Domo 2026 Q2 Earnings Continued Losses Amid Slight Revenue Growth

Domo (DOMO) reported its fiscal 2026 Q2 earnings on September 5, 2025. The results showed modest top-line growth but deepening losses, underscoring ongoing financial challenges. The company’s revenue rose slightly, but the net loss expanded by 17.7% year-over-year.

Revenue
Domo reported total revenue of $79.72 million for Q2 2026, reflecting a 1.7% year-over-year increase from $78.41 million in the same period of 2025. Subscription revenue, the company’s core business segment, accounted for the bulk of the income, reaching $72.73 million. Complementing this were professional services and other revenue streams, which contributed $6.99 million. The results indicate that Domo continues to derive the vast majority of its income from recurring subscription fees, with professional services playing a smaller but consistent role.

Earnings/Net Income
Domo’s net loss widened to $22.93 million in Q2 2026, a 17.7% increase compared to the $19.49 million loss in Q2 2025. On a per-share basis, the loss expanded to $0.56 from $0.51, marking a 9.8% deterioration. The company remains unprofitable, with losses now stretching over nine consecutive fiscal quarters. The ongoing net losses highlight the difficulty Domo faces in achieving profitability despite modest revenue growth.

Price Action
Following the earnings report, Domo’s stock price weakened across key timeframes. The stock edged down 2.08% during the latest trading day, declined 4.57% over the past full trading week, and dropped 10.31% month-to-date. The negative price action reflects investor skepticism about the company’s ability to turn its financial performance around.

Post-Earnings Price Action Review
In response to the earnings release, Domo’s leadership emphasized its commitment to product innovation and user engagement. The CEO praised the team for delivering a comprehensive update through a webinar, in-product announcements, and active community engagement via Slack and forums. He highlighted the value of user feedback and collaboration in shaping future developments, expressing optimism about how new features will empower users to achieve more with their data. The tone remained confident and forward-looking, underscoring the company’s dedication to improving its platform despite ongoing financial headwinds.

CEO Commentary
The CEO underscored the importance of user collaboration and product development, emphasizing the value of community engagement in shaping Domo’s future. He expressed optimism about the potential of new features to help users leverage their data more effectively. The message conveyed a confident and forward-looking perspective, despite the company’s continued financial struggles.

Guidance
Domo has not provided forward-looking guidance in its latest earnings report. The company’s focus remains on refining its product offering and strengthening customer engagement, rather than offering specific revenue or earnings targets.

Additional News
In a significant political development, Nigerian President Bola Tinubu is set to embark on a diplomatic trip to Japan and Brazil on August 13, 2025, with a brief stopover in Dubai. The visit aims to strengthen bilateral ties and explore new opportunities for international collaboration. On a domestic front, the Awujale of Ijebuland, Oba Sikiru Kayode Adetona, passed away at the age of 91, marking a significant moment for the region's leadership. Additionally, Nigerian petroleum marketers and refiners have called for the complete removal of fuel subsidies, urging the government to end price controls in the downstream oil sector to stabilize the industry.