NYSE$IOT

Samsara Inc · Q3 2025 earnings

Q3 2025 earnings · · Investor relations

Briefing

Samsara reported strong Q3 FY25 results with record profitability and significant customer growth.

Samsara delivered strong Q3 FY25 results with $322 million in revenue and record non-GAAP margins, driven by growth in large enterprise customers and expansion of AI-powered offerings.

  • Revenue reached $322 million, growing 36% year-over-year.
  • Adjusted free cash flow margin hit a record 10%.
  • Added 170 customers with over $100K ARR, second highest quarterly additions.
  • Surpassed 100 customers with $1M+ ARR.

Headline financials

Total Revenue

$322M

Previous: $238M+35.6%
EPS

-$0.07

Previous: $0.07-200.0%
Annual Recurring Revenue

$1.35B

Previous: $1B+34.9%
ARR Constant Currency

$1.35B

No prior period
Revenue Constant Currency

$322M

No prior period
GAAP Gross Margin

76.0%

No prior period
Non-GAAP Gross Profit

$250M

No prior period
Non-GAAP Gross Margin

78.0%

No prior period
GAAP Operating Margin

-15.0%

No prior period
Non-GAAP Operating Income

$33.9M

No prior period
Non-GAAP Operating Margin

11.0%

No prior period
Net Cash From Operations

$36M

No prior period
Operating Cash Flow Margin

11.0%

No prior period
Adjusted Free Cash Flow

$31.2M

No prior period
Adjusted Free Cash Flow Margin

10.0%

No prior period
Capital Expenditures

-$14.8M

Previous: -$8.86M-67.4%
Free Cash Flow

-$52.6M

Previous: -$54.4M+3.2%
Net Income

-$37.8M

Previous: -$45.5M+17.0%
Operating Income

-$47.4M

Previous: -$54.8M+13.5%
Gross Profit

$246M

Previous: $176M+39.8%
Cash & Equivalents

$160M

Previous: $208M-22.9%
Total Assets

$1.86B

Previous: $1.69B+10.5%
R&D Expense

$77M

Previous: $60.8M+26.6%

Revenue & EPS history

Samsara · Revenue · Quarterly

$322M

Q3 2025+35.6%vs Q3 2024
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

Samsara raised FY25 revenue and profitability guidance, projecting continued growth and efficiency.

Tailwinds

  • FY25 revenue guidance raised to $1.237–$1.239 billion
  • FY25 non-GAAP EPS expected between $0.22–$0.23
  • FY25 non-GAAP operating margin raised to 7%
  • Q4 revenue expected between $334–$336 million
  • Q4 non-GAAP EPS expected between $0.07–$0.08

Headwinds

  • Q4 FY25 has one fewer week vs. Q4 FY24, reducing YoY growth by 3 percentage points
  • No new upward revision to Q4 revenue vs. prior implied guidance
  • FY25 equity dilution expected under 2%
  • Q4 net new ARR expected only in line with consensus
  • High growth still dependent on international and product expansion

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+5.0%

Avg return

Earnings day

+7.9%

Avg return

5 days after

+7.8%

Avg return

30 days after

71%

15 / 21 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
Q1 2027-1.1%-7.1%
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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