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May 03

Samsara Q1 2025 Earnings Report

Samsara reported strong growth and profitability in Q1 FY26, with increased ARR, record margins, and robust customer expansion.

Key Takeaways

Samsara delivered a strong Q1 FY26 with $367 million in revenue, $76.2 million in net income, and a 31% YoY ARR growth, driven by continued expansion among large enterprise customers.

Revenue reached $367M, reflecting 31% YoY growth.

Net income was $76.2M, with an EPS of $0.13.

ARR increased to $1.54B, up 31% YoY.

Samsara added 154 new $100K+ ARR customers during the quarter.

Total Revenue
$367M
Previous year: $281M
+30.7%
EPS
$0.13
Previous year: $0.03
+333.3%
Annual Recurring Revenue
$1.54B
Previous year: $1.18B
+31.0%
$100K+ ARR Customers
2.64K
Previous year: 1.96K
+34.9%

Samsara

Samsara

Forward Guidance

Samsara expects continued growth in Q2 and FY26, with strong revenue and EPS guidance despite macroeconomic uncertainty.

Positive Outlook

  • Q2 revenue guided between $371M and $373M.
  • FY26 revenue expected between $1.547B and $1.555B.
  • FY26 non-GAAP EPS expected between $0.39 and $0.41.
  • Strong pipeline and healthy win rates continue.
  • Targeting large, stable operations budgets with fast ROI solutions.

Challenges Ahead

  • Macro uncertainty may elongate sales cycles.
  • Tariff-impacted goods may affect short-term customer spending.
  • Seasonal weakness expected in Q2 free cash flow margin.
  • Customer hesitation post-Liberation Day affected some Q1 deals.
  • Modest FX headwinds expected in Q2 and FY26 revenue.