Samsara's FY26 Shows Accelerated Growth at Scale as AI Platform Delivers Clear Benefits to Organizations Powering the Global Economy
MWN-AI** Summary
Samsara Inc. (NYSE: IOT), a leader in the Connected Operations® Platform, has reported robust financial performance for fiscal year 2026 (FY26), with significant growth that highlights the increasing importance of AI and IoT in operational efficiency. The company achieved an impressive annual recurring revenue (ARR) of $1.9 billion, marking a 30% year-over-year growth, along with $432 million in net new ARR, which reflects a 21% increase. Notably, Samsara's largest customers, those contributing over $100,000 in annual revenue, generated $1.2 billion in ARR—an impressive 37% annual growth.
Samsara's platform processes more than 25 trillion data points each year, creating a powerful proprietary data asset that fosters a unique network effect. This data advantage is central to the company’s strategy, enhancing its AI capabilities and delivering insights that drive operational improvements for its customers. In FY26, notable wins included partnerships with organizations across various sectors such as transportation, logistics, and utilities, demonstrating the versatility of the Samsara platform.
Samsara’s technology has tangible impacts, with its solutions reportedly preventing 380,000 accidents and digitizing 340 million workflows in FY26 alone. The company is strongly positioned for sustained growth as it provides critical tools to essential organizations reliant on physical assets and labor. CEO Sanjit Biswas emphasized the phase-wise transformation approach, which progresses from basic connectivity to comprehensive automation through AI.
With a clear focus on enhancing safety, efficiency, and sustainability, Samsara continues to build on its innovations, joining forces with a diverse range of customers to optimize operations globally, making it a vital player in enabling a more connected economy.
MWN-AI** Analysis
Samsara's fiscal year 2026 (FY26) results highlight a robust trajectory of growth, characterized by a remarkable $1.9 billion in annual recurring revenue (ARR), achieving a 30% year-over-year increase. The company's success is driven by its innovative Connected Operations® Platform that leverages AI to optimize operational efficiencies across numerous sectors.
As organizations grapple with the pressing need for digitization, Samsara's offerings are proving indispensable. The sharp increase in net new ARR, reaching $432 million (up 21% YoY), underscores the accelerated adoption of their services, particularly among larger clients, as evidenced by the significant 37% growth within its $100K+ customer cohort.
The substantial flow of over 25 trillion data points annually enhances Samsara's competitive edge. This data not only enriches their platform but also creates a powerful network effect, allowing their AI models to evolve and provide increasingly actionable insights for customers. Companies like Estes exemplify how Samsara’s customers can scale operations by integrating various functionalities, from telematics to equipment monitoring.
For investors, Samsara stands out as a well-positioned player benefitting from long-term trends favoring operational digitization. The firm not only targets immediate operational ROI for clients but also positions them for future innovations, reinforcing its potential as a key technology partner in the economy.
As businesses continue to navigate the complexities of physical operations, Samsara’s focus on safety and efficiency makes its value proposition compelling. Market dynamics indicative of sustained demand suggest that maintaining or increasing position in Samsara could yield fruitful long-term returns, especially as it continues to expand its customer base and deepen existing relationships. Given these factors, Samsara appears poised for durable growth, a strong sell signal for long-term investors aiming to capitalize on trends in operational technology and AI integration.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
- $1.9B in FY26 ARR 1 , 30% YoY growth, representing a year of durable and efficient growth
- $432M in FY26 net new ARR, 21% YoY growth, demonstrating accelerated growth at a much larger scale
- $1.2B in ARR from $100K+ customers in FY26, 37% YoY growth, showing momentum is strongest with its largest customers
- 25T+ data points flow through the Samsara platform annually, a growing and proprietary data asset that fuels a powerful network effect
Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced strong financial results and performance for the fourth quarter and fiscal year 2026, highlighted by:
Q4 FY26 Results:
- $444M in Q4 revenue, 28% YoY increase
- 13 $1M+ net new ACV transactions in Q4, a quarterly record
- Second consecutive quarter of GAAP profitability
Ending FY26 Results:
- $1.9B in FY26 ARR, 30% YoY growth
- $432M in FY26 net new ARR, 21% YoY growth
- $1.2B in ARR from its $100K+ customer cohort in FY26, 37% YoY growth
Delivering Impact with Industry-Leading Operators
Physical operations organizations select Samsara to solve their most complex challenges, driving innovations that enhance their own performance while delivering a profound safety impact for all who share the roads.
