Domo (DOMO)
Market Price (9/21/2026): $3.765 | Market Cap: $173.2 MilSector: Information Technology | Industry: Application Software
Domo (DOMO)
Market Price (9/21/2026): $3.765Market Cap: $173.2 MilSector: Information TechnologyIndustry: Application Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include Cloud Computing, Artificial Intelligence, and E-commerce & DTC Adoption. Themes include Software as a Service (SaaS), Show more. | Weak multi-year price returns2Y Excs Rtn is -85%, 3Y Excs Rtn is -134% Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -27 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8.7% Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 74% Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.3%, Rev Chg QQuarterly Revenue Change % is -3.7% Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 16% Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.8% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -29% Key risksDOMO key risks include [1] its history of significant losses and a highly leveraged balance sheet, Show more. |
| Megatrend and thematic driversMegatrends include Cloud Computing, Artificial Intelligence, and E-commerce & DTC Adoption. Themes include Software as a Service (SaaS), Show more. |
| Weak multi-year price returns2Y Excs Rtn is -85%, 3Y Excs Rtn is -134% |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -27 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8.7% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 74% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.3%, Rev Chg QQuarterly Revenue Change % is -3.7% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 16% |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.8% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -29% |
| Key risksDOMO key risks include [1] its history of significant losses and a highly leveraged balance sheet, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 9/3/2026
Domo (DOMO) stock has lost about 10% since 5/31/2026 because of the following key factors:
1. Domo reported a revenue miss for fiscal Q1 2027 and issued a "going concern" warning.
For its fiscal first quarter ended April 30, 2026, Domo reported revenue of $79.4 million, which was a 0.9% decrease year-over-year and fell short of analyst expectations. Simultaneously, the company disclosed that it had entered a forbearance agreement with its lender due to breaching a minimum annualized recurring revenue covenant, leading to a statement that raised "substantial doubt about its ability to continue as a going concern." This news contributed to a significant 36% plunge in Domo's stock price on June 16, 2026.
2. The company announced the sale of substantially all its assets, effectively becoming a holding company focused on Net Operating Loss (NOL) monetization.
On July 22, 2026, Domo entered a definitive agreement to sell nearly all its operating assets and certain liabilities to Progress Software for $400 million in cash. While this transaction resolved the immediate "going concern" issue, it transforms Domo into a publicly-listed Delaware holding company that will retain over $900 million in net operating loss carryforwards, with limited operating expenses and a debt-free balance sheet. This strategic shift, while providing liquidity and addressing debt, may have been perceived by investors as a less favorable long-term value proposition compared to its prior operational status.
Show more
Domo (DOMO) stock has lost about 10% since 5/31/2026 because of the following key factors:
1. Domo reported a revenue miss for fiscal Q1 2027 and issued a "going concern" warning.
For its fiscal first quarter ended April 30, 2026, Domo reported revenue of $79.4 million, which was a 0.9% decrease year-over-year and fell short of analyst expectations. Simultaneously, the company disclosed that it had entered a forbearance agreement with its lender due to breaching a minimum annualized recurring revenue covenant, leading to a statement that raised "substantial doubt about its ability to continue as a going concern." This news contributed to a significant 36% plunge in Domo's stock price on June 16, 2026.
2. The company announced the sale of substantially all its assets, effectively becoming a holding company focused on Net Operating Loss (NOL) monetization.
On July 22, 2026, Domo entered a definitive agreement to sell nearly all its operating assets and certain liabilities to Progress Software for $400 million in cash. While this transaction resolved the immediate "going concern" issue, it transforms Domo into a publicly-listed Delaware holding company that will retain over $900 million in net operating loss carryforwards, with limited operating expenses and a debt-free balance sheet. This strategic shift, while providing liquidity and addressing debt, may have been perceived by investors as a less favorable long-term value proposition compared to its prior operational status.
