Senstar Reports Q1 $603K Operating Loss, 4% Revenue Drop and 43% EMEA Growth
SNT•Senstar posted a Q1 operating loss of $603,000 versus $1.0M profit a year earlier on revenue down 4% to $8.1M, with gross margin at 60% versus 67.2% and cash at $10.6M (down from $22.5M). LiDAR revenue hit 11% of sales; EMEA sales rose 43%; two new products launch H2 2026.
1. Q1 Financial Performance
Senstar reported consolidated revenue of $8.1 million in Q1, down 4% year-over-year, and posted an operating loss of $603,000 versus a $1.0 million gain last year. Gross margin fell to 60% from 67.2%, net loss totaled $800,000, cash declined to $10.6 million, and U.S. correction market delays weighed on procurement.
2. Growth Drivers: LiDAR and EMEA
LiDAR solutions drove 11% of total revenue, with non-security volume metering and traffic monitoring applications gaining traction. EMEA region revenue surged 43% year-over-year, fueled by demand across utilities, telecom, energy and military sectors.
3. Future Outlook: Product Launches and Pipeline
Senstar plans to launch two innovative products in H2 2026 to enhance competitive positioning and expand within existing accounts. Management noted a growing LiDAR sales pipeline and anticipates further market penetration beyond security, supported by distributor networks and new verticals.
