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Samsara Inc.

Rank #107HypergrowthWatchlistCompare with other stocks

IOT · NYSE · Technology

Samsara Inc. (IOT) — Rank #107 by gross profitability (GP/assets 0.45) · ROE -0.6% · Piotroski F-Score 6 / 9.

As-of 2026-10-30 · CIK 0001642896 · all metrics point-in-time as of the filing date.

About

Samsara Inc. provides solutions to connect physical operations data to its connected operations platform in the United States and internationally.

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The company's Connected Operations Platform includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and a growing ecosystem of connected assets and third-party systems, and which has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy. Its applications include video-based safety; and telematics, which provides visibility into real-time vehicle location and diagnostics with GPS tracking, routing and dispatch, fuel management, driver recognition, electric vehicle usage and charge planning, preventative maintenance, and insights to manage fuel and energy costs. The company also provides site visibility that provides remote visibility into sites to enhance onsite security, safety, and incident response times. It serves transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and other industries.

The company was incorporated in 2015 and is headquartered in San Francisco, California.

Industry
Software - Infrastructure
Sector
Technology
State
NV
Filer Category
Large accelerated filer
Fiscal Year End
January 30

Company Snapshot

P/S is the primary valuation lens — earnings are reinvested, not available for P/E.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

4,100

Industry

Software - Infrastructure

Exchange

NYSE

11/12

Flags passed

IOT passes 11/12 quality flags

1 caution to review

  • CAUTION
    Dilution above 2%

    Annual share count increase exceeds 2%. May be acceptable for high-growth companies funding talent via stock compensation

  • PASS
    Gross margin holding
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Revenue not declining
  • PASS
    Operating margin holding
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    Balance sheet stable
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin
  • PASS
    No valuation convergence

Strengths Deferred revenue growing · RPO outpacing revenue · Sequential beat (rev + EPS)

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.45
Return on equity
-0.6%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.73
Current ratio
1.62×
Net cash
$291.39M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
19.5%

Growth

1/2 pass
Revenue growth
29.6%
Piotroski F-Score
6 / 9
Share dilution
3.1%

Revenue growth and the path to profitability (margin trend) are the primary reads at this stage.

Profitability

Does it make money well?

No warning flags · GP/assets 0.45

Gross profitability (GP / assets)

0.45

Primary signal (Novy-Marx).

1st of 8 SIC 7373 peers

Return on equity

-0.6%

Gross margin

76.7%

2nd of 7 SIC 7373 peers

Revenue growth (YoY)

29.6%

RPO growth (YoY)

42.0%

Remaining performance obligations growth — RPO > revenue = forward demand building.

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2023202420252026
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

35.4%

Revenue CAGR (5Y)

45.3%

Earnings CAGR (3Y)

—

FCF CAGR (3Y)

—

Cash Flow Health

Is the cash real?

No warning flags · FCF 2375% above net income

Free cash flow

$207.44M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

2375.4%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

19.5%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

Caution: Dilution above 2% · net cash $291.39M, F-Score 6/9

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.73

5th of 8 SIC 7373 peers (best = lowest)

Current ratio

1.62×

5th of 8 SIC 7373 peers

Quick ratio

0.65×

Net cash

$291.39M

Cash & equivalents minus total debt.

Piotroski F-Score

6 / 9

Fundamental-strength score (0-9).

Valuation

Is the price reasonable?

No warning flags

Capital allocation quality

Composite score

2.7 / 5

Fair
Share count trend
3.1%1/5 Weak
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory(deleveraging)
3.6%4/5 Strong

Lifecycle Phase History

20212026
Hypergrowth

Price History

IOT+60.1% · +10.4% CAGRSPY+73.1% · +12.2% CAGR

View full financial statements →

Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports