Samsara Crosses $2.1 Billion ARR as Q2 FY2027 Revenue Beats by 4%, Stock Jumps 13%

Samsara reported second-quarter fiscal 2027 results on September 3, 2026, for the quarter ended August 1, with revenue of $508.4 million, up 29.9% year-over-year and well above the $488.1 million analyst consensus. Earnings came in at $0.20 per share, beating the $0.16 estimate by 25%. Shares jumped 13.32% in extended trading on the results.

The Customer Growth Numbers

• Annual recurring revenue crossed $2.1 billion for the first time
• The company added 242 customers with more than $100,000 in ARR during the quarter
• It also added 20 customers with more than $1 million in ARR — a meaningful signal of large-enterprise adoption specifically, not just broad-based smaller-customer growth

The Guidance Raise

Samsara raised its full fiscal year 2027 revenue guidance to $2.043-2.047 billion, up from a prior $2.005-2.013 billion range — a meaningful upward revision that, combined with the quarter's beat and the large-customer growth specifically, suggests sustained demand momentum rather than a single strong quarter.

What This Means for the IoT and Fleet Management Category

The specific growth in $1 million-plus ARR customers is worth noting for anyone tracking enterprise adoption of IoT and connected-operations platforms — it suggests large organizations are making increasingly significant, not just pilot-scale, commitments to this category of technology. For businesses evaluating fleet management, industrial IoT, or connected operations platforms, Samsara's results are a useful data point that large-scale enterprise commitment in this category is accelerating, worth factoring into competitive vendor evaluations.