Annual Recurring Revenue(ARR)
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Samsara Shares Surge 12% as Q3 Revenue Jumps and Company Posts First GAAP Profit
Financial Modeling Prep· 2025-12-05 20:01
Core Insights - Samsara Inc. shares increased over 12% intra-day following strong Q3 fiscal 2026 results that exceeded expectations and raised full-year guidance [1] Financial Performance - Revenue for Q3 fiscal 2026 rose 29% year over year to $416 million, surpassing the consensus estimate of $399.25 million [1] - Adjusted earnings were reported at $0.15 per share, exceeding analysts' expectations of $0.12 [1] - Annual Recurring Revenue (ARR) reached $1.745 billion, also up 29% year over year in both actual and constant currency terms [2] - The company achieved its first quarter of GAAP profitability, reporting a net income of $7.8 million compared to a loss of $37.8 million a year earlier [2] Customer Growth - Samsara added a record 219 customers with ARR above $100,000, increasing the total to 2,990 [2] - These customers now contribute over $1 billion in ARR, growing at an annual rate of 36% [2] Future Guidance - The company raised its fiscal 2026 revenue guidance to a range of $1.595 billion to $1.597 billion, ahead of the consensus estimate of $1.58 billion [3] - Adjusted EPS is projected to be between $0.50 and $0.51, above Wall Street expectations of $0.47 [3]