Samsara's stock rose 4.9% in afternoon trading after the company reported second-quarter fiscal 2026 results that beat expectations and raised its full-year revenue outlook. Revenue came in at $508.4 million, up 29.9% year over year, with adjusted earnings per share of $0.20 and GAAP earnings per share of $0.03. The company also added $134.1 million in net new annual recurring revenue, bringing total annual recurring revenue to $2.13 billion. For the full year, Samsara lifted its revenue guidance to a range of $2.043 billion to $2.047 billion, or $2.05 billion at the midpoint. Following the initial pop, shares cooled to $39.77, up 2% from the previous close, and multiple analysts raised their price targets.
Samsara IncStrong Q2 results beat expectations and raised full-year revenue outlook.
