SAMSARA INC., 10-Q filed on 6/9/2026
Quarterly Report
v3.26.1
Cover Page - shares
 3 Months Ended
May 02, 2026
Jun. 02, 2026
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date May 02, 2026  
Document Transition Report false  
Entity File Number 001-41140  
Entity Registrant Name SAMSARA INC.  
Entity Incorporation, State or Country Code NV  
Entity Tax Identification Number 47-3100039  
Entity Address, Address Line One 1 De Haro Street  
Entity Address, City or Town San Francisco  
Entity Address, State or Province CA  
Entity Address, Postal Zip Code 94107  
City Area Code 415  
Local Phone Number 985-2400  
Title of 12(b) Security Class A Common Stock, $0.0001 par value per share  
Trading Symbol IOT  
Security Exchange Name NYSE  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Central Index Key 0001642896  
Amendment Flag false  
Current Fiscal Year End Date --01-30  
Document Fiscal Year Focus 2027  
Document Fiscal Period Focus Q1  
Common Class A    
Cover [Abstract]    
Entity Common Stock, Shares Outstanding   372,784,485
Common Class B    
Cover [Abstract]    
Entity Common Stock, Shares Outstanding   209,925,597
Common Class C    
Cover [Abstract]    
Entity Common Stock, Shares Outstanding   0
v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 02, 2026
Jan. 31, 2026
Current assets:    
Cash and cash equivalents $ 218,986 $ 318,789
Short-term investments 585,333 515,003
Accounts receivable, net 284,979 321,442
Inventories 52,228 48,194
Connected device costs, current 147,898 142,904
Deferred commissions, current 88,771 85,463
Prepaid expenses and other current assets 100,103 75,323
Total current assets 1,478,298 1,507,118
Long-term investments 477,072 403,123
Property and equipment, net 84,418 81,607
Operating lease right-of-use assets 57,265 60,303
Connected device costs, non-current 310,497 297,245
Deferred commissions, non-current 184,675 176,415
Other assets 21,845 14,863
Total assets 2,614,070 2,540,674
Current liabilities:    
Accounts payable 24,335 47,680
Accrued expenses and other current liabilities 112,224 102,073
Accrued compensation and benefits 59,577 75,403
Deferred revenue, current 703,943 679,316
Operating lease liabilities, current 12,053 12,566
Total current liabilities 912,132 917,038
Deferred revenue, non-current 123,834 129,726
Operating lease liabilities, non-current 56,967 60,202
Other liabilities 13,547 13,261
Total liabilities 1,106,480 1,120,227
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, $0.0001 par value—400,000,000 shares authorized as of May 2, 2026 and January 31, 2026; zero shares issued and outstanding as of May 2, 2026 and January 31, 2026 0 0
Additional paid-in capital 3,080,839 3,035,176
Accumulated other comprehensive income 1,329 4,357
Accumulated deficit (1,574,614) (1,619,122)
Total stockholders’ equity 1,507,590 1,420,447
Total liabilities and stockholders’ equity 2,614,070 2,540,674
Common Class A    
Stockholders’ equity:    
Common stock 13 13
Common Class B    
Stockholders’ equity:    
Common stock 23 23
Common Class C    
Stockholders’ equity:    
Common stock $ 0 $ 0
v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares
May 02, 2026
Jan. 31, 2026
Preferred stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Preferred stock, authorized (in shares) 400,000,000 400,000,000
Preferred stock, issued (in shares) 0 0
Preferred stock, outstanding (in shares) 0 0
Common Class A    
Common stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Common stock, authorized (in shares) 4,000,000,000 4,000,000,000
Common stock, issued (in shares) 370,981,108 368,420,623
Common stock, outstanding (in shares) 370,981,108 368,420,623
Common Class B    
Common stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Common stock, authorized (in shares) 600,000,000 600,000,000
Common stock, issued (in shares) 211,728,974 212,294,974
Common stock, outstanding (in shares) 211,728,974 212,294,974
Common Class C    
Common stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Common stock, authorized (in shares) 1,200,000,000 1,200,000,000
Common stock, issued (in shares) 0 0
Common stock, outstanding (in shares) 0 0
v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
 3 Months Ended
May 02, 2026
May 03, 2025
Income Statement [Abstract]    
Revenue $ 478,844 $ 366,884
Cost of revenue 117,701 83,169
Gross profit 361,143 283,715
Operating expenses:    
Research and development 97,567 83,242
Sales and marketing 203,603 165,400
General and administrative 52,778 68,328
Total operating expenses 353,948 316,970
Income (loss) from operations 7,195 (33,255)
Interest income and other income, net 41,732 12,723
Income (loss) before provision for income taxes 48,927 (20,532)
Provision for income taxes 4,419 1,589
Net income (loss) 44,508 (22,121)
Other comprehensive income (loss):    
Foreign currency translation adjustments, net of tax 69 960
Unrealized gains (losses) on investments, net of tax (3,097) 559
Total other comprehensive income (loss): (3,028) 1,519
Comprehensive income (loss) $ 41,480 $ (20,602)
Basic and diluted net income (loss) per share:    
Net income (loss) per share, basic (in dollars per share) $ 0.08 $ (0.04)
Net income (loss) per share, diluted (in dollars per share) $ 0.08 $ (0.04)
Weighted-average shares used in computing net income (loss) per share, basic (in shares) 581,835,917 567,740,728
Weighted-average shares used in computing net income (loss) per share, diluted (in shares) 587,674,441 567,740,728
v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Balance at beginning of period (in shares) at Feb. 01, 2025   565,719,239      
Balance at beginning of period at Feb. 01, 2025 $ 1,069,196 $ 35 $ 2,680,012 $ (846) $ (1,610,005)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock from equity compensation plans (in shares)   3,616,711      
Issuance of common stock from equity compensation plans 22   22    
Stock-based compensation expense 78,958   78,958    
Other comprehensive (loss) income 1,519     1,519  
Net income (loss) (22,121)       (22,121)
Balance at end of period (in shares) at May. 03, 2025   569,335,950      
Balance at end of period at May. 03, 2025 1,127,574 $ 35 2,758,992 673 (1,632,126)
Balance at beginning of period (in shares) at Jan. 31, 2026   580,715,597      
Balance at beginning of period at Jan. 31, 2026 1,420,447 $ 36 3,035,176 4,357 (1,619,122)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock from equity compensation plans (in shares)   3,042,276      
Issuance of common stock from equity compensation plans 11   11    
Shares withheld for net share settlement of equity awards (in shares)   (1,047,791)      
Shares withheld for net share settlement of equity awards (34,345)   (34,345)    
Stock-based compensation expense 79,997   79,997    
Other comprehensive (loss) income (3,028)     (3,028)  
Net income (loss) 44,508       44,508
Balance at end of period (in shares) at May. 02, 2026   582,710,082      
Balance at end of period at May. 02, 2026 $ 1,507,590 $ 36 $ 3,080,839 $ 1,329 $ (1,574,614)
v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
May 02, 2026
May 03, 2025
Operating activities    
Net income (loss) $ 44,508 $ (22,121)
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depreciation and amortization 7,928 5,142
Stock-based compensation expense 77,471 77,079
Net accretion of discounts on investments (2,923) (2,582)
Other 610 (348)
Changes in operating assets and liabilities:    
Accounts receivable, net 35,705 15,902
Inventories (5,071) 1,114
Prepaid expenses and other current assets (786) 1,040
Arbitration award receivable (30,329) 0
Connected device costs (18,225) (5,960)
Deferred commissions (11,557) (6,435)
Other assets (7,023) (13)
Accounts payable and other liabilities (25,422) (31,236)
Deferred revenue 16,496 20,610
Operating lease liabilities 31 420
Net cash provided by operating activities 81,413 52,612
Investing activities    
Purchases of property and equipment (8,236) (6,920)
Purchases of investments (357,523) (173,141)
Proceeds from maturities and redemptions of investments 216,571 161,972
Other investing activities 0 (200)
Net cash used in investing activities (149,188) (18,289)
Financing activities    
Proceeds from issuance of common stock from equity compensation plans 11 22
Taxes paid for net share settlement of equity awards (34,345) 0
Other financing activities (97) (378)
Net cash used in financing activities (34,431) (356)
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash (392) 1,125
Net increase (decrease) in cash, cash equivalents, and restricted cash (102,598) 35,092
Cash, cash equivalents, and restricted cash, beginning of period 324,843 245,794
Cash, cash equivalents, and restricted cash, end of period 222,245 280,886
Supplemental disclosure of cash flow information    
Cash paid for income taxes, net of refunds 1,334 3
Supplemental disclosure of non-cash investing and financing activities    
Property and equipment accrued but not yet paid $ 1,072 $ 636
v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($)
$ in Thousands
May 02, 2026
May 03, 2025
Statement of Cash Flows [Abstract]    
Cash and cash equivalents $ 218,986 $ 259,025
Restricted cash—included in Prepaid expenses and other current assets 3,259 21,861
Total cash, cash equivalents, and restricted cash $ 222,245 $ 280,886
v3.26.1
Description of Business
 3 Months Ended
May 02, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Description of Business Description of Business
Samsara Inc. (“Samsara”) and its subsidiaries (collectively, the “Company”) are the pioneers of the Connected Operations Platform, which is an open platform that connects the people, devices, and systems of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. Samsara was incorporated in Delaware in 2015 as Samsara Networks Inc. and changed its name to Samsara Inc. in February 2021. On June 1, 2026, the Company completed its conversion from a corporation organized under the laws of the State of Delaware to a corporation organized under the laws of the State of Nevada. Samsara’s principal executive offices are located at 1 De Haro Street, San Francisco, California 94107.
v3.26.1
Summary of Significant Accounting Policies
 3 Months Ended
May 02, 2026
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies Summary of Significant Accounting Policies
Basis of Presentation and Fiscal Year—The accompanying unaudited condensed consolidated financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America (“GAAP”) and applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Accordingly, they do not include all disclosures normally required in annual consolidated financial statements prepared in accordance with GAAP. Therefore, these unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2026, which was filed with the SEC on March 16, 2026.
