Aviva and FNZ unveil latest innovations to enhance adviser experience
LONDON, June 3, 2025 /PRNewswire/ -- Following the launch of its Onshore Bond on Adviser Platform last month, Aviva is pleased to announce its latest technology developments, in partnership with FNZ, as part of its ongoing commitment to enhance support for advisers. The developments are already live with a group of selected firms, ahead of a full rollout planned later this year.
Firstly, Aviva Analytics is an advanced MI suite, to be hosted within a new Adviser Hub area on Aviva's Adviser Platform.
It will be available through self-serve and will provide access to complex and large volume data reports, containing comprehensive reports and MI. The new functionality will allow advisers to easily manipulate and access all the data in a single, easy to use report.
Aviva Analytics will provide additional data and enable Advisers to build bespoke reports and filtered by factors such as firm, investment type, product type, and individual adviser, without needing to export data to a spreadsheet.
In addition, further developments will also include enhanced ISA allowance availability and a consolidated view of fees and charges.
These innovations further strengthen the long-term partnership between Aviva and FNZ, who have worked together since 2018, delivering an enhanced experience for advisers.
Al Ward, Head of Aviva Adviser Platform, said: 'We are very excited about what Aviva Analytics will offer, and how it will support advisers in providing better MI for their interactions with their clients. The pilot is in its initial stages, and we are looking forward to working with these adviser firms and getting their feedback. This has been a feature of the way we build and deliver upgrades with FNZ, ensuring that our new deliveries meet adviser needs.
'This is the latest in our recent developments. Earlier this month we also announced the deployment of Unipass Letter of Authority on the platform, via Origo technology, which was a step forward in removing an industry barrier for advisers, and allowing them to recommend the most appropriate solutions for their clients.
'We collaborate very closely with FNZ in planning, prioritising and developing these tech developments in support of advisers. When you consider the scale of trading on the platform – around 350,000 automated trades every day – we believe our platform provides the sort of support advisers tell us they need.'
Alastair Conway, Group Head of FNZ UK, said: 'Our partnership with Aviva is built on a shared commitment to delivering meaningful, adviser-focused innovation. Aviva Analytics is a great example of how we're working together to simplify complexity and unlock better access to data, insights, and reporting. The close collaboration between our teams ensures that new features aren't just technically robust – they're genuinely useful for advisers and aligned to the way they work. Innovations like this support our wider purpose at FNZ – to open up wealth and make wealth management accessible to more people.'
FNZ and Aviva are co-sponsoring the lang cat's AdviceTech Catwalk, taking place on 5 June 2025 at Crypt on the Green in London. FNZ serves as the anchor sponsor, with Aviva also lending their support to this showcase of emerging advice technology.
Notes to editors:
o X: www.x.com/avivaplc
o LinkedIn: www.linkedin.com/company/aviva-plc
o Instagram: www.instagram.com/avivaplc/
View original content: https://www.prnewswire.com/news-releases/aviva-and-fnz-unveil-latest-innovations-to-enhance-adviser-experience-302471940.html
SOURCE FNZ; Aviva
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Yahoo
15 hours ago
- Yahoo
Samsara Reports First Quarter Fiscal Year 2026 Financial Results
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Our AI-powered platform delivers a clear and fast ROI for our customers and improves the safety, efficiency, and sustainability of their operations." First Quarter Fiscal Year 2026 Financial Highlights (In millions, except percentage, percentage points, and per share data) Q1 FY2026 Q1 FY2025 Y/Y Change Annual Recurring Revenue (ARR) $ 1,535.4 $ 1,175.7 31 % ARR adjusted for constant currency (1) $ 1,537.2 $ 1,175.7 31 % Total revenue $ 366.9 $ 280.7 31 % Total revenue adjusted for constant currency (1) $ 370.4 $ 280.7 32 % GAAP gross profit $ 283.7 $ 212.1 $ 71.6 GAAP gross margin 77 % 76 % 2 pts Non-GAAP gross profit $ 288.1 $ 215.9 $ 72.2 Non-GAAP gross margin 79 % 77 % 2 pts GAAP operating loss $ (33.3 ) $ (66.0 ) $ 32.7 GAAP operating margin (9 %) (24 %) 14 pts Non-GAAP operating income $ 51.1 $ 6.2 $ 44.9 Non-GAAP operating margin 14 % 2 % 12 pts GAAP net loss per share, basic and