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Buy Day today: Poor Neutral (54) Good Mixed market breadth · no major macro event

Samsara Inc (IOT)

Technology Software - Infrastructure
33.10 $
Closing price · As of: 24. Jul 2026
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Read the Full Deep Dive
Samsara: $44.5 Million in Profit — and Only $7.2 Million of It from the Business

Samsara reported net income of $44.5 million for the first quarter of fiscal year 2027. The quarterly report filed June 9, 2026, also says where it came from: $30.3 million from an arbitration award against competitor Motive, $11.9 million from interest on its own cash. Operations contributed $7.2 million — while employees received $77.5 million worth of stock in the same quarter. Not investment advice, just the question of when black ink turns into a black business.

Appears in These Scanners

This stock currently matches 9 of our scanner strategies — each hit links to the scanner.

Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners

Basics

Market Cap
16.8$B
Shares Outstanding
373Mio.
Float
95.7%
Beta
1.4

Performance

Perf. 1M
1.70%
Perf. 3M
7.90%
Perf. 6M
-12.20%
YTD Performance (%)
-11.70%
52-Week-High Distance
-39.0%

Valuation

very high
P/E
311.4
Forward P/E
48.1
PEG
P/B
12.0
P/S
9.7
EV/EBITDA
1,304.2
Price/FCF
71.6

Profitability

Gross Margin
76.3%
EBIT Margin
1.5%
Net Margin
3.3%
Return on Equity
4.4%
Return on Assets
-0.3%

Balance Sheet & Safety

Equity Ratio
57.7%
Debt/Equity
0.05
Altman Z
4.32
very solid
Piotroski
8 out of 9

Growth

Sales Growth Last Quarter
30.50%
EPS Growth Last Quarter
0.00%
Sales Growth (Year)
29.57%
Forward Sales Growth
19.56%
Forward EPS Growth
26.40%

Quality & Screener

Stage
4
RS Rating
19
EPS Rating
42
very solid
Piotroski
8 out of 9
Fundamental Rating
B (+50 out of 100)
Altman Z
4.32

AI Rating

Sells AI

Samsara verkauft KI als Kern des eigenen Produkts: Die Connected-Operations-Plattform wertet IoT- und Videodaten mit eigenen KI-Modellen aus, die KI-Videosicherheit erkennt Risiken in Echtzeit, und die „Agents“ automatisieren ganze Arbeitsabläufe.

View the full file — quotes, sources, reviewed filings
„By leveraging recent advancements in artificial intelligence (“AI”), IoT connectivity, cloud computing, and video imagery, we enable the digital transformation of physical operations."

Indem wir jüngste Fortschritte in künstlicher Intelligenz („KI“), IoT-Konnektivität, Cloud-Computing und Videobildern nutzen, ermöglichen wir die digitale Transformation physischer Betriebsabläufe.

10-K · 2026-03-16 · View SEC filing
„Our AI Video-Based Safety applications leverage proprietary AI, embedded at the edge in IoT vehicular cameras, to identify safety risk through over 40 AI detections in real-time."

Unsere KI-gestützten Video-Sicherheitsanwendungen nutzen eigene KI, die direkt in den IoT-Fahrzeugkameras eingebettet ist, um Sicherheitsrisiken über mehr als 40 KI-Erkennungen in Echtzeit zu identifizieren.

10-K · 2026-03-16 · View SEC filing
„Our AI Agents automate complex, data-heavy operational tasks with minimal human oversight."

Unsere KI-Agenten automatisieren komplexe, datenintensive Betriebsaufgaben mit minimaler menschlicher Aufsicht.

10-K · 2026-03-16 · View SEC filing

Filings Reviewed: 10-K 2026-03-16 · 10-Q 2026-06-09 · 10-Q 2025-12-09 · 10-Q 2025-09-09 · 10-Q 2025-06-10 · 10-K 2025-03-25

Rated on July 26, 2026 · How the Rating Is Built

Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.

