Samsara said on September 3 that it crossed $2.1 billion in annual recurring revenue, growing 30% year over year, with quarterly revenue of $508.4 million at the same rate and a fourth straight quarter of GAAP profitability at $0.03 per share. The company added a record 242 customers paying $100,000 or more in ARR, lifting that cohort to 3,605 customers and $1.3 billion in ARR, up 38% year over year, while 20 new customers spending $1 million or more pushed that group past $500 million in ARR with growth above 50%. Net new ARR reached $134.1 million, up 28% year over year, and international business tied a quarterly record at 18% of net new ACV. CFO Dominic Phillips said free cash flow margin is now expected to land about 100 basis points below fiscal 2026 levels, citing more IoT devices needed for the growth outlook, inventory that rose from $48.2 million to $57 million, and elevated supply chain costs in the back half. Third-quarter revenue is guided to $514 million to $516 million, 24% growth, and full-year fiscal 2027 revenue guidance of $2.043 billion to $2.047 billion implies 26% growth, with non-GAAP operating margin flat at 21% for both periods.
Samsara IncCrossed $2.1B ARR with 30% growth, record 242 new $100k+ customers and 20 new $1M+ customers, showing strong end-customer demand.
