Samsara

NYSE-listed Connected Operations platform with US$1.9bn ARR

Overview

Samsara is a San Francisco-based company listed on the NYSE as IOT, led by co-founder and chief executive Sanjit Biswas. It describes its product as the Connected Operations Platform, an open platform that connects people, devices and systems in physical operations, and says it has tens of thousands of customers across North America and Europe[1].

Samsara’s products include vehicle telematics, AI dash cameras and video-based safety, equipment and trailer monitoring, routing, navigation, maintenance, compliance and frontline-worker apps. Customers often expand from vehicles into trailers, assets and maintenance; the company cites Estes, which added equipment monitoring after starting with video-based safety and telematics[1].

For the fiscal year ended January 2026, Samsara reported fourth-quarter revenue of US$444 million, up 28%, ending ARR of US$1.9 billion, up 30%, net new ARR of US$432 million and US$1.2 billion of ARR from customers paying more than US$100,000 a year[1]. Q4 customer wins named in the release include Southern California Edison, Werner Enterprises and the Metropolitan Transit Authority of Harris County[1]. Pricing is quote-based and contracts usually run several years.

Samsara features

  • Vehicle telematics and GPS tracking
  • AI dash cameras and video-based safety
  • Equipment and trailer monitoring
  • Routing, navigation and maintenance
  • Open platform with integrations

Samsara pricing

Quote-based per-vehicle subscription plus hardware; no published prices.

Samsara strengths and limitations

Strengths

  • Broadest connected-operations platform
  • Strong growth and audited financials
  • Covers vehicles, equipment and workers
  • Large integration ecosystem
  • Revenue growth of 29.6%
  • Close to break-even

Limitations

  • No published pricing
  • Multi-year contracts
  • Hardware tied to subscription
  • Feature breadth can exceed small-fleet needs
  • Net loss
  • Requires hardware installation

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