Company: IOT
Filing Date: 2025-12-09
Form Type: 10-Q
Source: 0001628280-25-056069
Chunk: 40

Company: Samsara Inc.
Filing Date: 2025-12-09
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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Item 1. Financial Statements (Unaudited)

SAMSARA INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except share data)

(Unaudited)

As ofNovember 1, 2025February 1, 2025AssetsCurrent assets:Cash and cash equivalents$275,111 $227,576 Short-term investments486,725 467,222 Accounts receivable, net256,676 234,016 Inventories54,955 38,911 Connected device costs, current132,037 119,323 Prepaid expenses and other current assets52,475 58,106 Total current assets1,257,979 1,145,154 Restricted cash21,269 18,218 Long-term investments385,332 282,652 Property and equipment, net77,894 58,151 Operating lease right-of-use assets62,821 64,864 Connected device costs, non-current261,548 242,928 Deferred commissions238,999 209,341 Other assets7,852 2,994 Total assets$2,313,694 $2,024,302 Liabilities and stockholders’ equityCurrent liabilities:Accounts payable$19,768 $64,017 Accrued expenses and other current liabilities94,643 74,976 Accrued compensation and benefits58,307 43,443 Deferred revenue, current620,853 563,254 Operating lease liabilities, current12,822 15,656 Total current liabilities806,393 761,346 Deferred revenue, non-current133,855 122,516 Operating lease liabilities, non-current62,815 64,622 Other liabilities7,276 6,622 Total liabilities1,010,339 955,106 Commitments and contingencies (Note 9)Stockholders’ equity:Preferred stock, $0.0001 par value—400,000,000 shares authorized as of November 1, 2025 and February 1, 2025; zero shares issued and outstanding as of November 1, 2025 and February 1, 2025— — Class A common stock, $0.0001 par value—4,000,000,000 shares authorized as of November 1, 2025 and February 1, 2025; 358,191,765 and 295,