diluted $ (0.04 ) $ (0.10 ) $ 0.06 Non-GAAP net income per share, basic and diluted $ 0.11 $ 0.03 $ 0.08 Net cash provided by operating activities $ 52.6 $ 23.7 $ 28.9 Net cash provided by operating activities margin 14 % 8 % 6 pts Adjusted free cash flow $ 45.7 $ 18.6 $ 27.1 Adjusted free cash flow margin 12 % 7 % 6 pts __________ Note: Numbers are rounded for presentation purposes. (1) ARR and revenue are adjusted for constant currency. See the section titled "Operating Metrics and Non-GAAP Financial Measures" for constant currency methodology. We report non-GAAP financial measures in addition to, and not as a substitute for, or superior to, financial measures calculated in accordance with generally accepted accounting principles ("GAAP"). See the section titled "Use of Non-GAAP Financial Measures" for an explanation of non-GAAP financial measures and the tables in the section titled "Reconciliation Between GAAP and Non-GAAP Financial Measures" for a reconciliation of GAAP to non-GAAP financial measures. Financial Outlook Our guidance includes GAAP and non-GAAP financial measures. For the second quarter and fiscal year 2026, Samsara expects the following: Q2 FY2026 Outlook FY 2026 Outlook Total revenue $371 million – $373 million $1.547 billion – $1.555 billion Year/Year revenue growth 24% 24% Year/Year revenue growth adjusted for constant currency (1) 24% 24% – 25% Non-GAAP operating margin (2) 9% 13% Non-GAAP net income per share, diluted (2) $0.06 – $0.07 $0.39 – $0.41 __________ (1) Constant currency impact to revenue guidance is expected to be approximately $1M headwind for Q2 FY26 and approximately $2M headwind for FY26. See the section titled "Operating Metrics and Non-GAAP Financial Measures" for constant currency methodology (2) Other than with respect to revenue growth adjusted for constant currency, a reconciliation of non-GAAP guidance financial measures to corresponding GAAP guidance financial measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty and potential variability of expenses, such as stock-based compensation expense-related charges, that may be incurred in the future and cannot be reasonably determined or predicted at this time. It is important to note that these factors could be material to our results of operations computed in accordance with GAAP. About Samsara Samsara 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. Investor Day and Customer Conference Samsara will host an Investor Day on Tuesday, June 24, 2025 at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time), where we will provide additional insights into Samsara's trajectory and the overall state of physical operations. This event will be held in conjunction with our customer conference, Samsara Beyond, in San Diego, CA. A live webcast of Investor Day may be accessed at Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements may relate to, but are not limited to, expectations of future operating results or financial performance, the calculation of certain of our key financial and operating metrics, our market opportunity, industry developments and trends, macroeconomic conditions, customer adoption of and expected results from our Connected Operations Platform products, including cost savings and return on investment, our technological capability, including AI, and our competitive position, as well as assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and could cause actual results and events to differ. In some cases, you can identify forward-looking statements by terminology such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "goal," "guidance," "intend," "may," "objective," "ongoing," "plan," "potential," "predict," "project," "seek," "should," "target," "will," "would," or the negative of these terms or other comparable expressions that concern our expectations, strategies, plans, or intentions. 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. Forward-looking statements are based on information available at the time those statements are made, including information furnished to us by third parties that we have not independently verified, and/or management's good faith beliefs and assumptions as of that time with respect to future events, and 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. