Senstar Technologies Corporation Reports Second Quarter 2026 Financial Results

Rhea-AI Summary

Senstar Technologies (NASDAQ:SNT) reported Q2 2026 revenue of $10.4 million, up 8% from $9.7 million a year earlier, with gross margin of 64.2% versus 66.1%.

Operating income was $0.3 million compared with $1.0 million in Q2 2025, as operating expenses rose 18% to $6.4 million, mainly from higher R&D and costs related to the Blickfeld acquisition. Net income declined to $0.4 million ($0.02 per share) from $1.2 million ($0.05 per share), while EBITDA decreased to $0.6 million from $1.1 million.

For the first six months of 2026, revenue increased 2% to $18.5 million, but the company posted a net loss of $0.5 million versus net income of $2.2 million in the prior-year period. Cash and short-term deposits were $8.0 million with no debt at June 30, 2026, compared to $22.5 million at December 31, 2025.

Positive

• Revenue +8% YoY to $10.4 million in Q2 2026
• Gross profit up to $6.7 million, a 5% YoY increase
• Financial result improvement from $0.33 million loss to $0.06 million income in Q2
• No debt and $8.0 million in cash and short-term deposits at June 30, 2026

Negative

• Q2 net income down to $0.4 million from $1.2 million YoY
• Operating margin compression to 3.3% from 10.1% in Q2 2025
• Six-month 2026 net loss of $0.5 million versus $2.2 million income in 2025
• EBITDA decline to $0.6 million from $1.1 million in Q2 2025
• Operating expenses +18% YoY to $6.4 million in Q2 2026
• Cash and short-term deposits down to $8.0 million from $22.5 million at year-end 2025

Market Context

Current short positioning was categorized as low in the platform data. That context leaves the quart...

Analysis

Current short positioning was categorized as low in the platform data. That context leaves the quarter's 8% revenue growth to weigh against lower profitability and cash, while U.S. corrections project delays remain a stated execution risk.

Key Figures

Revenue: $10.4 million, up 8% Gross Margin: 64.2% Operating Expenses: $6.4 million, up 18% +5 more

8 metrics

Revenue $10.4 million, up 8% Q2 2026 versus $9.7 million in Q2 2025

Gross Margin 64.2% Q2 2026 versus 66.1% in Q2 2025

Operating Expenses $6.4 million, up 18% Q2 2026 versus $5.4 million in Q2 2025

Operating Income $0.3 million Q2 2026 versus $1.0 million in Q2 2025

Net Income $0.4 million Q2 2026 versus $1.2 million in Q2 2025

EPS $0.02 per share Q2 2026 versus $0.05 per share in Q2 2025

EBITDA $0.6 million Q2 2026 versus $1.1 million in Q2 2025

Cash and Deposits $8.0 million As of June 30, 2026, versus $22.5 million at December 31, 2025

Previous Earnings Reports

5 past events · Latest: May 26 (Negative)

Same Type Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 26	Q1 2026 earnings	Negative	-2.1%	Revenue declined while operating expenses rose, producing an operating and net loss.
Apr 23	Q4 2025 earnings	Negative	+1.3%	Fourth-quarter revenue declined and the company reported a small net loss.
Nov 25	Q3 2025 earnings	Negative	-18.3%	Quarterly revenue declined despite positive net income and EBITDA.
Aug 25	Q2 2025 earnings	Positive	-3.9%	Revenue, margin, net income, and EBITDA improved year over year.
May 27	Q1 2025 earnings	Positive	+3.5%	Revenue, margin, net income, and EBITDA improved from the prior year.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Earnings releases produced mixed reactions, with 3 aligned and 2 divergent outcomes; the tag-specific average move was -3.9%.

Key Terms

ebitda, lidar, gross margin

3 terms

ebitda financial

"EBITDA for the second quarter of 2026 was $0.6 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.

View in glossary

lidar technical

"LiDAR once again delivered a standout performance"

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.

gross margin financial

"Second quarter gross profit was $6.7 million, or 64.2% gross margin"

Gross margin is the difference between how much money a company makes from selling its products and how much it costs to produce them, expressed as a percentage of sales. It shows how efficiently a company is turning sales into profit before other expenses like marketing or salaries. Higher gross margin means the company keeps more money from each sale, which is a good sign of financial health.

View in glossary

AI-generated analysis. How Rhea-AI works. Not financial advice.

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OTTAWA, ON, Aug. 25, 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 and six months ended June 30, 2026. Management will hold an investors' conference call later today (at 9 a.m. Eastern Time) to discuss the results.

Second Quarter 2026 Business Summary:

(Second quarter 2026 results for the three months ended June 30, 2026, compared to the comparable three-month period of 2025, except as otherwise noted.)

