Samsara Stock Soars on 'Internet of Things' Firm's Results, Outlook

Fri, Sep 5, 2025, 10:10 AM 1 min read

• Samsara beat profit and sales forecasts as the "internet of things" platform firm benefited from big customers.

• The company's customers with annual recurring revenue of more than $100,000 jumped 31% year-over-year.

• Samsara raised its full-year earnings and revenue guidance.

Shares of Samsara (IOT) surged more than 15% Friday, a day after the "internet of things" platform company reported better-than-expected results and boosted its guidance as its base of big customers grew.

Samsara, which provides technology for businesses to track and manage vehicles, equipment, and operations in real time, posted fiscal 2026 second-quarter adjusted earnings per share (EPS) of $0.12, with revenue jumping 30% year-over-year to $391.5 million. Both exceeded Visible Alpha forecasts.

Annual recurring revenue (ARR) at the end of the quarter increased 30% to $1.64 billion. The number of customers with ARR of more than $100,000 grew 31% to 2,771, and those accounted for about $1 billion of Samsara's ARR.

"We're seeing firsthand how the rise of the AI-driven economy is amplifying demand for our platform," CEO and co-founder Sanjit Biswas said.

The company now sees full-year adjusted EPS of $0.45 to $0.47, up from its previous outlook of $0.39 to $0.41. It anticipates revenue in the range of $1.574 billion to $1.578 billion, compared to the earlier estimate of $1.547 billion to $1.555 billion.

Even with today's advance, Samsara shares are down about 5% year-to-date.

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