Adjustments for Non-Cash Items (USD, thousands)

Stock-Based Compensation (USD, thousands)

Changes in Working Capital (USD, thousands)

Capital Expenditures (CapEx) (USD, thousands)

Proceeds from / Repayments of Debt (USD, thousands)

Share Repurchases (USD, thousands)

Dividend Payments (USD, thousands)

Net Change in Cash (USD, thousands)

44ccb3defa77dbb13ed6d9e57b73b2352aa7a68eb00d8421e5fe6b6a5a9d4a2f

Current Assets (USD, thousands)

Cash and Cash Equivalents (USD, thousands)

Accounts Receivable (USD, thousands)

Inventory (USD, thousands)

Non-Current Assets (USD, thousands)

Property, Plant, and Equipment (PP&E) (USD, thousands)

Goodwill (USD, thousands)

Intangible Assets (USD, thousands)

Current Liabilities (USD, thousands)

Accounts Payable (USD, thousands)

Short-term Debt (USD, thousands)

Accrued Expenses (USD, thousands)

Non-Current Liabilities (USD, thousands)

Long-term Debt (USD, thousands)

Lease Liabilities (USD, thousands)

Deferred Tax Liabilities (USD, thousands)

Shareholders' Equity (USD, thousands)

Retained Earnings (USD, thousands)

Common Stock (USD, thousands)

Additional Paid-in Capital (USD, thousands)

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Total Revenue (USD, thousands)

Cost of Goods Sold (COGS) (USD, thousands)

Selling, General, and Administrative Expenses (SG&A) (USD, thousands)

Research and Development (R&D) (USD, thousands)

Depreciation and Amortization (D&A) (USD, thousands)

Interest Expense (USD, thousands)

Operating Income (EBIT) (USD, thousands)

Net Income (USD, thousands)

Earnings Per Share (EPS) - Basic (USD)

Earnings Per Share (EPS) - Diluted (USD)

1372b0b055e2c6d8188f3fe072a61f7d1a4ee4f76df3d5e8298f0fc84991a71a

The sharp decline in **Cash and Cash Equivalents** in Q4 2024 was driven by a combination of factors. **Net cash used in operating activities** increased significantly to **$(41.9) million** compared to the previous period's **$(4.4) million** due to higher operating losses and changes in working capital. Additionally, a one‑time **$60.0 million legal settlement payment** for lease-related litigation and **capital expenditures** of **$(2.1) million** further contributed to the reduction, despite generating **$16.0 million** in adjusted free cash flow.  **[0001642896-24-000008_samsaraepr-q42024.htm:0]** **[0001642896-24-000008_samsaraepr-q42024.htm:12]** 

What drove the sharp decline in Cash and cash equivalents in Q4 2024?

The significant jump in **Total liabilities** in Q4 2024 is primarily driven by an **increase in deferred revenue** (both current and non-current) and **higher accounts payable**. Deferred revenue increased by **$126,256 thousand** in the current period and by **$12,665 thousand** for non-current, totaling an increase of **$138,921 thousand**, reflecting higher customer prepayments for services yet to be delivered. Additionally, accounts payable grew by **$16,137 thousand**, further contributing to the rise. These factors were only partially offset by a decrease in operating lease liabilities, leading to an overall rise of **$140,709 thousand** in the reported liabilities.  **[0001642896-24-000016_iot-20240203.htm:132]** **[0001642896-24-000016_iot-20240203.htm:132]** 

Why did Total liabilities jump significantly in Q4 2024?

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Net loss (USD, thousands)

Depreciation and amortization (USD, thousands)

Stock-based compensation expense (USD, thousands)

Lease modification, impairment, and related charges (USD, thousands)

Other non-cash charges (USD, thousands)

Connected device costs (USD, thousands)

Net cash used in operating activities (USD, thousands)

Purchase of property and equipment (USD, thousands)

Investing other (USD, thousands)

Net cash used in investing activities (USD, thousands)

Proceeds from issuance of common stock in connection with equity compensation plans (USD, thousands)

Proceeds from early exercise of stock options (USD, thousands)

Repurchase of restricted common stock (USD, thousands)

Payment of offering costs (USD, thousands)

Payment of principal on finance leases (USD, thousands)

Net cash provided by (used in) financing activities (USD, thousands)

Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash (USD, thousands)

Net decrease in cash, cash equivalents, and restricted cash (USD, thousands)

Cash paid for income taxes (USD, thousands)

Vesting of early exercised stock options (USD, thousands)

Accounts receivable, net (USD, thousands)

Inventories (USD, thousands)

Prepaid expenses and other current assets (USD, thousands)

Deferred commissions (USD, thousands)

Other assets, non-current (USD, thousands)

Accounts payable and other liabilities (USD, thousands)

Deferred revenue (USD, thousands)

Operating lease liabilities, net (USD, thousands)

Cash, cash equivalents, and restricted cash, beginning of period (USD, thousands)

Cash, cash equivalents, and restricted cash, end of period (USD, thousands)

Property and equipment accrued but not yet paid (USD, thousands)

Stock option exercises in transit (USD, thousands)

Unpaid offering costs (USD, thousands)

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Revenue (USD, thousands)

Cost of Revenue (USD, thousands)

Gross Profit (USD, thousands)

Research and Development Expense (USD, thousands)

Sales and Marketing Expense (USD, thousands)

General and Administrative Expense (USD, thousands)

Lease Modification, Impairment, and Related Charges (USD, thousands)

Total Operating Expenses (USD, thousands)

Loss from Operations (USD, thousands)

Interest Income and Other Income (Expense), Net (USD, thousands)

Loss Before Provision for Income Taxes (USD, thousands)

Provision for Income Taxes (USD, thousands)

Net Loss (USD, thousands)

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Subscription Revenue

Other Revenue

Total Revenue

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United States

Other

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Cash and cash equivalents (USD, thousands)

Short-term investments (USD, thousands)

Connected device costs, current (USD, thousands)

Total current assets (USD, thousands)

Restricted cash (USD, thousands)

Long-term investments (USD, thousands)

Property and equipment, net (USD, thousands)

Operating lease right-of-use assets (USD, thousands)

Connected device costs, non-current (USD, thousands)

Total assets (USD, thousands)

Accounts payable (USD, thousands)

Accrued expenses and other current liabilities (USD, thousands)

Accrued compensation and benefits (USD, thousands)

Deferred revenue, current (USD, thousands)

Operating lease liabilities, current (USD, thousands)

Total current liabilities (USD, thousands)

Deferred revenue, non-current (USD, thousands)

Operating lease liabilities, non-current (USD, thousands)

Other liabilities, non-current (USD, thousands)

Total liabilities (USD, thousands)

Class A common stock, $ 0.0001 par value (USD, thousands)

Class B common stock, $ 0.0001 par value (USD, thousands)

Class C common stock, $ 0.0001 par value (USD, thousands)

Additional paid-in capital (USD, thousands)

Accumulated other comprehensive income (USD, thousands)

Accumulated deficit (USD, thousands)

Total stockholders’ equity (USD, thousands)

Total liabilities and stockholders’ equity (USD, thousands)

de5380bb86b1581e3684a4eb9d883f9e27203eccd411593d8cf4ef50d3b8a641

Samsara Inc (IOT)

Financials