SambaNova Systems
ConvictionModerate
AI accelerators · full-stack reconfigurable-dataflow inference (chips + systems + SambaCloud + models)
Revenue
Not disclosed. SambaNova is private and discloses no audited revenuea third-party estimate puts ARR near ~$100M (getlatka, low confidence, unverified). Company claims 'record bookings and revenue' for 2025.Rev growth
Not disclosed. Company asserts accelerating demand across financial servicestelecom, energy and sovereign deployments; no quantified growth rate is public.Gross margin
Not disclosedprivate; no audited financials). Hardware-systems + cloud + services mix implies blended margins well below a fabless-IP peer.Op margin
Not disclosedCapex intensity
Not disclosedValuation
~$2.2B implied post-moneySeries E, Feb 2026) — secondary/analyst-implied; the round valuation was NOT officially disclosed (Reuters). Down ~57% from the $5.1B April-2021 peak (Series D, SoftBank Vision Fund 2). BlackRock marked its stake to ~$2.4B (down ~17%).Valuation trail
$2.24B2.5× since Apr 2019
4 marks · Apr 2019–Feb 2026
private — no public price
Priced round
Series C/D/E post-money are press-release or major-press disclosed; Series B ~$883M is a PitchBook aggregator estimate (not company-disclosed). Seed (Nov 2017) and Series A ($56M, Mar 2018) had no disclosed valuation and are omitted. Series E reflects a sharp down-round (~$2.2B, ~43% of the $5.1B 2021 peak) after Intel's reported ~$1.6B acquisition fell through.
The read
Where our coverage leans
Coverage leans bullish
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Full financial intelligence for SambaNova Systems
Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.
- Income statement & margin structure
- SWOT, moats & dependency map
- Supplier–customer ecosystem graph
- Signals, trends & valuation range
Not investment advice — analyst work product for a qualified professional.· intel vintage Q2 2026 (Jun 2026)· sign in (free) for the analyst summary; Pro unlocks full intelligence