{"id":955996,"date":"2026-04-29T09:03:12","date_gmt":"2026-04-29T13:03:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/samsara-study-reveals-equipment-theft-and-loss-costs-large-operations-an-average-of-13-2m-annually\/"},"modified":"2026-04-29T09:03:12","modified_gmt":"2026-04-29T13:03:12","slug":"samsara-study-reveals-equipment-theft-and-loss-costs-large-operations-an-average-of-13-2m-annually","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/samsara-study-reveals-equipment-theft-and-loss-costs-large-operations-an-average-of-13-2m-annually\/","title":{"rendered":"Samsara Study Reveals Equipment Theft and Loss Costs Large Operations an Average of $13.2M Annually"},"content":{"rendered":"

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\nSamsara Study Reveals Equipment Theft and Loss Costs Large Operations an Average of $13.2M Annually<\/p>\n

New research finds 72% of equipment losses come from small gear, not heavy machinery \u2014 and untracked operations are 70% more likely to absorb a seven-figure hit<\/i><\/p>\n

SAN FRANCISCO–(BUSINESS WIRE<\/a>)–
\nSamsara (NYSE: IOT), the pioneer of the Connected Operations\u00ae Platform, today released its 2026 State of Connected Operations (SOCO) Asset Theft & Loss Report, Quantifying the Hidden Cost of Asset Invisibility<\/i>. The report finds that equipment theft and loss is not just a replacement-cost problem \u2014 it’s a $13.2M annual operational drain for large organizations without asset tracking.<\/p>\n

\nThe bigger surprise is what types of assets are driving the losses. While heavy machinery theft makes headlines, 72% of those operational costs come from disappearing small equipment: tools, sensors, generators, and specialized parts that operations depend on daily.<\/p>\n

\nThe proprietary study, based on insights from 1,500 financial executives across construction, logistics, field services, and utilities in the United States, Mexico, the United Kingdom, Ireland, France, Germany, and Canada, puts a precise number on a problem the industry has long felt but never been able to quantify. Despite 71% of large operations experiencing equipment theft every quarter, and 25% of new equipment budgets going to replace what’s been stolen or lost, the hidden damage runs far deeper: project shutdowns, emergency rentals, idle labor, and contract penalties compound the direct loss into millions in operational costs.<\/p>\n

\n“Before deploying Samsara, a single missing piece of equipment could delay a job, idle a crew, and force emergency procurement\u2014all without ever knowing where the asset actually was,\u201d said John Chaccour,Director of Technology at Total Safety. \u201cWith real-time asset visibility, we expect a 100% reduction in unreturned assets, 90% reduction in days outstanding, and our teams spending time on safety and customer service instead of searching for tools. All told, this could add up to millions in recovered operational costs.”<\/p>\n

Key findings include:<\/b><\/p>\n

Equipment theft is a quarterly reality, not a rare event<\/b><\/p>\n