Samsara Inc Q4 revenue beats expectations

Reuters
Mar 06
Samsara Inc Q4 revenue beats expectations

Overview

  • Connected operations platform's Q4 revenue rose 28%, beating analyst expectations

  • Adjusted EPS for Q4 beat analyst expectations

  • Company achieved GAAP profitability for second consecutive quarter

Outlook

  • Samsara expects Q1 FY2027 revenue between $454 mln and $456 mln

  • Company projects FY2027 revenue of $1.965 bln to $1.975 bln

  • Samsara anticipates FY2027 non-GAAP EPS of $0.65 to $0.69

Result Drivers

  • AI PLATFORM EXPANSION - Samsara attributed its Q4 results to the scale of its data asset, fueling AI-powered platform innovations

  • AI AGENTS - Introduction of AI agents like AI Safety coach automating workflows and transforming operations

  • DATA-DRIVEN GROWTH - CEO cited proprietary data asset as key driver of growth and digitization

Company press release: ID:nBwb6Ryqqa

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Beat

$444.30 mln

$422.26 mln (17 Analysts)

Q4 Adjusted EPS

Beat

$0.18

$0.13 (19 Analysts)

Q4 Adjusted Gross Margin

77.00%

Q4 Adjusted Operating Margin

21.00%

Q4 Gross Profit

$338.40 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the software peer group is "buy"

  • Wall Street's median 12-month price target for Samsara Inc is $45.00, about 56.8% above its March 4 closing price of $28.69

  • The stock recently traded at 49 times the next 12-month earnings vs. a P/E of 68 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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