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. These risks and uncertainties include our ability to retain customers and expand the use of our solution by our customers, our ability to attract new customers, our future financial performance, including trends in revenue and annual recurring revenue, net retention rate, costs of revenue, gross profit or gross margin, operating expenses, customer counts, non-GAAP financial measures (such as revenue adjusted for constant currency, year-over-year revenue growth adjusted for constant currency, non-GAAP gross margin, non-GAAP operating margin, free cash flow and free cash flow margin, and adjusted free cash flow and adjusted free cash flow margin), our ability to achieve or maintain profitability, the demand for our products or for solutions for connected operations in general, the impact of the Russia-Ukraine conflict, geopolitical tensions involving China, the conflict in the Middle East, the emergence of public health crises, and similar macroeconomic events, including financial distress caused by bank failures, the impact of recent political elections in the United States and abroad, global supply chain challenges, foreign currency fluctuations, elevated inflation and interest rates, and changes to monetary, fiscal, and trade (including tariff) policies, on our and our customers' and partners' respective businesses, the length of our sales cycles, possible harm caused by a security breach or other incident affecting our or our customers' assets or data, our ability to compete successfully in competitive markets, our ability to respond to rapid technological changes, and our ability to continue to innovate and develop new Applications. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings and reports that we may file from time to time with the Securities and Exchange Commission, including our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. 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. Use of Non-GAAP Financial Measures This document includes certain non-GAAP financial measures. Reconciliations of non-GAAP financial measures to our financial results as determined in accordance with GAAP are included at the end of this press release following the accompanying financial data. Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation or as substitutes for financial information presented under GAAP. There are a number of limitations related to the use of non-GAAP financial measures versus comparable financial measures determined under GAAP. For example, other companies in our industry may calculate these non-GAAP financial measures differently or may use other measures to evaluate their performance. In addition, free cash flow and adjusted free cash flow do not reflect our future contractual commitments or the total increase or decrease of our cash balance for a given period. These and other limitations could reduce the usefulness of these non-GAAP financial measures as analytical tools. Investors are encouraged to review the related GAAP financial measures and the reconciliations of these non-GAAP financial measures to their most directly comparable GAAP financial measures and to not rely on any single financial measure to evaluate our business. We present these non-GAAP financial measures to assist investors in seeing Samsara's operating results through the eyes of management and because we believe that these measures provide an additional tool for investors to evaluate our business. Expenses Excluded from Non-GAAP Performance Financial Measures—Stock-based compensation expense-related charges include the amortization of deferred stock-based compensation expense for capitalized software and employer taxes on employee equity transactions. Stock-based compensation expense is excluded because it is a non-cash expense and is dependent on our stock price, which is beyond our control. Further, because of varying available valuation methodologies and award types, we find it useful to exclude stock-based compensation expense in order to better understand our ongoing operational performance. Employer taxes on employee equity transactions, which are a cash expense, are excluded because such taxes are directly tied to the timing and size of employee equity transactions and the future fair market value of our common stock, which may vary from period to period independent of the operating performance of our business. Lease modification, impairment, and related charges, and legal settlements are excluded because management believes that such charges are not reflective of our ongoing operational performance. Operating Metrics and Non-GAAP Financial Measures Annual Recurring Revenue (ARR)—We define ARR as the annualized value of subscription contracts that have commenced revenue recognition as of the measurement date. Constant currency—Constant currency is a methodology for assessing how our underlying business performed excluding the effect of foreign currency rate fluctuations. To present this information, current period results for customer contracts denominated in currencies other than U.S. dollars are