Samsara, Inc. Class A ( (IOT) ) has released its Q3 earnings. Here is a breakdown of the information Samsara, Inc. Class A presented to its investors.
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Samsara, Inc. is a leading technology company specializing in the Connected Operations Platform, which integrates people, devices, and systems to enhance operational efficiency across various industries such as transportation, construction, and logistics. The company is recognized for its innovative use of AI to improve safety, efficiency, and sustainability in complex operations.
In its third quarter of fiscal year 2026, Samsara reported significant financial growth, achieving a revenue of $416 million, marking a 29% increase year-over-year. The company also reached a milestone with its first quarter of GAAP profitability, driven by strong partnerships with large-scale operations organizations.
Key financial highlights include an annual recurring revenue (ARR) of $1.745 billion, reflecting a 29% increase from the previous year. Samsara also set a record with 2,990 customers having ARR over $100,000 and 164 customers exceeding $1 million in ARR. The company’s non-GAAP operating income rose to $79.8 million, with a non-GAAP operating margin of 19%.
Looking ahead, Samsara’s management remains optimistic about continued growth, projecting a revenue range of $421 million to $423 million for the fourth quarter of fiscal year 2026, with an expected year-over-year growth of 22%. The company aims to maintain its momentum by leveraging AI advancements to further enhance its Connected Operations Platform.