Samsara Inc Stock Price, News & Analysis

Samsara (NYSE:IOT) has partnered with First Student to equip approximately 46,000 school buses with advanced AI-powered technology solutions. The integration combines Samsara's Connected Operations Platform with First Student's HALO technology platform to enhance safety and operational performance in student transportation.

The comprehensive solution includes AI-powered video safety, telematics, commercial navigation, door monitors, and student ridership tracking. Key features include AI cameras with risk detection, collision avoidance systems, predictive safety analytics, and tech-enabled fleet operations tools. The partnership aims to improve the transportation experience for students, families, drivers, and school districts through real-time insights and enhanced safety measures.

Samsara (NYSE: IOT) reported strong Q2 FY26 results, achieving $1.6B in Annual Recurring Revenue (ARR), representing 30% year-over-year growth. The company set a quarterly record by adding 17 new customers with $1M+ in ARR, with large customers now generating over 20% of total ARR. Customers with $100K+ ARR contribute nearly $1B, representing 59% of total ARR.

Notable customer wins include Alaska Airlines, SRM Concrete, and Bonnie Plants. The company's Connected Operations Platform processes ~20T data points annually (50% YoY growth) and manages 90B+ miles traveled. Samsara introduced several new AI-powered features including AI Multicam, Driver Qualifications, Route Planning, and Worker Safety solutions. Customer success stories include Maxim Crane Works saving $13M in maintenance costs and Mohawk Industries saving $7.75M annually through improved routing efficiency.

Samsara (NYSE:IOT) reported strong Q2 FY2026 financial results, with revenue reaching $391.5 million, marking a 30% year-over-year growth. The company's Annual Recurring Revenue (ARR) grew to $1.640 billion, also up 30% year-over-year.

Key highlights include significant customer growth, with 2,771 customers having ARR over $100,000 (up from 2,120 year ago), generating approximately $1 billion of ARR. The company demonstrated improved profitability with Non-GAAP operating income of $59.7 million and margin of 15%, up from 6% year ago.

Looking ahead, Samsara provided strong guidance for FY2026, projecting revenue of $1.574-1.578 billion with 26% year-over-year growth and a 15% Non-GAAP operating margin.

Samsara (NYSE: IOT) has launched a Pre-Delivery Installation program through partnerships with Daimler Truck North America and Fontaine Modification. This initiative enables the installation of Samsara's telematics devices and cameras in vehicles before delivery, eliminating post-delivery downtime.

The program offers significant operational benefits, including faster vehicle deployment, automated subscription activation, and reduced administrative overhead. Customers receive trucks with pre-installed Vehicle Gateways, AI Dash Cams, and AI Multicam systems, ready for immediate use. Early trials with Southeastern Freight Lines demonstrated successful implementation, resulting in immediate vehicle integration upon delivery.

Daimler Truck will integrate Samsara hardware at their facilities through Custom Truck Services, while Fontaine Modification will perform installations across multiple U.S. modification centers. Samsara plans to expand this program to additional vehicle manufacturers and upfit partners.

Samsara (NYSE: IOT), the Connected Operations® Platform pioneer, has appointed Gary Steele to its Board of Directors. Steele brings over 30 years of technology leadership experience, currently serving as CEO of Shield AI and previously holding key positions at Cisco and Splunk.

As Splunk's CEO, Steele achieved notable success in business transformation, delivering double-digit revenue growth and accelerating AI-powered innovation. He was also the founding CEO of Proofpoint, which he grew from a startup to a leading security-as-a-service provider over two decades.

The appointment aligns with Samsara's focus on product innovation and operational excellence, as the company continues to expand its AI-powered offerings and drive multi-product adoption.

Samsara (NYSE: IOT) has announced its Safety Summit Series, a multi-city roadshow launching on August 28, 2025 in Philadelphia. The summit will tour 12 locations across the U.S. and Canada through March 2026, bringing together industry leaders including American Trucking Associations, Together for Safer Roads, and Marsh.

The summit will focus on AI-powered safety solutions for physical operations organizations, featuring discussions on reducing crash risks, improving driver retention, and protecting frontline workers. Key topics include AI-powered cameras, Weather Intelligence, automated safety coaching, and enhanced privacy settings.

Samsara (NYSE: IOT) announced widespread adoption of its Connected Operations® Platform by thousands of public sector organizations across the United States. The AI-powered platform has demonstrated significant impact in helping government agencies and educational institutions optimize operations and enhance community services.

Key results from implementations include Michigan State University's 71% reduction in idling, Athens-Clarke County's 50% reduction in harsh driving events, and the City of Memphis achieving a 75% reduction in distracted driving. The platform enables organizations to maximize budgets, protect frontline workers, accelerate emergency response, and automate workflows through AI insights and real-time data.

Samsara's technology is strengthened through strategic collaborations with Carahsoft, Esri, and FirstNet®, Built with AT&T, making it easier for public sector organizations to adopt and scale modern technology while enhancing operational efficiency and community support.

Samsara (NYSE: IOT), provider of the Connected Operations® Platform, has scheduled its second quarter fiscal year 2026 earnings release for September 4, 2025, after U.S. market close. The company will host a live webcast at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results.

The earnings webcast will be available through Samsara's investor relations website, with a replay option accessible afterward. The press release containing the financial results will be published on the investor relations website before the event begins.

Samsara (NYSE:IOT) announced that its client, Vp Brandon Hire Station, has achieved significant safety and cost improvements using Samsara's Connected Operations® Platform. The UK's leading tool and equipment hire specialist has reduced accident-related costs by 40%, resulting in annual savings of £192,000.

The implementation of AI dash cams and GPS tracking across their 500-vehicle fleet has led to remarkable improvements, including a 93% reduction in mobile phone use while driving, 88% decrease in speeding incidents, and a 63% reduction in harsh driving events. Driver safety scores improved from 83 to 93, with 92 drivers achieving perfect scores.