Samsara Inc.IOT

Samsara Inc. Segments Disclosure

10-KFiled Mar 16, 20263 min read
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. Revenue derived by and the accounting policies of the reportable segment are the same as those described in Note 2, “Summary of Significant Accounting Policies.”
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 consolidated statements of operations and comprehensive loss. These financial metrics are used by the CODM to monitor budget versus actual results. The measure of segment assets is reported on the consolidated balance sheets as total assets.
The table below presents selected financial information for the single operating segment (in thousands):
Fiscal Year Ended
January 31, 2026February 1, 2025February 3, 2024
Revenue$1,618,635$1,249,199$937,385
Cost of revenue (1) (2)
108,90492,73782,651
Research and development (1)
225,367199,470168,828
Sales and marketing (1) (3)
513,122454,734358,511
General and administrative (1)
174,068153,517130,403
Stock-based compensation expense314,983277,870237,082
Connected device costs143,963121,84599,883
Cloud and cellular costs109,67771,61452,541
Sales commissions81,12762,50757,406
Other segment items (4)
—4,87873,427
Segment operating loss$(52,576)$(189,973)$(323,347)
Interest income and other income, net (5)
53,48239,55939,964
Provision for income taxes10,0234,4933,343
Segment net loss$(9,117)$(154,907)$(286,726)
__________
(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)Other segment items consist of legal settlement and lease modification, impairment, and related charges.
(5)Includes interest income of $45.7 million, $42.3 million, and $40.1 million for the fiscal years ended January 31, 2026, February 1, 2025, and February 3, 2024, respectively.
Refer to the 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):
Fiscal Year Ended
January 31, 2026February 1, 2025February 3, 2024
United States$1,385,507$1,082,481$821,885
Other (1)
233,128166,718115,500
Total revenue$1,618,635$1,249,199$937,385
__________
(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
January 31, 2026February 1, 2025
United States$131,516$118,808
Other (1)
10,3944,207
Total long-lived assets, net$141,910$123,015
__________
(1)No individual country other than the United States exceeded 10% of total long-lived assets, net, for any period presented.

Historical Timeline

Fiscal YearFiled
2026Mar 16, 2026Showing above
2025Mar 25, 2025
2024Mar 26, 2024
2023Mar 21, 2023

About Segments Disclosures

Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.

Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.

Other Available Disclosures

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