Show more
Updated on 9/3/2026
Domo (DOMO) stock has lost about 10% since 5/31/2026 because of the following key factors:
1. Domo reported a revenue miss for fiscal Q1 2027 and issued a "going concern" warning.
For its fiscal first quarter ended April 30, 2026, Domo reported revenue of $79.4 million, which was a 0.9% decrease year-over-year and fell short of analyst expectations. Simultaneously, the company disclosed that it had entered a forbearance agreement with its lender due to breaching a minimum annualized recurring revenue covenant, leading to a statement that raised "substantial doubt about its ability to continue as a going concern." This news contributed to a significant 36% plunge in Domo's stock price on June 16, 2026.
2. The company announced the sale of substantially all its assets, effectively becoming a holding company focused on Net Operating Loss (NOL) monetization.
On July 22, 2026, Domo entered a definitive agreement to sell nearly all its operating assets and certain liabilities to Progress Software for $400 million in cash. While this transaction resolved the immediate "going concern" issue, it transforms Domo into a publicly-listed Delaware holding company that will retain over $900 million in net operating loss carryforwards, with limited operating expenses and a debt-free balance sheet. This strategic shift, while providing liquidity and addressing debt, may have been perceived by investors as a less favorable long-term value proposition compared to its prior operational status.
3. Analysts lowered price targets and reiterated negative ratings reflecting a revised outlook post-asset sale.
Following the Q1 fiscal 2027 results and the subsequent announcement of the asset sale, analysts adjusted their outlooks for Domo. For example, on August 17, 2026, Citizens reiterated a "Market Underperform" rating and a $2.25 price target. Similarly, TD Cowen downgraded Domo to Hold with a reduced price target of $3.25, while Cantor Fitzgerald adjusted its price target to $5.00 from $8.00. These adjustments indicate a more cautious valuation of the company's future prospects, particularly considering its new structure as primarily an NOL vehicle.
Show less
Domo (DOMO) stock has lost about 10% since 5/31/2026 because of the following key factors:
1. Domo reported a revenue miss for fiscal Q1 2027 and issued a "going concern" warning.
For its fiscal first quarter ended April 30, 2026, Domo reported revenue of $79.4 million, which was a 0.9% decrease year-over-year and fell short of analyst expectations. Simultaneously, the company disclosed that it had entered a forbearance agreement with its lender due to breaching a minimum annualized recurring revenue covenant, leading to a statement that raised "substantial doubt about its ability to continue as a going concern." This news contributed to a significant 36% plunge in Domo's stock price on June 16, 2026.
2. The company announced the sale of substantially all its assets, effectively becoming a holding company focused on Net Operating Loss (NOL) monetization.
On July 22, 2026, Domo entered a definitive agreement to sell nearly all its operating assets and certain liabilities to Progress Software for $400 million in cash. While this transaction resolved the immediate "going concern" issue, it transforms Domo into a publicly-listed Delaware holding company that will retain over $900 million in net operating loss carryforwards, with limited operating expenses and a debt-free balance sheet. This strategic shift, while providing liquidity and addressing debt, may have been perceived by investors as a less favorable long-term value proposition compared to its prior operational status.
3. Analysts lowered price targets and reiterated negative ratings reflecting a revised outlook post-asset sale.
Following the Q1 fiscal 2027 results and the subsequent announcement of the asset sale, analysts adjusted their outlooks for Domo. For example, on August 17, 2026, Citizens reiterated a "Market Underperform" rating and a $2.25 price target. Similarly, TD Cowen downgraded Domo to Hold with a reduced price target of $3.25, while Cantor Fitzgerald adjusted its price target to $5.00 from $8.00. These adjustments indicate a more cautious valuation of the company's future prospects, particularly considering its new structure as primarily an NOL vehicle.
