Domo, Inc. Reports Strong Q3 2026 Financial Results

Domo Inc ( (DOMO) ) has released its Q3 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 for value creation across various industries. In its fiscal third quarter of 2026, Domo reported a total revenue of $79.4 million, with subscription revenue contributing $71.9 million. The company also highlighted a significant increase in subscription Remaining Performance Obligations, reaching $405.9 million, a 15% rise year over year.

Key financial metrics from the quarter include a GAAP net loss of $10.4 million, translating to a loss of $0.25 per share. However, on a non-GAAP basis, Domo achieved a net income of $0.3 million, or $0.01 per share. The company also reported a positive adjusted free cash flow of $2.1 million, marking a 115% increase from the previous year. Operating margins showed improvement, with a non-GAAP operating margin of 7%, up by 4 percentage points year over year.

Domo’s strategic focus on its ecosystem strategy appears to be yielding results, as evidenced by the company’s expectation to be free cash flow positive for the year. The company anticipates the fastest billings growth in over three years in the upcoming quarter, along with improved gross retention rates. Recent accolades from industry analysts further underscore Domo’s leadership in AI and data analytics.

Looking ahead, Domo projects its fourth-quarter revenue to range between $78.0 million and $79.0 million, with a non-GAAP net loss per share expected to be between $0.01 and $0.05. For the full fiscal year 2026, revenue is anticipated to be between $317.5 million and $318.5 million, with a non-GAAP net loss per share ranging from $0.07 to $0.11. These projections reflect Domo’s confidence in its strategic direction and potential for sustainable growth.