Samsara's 2026 State of Connected Operations Asset Theft & Loss Report reveals that mid-size organizations without asset tracking lose an average of $18 million annually from equipment theft and loss. The study, based on a survey of 1,500 financial executives across seven countries, found that 72% of these operational costs come from missing assets valued under $14,000, such as tools, sensors, and specialized parts, rather than heavy machinery. Operations without tracking are 70% more likely to face a seven-figure hit, with 71% experiencing theft every quarter and 25% of new equipment budgets going to replace stolen or lost items. The report also highlights that 98% of organizations search for assets daily or weekly, and 82% of Canadian operations suffered a significant shutdown or delay in the past year due to a missing critical asset. Companies that implemented asset tracking reported a direct reduction in project shutdowns and delays, with 35% of Canadian organizations lowering their insurance premiums as a result.
Samsara IncReport highlights severe financial losses from equipment theft, promoting adoption of Samsara's asset tracking solutions.