Renewal Account Executive

Samsara (IOT) stock soars 14% as earnings crush estimates again. Samsara (IOT) stock surged 14% after Q2 revenue of $508M beat estimates. ARR hit $2.1B, guidance was raised, and Wall Street rates it a Strong Buy. By Trader Edge September 4, 2026 3 Mins Read Tldr. * Samsara reported Q2 revenue of $508.4 million, up 30% year over year, beating the $483 million estimate * Adjusted EPS came in at 20 cents, beating the 16 cents Wall Street expected * Annual recurring revenue hit $2.125 billion, also up 30%, with a record 242 customers adding $100K+ ARR * Samsara raised its full-year revenue outlook to $2.043B-$2.047B, up from $2.005B-$2.013B * IOT stock rose 14.4% on Friday, following a 5.3% gain the day before Samsara posted strong fiscal second-quarter results Thursday after the bell, sending IOT stock up 14.4% on Friday to around $44.33. The stock had already gained 5.3% on Thursday, closing at $38.75 ahead of the report. Q2 revenue came in at $508.4 million, up 30% year over year and well ahead of the $483 million analyst consensus. Adjusted earnings per share of 20 cents beat the 16 cents Wall Street had penciled in. It was also Samsara's fourth straight quarter of GAAP profit, a milestone worth noting for a company that was burning cash not long ago. Annual recurring revenue reached $2.125 billion, up 30%. Net new ARR was $134 million, up 28%. Samsara added a record 242 customers with more than $100,000 in ARR during the quarter. It also added 20 customers generating more than $1 million in ARR. ARR from customers above the $1 million mark topped $500 million. That figure has grown more than 50% year over year for three straight quarters. Customers going deeper on the platform. Among customers with more than $100,000 in ARR, 96% use at least two Samsara products and 72% use at least three. The company says large customers are shifting from single use cases to wider deployments across teams and operations. "What begins with one use case often grows into the platform they rely on across assets, teams, and workflows," said Amit Vyas, Samsara's chief revenue officer. Over the past year, customers digitized 340 million workflows and logged 105 billion miles on Samsara. The company also collected more than 30 trillion data points, up more than 40% from the prior year. Emerging products contributed more than 20% of net new annual contract value for the third straight quarter. New AI tools added. Samsara launched several new AI products during the quarter. These include a Bluetooth tracking label, an AI shipment center, and AI agents for safety, maintenance and dispatch. New camera tools cover rear collision alerts, blind-spot warnings and a 360-degree vehicle view. Customer use of some newer AI features rose more than fourfold over the past two months. Samsara said the volume of data it collects gives its AI more context, which it says leads to better results. On the outlook, the company raised its full-year revenue guidance to $2.043 billion-$2.047 billion, up from the prior range of $2.005 billion-$2.013 billion. Full-year adjusted EPS guidance was lifted to 76-78 cents, from 70-72 cents. Wall Street rates IOT as a Strong Buy, based on 12 Buy and four Hold ratings over the past three months. The average price target is $52.73, which implies about 36% upside from current levels. Several analysts have already raised their price targets following the report. IOT stock is up 9.31% year to date but remains down 7.94% over the past 12 months. Stop guessing and start investing with confidence. KnockoutStocks gives you the AI insights, market intelligence, and stock research you need to spot opportunities, cut through the noise, and make smarter investment decisions - all in one powerful platform. Simply use coupon code SPECIAL50 at checkout to claim your exclusive discount. Limited Time Offer Get 3 free stock ebooks. Discover top-performing stocks in AI, Crypto, and Technology with expert analysis. * Top 10 AI Stocks - Leading AI companies * Top 10 Crypto Stocks - Blockchain leaders * Top 10 Tech Stocks - Tech giants Futures & Crypto Trader | Sharing charts, strategies, & mindset tips to help you level up | Not Financial Advice Follow on X @Pro_Trader_Edge September 4, 2026

Samsara soars on strong earnings beat and solid guide. Luke Juricic Investing.com - Samsara Inc (NYSE:IOT) reported second quarter results that exceeded analyst expectations, with adjusted earnings per share of $0.20 beating the consensus estimate of $0.16 by $0.04. Revenue reached $508.4 million, surpassing the analyst estimate of $483.27 million and representing 30% growth YoY. Shares surged 13% in after-hours trading Thursday following the results. The company's annual recurring revenue (ARR) reached $2.125 billion, marking 30% YoY growth for the third consecutive quarter. Net new ARR of $134.1 million grew 28% YoY. The Connected Operations platform provider added a record 20 customers with ARR over $1 million during the quarter, bringing total ARR from this segment above $500 million with over 50% YoY growth. "Samsara delivered another quarter of durable and efficient growth, crossing $2.1 billion in ARR with 30% year-over-year growth for the third consecutive quarter," said Sanjit Biswas, CEO and co-founder of Samsara. "Our large customers continue to drive our momentum, and customer adoption of some of our latest AI features is up more than 4x in the last two months." For the third quarter, Samsara issued guidance of $514 million to $516 million in revenue, with a midpoint of $515 million exceeding the analyst consensus of $509.7 million. The company expects adjusted EPS of $0.18 to $0.19, with the midpoint of $0.185 slightly below the consensus of $0.19. For fiscal year 2027, Samsara projects revenue of $2.043 billion to $2.047 billion, representing 26% YoY growth. The company expects adjusted EPS of $0.76 to $0.78 and anticipates remaining GAAP profitable. Samsara reported its fourth consecutive quarter of GAAP profitability with GAAP EPS of $0.03.

Samsara reported strong second-quarter results, with revenue reaching $508.4 million, beating analyst estimates of $483.4 million and representing 29.9% year-on-year growth. The IoT solutions provider's non-GAAP earnings of $0.20 per share exceeded consensus estimates by 27.4%. The company raised its full-year revenue guidance to $2.05 billion from $2.01 billion and increased its adjusted EPS forecast to $0.77 at the midpoint. Next quarter's revenue guidance of $515 million came in 1% above analyst expectations. Operating margin improved to 1%, up from -6.8% in the same quarter last year. Annual recurring revenue reached $2.13 billion, growing 29.6% year on year. Billings totalled $530.2 million at quarter end, up 24.5% year on year. Following the results, Samsara's stock jumped 12.1%.