In management’s opinion, these unaudited condensed consolidated financial statements have been prepared on the same basis as the annual financial statements and reflect all adjustments, which include normal recurring adjustments necessary for the fair statement, except as disclosed herein, of the Company’s financial position as of May 2, 2026 and the results of operations for the three months ended May 2, 2026 and May 3, 2025, and cash flows for the three months ended May 2, 2026 and May 3, 2025. The condensed consolidated balance sheet as of January 31, 2026 was derived from the audited consolidated financial statements but does not include all disclosures required by GAAP. The results of operations for the three months ended May 2, 2026 are not necessarily indicative of the results to be expected for the full year or any other future interim or annual period.
The Company’s fiscal year is a 52- or 53-week period ending on the Saturday closest to February 1. Every sixth fiscal year is a 53-week year. Fiscal year 2030 is the Company’s next 53-week fiscal year, with the fourth quarter consisting of 14 weeks. Fiscal year 2027 consists of 52 weeks and fiscal year 2026 consisted of 52 weeks.
Principles of Consolidation—The condensed consolidated financial statements include the accounts of Samsara and its wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation.
Certain prior period balance sheet amounts have been combined into other line items to conform to current period presentation. These reclassifications had no effect on total assets, total liabilities, or stockholders’ equity.
Use of Estimates—The preparation of condensed consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Such management estimates include, but are not limited to, the period of benefit for connected device costs and deferred commissions, collectability of receivables, inventory valuation, capitalization and useful lives of internal-use software costs, timing and amount of legal contingencies, and accounting for income taxes. Actual results could materially differ from the estimates and assumptions made.
Significant Accounting Policies—There were no material changes to the Company’s significant accounting policies during the three months ended May 2, 2026.
Recently Adopted Accounting Pronouncement—In July 2025, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2025-05, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets. This standard provides a practical expedient for calculating current expected credit losses for current accounts receivable and current contract assets by assuming that the current conditions as of the balance sheet date will not change for the remaining life of the asset. The Company adopted the ASU 2025-05, effective February 1, 2026, on a prospective basis and elected the practical expedient. The adoption did not have a material impact on the Company’s consolidated financial statements.
Recent Accounting Pronouncements Not Yet Adopted—In November 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. This standard requires disclosure of specified information about certain costs and expenses, including purchases of inventory, employee compensation, depreciation, and amortization. As clarified on the subsequent amendment, ASU No. 2025-01, issued by the FASB in January 2025, this guidance is effective for the Company’s Annual Report on Form 10-K for the fiscal year ending January 29, 2028, and subsequent interim periods. Early adoption is permitted and may be applied either prospectively or retrospectively. The Company is currently evaluating the impact of this ASU on its consolidated financial statements.
In September 2025, the FASB issued ASU No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software, which modernizes the accounting for internal-use software. ASU 2025-06 removes all references to software development stages and requires capitalization of software costs when management has committed to the software project and it is probable the software will be completed and perform its intended use. This guidance is effective for the Company for its fiscal year beginning January 30, 2028, and interim periods within that fiscal year. Early adoption is permitted. The Company is currently evaluating the impact of this ASU on its consolidated financial statements.
In December 2025, the FASB issued ASU No. 2025-11, Interim Reporting (Topic 270): Narrow-Scope Improvements. This standard enhances consistency in interim reporting for all entities by clarifying interim disclosure requirements and the form and content of interim financial statements in accordance with GAAP. This guidance is effective for the Company for its fiscal year beginning January 30, 2028, and interim periods within that fiscal year. Early adoption is permitted and must be applied either prospectively or retrospectively to any or all prior periods presented in the financial statements. The Company is currently evaluating the impact of this ASU on its consolidated financial statements.
v3.26.1
Investments
 3 Months Ended
May 02, 2026
Investments, Debt and Equity Securities [Abstract]  
Investments Investments
The following is a summary of available-for-sale marketable debt securities recorded within short-term and long-term investments on the condensed consolidated balance sheets (in thousands):
As of
May 2, 2026
Amortized CostGross Unrealized GainsGross Unrealized LossesEstimated Fair Value
Investments
Commercial paper
$181,518$—$(1)$181,517
Corporate notes and bonds
564,732557(1,235)564,054
U.S. government, agency securities, and municipal securities
317,096163(425)316,834
Total investments$1,063,346$720$(1,661)$1,062,405
As of
January 31, 2026
Amortized CostGross Unrealized GainsGross Unrealized LossesEstimated Fair Value
Investments
Commercial paper
$137,590$—$—$137,590
Corporate notes and bonds
486,1441,849(148)487,845
U.S. government and agency securities
292,236507(52)292,691
Total investments$915,970$2,356$(200)$918,126
The Company included $6.9 million and $6.5 million of accrued interest receivable in “Prepaid expenses and other current assets” on the condensed consolidated balance sheets as of May 2, 2026 and January 31, 2026, respectively. The Company did not recognize an allowance for credit losses against accrued interest receivable as of May 2, 2026 and January 31, 2026 because such potential losses were not material.
For available-for-sale marketable debt securities with unrealized loss positions, the Company does not intend to sell any of the securities and considers it more likely than not that these securities will be held until recovery of their cost basis. The unrealized losses are attributable to changes in interest rates and market conditions and are not the result of credit deterioration of the underlying issuers. Accordingly, the Company did not recognize an allowance for credit losses on these securities as of May 2, 2026 and January 31, 2026.
As of May 2, 2026, the estimated fair values of available-for-sale marketable debt securities, by remaining contractual maturity, are as follows (in thousands):
As of
May 2, 2026
Due within one year$585,333
Due in one year to three years477,072
Total$1,062,405
Concentrations of Credit Risk—The Company maintains its investments in marketable debt securities with high-quality financial institutions with investment-grade ratings.
v3.26.1
Fair Value Measurements
 3 Months Ended
May 02, 2026
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
The Company reports financial assets and liabilities and nonfinancial assets and liabilities that are recognized or disclosed at fair value in the condensed consolidated financial statements on a recurring basis, using a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows:
Level 1—Observable inputs that reflect quoted prices (unadjusted) in active markets for identical assets or liabilities.
Level 2—Observable inputs other than quoted prices in active markets for identical assets or liabilities, quoted prices for identical or similar assets or liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.
Level 3—Inputs that are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability.
The level in the fair value hierarchy within which a fair value measurement in its entirety falls is based on the lowest-level input that is significant to the fair value measurement in its entirety.
The following tables present the fair value hierarchy for assets measured at fair value on a recurring basis as of the periods presented (in thousands):
As of May 2, 2026
Level 1Level 2Level 3Total
Cash equivalents
Money market funds$72,912$—$—$72,912
Commercial paper—35,030—35,030
U.S. government and agency securities—1,899—1,899
Total cash equivalents$72,912$36,929$—$109,841
Marketable debt securities
Commercial paper
$—$181,517$—$181,517
Corporate notes and bonds
—564,054—564,054
U.S. government, agency securities, and municipal securities
—316,834—316,834
Total marketable debt securities$—$1,062,405$—$1,062,405
As of January 31, 2026
Level 1Level 2Level 3Total
Cash equivalents
Money market funds$158,875$—$—$158,875
Commercial paper—67,606—67,606
U.S. government and agency securities—15,291—15,291
Total cash equivalents$158,875$82,897$—$241,772
Marketable debt securities
Commercial paper
$—$137,590$—$137,590
Corporate notes and bonds
—487,845—487,845
U.S. government and agency securities
—292,691—292,691
Total marketable debt securities$—$918,126$—$918,126
The Company determines the fair value of its security holdings based on pricing from service providers and market prices from industry-standard independent data providers. Such market prices may be quoted prices in active markets for identical assets (Level 1 inputs) or pricing determined using inputs other than quoted prices that are observable either directly or indirectly (Level 2 inputs), such as yield curves, volatility factors, credit spreads, default rates, loss severity, current market and contractual prices for the underlying instruments or debt, broker and dealer quotes, as well as other relevant economic measures.
v3.26.1
Costs to Obtain and Fulfill a Contract
 3 Months Ended
May 02, 2026
Revenue from Contract with Customer [Abstract]  
Costs to Obtain and Fulfill a Contract Costs to Obtain and Fulfill a Contract
Deferred Commissions—Total deferred commissions as of May 2, 2026 and January 31, 2026 were $273.4 million and $261.9 million, respectively.
The following table provides the amounts capitalized and amortized for commission costs for the periods presented (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Capitalized commission costs$34,463$23,695
Amortization expense$22,895$17,250
Connected Devices—Total connected device costs, current and non-current, as of May 2, 2026 and January 31, 2026 were $458.4 million and $440.1 million, respectively. Amounts include deployed long-lived device assets that transfer ownership to the customer at the end of the contract, net of amortization, of $7.7 million and $8.1 million as of May 2, 2026 and January 31, 2026, respectively.
The following table provides the amounts capitalized and amortized for connected device costs for the periods presented (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Capitalized connected device costs$57,716$38,573
Amortization expense$39,470$32,582
Revenue, Accounts Receivable, Deferred Revenue, and Remaining Performance Obligations
Revenue Recognition—Subscription revenue is generated from subscriptions to access the Connected Operations Platform. Subscription agreements contain multiple service elements for one or more of the cloud-based Applications via mobile app(s) or a website that enable data collection and provide access to the cellular network, generally one or more wireless gateways, cameras, sensors and other devices (collectively, “connected devices” or “Internet of Things (“IoT”) devices”), support services that are delivered over the term of the arrangement, and warranty coverage. The Connected Operations Platform and the related connected device access points are highly interdependent and interrelated, and represent a combined performance obligation, which is recognized over the related subscription period.
Other revenue is generally recognized at a point in time and is earned through the sale of replacement gateways, sensors and cameras, as well as related shipping and handling fees, and professional services.
Revenue comprises the following (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Subscription revenue$470,976$359,604
Other revenue7,8687,280
Total revenue$478,844$366,884
Accounts Receivable—An allowance for credit losses of $14.5 million and $14.1 million was recorded as of May 2, 2026 and January 31, 2026, respectively. During the three months ended May 2, 2026, the Company recorded a charge of $2.7 million to operations and wrote off $2.3 million against the allowance. During the three months ended May 3, 2025, the Company recorded a charge of $1.4 million to operations and recovered $0.2 million against the allowance.
