Filing Flows › Samsara (IOT) › Q1 FY27
Samsara (IOT) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 9, 2026
Samsara (IOT) reported revenue of $479M for the first quarter fiscal 2027 (Q1 FY27), +31% from a year earlier and +8% from the quarter before. Operating margin was 1.5%, net earnings $44.5M (9.3% of revenue).
Samsara, Q1 FY27: revenue $479M (+30% year over year), operating margin 1.5%, net earnings $44.5M, operating cash flow $81.4M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $479M | +8% | +31% |
| Gross profit | $361M | +7% | +27% |
| Operating profit | $7.2M | -20% | — |
| Net earnings | $44.5M | +102% | — |
| Operating cash flow | $81.4M | +17% | +55% |
| Free cash flow | $73.2M | +19% | +60% |
What changed
Revenue was $478.8M in Q1 FY27, up 31% year over year and up 8% from the previous quarter. Subscription revenue was the largest line at 98% of revenue. Subscription revenue added $111.4M year over year (up 31%), 99% of the total change.
Gross margin was 75.4%, down 1.9 points from Q1 FY26. Operating profit was $7.2M, a 1.5% margin (up 10.6 points year over year). Operating expenses grew 12% against revenue growth of 31%. The fastest-growing cost line was Sales & marketing (+23%). Net earnings were $44.5M. The effective tax rate was 9.0%. Non-operating items added $41.7M, 85% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $81.4M (up 55% year over year), 183% of net earnings. Non-cash charges added back $7.9M of depreciation and amortization and $77.5M of share-based compensation. Working capital and other items used $48.5M. Capital expenditures of $8.2M left free cash flow of $73.2M.
Questions
What was Samsara's revenue in the first quarter fiscal 2027?
Samsara (IOT) reported revenue of $479M for the first quarter fiscal 2027 (Q1 FY27), +31% from a year earlier and +8% from the quarter before.
Was Samsara profitable in the first quarter fiscal 2027?
Operating profit was $7.2M (1.5% of revenue) and net earnings $44.5M.
Source: Samsara 10-Q on SEC EDGAR.