Samsara Inc. (IOT) financials

NYSE · Technology · Software - Infrastructure · 4,100 employees · CEO Sanjit Biswas

Price: $42.07 +1.01%
Market cap: $24.6B
Enterprise value: $24.4B
Last report: Q2 '27 filed 2026-09-08
Next report: 2026-12-03 EPS est. $0.19

Revenue (TTM)$1.85B+29.5% vs a year agoLast 4 quarters; bars = each quarter

Operating margin (TTM)1.0%+9.5 pp vs a year agoOperating income $19.4M

Net income (TTM)$90.6M+203.0% vs a year agoAfter tax, incl. non-operating gains

Free cash flow (TTM)$255M+50.6% vs a year agoCapex $32.9M

Diluted EPS (TTM)$0.16+58.1% vs a year agoSum of the last 4 quarters

Net cash$759M+21.6% vs a year agoCash + short-term investments - debt

Valuation & key figures

Market cap: $24.6B
Revenue: $1.85B
Revenue growth: +26%
Profit margin: 4.9%
P/E: 260.3×
P/S: 13.3×
EV / EBITDA: 183.7×
Free cash flow: $255M
Net income: $90.6M
Revenue estimate: $2.05B
Earnings: 2026-12-03
Dividend: –

Key takeaways

Computed from the reported numbers - every statement carries the figure it rests on.

Last report (2026-09-03): revenue beat by 5.2%, EPS beat by 25.0%Revenue $508M vs $483M expected (+5.2%); EPS $0.20 vs $0.16 (+25.0%).
Revenue growth steady: 29.9% year on yearQ2 '27 revenue $508M, against an average of 29.6% over the four quarters before.
Operating margin 1.0% (TTM), +9.5 pp on a year agoOperating income grew 116.0% while revenue grew 29.5%.
81.2% of pre-tax profit is non-operatingPre-tax income $103M vs operating income $19.4M (TTM). Gains on equity stakes and other one-off items lift net income and EPS - operating income is the cleaner measure of the business.
Capex 1.8% of revenue (a year ago 1.6%)$32.9M invested in the last 4 quarters (+43.0% on a year earlier). Free cash flow $255M = 282.1% of net income.
Diluted share count up 3.6% in a year590M diluted shares in Q2 '27, 570M a year earlier.
Net cash $759MCash + short-term investments $829M, debt incl. leases $69.5M; a year ago net cash $625M.
Reportable Segment: revenue +29.9%, margin 1.0% (was -6.8%)Fastest-growing reported segment in Q2 '27: operating income $4.88M on revenue $508M (from the segment note of the filing).

Last quarter: Q2 '27

Quarter ended 2026-08-01. Compared with the same quarter a year earlier and with the analyst consensus before the report.

Quarter vs a year ago

	Q2 '27	Year ago	Change
Revenue	$508M	$391M	+29.9%
Gross margin	77.2%	76.9%	+0.3 pp
Operating income	$4.88M	-$26.6M	+118.3%
Operating margin	1.0%	-6.8%	+7.8 pp
Net income	$16.2M	-$16.8M	+196.7%
Diluted EPS	$0.03	-$0.03	+202.0%
Operating cash flow	$73.5M	$50.2M	+46.6%
Capex	$8.78M	$5.97M	+47.1%
Free cash flow	$64.7M	$44.2M	+46.5%
R&D	$103M	$85.6M	+19.8%
Stock-based compensation	$96.4M	$81.1M	+18.8%

Reported vs consensus

2026-09-03

	Actual	Consensus	vs consensus
Revenue	$508M	$483M	+5.2%
EPS (as estimated)	$0.20	$0.16	+25.0%

From the report of 2026-09-03 for Q2 '27: revenue and the EPS analysts estimate (often adjusted), so it can differ from the EPS of the statements above.

EPS vs consensus

last 8 reports

Revenue

Where the money comes from - by business line and by region, quarter by quarter.

Revenue, operating income and growth

quarterly

Revenue by business line

stacked, quarterly

Segment	Q2 '27	y/y	Share	TTM	TTM y/y	12 quarters
Subscription and Circulation	$500M	+30.2%	98.3%	$1.82B	+29.9%
Product and Service, Other	$8.67M	+14.3%	1.7%	$31.9M	+10.5%

Revenue by region

share of total

Segment	Q2 '27	y/y	Share	TTM	TTM y/y	12 quarters
United States	$431M	+28.7%	84.8%	$1.57B	+27.6%
Non-US	$77.3M	+36.8%	15.2%	$276M	+41.2%

Segment profits

Operating income per reported segment, read from the segment note of each 10-Q / 10-K (the profit split most data feeds leave out).

Segments in Q2 '27

Segment	Revenue	y/y	Operating income	y/y	Margin	Margin a year ago	TTM operating income
Reportable Segment	$508M	+29.9%	$4.88M	+118.3%	1.0%	-6.8%	$19.4M

Operating income by segment

quarterly

Segment operating margin

quarterly

Fourth quarters are derived: the 10-K reports the full year, minus the three quarters of the 10-Qs.