Deferred Revenue—The following table provides the deferred revenue balances for the periods presented (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Deferred revenue, beginning of period$809,042$685,770
Deferred revenue, end of period$827,777$706,112
Revenue recognized during the three months ended May 2, 2026 and May 3, 2025 that was included in the deferred revenue balance at the beginning of the respective periods was $398.7 million and $338.8 million, respectively.
Remaining Performance Obligations (“RPO”)—RPO represents the amount of contracted future revenue that has not yet been recognized, including both deferred revenue and non-cancelable contracted amounts that will be invoiced and recognized as revenue in future periods.
As of May 2, 2026, the RPO was $3,988.5 million, of which the Company expects to recognize revenue of approximately $1,730.5 million over the next 12 months, with the remaining balance to be recognized thereafter.
Concentrations of Significant Customers and Credit Risk—No customer accounted for greater than 10% of total revenue for the three months ended May 2, 2026 and May 3, 2025.
No customer accounted for greater than 10% of total accounts receivable as of May 2, 2026 and January 31, 2026.
v3.26.1
Balance Sheet Components
 3 Months Ended
May 02, 2026
Supplemental Balance Sheet Disclosures [Abstract]  
Balance Sheet Components Balance Sheet Components
Inventories—Inventories comprises the following (in thousands):
As of
May 2, 2026January 31, 2026
Raw materials$7,589$7,374
Finished goods44,63940,820
Total inventories$52,228$48,194
Property and Equipment, Net—Property and equipment, net, comprises the following (in thousands):
As of
May 2, 2026January 31, 2026
Gross property and equipment:
Computers and equipment$24,633$22,644
Leasehold improvements48,98248,960
Furniture and fixtures17,71917,706
Internal-use software costs90,81582,100
Total gross property and equipment182,149171,410
Accumulated depreciation and amortization(97,731)(89,803)
Property and equipment, net$84,418$81,607
Internal-use software costs included $2.5 million and $1.9 million of capitalized stock-based compensation expense for the three months ended May 2, 2026 and May 3, 2025, respectively.
Depreciation and amortization of property and equipment was as follows (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Depreciation and amortization expense (1)
$7,928$5,142
__________
(1)Includes amortization of capitalized internal-use software costs of $4.9 million and $3.0 million for the three months ended May 2, 2026 and May 3, 2025, respectively.
v3.26.1
Revenue, Accounts Receivable, Deferred Revenue, and Remaining Performance Obligations
 3 Months Ended
May 02, 2026
Revenue from Contract with Customer [Abstract]  
Revenue, Accounts Receivable, Deferred Revenue, and Remaining Performance Obligations Costs to Obtain and Fulfill a Contract
Deferred Commissions—Total deferred commissions as of May 2, 2026 and January 31, 2026 were $273.4 million and $261.9 million, respectively.
The following table provides the amounts capitalized and amortized for commission costs for the periods presented (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Capitalized commission costs$34,463$23,695
Amortization expense$22,895$17,250
Connected Devices—Total connected device costs, current and non-current, as of May 2, 2026 and January 31, 2026 were $458.4 million and $440.1 million, respectively. Amounts include deployed long-lived device assets that transfer ownership to the customer at the end of the contract, net of amortization, of $7.7 million and $8.1 million as of May 2, 2026 and January 31, 2026, respectively.
The following table provides the amounts capitalized and amortized for connected device costs for the periods presented (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Capitalized connected device costs$57,716$38,573
Amortization expense$39,470$32,582
Revenue, Accounts Receivable, Deferred Revenue, and Remaining Performance Obligations
Revenue Recognition—Subscription revenue is generated from subscriptions to access the Connected Operations Platform. Subscription agreements contain multiple service elements for one or more of the cloud-based Applications via mobile app(s) or a website that enable data collection and provide access to the cellular network, generally one or more wireless gateways, cameras, sensors and other devices (collectively, “connected devices” or “Internet of Things (“IoT”) devices”), support services that are delivered over the term of the arrangement, and warranty coverage. The Connected Operations Platform and the related connected device access points are highly interdependent and interrelated, and represent a combined performance obligation, which is recognized over the related subscription period.
Other revenue is generally recognized at a point in time and is earned through the sale of replacement gateways, sensors and cameras, as well as related shipping and handling fees, and professional services.
Revenue comprises the following (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Subscription revenue$470,976$359,604
Other revenue7,8687,280
Total revenue$478,844$366,884
Accounts Receivable—An allowance for credit losses of $14.5 million and $14.1 million was recorded as of May 2, 2026 and January 31, 2026, respectively. During the three months ended May 2, 2026, the Company recorded a charge of $2.7 million to operations and wrote off $2.3 million against the allowance. During the three months ended May 3, 2025, the Company recorded a charge of $1.4 million to operations and recovered $0.2 million against the allowance.
Deferred Revenue—The following table provides the deferred revenue balances for the periods presented (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Deferred revenue, beginning of period$809,042$685,770
Deferred revenue, end of period$827,777$706,112
Revenue recognized during the three months ended May 2, 2026 and May 3, 2025 that was included in the deferred revenue balance at the beginning of the respective periods was $398.7 million and $338.8 million, respectively.
Remaining Performance Obligations (“RPO”)—RPO represents the amount of contracted future revenue that has not yet been recognized, including both deferred revenue and non-cancelable contracted amounts that will be invoiced and recognized as revenue in future periods.
As of May 2, 2026, the RPO was $3,988.5 million, of which the Company expects to recognize revenue of approximately $1,730.5 million over the next 12 months, with the remaining balance to be recognized thereafter.
Concentrations of Significant Customers and Credit Risk—No customer accounted for greater than 10% of total revenue for the three months ended May 2, 2026 and May 3, 2025.
No customer accounted for greater than 10% of total accounts receivable as of May 2, 2026 and January 31, 2026.
v3.26.1
Leases
 3 Months Ended
May 02, 2026
Leases [Abstract]  
Leases Leases
The Company leases office space under operating lease agreements that are non-cancelable and have remaining lease terms ranging from one year to approximately five years. The Company is required to pay property taxes, insurance, and normal maintenance costs for certain of these facilities.
Operating lease costs comprises the following (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Operating lease cost$4,057$4,741
Short-term lease cost343353
Sublease income(217)(358)
Total lease cost$4,183$4,736
Supplemental information related to operating leases was as follows (in thousands, except for weighted-average data):
Three Months Ended
May 2, 2026May 3, 2025
Cash paid for operating leases$4,731$6,219
Right-of-use ("ROU") assets obtained under new or modified operating leases$—$6,768
As of
May 2, 2026January 31, 2026
Weighted-average remaining lease term—operating leases (in years)4.34.5
Weighted-average discount rate—operating leases5.52%5.48%
Future minimum lease payments included in the measurement of operating lease liabilities as of May 2, 2026 were as follows (in thousands):
Fiscal Years EndingAmount
Remainder of 2027$11,568
202816,839
202916,406
203015,860
203114,408
2032 and thereafter3,645
Total future minimum lease payments (1)
78,726
Less: imputed interest(9,706)
Total operating lease liabilities$69,020
__________
(1)The contractual commitment amounts under operating leases in the table above are primarily related to facility leases for the corporate office facilities in San Francisco, California, as well as other offices for local operations.
v3.26.1
Commitments and Contingencies
 3 Months Ended
May 02, 2026
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
Purchase Commitments—Purchase commitments primarily consist of contractual arrangements for cellular, cloud hosting, and other subscription services. There were no material contractual obligations that were entered into by the Company during the three months ended May 2, 2026 that were outside of the ordinary course of business.
Letters of Credit—As of May 2, 2026 and January 31, 2026, the Company had $15.8 million in letters of credit primarily issued to landlords for office spaces. These letters of credit renew annually and expire on various dates through 2031.
Litigation—From time to time, the Company has been and may become involved in various legal proceedings in the ordinary course of its business, including in proceedings initiated by the Company, and has been and may be subject to third-party intellectual property infringement claims. Such proceedings require significant financial and operational resources, including the diversion of management’s attention from the Company’s business objectives.
The Company continually evaluates uncertainties associated with litigation and records a charge equal to at least the minimum estimated liability for a loss contingency when both of the following conditions are met: (i) information available prior to issuance of the condensed consolidated financial statements indicates that it is probable that a liability has been incurred at the date of the condensed consolidated financial statements and (ii) the loss or range of loss can be reasonably estimated. If the Company determines that a loss is possible and a range of the loss can be reasonably estimated, the Company will disclose the range of the possible loss. The Company evaluates developments in legal matters that could affect the amount of liability that has been previously accrued, if any, and the matters and related ranges of possible losses disclosed and makes adjustments and changes to the disclosures, as appropriate. Significant judgment is required to determine both likelihood of there being, and the estimated amount of, a loss related to such matters. Until the final resolution of such matters, there may be an exposure to loss, and such amounts could be material. For legal proceedings for which there is a reasonable possibility of loss (meaning those losses for which the likelihood is more than remote but less than probable), the Company has determined there is no material exposure on an aggregate basis. The amounts recorded for losses deemed probable as of May 2, 2026 were also not material.
On February 3, 2026, in the matter of an arbitration of Samsara Inc. v. Motive Technologies, Inc., an award was rendered in favor of Samsara. The claims at issue arise from a complaint filed on January 24, 2024 by the Company and are for, among other things, breach of contract, fraud, unfair competition, and false advertising. As a result of the decision in the arbitration, Samsara recognized a gain of $30.3 million in Interest income and other income, net for the three months ended May 2, 2026, and recorded the related receivable in Prepaid expenses and other current assets as of May 2, 2026. The Company is entitled to the recovery of reasonable attorneys’ fees, costs and other expenses incurred in connection with this arbitration.
