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Apr 30, 2024

Domo Q1 2025 Earnings Report

Domo's Q1 2025 financial results were announced, revealing a mix of growth and challenges.

Key Takeaways

Domo's total revenue increased by 1% year-over-year to $80.1 million, with subscription revenue also up by 1% to $72.1 million. Billings decreased by 7% year-over-year to $65.5 million. The company reported a GAAP net loss of $26.0 million, or $0.69 per share, and a non-GAAP net loss of $12.3 million, or $0.33 per share. Cash, cash equivalents, and restricted cash totaled $61.2 million as of April 30, 2024.

Total revenue increased by 1% year-over-year, reaching $80.1 million.

Subscription revenue also grew by 1% year-over-year, totaling $72.1 million.

Billings decreased by 7% year-over-year, amounting to $65.5 million.

GAAP net loss was $26.0 million, with a net loss per share of $0.69.

Total Revenue
$80.1M
Previous year: $79.5M
+0.8%
EPS
-$0.33
Previous year: -$0.17
+94.1%
Billings
$65.5M
Previous year: $70.3M
-6.8%
GAAP Operating Margin
-27%
Previous year: -25%
+8.0%
Non-GAAP Operating Margin
-9%
Previous year: -2%
+350.0%
Gross Profit
$55.1M
Previous year: $60.9M
-9.5%
Cash and Equivalents
$61.2M
Previous year: $66M
-7.3%
Free Cash Flow
-$625K
Previous year: -$2.75M
-77.3%
Total Assets
$204M
Previous year: $219M
-6.7%

Domo

Domo

Domo Revenue by Segment

Forward Guidance

Domo expects revenue to be in the range of $76.0 million to $77.0 million and non-GAAP net loss per share to be between $0.26 and $0.30 for the second quarter of fiscal 2025.

Revenue & Expenses

Visualization of income flow from segment revenue to net income