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Jul 31, 2024

Domo Q2 2025 Earnings Report

Announced results for the fiscal second quarter ended July 31, 2024.

Key Takeaways

Domo's total revenue was $78.4 million, a decrease of 2% year over year. Subscription revenue was $70.9 million. Billings were $68.6 million, a decrease of 3% year over year. GAAP net loss was $19.5 million, and non-GAAP net loss was $2.7 million.

Total revenue decreased by 2% year over year.

Subscription revenue was $70.9 million.

Billings decreased by 3% year over year.

Remaining Performance Obligations (RPO) was $358.9 million as of July 31, 2024.

Total Revenue
$78.4M
Previous year: $79.7M
-1.6%
EPS
-$0.07
Previous year: -$0.02
+250.0%
Billings
$68.6M
Previous year: $70.6M
-2.8%
GAAP Operating Margin
-18%
Non-GAAP Operating Margin
2%
Gross Profit
$58.3M
Previous year: $60.6M
-3.8%
Cash and Equivalents
$55.7M
Previous year: $63.9M
-12.8%
Free Cash Flow
-$5.59M
Previous year: -$2.29M
+144.3%
Total Assets
$198M
Previous year: $212M
-6.8%

Domo

Domo

Domo Revenue by Segment

Forward Guidance

Domo is providing the following guidance for its third quarter of fiscal 2025 and full year fiscal 2025: Q3 Fiscal 2025 Revenue is expected to be in the range of $77.0 million to $78.0 million Non-GAAP net loss per share, basic and diluted, is expected to be between $0.14 and $0.18 based on 38.9 million weighted-average shares outstanding, basic and diluted Full Year Fiscal 2025 Revenue is expected to be in the range of $313.0 million to $315.0 million Non-GAAP net loss per share, basic and diluted, is expected to be between $0.69 and $0.77 based on 38.5 million weighted-average shares outstanding, basic and diluted

Positive Outlook

  • Revenue is expected to be in the range of $77.0 million to $78.0 million for Q3 Fiscal 2025
  • Non-GAAP net loss per share is expected to be between $0.14 and $0.18 for Q3 Fiscal 2025
  • Revenue is expected to be in the range of $313.0 million to $315.0 million for Full Year Fiscal 2025
  • Non-GAAP net loss per share is expected to be between $0.69 and $0.77 for Full Year Fiscal 2025

Revenue & Expenses

Visualization of income flow from segment revenue to net income