IOT

A month has gone by since the last earnings report for SailPoint, Inc. (SAIL). Shares have added about 2.7% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is SailPoint, Inc. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers. SailPoint reported first-quarter fiscal 2027 adjusted earnings of 5 cents per share, which surpassed the Zacks Consensus Estimate of 4 cents by 25%. The company had reported earnings of 1 cent in the year-ago quarter.Revenues were $280.1 million, up 21.6% year over year and ahead of the consensus mark by 1.41%. SailPoint’s strong quarterly performance was driven by continued demand for its identity security offerings and accelerating adoption of SaaS solutions. As of April 30, 2026, annual recurring revenues (ARR) increased 26% year over year to $1.163 billion.Segment-wise, SaaS contributed 63.7% of fiscal first-quarter total revenues, increasing approximately 35% year over year to $178.4 million. Maintenance and support revenues represented 12.3% of total revenues, which decreased 7.6% year over year to $34.5 million. Term subscription revenues contributed 15.7% of total revenues, which rose 9.7% to $43.9 million. Other subscription services comprised 3.2% of total revenues, which increased 45.8% year over year to $8.8 million. Total subscription revenues, comprising the four sub-segments, accounted for 94.9% of revenues, which increased 23.5% year over year to $265.8 million. The remaining segment, Services and other, represented 5.1% of total revenues in the reported quarter. The figure decreased 5.4% to $14.3 million. The non-GAAP gross margin expanded 30 basis points (bps) year over year to 76.6%.Sales and marketing expense, on a non-GAAP basis and as a percentage of revenues, increased 10 bps from the year-ago quarter’s level to 39.7%.Research and development expense, on a non-GAAP basis and as a percentage of revenues, decreased 50 bps from the year-ago quarter’s level to 16.3%.General and administrative expense, as a percentage of revenues, decreased from the year-ago quarter’s level of 9.7% to 7.1%.Adjusted income from operations was $37.8 million, representi...

Samsara Inc. (IOT) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Samsara Inc., strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The earnings estimate of $0.15 per share for the current quarter represents a change of +25.0% from the number reported a year ago. Over the last 30 days, the Zacks Consensus Estimate for Samsara Inc. has increased 40% because one estimate has moved higher compared to no negative revisions. For the full year, the earnings estimate of $0.69 per share represents a change of +23.2% from the year-ago number. In terms of estimate revisions, the trend for the current year also appears quite encouraging for Samsara Inc.. Over the past month, one estimate has moved higher compared to no negative revisions, helping the consensus estimate increase 23.24%. Thanks to promising estimate revisions, Samsara Inc. currently carries a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. Investors have been betting on Samsara Inc. because of its solid estimate revisions, as evident from the stock's 1...

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Performance was driven by the 'bits to atoms' transition, where asset-heavy industries are adopting AI and intelligent systems to manage physical vehicles, equipment, and job sites. Large customer momentum accelerated for the third straight quarter, with customers spending over $100,000 now representing $1.2 billion of total ARR. Management identified a structural shift in maintenance from time-based schedules to data-driven approaches, addressing a cost center that typically consumes 10% of operational budgets. The global infrastructure build-out, particularly for AI data centers and power grids, is creating a massive tailwind for Samsara's core customer base in construction and utilities. Emerging products contributed over 20% of net new ACV for the second consecutive quarter, signaling successful expansion beyond core telematics and video safety. Operational AI and agents are being positioned as a solution to structural labor shortages and high turnover rates (40% to 50%) among specialized frontline workers. Strategic focus on the 'operations budget' (80% of customer revenue) provides a less discretionary and more resilient revenue stream compared to traditional IT budgets. Full-year FY '27 revenue guidance was raised to approximately $2.01 billion, assuming continued momentum in large deals and emerging product adoption. Management expects to maintain roughly flat gross margins for FY '27, offsetting increased AI and cloud costs with G&A efficiencies and COGS optimization. The company is experimenting with diverse pricing models for new AI products, including per-mile data fees and consumption-based models for agentic capabilities. Guidance assumes a 'derisked' philosophy that accounts for potential macro downside while reflecting a strong pipeline of large enterprise sales cycles. Hiring will remain aggressive in the go-to-market organization to meet demand, while other functions are expected to stay flat or shrink due to internal AI productivity gains. GAAP EPS profitability included a $30 million arbitration award from a lawsuit against Motive, though management noted the company would be profitable even without this one-time gain. Memory supply chain dynamics (DRAM and NAND) are tightening with incre...

