Company: IOT
Filing Date: 2025-12-09
Form Type: 10-Q
Source: 0001628280-25-056069
Chunk: 96

Company: Samsara Inc.
Filing Date: 2025-12-09
Form: 10-Q
Item: Part I, Item 8
Chunk 96
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 prices from industry-standard independent data providers. Such market prices may be quoted prices in active markets for identical assets (Level 1 inputs) or pricing determined using inputs other than quoted prices that are observable either directly or indirectly (Level 2 inputs), such as yield curves, volatility factors, credit spreads, default rates, loss severity, current market and contractual prices for the underlying instruments or debt, broker and dealer quotes, 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