Summary by Moomoo AI
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.