Samsara's (IOT) higher guidance for fiscal 2027 still looks "somewhat conservative," RBC Capital Mar

Samsara stock edged higher Friday after the software company gave a surprising outlook that overshadowed its solid financials. It was Samsara’s fifth straight quarter with revenue growth above 28%. “For us, it’s about consistency,” CEO Sanjit Biswas told Barron’s. “The operations footprint is so big that, you know, there’s just a huge market ahead of us.”

Samsara Inc. IOT reported better-than-expected first-quarter fiscal 2027 results, with both earnings and revenues surpassing the Zacks Consensus Estimate.Samsara’s first-quarter non-GAAP earnings of 17 cents per share exceeded the Zacks Consensus Estimate of 13 cents and increased from 11 cents reported in the year-ago quarter. The figure also surpassed expectations by 30.8%.Samsara’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 41.42%.Samsara’s first-quarter revenues of $478.8 million topped the consensus mark of $452 million and increased 31% year over year. On a constant-currency basis, revenues grew 29%. Samsara Inc. price-consensus-eps-surprise-chart | Samsara Inc. Quote Samsara reported non-GAAP gross profit of $366.3 million compared with $288.1 million in the year-ago quarter. Non-GAAP gross margin contracted 300 basis points year over year to 76%.The non-GAAP operating income totaled $91 million, up from $51.1 million reported in the year-ago quarter. The non-GAAP operating margin expanded 500 basis points to 19%.General & administrative (G&A) expenses on a non-GAAP basis decreased to $30.9 million from $43.5 million in the year-ago quarter. G&A expenses accounted for 6.4% of quarterly revenues, down from 11.9% in the year-ago quarter.Research & development (R&D) expenditures on a non-GAAP basis increased to $65.5 million from $53.7 million in the year-ago quarter. R&D expenses accounted for 13.7% of first-quarter revenues, down from 14.6% in the year-ago quarter.Non-GAAP sales & marketing costs of $179 million were up from $139.8 million. These expenses accounted for 37.4% of first-quarter revenues, down from 38.1% in the year-ago quarter.Annual recurring revenues (ARR) were $1.99 billion, increasing 30% year over year. Net new ARR during the quarter was $100.7 million, reflecting strong customer demand and continued platform adoption. As of May 2, 2026, Samsara had cash and cash equivalents of $219 million compared with $318.8 million as of Jan. 31, 2026.The company generated operating cash flow of $81.4 million and adjusted free cash flow of $73.2 million during the quarter. Adjusted free cash flow margin expanded to 15% from 12% a year ago. For the second quarter of fiscal 2027, Samsara expects revenues between $482 million and $484 million. The midpoint of the guidance range s...

Image source: The Motley Fool. Thursday, June 4, 2026 at 5 p.m. ET Chief Executive Officer — Sanjit Biswas Chief Financial Officer — Dominic Phillips Head of Investor Relations — Mike Chang Need a quote from a Motley Fool analyst? Email [email protected] Sanjit Biswas: Thanks, Mike, and thank you, everyone, for joining us today. Samsara delivered a strong start to FY '27 with another quarter of durable and efficient growth. We ended Q1 with nearly $2 billion in ARR, growing 30% year-over-year and achieving our second -- our third consecutive quarter of GAAP EPS profitability. We added $101 million in net new ARR, also growing 30% year-over-year or 27% in constant currency. Our largest customers continue to drive strong growth. We now have over $1.2 billion in ARR from our customers spending $100,000 or more, growing 37% year-over-year and accelerating for the third straight quarter. In Q1, we added 169 customers with $100,000 or more in ARR and 15 customers with $1 million or more in ARR. Large customer wins in the quarter include Hertz, one of the world's largest car rental companies; Foundation Building Materials, a leading North American specialty building materials distributor; the State of Connecticut; and one of the world's largest pizza companies. Over the past few months, I visited dozens of our top customers and prospects in North America and Europe. These operators are being asked to do more than ever, and they're turning to Samsara for help. 3 themes emerged as consistent drivers of Samsara adoption. First, customers are scaling rapidly to meet surge in global demand for infrastructure build-out and need technology that can grow with them. Second, customers are expanding across our platform. They're adding Samsara's emerging products to further digitize their operations and unlock savings well beyond their core product deployments. And third, interest in operational AI and agents continues to grow rapidly, although most operators are still very early in their adoption journey. Our customers are building the infrastructure for the global economy. For decades, technology investment flowed primarily into the world of bits, software, data and digital workflows. The next wave is the transition from bits to atoms, applying AI and intelligence systems to the physical world of vehicles, equipment, job sites and frontline workers. Our customers are at the center...

