How did Samsara's revenue and customer growth perform in the first quarter of fiscal 2026?

Total revenue was $366.9 million, up 31% year over year, or 32% adjusted for constant currency. Ending ARR reached $1.535 billion, up 31%, and the number of customers with ARR over $100,000 rose to 2,638, representing 35% year-over-year growth.

Did Samsara's profitability improve compared with the prior-year quarter?

Yes. The GAAP operating loss narrowed to $33.3 million from $66.0 million, and the GAAP operating margin improved to (9%) from (24%). Non-GAAP operating income rose to $51.1 million, a 14% margin, from $6.2 million (2%). GAAP net loss per share improved to $(0.04) from $(0.10).

What guidance did Samsara provide for the second quarter and full fiscal 2026?

For Q2 FY2026, the company expects total revenue of $371 million to $373 million, 24% year-over-year growth, and a 9% non-GAAP operating margin. For FY2026, it expects revenue of $1.547 billion to $1.555 billion, 24% growth (24% to 25% adjusted for constant currency), a 13% non-GAAP operating margin, and non-GAAP diluted EPS of $0.39 to $0.41. Constant currency is expected to be a headwind of approximately $1 million in Q2 and $2 million for FY26.

How much cash did the business generate in the quarter?

Net cash provided by operating activities was $52.6 million, a 14% margin, compared with $23.7 million a year earlier. Adjusted free cash flow was $45.7 million, a 12% margin, compared with $18.6 million.

What upcoming events could provide more information for investors?

Samsara will host an Investor Day on Tuesday, June 24, 2025, at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time), in conjunction with its Samsara Beyond customer conference in San Diego, California, where it will provide additional insights into its trajectory and the state of physical operations. A live webcast of the Investor Day is available.

IOT 8-K: Earnings & Results

01—Abstract

Summary

Summary of the 8-K filed June 5, 2025. Cited figures are marked; the original filing is the authoritative source.

Samsara Inc. (NYSE: IOT) reported financial results for the first quarter of fiscal year 2026, the three months ended May 3, 2025, in a press release furnished as Exhibit 99.1 to this Form 8-K.

Total revenue was $366.9 million^a, up 31% year over year, or 32% adjusted for constant currency. Ending Annual Recurring Revenue (ARR) was $1.535 billion, up 31% year over year, and the company had 2,638 customers with ARR over $100,000, representing 35% year-over-year growth. Profitability improved substantially.

GAAP operating loss narrowed to $33.3 million^b (a (9%) GAAP operating margin) from $66.0 million a year earlier, while non-GAAP operating income was $51.1 million, a 14% non-GAAP operating margin, versus $6.2 million (2%) in the prior-year quarter. GAAP net loss per share was $(0.04), compared with $(0.10), and non-GAAP net income per share was $0.11, compared with $0.03. Net cash provided by operating activities was $52.6 million and adjusted free cash flow was $45.7 million, a 12% margin.

For the second quarter of fiscal 2026, Samsara expects total revenue of $371 million to $373 million^c, with 24% year-over-year growth, and a 9% non-GAAP operating margin. For full fiscal 2026, it expects revenue of $1.547 billion to $1.555 billion (24% to 25% growth adjusted for constant currency), a 13% non-GAAP operating margin, and non-GAAP diluted EPS of $0.39 to $0.41. The company also plans an Investor Day on June 24, 2025, held alongside its Samsara Beyond customer conference in San Diego.

02—Key points

Key Highlights

Q1 FY2026 revenue of $366.9 million, up 31% year over year (32% adjusted for constant currency)
Ending ARR of $1.535 billion, up 31% year over year; 2,638 customers with ARR over $100,000, up 35%
GAAP operating loss narrowed to $(33.3) million from $(66.0) million; GAAP operating margin of (9%) versus (24%) a year earlier
Non-GAAP operating income of $51.1 million, a 14% margin, compared with $6.2 million (2%) in the prior-year quarter
Operating cash flow of $52.6 million and adjusted free cash flow of $45.7 million (12% margin)
FY2026 guidance: revenue of $1.547 billion to $1.555 billion and a 13% non-GAAP operating margin; Q2 revenue guidance of $371 million to $373 million
Investor Day scheduled for June 24, 2025 at 2:30 p.m. Pacific Time, in conjunction with the Samsara Beyond customer conference in San Diego

03—Questions

Frequently Asked Questions

How did Samsara's revenue and customer growth perform in the first quarter of fiscal 2026?
Total revenue was $366.9 million, up 31% year over year, or 32% adjusted for constant currency. Ending ARR reached $1.535 billion, up 31%, and the number of customers with ARR over $100,000 rose to 2,638, representing 35% year-over-year growth.
Did Samsara's profitability improve compared with the prior-year quarter?
Yes. The GAAP operating loss narrowed to $33.3 million from $66.0 million, and the GAAP operating margin improved to (9%) from (24%). Non-GAAP operating income rose to $51.1 million, a 14% margin, from $6.2 million (2%). GAAP net loss per share improved to $(0.04) from $(0.10).
What guidance did Samsara provide for the second quarter and full fiscal 2026?
For Q2 FY2026, the company expects total revenue of $371 million to $373 million, 24% year-over-year growth, and a 9% non-GAAP operating margin. For FY2026, it expects revenue of $1.547 billion to $1.555 billion, 24% growth (24% to 25% adjusted for constant currency), a 13% non-GAAP operating margin, and non-GAAP diluted EPS of $0.39 to $0.41. Constant currency is expected to be a headwind of approximately $1 million in Q2 and $2 million for FY26.
How much cash did the business generate in the quarter?
Net cash provided by operating activities was $52.6 million, a 14% margin, compared with $23.7 million a year earlier. Adjusted free cash flow was $45.7 million, a 12% margin, compared with $18.6 million.
What upcoming events could provide more information for investors?
Samsara will host an Investor Day on Tuesday, June 24, 2025, at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time), in conjunction with its Samsara Beyond customer conference in San Diego, California, where it will provide additional insights into its trajectory and the state of physical operations. A live webcast of the Investor Day is available.

04—Continue

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