Show less
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →
Stock Movement Drivers
Fundamental Drivers
The -9.8% change in DOMO stock from 5/31/2026 to 9/20/2026 was primarily driven by a -8.5% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 5312026 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.17 | 3.76 | -9.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 319 | 315 | -1.1% |
| P/S Multiple | 0.6 | 0.5 | -0.3% |
| Shares Outstanding (Mil) | 42 | 46 | -8.5% |
| Cumulative Contribution | -9.8% |
Market Drivers
5/31/2026 to 9/20/2026| Return | Correlation | |
|---|---|---|
| DOMO | -9.8% | |
| Market (SPY) | 0.9% | 18.9% |
| Sector (XLK) | -0.7% | 19.2% |
Fundamental Drivers
The 4.7% change in DOMO stock from 2/28/2026 to 9/20/2026 was primarily driven by a 17.3% change in the company's P/S Multiple.| (LTM values as of) | 2282026 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.59 | 3.76 | 4.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 318 | 315 | -0.9% |
| P/S Multiple | 0.5 | 0.5 | 17.3% |
| Shares Outstanding (Mil) | 41 | 46 | -9.9% |
| Cumulative Contribution | 4.7% |
Market Drivers
2/28/2026 to 9/20/2026| Return | Correlation | |
|---|---|---|
| DOMO | 4.7% | |
| Market (SPY) | 11.6% | 19.0% |
| Sector (XLK) | 36.8% | 21.1% |
Fundamental Drivers
The -74.4% change in DOMO stock from 8/31/2025 to 9/20/2026 was primarily driven by a -70.2% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.68 | 3.76 | -74.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 317 | 315 | -0.6% |
| P/S Multiple | 1.8 | 0.5 | -70.2% |
| Shares Outstanding (Mil) | 40 | 46 | -13.6% |
| Cumulative Contribution | -74.4% |
Market Drivers
8/31/2025 to 9/20/2026| Return | Correlation | |
|---|---|---|
| DOMO | -74.4% | |
| Market (SPY) | 19.4% | 29.4% |
| Sector (XLK) | 45.1% | 28.4% |
Fundamental Drivers
The -64.7% change in DOMO stock from 8/31/2023 to 9/20/2026 was primarily driven by a -54.2% change in the company's P/S Multiple.| (LTM values as of) | 8312023 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.66 | 3.76 | -64.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 314 | 315 | 0.5% |
| P/S Multiple | 1.2 | 0.5 | -54.2% |
| Shares Outstanding (Mil) | 35 | 46 | -23.4% |
| Cumulative Contribution | -64.7% |
Market Drivers
8/31/2023 to 9/20/2026| Return | Correlation | |
|---|---|---|
| DOMO | -64.7% | |
| Market (SPY) | 75.6% | 32.6% |
| Sector (XLK) | 119.9% | 31.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| DOMO Return | -22% | -71% | -28% | -31% | 19% | -54% | -94% |
| Peers Return | 30% | -51% | 146% | 155% | 30% | -1% | 414% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| DOMO Win Rate | 58% | 17% | 50% | 58% | 50% | 56% | |
| Peers Win Rate | 60% | 32% | 65% | 63% | 53% | 38% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| DOMO Max Drawdown | -52% | -79% | -58% | -46% | -54% | -77% | |
| Peers Max Drawdown | -31% | -54% | -22% | -28% | -39% | -38% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: MSFT, CRM, GOOGL, MSTR, PLTR. See DOMO Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/18/2026 (YTD)
How Low Can It Go
| Event | DOMO | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.9% | -18.8% |
| % Gain to Breakeven | 29.7% | 23.1% |
| Time to Breakeven | 38 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -50.1% | -9.5% |
| % Gain to Breakeven | 100.4% | 10.5% |
| Time to Breakeven | 625 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -25.3% | -6.7% |
| % Gain to Breakeven | 33.8% | 7.1% |
| Time to Breakeven | 26 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -68.1% | -33.7% |
| % Gain to Breakeven | 213.3% | 50.9% |
| Time to Breakeven | 60 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -31.6% | -19.2% |
| % Gain to Breakeven | 46.2% | 23.8% |
| Time to Breakeven | 20 days | 105 days |
In The Past
Domo's stock fell -22.9% during the 2025 US Tariff Shock. Such a loss loss requires a 29.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | DOMO | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.9% | -18.8% |
| % Gain to Breakeven | 29.7% | 23.1% |
| Time to Breakeven | 38 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -50.1% | -9.5% |
| % Gain to Breakeven | 100.4% | 10.5% |
| Time to Breakeven | 625 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -25.3% | -6.7% |
| % Gain to Breakeven | 33.8% | 7.1% |
| Time to Breakeven | 26 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -68.1% | -33.7% |
| % Gain to Breakeven | 213.3% | 50.9% |
| Time to Breakeven | 60 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -31.6% | -19.2% |
| % Gain to Breakeven | 46.2% | 23.8% |
| Time to Breakeven | 20 days | 105 days |
In The Past
Domo's stock fell -22.9% during the 2025 US Tariff Shock. Such a loss loss requires a 29.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Domo (DOMO)
Domo, Inc. operates a cloud-based business intelligence (BI) platform designed to enhance decision-making within organizations. Its primary function is to digitally connect an organization's various internal components—people, data, and systems—to ensure all employees, from the chief executive officer to frontline staff, have access to crucial business information. The company's value proposition centers on empowering businesses with real-time data and actionable insights for improved operational efficiency and strategic direction.
