Company: IOT
Filing Date: 2025-09-09
Form Type: 10-Q
Source: 0001642896-25-000074
Chunk: 91

Company: Samsara Inc.
Filing Date: 2025-09-09
Form: 10-Q
Item: Part I, Item 8
Chunk 91
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 losses balance of $10.1 million and $9.1 million was recorded as of August 2, 2025 and February 1, 2025, respectively. During the three and six months ended August 2, 2025, the Company recorded a charge of $1.7 million and $3.1 million, respectively, to operations and wrote off $2.4 million and $2.1 million, respectively, against the allowance. During the three and six months ended August 3, 2024, the Company recorded a charge of $1.0 million and $3.2 million, respectively, to operations and wrote off $1.7 million and $3.4 million, respectively, against the allowance.Deferred Revenue—The following table provides the deferred revenue balances and revenue recognized from beginning deferred revenue balances for the periods presented (in thousands): Three Months EndedSix Months EndedAugust 2, 2025August 3, 2024August 2, 2025August 3, 2024Deferred revenue, beginning of period$706,112 $588,017 $685,770 $565,486 Deferred revenue, end of period$740,512 $622,722 $740,512 $622,722 Revenue recognized in the period from beginning deferred revenue balance$344,827 $270,053 $440,914 $331,754 Remaining Performance Obligations (“RPO”)—RPO represents the amount of contracted future revenue that has not yet been recognized, including both deferred revenue and non-cancelable contracted amounts that will be invoiced and recognized as revenue in future periods.As of August 2, 2025, the Company’s RPO was $3,165.5 million, of which the Company expects to recognize revenue of approximately $1,401.8 million over the next 12 months, with the remaining balance to be recognized thereafter.

14

Concentrations of Significant Customers and Credit Risk—No customer accounted for greater than 10% of the Company’s total revenue for the three and six months ended August 2, 2025 and August 3, 2024.There were no customers that individually represented greater than 10% of the Company’s accounts receivable as of August 2, 2025 and February 1, 2025.

8.    Leases

The Company leases office space under operating lease agreements that are non-cancelable and have remaining lease