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Samsara (IOT)


Market Price (6/29/2026): $31.14 | Market Cap: $18.1 BilSector: Information Technology | Industry: Systems Software

Samsara (IOT)


Market Price (6/29/2026): $31.14
Market Cap: $18.1 Bil
Sector: Information Technology
Industry: Systems Software

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 30%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 14%

Megatrend and thematic drivers
Megatrends include Cloud Computing, Future of Freight, and Automation & Robotics. Themes include Software as a Service (SaaS), Show more.

Weak multi-year price returns
2Y Excs Rtn is -28%, 3Y Excs Rtn is -54%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -12 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.7%

Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 68x, P/EPrice/Earnings or Price/(Net Income) is 315x

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 18%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.1%

Key risks
IOT key risks include [1] long-term disruption to its core product demand from the adoption of autonomous vehicles and [2] a high valuation that conflicts with its lack of profitability and negative cash flow.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 30%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 14%
2 Megatrend and thematic drivers
Megatrends include Cloud Computing, Future of Freight, and Automation & Robotics. Themes include Software as a Service (SaaS), Show more.
3 Weak multi-year price returns
2Y Excs Rtn is -28%, 3Y Excs Rtn is -54%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -12 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.7%
5 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 68x, P/EPrice/Earnings or Price/(Net Income) is 315x
6 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 18%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.1%
8 Key risks
IOT key risks include [1] long-term disruption to its core product demand from the adoption of autonomous vehicles and [2] a high valuation that conflicts with its lack of profitability and negative cash flow.

IOT in ETFs

Weight = IOT's share of each fund

VTI0.02%
ITOT0.02%
IWB0.01%
VB0.14%
ROBO1.2%
AGIX0.85%
IGV0.45%
IWP0.33%
+11 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/26/2026

Samsara (IOT) stock has gained about 10% since 2/28/2026 because of the following key factors:

1. Strong Fiscal Q1 2027 Earnings Beat and Positive Outlook.

Samsara (NYSE: IOT) reported robust fiscal Q1 2027 results on June 4, 2026, for the quarter that ended May 2, 2026. The company significantly exceeded analyst expectations, with earnings per share (EPS) of $0.17, beating estimates of $0.13 by $0.04, or 30.77%. Revenue also surpassed projections, reaching $478.84 million against estimates of $459.75 million, an increase of 5.18%, and representing a 31% year-over-year growth. Furthermore, Samsara raised its annual outlook for fiscal year 2027, forecasting total revenue between $2.005 billion and $2.013 billion, indicating a 24% year-over-year growth. This strong financial performance and optimistic guidance contributed to the stock's upward trend.

2. Accelerating Annual Recurring Revenue (ARR) and Customer Growth.

Samsara demonstrated accelerated growth in its Annual Recurring Revenue (ARR), approaching $2 billion with a 30% year-over-year increase. The company reported $101 million in net new ARR, also reflecting a 30% year-over-year growth in fiscal Q1 2027. Adoption among larger customers intensified, with ARR from customers spending $100,000 or more growing 37% year-over-year, marking the third consecutive quarter of acceleration. For customers spending $1 million or more, ARR surged by 62% year-over-year, accelerating for the fourth straight quarter. These metrics highlight Samsara's deepening enterprise penetration and successful platform adoption, including securing 11 new deals exceeding $1 million in Annual Contract Value (ACV) during the quarter.

Show more
Updated on 6/26/2026

Samsara (IOT) stock has gained about 10% since 2/28/2026 because of the following key factors:

1. Strong Fiscal Q1 2027 Earnings Beat and Positive Outlook.

Samsara (NYSE: IOT) reported robust fiscal Q1 2027 results on June 4, 2026, for the quarter that ended May 2, 2026. The company significantly exceeded analyst expectations, with earnings per share (EPS) of $0.17, beating estimates of $0.13 by $0.04, or 30.77%. Revenue also surpassed projections, reaching $478.84 million against estimates of $459.75 million, an increase of 5.18%, and representing a 31% year-over-year growth. Furthermore, Samsara raised its annual outlook for fiscal year 2027, forecasting total revenue between $2.005 billion and $2.013 billion, indicating a 24% year-over-year growth. This strong financial performance and optimistic guidance contributed to the stock's upward trend.

2. Accelerating Annual Recurring Revenue (ARR) and Customer Growth.

Samsara demonstrated accelerated growth in its Annual Recurring Revenue (ARR), approaching $2 billion with a 30% year-over-year increase. The company reported $101 million in net new ARR, also reflecting a 30% year-over-year growth in fiscal Q1 2027. Adoption among larger customers intensified, with ARR from customers spending $100,000 or more growing 37% year-over-year, marking the third consecutive quarter of acceleration. For customers spending $1 million or more, ARR surged by 62% year-over-year, accelerating for the fourth straight quarter. These metrics highlight Samsara's deepening enterprise penetration and successful platform adoption, including securing 11 new deals exceeding $1 million in Annual Contract Value (ACV) during the quarter.

3. AI Innovation and Expanded Product Offerings.

A significant driver for Samsara's performance was its momentum in Operational AI, as highlighted in its fiscal Q1 2027 results. The company continued to innovate, unveiling new products at its Samsara Beyond 2026 conference (June 23-26, 2026). These introductions included the Tracking Label, an enhanced 360 Camera with AI Multicam capabilities, and Agent Studio, an AI-powered agent builder designed for physical operations. These offerings leverage Samsara's extensive network, which captures over 25 trillion data points annually, to provide advanced insights and improve operational efficiency. The company's strategic focus on AI and cloud infrastructure, coupled with new products contributing over 20% of net new ACV for the second consecutive quarter, signals strong market capture and innovation.

4. Positive Analyst Sentiment and Price Target Upgrades.

Throughout the period, Samsara garnered favorable analyst attention, leading to positive ratings and increased price targets. In March 2026, several analytical firms, including BTIG, Piper Sandler, Keybanc, RBC Capital, Wells Fargo, and BMO Capital, either initiated or maintained positive ratings, with price targets ranging from $39.0 to $46.0. Following the strong fiscal Q1 2027 earnings report, Wells Fargo upgraded Samsara to an "Overweight" rating on June 5, 2026, and raised its price target from $46.00 to $50.00. As of June 27, 2026, Samsara held a consensus "Buy" rating from 12 analysts, with an average 12-month price target of $45.94, suggesting a potential upside of approximately 49% from its price around June 26, 2026. This sustained positive outlook from the analyst community reinforced investor confidence in the company's prospects.