Sales Per Quarter ($M)
2025: Q1 · 346.3 $M Q1 2025: Q2 · 366.9 $M Q2 2025: Q3 · 391.5 $M Q3 2025: Q4 · 416.0 $M Q4 2026: Q1 · 444.3 $M Q1 2026: Q2 · 478.8 $M Q2
Earnings Per Share Per Quarter ($)
2025: Q1 · -0.02 $ Q1 2025: Q2 · -0.04 $ Q2 2025: Q3 · -0.03 $ Q3 2025: Q4 · 0.01 $ Q4 2026: Q1 · 0.04 $ Q1 2026: Q2 · 0.08 $ Q2
Net Margin Per Quarter (%)
2025: Q1 · -3.2 % Q1 2025: Q2 · -6.0 % Q2 2025: Q3 · -4.3 % Q3 2025: Q4 · 1.9 % Q4 2026: Q1 · 5.0 % Q1 2026: Q2 · 9.3 % Q2
Operating Cash Flow Per Quarter ($M)
2025: Q1 · 53.9 $M Q1 2025: Q2 · 52.6 $M Q2 2025: Q3 · 50.2 $M Q3 2025: Q4 · 63.7 $M Q4 2026: Q1 · 69.7 $M Q1 2026: Q2 · 81.4 $M Q2
Free Cash Flow Per Quarter ($M)
2025: Q1 · 48.5 $M Q1 2025: Q2 · 45.7 $M Q2 2025: Q3 · 44.2 $M Q3 2025: Q4 · 55.8 $M Q4 2026: Q1 · 61.7 $M Q1 2026: Q2 · 73.2 $M Q2
Sales Growth vs. Year-Ago Quarter (%)
2025: Q1 · 25.3 % Q1 2025: Q2 · 30.7 % Q2 2025: Q3 · 30.4 % Q3 2025: Q4 · 29.2 % Q4 2026: Q1 · 28.3 % Q1 2026: Q2 · 30.5 % Q2
Price Change in Quarter (%)
2025: Q1 · -12.3 % Q1 2025: Q2 · 3.8 % Q2 2025: Q3 · -6.4 % Q3 2025: Q4 · -4.8 % Q4 2026: Q1 · -10.6 % Q1 2026: Q2 · -1.3 % Q2

Quarterly Figures

Quarterly Figures
Quarter EPS (Earnings Per Share) EPS YoY (%) Sales ($M) Sales YoY (%) Net Margin (%) OCF ($M) FCF ($M)
2025: Q1 -0.02 346 25.30 -3.20 54 49
2025: Q2 -0.04 367 30.70 -6.00 53 46
2025: Q3 -0.03 392 30.40 -4.30 50 44
2025: Q4 0.01 416 29.20 1.90 64 56
2026: Q1 0.04 444 28.30 5.00 70 62
2026: Q2 0.08 479 30.50 9.30 81 73
What Do These Terms Mean?
EPS (Earnings Per Share):
Quarterly profit divided by the total share count — how much of the profit works out to a single share.
YoY (Year over Year):
Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
Sales:
All revenue for the quarter, before any costs are deducted — the top line of the income statement.
Net Margin:
What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
OCF (Operating Cash Flow):
The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
FCF (Free Cash Flow):
Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.

Assessment: Opportunities & Risks

Business and growth

Revenue climbed from $937.4 million in fiscal year 2024 through $1,249.2 million (2025) to $1,618.6 million (2026), then added another 30.5 percent in the first quarter of fiscal year 2027 to reach $478.8 million. Annual recurring revenue hit $1,990.6 million on May 2, 2026, up 30 percent, and the count of customers above $100,000 in ARR rose to 3,363 from 2,638. Subscriptions make up 98.4 percent of quarterly revenue.

Balance sheet and funding

As of May 2, 2026, the balance sheet held $1,281.4 million in cash and investments against no financial debt — only $69.0 million of lease liabilities and $15.8 million of letters of credit. The equity ratio stood at 57.7 percent, there is no goodwill, and operating cash flow was clearly positive at $81.4 million for the quarter and $236.2 million for fiscal year 2026.

Customer base

No single customer accounted for more than 2 percent of annual recurring revenue as of January 31, 2026, and in the first quarter of fiscal year 2027 no customer exceeded 10 percent of revenue or of receivables. More than 12,000 customers pay at least $25,000 a year. For a vendor whose business could easily hang on a handful of large fleet operators, that is a remarkably broad footing.

Earnings quality

Of $44.5 million in net income for the first quarter of fiscal year 2027, $30.3 million came from an arbitration award against Motive Technologies and $11.9 million from interest. Operations contributed $7.2 million — 1.5 percent of revenue. Fiscal year 2026 was starker still: a $52.6 million operating loss that $53.5 million of interest and other income almost, but not quite, offset.

