Q3 26 EPS
$0.15
BEAT +26.37%
Est. $0.12
Q3 26 Revenue
$416.0M
BEAT +4.25%
Est. $399.0M
vs S&P Since Q3 26
-30.6%
TRAILING MARKET
IOT -23.7% vs S&P +6.9%
Market Reaction
Did IOT Beat Earnings? Q3 2026 Results
Samsara delivered a standout third quarter of fiscal 2026, beating Wall Street expectations on both the top and bottom lines as accelerating enterprise adoption and sharply expanding operating leverage drove results well ahead of forecasts. The conne… Read more Samsara delivered a standout third quarter of fiscal 2026, beating Wall Street expectations on both the top and bottom lines as accelerating enterprise adoption and sharply expanding operating leverage drove results well ahead of forecasts. The connected operations software company posted revenue of $415.98 million, up 29.2% year over year and ahead of the $399.01 million consensus by 4.25%, while non-GAAP EPS of $0.15 beat the $0.12 estimate by 26.37%, extending the company's streak of consensus EPS beats to four consecutive quarters. The clearest driver behind the outperformance was deepening enterprise penetration: Samsara added a record 219 customers with annual recurring revenue above $100,000 in the quarter, pushing total ARR to $1.75 billion, up 29% year over year. Non-GAAP operating margin expanded 800 basis points to 19%, while the company swung to GAAP net income of $7.77 million from a loss of $37.81 million a year ago, a shift that sent shares sharply higher in the aftermath of the report. Looking ahead, Samsara guided Q4 revenue of $421 million to $423 million and full-year fiscal 2026 revenue of $1.59 billion to $1.60 billion, implying continued 28% annual growth.
Key Takeaways
- • 29% YoY revenue growth in actuals and constant currency
- • ARR reached $1.745 billion, up 29% YoY
- • Quarterly record of 219 net-new $100K+ ARR customers added in Q3
- • $100K+ ARR customer cohort now represents over $1 billion in ARR, growing 36% YoY
- • Non-GAAP operating margin expanded to 19% from 11% YoY
- • Free cash flow margin expanded to 13% from 10% YoY
- • GAAP net income of $7.8 million vs. GAAP net loss of $37.8 million a year ago
IOT YoY Financials
Q3 2026 vs Q3 2025, source: SEC Filings
“Samsara had another strong quarter of durable and efficient growth, ending Q3 with $1.75 billion in ARR.”
— Sanjit Biswas, Q3 2026 Earnings Press Release
IOT Earnings Trends
IOT vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
IOT EPS Trend
Earnings per share: estimate vs actual
IOT Revenue Trend
Quarterly revenue: estimate vs actual
IOT Quarterly Results
8 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 BEAT | $0.13 | $0.17 | +30.47% | $478.8M | +5.20% |
| Q4 26 BEAT FY | $0.13 | $0.18 | +40.85% | $444.3M | +5.20% |
| FY Full Year | — | $0.56 | — | $1.62B | — |
| Q3 26 BEAT | $0.12 | $0.15 | +26.37% | $416.0M | +4.25% |
| Q2 26 BEAT | $0.07 | $0.12 | +65.52% | $391.5M | +5.17% |
| Q1 26 BEAT | $0.06 | $0.11 | +91.64% | $366.9M | +4.39% |
| Q4 25 BEAT FY | $0.07 | $0.11 | +55.81% | $346.3M | +3.27% |
| FY Full Year | $0.22 | $0.26 | +17.22% | $1.25B | +0.82% |
| Q3 25 BEAT | $0.04 | $0.07 | +74.13% | $322.0M | +3.68% |
| Q2 23 BEAT | $-0.07 | $-0.04 | +42.86% | $153.5M | +7.36% |