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Stock Movement Drivers

Fundamental Drivers

The 7.8% change in IOT stock from 2/28/2026 to 6/28/2026 was primarily driven by a 13.8% change in the company's Total Revenues ($ Mil).
(LTM values as of)22820266282026Change
Stock Price ($)28.9031.147.8%
Change Contribution By: 
Total Revenues ($ Mil)1,5211,73113.8%
P/S Multiple10.910.5-4.3%
Shares Outstanding (Mil)575582-1.1%
Cumulative Contribution7.8%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/28/2026
ReturnCorrelation
IOT7.8% 
Market (SPY)6.6%0.5%
Sector (XLK)30.7%8.7%

Fundamental Drivers

The -18.1% change in IOT stock from 11/30/2025 to 6/28/2026 was primarily driven by a -31.3% change in the company's P/S Multiple.
(LTM values as of)113020256282026Change
Stock Price ($)38.0331.14-18.1%
Change Contribution By: 
Total Revenues ($ Mil)1,4271,73121.3%
P/S Multiple15.210.5-31.3%
Shares Outstanding (Mil)572582-1.7%
Cumulative Contribution-18.1%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/28/2026
ReturnCorrelation
IOT-18.1% 
Market (SPY)7.3%15.0%
Sector (XLK)26.9%22.1%

Fundamental Drivers

The -33.1% change in IOT stock from 5/31/2025 to 6/28/2026 was primarily driven by a -50.1% change in the company's P/S Multiple.
(LTM values as of)53120256282026Change
Stock Price ($)46.5431.14-33.1%
Change Contribution By: 
Total Revenues ($ Mil)1,2491,73138.5%
P/S Multiple21.010.5-50.1%
Shares Outstanding (Mil)564582-3.1%
Cumulative Contribution-33.1%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/28/2026
ReturnCorrelation
IOT-33.1% 
Market (SPY)25.1%23.7%
Sector (XLK)57.8%27.0%

Fundamental Drivers

The 61.8% change in IOT stock from 5/31/2023 to 6/28/2026 was primarily driven by a 165.2% change in the company's Total Revenues ($ Mil).
(LTM values as of)53120236282026Change
Stock Price ($)19.2531.1461.8%
Change Contribution By: 
Total Revenues ($ Mil)6531,731165.2%
P/S Multiple15.410.5-31.9%
Shares Outstanding (Mil)522582-10.4%
Cumulative Contribution61.8%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/28/2026
ReturnCorrelation
IOT61.8% 
Market (SPY)81.3%40.5%
Sector (XLK)125.1%38.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
IOT Return14%-56%169%31%-19%-18%17%
Peers Return7%-40%24%38%-7%-13%-12%
S&P 500 Return27%-19%24%23%16%7%96%

Monthly Win Rates [3]
IOT Win Rate100%33%67%50%42%50% 
Peers Win Rate53%37%53%53%43%40% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
IOT Max Drawdown--69%-30%-33%-47%-33% 
Peers Max Drawdown-24%-49%-32%-20%-35%-33% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: VZ, TRMB, VNT, AIOT, ZBRA.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/26/2026 (YTD)

How Low Can It Go

EventIOTS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-16.7%-9.5%
  % Gain to Breakeven20.1%10.5%
  Time to Breakeven20 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-65.6%-24.5%
  % Gain to Breakeven191.0%32.4%
  Time to Breakeven390 days427 days

Compare to VZ, TRMB, VNT, AIOT, ZBRA

In The Past

Samsara's stock fell 0.0% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 0.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventIOTS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-65.6%-24.5%
  % Gain to Breakeven191.0%32.4%
  Time to Breakeven390 days427 days

Compare to VZ, TRMB, VNT, AIOT, ZBRA

In The Past

Samsara's stock fell 0.0% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 0.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Samsara (IOT)

Samsara (IOT) provides a "Connected Operations Cloud" that helps businesses gather and make sense of data from their physical operations. Essentially, they connect the real world – like vehicles, equipment, and worksites – to a cloud platform using a network of Internet of Things (IoT) devices. This platform then ingests, aggregates, and enriches this raw operational data, embedding capabilities for artificial intelligence, workflow automation, and analytics to provide actionable insights.

The company's core offering is this cloud platform, along with a suite of specialized applications built on top of it. Key applications include video-based safety systems for fleets, vehicle telematics for tracking and managing assets, mobile apps and tools for driver workflows, comprehensive equipment monitoring, and site visibility solutions. These products are designed to improve efficiency, enhance safety, and enable data-driven decision-making for operations managers.

Samsara serves a wide array of industries that rely heavily on physical assets and field operations. Their primary customers span sectors such as transportation and logistics, construction, field services, utilities and energy, and various government entities. They also cater to industries like healthcare and education, manufacturing, wholesale and retail trade, and food and beverage, all seeking to optimize their physical operations through advanced data intelligence.

AI Analysis | Feedback

Here are a few brief analogies for Samsara (IOT):
  • Salesforce for the physical world: Just as Salesforce provides a cloud platform to manage customer relationships, Samsara offers a cloud platform to manage and optimize physical operations and assets using IoT data.
  • Datadog for industrial operations: Similar to how Datadog provides comprehensive monitoring and analytics for IT infrastructure and applications, Samsara offers a data platform for real-time visibility and insights into physical assets, vehicles, and sites.

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  • Connected Operations Cloud: Samsara's integrated platform that connects physical operations data, offering a comprehensive suite of data management and application services.
  • Data Platform: The foundational component of the Connected Operations Cloud, responsible for ingesting, aggregating, and enriching data from IoT devices with embedded AI, analytics, and security features.
  • Video-based Safety: Applications that utilize video to enhance safety protocols and prevent incidents for field operations.
  • Vehicle Telematics: Solutions for monitoring vehicle location, performance, and diagnostics in real-time.
  • Apps and Driver Workflows: Mobile and web applications designed to optimize driver tasks and streamline operational processes.
  • Equipment Monitoring: Applications for tracking the status, performance, and utilization of various industrial equipment.
  • Site Visibility: Solutions providing comprehensive real-time oversight and insights into physical operational sites.

AI Analysis | Feedback

Samsara (IOT) sells primarily to other companies (B2B).

Due to the nature of its diversified customer base, Samsara does not publicly disclose the names of specific major customers. Instead, the company serves a wide range of businesses across numerous industries that leverage its Connected Operations Cloud for fleet management, equipment monitoring, site visibility, and other operational intelligence needs.

Based on the company's description, Samsara's customers operate within, but are not limited to, the following industry categories:

  • Transportation and Logistics
  • Construction
  • Field Services
  • Utilities and Energy
  • Government
  • Healthcare and Education
  • Manufacturing
  • Wholesale and Retail Trade
  • Food and Beverage

As Samsara serves a broad base of businesses within these sectors, individual customer names and their public symbols are not typically made public by the company.

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Sanjit Biswas, Chief Executive Officer

Sanjit Biswas is the co-founder and Chief Executive Officer of Samsara. Prior to co-founding Samsara in 2015, he co-founded Meraki, a cloud networking company, where he served as CEO. Meraki was acquired by Cisco for $1.2 billion in 2012. He led Meraki as Cisco's fastest-growing cloud product after the acquisition. Biswas met his Samsara co-founder, John Bicket, as graduate students at MIT, where they collaborated on the "Roofnet" project, which formed the basis for Meraki's products. He holds a B.S. in Computer Systems Engineering from Stanford and an M.S. in Electrical Engineering and Computer Science from MIT.