• Revenue increases 8% year-over-year to $10.4 million with gross margin of 64.2% versus revenue of $9.7 million with gross margin of 66.1%
• Net income of $0.4 million compared to net income of $1.2 million in the second quarter of last year, driven by diligent investments in innovative security solutions.
• Cash and short-term bank deposits balance of $8.0 million, excluding restricted cash of $0.1 million, and the Company had no debt as of June 30, 2026, compared with $22.5 million cash balance as of December 31, 2025

Mr. Fabien Haubert, Chief Executive Officer of Senstar Technologies, stated, "Our second quarter results reflect the continued execution of our strategy and a successful return to growth and profitability, with revenue increasing by 8% over the year-ago quarter. LiDAR once again delivered a standout performance, delivering strong growth and further solidifying its role as a material driver of our overall growth trajectory. This momentum provides clear validation that Senstar's sales infrastructure is accelerating Blickfeld's growth. The combined business is generating meaningful synergies, with Blickfeld delivering a profitable EBITDA in Q2, an important milestone that demonstrates the strategic rationale behind the combination. The integration is progressing on schedule, already unlocking efficiency gains and broadening our addressable markets."

Mr. Haubert continued, "The underlying demand environment for our solutions remains robust, with particularly strong momentum in the EMEA and APAC regions supported by notable strength from utilities, data centers, and airports. While our U.S. corrections vertical continues to face temporary impacts from government shutdown related project delays, our pipeline remains healthy and we expect a solid resumption of activity throughout second half of this year. We continue to prioritize improved revenue conversion and are generating meaningful progress in advancing previously delayed projects into scalable deployments. We remain confident in our strategy and ability to deliver sustainable, profitable growth as we execute on our strategic initiatives through the balance of 2026."

Second Quarter 2026 Financial Results Summary

Revenue for the second quarter of 2026 was $10.4 million, an increase of 8% compared with $9.7 million in the second quarter of 2025. Second quarter gross profit was $6.7 million, or 64.2% gross margin, compared with $6.4 million, or 66.1% of revenue, in the year-ago quarter. The variation in gross margin was primarily due to changes in product and customer mix and the inclusion of Blickfeld in the consolidated results.

Operating expenses were $6.4 million, an increase of 18% compared to the prior year's second quarter operating expenses of $5.4 million. The increase in operating expenses is primarily attributable to targeted investments in innovative security solutions, and costs associated with the Blickfeld acquisition, both of which are aimed at generating sustainable long-term growth.

Second quarter of 2026 operating income of $0.3 million compares to operating income of $1.0 million in the year-ago period. The decline is primarily attributable to the inclusion of Blickfeld on a consolidated basis.

Financial income was $61,000 for the second quarter of 2026, an improvement compared to financial loss of ($330,000) in the second quarter last year.

Net income in the second quarter of 2026 was $0.4 million, or $0.02 per share compared to net income of $1.2 million, or $0.05 per share in the second quarter of last year.

EBITDA for the second quarter of 2026 was $0.6 million versus $1.1 million in the second quarter of 2025.

Cash and cash equivalents and short-term bank deposits of $8.0 million, or $0.34 per share as of June 30, 2026, excluding restricted cash of $0.1 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, August 25, 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 13761365.

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=1768265&tp_key=69ce239a68

Replay Dial-in Numbers:
Toll Free: 1-844-512-2921
Toll/International: 1-412-317-6671
Replay Pin Number: 13761365

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:                                                                      IR Contact:
Senstar Technologies Corporation                                                     Hayden IR
Alicia Kelly,                                                                                         Corbin Woodhull,
Chief Financial Officer                                                                        Managing Director
Alicia.Kelly@senstar.com                                                                   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 June 30,					Six Months Ended June 30,
	2026		2025	% change		2026		2025		% change
Revenue	10,447		9,654	8		18,531		18,102		2
Cost of revenue	3,740		3,274	14		6,974		6,049		15
Gross profit	6,707		6,380	5		11,557		12,053		(4)
Operating expenses:
Research and development, net	1,390		900	55		2,437		1,800		35
Selling and marketing	2,848		2,452	16		5,359		4,717		14
General and administrative	2,125		2,055	3		4,021		3,516		14
Total operating expenses	6,364		5,407	18		11,816		10,033		18
Operating income (loss)	343		973			(260)		2,020
Financial income (expenses), net	61		(330)			12		(61)
Income (loss) before income taxes	404		643			(248)		1,959
Taxes on income (tax benefits)	53		(581)			232		(284)
Net income (loss)	351		1,224			(480)		2,243
Basic and diluted net income (loss) per share	$0.02		$0.05			($0.02)		$0.10
Weighted average number of shares used in computing basic net income (loss) per share	23,331,653		23,328,191			23,331,653		23,327,426
Weighted average number of shares used in computing diluted  net income (loss) per share	23,331,653		23,335,835			23,385,669			23,334,103

 

SENSTAR TECHNOLOGIES CORPORATION  UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS METRICS (All numbers except EPS expressed in thousands of US$)
	Three Months Ended June 30,					Six Months Ended June 30,
	2026 %		2025 %			2026 %		2025 %
Gross margin	64.2		66.1			62.4		66.6
Research and development, net as a % of revenues	13.3		9.3			13.1		9.9
Selling and marketing as a % of revenues	27.3		25.4			28.9		26.1
General and administrative as a % of revenues	20.3		21.3			21.7		19.4
Operating margin	3.3		10.1			(1.4)		11.2
Net margin	3.4		12.7			(2.6)		12.4

