Filing Flows › Samsara (IOT) › Q1 FY26
Samsara (IOT) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jun 10, 2025
Samsara (IOT) reported revenue of $367M for the first quarter fiscal 2026 (Q1 FY26), +31% from a year earlier and +6% from the quarter before. Operating margin was -9.1%, net loss $22.1M (6.0% of revenue).
Samsara, Q1 FY26: revenue $367M (+31% year over year), operating margin -9.1%, net loss $22.1M, operating cash flow $52.6M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $367M | +6% | +31% |
| Operating profit | −$33.3M | — | — |
| Net earnings | −$22.1M | — | — |
| Operating cash flow | $52.6M | -2% | +122% |
| Free cash flow | $45.7M | -6% | +146% |
What changed
Revenue was $366.9M in Q1 FY26, up 31% year over year and up 6% from the previous quarter. Subscription revenue was the largest line at 98% of revenue. Subscription revenue added $83.4M year over year (up 30%), 97% of the total change.
Gross margin was 77.3%, up 1.8 points from a year earlier. Operating costs exceeded revenue by $33.3M, an operating margin of -9.1%. Operating expenses grew 14% against revenue growth of 31%. The fastest-growing cost line was General & admin (+18%). The quarter ended with a net loss of $22.1M, wider than the previous quarter's $11.2M loss. Non-operating items added $12.7M, -62% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $52.6M (up 122% year over year). Non-cash charges added back $5.1M of depreciation and amortization and $77.1M of share-based compensation. Working capital and other items used $7.5M. Capital expenditures of $6.9M left free cash flow of $45.7M.
Questions
What was Samsara's revenue in the first quarter fiscal 2026?
Samsara (IOT) reported revenue of $367M for the first quarter fiscal 2026 (Q1 FY26), +31% from a year earlier and +6% from the quarter before.
Was Samsara profitable in the first quarter fiscal 2026?
Operating loss was $33.3M (-9.1% of revenue) and net loss $22.1M.
Source: Samsara 10-Q on SEC EDGAR.