Business analytics firm Domo's Q3 revenue slightly beats estimates on subscription RPO growth

Reuters
12/05
Business analytics firm Domo's Q3 revenue slightly beats estimates on subscription RPO growth

Overview

  • Domo fiscal Q3 2026 revenue slightly beats analyst expectations

  • Adjusted EPS for fiscal Q3 2026 beats consensus

  • Domo reports GAAP net loss of $10.4 mln for fiscal Q3 2026

Outlook

  • Domo expects Q4 revenue between $78.0 mln and $79.0 mln

  • Domo projects full-year revenue between $317.5 mln and $318.5 mln

  • Company anticipates fastest billings growth in over three years

Result Drivers

  • ECOSYSTEM STRATEGY - CEO Josh James attributes positive cash flow and growth prospects to the company's ecosystem strategy

  • SUBSCRIPTION RPO GROWTH - Co reports a 15% year-over-year increase in subscription RPO, indicating strong subscription demand

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Slight Beat*

$79.40 mln

$78.97 mln (6 Analysts)

Q3 Adjusted EPS

Beat

$0.01

-$0.05 (6 Analysts)

Q3 Net Income

-$10.4 mln

Q3 Billings

$73.20 mln

Q3 Gross Profit

$58.90 mln

Q3 Operating Expenses

$65.83 mln

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the software peer group is "buy"

  • Wall Street's median 12-month price target for Domo Inc is $19.50, about 66.5% above its December 3 closing price of $11.71

Press Release: ID:nBwb5XLswa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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