Samsara Inc. (NYSE: IOT) reported fourth-quarter results that exceeded analyst expectations and provided strong guidance for both the current quarter and fiscal year, sending shares more than 8% higher in pre-market trading.
The Connected Operations platform provider reported adjusted earnings per share of $0.18, beating the consensus estimate of $0.13 by $0.05. Revenue totaled $444.3 million, exceeding the $422.29 million forecast and representing 28% year-over-year growth. The company recorded its second consecutive quarter of GAAP profitability, posting GAAP earnings of $0.04 per share.
Samsara issued guidance that came in well above Wall Street expectations. For the first quarter of fiscal 2027, the company expects revenue between $454 million and $456 million, with a midpoint of $455 million compared with the $444.1 million consensus estimate. Adjusted EPS is projected between $0.12 and $0.13, aligning with the $0.12 estimate at the midpoint.
For the full fiscal year 2027, Samsara forecast revenue between $1.965 billion and $1.975 billion. The midpoint of $1.970 billion exceeds the $1.92 billion consensus forecast. Adjusted EPS guidance of $0.65 to $0.69 also surpasses the $0.58 estimate, with a midpoint of $0.67.
During the quarter, the company added $144.8 million in net new annual recurring revenue, representing 33% year-over-year growth and bringing total ARR to $1.890 billion. Samsara’s platform now processes more than 25 trillion data points annually. Adjusted operating margin expanded to 21%, up from 16% in the prior-year quarter.