The core product is its comprehensive platform, which facilitates the management of business operations directly from smartphones. This mobile accessibility allows users to gain immediate insights and manage their business efficiently, regardless of their location. Domo serves a global customer base, with operations across the United States, Japan, and other international markets, targeting businesses of all sizes seeking to leverage data for operational efficiency and strategic growth.
AI Analysis | Feedback
1. Essentially Tableau or Microsoft Power BI for the entire enterprise, providing real-time data and insights to every employee.
2. Think of it as Salesforce for internal company data and operational intelligence, accessible to everyone from the CEO to the frontline.
AI Analysis | Feedback
- Data Integration & Connectivity: Services that digitally connect an organization's people, data, and systems within a unified platform.
- Real-time Data and Insights: Services providing access to up-to-the-minute data and analytical insights across the organization.
- Mobile Business Management: Services that empower users to manage business operations and access key information directly from smartphones.
AI Analysis | Feedback
Major Customers of Domo (DOMO)
Domo primarily sells its cloud-based business intelligence platform to other companies, offering solutions for real-time data and insights across organizations. Major customers, often highlighted in case studies and testimonials, include prominent public companies:
- Mastercard Inc. (Symbol: MA)
- eBay Inc. (Symbol: EBAY)
- Honeywell International Inc. (Symbol: HON)
- T-Mobile US, Inc. (Symbol: TMUS)
- Unilever PLC (Symbol: UL)
AI Analysis | Feedback
Amazon.com, Inc. (AMZN)
AI Analysis | Feedback
Josh James, Chief Executive Officer
Josh James founded Domo in 2010. Prior to Domo, he co-founded Omniture in 1996, a SaaS-based web analytics company that went public in 2006. He facilitated Omniture's sale to Adobe for $1.8 billion in 2009. For three years while Omniture was public, he was the youngest CEO of a NASDAQ or NYSE-traded company. James also founded Silicon Slopes, a non-profit initiative promoting Utah's high-tech industry, and CEO.com. He briefly stepped down as CEO in March 2022 but returned to the role in March 2023.
David Jolley, Chief Financial Officer
David Jolley served as Domo's Chief Financial Officer from March 2023 to November 2024. Before joining Domo, he retired from EY in October 2020. He has served as a Director on the boards of Scalar and Cypress Five Star. He holds a B.S. in Accounting from Brigham Young University and an M.B.A. in Finance from the University of Utah.
Daren Thayne, Chief Technology Officer, EVP of Product
Daren Thayne started at Domo in December 2010.
Jeff Skousen, President of Worldwide Sales and Field Operations
Jeff Skousen brings over 25 years of sales and leadership experience and played an integral role in building Domo's sales organization, having served as Domo's VP, Corporate Sales since 2011. Before Domo, he spent time at IBM and Omniture, and was a founder and head of sales for a successful financial services company for more than six years.
