Financial Data and Key Metrics Changes - Samsara reported a strong Q1 with an annual recurring revenue (ARR) of $1,540,000,000, representing a 31% year-over-year growth adjusted for constant currency [5][23]. - Q1 revenue reached $367,000,000, also growing 31% year-over-year or 32% when adjusted for constant currency [24]. - Non-GAAP gross margin was a record 79% in Q1, with a non-GAAP operating margin of 14%, up from 2% in Q1 FY '25 [31]. Business Line Data and Key Metrics Changes - The number of customers with more than $100,000 in ARR increased by 154, a 35% year-over-year growth [5][25]. - ARR per 100k+ customer increased to $338,000, with 58% of ARR coming from these customers, up from 56% a year ago [25][26]. - 95% of 100k+ ARR customers and 85% of core customers subscribed to two or more Samsara products, indicating increased utilization of the platform [26]. Market Data and Key Metrics Changes - 18% of net new annual contract value (ACV) came from international markets, with Europe showing significant growth [29]. - The construction sector contributed the highest net new ACV mix for the seventh consecutive quarter, while transportation achieved its highest year-over-year growth in over four years [30][81]. Company Strategy and Development Direction - The company is focusing on partnerships with OEMs to simplify customer onboarding and enhance data integration [20][39]. - Samsara aims to leverage AI to improve safety and maintenance solutions, addressing customer needs for efficiency and risk management [10][99]. - The strategy includes expanding the ecosystem through partnerships with major vehicle and equipment manufacturers to enhance customer experience [19][20]. Management's Comments on Operating Environment and Future Outlook - Management noted that elongated sales cycles were observed due to macroeconomic uncertainties, particularly related to tariffs [23][44]. - Despite these challenges, the company reported a record pipeline generation in Q1, indicating strong customer interest [36][73]. - The outlook remains positive, with expectations for continued growth and efficiency gains in the upcoming quarters [31][73]. Other Important Information - The company is investing in AI-powered solutions to help customers optimize asset utilization and maintenance [16][99]. - Samsara's customer base includes significant partnerships with large organizations, enhancing its market presence [6][21]. Q&A Session Summary Question: Sales cycle elongation and deal quality - Management indicated that the quality and size of deals remained consistent despite elongated sales cycles, with a record pipeline generation in Q1 [35][36]. Question: OEM investments and competitive positioning - The CEO emphasized the importance of OEM partnerships in reducing friction for customers and enhancing data insights [38]. Question: Impact of macro environment on sales capacity - Management is closely monitoring sales productivity and plans to continue adding sales capacity throughout the year [56][57]. Question: International market momentum - The company has seen significant growth in international markets, particularly in Europe, driven by increased interest in digital technologies [84]. Question: AI's role in customer conversations - AI is increasingly becoming a focal point in discussions with customers, particularly regarding operational efficiency and safety [70]. Question: Preventative maintenance targeting - The company believes that preventative maintenance solutions will be broadly applicable across various industries due to similar asset types [86]. Question: Upgrade program details - The upgrade program aims to facilitate transitions for customers from legacy providers, making it easier for them to adopt Samsara's solutions [90][92].