converted into U.S. dollars using the average currency exchange rates in effect during the comparative period, rather than the actual currency exchange rates in effect during the current period. For ARR, customer contracts denominated in currencies other than U.S. dollars are translated into U.S. dollars based on the currency exchange rate as of the day of the effective date of the contract. For guidance, currency impact on total revenue growth is derived by applying the average currency exchange rates in effect during the comparative period, rather than the currency exchange rates for the guidance period. Customer—We define a customer as an entity, or group of affiliated entities with a shared parent organization, that has ARR of greater than $1,000 at the end of a reporting period. Determinations regarding the relationship between customer entities are primarily based on publicly available information and information supplied to us by our customers, and we have not independently verified the legal relationship between entities in all cases. Our customer count is subject to adjustments for acquisitions, spin-offs, segmentation by geography, and other market and commercial activity. Non-GAAP Gross Profit and Non-GAAP Gross Margin—We define non-GAAP gross profit as gross profit excluding the effect of stock-based compensation expense-related charges included in cost of revenue. Non-GAAP gross margin is defined as non-GAAP gross profit as a percentage of total revenue. We use non-GAAP gross profit and non-GAAP gross margin in conjunction with traditional GAAP measures to evaluate our financial performance. We believe that non-GAAP gross profit and non-GAAP gross margin provide our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations. Non-GAAP Operating Income (Loss) and Non-GAAP Operating Margin—We define non-GAAP operating income (loss) as income (loss) from operations excluding the effect of stock-based compensation expense-related charges, lease modification, impairment, and related charges, and legal settlements. Non-GAAP operating margin is defined as non-GAAP operating income (loss) as a percentage of total revenue. We use non-GAAP operating income (loss) and non-GAAP operating margin in conjunction with traditional GAAP measures to evaluate our financial performance. We believe that non-GAAP operating income (loss) and non-GAAP operating margin provide our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations. Non-GAAP Net Income (Loss) and Non-GAAP Net Income (Loss) per Share—We define non-GAAP net income (loss) as net income (loss) excluding the effect of stock-based compensation expense-related charges, lease modification, impairment, and related charges, and legal settlements. Our non-GAAP net income (loss) per share–basic is calculated by dividing non-GAAP net income (loss) by the weighted-average number of shares of common stock outstanding during the period. Our non-GAAP net income per share–diluted is calculated by giving effect to all potentially dilutive common stock equivalents (stock options, restricted stock units, and shares issued under our 2021 Employee Stock Purchase Plan) to the extent they are dilutive. Non-GAAP net loss per share–diluted is the same as non-GAAP net loss per share–basic as the inclusion of all potential dilutive common stock equivalents would be antidilutive. We use non-GAAP net income (loss) and non-GAAP net income (loss) per share in conjunction with traditional GAAP measures to evaluate our financial performance. We believe that non-GAAP net income (loss) and non-GAAP net income (loss) per share provide our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations. Free Cash Flow and Free Cash Flow Margin—We define free cash flow as net cash provided by (used in) operating activities reduced by cash used for purchases of property and equipment. Free cash flow margin is calculated as free cash flow as a percentage of total revenue. We believe that free cash flow and free cash flow margin, even if negative, are useful in evaluating liquidity and provide information to management and investors about our ability to fund future operating needs and strategic initiatives. Adjusted Free Cash Flow and Adjusted Free Cash Flow Margin—We define adjusted free cash flow as free cash flow excluding the cash impact of non-recurring capital expenditures associated with the build-out of our corporate office facilities in San Francisco, California, net of tenant allowances, and legal settlements. Adjusted free cash flow margin is calculated as adjusted free cash flow as a percentage of total revenue. We believe that adjusted free cash flow and adjusted free cash flow margin, even if negative, are