Indemnification—In the normal course of business, the Company has agreed and may continue to agree to indemnify third parties with whom it enters into contractual relationships, including customers, lessors, and parties to other transactions with the Company, with respect to certain matters. The Company has agreed, under certain conditions, to hold these third parties harmless against specified losses, such as those arising from a breach of representations or covenants, claims that the Company’s products infringe the intellectual property rights of other parties, or other claims made against certain parties. It is not possible to determine the maximum potential amount of liability under these indemnification obligations due to the Company’s limited history of prior indemnification claims and the unique facts and circumstances that are likely to be involved in each particular claim.
v3.26.1
Equity
 3 Months Ended
May 02, 2026
Equity [Abstract]  
Equity Equity
The Company had reserved shares of common stock for future issuance as of May 2, 2026 and January 31, 2026, as follows:
As of
May 2, 2026January 31, 2026
2015 Equity Incentive Plan:
Options outstanding5,396,9885,406,188
2021 Equity Incentive Plan:
RSUs outstanding21,744,31017,331,045
Shares available for future grants132,558,701109,926,401
2021 Employee Stock Purchase Plan:
Shares available for future issuance31,842,08926,034,934
Total shares of common stock reserved for future issuance191,542,088158,698,568
Employee Compensation Plans
The Company currently has two equity incentive plans, the 2015 Equity Incentive Plan (the “2015 Plan”) and the 2021 Equity Incentive Plan (the “2021 Plan”). The 2015 Plan was terminated in connection with the adoption of the 2021 Plan in December 2021 but continues to govern the terms of outstanding stock options and RSUs that were granted prior to the termination of the 2015 Plan. The Company no longer grants equity awards pursuant to the 2015 Plan.
2021 Equity Incentive Plan—In December 2021, the Board of Directors adopted and stockholders approved the 2021 Plan, which became effective in December 2021 in connection with the Company’s initial public offering (“IPO”). The total number of shares of the Company’s Class A common stock reserved for future grants as of May 2, 2026 includes 29,035,779 shares added on the first day of fiscal year 2027 pursuant to the annual automatic evergreen increase provision of the 2021 Plan.
Options—The stock options activity under the 2015 Plan during the three months ended May 2, 2026 was as follows (the number of options represents shares of common stock exercisable in respect thereof):
Number of SharesWeighted-Average
Exercise Price		Weighted-Average
Remaining
Contractual Term
(in years)
Aggregate Intrinsic Value (1)
(in thousands)
Balance as of January 31, 20265,406,188$5.624.0$121,266
Granted—$—
Exercised(9,200)$1.16
Forfeited, canceled, or expired—$—
Balance as of May 2, 20265,396,988$5.633.7$134,187
Exercisable as of May 2, 20265,396,988$5.633.7$134,187
__________
(1)Aggregate intrinsic value for stock options represents the difference between the exercise price and the per share fair value of the Company’s Class A common stock for each period end presented, multiplied by the number of stock options outstanding or exercisable as of each period end presented.
The intrinsic value of stock options exercised was $0.3 million and $1.1 million during the three months ended May 2, 2026 and May 3, 2025, respectively.
As of May 2, 2026, the Company had no remaining unrecognized stock-based compensation expense related to outstanding stock options.
RSUs—A summary of the RSUs activity under the 2015 Plan and 2021 Plan during the three months ended May 2, 2026 is presented below:
Number of SharesWeighted-Average
Grant-Date
Fair Value
Balance as of January 31, 202617,331,045$31.53
Granted9,078,938$31.96
Vested(3,033,076)$24.62
Forfeited(1,632,597)$32.33
Balance as of May 2, 202621,744,310$32.61
As of May 2, 2026, unrecognized stock-based compensation expense related to outstanding unvested RSUs for employees that are expected to vest was approximately $672.5 million. The remaining unrecognized stock-based compensation expense is expected to be recognized over a weighted-average period of approximately 1.6 years.
2021 Employee Stock Purchase Plan—In December 2021, the Board of Directors adopted and stockholders approved the 2021 Employee Stock Purchase Plan (the “2021 ESPP”), which became effective in December 2021 in connection with the IPO. The total number of shares of the Company’s Class A common stock reserved for future issuance as of May 2, 2026 includes 5,807,155 shares added on the first day of fiscal year 2027 pursuant to the annual automatic evergreen increase provision of the 2021 ESPP.
The price at which Class A common stock is purchased under the 2021 ESPP is equal to 85% of the lower of the fair market value of a share of the Company’s Class A common stock on the enrollment date or on the exercise date. The enrollment date means the first trading day of each offering period, and the exercise date means the last trading day of each purchase period. Offering periods are generally 12 months long, commencing on the first trading day on or after June 11 and December 11 of each year and terminating on the last trading day on or before June 10 and December 10 of each year. Purchase periods are generally six months long, commencing on the first trading day after one exercise date and ending with the next exercise date.
For the three months ended May 2, 2026 and May 3, 2025, there were no shares of Class A common stock purchased under the 2021 ESPP.
As of May 2, 2026, unrecognized stock-based compensation expense related to the 2021 ESPP was approximately $5.4 million. The remaining unrecognized stock-based compensation expense is expected to be recognized over a weighted-average period of approximately 0.6 years.
Stock-Based Compensation Expense—Stock-based compensation expense, by grant type, was as follows (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
RSUs74,25874,062
Employee stock purchase plan3,2133,017
Total stock-based compensation expense$77,471$77,079
Stock-based compensation expense included in the following line items of the Company’s condensed consolidated statements of operations and comprehensive income (loss) was as follows (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Cost of revenue$3,563$3,247
Research and development30,01027,020
Sales and marketing23,17223,548
General and administrative20,72623,264
Total stock-based compensation expense$77,471$77,079
v3.26.1
Income Taxes
 3 Months Ended
May 02, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The Company had an effective tax rate of 9.0% and (7.7%) for the three months ended May 2, 2026 and May 3, 2025, respectively. The Company’s provision for income taxes was $4.4 million and $1.6 million for the three months ended May 2, 2026 and May 3, 2025, respectively. The Company has incurred U.S. pretax losses in prior periods with most of the tax expense resulting from profit in the foreign entities. For the three months ended May 2, 2026, the U.S. incurred pretax income with most of the tax expense resulting from profit in the foreign entities.
The Company computes its tax provision for interim periods by applying the estimated annual effective tax rate to year-to-date pre-tax income from recurring operations and adjusting for discrete tax items arising in that quarter.
As of May 2, 2026 and January 31, 2026, based on all available objective evidence, including the existence of cumulative losses, the Company determined that it was not more likely than not that the net deferred tax assets were fully realizable for U.S. federal and state tax purposes. Accordingly, the Company established a full valuation allowance against its deferred tax assets for U.S. federal and state tax purposes. The Company intends to maintain a full valuation allowance on net deferred tax assets until sufficient positive evidence exists to support reversal of the valuation allowance for U.S. federal and state tax purposes.
The unrecognized tax benefits as of May 2, 2026, if recognized, would not affect the effective income tax rate due to the valuation allowance that currently offsets the deferred tax assets.
During the three months ended May 2, 2026, there were no material changes to the total amount of unrecognized tax benefits and the Company does not expect any significant changes in the next 12 months.
The Company files income tax returns in the U.S. federal jurisdiction and various states and foreign jurisdictions. The statute of limitations is generally open for all fiscal years after fiscal year 2022, during which the Company is subject to examination by U.S. federal, state, and foreign authorities, where applicable.
v3.26.1
Net Income (Loss) Per Share, Basic and Diluted
 3 Months Ended
May 02, 2026
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share, Basic and Diluted Net Income (Loss) Per Share, Basic and Diluted
For purposes of calculating net income (loss) per share, the Company continues to use the two-class method. As Class A, Class B, and Class C common stock have identical liquidation and dividend rights, the undistributed earnings are allocated on a proportionate basis to each class of common stock. As a result, the basic and diluted net income (loss) per share are the same for all classes of Samsara’s common stock, on both an individual and combined basis, and therefore are presented together.
Basic net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period. Diluted net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period, adjusted for the effects of dilutive shares of common stock, which consist of outstanding stock options, RSUs, and ESPP obligations. The potentially dilutive shares of common stock are computed using the treasury stock method. The effects of outstanding stock options, RSUs, and ESPP obligations are excluded from the computation of diluted net income (loss) per share in periods in which the effect would be antidilutive.
The following table presents the calculation of basic and diluted net income (loss) per share (in thousands, except share and per share data):
Three Months Ended
May 2, 2026May 3, 2025
Numerator:
Net income (loss)$44,508$(22,121)
Denominator:
Weighted-average shares used in computing net income (loss) per share, basic581,835,917567,740,728
Weighted-average effect of potentially dilutive securities:
Outstanding stock options4,371,387—
RSUs1,466,522—
Employee stock purchase plan obligations615—
Weighted-average shares used in computing net income (loss) per share, diluted587,674,441567,740,728
Net income (loss) per share, basic and diluted$0.08$(0.04)
The following potentially dilutive securities were excluded from the computation of diluted net income (loss) per share calculations for the periods presented because the impact of including them would have been antidilutive:
Three Months Ended
May 2, 2026May 3, 2025
Outstanding stock options—5,602,651
RSUs21,385,85824,746,777
Employee stock purchase plan obligations1,015,333860,872
Total antidilutive securities22,401,19131,210,300
v3.26.1
Segment Information
 3 Months Ended
May 02, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company has a single operating and reportable segment. The chief operating decision maker (“CODM”) is its Chief Executive Officer, who reviews financial information presented on a consolidated basis.
The CODM makes operating decisions, assesses financial performance, and allocates resources based on consolidated operating income (loss) and consolidated net income (loss) as reported on the condensed consolidated statements of operations and comprehensive income (loss). These financial metrics are used by the CODM to monitor budget versus actual results. The measure of segment assets is reported on the condensed consolidated balance sheets as total assets.
The table below presents selected financial information for the single operating segment (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Revenue$478,844$366,884
Cost of revenue (1) (2)
35,06224,443
Research and development (1)
67,55756,222
Sales and marketing (1) (3)
156,245123,447
General and administrative (1)
32,05245,064
Stock-based compensation expense77,47177,079
Connected device costs40,87633,380
Cloud and cellular costs38,20022,099
Sales commissions24,18618,405
Segment operating income (loss)$7,195$(33,255)
Interest income and other income, net (4)
41,73212,723
Provision for income taxes4,4191,589
Segment net income (loss)$44,508$(22,121)
__________
(1)These segment expenses exclude stock-based compensation expense, which is presented separately.
