Domo, Inc. announced its financial results for the fiscal first quarter ended April 30, 2025, reporting total revenue of $80.111 million, which was essentially flat compared to $80.103 million in Q1 FY25. Subscription revenue saw a slight decrease to $71.389 million, while professional services revenue increased by 9% to $8.722 million.
The company demonstrated significant improvement in profitability metrics, with GAAP net loss narrowing to $18.052 million, or $(0.45) per share, from $26.007 million, or $(0.69) per share, in Q1 FY25. Non-GAAP net loss per share also improved to $(0.09) from $(0.33) in the prior year period.
Domo generated positive net cash from operating activities of $3.951 million, a notable improvement from $1.901 million in Q1 FY25, and achieved positive adjusted free cash flow of $1.286 million. Billings for the quarter were $63.903 million, a decrease from $65.496 million in Q1 FY25.
For the second quarter of fiscal 2026, Domo expects billings between $69 million and $70 million, representing 1% to 2% year-over-year growth. GAAP revenue is projected between $77.5 million and $78.5 million, with a non-GAAP net loss per share between $0.03 and $0.07. The company's full-year FY26 guidance for billings is $312 million to $322 million, and GAAP revenue is $312 million to $320 million, with a non-GAAP net loss per share between $0.18 and $0.26.
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