|IOT Overview
IOT

Samsara Inc.

Technology • CIK: 0001642896

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Market Cap
$22.88B
P/E (TTM)
-502.1x
Rev Growth (TTM)
+29.0%
Net Margin (TTM)
-2.8%
FCF Yield (TTM)
0.8%
FCF Margin (TTM)
12.8%

LATEST EARNINGS

Q3 FY2026
3 months ago
View source
Revenue
$415.98M
+29.2%
Net Income
$7.77M
-120.5%
EPS
$0.01
-114.3%
Gross
77.0% +1.0%
Operating
0.0% +15.0%
Net
1.9% +13.6%
  • Total revenue grew 29% year-over-year to $416.0 million, matching constant currency growth.
  • Ending ARR reached $1.745 billion, up 29% year-over-year, also in constant currency.
  • Achieved the first quarter of GAAP profitability with net income of $7.8 million.
  • GAAP operating loss significantly improved to $(1.7) million from $(47.4) million in the prior year.

Cash Flow Health

Free Cash Flow7/8 positive
TTM$194M
Q3 '26
$56M+26%
Q2 '26
$44M-3%
FCF Margin
TTM12.8%
Q3 '2613.4%+19%
Sector: 10.0%Above Avg
OCF Margin14.5%
OCF/NI-5.20x
CapEx Coverage8.4x
FCF Yield0.8%
FCF Growth (2Y)
Cash Conversion Cycle
63 days
DSO: 55+DIO: 45DPO: 37

Capital Allocation & Returns

Total Shareholder Yield
TTM0.0%
Div Yield0.0%

Insufficient data

Dividend & Payout Metrics
Dividend Yield (TTM)0.0%
Free Cash Flow (TTM)$194.2M
Capital Return / FCF0.0%
Est. Dividends Paid (TTM)$0
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
-8.4%
Volatile
+0.8% YoY+42.7%
P25MedianP75
25th pctl (med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
-6.3%
8Q: -12.3%
Asset Turnover
0.72x
8Q: 0.71x
Leverage (1+D/E)
1.00x
D/E: 0.00x
DuPont: -4.6%-8.4% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
23.59x
8Q:22.52x
+387.8%
Invested Cap Turn
2.88x
8Q:2.63x
+76.1%
CapEx Intensity
4.9%
8Q:4.4%
CapEx/Depreciation
1.22x
Depreciation Rate Trend
⚠ Declining -2.1%
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ3 2026Q2 2026Q1 2026Q4 2026Q3 2025Q2 2025Q1 2025Q4 2025
Revenue
$1.5B
$416.0M6.3%
$391.5M6.7%
$366.9M5.9%
$346.3M7.5%
$322.0M7.3%
$300.2M6.9%
$280.7M1.6%
$276.3M
Operating Income
$-80.0M
$-1.7M93.5%
$-26.6M20.0%
$-33.3M80.6%
$-18.4M61.1%
$-47.4M
$0100.0%
$-58.2M11.8%
$-66.0M
Net Income
$-42.4M
$7.8M146.2%
$-16.8M24.1%
$-22.1M97.5%
$-11.2M70.4%
$-37.8M23.8%
$-49.6M11.9%
$-56.3M50.3%
$-113.4M
Operating Cash Flow
$220.3M
$63.7M27.0%
$50.2M4.7%
$52.6M2.3%
$53.9M49.6%
$36.0M98.8%
$18.1M23.5%
$23.7M156.5%
$-41.9M
Free Cash Flow
$194.2M
$55.8M26.4%
$44.2M3.3%
$45.7M5.8%
$48.5M55.3%
$31.2M138.0%
$13.1M29.5%
$18.6M142.3%
$-44.0M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
-502.1x
Volatile
8Q: -526.8x+177196%
Valuation Lenses
Earnings
-502.1x
vs sector
Cash Flow
116.5x
EV/FCF vs
Growth-Adj
PEG
N/A
Quality-Adj
P/E per %ROIC
ROIC: -8.4%
Shareholder Returns
Dividend
Buyback
Total Yield
Market Cap$22.88B
EV$22.62B
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
-7/100
Below Average

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Below Avg
-3.7%
8Q:
Return on Invested Capital (ROIC)Below Avg
-8.4%
8Q:
+42.7%
vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: -6.3%
Asset Turnover: 0.72x

Earnings Quality

Cash Conversion

-5.20x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin76.9%

Capital Efficiency

Invested Capital Turnover2.88x

Working Capital

Cash Conversion Cycle63 days

Growth Quality & Momentum

Moderate Growth
Growth Quality Score
70/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
29.0%
OpInc Growth YoY
96.4%
EPS Growth YoY
83.0%
FCF 3Y CAGR
N/A

Margin Quality & Sustainability

Moderate
Profitability Cascade
Gross
76.9%
Operating
-5.3%
Below Avg in sector
Net
-2.8%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
+15.6 pts
FCF: 12.8% | Net: -2.8%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Fortress
Net Debt / EBITDA
Net Cash
(0.0x)Net Cash: $296.38M
Interest Coverage
+Net cash position: $296.38M
Leverage Metrics
Debt-to-Equity
0.00x
Balance sheet risk & solvency analysis