Mohammed Aaser, Chief Strategy Officer
Prior to Domo, Mohammed Aaser was the Chief Data Officer (CDO) at McKinsey and Company, where he led data innovation capabilities and championed the strategic use of data across numerous client initiatives. He also helped launch and build McKinsey's analytics practice, focusing on scaling data and AI initiatives.
AI Analysis | Feedback
Here are the key risks to Domo's business:
- Intense Competition and Market Share Pressure: Domo operates in a highly competitive and rapidly evolving business intelligence (BI) and data analytics market. It faces significant competition from large enterprise software providers such as Microsoft (Power BI) and Salesforce (Tableau), as well as numerous specialized data analytics firms. These larger competitors often leverage extensive ecosystems, offer competitive pricing, and bundle their BI tools with other software, creating substantial pricing pressure and distribution advantages that challenge Domo's market position. Domo holds a relatively small market share in this sector.
- Challenges in Achieving Consistent Revenue Growth, Profitability, and Financial Health: Domo has struggled with consistent revenue growth and sustained profitability, frequently reporting operating losses and net losses. The company experienced flat revenue in fiscal year 2025. This lack of consistent growth is a significant concern for investors. Furthermore, Domo's financial strength is rated as poor, with concerns regarding its debt levels and liquidity, and indicators such as its current ratio and an Altman Z-Score in the distress zone suggest potential financial instability.
- Technological Obsolescence and the Need for Continuous Innovation: As a technology company in the dynamic business intelligence and data analytics industry, Domo faces the risk of rapid technological changes. The market is increasingly driven by advancements in artificial intelligence (AI), including generative AI, and a strong shift towards cloud infrastructure. There is a concern that no-code tools, which are a part of Domo's offering, could diminish in importance in an AI-driven environment, potentially reducing demand for Domo's platform or increasing customer churn as companies explore alternative, potentially more affordable, AI-powered solutions. Larger data platform providers like Snowflake and Databricks could also expand their offerings to directly compete with Domo, creating redundancies in its services.
AI Analysis | Feedback
```html
The rapid advancement and integration of artificial intelligence (AI), particularly generative AI, into data analysis and business intelligence tools. This emerging technology has the potential to fundamentally transform how organizations derive insights from their data, moving towards more automated and conversational methods of data exploration and insight generation. If AI-powered tools can provide actionable insights and visualizations with minimal human intervention or through natural language queries, it could disrupt the traditional dashboard-and-report-centric model of business intelligence platforms like Domo.
```AI Analysis | Feedback
Domo, Inc. operates within the broader business intelligence (BI) and cloud-based business analytics markets. The addressable markets for Domo's main products and services are substantial and are projected to grow significantly in the coming years.
The global business intelligence market size was valued at approximately USD 34.82 billion in 2025 and is projected to reach USD 72.21 billion by 2034. Another estimate puts the global business intelligence software market at USD 47.04 billion in 2025, projected to grow to approximately USD 168.06 billion by 2035. Companies are expected to spend USD 72.1 billion globally on BI software in the next 12 months (roughly 2026-2027).
For cloud-based solutions, which Domo specializes in:
- The global cloud platform business intelligence (BI) solution market size was USD 17.47 billion in 2025 and is expected to grow to USD 19.99 billion in 2026, with projections indicating a rise to USD 33.91 billion by 2030.
- The cloud-based business analytics market size is estimated at USD 73.72 billion in 2026 and is forecast to reach USD 249.85 billion by 2031 globally.
- North America: This region dominated the global BI market, holding approximately 31.00% of the share in 2025, with other sources indicating shares of 49.80% in 2025 and 45% of the global share. North America was also the largest region in the cloud platform business intelligence (BI) solution market in 2025. For cloud-based business analytics, North America commanded a 42.06% revenue share in 2025. The U.S. business intelligence market is predicted to reach an estimated value of USD 12.82 billion by 2032, and companies in the U.S. are expected to spend USD 27.3 billion on BI solutions in the next 12 months.
