Overview

* Samsara Q2 revenue rises 30% yr/yr, beating analyst expectations, per LSEG data

* Adjusted EPS for Q2 beats consensus

* Company's ARR grows 30% yr/yr, driven by AI-driven economy demand

Outlook

* Samsara expects Q3 revenue between $398 mln and $400 mln

* Company projects Q4 revenue between $418 mln and $420 mln

* Samsara sees FY 2026 revenue at $1.574 bln to $1.578 bln

* Company anticipates FY 2026 non-GAAP EPS of $0.45 to $0.47

Result Drivers

* AI DEMAND - Rise of AI-driven economy amplifying demand for Samsara's Connected Operations Platform

* CUSTOMER CONTRIBUTION - Customers with ARR over $100,000 and $1,000,000 significantly contribute to ARR growth

* INNOVATION - Rapid pace of innovation and product development enhancing customer impact

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $391.50 $372.20

Revenue mln mln (16

Analysts

)

Q2 Beat $0.12 $0.07

Adjusted (17

EPS Analysts

)

Q2 78.0%

Adjusted

Gross

Margin

Q2 15.0%

Adjusted

Operatin

g Margin

Q2 Gross $301 mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 8 "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 ( IOT ) is $46.50, about 23.6% above its September 3 closing price of $35.51

* The stock recently traded at 77 times the next 12-month earnings vs. a P/E of 126 three months ago

Press Release:

(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.)