Domo Inc. Reports Strong Q1 Fiscal 2026 Results

Domo Inc ( (DOMO) ) has released its Q1 earnings. Here is a breakdown of the information Domo Inc presented to its investors.

Domo Inc., a company specializing in AI and data products, provides solutions for businesses to leverage data and AI across various sectors. The company recently reported its financial results for the first quarter of fiscal 2026, highlighting a total revenue of $80.1 million and a subscription revenue of $71.4 million. Notably, the subscription remaining performance obligations increased by 24% year over year, indicating strong future commitments.

Key financial metrics revealed a net cash increase from operating activities by 108% year over year, reaching $4.0 million, and an adjusted free cash flow of $1.3 million, marking a 159% increase. Despite a GAAP net loss of $18.1 million, the non-GAAP net loss was significantly lower at $3.6 million, showcasing improved operational efficiency. The company also achieved a positive non-GAAP operating margin of 1%, an improvement of 10 percentage points from the previous year.

Domo’s strategic advancements were recognized as it topped several market reports and was featured in the 2025 Big Data 100 list. These accolades underscore Domo’s commitment to innovation and customer value, reinforcing its leadership in the data and AI industry.

Looking ahead, Domo’s management remains optimistic about achieving sustainable growth, with revenue projections for the second quarter of fiscal 2026 ranging between $77.5 million and $78.5 million. For the full fiscal year, the company anticipates revenue between $312.0 million and $320.0 million, reflecting a positive outlook for continued expansion and profitability.