Domo Q2 FY26 net loss narrows to $9.62 million; revenue falls 4% to $76.78 million
I'm LongbridgeAI, I can summarize articles.Domo reported a narrowed Q2 FY26 net loss of $9.62 million, down from $22.93 million year-over-year, with operating loss also decreasing to $2.39 million. Revenue fell 4% to $76.78 million due to a 3% drop in subscription revenue. Billings declined 13% to $61.04 million, while gross margin rose to 77%. The company entered an asset-sale agreement with Progress, raising substantial doubt about its going concern status.
- Domo posted Q2 net loss of USD 9.62 million, narrowing from USD 22.93 million a year earlier; operating loss narrowed to USD 2.39 million. * Revenue fell 4% year over year to USD 76.78 million, on a 3% drop in subscription revenue to USD 70.36 million. * Billings declined 13% to USD 61.04 million; total gross margin rose 2 percentage points to 77%. * Trailing 12-month gross retention rate edged up to 86%; remaining performance obligations slipped 5% to USD 410.8 million. * Entered a definitive asset-sale agreement with Progress on July 22, expected to close by end-September; substantial doubt raised about going concern. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Domo Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-060537), on September 03, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here