Senstar Technologies Corporation filed its third-quarter 2026 financial results on November 6, 2026, reporting record quarterly revenue of $13.1 million for the three months ended September 30, 2026.

Key Highlights

  • Record quarterly revenue: Revenue reached $13.1 million in Q3 2026, a 37% increase compared with $9.5 million in Q3 2025.
  • Net income growth: U.S. GAAP net income was $1.5 million, or $0.07 per share, versus $1.0 million, or $0.04 per share, in the year-ago quarter.
  • Adjusted EBITDA: Adjusted EBITDA reached $2.1 million, a 55% year-over-year increase from $1.3 million in Q3 2025.
  • LiDAR sales more than doubled: LiDAR sales more than doubled versus the year-ago period, according to the filing.
  • Geographic growth: U.S. market revenue increased 23%, while EMEA and APAC each grew 50% compared to the prior-year period.
  • Cash position: Cash and short-term bank deposits were $8.4 million, or $0.36 per share, as of September 30, 2026, excluding restricted cash of $0.1 million, with no debt reported.
  • Nine-month revenue: Revenue for the nine months ended September 30, 2026 was $31.6 million, a 14% increase from $27.6 million in the comparable prior-year period.

Senstar's Third Quarter 2026 Financial Performance and Blickfeld Integration

According to the filing, Senstar Technologies Corporation (NASDAQ:SNT) reported third-quarter 2026 revenue of $13.1 million, up 37% from $9.5 million in the third quarter of 2025. Gross profit was $8.7 million, representing a gross margin of 66.3%, compared with $6.4 million, or 67.3% of revenue, in the year-ago quarter. The company attributed the variation in gross margin primarily to product mix.

Operating expenses were $6.8 million, an increase of 29% compared to $5.2 million in Q3 2025. The filing noted that of the $1.5 million increase, approximately $1.3 million related to the integration of Blickfeld, and the remaining $0.2 million reflected a bad debt reserve related to a specific customer receivable. Operating income for Q3 2026 was $1.9 million, compared with $1.1 million in the year-ago period. Financial loss was $126,000 for Q3 2026, compared with financial income of $282,000 in Q3 2025.

The filing disclosed that the purchase accounting for the Blickfeld acquisition remains preliminary while the company completes the valuation of acquired inventory, fixed assets, and identifiable intangible assets, noting that "the resulting allocation may affect cost of sales, depreciation and amortization, and reported results." The company stated that Blickfeld delivered its second consecutive quarter of EBITDA profitability. Adjusted EBITDA, described as a non-GAAP measure, is calculated by adjusting net income for net financial income or expense, including foreign-exchange gains and losses, income taxes, depreciation and amortization. The filing noted that the measure was previously referred to as EBITDA and that the revised label and separate presentation of foreign-exchange adjustments do not change previously reported amounts.

What Was Disclosed

Senstar Technologies disclosed its Q3 and nine-month 2026 financial results, reporting record quarterly revenue, net income growth, and a 55% rise in Adjusted EBITDA year-over-year, alongside the preliminary status of Blickfeld acquisition purchase accounting.