Company: IOT
Filing Date: 2025-06-10
Form Type: 10-Q
Source: 0001642896-25-000058
Chunk: 7

Company: Samsara Inc.
Filing Date: 2025-06-10
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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Item 1. Financial Statements (Unaudited)

SAMSARA INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except share data)

(Unaudited)

As ofMay 3, 2025February 1, 2025AssetsCurrent assets:Cash and cash equivalents$259,025 $227,576 Short-term investments439,092 467,222 Accounts receivable, net216,469 234,016 Inventories37,881 38,911 Connected device costs, current123,332 119,323 Prepaid expenses and other current assets57,076 58,106 Total current assets1,132,875 1,145,154 Restricted cash21,861 18,218 Long-term investments325,089 282,652 Property and equipment, net62,148 58,151 Operating lease right-of-use assets67,741 64,864 Connected device costs, non-current244,910 242,928 Deferred commissions215,786 209,341 Other assets, non-current3,207 2,994 Total assets$2,073,617 $2,024,302 Liabilities and stockholders’ equityCurrent liabilities:Accounts payable$22,309 $64,017 Accrued expenses and other current liabilities84,455 74,976 Accrued compensation and benefits43,694 43,443 Deferred revenue, current576,547 563,254 Operating lease liabilities, current14,151 15,656 Total current liabilities741,156 761,346 Deferred revenue, non-current129,565 122,516 Operating lease liabilities, non-current67,948 64,622 Other liabilities, non-current7,374 6,622 Total liabilities946,043 955,106 Commitments and contingencies (Note 9)Stockholders’ equity:Preferred stock, $0.0001 par value—400,000,000 shares authorized as of May 3, 2025 and February 1, 2025; zero shares issued and outstanding as of May 3, 2025 and February 1, 2025— — Class A common stock, $0.0001 par value—4,000,000,000 shares authorized as of May 3, 2025 and February 1, 2025; 299,748,928