- Asia Pacific: This region is anticipated to exhibit the maximum Compound Annual Growth Rate (CAGR) during the forecast period for the global BI market. For cloud-based business analytics, Asia-Pacific is set to record the quickest pace with a 33.86% CAGR through 2031. Specific country projections for 2026 include Japan at USD 1.65 billion, China at USD 2.27 billion, and India at USD 1.44 billion. Asia-Pacific currently holds approximately 20% of the global business intelligence software market share.
AI Analysis | Feedback
Domo (NASDAQ: DOMO) is poised for future revenue growth, driven by several key initiatives and market trends over the next 2-3 years:
- Adoption of AI-driven Workflows and AI-First Data Platform: Domo is strategically positioning itself as an AI workflow platform, with management anticipating that increased adoption of its AI-first data platform will enhance customer retention and drive incremental usage. The company notes that customers are increasingly deploying AI-powered workflows to automate processes, thereby embedding Domo deeper into their operational activities.
- Transition to a Consumption-Based Pricing Model: A significant growth driver is Domo's ongoing shift to a consumption-based pricing model. This model has demonstrated higher retention and deeper customer engagement, with customers adopting consumption contracts exhibiting a net revenue retention rate of 111%, indicating increased usage over time.
- Expansion of Ecosystem Partnerships: Domo is actively strengthening its partnerships with major cloud and data warehouse providers, including Snowflake, Amazon, and Google. These collaborations are expected to open new business opportunities, facilitate deeper integration into client data environments, and enable customers to leverage existing marketplace credits for Domo services, leading to longer contract durations and increased account value.
- Strengthening Customer Retention and Multi-Year Contracts: The company's focus on improving both gross and net retention rates, partly attributed to the success of its consumption model and enhanced technical engagement with customers, along with a strategic emphasis on securing multi-year contracts, is expected to contribute to sustained revenue stability and growth.
AI Analysis | Feedback
Share Repurchases
- Domo reported share repurchases for tax withholdings on the vesting of restricted stock, amounting to $3.245 million in fiscal year 2026, and smaller amounts in prior fiscal years.
- As of October 2025, Domo's 6-Month Share Buyback Ratio was -3.96%, indicating potential share issuance rather than significant share buybacks.
Share Issuance
- Domo's shares outstanding have generally increased over the last few fiscal years, from 32.36 million in 2021 to 41.44 million in 2025 and March 2026.
- The company issued shares through its employee stock purchase plan, resulting in proceeds of $1.910 million in fiscal year 2024 and $1.333 million in fiscal year 2026.
Inbound Investments
- On March 2, 2026, RPD Fund Management LLC significantly increased its stake in Domo by adding 990,326 shares, representing a 27.33% increase in its position.
- Capital Research Global Investors acquired 2.75 million shares of Domo, valued at approximately $43.56 million, establishing a 6.67% ownership stake and making it one of Domo's largest institutional shareholders.
- On February 19, 2026, Domo's Board of Directors initiated a formal process to explore strategic alternatives, which may include a strategic investment or sale, to maximize shareholder value.
Capital Expenditures
- Purchases of property and equipment, which constitute capital expenditures, totaled $9.445 million for the full fiscal year 2026 (ended January 31, 2026) and $9.954 million for the full fiscal year 2025 (ended January 31, 2025).
- Domo plans to continue investing in key growth areas such as AI innovation and ecosystem partnerships.
