DOMO, INC. DOMO
At Domo, we believe people and data are an organization's most valuable assets in the cloud era. Our cloud-based AI and data products platform enables processes that are critically dependent on business data, which historically could take weeks or months, to be done on-the-fly, in as fast as minutes or seconds, at scale. From marketing to operations, HR to finance, IT to product development, supply chain to sales, Domo's platform is designed to change the way organizations are managed and empower our customers to build data products, including through leveraging AI technologies, that generate measurable value for the business.
Through the Domo platform, data from across the business is stored, prepared, organized, analyzed, visualized, automated and distributed. Artificial intelligence and machine learning capabilities can be applied to customer data to generate insights, trigger alerts, and support recommended actions based on predefined business rules and user configurations. These capabilities are designed to operate within customer-defined governance controls and permissions, enabling users to review, approve, and execute actions, including writing data back to systems of record where authorized. Because Domo can digitally connect an organization and empower employees to engage with data in a governed way, we believe our market potential is broad.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $318.9M | $317.0M | $319.0M | $308.6M | $258.0M | $210.2M | $173.4M | $142.5M | $108.5M | $74.5M |
| Cost of revenue | $79.7M | $81.0M | $75.5M | $73.1M | $67.1M | $56.7M | $55.9M | $49.6M | $44.9M | $33.2M |
| Gross profit | $239.1M | $236.1M | $243.5M | $235.6M | $190.8M | $153.4M | $117.5M | $92.9M | $63.6M | $41.3M |
| R&D | $77.2M | $87.9M | $85.0M | $95.1M | $81.0M | $66.5M | $69.2M | $75.7M | $78.3M | $76.2M |
| SG&A | $59.2M | $55.9M | $49.4M | $56.0M | $54.5M | $42.7M | $35.9M | $30.2M | $29.3M | $29.1M |
| Total operating expenses | $278.2M | $295.3M | $298.4M | $324.4M | $279.3M | $226.5M | $232.7M | $237.0M | $239.4M | $224.2M |
| Operating income | -$39.1M | -$59.3M | -$54.9M | -$88.9M | -$88.5M | -$73.1M | -$115.3M | -$144.1M | -$175.8M | -$182.9M |
| Pre-tax income | -$57.6M | -$80.7M | -$74.3M | -$104.4M | -$102.6M | -$84.2M | -$124.9M | -$153.1M | -$176.2M | -$182.3M |
| Income tax | $1.8M | $1.2M | $1.3M | $1.2M | $461.0K | $409.0K | $754.0K | $1.2M | $385.0K | $773.0K |
| Net income | -$59.3M | -$81.9M | -$75.6M | -$105.6M | -$102.1M | -$84.6M | -$125.7M | -$154.3M | -$176.6M | -$183.1M |
| EPS, basic | -1.45 | -2.13 | -2.10 | -3.10 | -3.19 | -2.89 | -4.57 | — | — | — |
| EPS, diluted | -1.45 | -2.13 | -2.10 | -3.10 | -3.19 | -2.89 | -4.57 | -9.43 | -110.70 | -124.90 |
| Shares, diluted (wtd. avg.) | $41.0M | $38.5M | $36.0M | $34.1M | $32.0M | $29.3M | $27.5M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $43.0M | $45.3M | $60.9M | $66.5M | $83.6M | $90.8M | $80.8M | $177.0M | $62.0M | $69.0M |
| Short-term investments | — | — | — | — | — | $0 | $18.0M | $0 | — | — |
| Receivables | $85.5M | $71.5M | $67.2M | $79.0M | $64.1M | $48.3M | $48.0M | $48.4M | $35.5M | — |
| Total current assets | $153.6M | $141.7M | $153.7M | $168.8M | $173.1M | $165.2M | $172.3M | $246.8M | $113.3M | — |
| Property, plant and equipment | $29.0M | $28.6M | $27.0M | $21.4M | $17.6M | $14.7M | $12.8M | $12.6M | $15.0M | — |
| Goodwill | $9.5M | $9.5M | $9.5M | $9.5M | $9.5M | $9.5M | $9.5M | $9.5M | $9.5M | — |
| Other intangibles | $1.6M | $2.1M | $2.7M | $2.8M | $2.9M | $3.4M | $3.9M | $4.4M | $3.0M | — |
| Total assets | $235.5M | $214.3M | $225.7M | $242.1M | $244.6M | $216.4M | $216.7M | $292.6M | $155.4M | — |
| Accounts payable | $18.8M | $10.0M | $4.3M | $12.1M | $4.8M | $1.1M | $2.3M | $2.6M | $12.1M | — |
| Total current liabilities | $271.2M | $254.9M | $237.8M | $248.6M | $236.5M | $185.9M | $154.1M | $139.7M | $128.3M | — |
| Long-term debt | $126.5M | $117.7M | $113.5M | $108.6M | $104.0M | $99.6M | $101.1M | $97.2M | $46.3M | — |
| Total liabilities | $421.6M | $391.6M | $379.2M | $388.5M | $370.6M | $299.9M | $265.9M | $248.1M | $184.2M | — |
| Retained earnings | -$1.55B | -$1.49B | -$1.41B | -$1.33B | -$1.22B | -$1.12B | -$1.04B | -$912.1M | -$757.8M | — |
| Total equity | -$186.1M | -$177.2M | -$153.5M | -$146.4M | -$126.0M | -$83.5M | -$49.2M | $44.5M | -$722.0M | -$556.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $7.9M | -$9.1M | $2.6M | -$10.9M | $379.0K | -$15.9M | -$80.2M | -$131.4M | -$148.7M | -$144.1M |
| Depreciation and amortisation | $9.8M | $9.2M | $6.6M | $5.3M | $5.4M | $4.8M | $6.9M | $8.8M | $8.1M | $4.9M |
| Stock-based compensation | $56.1M | $59.4M | $64.3M | $83.9M | $60.5M | $33.7M | $23.8M | $21.8M | $9.4M | $9.3M |
| Capital expenditure | $10.0M | $9.4M | $11.7M | $8.0M | $6.5M | $5.7M | $6.5M | $6.4M | $7.3M | $11.6M |
| Investing cash flow | -$10.0M | -$9.4M | -$11.8M | -$8.0M | -$6.5M | $12.2M | -$23.8M | -$8.0M | -$7.6M | -$12.1M |
| Financing cash flow | -$2.2M | $3.4M | $3.5M | $2.4M | -$561.0K | $13.1M | $8.0M | $254.3M | $149.1M | -$3.5M |
| Buybacks | — | — | — | — | — | — | $0 | $0 | $121.0K | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-039549.
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