Companies /Technology

Samsara Inc - Class A

NYSE: IOT Software - Infrastructure
$41.88
â–² $2.04 (+5.11%) today
Markets closed · 5:14pm ET

Q3 2026 Earnings

Reported Dec 4, 2025, 4:12pm ET · SEC source
$0.15
Beat +26.37%
EPS · est. $0.12
$416.0M
Beat +4.25%
Revenue · est. $399.0M
−25.8%
Trailing market
IOT vs S&P since report
8 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
0+6%+12%+18%Dec 4Dec 5report 4:12pm ETearnings+0.2%+13.1%
0+6%+12%+18%Dec 4Dec 5earnings+0.2%+13.1%
IOT +13.1%S&P 500 +0.2%
0+6%+12%+18%Dec 4Dec 5report 4:12pm ETearnings+0.4%+13.1%
0+6%+12%+18%Dec 4Dec 5earnings+0.4%+13.1%
IOT +13.1%NASDAQ +0.4%
0+6%+12%Dec 3Dec 12report 4:12pm ETearnings−0.3%+2.1%
0+6%+12%Dec 3Dec 12earnings−0.3%+2.1%
IOT +2.1%S&P 500 −0.3%
0+6%+12%Dec 3Dec 12report 4:12pm ETearnings−1.5%+2.1%
0+6%+12%Dec 3Dec 12earnings−1.5%+2.1%
IOT +2.1%NASDAQ −1.5%
+11.08%
Day of report
−3.23%
Next session
−8.47%
One week
−25.25%
30 days

S&P 500 over the same 30 days: +0.56%.

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 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

“Samsara had another strong quarter of durable and efficient growth, ending Q3 with $1.75 billion in ARR.”

Samsara CEO, on the earnings call

Forward Guidance & Outlook

For Q4 FY2026, Samsara expects total revenue of $421 million to $423 million (22% YoY growth), non-GAAP operating margin of 16%, and non-GAAP net income per share (diluted) of $0.12 to $0.13. Constant currency is expected to provide a $3 million positive impact to Q4 revenue. For full fiscal year 2026, the company expects total revenue of $1.595 billion to $1.597 billion (28% YoY growth), non-GAAP operating margin of 16%, and non-GAAP net income per share (diluted) of $0.50 to $0.51.

IOT YoY Financials

Q3 2026 vs Q3 2025 · SEC filings Q3 2025 Q3 2026
$0$200.0M$400.0M$322.0M$416.0MRevenue$246.0M$319.0MGross Profit$-877,748$-1,721,000Operating Income$3.5M$7.8MNet Income
$0$200.0M$400.0MRevenueGross ProfitOperating IncomeNet Income

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