Samsara reports Q1 FY23 revenue of $142.6M, up 63% YoY; ARR surpasses $600M

Samsara Inc.

2023-Q1 EPS reported -$0.14 revenue$142,645,000

Q1 revenue $142.6M, +63% YoY; ending ARR $607.2M, +59% YoY.
897 customers with ARR over $100K, up 73% YoY.
GAAP operating loss $70.2M vs $38.6M YoY; non-GAAP operating loss narrowed to $25.5M.
Non-GAAP net loss per share $0.05 vs $0.15 YoY; adjusted free cash flow margin improved to -36% from -46%.
CEO cites robust demand for Connected Operations Cloud as companies seek digital transformation.

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