useful in evaluating liquidity and provide information to management and investors about our ability to fund future operating needs and strategic initiatives by excluding the impact of non-recurring events. Webcast Information and Shareholder Letter An investor presentation and accompanying shareholder letter is accessible from the Samsara investor relations website at Samsara will host a live webcast to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today. The live webcast may be accessed at Following the webcast, a replay will be accessible from the same website. SAMSARA INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited) As of May 3, 2025 February 1, 2025 Assets Current assets: Cash and cash equivalents $ 259,025 $ 227,576 Short-term investments 439,092 467,222 Accounts receivable, net 216,469 234,016 Inventories 37,881 38,911 Connected device costs, current 123,332 119,323 Prepaid expenses and other current assets 57,076 58,106 Total current assets 1,132,875 1,145,154 Restricted cash 21,861 18,218 Long-term investments 325,089 282,652 Property and equipment, net 62,148 58,151 Operating lease right-of-use assets 67,741 64,864 Connected device costs, non-current 244,910 242,928 Deferred commissions 215,786 209,341 Other assets, non-current 3,207 2,994 Total assets $ 2,073,617 $ 2,024,302 Liabilities and stockholders' equity Current liabilities: Accounts payable $ 22,309 $ 64,017 Accrued expenses and other current liabilities 84,455 74,976 Accrued compensation and benefits 43,694 43,443 Deferred revenue, current 576,547 563,254 Operating lease liabilities, current 14,151 15,656 Total current liabilities 741,156 761,346 Deferred revenue, non-current 129,565 122,516 Operating lease liabilities, non-current 67,948 64,622 Other liabilities, non-current 7,374 6,622 Total liabilities 946,043 955,106 Stockholders' equity: Preferred stock — — Class A common stock 12 12 Class B common stock 23 23 Class C common stock — — Additional paid-in capital 2,758,992 2,680,012 Accumulated other comprehensive income (loss) 673 (846 ) Accumulated deficit (1,632,126 ) (1,610,005 ) Total stockholders' equity 1,127,574 1,069,196 Total liabilities and stockholders' equity $ 2,073,617 $ 2,024,302 SAMSARA INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (In thousands, except share and per share data) (Unaudited) Three Months Ended May 3, 2025 May 4, 2024 Revenue $ 366,884 $ 280,726 Cost of revenue 83,169 68,625 Gross profit 283,715 212,101 Operating expenses: Research and development 83,242 72,973 Sales and marketing 165,400 147,437 General and administrative 68,328 57,688 Total operating expenses 316,970 278,098 Loss from operations (33,255 ) (65,997 ) Interest income and other income, net 12,723 10,084 Loss before provision for income taxes (20,532 ) (55,913 ) Provision for income taxes. 1,589 376 Net loss $ (22,121 ) $ (56,289 ) Other comprehensive income (loss): Foreign currency translation adjustments, net of tax 960 100 Unrealized gains (losses) on investments, net of tax 559 (1,687 ) Other comprehensive income (loss) 1,519 (1,587 ) Comprehensive loss $ (20,602 ) $ (57,876 ) Basic and diluted net loss per share: Net loss per share attributable to common stockholders, basic and diluted $ (0.04 ) $ (0.10 ) Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted 567,740,728 548,652,306 SAMSARA INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) (Unaudited) Three Months Ended May 3, 2025 May 4, 2024 Operating activities Net loss $ (22,121 ) $ (56,289 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 5,142 4,455 Stock-based compensation expense 77,079 64,656 Net accretion of discounts on investments (2,582 ) (3,993 ) Other non-cash adjustments (348 ) 1,330 Changes in operating assets and liabilities: Accounts receivable, net 15,902 15,862 Inventories 1,114 (8,272 ) Prepaid expenses and other current assets 1,040 3,932 Connected device costs (5,960 ) (6,059 ) Deferred commissions (6,435 ) (5,117 ) Other assets, non-current (13 ) 315 Accounts payable and other liabilities (31,236 ) (9,664 ) Deferred revenue 20,610 22,531 Operating lease right-of-use assets and liabilities, net 420 (17 ) Net cash provided by operating activities 52,612 23,670 Investing activities Purchases of property and equipment (6,920 ) (5,062 ) Purchases of investments (173,141 ) (142,313 ) Proceeds from maturities and redemptions of investments 161,972 150,426 Other investing activities (200 ) — Net cash provided by (used in) investing activities (18,289 ) 3,051 Financing activities Proceeds from issuance of common stock in connection with equity compensation plans 22 808 Payment of principal on finance leases (378 ) (496 ) Net cash provided by (used in) financing