes on income (tax benefits)	179		297
Add: Depreciation and amortization	201		160
EBITDA	(403)		1,207

 

 

SENSTAR TECHNOLOGIES CORPORATION
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(All numbers expressed in thousands of US$)
	March 31, 2026		December 31, 2025
CURRENT ASSETS:
Cash and cash equivalents	$10,467		$22,341
Short-term bank deposits	125		127
Restricted cash and deposits	896		6
Trade receivables, net	7,541		9,840
Unbilled accounts receivable	189		219
Other accounts receivable and prepaid expenses	4,259		2,710
Inventories	7,762		5,591
Total current assets	31,239		40,834
LONG TERM ASSETS:
Deferred tax assets	599		671
Operating lease right-of-use assets	540		549
Total long-term assets	1,139		1,220
PROPERTY AND EQUIPMENT, NET	2,522		1,622
INTANGIBLES AND GOODWILL	19,443		10,991
TOTAL ASSETS	$54,343		$54,668

 

 

SENSTAR TECHNOLOGIES CORPORATION
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(All numbers expressed in thousands of US$)
	March 31, 2026		December 31, 2025
CURRENT LIABILITIES:
Trade payables	$1,879		$1,889
Deferred revenues and customer advances	2,800		2,884
Other accounts payable and accrued expenses	5,009		3,993
Short-term operating lease liabilities	265		269
Total current liabilities	9,953		9,035
LONG-TERM LIABILITIES:
Deferred revenues	1,450		1,510
Deferred tax liabilities	570		580
Long-term operating lease liabilities	284		289
Other long-term liabilities	29		38
Total long-term liabilities	2,333		2,417
SHAREHOLDERS' EQUITY
Share Capital: Common shares - 39,748,000 shares authorized -
No par value, 23,331,653 shares issued and outstanding at March 31, 2026           and at December 31, 2025	-		-
Additional paid-in capital	38,005		38,005
Accumulated other comprehensive income (loss)	(310)		(507)
Foreign currency translation adjustments (stand-alone financial statements)	9,170		9,664
Accumulated deficit	(4,808)		(3,946)
TOTAL SHAREHOLDERS' EQUITY	42,057		43,216
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$54,343		$54,668

 

Logo: https://mma.prnewswire.com/media/2747363/5463351/Senstar_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/senstar-technologies-corporation-reports-first-quarter-2026-financial-results-302781358.html

SOURCE Senstar Technologies Corporation

FAQ

What were Senstar Technologies (NASDAQ:SNT) first quarter 2026 earnings results?

Senstar reported Q1 2026 revenue of $8.1 million and a net loss of $0.8 million, or $0.04 per share. According to Senstar, gross margin was 60.0% and EBITDA was $(403,000), compared with $1.2 million EBITDA in the first quarter of 2025.

Why did Senstar Technologies (SNT) post a net loss in Q1 2026?

Senstar posted a Q1 2026 net loss mainly due to lower revenue and higher operating expenses. According to Senstar, revenue declined 4% year over year while operating expenses increased 18% to $5.5 million, including Blickfeld-related costs and earlier trade show and event expenditures.

How did the Blickfeld acquisition impact Senstar Technologies (SNT) first quarter 2026 results?

The Blickfeld acquisition increased Senstar’s operating expenses ahead of a full-quarter revenue contribution. According to Senstar, this created a temporary imbalance between revenue and expenses in Q1 2026, contributing to the operating loss, while also enhancing long-term LiDAR and intelligent sensing growth opportunities.

How is Senstar Technologies’ (SNT) LiDAR business performing after Q1 2026?

Senstar’s LiDAR-related activity showed strong momentum in Q1 2026. According to Senstar, consolidated LiDAR sales increased approximately fourfold versus Q1 2025 and represented a substantially larger percentage of group revenue, supported by collaboration between the Senstar and Blickfeld teams across multiple regions.

What is Senstar Technologies’ (NASDAQ:SNT) cash and debt position after Q1 2026?

Senstar ended Q1 2026 with $10.6 million in cash, cash equivalents and short-term deposits, or $0.45 per share. According to Senstar, this excludes $0.9 million of restricted cash, and the company had no debt as of March 31, 2026.

How did Senstar Technologies’ margins and expenses change in Q1 2026?

Senstar’s Q1 2026 gross margin was 60.0%, down from 67.2% a year earlier. According to Senstar, operating expenses rose 18% to $5.5 million, driven by the Blickfeld acquisition and timing of a major trade show and event-related spending.

How can investors access the Senstar Technologies (SNT) Q1 2026 earnings call replay?

Investors can access the Q1 2026 earnings call replay via telephone using replay PIN 13760900. According to Senstar, toll-free replay is available at 1-844-512-2921 and international replay at 1-412-317-6671, following the May 26, 2026 conference call.