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Samsara IOT

Samsara scores good on business quality (6.7 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$41.55Oct 9, 2026
Business qualityGood
Next earningsNot scheduled yet
Insiders, 90 daysQuiet

Why it matters

  1. What Samsara does

    Samsara sells connected operations cloud software and IoT hardware to industrial fleets, charging subscription fees to track vehicles and equipment. Revenue scales as customers add more connected assets to the platform.

  2. What it does best

    Samsara converts physical fleet operations into cloud data with a 76.4% gross margin, beating CRCL's 40.5% margin. Hardware deployment locks enterprise customers into its software ecosystem.

  3. The main risk

    An intrinsic value of $17.70 sits well below the $41.12 share price, leaving zero room for execution errors in maintaining its rapid top-line expansion.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityWeak

Operating margin sits thin at 1.0% with a net margin of 4.9%. Scale brings slight profitability improvements, but high operating expenses keep margins near zero.

MoatFair

Ecosystem lock-in traps enterprise fleets, backed by a gross margin in the top quartile of its sector at 75th percentile.

GrowthFast

Revenue grew 29.6% to reach $1.8 billion, continuing a steady multi-year expansion from $937 million in 2024.

Financial healthStrong

Debt-free balance sheet with $834 million in cash and zero total debt. Free cash flow reached $255 million, showing solid positive generation getting stronger.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

No open market buys or unplanned sales by executives or directors.

Our sealed record on IOT

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is IOT a good business?

Samsara scores good on the Cluenex quality check (6.7 of 10), measured against its own industry. Profitability is weak, moat fair, growth fast and financial health strong.

Are insiders buying IOT?

In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.

When does IOT report earnings?

Not scheduled yet.

For members

See IOT today

  • Today's verdict on IOT, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “Samsara (IOT)”, https://cluenex.com/stocks/iot/, data as of Oct 10, 2026.