Company: IOT
Filing Date: 2025-12-09
Form Type: 10-Q
Source: 0001628280-25-056069
Chunk: 52

Company: Samsara Inc.
Filing Date: 2025-12-09
Form: 10-Q
Item: Part I, Item 1
Chunk 52
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 as well as other relevant economic measures.There were no transfers between Level 1 or Level 2, or transfers in or out of Level 3, of the fair value hierarchy during the nine months ended November 1, 2025 and November 2, 2024.

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5.    Costs to Obtain and Fulfill a Contract

Deferred Commissions—Total deferred commissions as of November 1, 2025 and February 1, 2025 were $239.0 million and $209.3 million, respectively.The following table provides the amounts capitalized and amortized for commission costs for the periods presented (in thousands):Three Months EndedNine Months EndedNovember 1, 2025November 2, 2024November 1, 2025November 2, 2024Capitalized commission costs$32,284 $22,326 $84,795 $60,015 Amortization expense$19,500 $14,757 $55,137 $41,564 Connected Devices—Total connected device costs, current and non-current, as of November 1, 2025 and February 1, 2025 were $393.6 million and $362.3 million, respectively.The following table provides the amounts capitalized and amortized for connected device costs for the periods presented (in thousands):Three Months EndedNine Months EndedNovember 1, 2025November 2, 2024November 1, 2025November 2, 2024Capitalized connected device costs$54,269 $34,072 $133,324 $101,441 Amortization expense$35,267 $29,831 $101,990 $86,313 

6.    Balance Sheet Components

Inventories—Inventories consist of the following (in thousands):As ofNovember 1, 2025February 1, 2025Raw materials$7,546 $8,452 Finished goods47,409 30,459 Total inventories$54,955 $38,911 Property and Equipment, Net—Property and equipment, net, comprises the following (in thousands):As of November 1, 2025February 1, 2025Gross property and equipment:Computers and equipment$20,670 $6,579 Leasehold improvements48,694 48,551 Furniture and fixtures17,672