Companies /Technology

Samsara Inc - Class A

NYSE: IOT Software - Infrastructure
$41.88
â–² $2.04 (+5.11%) today
Markets closed · 4:57pm ET

Q4 2025 Earnings

Reported Mar 6, 2025, 4:10pm ET · SEC source
$0.11
Beat +55.81%
EPS · est. $0.07
$346.3M
Beat +3.27%
Revenue · est. $335.3M
+10.4%
Beating market
IOT vs S&P since report
8 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−7%0+7%+14%Mar 6Mar 7report 4:10pm ETearnings+0.1%−4.6%
−7%0+7%+14%Mar 6Mar 7earnings+0.1%−4.6%
IOT −4.6%S&P 500 +0.1%
−7%0+7%+14%Mar 6Mar 7report 4:10pm ETearnings+0.3%−4.8%
−7%0+7%+14%Mar 6Mar 7earnings+0.3%−4.8%
IOT −4.8%NASDAQ +0.3%
−16%−8%0+8%Mar 5Mar 14report 4:10pm ETearnings−2.2%−4.5%
−16%−8%0+8%Mar 5Mar 14earnings−2.2%−4.5%
IOT −4.5%S&P 500 −2.2%
−16%−8%0+8%Mar 5Mar 14report 4:10pm ETearnings−2.4%−4.5%
−16%−8%0+8%Mar 5Mar 14earnings−2.4%−4.5%
IOT −4.5%NASDAQ −2.4%
−15.57%
Day of report
−3.68%
Next session
+7.64%
One week
−3.39%
30 days

S&P 500 over the same 30 days: −13.79%.

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 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

“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.”

Samsara CEO, on the earnings call

Forward Guidance & Outlook

For Q1 FY2026, Samsara expects total revenue of $350 million to $352 million (25% YoY growth, 26%-27% constant currency), non-GAAP operating margin of 7%, and non-GAAP diluted EPS of $0.05 to $0.06. For full-year FY2026, the company guides revenue of $1.523 billion to $1.533 billion (22%-23% growth, 23%-24% constant currency), non-GAAP operating margin of 11%, and non-GAAP diluted EPS of $0.32 to $0.34. Constant currency impact on revenue guidance is expected to be approximately $5 million for Q1 FY26 and approximately $11 million for FY26.

IOT YoY Financials

Q4 2025 vs Q4 2024 · SEC filings Q4 2024 Q4 2025
$0$200.0M$276.3M$346.3MRevenue$207.3M$266.0MGross Profit$-11,083,554$-18,412,000Operating Income$-5,892,068$-11,202,000Net Income
$0$200.0MRevenueGross ProfitOperating IncomeNet Income

Figures from SEC filings and company reports. Not investment advice.