(2)Cost of revenue also excludes connected device costs and cloud and cellular costs, which are presented separately.
(3)Sales and marketing also excludes sales commissions, which is presented separately.
(4)Includes a legal gain from arbitration award of $30.3 million for the three months ended May 2, 2026, and interest income of $11.9 million and $11.2 million for the three months ended May 2, 2026 and May 3, 2025, respectively.
Refer to the condensed consolidated financial statements for other financial information regarding the Company’s operating segment, including depreciation and amortization expense.
Revenue by Geographic Area
The following table presents revenue disaggregated by geography, based on the location of the Company’s customers (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
United States$406,530$316,992
Other (1)
72,31449,892
Total revenue$478,844$366,884
__________
(1)No individual country other than the United States exceeded 10% of total revenue for any period presented.
Long-Lived Assets, Net, by Geographic Area
The following table presents long-lived assets, net, disaggregated by geography, which consist of property and equipment, net, and operating lease ROU assets (in thousands):
As of
May 2, 2026January 31, 2026
United States$131,836$131,516
Other (1)
9,84710,394
Total long-lived assets, net$141,683$141,910
__________
(1)No individual country other than the United States exceeded 10% of total long-lived assets, net, for any period presented.
v3.26.1
Insider Trading Arrangements
 3 Months Ended
May 02, 2026
shares
Trading Arrangements, by Individual  
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
Adam Eltoukhy [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
Adam Eltoukhy, our Executive Vice President, Chief Administrative Officer and Corporate Secretary, entered into a trading plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The plan provides for the sale of up to 132,824 shares of our Class A common stock (less any shares that may be withheld by us or separately sold by a broker to generate funds to cover the withholding taxes associated with the vesting of his Samsara equity awards). In addition, up to 100% of the net shares of Class A common stock received by Mr. Eltoukhy after taxes in connection with the vesting of any newly granted Samsara equity awards may be sold under the plan. The plan was adopted on March 27, 2026 and will terminate on June 30, 2027, subject to early termination for certain specified events set forth in the plan.
Name Adam Eltoukhy
Title Executive Vice President, Chief Administrative Officer and Corporate Secretary
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 27, 2026
Expiration Date June 30, 2027
Arrangement Duration 460 days
Aggregate Available 132,824
v3.26.1
Summary of Significant Accounting Policies (Policies)
 3 Months Ended
May 02, 2026
Accounting Policies [Abstract]  
Basis of Presentation and Fiscal Year
Basis of Presentation and Fiscal Year—The accompanying unaudited condensed consolidated financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America (“GAAP”) and applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Accordingly, they do not include all disclosures normally required in annual consolidated financial statements prepared in accordance with GAAP. Therefore, these unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2026, which was filed with the SEC on March 16, 2026.
In management’s opinion, these unaudited condensed consolidated financial statements have been prepared on the same basis as the annual financial statements and reflect all adjustments, which include normal recurring adjustments necessary for the fair statement, except as disclosed herein, of the Company’s financial position as of May 2, 2026 and the results of operations for the three months ended May 2, 2026 and May 3, 2025, and cash flows for the three months ended May 2, 2026 and May 3, 2025. The condensed consolidated balance sheet as of January 31, 2026 was derived from the audited consolidated financial statements but does not include all disclosures required by GAAP. The results of operations for the three months ended May 2, 2026 are not necessarily indicative of the results to be expected for the full year or any other future interim or annual period.
The Company’s fiscal year is a 52- or 53-week period ending on the Saturday closest to February 1. Every sixth fiscal year is a 53-week year. Fiscal year 2030 is the Company’s next 53-week fiscal year, with the fourth quarter consisting of 14 weeks. Fiscal year 2027 consists of 52 weeks and fiscal year 2026 consisted of 52 weeks.
Certain prior period balance sheet amounts have been combined into other line items to conform to current period presentation. These reclassifications had no effect on total assets, total liabilities, or stockholders’ equity.
Principles of Consolidation
Principles of Consolidation—The condensed consolidated financial statements include the accounts of Samsara and its wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation.
Use of Estimates
Use of Estimates—The preparation of condensed consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Such management estimates include, but are not limited to, the period of benefit for connected device costs and deferred commissions, collectability of receivables, inventory valuation, capitalization and useful lives of internal-use software costs, timing and amount of legal contingencies, and accounting for income taxes. Actual results could materially differ from the estimates and assumptions made.
Recently Adopted Accounting Pronouncement and Recent Accounting Pronouncements Not Yet Adopted
Recently Adopted Accounting Pronouncement—In July 2025, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2025-05, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets. This standard provides a practical expedient for calculating current expected credit losses for current accounts receivable and current contract assets by assuming that the current conditions as of the balance sheet date will not change for the remaining life of the asset. The Company adopted the ASU 2025-05, effective February 1, 2026, on a prospective basis and elected the practical expedient. The adoption did not have a material impact on the Company’s consolidated financial statements.
Recent Accounting Pronouncements Not Yet Adopted—In November 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. This standard requires disclosure of specified information about certain costs and expenses, including purchases of inventory, employee compensation, depreciation, and amortization. As clarified on the subsequent amendment, ASU No. 2025-01, issued by the FASB in January 2025, this guidance is effective for the Company’s Annual Report on Form 10-K for the fiscal year ending January 29, 2028, and subsequent interim periods. Early adoption is permitted and may be applied either prospectively or retrospectively. The Company is currently evaluating the impact of this ASU on its consolidated financial statements.
In September 2025, the FASB issued ASU No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software, which modernizes the accounting for internal-use software. ASU 2025-06 removes all references to software development stages and requires capitalization of software costs when management has committed to the software project and it is probable the software will be completed and perform its intended use. This guidance is effective for the Company for its fiscal year beginning January 30, 2028, and interim periods within that fiscal year. Early adoption is permitted. The Company is currently evaluating the impact of this ASU on its consolidated financial statements.
In December 2025, the FASB issued ASU No. 2025-11, Interim Reporting (Topic 270): Narrow-Scope Improvements. This standard enhances consistency in interim reporting for all entities by clarifying interim disclosure requirements and the form and content of interim financial statements in accordance with GAAP. This guidance is effective for the Company for its fiscal year beginning January 30, 2028, and interim periods within that fiscal year. Early adoption is permitted and must be applied either prospectively or retrospectively to any or all prior periods presented in the financial statements. The Company is currently evaluating the impact of this ASU on its consolidated financial statements.
Concentrations of Credit Risk
Concentrations of Credit Risk—The Company maintains its investments in marketable debt securities with high-quality financial institutions with investment-grade ratings.
Fair Value Measurements Fair Value Measurements
The Company reports financial assets and liabilities and nonfinancial assets and liabilities that are recognized or disclosed at fair value in the condensed consolidated financial statements on a recurring basis, using a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows:
Level 1—Observable inputs that reflect quoted prices (unadjusted) in active markets for identical assets or liabilities.
Level 2—Observable inputs other than quoted prices in active markets for identical assets or liabilities, quoted prices for identical or similar assets or liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.
Level 3—Inputs that are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability.
The level in the fair value hierarchy within which a fair value measurement in its entirety falls is based on the lowest-level input that is significant to the fair value measurement in its entirety.
Revenue Recognition
Revenue Recognition—Subscription revenue is generated from subscriptions to access the Connected Operations Platform. Subscription agreements contain multiple service elements for one or more of the cloud-based Applications via mobile app(s) or a website that enable data collection and provide access to the cellular network, generally one or more wireless gateways, cameras, sensors and other devices (collectively, “connected devices” or “Internet of Things (“IoT”) devices”), support services that are delivered over the term of the arrangement, and warranty coverage. The Connected Operations Platform and the related connected device access points are highly interdependent and interrelated, and represent a combined performance obligation, which is recognized over the related subscription period.
Other revenue is generally recognized at a point in time and is earned through the sale of replacement gateways, sensors and cameras, as well as related shipping and handling fees, and professional services.
Net Income (Loss) Per Share, Basic and Diluted Net Income (Loss) Per Share, Basic and Diluted
For purposes of calculating net income (loss) per share, the Company continues to use the two-class method. As Class A, Class B, and Class C common stock have identical liquidation and dividend rights, the undistributed earnings are allocated on a proportionate basis to each class of common stock. As a result, the basic and diluted net income (loss) per share are the same for all classes of Samsara’s common stock, on both an individual and combined basis, and therefore are presented together.
Basic net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period. Diluted net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period, adjusted for the effects of dilutive shares of common stock, which consist of outstanding stock options, RSUs, and ESPP obligations. The potentially dilutive shares of common stock are computed using the treasury stock method. The effects of outstanding stock options, RSUs, and ESPP obligations are excluded from the computation of diluted net income (loss) per share in periods in which the effect would be antidilutive.
