Company: IOT
Filing Date: 2025-09-09
Form Type: 10-Q
Source: 0001642896-25-000074
Chunk: 92

Company: Samsara Inc.
Filing Date: 2025-09-09
Form: 10-Q
Item: Part I, Item 8
Chunk 92
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 terms ranging from one year to approximately six years. The Company is required to pay property taxes, insurance, and normal maintenance costs for certain of these facilities.The components of operating lease expense were as follows (in thousands):Three Months EndedSix Months EndedAugust 2, 2025August 3, 2024August 2, 2025August 3, 2024Operating lease cost$4,672 $5,700 $9,413 $11,397 Short-term lease cost357 182 710 389 Sublease income(358)(345)(716)(690)Total lease cost$4,671 $5,537 $9,407 $11,096 Supplemental information related to operating leases was as follows (in thousands, except for weighted-average data):Three Months EndedSix Months EndedAugust 2, 2025August 3, 2024August 2, 2025August 3, 2024Cash paid for operating leases$6,412 $7,021 $12,631 $13,933 Operating lease right-of-use (“ROU”) assets obtained under operating leases$— $— $6,768 $— As ofAugust 2, 2025February 1, 2025Weighted-average remaining lease term—operating leases (in years)5.25.5Weighted-average discount rate—operating leases5.36%5.02%Future minimum lease payments included in the measurement of operating lease liabilities as of August 2, 2025 were as follows (in thousands):Fiscal Years EndingAmountRemainder of 2026$7,642 202717,487 202816,034 202915,744 203015,223 2031 and thereafter17,222 Total future minimum lease payments (1)89,352 Less: imputed interest(12,174)Total operating lease liabilities$77,178 __________(1)The contractual commitment amounts under operating leases in the table above are primarily related to facility leases for the corporate office facilities in San Francisco, California, as well as other offices for local operations.Fiscal year 2026 lease modificationIn March 2025, the Company amended the lease for certain office space, which resulted in additional operating lease liabilities arising from obtaining ROU assets of $6.8 million.

15

Finance leasesIn addition to its operating leases, the Company has non-cancelable