Domo Inc
domo.comWhat Do They Do?
Builds a cloud-based data and AI platform for organizations to connect and prepare business data, analyze it, and use insights in applications and automated workflows.
10-K for FY2026, filed Apr 16, 2026At Domo, we believe people and data are an organization’s most valuable assets in the cloud era. Our cloud-based AI and data products…View ↗
We have made significant investments to build an enterprise-grade platform with the scale, speed and security to support organizations…View ↗
Domo is a cloud-based AI and data products platform designed to help organizations connect data, derive insight, and operationalize…View ↗
How Do They Make Money?
Organizations pay upfront for annual platform commitments based on estimated use; Domo typically invoices subscriptions annually in advance and spreads subscription revenue over the contract term.
10-K for FY2026, filed Apr 16, 2026We primarily offer our platform, which customers can adopt in whole or in part, as a consumption-based service, which includes…View ↗
As of January 31, 2026, 76% of our customers were under multi-year contracts on a dollar-weighted basis of recurring GAAP revenue, compared…View ↗
Our business model focuses on obtaining new customers and maximizing the lifetime value of those customer relationships. We recognize…View ↗
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10-K for FY2026, filed Apr 16, 2026
FY2026 revenue by product or service ↗
$318.9M
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10-K for FY2026, filed Apr 16, 2026
$318.9M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Subscription
Recurring
10-K for FY2026, filed Apr 16, 2026 |
91%
FY2023: 88%
|
Subscription, FY2026
$289.4M Sources
|
Recurring |
|
Professional services and other
|
9.3%
FY2023: 12%
|
Professional services and other, FY2026
$29.5M Sources
|
Who Are Their Customers?
Business leaders, department heads and managers typically begin with a department or use case. Domo sells mainly through its direct sales team, while technology, consulting and systems-integration partners can introduce customers, resell the platform or deliver services.
10-K for FY2026, filed Apr 16, 2026
Do Revenues Turn Into Profits?
No. It lost $59.3M in FY2026.
10-K for FY2026, filed Apr 16, 2026
−$39.1MView ↗
10-K for FY2026, filed Apr 16, 2026
−$59.3MView ↗
10-K for FY2026, filed Apr 16, 2026
−$2MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2027, filed Sep 3, 2026
−$9.6MView ↗
- ▼ −58% (Loss)
- vs −$22.9M in Q2 FY2026
10-Q for Q2 FY2027, filed Sep 3, 2026
Open tableView ↗
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Jul 22, 2026
Agrees to sell its AI and data platform business to Progress
Progress agreed to acquire substantially all business assets and employees for approximately $400 million, subject to adjustments and closing conditions.
Sources
8-K, filed Jul 22, 2026
At the closing of the Transactions (the “Closing”), Progress will acquire the AI and Data Platform Business for an aggregate purchase price…View ↗
Growing. Revenue grew 24% in 4 years, from $258M in FY2022 to $318.9M in FY2026, about 5% a year.
Who Do They Compete With?
Competes with Microsoft, Amazon Web Services, Oracle, SAP, Salesforce, IBM, Tableau Software, Qlik Technologies, Looker, Strategy, ThoughtSpot, Alteryx, Informatica, Sisense, Tibco Software, Sigma Computing, FiveTran, Matillion, Databricks, and Infor
10-K for FY2026, filed Apr 16, 2026Large enterprise software and cloud platform vendors, including suppliers of traditional business intelligence and cloud services that…View ↗
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