Samsara Inc - Class A
Q4 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: +0.54%.
Did IOT Beat Earnings? Q4 2026 Results
Samsara closed Q4 FY2026 with a decisive beat on both top and bottom lines, extending its EPS consensus beat streak to five consecutive quarters as non-GAAP diluted EPS of $0.18 topped the $0.13 estimate by 40.85% while revenue of $444.30 million cleared the $422.32 million consensus by 5.20%, growing 28.3% year over year. The central engine behind the outperformance was the accelerating adoption of Samsara's Connected Operations Platform, which now captures more than 25 trillion data points annually, fueling AI capabilities that management says are automating entire customer workflows. Annual recurring revenue reached $1.89 billion, up 30%, and the quarter marked back-to-back periods of GAAP profitability, with net income of $22.04 million compared to a net loss of $11.20 million a year ago. A recent favorable arbitration ruling against a key competitor removed a lingering legal overhang, sharpening investor focus on fundamentals. Looking ahead, Samsara guided Q1 FY2027 revenue to $454 to $456 million and full-year FY2027 revenue to $1.97 to $1.98 billion, with management targeting full-year GAAP profitability and a 19% non-GAAP operating margin.
- 30% YoY ARR growth to $1.89 billion, with $432 million net new ARR for the full year (21% constant currency growth)
- Q4 net new ARR of $144.8 million, representing 33% YoY growth (31% constant currency)
- Non-GAAP operating margin expanded to 21% in Q4 from 16% a year ago
- Scale of proprietary data asset fueling AI-powered platform capabilities
- Second consecutive quarter of GAAP profitability
“Fiscal year 2026 was an outstanding year of durable and efficient growth. We ended the year with $1.9 billion of ARR, an increase of 30% year-over-year in constant currency. Within that, we added $432 million of net new ARR, an increase of 21% year-over-year growth in constant currency, accelerating year-over-year at a larger scale.”
Samsara CEO, on the earnings call
Forward Guidance & Outlook
For Q1 FY2027, Samsara expects total revenue of $454–$456 million (24% YoY growth, 22–23% in constant currency), non-GAAP operating margin of 15%, and non-GAAP diluted EPS of $0.12–$0.13. For full fiscal year 2027, the company guides for total revenue of $1.965–$1.975 billion (21–22% growth, 21% constant currency), non-GAAP operating margin of 19%, non-GAAP diluted EPS of $0.65–$0.69, and expects to achieve GAAP profitability for the full year. Constant currency is expected to provide a $5 million positive impact in Q1 and $11 million for the full year.
IOT YoY Financials
Figures from SEC filings and company reports. Not investment advice.