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

Company: Samsara Inc.
Filing Date: 2025-06-10
Form: 10-Q
Item: Part I, Item 1
Chunk 10
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 Stock-based compensation expense— — 65,808 — — 65,808 Other comprehensive loss— — — (1,587)— (1,587)Net loss— — — — (56,289)(56,289)Balance at May 4, 2024550,805,158 $33 $2,435,213 $29 $(1,511,387)$923,888 

See accompanying notes to condensed consolidated financial statements.

6

Table of Contents

SAMSARA INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(Unaudited)

Three Months EndedMay 3, 2025May 4, 2024Operating activitiesNet loss$(22,121)$(56,289)Adjustments to reconcile net loss to net cash provided by operating activities:Depreciation and amortization5,142 4,455 Stock-based compensation expense77,079 64,656 Net accretion of discounts on investments(2,582)(3,993)Other non-cash adjustments(348)1,330 Changes in operating assets and liabilities:Accounts receivable, net15,902 15,862 Inventories1,114 (8,272)Prepaid expenses and other current assets1,040 3,932 Connected device costs(5,960)(6,059)Deferred commissions(6,435)(5,117)Other assets, non-current(13)315 Accounts payable and other liabilities(31,236)(9,664)Deferred revenue20,610 22,531 Operating lease right-of-use assets and liabilities, net420 (17)Net cash provided by operating activities52,612 23,670 Investing activitiesPurchases of property and equipment(6,920)(5,062)Purchases of investments(173,141)(142,313)Proceeds from maturities and redemptions of investments161,972 150,426 Other investing activities(200)— Net cash provided by (used in) investing activities(18,289)3,051 Financing activitiesProceeds from issuance of common stock in connection with equity compensation plans22 808 Payment of principal on finance leases(378)(496)Net cash provided by (used in) financing activities(356)312 Effect of foreign exchange rate changes on cash, cash equivalents, and restricted