Stock-based compensation

Fiscal year 2026 carried $315.0 million of stock-based compensation, 19.5 percent of revenue; the first quarter of fiscal year 2027 carried $77.5 million against $7.2 million of operating income. Another $672.5 million of awards is outstanding and will be expensed over roughly 1.6 years. Reserved for the plans as of May 2, 2026: 191,542,088 shares, close to a third of the share count.

Valuation

At a market capitalization of about $16.8 billion (data as of July 24, 2026), the market pays roughly 9.7 times trailing twelve-month revenue of $1,730.6 million and about 48 times the current-year earnings estimate. The company's own June 4, 2026, guidance points to a slowdown at the same time: 23 to 24 percent growth in the second quarter after 31 percent in the first. And 13.3 percent of the float is sold short.

Bottom Line

Samsara is a growth company that owes its debts not to a bank but to its own workforce. The business works: $1,990.6 million of annual recurring revenue as of May 2, 2026, 30 percent growth, 3,363 large customers, no concentration risk, $1,281.4 million in the bank and no financial debt. Against that stands an income statement whose black ink is two thirds a lawsuit and another quarter interest, while stock-based compensation at 19.5 percent of revenue exceeds any operating margin this company has ever posted. Buying here is a bet that the margin of the business will one day outgrow the price paid to employees in shares. Not investment advice.

Worth Noting:
  • Samsara reached our research list through our in-house stock scanner: the stock sits on the U.S. side of the “Fundamental Rank (A / A+)” list, which sorts companies by the quality of their numbers (as of July 26, 2026; the page currently shows 38 U.S. hits). On the same date IOT appeared on nine lists at once, among them “High Revenue Growth”, “Power Trend”, “Pros 80%” and “Big Earnings Surprise”. The lists are recomputed daily.
  • Currency of the data: this analysis works from the annual report 10-K for fiscal year 2026 (filed March 16, 2026), the quarterly report 10-Q as of May 2, 2026 (filed June 9, 2026) and every filing made since — in particular the 8-K of June 4, 2026, with results and guidance, the 8-K of July 23, 2026, with the results of the July 22, 2026, annual meeting, and the Form 4 insider filings and Form 144 sale notices through July 24, 2026. The next quarterly report is expected in early September 2026 per the July 24, 2026, data.
  • Valuation figures are dated and evergreen: the implied price of roughly $29 comes from a market capitalization of $16.8 billion (data as of July 24, 2026) divided by the 582,710,082 shares across both voting classes that the quarterly report reports as of June 2, 2026. Cross-checked against a filing price: the cover page of the annual report cites a closing price of $36.01 on August 1, 2025, which on the same share count would imply about $21.0 billion. The 20.4 percent price decline over the trailing 252 trading days (data as of July 24, 2026) accounts for the difference. Analyses are evergreen; daily prices are not a buy argument.
  • Easy to confuse: the ticker IOT belongs to Samsara and is not shorthand for “internet of things”. Only the Class A share trades on the New York Stock Exchange; the high-vote Class B shares are not listed.

About the Company

Samsara Inc. bietet Lösungen zur Verbindung von Daten aus physischen Betriebsabläufen mit ihrer Connected-Operations-Plattform in den USA und international an.

CEO Insider Trades (12 Mo.)selling own stock
Employees4,100
HeadquartersSan Francisco, CA
Websitesamsara.com
IPO Date15. Dec 2021
Next Earnings3. Sep 2026

Management

Management
Name Title Birth Year
Sanjit Biswas Co-Founder, CEO & Chairman 1982
John Bicket Co-Founder, Executive VP, CTO & Director 1980
Dominic Phillips Executive VP & CFO 1983
Adam Eltoukhy J.D. Executive VP, CAO & Corporate Secretary 1984
Robert Stobaugh Chief Operating Officer
Ben Kirchhoff Chief Accounting Officer
Stephen Franchetti Chief Information Officer
Mike Chang Vice President of Corporate Development & Investor Relations
Meagen Eisenberg Chief Marketing Officer 1975
Benjamin Calderon Executive VP and CTO of Hardware & Operations 1974

Executives per the latest required filings; titles kept in their original language. Source: fundamental data.

Chart

Interactive price chart (TradingView).

Data as of: July 24, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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