Samsara stock dipped amid Q1 earnings and revenue that beat estimates while revenue guidance came in only slightly above views.

Samsara Inc. (IOT) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +27.53%. A quarter ago, it was expected that this company would post earnings of $0.13 per share when it actually produced earnings of $0.18, delivering a surprise of +38.46%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Samsara Inc., which belongs to the Zacks Internet - Software industry, posted revenues of $478.84 million for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 5.14%. This compares to year-ago revenues of $366.88 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Samsara Inc. shares have added about 2.5% since the beginning of the year versus the S&P 500's gain of 10.4%. While Samsara Inc. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Samsara Inc. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong...

Samsara (IOT) reported fiscal Q1 non-GAAP earnings late Thursday of $0.17 per diluted share, up from

Q1 revenue of $478.8 million, representing 31% year-over-year growth and 29% in constant currency Q1 net new ARR of $100.7 million, representing 30% year-over-year growth and 27% in constant currency Ending ARR of $1.991 billion, representing 30% year-over-year growth GAAP earnings per share of $0.08, representing the third consecutive quarter of GAAP profitability SAN FRANCISCO, June 04, 2026--(BUSINESS WIRE)--Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations® Platform, reported financial results for the first quarter ended May 2, 2026, and released a shareholder letter accessible from the Samsara investor relations website at investors.samsara.com. "Samsara delivered a strong Q1, approaching $2B in ARR with 30% growth and GAAP EPS profitability for the third consecutive quarter," said Sanjit Biswas, CEO and Co-founder, Samsara. "Our customers are facing unprecedented demand and are constrained by worker capacity. We see a massive opportunity to transform physical industries with Operational AI and AI Agents – automating work, unlocking capacity, and driving greater productivity across the sectors that power the global economy." First Quarter Fiscal Year 2027 Financial Highlights (In millions, except percentage, percentage points, and per share data) We report non-GAAP financial measures in addition to, and not as a substitute for, or superior to, financial measures calculated in accordance with generally accepted accounting principles ("GAAP"). See the section titled "Use of Non-GAAP Financial Measures" for an explanation of non-GAAP financial measures and the tables in the section titled "Reconciliation Between GAAP and Non-GAAP Financial Measures" for a reconciliation of GAAP to non-GAAP financial measures. Financial Outlook Our guidance includes GAAP and non-GAAP financial measures. For the second quarter and fiscal year 2027, Samsara expects the following: About Samsara Samsara is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, assets, and systems of some of the world’s most complex operations, allowing them 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 industrie...

Interested in Samsara Inc.? Here are five stocks we like better. Samsara posted strong first-quarter results, with revenue up 31% to $479 million, annual recurring revenue nearing $2 billion, and its third straight quarter of GAAP EPS profitability. The company also raised fiscal 2027 guidance and said it expects full-year GAAP profitability. Large customers continue to drive growth, as ARR from customers spending $100,000+ annually rose 37% year over year to more than $1.2 billion. Samsara also saw strong traction with $1 million+ customers and landed notable wins including Hertz and other large enterprise and public-sector accounts. Multi-product adoption and emerging offerings are gaining momentum, with 96% of large customers using at least two products and emerging products contributing more than 20% of net new ACV. Management highlighted new AI-focused and operational tools like Connected Asset Maintenance, Waste Intelligence and Ground Intelligence as key future growth drivers. Samsara Shows What Happens When Fundamentals Beat Fear Samsara (NYSE:IOT) reported a strong start to fiscal 2027, with executives highlighting accelerating growth among large customers, expanding adoption of emerging products and continued profitability during the company’s first-quarter earnings call. Chief Executive Officer and Co-founder Sanjit Biswas said Samsara ended the quarter with nearly $2 billion in annual recurring revenue, up 30% year over year. The company added $101 million in net new ARR, also up 30% year over year, or 27% in constant currency. Biswas said the company achieved its third consecutive quarter of GAAP earnings-per-share profitability. → Palantir’s Drone Tailwind Puts Its Defense AI Story Back in Focus for Investors Samsara Is Forming a Triple Bottom—Time to Buy? “Samsara delivered a strong start to FY 2027, with another quarter of durable and efficient growth,” Biswas said. Samsara continued to see strong momentum from its largest customers. Biswas said the company now has more than $1.2 billion in ARR from customers spending $100,000 or more annually, up 37% year over year and accelerating for the third consecutive quarter. The company added 169 customers with $100,000 or more in ARR and 15 customers with $1 million or more in ARR during the quarter. → Will the SpaceX IPO Put These 5 Public Space Stocks Into a Higher Orbit? Ignore the Noise—Samsara...