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Apr 30

Ooma Q1 2026 Earnings Report

Ooma reported its fiscal Q1 2026 results with modest revenue growth and improved profitability on a non-GAAP basis.

Key Takeaways

Ooma posted $65M in revenue and a narrow GAAP net loss of $0.1M for Q1 FY26, while achieving strong growth in adjusted EBITDA and non-GAAP earnings.

Revenue reached $65,029,000, up from $62,499,000 a year earlier.

Non-GAAP EPS increased to $0.20, compared to $0.14 in Q1 FY25.

Adjusted EBITDA rose to $6,668,000, showing operational efficiency gains.

Strong performance in subscription services, which made up 93% of total revenue.

Total Revenue
$65M
Previous year: $62.5M
+4.0%
EPS
$0.2
Previous year: $0.14
+42.9%
Adjusted EBITDA
$6.67M
Previous year: $5M
+33.4%
Gross Profit
$40.2M
Previous year: $38.1M
+5.5%
Cash and Equivalents
$19M
Previous year: $15.6M
+21.8%
Total Assets
$149M
Previous year: $155M
-4.2%

Ooma

Ooma

Ooma Revenue by Segment

Forward Guidance

Ooma expects modest revenue and non-GAAP earnings growth for Q2 FY26 and full-year FY26.

Positive Outlook

  • Q2 FY26 revenue guidance of $65.5M to $66.1M.
  • Q2 FY26 non-GAAP EPS guidance of $0.20 to $0.21.
  • Full-year FY26 revenue expected to reach $267M to $270M.
  • Full-year non-GAAP EPS expected in the range of $0.79 to $0.83.
  • Continued growth driven by AirDial and 2600Hz.

Challenges Ahead

  • Q2 GAAP net income expected to remain low at $0.2M to $0.5M.
  • Full-year GAAP EPS still expected to be between $0.02 and $0.06.
  • Ongoing stock-based compensation pressures margins.
  • Deferred revenue slightly declined from the prior quarter.
  • Operating loss persists on a GAAP basis.

Revenue & Expenses

Visualization of income flow from segment revenue to net income