DOMO, INC., a leading provider of cloud-based business intelligence and data visualization solutions, has released its Form 10-Q report for the second quarter of fiscal year 2025. The report highlights the company’s financial and operational performance, showcasing stable revenue growth, improved operational efficiency, and strategic business initiatives.
Financial Highlights
Total Revenue: $79.7 million, reflecting a slight increase from $78.4 million in the same period last year, indicating stable sales performance.Gross Profit: $59.6 million, showing an improvement from $58.3 million, highlighting effective cost management in revenue generation.Loss from Operations: $(7.3) million, a reduction in operating loss compared to $(14.5) million, demonstrating improved operational efficiency.Net Loss: $(22.9) million, compared to $(19.5) million, indicating a slight increase in net loss due to higher other expenses.Net Loss Per Share, Basic and Diluted: $(0.56), compared to $(0.51), reflecting the impact of increased net loss on a per-share basis.
Business Highlights
Revenue Segments: The company primarily offers its platform as a consumption-based service, which includes consumption-based agreements and enterprise-wide agreements (ELAs) with unlimited users and a data cap. As of the end of the most recent fiscal quarter, 76% of the annual recurring revenue (ARR) was utilizing the platform as a consumption-based service.Geographical Performance: Revenue from customers with billing addresses in the United States comprised 80% of the total revenue for both the three and six months ended July 31, 2024 and 2025. No other individual country exceeded 10% of total revenue.Customer Segments: As of July 31, 2025, the company had over 2,500 customers, with enterprise customers accounting for 44% of revenue for both the three and six months ended July 31, 2024 and 2025.Customer Retention: The company’s trailing twelve-month gross retention rate was 85% as of July 31, 2025, indicating a slight improvement from 84% as of July 31, 2024.Sales and Marketing Efficiency: Sales and marketing expenses as a percentage of total revenue decreased from 47% for the three months ended July 31, 2024, to 44% for the three months ended July 31, 2025, reflecting improved efficiency.Future Outlook: The company expects the percentage of ARR utilizing the platform as a consumption-based service to increase in future periods. Additionally, the company is focused on aligning its sales team and controlling costs to improve margins, sustain positive cash flow, and achieve efficient growth in the long term.
SEC Filing: DOMO, INC. [ DOMO ] – 10-Q – Sep. 04, 2025