Financial Data and Key Metrics Changes - Samsara reported a strong Q1 with an annual recurring revenue (ARR) of $1,540,000,000, representing a 31% year-over-year growth adjusted for constant currency [4][21] - Q1 revenue reached $367,000,000, also growing 31% year-over-year or 32% when adjusted for constant currency [22] - Non-GAAP gross margin was a record 79% in Q1, with non-GAAP operating margin at 14%, up from 2% in Q1 FY '25 [29] Business Line Data and Key Metrics Changes - The number of customers with more than $100,000 in ARR increased by 154, a 35% year-over-year growth [4][22] - ARR per 100k+ customer increased to $338,000, with 58% of ARR coming from these customers, up from 56% a year ago [22] - 95% of 100k+ ARR customers and 85% of core customers subscribed to two or more Samsara products, indicating increased utilization of the platform [24] Market Data and Key Metrics Changes - 18% of net new annual contract value (ACV) came from international markets, with Europe showing significant growth [27] - The construction sector drove the highest net new ACV mix for the seventh consecutive quarter, while transportation achieved its highest year-over-year growth in over four years [28] - Public sector growth was the highest in over three years, driven by wins with major municipalities [28] Company Strategy and Development Direction - Samsara is focusing on enhancing safety and efficiency through AI-powered solutions, addressing customer needs for risk management and operational efficiency [5][9] - The company is expanding its ecosystem through partnerships with OEMs to simplify the digitization of assets and improve customer experience [17][18] - The strategy includes integrating directly with vehicle and equipment manufacturers to facilitate seamless data connectivity [17][78] Management's Comments on Operating Environment and Future Outlook - Management noted that while there were elongated sales cycles due to macroeconomic uncertainties, customer demand remains strong, with a record pipeline generated in Q1 [21][35] - The company is optimistic about its growth trajectory, expecting continued strong performance despite potential timing risks in deal closures [21][72] - Management emphasized the importance of AI in driving operational efficiency and safety, aligning with customer interests in digital transformation [70][97] Other Important Information - Samsara's new positive recognition tools aim to improve employee engagement and safety outcomes through gamification [10] - The company is actively addressing customer feedback regarding maintenance complexities and supply chain resilience [13][14] Q&A Session Summary Question: Sales cycle elongation and deal quality - Management indicated that the quality and size of deals closed in May remained consistent, despite macro uncertainties impacting timing [33][35] Question: OEM investments and competitive positioning - Management highlighted that partnerships with OEMs facilitate easier data integration and enhance customer insights, strengthening competitive positioning [36][78] Question: Impact of macro environment on sales capacity - Management stated that sales productivity remains strong, allowing for continued investment in sales capacity [56] Question: International market momentum - Management noted that 18% of net new ACV came from international markets, particularly Europe, which has shown increased interest in digital technologies [84] Question: AI's role in customer conversations - Management confirmed that AI is increasingly a focal point in discussions with customers, who are interested in its application for operational efficiency [70] Question: Dollar-based net retention rate - Management reported a strong dollar-based net retention rate of approximately 115%, indicating robust customer expansion [111]

Samsara, Inc. IOT released its first-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter. The Details: Samsara reported quarterly adjusted earnings of 11 cents per share, beating the consensus estimate of six cents. Quarterly revenue came in at $366.9 million, beating the Street estimate of $351.42 million. Read Next: Trump Announces China Trade Talks, Tesla Stock Slumps: What’s Driving Markets Thursday?“We delivered a strong first quarter of the new fiscal year ...

Financial Performance - Q1 FY26 ARR reached $1.54 billion, a 31% year-over-year growth, also 31% when adjusted for constant currency[11] - Q1 FY26 Adjusted Free Cash Flow was $46 million, resulting in a 12% Adjusted Free Cash Flow Margin[11] - The company is guiding for Q2 FY26 total revenue between $371 million and $373 million, representing 24% year-over-year growth[48] - The company is guiding for FY26 total revenue between $1.547 billion and $1.555 billion, representing 24% year-over-year growth[48] Customer Growth - The company has 2,638 customers with ARR over $100,000, a 35% year-over-year increase[11] - 85%+ core customers use multiple products[41] Product and Market - 18% of net new ACV mix came from non-US geographies in Q1, tying for the highest ever[43] - Construction contributed the highest net new ACV mix for the 7th consecutive quarter[43] - Equipment Monitoring saw its 4th consecutive quarter of accelerated year-over-year net new ACV growth[43] Safety and Efficiency - A study showed that 79% of drivers have experienced a near-miss while driving distracted[16] - A study showed that 67% of drivers have experienced drowsiness[16]

Exhibit 99.1 "We delivered a strong first quarter of the new fiscal year with Q1 revenue of $366.9 million, growing 32% year-over-year in constant currency," said Sanjit Biswas, CEO and co-founder of Samsara. "In today's uncertain macro environment, we are partnering with our customers to help them get more out of their labor, resources, and assets. Our AI-powered platform delivers a clear and fast ROI for our customers and improves the safety, efficiency, and sustainability of their operations." First Quar ...

Core Insights - Samsara Inc. is scheduled to report its earnings on June 5, 2025, with historical data indicating a 62% positive one-day return rate post-earnings announcements since 2022, a median increase of 14.7%, and a maximum single-day positive return of 27.9% [1][5][7] Financial Performance - Current consensus estimates predict earnings of $0.06 per share on revenues of $351 million, compared to earnings of $0.03 per share on revenues of $281 million in the same quarter last year [3] - Samsara has a market capitalization of $26 billion and generated $1.2 billion in revenue over the past twelve months, but reported an operating loss of $185 million and a net loss of $155 million during that period [4] Historical Earnings Reaction - Over the past five years, there have been 13 earnings data points for Samsara, with 8 positive and 5 negative one-day returns, resulting in a 62% positive return rate, which increases to 64% when considering the last three years [7] - The median of the 8 positive returns is 15%, while the median of the 5 negative returns is -12% [7] Trading Strategies - Two primary strategies for traders include understanding historical probabilities to position before earnings releases or analyzing immediate and medium-term returns post-earnings to inform subsequent actions [2] - A less risky strategy involves examining the correlation between short-term and medium-term returns after earnings, allowing traders to take positions based on the strongest correlations [6]