v3.26.1
Investments (Tables)
 3 Months Ended
May 02, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Debt Securities, Available-for-sale
The following is a summary of available-for-sale marketable debt securities recorded within short-term and long-term investments on the condensed consolidated balance sheets (in thousands):
As of
May 2, 2026
Amortized CostGross Unrealized GainsGross Unrealized LossesEstimated Fair Value
Investments
Commercial paper
$181,518$—$(1)$181,517
Corporate notes and bonds
564,732557(1,235)564,054
U.S. government, agency securities, and municipal securities
317,096163(425)316,834
Total investments$1,063,346$720$(1,661)$1,062,405
As of
January 31, 2026
Amortized CostGross Unrealized GainsGross Unrealized LossesEstimated Fair Value
Investments
Commercial paper
$137,590$—$—$137,590
Corporate notes and bonds
486,1441,849(148)487,845
U.S. government and agency securities
292,236507(52)292,691
Total investments$915,970$2,356$(200)$918,126
Schedule of Fair Values of Available-for-sale Marketable Debt Securities
As of May 2, 2026, the estimated fair values of available-for-sale marketable debt securities, by remaining contractual maturity, are as follows (in thousands):
As of
May 2, 2026
Due within one year$585,333
Due in one year to three years477,072
Total$1,062,405
v3.26.1
Fair Value Measurements (Tables)
 3 Months Ended
May 02, 2026
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on a Recurring Basis
The following tables present the fair value hierarchy for assets measured at fair value on a recurring basis as of the periods presented (in thousands):
As of May 2, 2026
Level 1Level 2Level 3Total
Cash equivalents
Money market funds$72,912$—$—$72,912
Commercial paper—35,030—35,030
U.S. government and agency securities—1,899—1,899
Total cash equivalents$72,912$36,929$—$109,841
Marketable debt securities
Commercial paper
$—$181,517$—$181,517
Corporate notes and bonds
—564,054—564,054
U.S. government, agency securities, and municipal securities
—316,834—316,834
Total marketable debt securities$—$1,062,405$—$1,062,405
As of January 31, 2026
Level 1Level 2Level 3Total
Cash equivalents
Money market funds$158,875$—$—$158,875
Commercial paper—67,606—67,606
U.S. government and agency securities—15,291—15,291
Total cash equivalents$158,875$82,897$—$241,772
Marketable debt securities
Commercial paper
$—$137,590$—$137,590
Corporate notes and bonds
—487,845—487,845
U.S. government and agency securities
—292,691—292,691
Total marketable debt securities$—$918,126$—$918,126
v3.26.1
Costs to Obtain and Fulfill a Contract (Tables)
 3 Months Ended
May 02, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Capitalized Contract Costs
The following table provides the amounts capitalized and amortized for commission costs for the periods presented (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Capitalized commission costs$34,463$23,695
Amortization expense$22,895$17,250
The following table provides the amounts capitalized and amortized for connected device costs for the periods presented (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Capitalized connected device costs$57,716$38,573
Amortization expense$39,470$32,582
v3.26.1
Balance Sheet Components (Tables)
 3 Months Ended
May 02, 2026
Supplemental Balance Sheet Disclosures [Abstract]  
Schedule of Inventory Inventories comprises the following (in thousands):
As of
May 2, 2026January 31, 2026
Raw materials$7,589$7,374
Finished goods44,63940,820
Total inventories$52,228$48,194
Schedule of Property and Equipment, Net Property and equipment, net, comprises the following (in thousands):
As of
May 2, 2026January 31, 2026
Gross property and equipment:
Computers and equipment$24,633$22,644
Leasehold improvements48,98248,960
Furniture and fixtures17,71917,706
Internal-use software costs90,81582,100
Total gross property and equipment182,149171,410
Accumulated depreciation and amortization(97,731)(89,803)
Property and equipment, net$84,418$81,607
Depreciation and amortization of property and equipment was as follows (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Depreciation and amortization expense (1)
$7,928$5,142
__________
(1)Includes amortization of capitalized internal-use software costs of $4.9 million and $3.0 million for the three months ended May 2, 2026 and May 3, 2025, respectively.
v3.26.1
Revenue, Accounts Receivable, Deferred Revenue, and Remaining Performance Obligations (Tables)
 3 Months Ended
May 02, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue
Revenue comprises the following (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Subscription revenue$470,976$359,604
Other revenue7,8687,280
Total revenue$478,844$366,884
Schedule of Deferred Revenue The following table provides the deferred revenue balances for the periods presented (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Deferred revenue, beginning of period$809,042$685,770
Deferred revenue, end of period$827,777$706,112
v3.26.1
Leases (Tables)
 3 Months Ended
May 02, 2026
Leases [Abstract]  
Schedule of Lease Costs
Operating lease costs comprises the following (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Operating lease cost$4,057$4,741
Short-term lease cost343353
Sublease income(217)(358)
Total lease cost$4,183$4,736
Supplemental information related to operating leases was as follows (in thousands, except for weighted-average data):
Three Months Ended
May 2, 2026May 3, 2025
Cash paid for operating leases$4,731$6,219
Right-of-use ("ROU") assets obtained under new or modified operating leases$—$6,768
As of
May 2, 2026January 31, 2026
Weighted-average remaining lease term—operating leases (in years)4.34.5
Weighted-average discount rate—operating leases5.52%5.48%
Schedule of Future Minimum Lease Payments
Future minimum lease payments included in the measurement of operating lease liabilities as of May 2, 2026 were as follows (in thousands):
Fiscal Years EndingAmount
Remainder of 2027$11,568
202816,839
202916,406
203015,860
203114,408
2032 and thereafter3,645
Total future minimum lease payments (1)
78,726
Less: imputed interest(9,706)
Total operating lease liabilities$69,020
__________
(1)The contractual commitment amounts under operating leases in the table above are primarily related to facility leases for the corporate office facilities in San Francisco, California, as well as other offices for local operations.
v3.26.1
Equity (Tables)
 3 Months Ended
May 02, 2026
Equity [Abstract]  
Schedule of Reserved Shares of Common Stock for Future Issuance
The Company had reserved shares of common stock for future issuance as of May 2, 2026 and January 31, 2026, as follows:
As of
May 2, 2026January 31, 2026
2015 Equity Incentive Plan:
Options outstanding5,396,9885,406,188
2021 Equity Incentive Plan:
RSUs outstanding21,744,31017,331,045
Shares available for future grants132,558,701109,926,401
2021 Employee Stock Purchase Plan:
Shares available for future issuance31,842,08926,034,934
Total shares of common stock reserved for future issuance191,542,088158,698,568
Schedule of Stock Options Activity The stock options activity under the 2015 Plan during the three months ended May 2, 2026 was as follows (the number of options represents shares of common stock exercisable in respect thereof):
Number of SharesWeighted-Average
Exercise Price		Weighted-Average
Remaining
Contractual Term
(in years)
Aggregate Intrinsic Value (1)
(in thousands)
Balance as of January 31, 20265,406,188$5.624.0$121,266
Granted—$—
Exercised(9,200)$1.16
Forfeited, canceled, or expired—$—
Balance as of May 2, 20265,396,988$5.633.7$134,187
Exercisable as of May 2, 20265,396,988$5.633.7$134,187
__________
(1)Aggregate intrinsic value for stock options represents the difference between the exercise price and the per share fair value of the Company’s Class A common stock for each period end presented, multiplied by the number of stock options outstanding or exercisable as of each period end presented.
Schedule of RSU Activity A summary of the RSUs activity under the 2015 Plan and 2021 Plan during the three months ended May 2, 2026 is presented below:
Number of SharesWeighted-Average
Grant-Date
Fair Value
Balance as of January 31, 202617,331,045$31.53
Granted9,078,938$31.96
Vested(3,033,076)$24.62
Forfeited(1,632,597)$32.33
Balance as of May 2, 202621,744,310$32.61
Schedule of Stock-Based Compensation Expense Stock-based compensation expense, by grant type, was as follows (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
RSUs74,25874,062
Employee stock purchase plan3,2133,017
Total stock-based compensation expense$77,471$77,079
Stock-based compensation expense included in the following line items of the Company’s condensed consolidated statements of operations and comprehensive income (loss) was as follows (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Cost of revenue$3,563$3,247
Research and development30,01027,020
Sales and marketing23,17223,548
General and administrative20,72623,264
Total stock-based compensation expense$77,471$77,079
v3.26.1
Net Income (Loss) Per Share, Basic and Diluted (Tables)
 3 Months Ended
May 02, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Income (Loss) Per Share
The following table presents the calculation of basic and diluted net income (loss) per share (in thousands, except share and per share data):
Three Months Ended
May 2, 2026May 3, 2025
Numerator:
Net income (loss)$44,508$(22,121)
Denominator:
Weighted-average shares used in computing net income (loss) per share, basic581,835,917567,740,728
Weighted-average effect of potentially dilutive securities:
Outstanding stock options4,371,387—
RSUs1,466,522—
Employee stock purchase plan obligations615—
Weighted-average shares used in computing net income (loss) per share, diluted587,674,441567,740,728
Net income (loss) per share, basic and diluted$0.08$(0.04)
Schedule of Potentially Dilutive Securities Excluded from the Computation of Diluted Net Income (Loss) per Share
The following potentially dilutive securities were excluded from the computation of diluted net income (loss) per share calculations for the periods presented because the impact of including them would have been antidilutive:
Three Months Ended
May 2, 2026May 3, 2025
Outstanding stock options—5,602,651
RSUs21,385,85824,746,777
Employee stock purchase plan obligations1,015,333860,872
Total antidilutive securities22,401,19131,210,300
v3.26.1
Segment Information (Tables)
 3 Months Ended
May 02, 2026
Segment Reporting [Abstract]  
Schedule of Segment Information
The table below presents selected financial information for the single operating segment (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
Revenue$478,844$366,884
Cost of revenue (1) (2)
35,06224,443
Research and development (1)
67,55756,222
Sales and marketing (1) (3)
156,245123,447
General and administrative (1)
32,05245,064
Stock-based compensation expense77,47177,079
Connected device costs40,87633,380
Cloud and cellular costs38,20022,099
Sales commissions24,18618,405
Segment operating income (loss)$7,195$(33,255)
Interest income and other income, net (4)
41,73212,723
Provision for income taxes4,4191,589
Segment net income (loss)$44,508$(22,121)
__________
(1)These segment expenses exclude stock-based compensation expense, which is presented separately.
(2)Cost of revenue also excludes connected device costs and cloud and cellular costs, which are presented separately.
(3)Sales and marketing also excludes sales commissions, which is presented separately.
(4)Includes a legal gain from arbitration award of $30.3 million for the three months ended May 2, 2026, and interest income of $11.9 million and $11.2 million for the three months ended May 2, 2026 and May 3, 2025, respectively.
Schedule of Disaggregation of Revenue
The following table presents revenue disaggregated by geography, based on the location of the Company’s customers (in thousands):
Three Months Ended
May 2, 2026May 3, 2025
United States$406,530$316,992
Other (1)
72,31449,892
Total revenue$478,844$366,884
__________
(1)No individual country other than the United States exceeded 10% of total revenue for any period presented.
