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Senstar Reports Modest Q1 Revenue Drop as LiDAR and EMEA Drive Growth

The company says project timing and a U.S. federal shutdown held back results and it expects pipeline conversion and new product rollouts to lift performance later in 2026.

Overview

  • Senstar posted $8.1 million in consolidated revenue for Q1 2026, a 4% decline from the prior year that management tied to project timing delays and interruptions in U.S. federal procurement.
  • The company recorded weaker profitability in the quarter with gross margin falling to about 60 percent, an operating loss of roughly $603,000, and a net loss near $800,000.
  • LiDAR sales grew about fourfold year over year and now make up roughly 11 percent of revenue after Senstar integrated Blickfeld’s technology and go‑to‑market reach.
  • EMEA demand surged with revenue rising about 43 percent, helping offset a roughly 20 percent decline in North American revenue driven by softer U.S. corrections activity.
  • Management expressed confidence in a strengthened sales pipeline and said it plans new product introductions in the second half of 2026 that it expects will convert into improved results.