Group 1 - Samsara Inc. stock closed at $46.48, down 0.66% from the previous day, underperforming the S&P 500, which fell 0.56% [1] - Over the past month, Samsara's shares have increased by 19.24%, outperforming the Computer and Technology sector's gain of 11.21% and the S&P 500's gain of 7.37% [1] Group 2 - The upcoming earnings report for Samsara Inc. is scheduled for June 5, 2025, with projected EPS of $0.06, indicating a 100% increase year-over-year [2] - Revenue is expected to reach $351.46 million, reflecting a growth of 25.19% compared to the same quarter last year [2] Group 3 - For the fiscal year, earnings are projected at $0.33 per share and revenue at $1.53 billion, representing increases of 26.92% and 22.42% respectively from the prior year [3] Group 4 - Recent changes in analyst estimates for Samsara Inc. indicate positive revisions, suggesting analysts' confidence in the company's performance and profit potential [4] Group 5 - The Zacks Rank system, which evaluates estimate changes, currently ranks Samsara Inc. as 3 (Hold), with no changes in the consensus EPS estimate over the past month [6] Group 6 - Samsara Inc. has a Forward P/E ratio of 141.79, significantly higher than the industry average of 29.23, indicating a premium valuation [7] - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 57, placing it in the top 24% of over 250 industries [7]

Company Performance - Samsara Inc. (IOT) closed at $46.14, reflecting a +1.07% change from the previous day, outperforming the S&P 500's loss of 0.04% [1] - The stock has increased by 22.65% over the past month, surpassing the Computer and Technology sector's gain of 20.6% and the S&P 500's gain of 13.42% [1] Upcoming Earnings - Samsara Inc. is set to release its earnings report on June 5, 2025, with an expected EPS of $0.06, indicating a 100% growth year-over-year [2] - The consensus estimate for quarterly revenue is $351.46 million, representing a 25.19% increase from the same period last year [2] Full Year Projections - For the full year, earnings are projected at $0.33 per share and revenue at $1.53 billion, showing increases of +26.92% and +22.42% respectively from the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for Samsara Inc. reflect short-term business trends, with positive revisions indicating analysts' confidence in the company's performance [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Samsara Inc. at 3 (Hold) [6] Valuation Metrics - Samsara Inc. has a Forward P/E ratio of 138.33, indicating a premium compared to its industry's Forward P/E of 28.41 [6] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 62, placing it in the top 26% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Insights - WasteVision AI and Samsara have announced a new integration that enhances Operational AI capabilities for waste management, aiming to improve efficiency and security in waste collection operations [1][2][3] Company Overview - WasteVision AI is recognized as a leading provider of advanced Operational AI solutions specifically for the waste management industry, focusing on automating critical processes and intelligent monitoring technologies [5] - Samsara, listed on NYSE as IOT, is a pioneer in the Connected Operations® Platform, enabling organizations to leverage IoT data for actionable insights and operational improvements across various sectors [5] Integration Details - The integration combines Samsara's IoT expertise with WasteVision AI's Operational AI technology, offering tools such as automated overflow detection, contamination detection, and photo and video-based service verification [2][3] - Customers of Samsara can access WasteVision AI's capabilities immediately through the Samsara App Marketplace, facilitating modernization in waste collection operations [3] Industry Impact - This collaboration is expected to benefit waste collection businesses of all sizes, helping them remain competitive in a rapidly evolving industry while contributing to sustainability efforts [3]

Group 1 - Samsara Inc. closed at $46.93, down 1.7% from the previous trading session, underperforming the S&P 500 which gained 0.41% [1] - The stock has increased by 22.88% over the past month, outperforming the Computer and Technology sector's gain of 15% and the S&P 500's gain of 9% [1] Group 2 - The upcoming earnings report for Samsara Inc. is scheduled for June 5, 2025, with an expected EPS of $0.06, reflecting a 100% increase from the same quarter last year [2] - Revenue is forecasted to be $351.46 million, indicating a 25.19% increase compared to the year-ago quarter [2] Group 3 - For the entire fiscal year, earnings are projected at $0.33 per share and revenue at $1.53 billion, representing increases of 26.92% and 22.42% respectively from the prior year [3] - Recent analyst estimate revisions suggest optimism regarding the company's business and profitability [3][4] Group 4 - Samsara Inc. has a Forward P/E ratio of 144.67, significantly higher than the industry average of 28.87, indicating it is trading at a premium [6] - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 75, placing it in the top 31% of over 250 industries [6]