DOMOMEDIUM SIGNALFINANCIAL10-K

DOMO substantially reduced operating losses while pivoting its strategic messaging toward AI and data products capabilities.

The company's improved profitability trajectory, with operating losses narrowing meaningfully alongside reduced R&D spending, suggests management is balancing growth investments with path-to-profitability objectives. The strategic pivot toward emphasizing AI capabilities and data products positions DOMO to capitalize on current market trends, though execution will be critical.

Comparing 2026-04-16 vs 2025-04-04View on EDGAR →
FINANCIAL ANALYSIS

DOMO demonstrated meaningful progress toward profitability with operating losses improving substantially from $59.3M to $39.1M, while net losses also narrowed considerably. The company reduced R&D expenses by 12.2% to $77.2M, indicating disciplined cost management, while accounts receivable grew 19.4% suggesting stronger billing activity. Overall, the financial picture reflects a company making deliberate moves toward profitability while maintaining growth investments.

FINANCIAL STATEMENT CHANGES
Operating Income
P&L
+34%
-$59.3M-$39.1M

Operating leverage kicking in — revenue growth outpacing cost growth, a hallmark of scaling businesses.

Net Income
P&L
+27.6%
-$81.9M-$59.3M

Net income grew 27.6% — bottom-line growth signals improving overall business health.

Accounts Receivable
Balance Sheet
+19.4%
$71.5M$85.5M

Receivables grew 19.4% — monitor days sales outstanding for collection efficiency.

R&D Expense
P&L
-12.2%
$87.9M$77.2M

R&D spending cut 12.2% — could signal cost discipline or concerning reduction in innovation investment.

LANGUAGE CHANGES
NEW — 2026-04-16
PRIOR — 2025-04-04
ADDED
As of April 14, 2026, there were approximately 3,263,659 shares of the registrant's Class A common stock and 41,882,739 shares of the registrant's Class B common stock outstanding.
Our cloud-based AI and data products platform enables processes that are critically dependent on business data, which historically could take weeks or months, to be done on-the-fly, in as fast as minutes or seconds, at scale.
From marketing to operations, HR to finance, IT to product development, supply chain to sales, Domo s platform is designed to change the way organizations are managed and empower our customers to build data products, including through leveraging AI technologies, that generate measurable value for the business.
Artificial intelligence and machine learning capabilities can be applied to customer data to generate insights, trigger alerts, and support recommended actions based on predefined business rules and user configurations.
These capabilities are designed to operate within customer-defined governance controls and permissions, enabling users to review, approve, and execute actions, including writing data back to systems of record where authorized.
Because Domo can digitally connect an organization and empower employees to engage with data in a governed way, we believe our market potential is broad.
In many ways, building Domo was like building multiple complementary technologies in one platform to address common gaps in data strategy, connecting and transforming data, analyzing and visualizing it, automating actions, and building applications that extend data to teams, partners, and customers.
As a result, our platform is able to support a broad range of capabilities, including data integration, transformation, analysis, visualization, automation, and application development, within a single cloud-based environment.
These capabilities are designed to complement customers existing technology infrastructure and enable organizations to operationalize data across teams, partners, and external stakeholders.
These capabilities often require multiple, separate vendors, but Domo combines them within a single cloud-based environment designed to complement customers existing technology infrastructure.
REMOVED
As of April 2, 2025, there were approximately 3,263,659 shares of the registrant's Class A common stock and 36,675,927 shares of the registrant's Class B common stock outstanding.
Our cloud-based platform is a modern AI and data products platform that enables processes that are critically dependent on business intelligence data which historically could take weeks, months or longer to be done on-the-fly, in as fast as minutes or seconds, at scale.
From marketing to operations, HR to finance, IT to product development, supply chain to sales, Domo's platform is designed to change the way organizations are managed and empower our customers to deploy AI and build data products that generate measurable value for the business.
Artificial intelligence algorithms and machine learning can be applied to the data that allow alerts to be triggered and actions invited.
Users can receive these notifications on any device and immediately act on the invitation, after which the system can write back to the original system of record.
Because Domo can digitally connect any organization and empower each of its employees, we believe our market potential is every working person with a mobile device.
Because we leverage the power of the cloud, our platform can process extremely large volumes of quantitative and qualitative data while maintaining high performance levels.
On a typical business day, our customers in the aggregate typically query several hundred trillion rows from uncached queries.
Even with this volume of data, we maintain a subsecond average query response time.
In many ways, building Domo was like building seven start-ups in one to solve gaps in data strategy, which include the typical functions of connecting and transforming data, visualizing and analyzing it, and building apps and extending that data to teams, entire organizations, partners and customers.
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