Q1 27 EPS
$0.17
BEAT +30.47%
Est. $0.13
Q1 27 Revenue
$478.8M
BEAT +5.20%
Est. $455.2M
vs S&P Since Q1 27
-12.0%
TRAILING MARKET
IOT -12.6% vs S&P -0.6%
Market Reaction
Did IOT Beat Earnings? Q1 2027 Results
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 com… Read more 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
IOT Forward Guidance & Outlook
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, source: SEC Filings
“Samsara delivered a strong Q1, approaching $2B in ARR with 30% growth and GAAP EPS profitability for the third consecutive quarter.”
— Sanjit Biswas, Q1 2027 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% |