Samsara (NYSE: IOT) reported fiscal second-quarter revenue of $508.4 million, up 30% year over year, for the quarter ended August 1, 2026. GAAP net income was $16.2 million, compared with a $16.8 million loss a year earlier, while GAAP basic and diluted earnings per share were $0.03.
Ending annual recurring revenue reached $2.125 billion, up 30% from a year earlier. The company said it expects fiscal third-quarter revenue of $514 million to $516 million and fiscal 2027 revenue of $2.043 billion to $2.047 billion.
- Q2 net new ARR was $134.1 million, up 28% year over year.
- GAAP income from operations was $4.9 million, compared with a $26.6 million operating loss a year earlier.
- GAAP gross profit was $392.6 million and GAAP gross margin was 77%.
- Net cash provided by operating activities was $73.5 million, and free cash flow was $64.7 million.
- Customers with ARR above $1 million generated more than $500 million of ARR.
$IOT Insider Trading Activity
$IOT insiders have traded $IOT stock on the open market 240 times in the past 6 months. Of those trades, 0 have been purchases and 240 have been sales.
Here’s a breakdown of recent trading of $IOT stock by insiders over the last 6 months:
- JOHN BICKET (SEE REMARKS) has made 0 purchases and 95 sales selling 2,375,100 shares for an estimated $78,521,810.
- SANJIT BISWAS (CHIEF EXECUTIVE OFFICER) has made 0 purchases and 97 sales selling 2,375,100 shares for an estimated $78,521,240.
- MARC L ANDREESSEN has made 0 purchases and 10 sales selling 2,256,487 shares for an estimated $75,617,662.
- DOMINIC PHILLIPS (SEE REMARKS) has made 0 purchases and 14 sales selling 154,441 shares for an estimated $5,131,300.
- ADAM ELTOUKHY (SEE REMARKS) has made 0 purchases and 13 sales selling 37,907 shares for an estimated $1,304,718.
- JONATHAN CHADWICK has made 0 purchases and 3 sales selling 20,000 shares for an estimated $654,009.
- BENJAMIN LOUIS KIRCHHOFF (CHIEF ACCOUNTING OFFICER) has made 0 purchases and 8 sales selling 17,186 shares for an estimated $574,652.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$IOT Hedge Fund Activity
We have seen 323 institutional investors add shares of $IOT stock to their portfolio, and 313 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ added 12,097,542 shares (+33.1%) to their portfolio in Q2 2026, for an estimated $392,323,287
- BAILLIE GIFFORD & CO added 8,697,861 shares (+18.2%) to their portfolio in Q2 2026, for an estimated $282,071,632
- SANDS CAPITAL MANAGEMENT, LLC removed 7,774,586 shares (-40.7%) from their portfolio in Q2 2026, for an estimated $252,129,823
- MORGAN STANLEY added 3,931,295 shares (+46.7%) to their portfolio in Q2 2026, for an estimated $127,491,896
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 3,657,279 shares (+inf%) to their portfolio in Q2 2026, for an estimated $118,605,557
- BROWN ADVISORY INC removed 2,989,069 shares (-29.6%) from their portfolio in Q2 2026, for an estimated $96,935,507
- 1832 ASSET MANAGEMENT L.P. removed 2,873,100 shares (-66.4%) from their portfolio in Q2 2026, for an estimated $93,174,633
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
