Samsara (NYSE:IOT) saw its shares plunge over 13% intra-day today, as investors reacted negatively to its forward guidance, despite the company delivering fourth-quarter results that topped expectations.
The company reported adjusted earnings per share of $0.11, surpassing analyst projections of $0.07. Revenue climbed 25% year-over-year to $346.3 million, beating the consensus estimate of $335.35 million.
For the first quarter of fiscal 2026, Samsara guided EPS between $0.05 and $0.06, in line with analysts’ expectations of $0.05. Revenue is projected between $350 million and $352 million, aligning closely with the consensus estimate of $351.3 million.
The company’s full-year outlook showed a mixed picture. Samsara expects EPS in the range of $0.32 to $0.34, above the consensus estimate of $0.28. However, revenue guidance of $1.523 billion to $1.533 billion fell slightly short of the $1.528 billion midpoint expected by analysts.
CEO Sanjit Biswas highlighted another year of strong growth, noting that Samsara ended fiscal 2025 with annual recurring revenue (ARR) of $1.458 billion, a 32% increase from the prior year. The company also reported 2,506 customers with ARR over $100,000, marking a 36% year-over-year rise.