Equipment Theft and Loss Costs Large Operations $13.2M Annually — Samsara Inc.

Event summary

Samsara's 2026 State of Connected Operations (SOCO) Asset Theft & Loss Report reveals that large operations lose an average of $13.2M annually due to equipment theft and loss.
72% of operational costs from missing equipment come from small items like tools, sensors, and specialized parts.
98% of organizations without asset tracking experience daily or weekly searches for missing equipment.
Organizations with asset tracking solutions report a 76% reduction in annual operational costs due to missing assets.

The big picture

Samsara's report highlights a significant operational and financial gap between organizations with and without real-time asset visibility. The findings underscore the broader industry trend towards digital transformation in asset management, driven by the need to enhance productivity and reduce hidden costs. The scale of the problem—$13.2M annually for large operations—positions asset tracking as a critical investment for operational efficiency.

What we're watching

Adoption Pace: How quickly large operations will adopt asset tracking solutions to mitigate the $13.2M annual operational drain.
ROI Realization: Whether organizations can sustain the reported 76% reduction in operational costs with continued use of asset tracking technologies.
Insurance Impact: The pace at which insurance premiums will decrease for companies implementing asset tracking solutions.