What Changed This Quarter
Live Blog Update #6 Published
← Back to Full Coverage: Live: Is Samsara (IOT) Ready to Jump Post-Earnings Tonight?
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Revenue growth held at 30% YoY, while most SaaS peers are decelerating.
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Operating leverage jumped 9 pts YoY as sales & marketing efficiency improved.
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Cash flow conversion strengthened — now generating double-digit free cash flow margins.
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International and vertical expansions (transportation, logistics, industrials) remain strong growth vectors.
All Updates from Live Coverage
Live
| Metric | Prior Street | New Company Guide | Δ |
|---|---|---|---|
| FY26 Revenue | $1.55B | $1.574–1.578B | ▲ |
| FY26 EPS | $0.41 | $0.45–0.47 | ▲ |
Sentiment Signals:
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Bullish: 30% ARR growth, big customer expansion, raised guide.
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Neutral: Still posting GAAP net losses.
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Bearish: Heavy stock-based comp ($81M in Q2) remains a drag.
Live
- ARR: $1.64B, +30% YoY.
- Large customer momentum: 2,771 customers >$100K ARR (up from 2,120 last year).
- Customers >$1M ARR now >20% of total ARR.
- Non-GAAP operating margin 15%, up from 6% a year ago.
- Free cash flow: $44M, margin 11% vs. 4% last year.
Live
Across-the-board raises show confidence in sustaining 20%+ growth into FY26
| Period | New Guidance | Street Consensus | Direction |
|---|---|---|---|
| Q3 Rev | $398–400M | ~$386M | 📈 Raised |
| Q3 EPS (Non-GAAP) | $0.11–0.12 | ~$0.10 | 📈 Raised |
| FY26 Rev | $1.574–1.578B | $1.55B | 📈 Raised |
| FY26 EPS (Non-GAAP) | $0.45–0.47 | $0.41 | 📈 Raised |
Live
CEO Sanjit Biswas: “We’re seeing firsthand how the rise of the AI-driven economy is amplifying demand for our platform. We are innovating at an unprecedented pace and are excited to deliver even greater impact for our customers.
Message: AI workflows are driving secular demand tailwinds, strengthening conviction in long-term growth.
Live
Samsara (IOT) Q2 FY2026 Post-Earnings Recap — stock up ~7.7% AH as execution stays strong:
First Take
| Metric | Actual | Estimate | Beat/Miss |
|---|---|---|---|
| Revenue | $391.5M | $372.2M | ✅ Beat |
| EPS (Non-GAAP) | $0.12 | $0.07 | ✅ Beat |
| ARR | $1.64B | $1.55B | ✅ Beat |
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Shares rally ~7–8% AH after a broad beat on revenue, EPS, and ARR.
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Street reaction centers on durable 30% growth with margin leverage, proving IOT remains one of SaaS’s cleanest growth stories.
Live
| Quarter | EPS Surprise | 1-Day Move | 7-Day Move | 14-Day Move |
|---|---|---|---|---|
| Q1 2026 | +83.33% | −4.55% | −17.21% | −15.94% |
| Q4 2025 | +57.14% | −15.57% | −6.97% | −0.50% |
| Q3 2025 | +75.00% | −5.19% | −14.46% | −17.36% |
| Q2 2025 | +400.00% | +13.60% | +21.14% | +27.43% |
Average 7-day move (last 4): −4.37%
Joel South covers large-cap stocks, dividend investing, and major market trends, with a focus on earnings analysis, valuation, and turning complex data into actionable insights for investors.
He brings more than 15 years of experience as an investor and financial journalist, including 12 years at The Motley Fool, where he served as an investment analyst, Bureau Chief, and later led the Fool.com investing news desk. He has also co-hosted an investing podcast and appeared across TV and radio discussing market trends.
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