Dominic Phillips, Executive Vice President, Chief Financial Officer

Dominic Phillips serves as the Executive Vice President and Chief Financial Officer at Samsara, a role he has held since December 2019. Before joining Samsara, Phillips was the Vice President of Finance and Head of Corporate Development at ServiceNow, where he was responsible for financial planning and analysis, investor relations, treasury, and corporate development. Earlier in his career, he worked as a Vice President on Morgan Stanley's technology investment banking team, providing advice to technology companies on financial and strategic transactions. He began his career in public accounting at PwC. Phillips earned a B.S. in Business from Cal Poly San Luis Obispo and an M.B.A. from UC Berkeley's Haas School of Business.

John Bicket, Chief Technology Officer

John Bicket is a co-founder and the Chief Technology Officer of Samsara. Before co-founding Samsara in 2015, he also co-founded Meraki with Sanjit Biswas, serving as its CTO and VP of Engineering. Meraki was acquired by Cisco for $1.2 billion in 2012. At Samsara, Bicket is responsible for the company's technology that simplifies and secures the operation of thousands of sensors. He holds a B.S. in Computer Science from Cornell University and an S.M. in Computer Science from MIT.

Kiren Sekar, Chief Product Officer

Kiren Sekar leads Samsara's global product and engineering organizations as Chief Product Officer. He also previously served as Samsara's Chief Strategy Officer. Prior to joining Samsara's founding team, Sekar was the VP of Marketing at Meraki (now part of Cisco Systems), where he helped the business grow significantly. He has also held software engineering and management positions at various startups and at Apple, where he holds patents for network protocol design. Sekar received a B.S. in Computer Science from Stanford.

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The key risks to Samsara's business are:
  1. Intense Competition and Market Headwinds: Samsara operates in a highly competitive market for connected operations and telematics solutions. The company faces competition from established players like Geotab, Verizon Connect, and Lytx, as well as various private companies. This intense competitive landscape could lead to pricing pressure, accelerated demands for innovation, and potential erosion of market share. Additionally, larger incumbent technology companies may bundle IoT solutions into broader digital transformation offerings, which could undercut Samsara's pricing and limit its ability to acquire new customers. Macroeconomic pressures also pose a constant threat, potentially impacting customer spending on Samsara's services.
  2. Potential Disruption from Autonomous Vehicles: A significant long-term risk to Samsara's business model is the potential disruption caused by the increasing adoption of autonomous vehicles. As autonomous technology advances and becomes more prevalent in industries like transportation and logistics, the need for certain aspects of Samsara's current solutions, such as human driver monitoring and traditional telematics for human-operated fleets, could diminish or fundamentally change. This could lead to a significant shift in the market that Samsara currently serves.
  3. Growth Deceleration and Valuation Risk: As a high-growth technology company, Samsara faces the risk of its revenue growth decelerating, which has been forecast to slow from 33% in fiscal year 2025 to the mid-20% range in fiscal year 2026. This deceleration in growth, combined with Samsara's high valuation multiples (e.g., a high forward Price/Sales ratio), poses a valuation risk. If the company's growth does not meet market expectations, or if macroeconomic conditions reduce enterprise technology spending, its stock valuation could be negatively impacted. Furthermore, Samsara has yet to achieve GAAP profitability, and high stock-based compensation expenses raise concerns about its capital efficiency, adding to the financial risks if growth targets are not met.

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Samsara Inc. (IOT) operates within a substantial overall addressable market, which it estimates to be around $100 billion to $117 billion. The company's main products and services contribute to various segments of the connected operations landscape.

  • Connected Operations Cloud / IoT for Operations:

    The global Smart Connected Assets and Operations Market was valued at approximately USD 278.94 billion in 2025 and is projected to reach USD 415.39 billion by 2030. The global Connected Enterprise Market was valued at USD 469.32 billion in 2023. North America accounted for 34.3% of this market's revenue in 2023. The global Internet of Things (IoT) market size was USD 864.32 billion in 2025, with projections to reach USD 5,552.48 billion by 2034. North America's IoT market share was valued at USD 279.73 billion in 2025. The global IoT Platforms Market is estimated at USD 16.11 billion in 2025 and is expected to grow to about USD 49.17 billion by 2034. North America was the largest market for IoT platforms in 2024. The global cloud services market is calculated at USD 721.87 billion in 2025 and is forecasted to reach approximately USD 2,726.94 billion by 2034. The North America market size for cloud services surpassed USD 259.58 billion in 2024, and the U.S. market specifically was USD 181.70 billion in 2024, projected to reach USD 817.06 billion by 2034.

  • Video-based Safety:

    The global video surveillance market size was valued at USD 53.8 billion in 2023 and is anticipated to grow to USD 115 billion by 2032. Another estimate places the global video surveillance market size at USD 82.7 billion in 2025, with a forecast to reach USD 290.4 billion by 2036. The North America video surveillance market is expected to reach USD 35 billion by 2032. In 2024, the global market for video surveillance systems with AI reached USD 5.64 billion, with North America contributing over a third of this amount.

  • Vehicle Telematics:

    The global vehicle telematics market size was valued at USD 93.61 billion in 2025 and is projected to increase to USD 198.69 billion by 2034. Europe held the largest share of this market in 2025. The U.S. market for vehicle telematics is projected to reach USD 26.15 billion by 2032. The global commercial vehicle telematics market size was valued at USD 61.52 billion in 2024 and is projected to reach USD 130.08 billion by 2030. North America led this market in 2024. The global automotive telematics market size was valued at USD 91.81 billion in 2024 and is expected to reach USD 388.49 billion by 2032. Another report estimates the global automotive telematics market at USD 49.61 billion in 2025, growing to USD 79.96 billion by 2034, with Asia Pacific leading in 2024. The global telematics market is projected to reach USD 674.97 billion by 2040, from USD 113.80 billion in 2026.

  • Apps and Driver Workflows:

    The global IoT Powered Logistics Market size is expected to reach approximately USD 809 billion by 2034, growing from USD 17.5 billion in 2024. North America held over 41% of this global market share, with an approximate revenue of USD 7.1 billion in 2024. The U.S. IoT-powered logistics market was valued at USD 6.65 billion in 2024. The global Logistics Visibility Software Market size was valued at USD 785.9 million in 2023 and is estimated to grow to USD 1.9 billion by 2032.

  • Equipment Monitoring:

    The global equipment monitoring market size is predicted to reach USD 6.45 billion by 2035. North America is the largest market, holding approximately 40% of the global share. Other estimates project the global equipment monitoring market to reach USD 5.08 billion by 2032 or USD 6.08 billion by 2034 from USD 3.51 billion in 2024. North America held 43% of the global equipment monitoring market in 2024. The global machine condition monitoring market size was valued at USD 3.00 billion in 2025 and is projected to grow to USD 6.80 billion by 2034. The global load monitoring equipment market size was valued at USD 2.85 billion in 2024 and is projected to reach USD 3.63 billion by 2034.

