Elastic vs Samsara
Elastic and Samsara are similar in size: $1.74bn and $1.62bn of revenue in their latest fiscal years. Samsara grew faster (29.6% against 17.3%). Elastic kept more of each dollar of sales as profit: a net margin of 21.1% against -0.6%.
| Latest fiscal year | ElasticESTC, 2026 | SamsaraIOT, 2026 |
|---|---|---|
| Revenue | $1.74bn | $1.62bn |
| Revenue growth | 17.3% | 29.6% |
| Net income | $368m | −$9.1m |
| Operating margin | -1.9% | -3.2% |
| Net margin | 21.1% | -0.6% |
| Return on equity | 33.4% | -0.7% |
| Free cash flow | $322m | $207m |
| Cash | $769m | $319m |
| Total debt | $575m | — |
| Debt to equity | 45.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $340m | — |
| Employees | 4,019 | 4,100 |
| Market value | $9.59bn | $24.34bn |
| Price vs our value range | Above our value range | — |
| Moat score | 40 (Weak) | 27 (Weak) |
| Insider trades, 12 months | 3 buys, 63 sales | 0 buys, 463 sales |