NYSE$IOT

Samsara Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Samsara reported strong Q2 FY25 results with continued revenue growth and record non-GAAP margins.

Samsara achieved durable growth in Q2 FY25 with $300 million in revenue and increased operating efficiency, adding 169 large customers and launching new product categories.

  • Revenue grew to $300 million, up 37% year-over-year.
  • Ended the quarter with $1.264 billion in ARR.
  • Achieved a record 6% non-GAAP operating margin.
  • Added 169 customers with over $100K ARR, surpassing 2,000 total.

Headline financials

Total Revenue

$300M

Previous: $219M+36.9%
EPS

-$0.09

Previous: $0.05-280.0%
Annual Recurring Revenue

$1.26B

Previous: $930M+35.9%
Capital Expenditures

-$10.1M

Previous: -$5.5M-82.7%
Free Cash Flow

-$59.7M

Previous: -$65.5M+8.9%
Net Income

-$49.6M

Previous: -$60M+17.3%
Operating Income

-$58.2M

Previous: -$69.8M+16.6%
Gross Profit

$227M

Previous: $160M+41.4%
Cash & Equivalents

$159M

Previous: $196M-18.8%
Total Assets

$1.83B

Previous: $1.64B+11.2%
R&D Expense

$76.5M

No prior period

Revenue & EPS history

Samsara · Revenue · Quarterly

$300M

Q2 2025+36.9%vs Q2 2024
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Forward guidance

Samsara raised its FY25 outlook, projecting higher revenue and profitability driven by strong Q2 performance and operational momentum.

Tailwinds

  • Q3 FY25 revenue expected between $309–$311 million, 30–31% YoY growth
  • FY25 revenue raised to $1.224–$1.228 billion
  • FY25 non-GAAP EPS raised to $0.16–$0.18
  • FY25 non-GAAP operating margin raised to 5%
  • Q3 non-GAAP EPS expected between $0.03–$0.04

Headwinds

  • Q4 FY25 guidance implies lower YoY growth (21–22%) due to one less week vs. prior year
  • Free cash flow margin for Q2 remained seasonally lowest at 4%
  • FY25 share dilution expected with weighted average shares rising to 579M in Q3
  • Continued macroeconomic uncertainty factored into forecast scenarios
  • Profitability improvements are still gradual with only 2 percentage point QoQ margin gain

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+5.3%

Avg return

Earnings day

+8.6%

Avg return

5 days after

+7.8%

Avg return

30 days after

75%

15 / 20 earnings

Positive

+24.9%

Q3 2022

Best reaction

-12.3%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+19.5%+8.5%+9.1%
Q3 2026+11.0%+10.6%-16.7%
Q2 2026+17.3%+8.1%+9.1%
Q1 2026+1.2%+2.6%+2.7%
Q3 2025-6.4%-18.6%-17.8%
Q2 2025+13.6%+18.8%+22.8%
Q1 2025-12.3%-15.6%+5.4%
Q4 2024+14.0%+11.6%-1.4%
Q3 2024+3.3%+12.7%+26.7%
Q2 2024+2.2%+18.9%-5.8%
Q1 2024-1.2%+45.9%+43.9%
Q4 2022+19.4%+28.2%+20.9%
Q4 2023+3.5%+28.2%+20.9%
Q3 2022+24.9%+22.5%+30.4%
Q3 2023+3.9%+22.5%+30.4%
Q2 2023+1.5%-12.7%-17.6%
Q2 2022-11.7%-12.7%-17.6%
Q1 2022+1.0%+4.5%+8.4%
Q1 2023+4.4%+4.5%+8.4%
Q4 2021-3.7%-16.1%-6.7%

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