Samsara Q1 results beat expectations, driven primarily by accelerated growth from large customers and continued ramp-up of new products.

Ending ARR reached $2 billion (+30%), revenue $479 million (+31%), and $100k+ customer ARR $1.2 billion (+37%).

Large customer expansion was strong, with Hertz signing the largest software-only maintenance contract; new products contributed 20%+ of net new ACV for the second consecutive quarter, and international mix hit a record high (18%).

Full-year revenue guidance raised to $2.005–$2.013B (+24%), and non-GAAP operating margin raised to 20%.

Management expressed increased confidence in the large deal pipeline, but flagged timing volatility in the second half; supply (DRAM/NAND) is tight but manageable.