Peer Outperformance in Application Software
DOMO has trailed 91% of its 122 Application Software peers over 5Y. Application Software ranks 11th of 12 industries in Information Technology by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Application Software constituents that DOMO has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
13%
of 152 industry peers · -79.2% return
3Y
22%
of 140 industry peers · -61.5% return
5Y
9%
of 122 industry peers · -95.2% return
null
Median price return by industry across the Information Technology sector, ranked by 5Y. Application Software is DOMO's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Electronic Manufacturing Services | 9 | 54.5% | 185.9% | 278.9% | TTMI 845% · FLEX 734% · SANM 435% |
| Technology Distributors | 9 | 30.1% | 72.9% | 99.7% | CLMB 337% · AVT 199% · SNX 156% |
| Semiconductor Materials & Equipment | 26 | 90.9% | 83.7% | 97.5% | AXTI 792% · AEHR 738% · KLAC 421% |
| Communications Equipment | 36 | 16.3% | 86.8% | 75.8% | AAOI 1451% · FEIM 1030% · LITE 1005% |
| Electronic Components | 26 | 31.5% | 70.6% | 70.4% | CLS 4032% · BELFA 1349% · COHR 435% |
| Technology Hardware, Storage & Peripherals | 20 | 31.9% | 90.0% | 47.2% | DELL 1150% · STX 1112% · WDC 969% |
| Semiconductors | 55 | 23.7% | 33.9% | 40.8% | POET 1815% · MU 1344% · NVDA 951% |
| Internet Services & Infrastructure | 6 | 7.5% | 49.3% | 33.5% | DOCN 64% · VRSN 44% · GDDY 38% |
| Electronic Equipment & Instruments | 26 | -16.0% | 9.2% | -10.0% | PI 225% · OSIS 117% · ACFN 108% |
| IT Consulting & Other Services | 28 | -24.6% | -9.9% | -29.0% | CHRN 537268% · APLD 1265% · TSSI 669% |
| Application Software ← | 123 | -30.5% | -13.3% | -45.3% | VIDA 176264% · INLX 5435% · PLTR 567% |
| Systems Software | 68 | -19.6% | 12.4% | -54.0% | QNC 478% · ZETA 406% · PANW 361% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
Latest Trefis Analyses
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 207.78 |
| Mkt Cap | 310.7 |
| Rev LTM | 25,047 |
| Op Inc LTM | 6,045 |
| FCF LTM | 9,256 |
| FCF 3Y Avg | 7,479 |
| CFO LTM | 9,575 |
| CFO 3Y Avg | 7,805 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 14.5% |
| Rev Chg 3Y Avg | 12.7% |
| Rev Chg Q | 14.3% |
| QoQ Delta Rev Chg LTM | 3.4% |
| Op Inc Chg LTM | 28.0% |
| Op Inc Chg 3Y Avg | 24.6% |
| Op Mgn LTM | 27.3% |
| Op Mgn 3Y Avg | 22.2% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 38.7% |
| CFO/Rev 3Y Avg | 35.3% |
| FCF/Rev LTM | 16.1% |
| FCF/Rev 3Y Avg | 20.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 310.7 |
| P/S | 10.3 |
| P/Op Inc | 22.1 |
| P/EBIT | 14.7 |
| P/E | 18.8 |
| P/CFO | 16.2 |
| Total Yield | 2.5% |
| Dividend Yield | 0.1% |
| FCF Yield 3Y Avg | 1.6% |
| D/E | 0.1 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 1.8% |
| 3M Rtn | 37.5% |
| 6M Rtn | 17.1% |
| 12M Rtn | -3.4% |
| 3Y Rtn | 114.3% |
| 1M Excs Rtn | 2.6% |
| 3M Excs Rtn | 35.5% |
| 6M Excs Rtn | -1.8% |
| 12M Excs Rtn | -17.6% |
| 3Y Excs Rtn | 33.0% |
Comparison Analyses
Price Behavior
Price Behavior
| Market Price | $3.76 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 06/29/2018 | |
| Distance from 52W High | -79.3% | |