  • Site Visibility:

    The global location intelligence market size was valued at USD 20.90 billion in 2025 and is projected to grow to USD 66.12 billion by 2034. The European market for location intelligence is projected to reach USD 6.07 billion by 2026.

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Expected Drivers of Future Revenue Growth for Samsara (IOT)

Samsara (IOT) is anticipated to drive future revenue growth over the next 2-3 years through a combination of strategic initiatives, focusing on expanding its customer base, deepening engagement with existing clients, and continuous innovation in its Connected Operations Cloud.

  1. Acquisition of New Large Enterprise Customers: Samsara continues to prioritize and successfully onboard large enterprise customers within the vast and early-stage digitized physical operations market. The company consistently reports adding a record number of customers to its $100,000-plus and $1 million-plus Annual Recurring Revenue (ARR) cohorts. This focus on high-value customers provides a strong foundation for durable and efficient growth.
  2. Expansion within Existing Customer Base (Land and Expand): A significant driver is the expansion of product adoption among existing clients, commonly referred to as a "land and expand" strategy. Samsara's large customers increasingly utilize the platform as a system of record for physical operations by subscribing to multiple applications. For instance, 96% of large customers subscribe to two or more Samsara products, making the service sticky and fostering long-term, predictable revenue streams.
  3. New Product Innovation, particularly AI-driven Solutions: Samsara is heavily investing in research and development to introduce new applications and features, with a strong emphasis on AI-driven solutions. Recent launches, such as the AI Safety Coach, which provides automated safety outcomes and real-time voice coaching, and enhanced Asset Tags with AI-powered theft and loss workflows, are expected to fuel growth. These innovations expand use cases and drive higher product adoption and revenue per customer.
  4. International Expansion: The company is seeing good momentum in its international markets, indicating opportunities for geographical growth beyond its established presence. Expanding its global footprint allows Samsara to tap into new segments of the large, underserved physical operations market worldwide.
  5. Digitization of Physical Operations Market: Samsara benefits from addressing a massive and rapidly digitizing market in physical operations. The company's platform helps businesses improve safety, efficiency, and sustainability, offering clear return on investment (ROI) to customers. This underlying market opportunity continues to drive strong customer demand and positions Samsara for sustained growth.

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Capital Allocation Decisions (Last 3-5 Years)

Share Issuance

  • Samsara Inc. became a public company with its Class A common stock beginning to trade on the New York Stock Exchange on December 15, 2021.
  • As of March 23, 2022, there were 80,138,030 shares of Class A common stock and 428,636,573 shares of Class B common stock outstanding. As of March 18, 2025, there were 299,733,309 shares of Class A common stock and 269,587,022 shares of Class B common stock outstanding.
  • Equity-based compensation represented 20% of revenue in fiscal year 2026, with an expectation for this to decline further in fiscal year 2027 due to ongoing cost discipline.

Outbound Investments

  • In the fourth quarter of fiscal year 2026, investing activities resulted in a cash outflow of $54.82 million, which primarily included $230.34 million in purchases of investments, largely offset by $183.69 million from sales and maturities of investments. This suggests the investments are likely in marketable securities rather than strategic acquisitions of other companies.

Capital Expenditures

  • For the fourth quarter of fiscal year 2026, Samsara's capital expenditures (purchases of property, plant and equipment) amounted to $8.0 million, marking an increase of approximately 49.95% year-over-year.
  • The capital expenditures for the last twelve months ending November 1, 2025, were reported as $26.1 million.
  • The company's definition of adjusted free cash flow excludes the cash impact of non-recurring capital expenditures associated with the build-out of its corporate office facilities in San Francisco, California.

Better Bets vs. Samsara (IOT)

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Peer Comparisons

Peers to compare with:

Financials

IOTVZTRMBVNTAIOTZBRAMedian
NameSamsara Verizon .Trimble Vontier PowerFle.Zebra Te. 
Mkt Price31.1446.5450.7029.613.74251.5338.84
Mkt Cap18.1195.711.94.20.512.312.1
Rev LTM1,731139,1463,6873,0854445,5833,386
Op Inc LTM-1229,52365656620826611
FCF LTM23519,861480373-10836427
FCF 3Y Avg12017,826493379-18650436
CFO LTM26537,33950544730915476
CFO 3Y Avg14237,07352745311726490

Growth & Margins

IOTVZTRMBVNTAIOTZBRAMedian
NameSamsara Verizon .Trimble Vontier PowerFle.Zebra Te. 
Rev Chg LTM29.6%2.8%3.2%4.1%22.4%9.2%6.6%
Rev Chg 3Y Avg34.4%0.7%1.0%-1.3%64.0%0.8%0.9%
Rev Chg Q30.5%2.9%11.8%1.3%10.5%14.3%11.1%
QoQ Delta Rev Chg LTM6.9%0.7%2.8%0.3%2.5%3.5%2.6%
Op Inc Chg LTM92.0%1.3%41.8%7.9%175.6%4.2%24.8%
Op Inc Chg 3Y Avg46.0%-0.8%10.2%-0.4%-3.5%3.7%1.6%
Op Mgn LTM-0.7%21.2%17.8%18.4%4.4%14.8%16.3%
Op Mgn 3Y Avg-11.9%21.4%14.3%18.0%-4.0%14.1%14.2%
QoQ Delta Op Mgn LTM2.5%0.0%0.8%0.1%4.0%-0.0%0.4%
CFO/Rev LTM15.3%26.8%13.7%14.5%6.9%16.4%14.9%
CFO/Rev 3Y Avg9.2%27.2%14.2%14.9%3.1%13.9%14.1%
FCF/Rev LTM13.6%14.3%13.0%12.1%-2.2%15.0%13.3%
FCF/Rev 3Y Avg7.6%13.1%13.3%12.5%-5.2%12.4%12.4%

Valuation

IOTVZTRMBVNTAIOTZBRAMedian
NameSamsara Verizon .Trimble Vontier PowerFle.Zebra Te. 
Mkt Cap18.1195.711.94.20.512.312.1
P/S10.51.43.21.41.12.21.8
P/Op Inc-1,494.26.618.17.425.614.911.2
P/EBIT-1,494.26.518.87.330.818.012.7
P/E315.011.326.110.2-24.429.518.7
P/CFO68.45.223.59.416.513.515.0
Total Yield0.3%14.8%3.8%10.2%-4.1%3.4%3.6%
Dividend Yield0.0%5.9%0.0%0.3%0.0%0.0%0.0%
FCF Yield 3Y Avg0.6%9.2%3.1%6.9%-3.2%5.3%4.2%
D/E0.01.00.10.50.60.20.3
Net D/E-0.01.00.10.40.50.20.3

