Domo Inc. released its financial results for the first quarter of fiscal 2026, ending April 30, 2025. The company reported total revenue of $80.1 million, with subscription revenue accounting for $71.4 million. Billings were reported at $63.9 million. A key highlight was the Subscription Remaining Performance Obligations (RPO), which increased 24% year-over-year to $408.2 million, with $182.3 million expected to be recognized beyond twelve months, marking a 61% year-over-year increase. The net cash provided by operating activities was $4.0 million, reflecting a 108% year-over-year increase, while the adjusted free cash flow rose by 159% year-over-year to $1.3 million. However, the GAAP operating margin remained negative at 18%, albeit an improvement of 9 percentage points compared to the previous year. Looking ahead, Domo provided guidance for the second quarter of fiscal 2026, forecasting revenue in the range of $77.5 million to $78.5 million. For the full fiscal year 2026, revenue is expected to be between $312.0 million and $320.0 million. The company also anticipates a non-GAAP net loss per share between $0.03 and $0.07 for Q2, and between $0.18 and $0.26 for the full year. Recent recognitions include being ranked as a top vendor in several Dresner Advisory Services' market reports and being listed on CRN's 2025 Big Data 100 list. CEO Josh James expressed confidence in the company's strategy and its potential for future sustainable growth. Cash and cash equivalents stood at $47.2 million as of April 30, 2025.
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