In FY26, Samsara and its customers 2 :
- Prevented 380K accidents
- Traveled 100B safer miles
- Digitized 340M workflows
Samsara demonstrated its ability to scale across diverse sectors through key Q4 wins and expansions, featuring a wide range of public and private sector leaders, including Dawsongroup, Estes, Groundworks, North American Central School Bus, Southern California Edison, The Metropolitan Transit Authority of Harris County, Texas, Total Safety, and Werner Enterprises.
Many customers extend beyond their initial deployment in vehicles and into trailers, assets, routing, navigation, and maintenance as they digitize their entire operations with Samsara. Estes, the largest privately held freight transportation company in North America, is one example expansion from Q4. After partnering for Video-Based Safety and Telematics, Estes added Equipment Monitoring (Asset Gateways and Asset Tags) and Connected Asset Maintenance, unifying its operations on the Samsara platform.
Why Samsara is Well-Positioned for Durable Growth
Samsara serves the backbone of the global economy—essential organizations that rely heavily on physical assets and labor. While customers often realize immediate ROI by connecting their operations to the cloud, the digitization of physical operations is a multi-decade opportunity that represents a massive, long-term growth runway for Samsara.
The company continues to differentiate its position through a unique and defensible data advantage, AI innovation, and strong customer partnerships. By instrumenting physical assets with IoT devices, Samsara generates an expansive, proprietary data set that is increasingly difficult to replicate. As of FY26, the company processes more than 25T data points annually.
This foundational moat fuels a powerful data network effect: as Samsara adds more customers and assets, its AI models become more insightful for everyone on the platform, creating a compounding advantage.
“Since our founding more than a decade ago, we have committed to digitizing the world’s physical operations,” said Sanjit Biswas, co-founder and CEO at Samsara. “This transformation occurs in three phases: it starts with connecting assets and frontline workers, then surfacing insights with AI, and ultimately automating entire workflows with AI agents. Our platform is foundational to our customers’ safety and performance, and we remain focused on delivering clear outcomes throughout their digitization journey.”
To learn more about Samsara’s Q4 and FY26 results, visit its Investor Relations website . For information about recent product innovations, visit:
- Samsara Launches Asset Tag XS, Integrates Hubble’s Terrestrial Network of 90M Consumer Smartphones to Further Strengthen Network
- Introducing Samsara Coach: AI-Powered Driver Coaching at Scale
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Forward-Looking Statements and Other Legal Notices
This press release contains forward-looking statements that are based on our management’s beliefs and assumptions and on information currently available to management. These statements relate to, but are not limited to, current expectations about our market opportunity, product adoption by our customers, and the expansion of our product offerings, as well as assumptions relating to the foregoing. You should not put undue reliance on any forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. These statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements, including those described in our filings and reports that we may file from time to time with the Securities and Exchange Commission. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names or trademarks belong to their respective holders.
| _________________________ |
1 Samsara defines ARR as the annualized value of subscription contracts that have commenced revenue recognition as of the measurement date. |
2 Internal estimates for FY26. |
View source version on businesswire.com: https://www.businesswire.com/news/home/20260305964933/en/
Media Contact
Stephanie Burke
media@samsara.com
Investor Contact
Mike Chang
ir@samsara.com
FAQ**
How does Samsara Inc. Class A IOT plan to sustain its 30% YoY growth in FY26, especially in an increasingly competitive IoT landscape?
What strategies is Samsara Inc. Class A IOT employing to expand its $100K+ customer cohort that saw a 37% YoY growth?
Given the 25T+ data points processed annually, how does Samsara Inc. Class A IOT leverage its data network effect for future innovations?
Can Samsara Inc. Class A IOT provide insights on the effectiveness of their AI-driven solutions in preventing accidents and improving safety in physical operations?
**MWN-AI FAQ is based on asking OpenAI questions about Samsara Inc. Class A (NYSE: IOT).
NASDAQ: IOT
IOT Trading
-3.22% G/L:
$33.41 Last:
4,595,035 Volume:
$34.11 Open:
