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Samsara (IOT) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed Sep 9, 2025

Samsara (IOT) reported revenue of $391M for the second quarter fiscal 2026 (Q2 FY26), +30% from a year earlier and +7% from the quarter before. Operating margin was -6.8%, net loss $16.8M (4.3% of revenue).

Revenue$391M
Year over year+30%
Quarter over quarter+7%
Operating margin-6.8%
Net earnings−$16.8M

Samsara, Q2 FY26: revenue $391M (+30% year over year), operating margin -6.8%, net loss $16.8M, operating cash flow $50.2M. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$391M+7%+30%
Operating profit−$26.6M——
Net earnings−$16.8M——
Operating cash flow$50.2M-5%+177%
Free cash flow$44.2M-3%+237%

What changed

Revenue was $391.5M in Q2 FY26, up 30% year over year and up 7% from the previous quarter. Subscription revenue was the largest line at 98% of revenue. Subscription revenue added $88.6M year over year (up 30%), 97% of the total change.

Gross margin was 76.9%, up 1.3 points from a year earlier. Operating costs exceeded revenue by $26.6M, an operating margin of -6.8%. Operating expenses grew 15% against revenue growth of 30%. The fastest-growing cost line was General & admin (+19%). The quarter ended with a net loss of $16.8M, narrower than the previous quarter's $22.1M loss. Non-operating items added $11.4M, -75% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $50.2M (up 177% year over year). Non-cash charges added back $5.4M of depreciation and amortization and $81.1M of share-based compensation. Working capital and other items used $19.6M. Capital expenditures of $6.0M left free cash flow of $44.2M.

Questions

What was Samsara's revenue in the second quarter fiscal 2026?

Samsara (IOT) reported revenue of $391M for the second quarter fiscal 2026 (Q2 FY26), +30% from a year earlier and +7% from the quarter before.

Was Samsara profitable in the second quarter fiscal 2026?

Operating loss was $26.6M (-6.8% of revenue) and net loss $16.8M.

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Source: Samsara 10-Q on SEC EDGAR.