Short answer
DOMO, INC. (DOMO) filed its Q2 2026 10-Q quarterly report on Jun 15, 2026 for the quarter ended Apr 30, 2026. Quarterly revenue was $79M (down 0.9% year over year) with net income of −$14M.
Q2 2026 key financials · XBRL
- Revenue
- $79M
- −0.9% YoY
- Net income
- −$14M
- +21.5% YoY
- Operating margin
- -13.8%
- Gross margin
- 73.7%
- EPS (diluted)
- −$0.33
- +26.7% YoY
Source: XBRL data from the DOMO, INC. (DOMO) Q2 2026 10-Q on SEC EDGAR. USD.
DOMO, INC. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $79.4M, down 1% YoY from $80.1M; subscription revenue down 2% to $69.8M
- Gross margin 74% vs 74% YoY; subscription margin 80% vs 81%, services margin 26% vs 21%
- Professional services best performer, revenue up 10% to $9.6M; subscription revenue down 2% to $69.8M
- Net loss $14.2M vs $18.1M; operating loss margin (14%) vs (18%) YoY
- Cash $39.1M at April 30, 2026; macro conditions elongating sales cycles and challenging renewals
Risk Factors
- New strategic-transaction risk: advanced negotiations began after the February 2026 board process, with no definitive agreement executed
- Most material update: covenant breach now places $136.6 million debt at risk of acceleration and creates substantial going-concern doubt
- Regulatory risk: evolving cloud-software sales-tax rules could create retroactive liabilities, penalties, and interest
- Operational risk: enterprise sales cycles range from approximately six months to multiple years, delaying customer acquisition and revenue
- Financial risk: only $39.1 million cash versus current debt obligations, with lender forbearance conditioned on deadlines through November 30, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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