Companies /Technology
Samsara Inc - Class A
NYSE: IOT Software - Infrastructure
$41.22
▲ $0.71 (+1.75%) today
Markets closed · 1:00am ET

Samsara (IOT) Q1 2027 Earnings

Reported Jun 4, 2026, 4:12pm ET · SEC source
$0.17
Beat +30.47%
EPS · est. $0.13
$478.8M
Beat +5.20%
Revenue · est. $455.2M
+4.4%
Beating market
IOT vs S&P since report
9 quarters
Consecutive EPS beats

How Did IOT Stock React to Q1 2027 Earnings?

% change · around the report
−4%0+4%+8%Jun 4Jun 5report 4:12pm ETearnings−2.8%−0.0%
−4%0+4%+8%Jun 4Jun 5earnings−2.8%−0.0%
IOT −0.0%S&P 500 −2.8%
−4%0+4%+8%Jun 4Jun 5report 4:12pm ETearnings−5.3%−0.0%
−4%0+4%+8%Jun 4Jun 5earnings−5.3%−0.0%
IOT −0.0%NASDAQ −5.3%
−5%0+5%+10%Jun 3Jun 12report 4:12pm ETearnings−1.8%−0.9%
−5%0+5%+10%Jun 3Jun 12earnings−1.8%−0.9%
IOT −0.9%S&P 500 −1.8%
−5%0+5%+10%Jun 3Jun 12report 4:12pm ETearnings−2.2%−0.9%
−5%0+5%+10%Jun 3Jun 12earnings−2.2%−0.9%
IOT −0.9%NASDAQ −2.2%
−1.16%
Day of report
−2.13%
Next session
−3.28%
One week
+6.29%
30 days

S&P 500 over the same 30 days: +1.92%.

Did IOT Beat Earnings? Q1 2027 Results

Yes. Samsara reported Q1 2027 earnings of $0.17 a share on Jun 4, 2026, beating the $0.13 consensus estimate by 30.5%. Revenue was $478.8M against a $455.2M estimate.

Samsara kicked off fiscal 2027 with a strong quarter, posting Q1 revenue of $478.84 million, up 30.5% year over year and ahead of the $455.17 million consensus by 5.20%, while non-GAAP EPS of $0.17 beat the $0.13 estimate by 30.47%, extending the company's streak of consensus EPS beats to five consecutive quarters. The results were powered by continued momentum in Samsara's Connected Operations Platform, with Annual Recurring Revenue reaching $1.99 billion on 30% year-over-year growth, alongside a meaningful swing to GAAP profitability, with net income of $44.51 million compared to a net loss of $22.12 million a year ago. A $30.33 million arbitration award against Motive Technologies provided a one-time lift, though management noted it expects full-year GAAP profitability even excluding that gain. Non-GAAP operating margin expanded to 19% from 14% a year ago, reflecting improving operating leverage. Looking ahead, Samsara guided full-year FY2027 revenue of $2.01 billion at roughly 24% growth, with non-GAAP EPS of $0.70 to $0.72.

Key Takeaways
  • 31% year-over-year revenue growth driven by subscription expansion
  • Net new ARR of $100.7 million, up 30% year-over-year
  • Ending ARR of $1.991 billion with 30% year-over-year growth
  • Non-GAAP operating margin expansion to 19% from 14%
  • GAAP operating income of $7.2 million vs. GAAP operating loss of $33.3 million a year ago
  • $30.3 million gain from Motive arbitration award

“Samsara delivered a strong Q1, approaching $2B in ARR with 30% growth and GAAP EPS profitability for the third consecutive quarter.”

Samsara CEO, on the earnings call

What Was Samsara's Outlook in Q1 2027?

For Q2 FY2027, Samsara expects total revenue of $482 million to $484 million (23-24% YoY growth), non-GAAP operating margin of 18%, non-GAAP EPS of $0.15-$0.16, and GAAP profitability. For full-year FY2027, the company guides total revenue of $2.005 billion to $2.013 billion (24% growth), non-GAAP operating margin of 20%, non-GAAP EPS of $0.70-$0.72, and expects GAAP EPS profitability for the year even excluding the $30 million Motive arbitration award. Constant currency impact is expected to be a $3 million positive impact for Q2 and $11 million positive for the full year.

IOT YoY Financials

Q1 2027 vs Q1 2026 · SEC filings Q1 2026 Q1 2027
$0$200.0M$400.0M$366.9M$478.8MRevenue$283.7M$361.1MGross Profit$3.2M$7.2MOperating Income$11.1M$44.5MNet Income
$0$200.0M$400.0MRevenueGross ProfitOperating IncomeNet Income
IOT income statement, Q1 2027 versus Q1 2026
Metric Q1 2027 Q1 2026 Year over year
Revenue $478.8M $366.9M +30.5%
Gross Profit $361.1M $283.7M +27.3%
Operating Income $7.2M $3.2M +121.6%
Net Income $44.5M $11.1M +301.2%

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