Schedule of Long-lived Assets by Geographic Areas
The following table presents long-lived assets, net, disaggregated by geography, which consist of property and equipment, net, and operating lease ROU assets (in thousands):
As of
May 2, 2026January 31, 2026
United States$131,836$131,516
Other (1)
9,84710,394
Total long-lived assets, net$141,683$141,910
__________
(1)No individual country other than the United States exceeded 10% of total long-lived assets, net, for any period presented.
v3.26.1
Investments - Schedule of Available-for-sale Marketable Debt Securities Recorded Within Short-term and Long-term Investments (Details) - USD ($)
$ in Thousands
May 02, 2026
Jan. 31, 2026
Investments    
Amortized Cost $ 1,063,346 $ 915,970
Gross Unrealized Gains 720 2,356
Gross Unrealized Losses (1,661) (200)
Estimated Fair Value 1,062,405 918,126
Commercial paper    
Investments    
Amortized Cost 181,518 137,590
Gross Unrealized Gains 0 0
Gross Unrealized Losses (1) 0
Estimated Fair Value 181,517 137,590
Corporate notes and bonds    
Investments    
Amortized Cost 564,732 486,144
Gross Unrealized Gains 557 1,849
Gross Unrealized Losses (1,235) (148)
Estimated Fair Value 564,054 487,845
U.S. government, agency securities, and municipal securities    
Investments    
Amortized Cost 317,096  
Gross Unrealized Gains 163  
Gross Unrealized Losses (425)  
Estimated Fair Value $ 316,834  
U.S. government and agency securities    
Investments    
Amortized Cost   292,236
Gross Unrealized Gains   507
Gross Unrealized Losses   (52)
Estimated Fair Value   $ 292,691
v3.26.1
Investments - Narrative (Details) - USD ($)
$ in Millions
May 02, 2026
Jan. 31, 2026
Investments, Debt and Equity Securities [Abstract]    
Interest receivable $ 6.9 $ 6.5
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration] Prepaid expenses and other current assets Prepaid expenses and other current assets
v3.26.1
Investments - Schedule of Fair Values of Available-for-sale Marketable Debt Securities (Details) - USD ($)
$ in Thousands
May 02, 2026
Jan. 31, 2026
Investments, Debt and Equity Securities [Abstract]    
Due within one year $ 585,333  
Due in one year to three years 477,072  
Total $ 1,062,405 $ 918,126
v3.26.1
Fair Value Measurements (Details) - USD ($)
$ in Thousands
May 02, 2026
Jan. 31, 2026
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents $ 109,841 $ 241,772
Total marketable debt securities 1,062,405 918,126
Commercial paper    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities 181,517 137,590
Corporate notes and bonds    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities 564,054 487,845
U.S. government, agency securities, and municipal securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities 316,834  
U.S. government and agency securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities   292,691
Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents 72,912 158,875
Total marketable debt securities 0 0
Level 1 | Commercial paper    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities 0 0
Level 1 | Corporate notes and bonds    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities 0 0
Level 1 | U.S. government, agency securities, and municipal securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities 0  
Level 1 | U.S. government and agency securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities   0
Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents 36,929 82,897
Total marketable debt securities 1,062,405 918,126
Level 2 | Commercial paper    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities 181,517 137,590
Level 2 | Corporate notes and bonds    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities 564,054 487,845
Level 2 | U.S. government, agency securities, and municipal securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities 316,834  
Level 2 | U.S. government and agency securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities   292,691
Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents 0 0
Total marketable debt securities 0 0
Level 3 | Commercial paper    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities 0 0
Level 3 | Corporate notes and bonds    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities 0 0
Level 3 | U.S. government, agency securities, and municipal securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities 0  
Level 3 | U.S. government and agency securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total marketable debt securities   0
Money market funds    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents 72,912 158,875
Money market funds | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents 72,912 158,875
Money market funds | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents 0 0
Money market funds | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents 0 0
Commercial paper    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents 35,030 67,606
Commercial paper | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents 0 0
Commercial paper | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents 35,030 67,606
Commercial paper | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents 0 0
U.S. government and agency securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents 1,899 15,291
U.S. government and agency securities | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents 0 0
U.S. government and agency securities | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents 1,899 15,291
U.S. government and agency securities | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash equivalents $ 0 $ 0
v3.26.1
Costs to Obtain and Fulfill a Contract - Narrative (Details) - USD ($)
$ in Millions
May 02, 2026
Jan. 31, 2026
Capitalized Contract Cost [Line Items]    
Deferred commissions $ 273.4 $ 261.9
Connected Device Costs    
Capitalized Contract Cost [Line Items]    
Capitalized contract cost 458.4 440.1
Connected Device Costs, Deployed Long Lived Assets    
Capitalized Contract Cost [Line Items]    
Capitalized contract cost $ 7.7 $ 8.1
v3.26.1
Costs to Obtain and Fulfill a Contract - Schedule of Capitalized and Amortized Commission Costs (Details) - Commission Costs - USD ($)
$ in Thousands
 3 Months Ended
May 02, 2026
May 03, 2025
Capitalized Contract Cost [Line Items]    
Capitalized commission costs $ 34,463 $ 23,695
Amortization expense $ 22,895 $ 17,250
v3.26.1
Costs to Obtain and Fulfill a Contract - Schedule of Capitalized and Amortized Connected Device Costs (Details) - Connected Device Costs - USD ($)
$ in Thousands
 3 Months Ended
May 02, 2026
May 03, 2025
Capitalized Contract Cost [Line Items]    
Capitalized connected device costs $ 57,716 $ 38,573
Amortization expense $ 39,470 $ 32,582
v3.26.1
Balance Sheet Components - Schedule of Inventory (Details) - USD ($)
$ in Thousands
May 02, 2026
Jan. 31, 2026
Supplemental Balance Sheet Disclosures [Abstract]    
Raw materials $ 7,589 $ 7,374
Finished goods 44,639 40,820
Total inventories $ 52,228 $ 48,194
v3.26.1
Balance Sheet Components - Schedule of Property and Equipment, Net (Details) - USD ($)
$ in Thousands
May 02, 2026
Jan. 31, 2026
Property, Plant and Equipment [Line Items]    
Total gross property and equipment $ 182,149 $ 171,410
Accumulated depreciation and amortization (97,731) (89,803)
Property and equipment, net 84,418 81,607
Computers and equipment    
Property, Plant and Equipment [Line Items]    
Total gross property and equipment 24,633 22,644
Leasehold improvements    
Property, Plant and Equipment [Line Items]    
Total gross property and equipment 48,982 48,960
Furniture and fixtures    
Property, Plant and Equipment [Line Items]    
Total gross property and equipment 17,719 17,706
Internal-use software costs    
Property, Plant and Equipment [Line Items]    
Total gross property and equipment $ 90,815 $ 82,100
v3.26.1
Balance Sheet Components - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended
May 02, 2026
May 03, 2025
Internal-use software costs    
Property, Plant and Equipment [Line Items]    
Share-based payment arrangement, amount capitalized $ 2.5 $ 1.9
v3.26.1
Balance Sheet Components - Schedule of Depreciation and Amortization of Property and Equipment (Details) - USD ($)
$ in Thousands
 3 Months Ended
May 02, 2026
May 03, 2025
Supplemental Balance Sheet Disclosures [Abstract]    
Depreciation and amortization expense $ 7,928 $ 5,142
Amortization of capitalized internal-use software development costs $ 4,900 $ 3,000
v3.26.1
Revenue, Accounts Receivable, Deferred Revenue, and Remaining Performance Obligations - Schedule of Revenue (Details) - USD ($)
$ in Thousands
 3 Months Ended
May 02, 2026
May 03, 2025
Disaggregation of Revenue [Line Items]    
Total revenue $ 478,844 $ 366,884
Subscription revenue    
Disaggregation of Revenue [Line Items]    
Total revenue 470,976 359,604
Other revenue    
Disaggregation of Revenue [Line Items]    
Total revenue $ 7,868 $ 7,280
v3.26.1
Revenue, Accounts Receivable, Deferred Revenue, and Remaining Performance Obligations - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended
May 02, 2026
May 03, 2025
Jan. 31, 2026
Disaggregation of Revenue [Line Items]      
Allowance for credit losses $ 14.5   $ 14.1
Credit loss expense 2.7 $ 1.4  
Allowance for doubtful accounts, wrote off 2.3    
Allowance for doubtful accounts, recovered   0.2  
Revenue recognized during period 398.7 $ 338.8  
Remaining performance obligation, amount 3,988.5    
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-05-03      
Disaggregation of Revenue [Line Items]      
Remaining performance obligation, amount $ 1,730.5    
Remaining performance obligation, period 12 months    
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-05-01      
Disaggregation of Revenue [Line Items]      
Remaining performance obligation, period    
v3.26.1
Revenue, Accounts Receivable, Deferred Revenue, and Remaining Performance Obligations - Schedule of Deferred Revenue (Details) - USD ($)
$ in Thousands
May 02, 2026
Jan. 31, 2026
May 03, 2025
Contract with Customer, Liability [Roll Forward]      
Deferred revenue, beginning of period $ 809,042 $ 706,112 $ 685,770
Deferred revenue, end of period $ 827,777 $ 809,042 $ 706,112
v3.26.1
Leases - Narrative (Details)
May 02, 2026
Minimum  
Lessee, Lease, Description [Line Items]  
Operating lease, remaining lease term 1 year
Maximum  
Lessee, Lease, Description [Line Items]  
Operating lease, remaining lease term 5 years
v3.26.1
Leases - Schedule of Operating Lease Expense (Details) - USD ($)
$ in Thousands
 3 Months Ended
May 02, 2026
May 03, 2025
Leases [Abstract]    
Operating lease cost $ 4,057 $ 4,741
