Domo, Inc. (DOMO) Earnings Call Transcripts
Domo, Inc.'s Latest Earnings Call - Q1 FY2027
Domo, Inc. reported Q1 FY2027 results with total revenue of $79.4 million, a slight decline in subscription revenue by 2% year-over-year to $69.8 million due to variability in overage-related revenue recognition. Professional services revenue increased to $9.6 million. Notably, the company is in advanced negotiations for a strategic transaction, which could significantly impact the stock. Gross retention improved to 86.7%, and net retention rose to 95.5%, indicating strong customer loyalty. The company did not provide financial guidance due to ongoing strategic discussions.
Reported metrics
| Metric | Value |
|---|---|
| Total Revenue | $79.4 million (inline) |
| Subscription Revenue | $69.8 million (miss) |
| Professional Services Revenue | $9.6 million (beat) |
| Gross Retention | 86.7% (positive) |
| Net Retention Rate (NRR) | 95.5% (positive) |
| Cash Balance | $39.1 million (neutral) |
Guidance from management
No financial guidance was provided due to the advanced stage of strategic discussions. Management indicated that additional information will be shared as the process advances.
What analysts pressed on
Analysts are likely concerned about the debt classification and the lack of financial guidance. The strategic transaction's uncertainty and its potential impact on financial stability could also be a point of concern.
Main topics on the call
- Strategic Transaction — Domo announced it is in advanced negotiations regarding a potential strategic transaction, which the board believes represents the best path forward. This follows a comprehensive review of strategic alternatives aimed at...
- AI Integration — Domo highlighted its progress in integrating AI into its platform, with examples of successful deployments across various industries. Management emphasized that 'AI is no longer a separate work stream from data' and is c...
- Revenue Performance — Total revenue was $79.4 million, with subscription revenue at $69.8 million, down 2% year-over-year. Professional services revenue increased to $9.6 million, reflecting increased deployment activity.
- Retention Metrics — Gross retention improved to 86.7%, up 240 basis points year-over-year, and net retention rose to 95.5%, up 150 basis points year-over-year. The cohort of customers on consumption-based pricing showed even stronger retent...
Read the full Domo, Inc. transcript (Q1 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Domo, Inc.
Domo, Inc. (DOMO) is a publicly listed company in the Software industry, within the Information Technology sector. It trades on NasdaqGM and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 40 calls on record spanning March 4, 2020 to June 15, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 40 Domo, Inc. earnings call transcripts on record, spanning March 4, 2020 to June 15, 2026. Based on this history, Domo, Inc. reports quarterly. The most recent call on file is dated June 15, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- DOMO
- Exchange
- NasdaqGM
- Country
- US
- Sector
- Information Technology
- Industry
- Software
- Calls on record
- 40
- First call
- March 4, 2020
- Most recent
- June 15, 2026
- Reporting cadence
- quarterly