IOT platform provider Samsara's Q3 revenue beats expectations

Samsara (Pre-Reincorporation)

04/12/2025 21:25

Overview

Samsara Q3 revenue grows 29% yr/yr, beating analyst expectations

Adjusted EPS for Q3 beats consensus, reflecting efficient operations

Company achieves first quarter of GAAP profitability

Outlook

Samsara expects Q4 revenue between $421 mln and $423 mln

Company projects FY2026 revenue of $1.595 bln to $1.597 bln

Samsara anticipates Q4 non-GAAP EPS of $0.12 to $0.13

Result Drivers

LARGE CUSTOMER GROWTH - Samsara reports a record increase in customers with ARR over $100,000, contributing to strong revenue growth

AI AND PARTNERSHIPS - CEO attributes growth to partnerships with large operations organizations and AI-driven efficiency improvements

ARR GROWTH - Samsara's ARR reached $1.745 bln, growing 29% yr/yr, driven by customer expansion

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$416 mln
$398.56 mln (16 Analysts)
Q3 Adjusted EPS
Beat
$0.16
$0.12 (16 Analysts)
Q3 Adjusted Gross Margin
78%
Q3 Adjusted Operating Margin
19%
Q3 Gross Profit
$319 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Samsara Inc is $48.50, about 24.3% above its December 3 closing price of $39.01

The stock recently traded at 70 times the next 12-month earnings vs. a P/E of 77 three months ago

Press Release: ID:nBw40DLTWa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)