Short-term lease cost 343 353
Sublease income (217) (358)
Total lease cost $ 4,183 $ 4,736
v3.26.1
Leases - Schedule of Supplemental Information Related to Operating Leases (Details) - USD ($)
$ in Thousands
 3 Months Ended
May 02, 2026
May 03, 2025
Leases [Abstract]    
Cash paid for operating leases $ 4,731 $ 6,219
Right-of-use ("ROU") assets obtained under new or modified operating leases $ 0 $ 6,768
v3.26.1
Leases - Schedule of Weighted Average Remaining Lease Term and Discount Rate (Details)
May 02, 2026
Jan. 31, 2026
Leases [Abstract]    
Weighted-average remaining lease term—operating leases (in years) 4 years 3 months 18 days 4 years 6 months
Weighted-average discount rate—operating leases 5.52% 5.48%
v3.26.1
Leases - Schedule of Future Minimum Lease Payments (Details)
$ in Thousands
May 02, 2026
USD ($)
Leases [Abstract]  
Remainder of 2027 $ 11,568
2028 16,839
2029 16,406
2030 15,860
2031 14,408
2032 and thereafter 3,645
Total future minimum lease payments 78,726
Less: imputed interest (9,706)
Total operating lease liabilities $ 69,020
v3.26.1
Commitments and Contingencies (Details) - USD ($)
$ in Millions
May 02, 2026
Feb. 03, 2026
Jan. 31, 2026
Commitments and Contingencies Disclosure [Abstract]      
Letters of credit outstanding, amount $ 15.8   $ 15.8
Gain recognized in current period   $ 30.3  
v3.26.1
Equity - Schedule of Reserved Shares of Common Stock for Future Issuance (Details) - shares
May 02, 2026
Jan. 31, 2026
Class of Stock [Line Items]    
Total shares of common stock reserved for future issuance (in shares) 191,542,088 158,698,568
Options outstanding | 2015 Equity Incentive Plan:    
Class of Stock [Line Items]    
Total shares of common stock reserved for future issuance (in shares) 5,396,988 5,406,188
RSUs outstanding | 2021 Equity Incentive Plan:    
Class of Stock [Line Items]    
Total shares of common stock reserved for future issuance (in shares) 21,744,310 17,331,045
Shares available for future grants | 2021 Equity Incentive Plan: | Common Class A    
Class of Stock [Line Items]    
Total shares of common stock reserved for future issuance (in shares) 132,558,701 109,926,401
Shares available for future issuance | 2021 Employee Stock Purchase Plan:    
Class of Stock [Line Items]    
Total shares of common stock reserved for future issuance (in shares) 31,842,089 26,034,934
v3.26.1
Equity - Narrative (Details)
$ in Millions
 3 Months Ended
May 02, 2026
USD ($)
plan
shares
May 03, 2025
USD ($)
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Number of equity incentive plans | plan 2  
Intrinsic value of shares exercised $ 0.3 $ 1.1
Stock options    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Cost not yet recognized, amount 0.0  
RSUs    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Cost not yet recognized, amount $ 672.5  
Cost not yet recognized, period for recognition 1 year 7 months 6 days  
Employee stock purchase plan    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Shares reserved for future issuance, annual evergreen increase (in shares) | shares 5,807,155  
Cost not yet recognized, amount $ 5.4  
Cost not yet recognized, period for recognition 7 months 6 days  
Purchase price of common stock 85.00%  
Offering period 12 months  
Purchase period 6 months  
Common stock purchases (in shares) | shares 0 0
Common Class A | Shares available for future grants    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Shares reserved for future issuance, annual evergreen increase (in shares) | shares 29,035,779  
v3.26.1
Equity - Schedule of Stock Options Activity (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 12 Months Ended
May 02, 2026
Jan. 31, 2026
Number of Shares    
Balance at beginning of period (in shares) 5,406,188  
Granted (in shares) 0  
Exercised (in shares) (9,200)  
Forfeited, canceled, or expired (in shares) 0  
Balance at end of period (in shares) 5,396,988 5,406,188
Exercisable at end of period (in shares) 5,396,988  
Weighted-Average Exercise Price    
Balance at beginning of period (in dollars per share) $ 5.62  
Granted (in dollars per share) 0  
Exercised (in dollars per share) 1.16  
Forfeited, canceled, or expired (in dollars per share) 0  
Balance at end of period (in dollars per share) 5.63 $ 5.62
Exercisable at end of period (in dollars per share) $ 5.63  
Stock Options, Additional Disclosures    
Weighted-average remaining contractual term, outstanding 3 years 8 months 12 days 4 years
Weighted-average remaining contractual term, exercisable 3 years 8 months 12 days  
Aggregate intrinsic value, outstanding $ 134,187 $ 121,266
Aggregate intrinsic value, exercisable $ 134,187  
v3.26.1
Equity - Schedule of RSU Activity (Details) - RSUs
 3 Months Ended
May 02, 2026
$ / shares
shares
Number of Shares  
Balance at beginning of period (in shares) | shares 17,331,045
Granted (in shares) | shares 9,078,938
Vested (in shares) | shares (3,033,076)
Forfeited (in shares) | shares (1,632,597)
Balance at end of period (in shares) | shares 21,744,310
Weighted-Average Grant-Date Fair Value  
Balance at beginning of period (in dollars per share) | $ / shares $ 31.53
Granted (in dollars per share) | $ / shares 31.96
Vested (in dollars per share) | $ / shares 24.62
Forfeited (in dollars per share) | $ / shares 32.33
Balance at end of period (in dollars per share) | $ / shares $ 32.61
v3.26.1
Equity - Schedule of Stock-Based Compensation Expense (Details) - USD ($)
$ in Thousands
 3 Months Ended
May 02, 2026
May 03, 2025
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense $ 77,471 $ 77,079
Cost of revenue    
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense 3,563 3,247
Research and development    
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense 30,010 27,020
Sales and marketing    
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense 23,172 23,548
General and administrative    
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense 20,726 23,264
RSUs    
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense 74,258 74,062
Employee stock purchase plan    
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense $ 3,213 $ 3,017
v3.26.1
Income Taxes (Details) - USD ($)
 3 Months Ended
May 02, 2026
May 03, 2025
Income Tax Disclosure [Abstract]    
Effective tax rate 9.00% (7.70%)
Provision for income taxes $ 4,419,000 $ 1,589,000
Unrecognized tax benefits that would impact effective tax rate 0  
Amount of expected significant change in unrecognized tax benefit $ 0  
v3.26.1
Net Income (Loss) Per Share, Basic and Diluted - Schedule of Basic and Diluted Net Income (Loss) Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended
May 02, 2026
May 03, 2025
Numerator:    
Net income (loss) $ 44,508 $ (22,121)
Net income (loss) $ 44,508 $ (22,121)
Denominator:    
Weighted-average shares used in computing net income (loss) per share, basic (in shares) 581,835,917 567,740,728
Weighted-average shares used in computing net income (loss) per share, diluted (in shares) 587,674,441 567,740,728
Net income (loss) per share, basic (in dollars per share) $ 0.08 $ (0.04)
Net income (loss) per share, diluted (in dollars per share) $ 0.08 $ (0.04)
Outstanding stock options    
Denominator:    
Weighted-average effect of potentially dilutive securities (in shares) 4,371,387 0
RSUs    
Denominator:    
Weighted-average effect of potentially dilutive securities (in shares) 1,466,522 0
Employee stock purchase plan obligations    
Denominator:    
Weighted-average effect of potentially dilutive securities (in shares) 615 0
v3.26.1
Net Income (Loss) Per Share, Basic and Diluted - Schedule of Potentially Dilutive Securities Excluded from the Computation of Diluted Net Income (Loss) per Share (Details) - shares
 3 Months Ended
May 02, 2026
May 03, 2025
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Antidilutive securities (in shares) 22,401,191 31,210,300
Outstanding stock options    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Antidilutive securities (in shares) 0 5,602,651
RSUs    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Antidilutive securities (in shares) 21,385,858 24,746,777
Employee stock purchase plan obligations    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Antidilutive securities (in shares) 1,015,333 860,872
v3.26.1
Segment Information - Narrative (Details)
 3 Months Ended
May 02, 2026
segment
Segment Reporting [Abstract]  
Number of operating segments 1
Number of reportable segments 1
v3.26.1
Segment Information - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
 3 Months Ended
May 02, 2026
May 03, 2025
Feb. 03, 2026
Segment Reporting Information [Line Items]      
Revenue $ 478,844 $ 366,884  
Cost of revenue 117,701 83,169  
Research and development 97,567 83,242  
Sales and marketing 203,603 165,400  
General and administrative 52,778 68,328  
Stock-based compensation expense 77,471 77,079  
Income (loss) from operations 7,195 (33,255)  
Interest income and other income, net 41,732 12,723  
Provision for income taxes 4,419 1,589  
Net income (loss) 44,508 (22,121)  
Gain recognized in current period     $ 30,300
Reportable Segment      
Segment Reporting Information [Line Items]      
Revenue 478,844 366,884  
Cost of revenue 35,062 24,443  
Research and development 67,557 56,222  
Sales and marketing 156,245 123,447  
General and administrative 32,052 45,064  
Stock-based compensation expense 77,471 77,079  
Connected device costs 40,876 33,380  
Cloud and cellular costs 38,200 22,099  
Sales commissions 24,186 18,405  
Income (loss) from operations 7,195 (33,255)  
Interest income and other income, net 41,732 12,723  
Provision for income taxes 4,419 1,589  
Net income (loss) 44,508 (22,121)  
Interest income $ 11,900 $ 11,200  
v3.26.1
Segment Information - Schedule of Disaggregation of Revenue (Details) - USD ($)
$ in Thousands
 3 Months Ended
May 02, 2026
May 03, 2025
Disaggregation of Revenue [Line Items]    
Total revenue $ 478,844 $ 366,884
United States    
Disaggregation of Revenue [Line Items]    
Total revenue 406,530 316,992
Other    
Disaggregation of Revenue [Line Items]    
Total revenue $ 72,314 $ 49,892
v3.26.1
Segment Information - Schedule of Long-lived Assets by Geographic Areas (Details) - USD ($)
$ in Thousands
May 02, 2026
Jan. 31, 2026
Revenues from External Customers and Long-Lived Assets [Line Items]    
Total long-lived assets, net $ 141,683 $ 141,910
United States    
Revenues from External Customers and Long-Lived Assets [Line Items]    
Total long-lived assets, net 131,836 131,516
Other    
Revenues from External Customers and Long-Lived Assets [Line Items]    
Total long-lived assets, net $ 9,847 $ 10,394