activities (356 ) 312 Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash 1,125 (103 ) Net increase in cash, cash equivalents, and restricted cash 35,092 26,930 Cash, cash equivalents, and restricted cash, beginning of period 245,794 154,738 Cash, cash equivalents, and restricted cash, end of period $ 280,886 $ 181,668 SAMSARA INC. RECONCILIATION BETWEEN GAAP AND NON-GAAP FINANCIAL MEASURES (In thousands, except percentages and per share data) (Unaudited) Three Months Ended May 3, 2025 May 4, 2024 Total revenue and revenue growth reconciliation GAAP revenue $ 366,884 $ 280,726 Add: Constant currency adjustment 3,565 — Revenue adjusted for constant currency (1) $ 370,449 $ 280,726 GAAP revenue growth 31 % 37 % Revenue growth adjusted for constant currency (1) 32 % 37 % Gross profit and gross margin reconciliation GAAP gross profit. $ 283,715 $ 212,101 Add: Stock-based compensation expense-related charges (2) 4,361 3,766 Non-GAAP gross profit $ 288,076 $ 215,867 GAAP gross margin 77 % 76 % Non-GAAP gross margin 79 % 77 % Operating income (loss) and operating margin reconciliation GAAP loss from operations $ (33,255 ) $ (65,997 ) Add: Stock-based compensation expense-related charges (2) 84,326 72,156 Non-GAAP operating income $ 51,071 $ 6,159 GAAP operating margin (9 %) (24 %) Non-GAAP operating margin 14 % 2 % Net income (loss) reconciliation GAAP net loss $ (22,121 ) $ (56,289 ) Add: Stock-based compensation expense-related charges 84,326 72,156 Non-GAAP net income (3) $ 62,205 $ 15,867 SAMSARA INC. RECONCILIATION BETWEEN GAAP AND NON-GAAP FINANCIAL MEASURES (In thousands, except percentages and per share data) (Unaudited) Three Months Ended May 3, 2025 May 4, 2024 Net income (loss) per share, basic and diluted, reconciliation GAAP net loss per share attributable to common stockholders, basic $ (0.04 ) $ (0.10 ) Total impact on net loss per share, basic, from non-GAAP adjustments 0.15 0.13 Non-GAAP net income per share attributable to common stockholders, basic $ 0.11 $ 0.03 GAAP net loss per share attributable to common stockholders, diluted $ (0.04 ) $ (0.10 ) Total impact on net loss per share, diluted, from non-GAAP adjustments 0.15 0.13 Non-GAAP net income per share attributable to common stockholders, diluted (4) $ 0.11 $ 0.03 Weighted-average shares used in computing GAAP net loss per share attributable to common stockholders, basic and diluted 567,740,728 548,652,306 Weighted-average shares used in computing non-GAAP net income per share attributable to common stockholders, basic 567,740,728 548,652,306 Weighted-average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted (4) 582,805,383 573,154,525 SAMSARA INC. RECONCILIATION BETWEEN GAAP AND NON-GAAP FINANCIAL MEASURES (In thousands, except percentages and per share data) (Unaudited) Three Months Ended May 3, 2025 May 4, 2024 Free cash flow, adjusted free cash flow, free cash flow margin, and adjusted free cash flow margin reconciliation Net cash provided by operating activities $ 52,612 $ 23,670 Purchases of property and equipment (6,920 ) (5,062 ) Free cash flow 45,692 18,608 Adjusted free cash flow $ 45,692 $ 18,608 Net cash provided by operating activities margin 14 % 8 % Free cash flow margin 12 % 7 % Adjusted free cash flow margin 12 % 7 % __________ (1) To facilitate comparability across periods, revenue and revenue growth are adjusted for constant currency by excluding the effect of foreign currency rate fluctuations. (2) Stock-based compensation expense-related charges were included in the following line items of our condensed consolidated statements of operations and comprehensive loss as follows: Three Months Ended May 3, 2025 May 4, 2024 Cost of revenue $ 4,361 $ 3,766 Research and development 29,556 26,264 Sales and marketing 25,580 20,682 General and administrative 24,829 21,444 Total stock-based compensation expense-related charges (5) $ 84,326 $ 72,156 (3) There were no material income tax effects on our non-GAAP adjustments for all periods presented. (4) For each period in which we had non-GAAP net income, diluted non-GAAP net income per share is calculated using weighted-average number of shares of common stock outstanding during the period, adjusted for dilutive potential shares that were assumed outstanding during the period. (5) Stock-based compensation expense-related charges included amortization of capitalized stock-based compensation expense of approximately $0.7 million and $0.5 million for the three months ended May 3, 2025 and May 4, 2024, respectively, which was initially capitalized as capitalized software. Stock-based compensation expense-related charges also included approximately $6.5 million and $7.0 million of employer taxes on employee equity transactions for the three months ended May 3, 2025 and May 4, 2024, respectively. View source version on Contacts Investor Contact: Mike Changir@ Media Contact: Stephanie Burkemedia@ Sign in to access your portfolio
