Domo Inc ( (DOMO) ) has released its Q2 earnings. Here is a breakdown of the information Domo Inc presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Domo Inc. is a company that operates in the AI and Data Products sector, providing a platform to help businesses leverage data and AI for value creation. In its fiscal second quarter of 2026, Domo reported total revenue of $79.7 million, with subscription revenue contributing $72.7 million. The company achieved a positive non-GAAP net income of $0.9 million, marking its first-ever positive non-GAAP EPS, and a non-GAAP operating margin of 8%. Domo’s subscription remaining performance obligations increased by 19% year over year to $409.8 million, indicating strong future revenue potential. The company also reported a significant improvement in cash flow, with net cash provided by operating activities increasing by 155% year over year. Looking forward, Domo expects its third-quarter revenue to range between $78.5 million and $79.5 million, with a non-GAAP net loss per share between $0.03 and $0.07. For the full fiscal year 2026, revenue is projected to be between $316 million and $320 million. Domo’s management remains optimistic about the company’s growth prospects, driven by ongoing AI innovation and an expanding partner ecosystem.