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Samsara Q1 FY26 Results Underscore Momentum and Impact, Delivering Innovation and Proven ROI for Customers

1. Samsara reported $1.54B ARR, 31% growth year-over-year. 2. 35% increase in high-value customers, showcasing strong market demand. 3. AI platform reduces operational costs and boosts safety for clients. 4. Key innovations strengthen operational efficiency and customer engagement. 5. Samsara's technology significantly impacts industries through enhanced data insights.

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$47.2506/05 04:28 PM EDTEvent Start
$45.106/06 10:50 PM EDTLatest Updated
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FAQ

Why Bullish?

Samsara's significant revenue growth and customer expansion indicate strong market performance, similar to historical trends in tech stock surges following substantial quarterly results.

How important is it?

Strong revenue growth and innovative technology adaptation place Samsara as a key player in IoT, impacting investor sentiment positively.

Why Short Term?

Immediate investor interest is likely due to Q1 results, especially with actionable growth demonstrated in recent partnerships and customer feedback.

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AVAVPTONGOOGL
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced strong financial results for the first quarter of fiscal year 2026. Samsara’s Q1 FY26 demonstrates the company's momentum and continued success in empowering frontline workers and transforming physical operations. Samsara concluded the quarter with $1.54B in ARR, representing 31% year-over-year growth, adjusted for constant currency. Its durable and efficient growth is a testament to the strength of the platform, its deep partnerships with customers, and the large market opportunity. During the quarter, Samsara expanded its $100K+ customer count by 154, an increase of 35% year-over-year. This includes some of the largest organizations in physical operations, such as 7-Eleven, Dallas-Fort Worth airport, a Fortune 500 major American mining company, the State of South Carolina, and one of the largest U.S. counties with over 10 million residents. Solving Critical Challenges with an AI-Powered Platform Samsara’s platform is essential for organizations looking to reduce costs through enhanced safety cultures and improved efficiency. Its AI-powered platform directly addresses complex, widespread challenges felt by customers, including high safety risks and drains on productivity caused by poor visibility and asset downtime. Samsara continues to strengthen its platform with key innovations that improve operations: Advanced AI Safety Features: New Intelligent Safety Inbox and AI-powered Insights for smarter risk identification and coaching, along with enhanced positive recognition tools (Streaks & Milestones, Personalized Kudos, Shared Visibility) deliver improved safety outcomes and boost employee engagement. AI-Powered Maintenance: Fueled by Samsara’s massive data set, capabilities such as fault code insights, real-time vehicle diagnostics, pre-populated work orders, paperless Driver Vehicle Inspection Reports (DVIRs), and customizable maintenance alerts support improved uptime and longer asset lifetimes. Expanded OEM Integrations: Partnerships with Hyundai Translead, Stellantis (Mobilisights), and Rivian streamline fleet management by bringing vehicle data directly into Samsara’s platform. The impact of Samsara’s technology across diverse industries and geographies is clear: Leading U.S. Retail Propane Company Achieves a 75% Reduction in Safety Events: One of the largest retail propane companies in the U.S. expanded its partnership with Samsara beyond Telematics for Video-Based Safety. In a pilot, the company saw a 75% reduction in safety events, an 87% reduction in no seat belt usage, and a 71% reduction in mobile usage. From pilot to partnership, they cited the impact of Samsara’s AI on the safety of their operations as the key differentiator. Sterling Crane Saves $3M+ in Equipment Costs: Sterling Crane, one of the world's largest mobile crane rental companies, reported it reduced unplanned maintenance from 34% to 20%, resulting in savings of over $500,000 and 10,000 hours of technicians’ time. More than $3 million was saved in equipment maintenance and replacement costs, including over $2 million saved for on-road equipment and an additional $1 million saved on off-road equipment. "Samsara's Q1 performance reflects the growing demand for our AI platform and its critical role in strengthening operations," said Amit Vyas, Chief Revenue Officer at Samsara. "It's rewarding to see our technology not only making a significant difference in reducing costs for our customers, but also how much frontline workers love and value it. We are energized by this moment and remain focused on delivering innovative solutions to the world of physical operations." To learn more about Samsara’s Q1 FY26 results, visit its Investor Relations website. About Samsara Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which enables organizations that depend on physical operations to harness Internet of Things (IoT) data to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across construction, transportation and warehousing, field services, manufacturing, retail, logistics, and the public sector. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy. Samsara is a registered trademark of Samsara Inc. All other brand names, product names or trademarks belong to their respective holders. Customer statistics contained in this press release were provided by Samsara’s customers.

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