Overview
- Samsara reported stronger-than-expected fiscal Q1 results on Thursday with revenue of $478.8 million and adjusted EPS of $0.17, beating analyst estimates.
- Annual recurring revenue crossed about $2.0 billion, up roughly 30% year over year, and net new ARR grew to $100.7 million.
- The company expanded adjusted operating margin to 19% from 14% and recorded GAAP profitability for a third straight quarter.
- Samsara raised full-year FY27 guidance to $2.005–$2.013 billion in revenue and $0.70–$0.72 in adjusted EPS, but the stock fell about 3% as investors saw only modest incremental upside after an earlier rally.
- Management highlighted that labor constraints at customers and the rapid buildout of AI data centers are driving infrastructure spending that could sustain demand, while emerging products and more large enterprise accounts are increasing revenue durability.