Yahoo
17 hours ago
- Yahoo
Samsara Q1 FY26 Results Underscore Momentum and Impact, Delivering Innovation and Proven ROI for Customers
SAN FRANCISCO, June 05, 2025--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced strong financial results for the first quarter of fiscal year 2026. Samsara's Q1 FY26 demonstrates the company's momentum and continued success in empowering frontline workers and transforming physical operations. Samsara concluded the quarter with $1.54B in ARR, representing 31% year-over-year growth, adjusted for constant currency. Its durable and efficient growth is a testament to the strength of the platform, its deep partnerships with customers, and the large market opportunity. During the quarter, Samsara expanded its $100K+ customer count by 154, an increase of 35% year-over-year. This includes some of the largest organizations in physical operations, such as 7-Eleven, Dallas-Fort Worth airport, a Fortune 500 major American mining company, the State of South Carolina, and one of the largest U.S. counties with over 10 million residents. Solving Critical Challenges with an AI-Powered Platform Samsara's platform is essential for organizations looking to reduce costs through enhanced safety cultures and improved efficiency. Its AI-powered platform directly addresses complex, widespread challenges felt by customers, including high safety risks and drains on productivity caused by poor visibility and asset downtime. Samsara continues to strengthen its platform with key innovations that improve operations: Advanced AI Safety Features: New Intelligent Safety Inbox and AI-powered Insights for smarter risk identification and coaching, along with enhanced positive recognition tools (Streaks & Milestones, Personalized Kudos, Shared Visibility) deliver improved safety outcomes and boost employee engagement. AI-Powered Maintenance: Fueled by Samsara's massive data set, capabilities such as fault code insights, real-time vehicle diagnostics, pre-populated work orders, paperless Driver Vehicle Inspection Reports (DVIRs), and customizable maintenance alerts support improved uptime and longer asset lifetimes. Expanded OEM Integrations: Partnerships with Hyundai Translead, Stellantis (Mobilisights), and Rivian streamline fleet management by bringing vehicle data directly into Samsara's platform. The impact of Samsara's technology across diverse industries and geographies is clear: Leading U.S. Retail Propane Company Achieves a 75% Reduction in Safety Events: One of the largest retail propane companies in the U.S. expanded its partnership with Samsara beyond Telematics for Video-Based Safety. In a pilot, the company saw a 75% reduction in safety events, an 87% reduction in no seat belt usage, and a 71% reduction in mobile usage. From pilot to partnership, they cited the impact of Samsara's AI on the safety of their operations as the key differentiator. Sterling Crane Saves $3M+ in Equipment Costs: Sterling Crane, one of the world's largest mobile crane rental companies, reported it reduced unplanned maintenance from 34% to 20%, resulting in savings of over $500,000 and 10,000 hours of technicians' time. More than $3 million was saved in equipment maintenance and replacement costs, including over $2 million saved for on-road equipment and an additional $1 million saved on off-road equipment. "Samsara's Q1 performance reflects the growing demand for our AI platform and its critical role in strengthening operations," said Amit Vyas, Chief Revenue Officer at Samsara. "It's rewarding to see our technology not only making a significant difference in reducing costs for our customers, but also how much frontline workers love and value it. We are energized by this moment and remain focused on delivering innovative solutions to the world of physical operations." To learn more about Samsara's Q1 FY26 results, visit its Investor Relations website. About Samsara Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which enables organizations that depend on physical operations to harness Internet of Things (IoT) data 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 construction, transportation and warehousing, field services, manufacturing, retail, logistics, and the public sector. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy. Samsara is a registered trademark of Samsara Inc. All other brand names, product names or trademarks belong to their respective holders. Customer statistics contained in this press release were provided by Samsara's customers. View source version on Contacts Stephanie BurkeSamsaramedia@ Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Business Wire
