Q4 25 EPS

$0.11

BEAT +55.81%

Est. $0.07

Q4 25 Revenue

$346.3M

BEAT +3.27%

Est. $335.3M

vs S&P Since Q4 25

-48.3%

TRAILING MARKET

IOT -21.0% vs S&P +27.3%

Full Year 2025 Results

FY 25 EPS

$0.26

BEAT +17.22%

Est. $0.22

FY 25 Revenue

$1.25B

BEAT +0.82%

Est. $1.24B

Market Reaction

Did IOT Beat Earnings? Q4 2025 Results

Samsara closed out fiscal 2025 on a strong note, posting Q4 revenue of $346.29 million, up 25.3% year-over-year and ahead of the $335.33 million consensus estimate, while non-GAAP diluted EPS of $0.11 beat the $0.07 analyst forecast by 55.81%. The mo… Read more Samsara closed out fiscal 2025 on a strong note, posting Q4 revenue of $346.29 million, up 25.3% year-over-year and ahead of the $335.33 million consensus estimate, while non-GAAP diluted EPS of $0.11 beat the $0.07 analyst forecast by 55.81%. The most material driver behind the quarter's profitability improvement was a dramatic expansion in non-GAAP operating income, which reached $55.90 million at a 16% margin, compared to just 5% in the year-ago period, as the company's Connected Operations platform scaled efficiently across transportation, logistics, and construction customers. Annual Recurring Revenue climbed 32% year-over-year to $1.46 billion, with 2,506 customers now contributing over $100,000 in ARR. The company also swung to positive free cash flow of $48.51 million, against negative cash flow a year ago. Looking ahead, Samsara guided Q1 FY2026 revenue of $350 million to $352 million and full-year FY2026 revenue of $1.52 billion to $1.53 billion, implying 22% to 23% growth, with non-GAAP EPS of $0.32 to $0.34 for the year.

Key Takeaways

  • 32% year-over-year ARR growth to $1.458 billion
  • 36% growth in customers with ARR over $100,000 to 2,506 customers
  • Non-GAAP operating margin expansion to 16% in Q4 from 5% year-ago
  • Free cash flow margin of 14% in Q4 vs negative 16% in Q4 FY24
  • GAAP gross margin improved 2 percentage points to 77% in Q4
  • Adjusted revenue growth of 36% in Q4 after normalizing for extra week and constant currency
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IOT YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

“Fiscal year 2025 was another year of durable and efficient growth. We ended the year with close to $1.5 billion of ARR, achieving 33% year-over-year adjusted growth.”

— Sanjit Biswas, Q4 2025 Earnings Press Release