Returns

IOTVZTRMBVNTAIOTZBRAMedian
NameSamsara Verizon .Trimble Vontier PowerFle.Zebra Te. 
1M Rtn-11.0%-2.7%-10.1%4.4%-4.3%3.2%-3.5%
3M Rtn4.7%-6.1%-19.5%-15.6%28.5%24.1%-0.7%
6M Rtn-14.6%18.7%-36.8%-22.2%-31.1%2.1%-18.4%
12M Rtn-21.4%17.4%-33.0%-19.7%-16.1%-18.7%-19.2%
3Y Rtn12.6%54.0%-3.9%-6.5%33.6%-12.9%4.3%
1M Excs Rtn7.9%-1.3%-5.4%3.6%10.3%1.8%2.7%
3M Excs Rtn-15.9%-20.4%-36.1%-31.1%12.0%9.5%-18.2%
6M Excs Rtn-22.6%14.0%-43.4%-28.2%-38.8%-4.5%-25.4%
12M Excs Rtn-40.1%-2.8%-52.3%-40.1%-35.1%-37.7%-38.9%
3Y Excs Rtn-54.5%-9.5%-68.4%-73.0%-53.0%-75.6%-61.4%

Financials

Segment Financials

Revenue by Segment
$ Mil20262025202420232022
Single Segment1,6191,249937653 
Other revenue    9
Subscription revenue    419
Total1,6191,249937653428


Operating Income by Segment
$ Mil2026202520242023
Single Segment-53-190-323-259
Total-53-190-323-259


Net Income by Segment
$ Mil2026202520242023
Single Segment-9-155-287-247
Total-9-155-287-247


Price Behavior

Price Behavior
Market Price$31.14 
Market Cap ($ Bil)18.0 
First Trading Date12/15/2021 
Distance from 52W High-31.1% 
   50 Days200 Days
DMA Price$31.31$33.87
DMA Trenddownup
Distance from DMA-0.5%-8.1%
 3M1YR
Volatility64.3%58.8%
Downside Capture75.84170.76
Upside Capture54.62104.62
Correlation (SPY)13.1%25.7%
IOT Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta-1.90-0.57-0.210.811.211.60
Up Beta-6.41-1.75-0.60-0.110.821.56
Down Beta-5.77-5.36-1.910.281.591.36
Up Capture192%77%74%112%78%630%
Bmk +ve Days13283667141432
Stock +ve Days11223157118380
Down Capture-185%120%11%155%142%112%
Bmk -ve Days7132757109318
Stock -ve Days9193267130368

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with IOT
IOT-20.9%58.6%-0.19-
Sector ETF (XLK)46.1%23.5%1.5528.3%
Equity (SPY)21.2%12.4%1.2625.2%
Gold (GLD)21.8%27.7%0.700.4%
Commodities (DBC)21.8%18.6%0.929.9%
Real Estate (VNQ)16.1%13.6%0.857.6%
Bitcoin (BTCUSD)-44.2%42.5%-1.2517.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with IOT
IOT4.4%65.9%0.34-
Sector ETF (XLK)21.5%25.3%0.7546.1%
Equity (SPY)13.4%17.1%0.6146.5%
Gold (GLD)17.8%18.3%0.794.6%
Commodities (DBC)7.4%19.5%0.288.0%
Real Estate (VNQ)3.4%18.9%0.0835.4%
Bitcoin (BTCUSD)10.9%54.0%0.3926.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with IOT
IOT2.2%65.9%0.34-
Sector ETF (XLK)25.0%24.7%0.9146.1%
Equity (SPY)15.2%18.0%0.7246.5%
Gold (GLD)11.8%16.1%0.604.6%
Commodities (DBC)5.9%18.0%0.268.0%
Real Estate (VNQ)5.6%20.7%0.2335.4%
Bitcoin (BTCUSD)54.7%66.4%0.9526.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date6152026
Short Interest: Shares Quantity41.9 Mil
Short Interest: % Change Since 53120261.5%
Average Daily Volume9.0 Mil
Days-to-Cover Short Interest4.6 days
Basic Shares Quantity581.8 Mil
Short % of Basic Shares7.2%

Earnings Returns History

Updated 6/15/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
6/4/2026-1.2%-8.4% 
3/5/202619.5%7.7%6.3%
12/4/202511.1%7.7%-10.8%
9/4/202517.4%8.0%9.1%
6/5/2025-4.6%-13.9%-16.9%
3/6/2025-15.6%-11.3%-20.1%
12/5/2024-5.2%-15.8%-22.1%
9/5/202413.6%19.4%22.8%
...
SUMMARY STATS   
# Positive11129
# Negative768
Median Positive15.4%9.8%13.9%
Median Negative-5.2%-14.1%-13.8%
Max Positive27.9%46.1%44.7%
Max Negative-15.6%-18.0%-22.1%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
6/4/2026-1.2%-8.4% 
3/5/202619.5%7.7%6.3%
12/4/202511.1%7.7%-10.8%
9/4/202517.4%8.0%9.1%
6/5/2025-4.6%-13.9%-16.9%
3/6/2025-15.6%-11.3%-20.1%
12/5/2024-5.2%-15.8%-22.1%
9/5/202413.6%19.4%22.8%
6/6/2024-12.3%-18.0%0.8%
3/7/202414.0%7.3%-1.8%
11/30/202325.6%22.5%13.9%
8/31/202313.0%11.7%-7.1%
6/1/202327.9%46.1%44.7%
3/2/202315.4%20.0%16.8%
12/1/202220.2%25.7%20.4%
8/31/2022-13.0%-14.3%-18.8%
6/2/2022-3.2%0.8%10.3%
3/2/20221.6%5.3%-3.3%
SUMMARY STATS   
# Positive11129
# Negative768
Median Positive15.4%9.8%13.9%
Median Negative-5.2%-14.1%-13.8%
Max Positive27.9%46.1%44.7%
Max Negative-15.6%-18.0%-22.1%

SEC Filings

Expand for More
Report DateFiling DateFiling
04/30/202606/09/202610-Q
01/31/202603/16/202610-K
10/31/202512/09/202510-Q
07/31/202509/09/202510-Q
04/30/202506/10/202510-Q
01/31/202503/25/202510-K
10/31/202412/10/202410-Q
07/31/202409/10/202410-Q
04/30/202406/11/202410-Q
01/31/202403/26/202410-K
10/31/202312/05/202310-Q
07/31/202309/05/202310-Q
04/30/202306/06/202310-Q
01/31/202303/21/202310-K
10/31/202212/06/202210-Q
07/31/202209/06/202210-Q
Collapse to Preview
Report DateFiling DateFiling
04/30/202606/09/202610-Q
01/31/202603/16/202610-K
10/31/202512/09/202510-Q
07/31/202509/09/202510-Q
04/30/202506/10/202510-Q
01/31/202503/25/202510-K
10/31/202412/10/202410-Q
07/31/202409/10/202410-Q
04/30/202406/11/202410-Q
01/31/202403/26/202410-K
10/31/202312/05/202310-Q
07/31/202309/05/202310-Q
04/30/202306/06/202310-Q
01/31/202303/21/202310-K
10/31/202212/06/202210-Q
07/31/202209/06/202210-Q
04/30/202206/08/202210-Q
01/31/202203/30/202210-K
10/31/202112/15/2021424B4