Margins & cost structure

How much of each unit of revenue is left at each level - and where the costs go.

Margins

quarterly

Costs as % of revenue

quarterly

Cash flow & capital allocation

Cash generated, what it is spent on, and what reaches shareholders.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Last 4 quarters

cash flow statement

Operating cash flow: $288M
Capex: -$32.9M
Buybacks: $0
Dividends: $0
Acquisitions: $0
Net debt issued: $597K
Stock-based compensation: $331M
Free cash flow: $255M
Returned to shareholders / FCF: -0.0%

Share count and EPS

quarterly, diluted

Balance sheet

Liquidity, investments and debt at each quarter end.

Cash, investments and debt

quarter ends

Valuation & returns

Today's multiples against the company's own last five fiscal years; analyst targets and ratings.

Multiples and returns

TTM vs 5 fiscal years

	Now	5y average	Where today sits in the 5-year range
P/E (TTM)	260.3×	–	–
EV / EBITDA	183.7×	634.8× 1 of 5 years	634.8× – 634.8×
EV / Sales	13.2×	16.1×	9.8× – 22.8×
Price / FCF	96.4×	167.3× 2 of 5 years	77.5× – 257.0×
Price / Book	15.3×	14.6×	7.5× – 26.8×
FCF yield	1.0%	-0.5%	-2.1% – 1.3%
Return on invested capital	0.9%	-10.7%	-28.2% – 32.3%
Return on equity	6.2%	-21.7%	-35.9% – -0.6%

Analysts

Consensus target $51.15 (+21.6%)
range $45.00 – $58.00 · rating Buy

Strong buy0

Buy15

Hold5

Sell0

Strong sell0

Outlook

Analyst consensus for the coming fiscal years and what it implies at today's price.

Consensus estimates

Fiscal year	Revenue	Growth	EPS	Growth	P/E at today's price	Analysts (EPS)
FY2027	$2.05B	+26.4%	$0.77	+4,962.5%	54.4×	13
FY2028	$2.45B	+19.7%	$0.95	+22.6%	44.4×	12
FY2029	$2.93B	+19.6%	$1.18	+24.4%	35.7×	5
FY2030	$3.57B	+21.9%	$0.00	-100.0%	–	1

Financial statements

Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.

Income statementRevenue, costs, operating income, net income and EPSOpen Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Every reported line

All 211 figures Samsara Inc. tagged in its recent 10-Q / 10-K filings, with the official SEC label and definition - including the notes (leases, taxes, buybacks, employees, ...).

