Samsara Inc. reported its fiscal fourth‑quarter 2026 results, posting revenue of $444.3 million—up 28% year‑over‑year—and adjusted earnings per share of $0.18, beating consensus estimates of $0.13. The company also disclosed that its annual recurring revenue reached $1.9 billion, a 30% increase from the prior year, driven by a record $432 million of net new ARR, up 21% year‑over‑year in constant currency.
Revenue growth was largely powered by strong demand in the core vehicle telematics segment and the expanding AI‑enabled product lines, which contributed 23% of net new annual contract value. The earnings beat was supported by disciplined cost management and an improved operating leverage that lifted the non‑GAAP operating margin to 21% for the quarter, up from 15% in the prior year. Gross margins remained robust at 77‑78%, reflecting the company’s pricing power and efficient scale.
Management highlighted the company’s data‑driven platform as a key driver of performance. "Fiscal year 2026 was an outstanding year of durable and efficient growth. We ended the year with $1.9 billion of ARR, an increase of 30% year‑over‑year in constant currency. Within that, we added $432 million of net new ARR, an increase of 21% year‑over‑year growth in constant currency, accelerating year‑over‑year at a larger scale," said CEO Sanjit Biswas. "Our performance is driven by the scale of our data asset, which now captures more than 25 trillion data points annually to fuel our AI‑powered platform," he added.
Samsara raised its fiscal 2027 guidance, projecting revenue of $1.965 billion to $1.975 billion and adjusted EPS of $0.65 to $0.69. For the first quarter of fiscal 2027, the company expects revenue of $454 million to $456 million and adjusted EPS of $0.12 to $0.13, both above analyst expectations. The guidance signals management confidence in sustained growth and margin expansion as the company continues to scale its data‑driven platform.
CFO Dominic Phillips noted, "Q4 was another quarter of accelerating growth and improved operating leverage," underscoring the company’s ability to translate scale into profitability.
Investors reacted positively to the results, citing the strong earnings beat, raised guidance, accelerating ARR growth, and the company’s continued investment in AI‑enabled solutions. The market view reflects confidence in Samsara’s ability to monetize its expanding data moat and deliver incremental value to its growing customer base.
The earnings release underscores Samsara’s trajectory toward profitability and reinforces its position as a leading provider of IoT‑enabled operational intelligence across transportation, construction, and public‑sector verticals. The company’s focus on AI and its large data asset position it well for long‑term growth in a competitive landscape.
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