 

SENSTAR TECHNOLOGIES CORPORATION  RECONCILIATION OF EBITDA TO NET INCOME (LOSS) (All numbers expressed in thousands of US$)
	Three Months Ended June 30,					Six Months Ended June 30,
	2026		2025			2026		2025
GAAP income (loss)	351		1,224			(480)		2,243
Add: Financial expense, net	-		330			-		61
Less: Financial income, net	(61)		-			(12)		-
Add: Taxes on income	53		-			232		-
Less: Tax benefits	-		(581)			-		(284)
Add: Depreciation and amortization	208		166			408		326
EBITDA	551		1,139			149		2,346

 

SENSTAR TECHNOLOGIES CORPORATION UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (All numbers expressed in thousands of US$)
	June 30,		December 31,
	2026		2025
CURRENT ASSETS:
Cash and cash equivalents	$7,875		$22,341
Short-term bank deposits	123		127
Restricted cash and deposits	124		6
Trade receivables, net	10,584		9,840
Unbilled accounts receivable	142		219
Other accounts receivable and prepaid expenses	3,707		2,710
Inventories	7,481		5,591
Total current assets	30,036		40,834
Long term ASSETS:
Deferred tax assets	463		671
Operating lease right-of-use assets	596		549
Total long-term assets	1,059		1,220
PROPERTY AND EQUIPMENT, NET	2,625		1,622
INTANGIBLE ASSETS AND GOODWILL	19,109		10,992
Total assets	$52,829		$54,668
SENSTAR TECHNOLOGIES CORPORATION UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (All numbers expressed in thousands of US$)
	June 30,		December 31,
	2026		2025
CURRENT LIABILITIES:
Trade payables	$1,458		$1,889
Deferred revenues and customer advances	2,992		2,884
Other accounts payable and accrued expenses	3,529		3,993
Short-term operating lease liabilities	410		269
Total current liabilities	8,389		9,035
LONG-TERM LIABILITIES:
Deferred revenues	1,556		1,510
Deferred tax liabilities	562		580
Long-term operating lease liabilities	188		289
Other long-term liabilities	200		38
Total long-term liabilities	2,506		2,417
SHAREHOLDERS' EQUITY
Share Capital: Common shares - 39,748,000 shares authorized -
No par value, 23,326,653 shares issued and outstanding at March 31, 2025 and at December 31, 2024	-		-
Additional paid-in capital	38,114		38,005
Accumulated other comprehensive income (loss)	(504)		(507)
Foreign currency translation adjustments (stand-alone financial statements)	8,750		9,664
Accumulated deficit	(4,426)		(3,946)
TOTAL SHAREHOLDERS' EQUITY	41,934		43,216
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$52,829		$54,668

 

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SOURCE Senstar Technologies Corporation

FAQ

How did Senstar Technologies (NASDAQ:SNT) perform financially in Q2 2026?

Senstar Technologies reported Q2 2026 revenue of $10.4 million and net income of $0.4 million. According to Senstar Technologies, revenue grew 8% year-over-year, but higher operating expenses reduced operating income to $0.3 million and EBITDA to $0.6 million compared with Q2 2025.

What were Senstar Technologies' key profitability metrics for Q2 2026 (SNT)?

Senstar Technologies posted Q2 2026 gross margin of 64.2% and operating margin of 3.3%. According to Senstar Technologies, net margin was 3.4%, with net income of $0.4 million, down from $1.2 million and a 12.7% net margin in the same quarter of 2025.

Did Senstar Technologies (SNT) grow revenue in the first half of 2026?

Yes, first-half 2026 revenue rose to $18.5 million from $18.1 million. According to Senstar Technologies, this 2% increase was accompanied by a shift to a $0.5 million net loss and an operating margin of -1.4%, compared with strong profitability in the prior-year period.

What is Senstar Technologies' cash position and debt level as of June 30, 2026?

Senstar Technologies held $8.0 million in cash and short-term bank deposits and reported no debt. According to Senstar Technologies, cash and deposits declined from $22.5 million at December 31, 2025, reflecting investment activity and the impact of the Blickfeld acquisition on the balance sheet.

How did operating expenses change for Senstar Technologies in Q2 2026?

Operating expenses increased to $6.4 million in Q2 2026, up 18% year-over-year. According to Senstar Technologies, the rise was mainly driven by higher research and development spending and costs linked to integrating the Blickfeld acquisition to support long-term growth initiatives.

What was Senstar Technologies' EBITDA for Q2 and the first half of 2026?

EBITDA was $0.6 million in Q2 2026 and $0.1 million for the first half. According to Senstar Technologies, this compares with $1.1 million in Q2 2025 and $2.3 million in the first half of 2025, reflecting higher operating costs and lower margins.