Recent Forward Guidance

Updated 6/5/2026

Latest: Q1 2027 Earnings Reported 6/4/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q2 2027 Total revenue482.00 Mil483.00 Mil484.00 Mil   
Q2 2027 Year/Year revenue growth23.0%23.5%24.0%   
Q2 2027 Non-GAAP operating margin 18.0%    
Q2 2027 Non-GAAP net income per share, diluted0.150.150.16   
2027 Total revenue2.00 Bil2.01 Bil2.01 Bil2.0% RaisedGuidance: 1.97 Bil for 2027
2027 Year/Year revenue growth 24.0% 11.6%2.5%RaisedGuidance: 21.5% for 2027
2027 Non-GAAP operating margin 20.0% 5.3%1.0%RaisedGuidance: 19.0% for 2027
2027 Non-GAAP net income per share, diluted0.70.710.726.0% RaisedGuidance: 0.67 for 2027

Prior: Q4 2026 Earnings Reported 3/5/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q1 2027 Revenue454.00 Mil455.00 Mil456.00 Mil7.8% Higher NewGuidance: 422.00 Mil for Q4 2026
Q1 2027 Revenue Growth 24.0% 9.1%2.0%Higher NewGuidance: 22.0% for Q4 2026
Q1 2027 Operating Margin 15.0% -6.2%-1.0%Lower NewGuidance: 16.0% for Q4 2026
Q1 2027 EPS0.120.120.130 Same NewGuidance: 0.12 for Q4 2026
2027 Revenue1.97 Bil1.97 Bil1.98 Bil23.4% Higher NewGuidance: 1.60 Bil for 2026
2027 Revenue Growth21.0%21.5%22.0%-23.2%-6.5%Lower NewGuidance: 28.0% for 2026
2027 Operating Margin 19.0% 18.8%3.0%Higher NewGuidance: 16.0% for 2026
2027 EPS0.650.670.6932.7% Higher NewGuidance: 0.51 for 2026

