Samsara Q1 Revenue Rises 31% to $478.8M, Raises Fiscal 2027 Outlook
IOT•Samsara’s first-quarter revenue rose 31% to $478.8 million, with ARR up 30% to $1.99 billion and net income of $44.5 million compared to a $22.1 million loss a year ago. The company forecast Q2 revenue of $482–$484 million (23–24% growth) and lifted fiscal 2027 revenue guidance to $2.005–$2.013 billion.
1. First-Quarter Financial Results
Samsara reported Q1 fiscal 2027 revenue of $478.8 million, up 31% year-over-year, while annual recurring revenue climbed 30% to $1.99 billion. Net new ARR contributed $100.7 million, marking a 30% increase versus the prior year.
2. Profitability and Cash Flow
The company swung to net income of $44.5 million from a $22.1 million loss a year earlier, and operating income improved to $7.2 million from a $33.3 million loss. Adjusted operating income climbed to $91.0 million (19% margin) and adjusted free cash flow reached $73.2 million (15% margin).
3. Guidance for Q2 and Fiscal 2027
For Q2, Samsara expects revenue between $482 million and $484 million, representing 23–24% growth, and adjusted EPS of $0.15–$0.16. Full-year fiscal 2027 guidance was raised to $2.005–$2.013 billion in revenue and $0.70–$0.72 in adjusted EPS, with GAAP profitability anticipated.
4. Impact of Arbitration Award
Results included a $30.3 million gain from an arbitration award in the dispute with Motive Technologies, which was excluded from non-GAAP figures, bolstering the reported profitability metrics.
