Company: IOT
Filing Date: 2025-09-09
Form Type: 10-Q
Source: 0001642896-25-000074
Chunk: 48

Company: Samsara Inc.
Filing Date: 2025-09-09
Form: 10-Q
Item: Part I, Item 1
Chunk 48
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 thousands):As ofAugust 2, 2025February 1, 2025Raw materials$7,269 $8,452 Finished goods40,307 30,459 Total inventories$47,576 $38,911 Property and Equipment, Net—Property and equipment, net, comprises the following (in thousands):As of August 2, 2025February 1, 2025Gross property and equipment:Computers and equipment$14,794 $6,579 Leasehold improvements48,498 48,551 Furniture and fixtures17,625 17,464 Internal-use software costs (1)65,834 51,410 Total gross property and equipment146,751 124,004 Accumulated depreciation and amortization (2)(76,313)(65,853)Property and equipment, net (2)$70,438 $58,151 __________(1)$14.4 million has been capitalized since February 1, 2025.(2)The Company wrote off $4.0 million of fully depreciated assets as they were no longer in use during the fiscal year ended February 1, 2025.The Company’s internal-use software costs included $2.3 million and $4.1 million of capitalized stock-based compensation expense for the three and six months ended August 2, 2025, respectively, and $1.1 million and $2.3 million of capitalized stock-based compensation expense for the three and six months ended August 3, 2024, respectively.

13

Depreciation and amortization of property and equipment included on the Company’s condensed consolidated statements of operations and comprehensive loss was as follows (in thousands):Three Months EndedSix Months EndedAugust 2, 2025August 3, 2024August 2, 2025August 3, 2024Depreciation and amortization expense (1)$5,399 $4,633 $10,541 $9,088 __________(1)Included in these amounts were the amortization of capitalized internal-use software costs of $3.3 million and $6.3 million for the three and six months ended August 2, 2025, respectively, and $2.1 million and $4.0 million for the three and six months ended August 3, 2024, respectively.

7.    Revenue, Accounts Receivable, Deferred Revenue, and