Shares in Samsara Inc. rose more than 8% in late trading today after the internet of things cloud platform provider impressed investors with revenue and earnings beats in its fiscal 2026 second quarter.
For the quarter that ended on Aug. 2, Samsara reported adjusted earnings per share of 12 cents, up from five cents per share in the same quarter of the previous fiscal year, on revenue of $391.5 million, up 30% year-over-year. Both figures were healthily ahead of the seven cents per share and revenue of $372.21 million expected by analysts.
As of the end of the quarter, Samsara reported annual recurring revenue of $1.64 billion, up 30% year-over-year, and it had 2,771 customers with annual recurring revenue of $100,000 or more, up from 2,120 a year ago. Customers with annual recurring revenue of $100,000 or more generated about $1 billion in annual recurring revenue, up 35% year-over-year.
Business highlights in the quarter included Samsara unveiling a suite of new artificial intelligence‑powered offerings designed to bolster safety, efficiency and operational intelligence across its platform.
The new offerings, announced at the company’s Beyond conference, include AI Multicam, a product that provides real‑time 360-degree high definition video monitoring around vehicles to reduce blind spots and accelerate incident response and Driver and Vehicle Qualifications, a cloud-based dashboard for managing compliance documentation and driver credentials.
On the logistics side, Samsara introduced new Route Planning and Commercial Navigation capabilities to help fleet operators move away from outdated mapping systems and manual route building. The new tools integrate with sales systems to create optimized delivery schedules and factor in traffic, weather and regulatory requirements. According to Samsara, early users saw up to 15% fewer vehicles needed for deliveries and significant reductions in route planning time.
“As the trusted partner to some of the world’s largest and most complex operations, we’re seeing firsthand how the rise of the AI-driven economy is amplifying demand for our platform,” co-founder and Chief Executive Sanjit Biswas said in the company’s earnings release. “We are innovating at an unprecedented pace and are excited to deliver even greater impact for our customers who keep the global economy running.”
For its fiscal 2026 third quarter, Samsara expects adjusted earnings per share of 11 to 12 cents on revenue of $398 million to $400 million. For the full year, the company expects adjusted earnings of 45 to 47 cents per share on revenue of $1.574 billion to $1.578 billion.
Samsara Chief Information Officer Stephen Franchetti spoke with theCUBE, News Media’s livestreaming studio, in August, when he discussed how Samsara is putting Workato’s Genies to work in the physical world:
Image: Samsara
Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.
- 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more
- 11.4k+ theCUBE alumni — Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network.
About News Media
Founded by tech visionaries John Furrier and Dave Vellante, News Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.