17 hours ago
- Business Wire
Samsara Q1 FY26 Results Underscore Momentum and Impact, Delivering Innovation and Proven ROI for Customers
SAN FRANCISCO--(BUSINESS WIRE)-- Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced strong financial results for the first quarter of fiscal year 2026. Samsara's Q1 FY26 demonstrates the company's momentum and continued success in empowering frontline workers and transforming physical operations. Samsara concluded the quarter with $1.54B in ARR, representing 31% year-over-year growth, adjusted for constant currency. Its durable and efficient growth is a testament to the strength of the platform, its deep partnerships with customers, and the large market opportunity. During the quarter, Samsara expanded its $100K+ customer count by 154, an increase of 35% year-over-year. This includes some of the largest organizations in physical operations, such as 7-Eleven, Dallas-Fort Worth airport, a Fortune 500 major American mining company, the State of South Carolina, and one of the largest U.S. counties with over 10 million residents. Solving Critical Challenges with an AI-Powered Platform Samsara's platform is essential for organizations looking to reduce costs through enhanced safety cultures and improved efficiency. Its AI-powered platform directly addresses complex, widespread challenges felt by customers, including high safety risks and drains on productivity caused by poor visibility and asset downtime. Samsara continues to strengthen its platform with key innovations that improve operations: Advanced AI Safety Features: New Intelligent Safety Inbox and AI-powered Insights for smarter risk identification and coaching, along with enhanced positive recognition tools (Streaks & Milestones, Personalized Kudos, Shared Visibility) deliver improved safety outcomes and boost employee engagement. AI-Powered Maintenance: Fueled by Samsara's massive data set, capabilities such as fault code insights, real-time vehicle diagnostics, pre-populated work orders, paperless Driver Vehicle Inspection Reports (DVIRs), and customizable maintenance alerts support improved uptime and longer asset lifetimes. Expanded OEM Integrations: Partnerships with Hyundai Translead, Stellantis (Mobilisights), and Rivian streamline fleet management by bringing vehicle data directly into Samsara's platform. The impact of Samsara's technology across diverse industries and geographies is clear: Leading U.S. Retail Propane Company Achieves a 75% Reduction in Safety Events: One of the largest retail propane companies in the U.S. expanded its partnership with Samsara beyond Telematics for Video-Based Safety. In a pilot, the company saw a 75% reduction in safety events, an 87% reduction in no seat belt usage, and a 71% reduction in mobile usage. From pilot to partnership, they cited the impact of Samsara's AI on the safety of their operations as the key differentiator. Sterling Crane Saves $3M+ in Equipment Costs: Sterling Crane, one of the world's largest mobile crane rental companies, reported it reduced unplanned maintenance from 34% to 20%, resulting in savings of over $500,000 and 10,000 hours of technicians' time. More than $3 million was saved in equipment maintenance and replacement costs, including over $2 million saved for on-road equipment and an additional $1 million saved on off-road equipment. "Samsara's Q1 performance reflects the growing demand for our AI platform and its critical role in strengthening operations," said Amit Vyas, Chief Revenue Officer at Samsara. "It's rewarding to see our technology not only making a significant difference in reducing costs for our customers, but also how much frontline workers love and value it. We are energized by this moment and remain focused on delivering innovative solutions to the world of physical operations." To learn more about Samsara's Q1 FY26 results, visit its Investor Relations website. About Samsara Samsara (NYSE: IOT) is the pioneer of the Connected Operations ® Platform, which enables organizations that depend on physical operations to harness Internet of Things (IoT) data 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 construction, transportation and warehousing, field services, manufacturing, retail, logistics, and the public sector. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy. Samsara is a registered trademark of Samsara Inc. All other brand names, product names or trademarks belong to their respective holders. Customer statistics contained in this press release were provided by Samsara's customers.
