Samsara reported strong financial results for Q3 fiscal 2025 ended November 2, 2024. Revenue soared 36% year-over-year to $322.0 million, driven by increased customer count and expanded purchases from existing clients. The company narrowed its net loss to $37.8 million from $45.5 million in the prior year period. Gross margin improved to 76% from 74% a year ago.Annual Recurring Revenue (ARR) grew 35% YoY to $1.35 billion, while customers with over $100,000 in ARR increased 38% to 2,303. Non-GAAP operating income reached $33.9 million, compared to $12.7 million last year. Free cash flow for the first nine months of fiscal 2025 was $63.0 million, up from $21.2 million in the same period last year.Samsara continues to invest in research and development, with R&D expenses rising 27% YoY to $77.0 million in Q3. The company ended the quarter with $913.0 million in cash and investments. Management remains focused on expanding its Connected Operations Cloud platform and growing its customer base, while improving operational efficiencies.

Samsara reported strong financial results for Q3 fiscal 2025 ended November 2, 2024. Revenue soared 36% year-over-year to $322.0 million, driven by increased customer count and expanded purchases from existing clients. The company narrowed its net loss to $37.8 million from $45.5 million in the prior year period. Gross margin improved to 76% from 74% a year ago.Annual Recurring Revenue (ARR) grew 35% YoY to $1.35 billion, while customers with over $100,000 in ARR increased 38% to 2,303. Non-GAAP operating income reached $33.9 million, compared to $12.7 million last year. Free cash flow for the first nine months of fiscal 2025 was $63.0 million, up from $21.2 million in the same period last year.Samsara continues to invest in research and development, with R&D expenses rising 27% YoY to $77.0 million in Q3. The company ended the quarter with $913.0 million in cash and investments. Management remains focused on expanding its Connected Operations Cloud platform and growing its customer base, while improving operational efficiencies.