Line (SEC label)	Latest quarter	Year ago	y/y	Latest FY	Prior FY	y/y
Accounts Payable, Current	$41.2M	$30.1M	+36.9%	$47.7M	$64M	-25.5%
Accounts Receivable, after Allowance for Credit Loss, Current	$338M	$246M	+37.3%	$321M	$234M	+37.4%
Accounts Receivable, Allowance for Credit Loss	$14M	$10.1M	+38.6%	$14.1M	$9.1M	+54.9%
Accounts Receivable, Allowance for Credit Loss, Writeoff	$4.2M	–	–	$8.2M	$2M	+310.0%
Accounts Receivable, Credit Loss Expense (Reversal)	$3.7M	$1.7M	+117.6%	$13.2M	$3.3M	+300.0%
Accretion (Amortization) of Discounts and Premiums, Investments	$2.87M	$2.41M	+19.2%	$10.6M	$15.3M	-30.8%
Accrued Employee Benefits, Current	$62.2M	$51.2M	+21.6%	$75.4M	$43.4M	+73.6%
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$106M	$76.3M	+39.1%	$89.8M	$65.9M	+36.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax	-$887K	$2.22M	-139.9%	$4.36M	-$846K	+615.0%
Additional Paid in Capital	$3.16B	$2.86B	+10.5%	$3.04B	$2.68B	+13.3%
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	5.75M	27.3M	-78.9%	24M	28.8M	-16.8%
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	$99.3M	$83.7M	+18.6%	$324M	$283M	+14.7%
Asset Impairment Charges	$02026-01-31	$419K	-100.0%	$0	$4.03M	-100.0%
Assets	$2.77B	$2.21B	+25.5%	$2.54B	$2.02B	+25.5%
Assets, Current	$1.57B	$1.19B	+32.6%	$1.51B	$1.21B	+24.3%
Capital Expenditures Incurred but Not yet Paid	$637K	-$426K	+249.5%	$1.15M	$320K	+258.8%
Capitalized Computer Software, Amortization	$5.2M	$3.3M	+57.6%	$14.1M	$9M	+56.7%
Cash and Cash Equivalents, at Carrying Value	$291M	$258M	+12.7%	$319M	$228M	+40.1%
Cash and Cash Equivalents, Fair Value Disclosure	$215M	–	–	$242M	–	–
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$295M	$282M	+4.6%	$325M	$246M	+32.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$72.3M	$623K	+11,504.2%	$79M	$91.1M	-13.2%
Common Stock, Capital Shares Reserved for Future Issuance	189M	166M	+14.0%	159M	140M	+13.6%
Common Stock, Par or Stated Value Per Share	–	–	–	$0.002021-12-31	–	–
Common Stock, Shares Authorized	–	–	–	5.8B2021-12-31	–	–
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$14M	-$15.2M	+192.0%	-$3.91M	-$157M	+97.5%
Contract with Customer, Liability	$853M	$741M	+15.2%	$809M	$686M	+18.0%
Contract with Customer, Liability, Current	$729M	$611M	+19.2%	$679M	$563M	+20.6%
Contract with Customer, Liability, Noncurrent	$124M	$129M	-4.1%	$130M	$123M	+5.9%
Contract with Customer, Liability, Revenue Recognized	$413M	$345M	+19.8%	$563M	$426M	+32.1%
Cost of Revenue	$116M	$90.5M	+28.0%	$377M	$298M	+26.2%
Current Federal Tax Expense (Benefit)	–	–	–	$0	$0	–
Current Foreign Tax Expense (Benefit)	–	–	–	$3.54M	$2.22M	+59.7%
Current Income Tax Expense (Benefit)	–	–	–	$3.85M	$2.42M	+59.2%
Current State and Local Tax Expense (Benefit)	–	–	–	$309K	$201K	+53.7%
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss	$8.1M	$6.9M	+17.4%	$6.5M	$6.2M	+4.8%
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	$141K	$1.96M	-92.8%	$2.36M	$1.1M	+114.8%
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	$3.58M	$174K	+1,958.6%	$200K	$690K	-71.0%
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value	$538M	$443M	+21.3%	$515M	$467M	+10.2%
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss	$1.04B	$828M	+25.4%	$916M	$749M	+22.2%
DebtSecuritiesAvailableForSaleExcludingAccruedInterest	$1.03B	$830M	+24.7%	$918M	$750M	+22.4%
DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent	$538M	$443M	+21.3%	$515M	$467M	+10.2%
DebtSecuritiesAvailableForSaleExcludingAccruedInterestNoncurrent	$497M	$386M	+28.6%	$403M	$283M	+42.6%
Deferred Federal Income Tax Expense (Benefit)	–	–	–	$0	$0	–
Deferred Foreign Income Tax Expense (Benefit)	–	–	–	$6.17M	$2.07M	+197.6%
Deferred Income Tax Expense (Benefit)	–	–	–	$6.17M	$2.07M	+197.6%
Deferred State and Local Income Tax Expense (Benefit)	–	–	–	$0	$0	–
Deferred Tax Assets, Gross	$821M2026-01-31	$712M	+15.4%	$821M	$712M	+15.4%
Deferred Tax Assets, Net of Valuation Allowance	$182M2026-01-31	$151M	+20.9%	$182M	$151M	+20.9%
Deferred Tax Assets, Operating Loss Carryforwards	$544M2026-01-31	$545M	-0.3%	$544M	$545M	-0.3%
Deferred Tax Assets, Property, Plant and Equipment	$1.38M2026-01-31	$1.36M	+1.5%	$1.38M	$1.36M	+1.5%
Deferred Tax Assets, Tax Credit Carryforwards	$59.7M2026-01-31	$42.8M	+39.5%	$59.7M	$42.8M	+39.5%
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals	$146M2026-01-31	$39M	+274.3%	$146M	$39M	+274.3%
Deferred Tax Assets, Valuation Allowance	$639M2026-01-31	$561M	+13.9%	$639M	$561M	+13.9%
Deferred Tax Liabilities, Gross	$194M2026-01-31	$156M	+24.6%	$194M	$156M	+24.6%
Deferred Tax Liabilities, Leasing Arrangements	$14.8M2026-01-31	$15.3M	-3.4%	$14.8M	$15.3M	-3.4%
Deferred Tax Liabilities, Net	$12.1M2026-01-31	$5.17M	+133.2%	$12.1M	$5.17M	+133.2%
Defined Contribution Plan, Employer Matching Contribution, Percent of Match	–	–	–	4.0%	4.0%	0.0%
Depreciation, Depletion and Amortization	$8.41M	$5.4M	+55.8%	$24M	$20.6M	+16.5%
Earnings Per Share, Basic	$0.03	-$0.03	+200.0%	-$0.02	-$0.28	+92.9%
Earnings Per Share, Diluted	$0.03	-$0.03	+200.0%	-$0.02	-$0.28	+92.9%

Source: SEC companyfacts (XBRL of every 10-Q / 10-K). Cash-flow quarters are derived from the year-to-date figures the 10-Q tags. Segment breakdowns are tagged with dimensions and are shown in the segment section instead.

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-08-01, 10-Q 2026-05-02, 10-K 2026-01-31, 10-Q 2025-11-01, 10-Q 2025-08-02, 10-Q 2025-05-03, 10-K 2025-02-01, 10-Q 2024-11-02, 10-Q 2024-08-03

Data as of 2026-11-02