Insider Activity

Updated 6/23/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Eltoukhy, AdamSEE REMARKSDirectSell623202632.211,61451,99013,692,549Form
2Kirchhoff, Benjamin LouisCHIEF ACCOUNTING OFFICERDirectSell617202633.742,54986,0035,643,656Form
3Chadwick, JonathanDirectSell617202633.4710,000334,7231,468,264Form
4Andreessen, Marc LSee FootnoteSell612202632.18468,75115,083,98577,274,762Form
5Andreessen, Marc LSee footnoteSell612202632.56144,9094,717,87573,465,576Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Eltoukhy, AdamSEE REMARKSDirectSell623202632.211,61451,99013,692,549Form
2Kirchhoff, Benjamin LouisCHIEF ACCOUNTING OFFICERDirectSell617202633.742,54986,0035,643,656Form
3Chadwick, JonathanDirectSell617202633.4710,000334,7231,468,264Form
4Andreessen, Marc LSee FootnoteSell612202632.18468,75115,083,98577,274,762Form
5Andreessen, Marc LSee footnoteSell612202632.56144,9094,717,87573,465,576Form
6Andreessen, Marc LSee footnoteSell612202633.68500,00016,838,49396,657,902Form
7Andreessen, Marc LSee FootnoteSell610202633.37210,1267,011,547124,631,301Form
8Andreessen, Marc LSee footnoteSell610202634.56364,87412,608,647116,459,359Form
9Andreessen, Marc LSee footnoteSell610202634.09567,82719,357,115134,489,316Form
10Phillips, DominicSEE REMARKSDirectSell609202635.3919,547691,76532,897,502Form
11Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell528202631.2131,081970,0799,583,620Form
12Bicket, JohnSEE REMARKSSee footnoteSell528202631.2030,345946,6754,798,982Form
13Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell528202630.03128,1593,848,236669,603Form
14Bicket, JohnSEE REMARKSSee FootnoteSell528202629.7277,0072,288,4946,380,009Form
15Bicket, JohnSEE REMARKSSee footnoteSell528202630.4852,0141,585,213679,630Form
16Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell528202631.10104,6603,254,935143,060Form
17Bicket, JohnSEE REMARKSSee footnoteSell528202631.10104,5343,250,991143,059Form
18Eltoukhy, AdamSEE REMARKSDirectSell521202630.215,473165,32014,145,855Form
19Kirchhoff, Benjamin LouisCHIEF ACCOUNTING OFFICERDirectSell514202627.472,55470,1583,068,509Form
20Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell514202627.4795,6282,626,8241,856,917Form
21Bicket, JohnSEE REMARKSSee FootnoteSell514202627.4888,7202,438,2479,985,162Form
22Bicket, JohnSEE REMARKSSee footnoteSell514202627.316,953189,8791,846,087Form
23Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell514202628.58168,2724,809,871434,475Form
24Bicket, JohnSEE REMARKSSee footnoteSell514202628.58168,2274,808,620434,479Form
25Phillips, DominicSEE REMARKSDirectSell504202630.0019,547586,41013,884,030Form
26Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell430202628.4972,9582,078,50620,599,195Form
27Bicket, JohnSEE REMARKSSee footnoteSell430202628.4972,8162,074,40216,233,416Form
28Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell430202629.0587,0672,529,1353,279,535Form
29Bicket, JohnSEE REMARKSSee FootnoteSell430202629.0565,5381,903,70918,667,137Form
30Bicket, JohnSEE REMARKSSee footnoteSell430202629.0421,689629,8403,278,571Form
31Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell430202629.50103,8753,064,355761,111Form
32Bicket, JohnSEE REMARKSSee footnoteSell430202629.50103,8573,063,865761,121Form
33Eltoukhy, AdamSEE REMARKSDirectSell421202630.685,473167,9075,848,941Form
34Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell416202627.9896,5622,702,1464,426,995Form
35Bicket, JohnSEE REMARKSSee FootnoteSell416202627.6625,716711,21223,322,061Form
36Bicket, JohnSEE REMARKSSee footnoteSell416202628.1070,9741,994,5674,445,861Form
37Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell416202626.60167,3384,450,787968,152Form
38Bicket, JohnSEE REMARKSSee footnoteSell416202626.60167,2104,447,252968,124Form
39Kirchhoff, Benjamin LouisCHIEF ACCOUNTING OFFICERDirectSell414202626.022,48064,5302,972,993Form
40Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell402202630.9710,381321,54935,281,958Form
41Bicket, JohnSEE REMARKSSee footnoteSell402202630.9610,009309,89330,522,644Form
42Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell402202631.80116,5763,707,0756,471,227Form
43Bicket, JohnSEE REMARKSSee footnoteSell402202631.80116,4863,704,1496,471,115Form
44Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell402202631.44136,9434,304,8551,477,463Form
45Bicket, JohnSEE REMARKSSee footnoteSell402202631.44137,4054,319,6171,477,544Form
46Eltoukhy, AdamSEE REMARKSDirectSell323202633.315,473182,3036,350,412Form
47Chadwick, JonathanDirectSell317202631.9310,000319,2861,400,548Form
48Kirchhoff, Benjamin LouisCHIEF ACCOUNTING OFFICERDirectSell317202631.902,48079,1123,723,942Form
49Phillips, DominicSEE REMARKSDirectSell309202631.7317,808565,12318,187,314Form
50Phillips, DominicSEE REMARKSDirectSell309202630.0017,808534,24017,193,420Form
51Eltoukhy, AdamSEE REMARKSDirectSell223202626.794,688125,6126,609,482Form
52Kirchhoff, Benjamin LouisCHIEF ACCOUNTING OFFICERDirectSell219202626.641,73146,1143,247,762Form
53Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell219202625.87263,9006,827,5131,490,204Form
54Bicket, JohnSEE REMARKSSee footnoteSell219202625.87263,9006,827,4601,490,192Form
55Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell205202625.19208,0815,242,5777,409,816Form
56Bicket, JohnSEE REMARKSSee footnoteSell205202625.20208,5365,254,1807,410,012Form
57Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell205202625.2355,8191,408,3891,720,778Form
58Bicket, JohnSEE REMARKSSee footnoteSell205202625.2355,3641,396,8871,720,751Form
59Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell122202632.43263,9008,557,8292,555,350Form
60Bicket, JohnSEE REMARKSSee footnoteSell122202632.43263,9008,557,7142,555,316Form
61Eltoukhy, AdamSEE REMARKSDirectSell122202632.544,688152,5638,027,632Form
62Kirchhoff, Benjamin LouisCHIEF ACCOUNTING OFFICERDirectSell116202634.531,68358,1143,301,413Form
63Phillips, DominicSEE REMARKSDirectSell105202634.2418,348628,18419,621,819Form
64Bicket, JohnSEE REMARKSSee footnoteSell1231202535.741,953  Form
65Kirchhoff, Benjamin LouisCHIEF ACCOUNTING OFFICERDirectSell1231202536.131,68360,8073,515,196Form
66Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell1231202535.9677,758  Form
67Bicket, JohnSEE REMARKSSee footnoteSell1231202535.9685,773  Form
68Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell1231202536.2782,242  Form
69Bicket, JohnSEE REMARKSSee footnoteSell1231202536.2782,274  Form
70Chadwick, JonathanDirectSell1230202536.6110,000366,0841,605,827Form
71Eltoukhy, AdamSEE REMARKSDirectSell1223202538.324,688179,6649,453,622Form
72Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell1219202538.7324,498948,8444,918,900Form
73Bicket, JohnSEE REMARKSSee footnoteSell1219202538.7533,9391,315,0455,308,380Form
74Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell1219202538.37135,5025,199,691230,241Form
75Bicket, JohnSEE REMARKSSee footnoteSell1219202538.37136,0615,221,212230,244Form
76Phillips, DominicSEE REMARKSDirectSell1216202540.7248,1161,959,09623,334,967Form
77Eltoukhy, AdamSEE REMARKSDirectSell1216202540.7218,952771,64610,043,570Form
78Phillips, DominicSEE REMARKSDirectSell1211202544.468,231365,96829,650,552Form
79Kirchhoff, Benjamin LouisCHIEF ACCOUNTING OFFICERDirectSell1211202544.441,60971,5094,398,780Form
80Eltoukhy, AdamSEE REMARKSDirectSell1211202544.459,498422,21912,607,102Form
81Phillips, DominicSEE REMARKSDirectSell1208202546.0918,348845,69931,500,532Form
82Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell1203202538.1014,152539,1421,712,514Form
83Bicket, JohnSEE REMARKSSee footnoteSell1203202538.1524,162921,6698,322,297Form
84Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell1203202537.85145,8485,519,885454,162Form
85Bicket, JohnSEE REMARKSSee footnoteSell1203202537.85145,8385,519,463454,158Form
86Eltoukhy, AdamSEE REMARKSDirectSell1121202536.044,767171,81510,910,046Form
87Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell1120202536.1336,6641,324,6026,212,304Form
88Bicket, JohnSEE REMARKSSee footnoteSell1120202536.1146,5591,681,21312,825,046Form
89Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell1120202536.50123,3364,502,284657,076Form
90Bicket, JohnSEE REMARKSSee footnoteSell1120202536.51123,4414,506,390657,116Form
91Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell1106202538.3810,937419,77111,474,017Form
92Bicket, JohnSEE REMARKSSee footnoteSell1106202538.5220,723798,15318,956,191Form
93Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell1106202538.94149,0635,804,940934,629Form
94Bicket, JohnSEE REMARKSSee footnoteSell1106202538.94149,2775,813,324934,637Form
95Phillips, DominicSEE REMARKSDirectSell1104202540.3918,348741,10027,604,432Form
96Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell1023202538.63160,0006,181,0721,158,951Form
97Bicket, JohnSEE REMARKSSee footnoteSell1023202538.66170,0006,572,9471,159,932Form
98Eltoukhy, AdamSEE REMARKSDirectSell1021202537.164,767177,13711,247,955Form
99Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell1009202538.36160,0006,137,0411,380,834Form
100Bicket, JohnSEE REMARKSSee footnoteSell1009202538.35170,0006,519,6391,380,629Form
101Phillips, DominicSEE REMARKSDirectSell1002202537.8318,904715,07525,851,678Form
102Kirchhoff, Benjamin LouisCHIEF ACCOUNTING OFFICERDirectSell930202537.474,933184,8403,768,920Form
103Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell925202537.6026,590999,84325,567,696Form
104Bicket, JohnSEE REMARKSSee footnoteSell925202537.5036,5791,371,64633,867,341Form
105Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell925202538.97133,4105,198,4411,636,568Form
106Bicket, JohnSEE REMARKSSee footnoteSell925202538.97133,4215,198,8061,636,548Form
107Eltoukhy, AdamSEE REMARKSDirectSell923202539.404,767187,84011,927,603Form
108Phillips, DominicSEE REMARKSDirectSell917202539.1546,2531,810,91426,757,693Form
109Eltoukhy, AdamSEE REMARKSDirectSell917202539.1518,219713,27711,850,682Form
110Chadwick, JonathanDirectSell917202539.2922,500883,9791,723,367Form
111Phillips, DominicSEE REMARKSDirectSell912202538.148,457322,57129,643,626Form
112Kirchhoff, Benjamin LouisCHIEF ACCOUNTING OFFICERDirectSell912202538.131,77267,5734,023,771Form
113Eltoukhy, AdamSEE REMARKSDirectSell912202538.149,758372,17212,953,327Form
114Andreessen, Marc LAndreessen Horowitz LSV Fund I, L.P.Sell910202538.55503,000  Form
115Andreessen, Marc LAH Parallel Fund V, L.P.Sell910202538.55257,000  Form
116Andreessen, Marc La16z Capital Management, L.L.C.Sell910202538.5733,331  Form
117Andreessen, Horowitz Lsv Fund Iii, LPAndreessen Horowitz LSV Fund I, L.P.Sell910202538.55503,000  Form
118Andreessen, Horowitz Lsv Fund Iii, LPAH Parallel Fund V, L.P.Sell910202538.55257,000  Form
119Andreessen, Horowitz Lsv Fund Iii, LPa16z Capital Management, L.L.C.Sell910202538.5733,331  Form
120Ah, Parallel Fund Iv, LPAndreessen Horowitz LSV Fund I, L.P.Sell910202538.55503,000  Form
121Ah, Parallel Fund Iv, LPAH Parallel Fund V, L.P.Sell910202538.55257,000  Form
122Ah, Parallel Fund Iv, LPa16z Capital Management, L.L.C.Sell910202538.5733,331  Form
123Andreessen, Horowitz Lsv Fund I, LPAndreessen Horowitz LSV Fund I, L.P.Sell910202538.55503,000  Form
124Andreessen, Horowitz Lsv Fund I, LPAH Parallel Fund V, L.P.Sell910202538.55257,000  Form
125Andreessen, Horowitz Lsv Fund I, LPa16z Capital Management, L.L.C.Sell910202538.5733,331  Form
126Phillips, DominicSEE REMARKSDirectSell909202541.5917,793740,07433,014,276Form
127Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell904202535.5730,1451,072,40221,270,244Form
128Bicket, JohnSEE REMARKSSee footnoteSell904202535.6140,3201,435,63835,048,758Form
129Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell904202535.37129,8554,593,1231,697,816Form
130Bicket, JohnSEE REMARKSSee footnoteSell904202535.37129,6804,586,7981,697,766Form
131Eltoukhy, AdamSEE REMARKSDirectSell821202532.734,578149,83511,740,654Form
132Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell821202532.5857,1771,862,8827,917,177Form
133Bicket, JohnSEE REMARKSSee footnoteSell821202532.6467,3492,198,5957,932,689Form
134Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell821202533.44102,8233,438,3591,805,738Form
135Bicket, JohnSEE REMARKSSee footnoteSell821202533.44102,6513,432,6651,805,768Form
136Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell807202536.2027,602999,14830,837,489Form
137Bicket, JohnSEE REMARKSSee footnoteSell807202536.1537,6321,360,29545,485,847Form
138Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell807202536.23132,3984,797,2142,173,997Form
139Bicket, JohnSEE REMARKSSee footnoteSell807202536.23132,3684,796,1142,173,991Form
140Phillips, DominicSEE REMARKSDirectSell804202535.9917,793640,29128,562,992Form
141Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell724202538.6335,8421,384,73037,819,181Form
142Bicket, JohnSEE REMARKSSee footnoteSell724202538.6745,9521,777,13453,963,250Form
143Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell724202537.88124,1584,702,6892,499,859Form
144Bicket, JohnSEE REMARKSSee footnoteSell724202537.88124,0484,698,3922,499,789Form
145Eltoukhy, AdamSEE REMARKSDirectSell723202538.7710,083390,89913,906,905Form
146Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell710202539.1845,7361,791,82243,326,476Form
147Bicket, JohnSEE REMARKSSee footnoteSell710202539.2256,1132,200,86460,101,714Form
148Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell710202538.70114,2644,422,1852,786,506Form
149Bicket, JohnSEE REMARKSSee footnoteSell710202538.70113,8874,407,5472,786,476Form
150Phillips, DominicSEE REMARKSDirectSell702202539.1918,333718,46431,106,222Form
151Eltoukhy, AdamSEE REMARKSDirectSell630202539.8910,083402,23914,310,329Form
152Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell626202539.58160,0006,333,1193,087,395Form
153Bicket, JohnSEE REMARKSSee footnoteSell626202539.42170,000  Form
154Chadwick, JonathanDirectSell618202539.0722,500879,0051,464,774Form
155Phillips, DominicSEE REMARKSDirectSell618202539.2147,3341,855,92431,121,635Form
156Eltoukhy, AdamSEE REMARKSDirectSell618202539.2118,643730,99214,065,411Form
157Phillips, DominicSEE REMARKSDirectSell612202541.239,059373,53836,594,790Form
158Eltoukhy, AdamSEE REMARKSDirectSell612202541.2310,451430,90816,312,982Form
159Andreessen, Marc LAndreessen Horowitz LSV Fund I, L.P.Sell611202541.27212,248  Form
160Andreessen, Marc LAH Parallel Fund V, L.P.Sell611202541.2765,494  Form
161Andreessen, Marc LAH 2022 Annual Fund, L.P.Sell611202541.4536,366  Form
162Andreessen, Marc LAH Capital Management, L.L.C.Sell611202541.4584,918  Form
163Andreessen, Horowitz Lsv Fund Iii, LPAndreessen Horowitz LSV Fund I, L.P.Sell611202541.27212,248  Form
164Andreessen, Horowitz Lsv Fund Iii, LPAH Parallel Fund V, L.P.Sell611202541.2765,494  Form
165Andreessen, Horowitz Lsv Fund Iii, LPAH 2022 Annual Fund, L.P.Sell611202541.4536,366  Form
166Andreessen, Horowitz Lsv Fund Iii, LPAH Capital Management, L.L.C.Sell611202541.4584,918  Form
167Ah, Parallel Fund Iv, LPAndreessen Horowitz LSV Fund I, L.P.Sell611202541.27212,248  Form
168Ah, Parallel Fund Iv, LPAH Parallel Fund V, L.P.Sell611202541.2765,494  Form
169Ah, Parallel Fund Iv, LPAH 2022 Annual Fund, L.P.Sell611202541.4536,366  Form
170Ah, Parallel Fund Iv, LPAH Capital Management, L.L.C.Sell611202541.4584,918  Form
171Andreessen, Horowitz Lsv Fund I, LPAndreessen Horowitz LSV Fund I, L.P.Sell611202541.27212,248  Form
172Andreessen, Horowitz Lsv Fund I, LPAH Parallel Fund V, L.P.Sell611202541.2765,494  Form
173Andreessen, Horowitz Lsv Fund I, LPAH 2022 Annual Fund, L.P.Sell611202541.4536,366  Form
174Andreessen, Horowitz Lsv Fund I, LPAH Capital Management, L.L.C.Sell611202541.4584,918  Form
175Phillips, DominicSEE REMARKSDirectSell610202544.8920,534921,75240,557,642Form
176Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell605202546.3823,6051,094,72733,938,105Form
177Bicket, JohnSEE REMARKSSee footnoteSell605202546.4633,7131,566,3801,428,480Form
178Biswas, SanjitCHIEF EXECUTVE OFFICERSee footnoteSell605202546.03136,3956,278,7503,866,821Form
179Bicket, JohnSEE REMARKSSee footnoteSell605202546.03136,2876,273,9222,967,300Form
Core Cache Last Updated: 6/28/2026