| 50 Days | 200 Days | |
| DMA Price | $3.73 | $4.62 |
| DMA Trend | down | up |
| Distance from DMA | 0.8% | -18.6% |
| 3M | 1YR | |
| Volatility | 96.2% | 99.0% |
| Downside Capture | -256.95 | 296.55 |
| Upside Capture | 5.80 | 62.77 |
| Correlation (SPY) | -0.3% | 28.5% |
DOMO Betas & Captures as of 8/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.67 | -0.81 | 1.79 | 1.49 | 2.26 | 1.60 |
| Up Beta | 0.68 | 1.67 | 2.21 | 1.15 | 2.39 | 1.33 |
| Down Beta | 1.13 | -6.40 | 2.90 | 3.33 | 3.22 | 1.78 |
| Up Capture | 208% | 15% | 132% | 114% | 79% | 235% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 8 | 16 | 25 | 59 | 113 | 350 |
| Down Capture | 270% | -87% | 172% | 124% | 178% | 112% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 11 | 24 | 37 | 65 | 134 | 386 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DOMO | |
|---|---|---|---|---|
| DOMO | -78.2% | 98.6% | -1.07 | - |
| Sector ETF (XLK) | 40.5% | 26.4% | 1.25 | 28.3% |
| Equity (SPY) | 16.9% | 12.9% | 0.94 | 28.9% |
| Gold (GLD) | 19.1% | 29.3% | 0.60 | 0.9% |
| Commodities (DBC) | 46.3% | 20.6% | 1.73 | -4.3% |
| Real Estate (VNQ) | 4.9% | 13.6% | 0.10 | 7.4% |
| Bitcoin (BTCUSD) | -30.6% | 44.3% | -0.70 | 22.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DOMO | |
|---|---|---|---|---|
| DOMO | -45.9% | 78.6% | -0.42 | - |
| Sector ETF (XLK) | 20.2% | 25.9% | 0.69 | 41.6% |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | 42.3% |
| Gold (GLD) | 19.1% | 18.8% | 0.83 | 3.3% |
| Commodities (DBC) | 11.2% | 19.5% | 0.45 | 2.6% |
| Real Estate (VNQ) | 1.1% | 18.8% | -0.05 | 30.2% |
| Bitcoin (BTCUSD) | 12.5% | 52.5% | 0.42 | 22.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DOMO | |
|---|---|---|---|---|
| DOMO | -18.3% | 77.2% | 0.04 | - |
| Sector ETF (XLK) | 24.4% | 25.0% | 0.88 | 43.9% |
| Equity (SPY) | 15.1% | 18.0% | 0.72 | 42.8% |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | 5.6% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | 10.6% |
| Real Estate (VNQ) | 4.4% | 20.7% | 0.18 | 33.0% |
| Bitcoin (BTCUSD) | 62.6% | 66.2% | 1.02 | 17.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 7/22/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 6/15/2026 | -37.1% | -31.3% | 2.1% |
| 3/10/2026 | 13.5% | -10.3% | -39.5% |
| 12/4/2025 | -23.6% | -21.3% | -25.8% |
| 8/27/2025 | -12.8% | -16.6% | -10.2% |
| 3/6/2025 | 16.0% | 16.5% | -5.8% |
| 12/5/2024 | -18.1% | -20.7% | -27.0% |
| 8/29/2024 | -3.2% | -9.7% | -2.7% |
| 5/23/2024 | -2.2% | -6.6% | 3.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 9 | 6 | 7 |
| # Negative | 14 | 17 | 16 |
| Median Positive | 13.5% | 8.4% | 5.6% |
| Median Negative | -15.9% | -16.6% | -15.7% |
| Max Positive | 17.9% | 18.3% | 61.9% |
| Max Negative | -37.1% | -37.4% | -43.6% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 6/15/2026 | -37.1% | -31.3% | 2.1% |
| 3/10/2026 | 13.5% | -10.3% | -39.5% |
| 12/4/2025 | -23.6% | -21.3% | -25.8% |
| 8/27/2025 | -12.8% | -16.6% | -10.2% |
| 3/6/2025 | 16.0% | 16.5% | -5.8% |
| 12/5/2024 | -18.1% | -20.7% | -27.0% |
| 8/29/2024 | -3.2% | -9.7% | -2.7% |
| 5/23/2024 | -2.2% | -6.6% | 3.6% |
| 3/7/2024 | -13.6% | -18.1% | -22.5% |
| 11/30/2023 | 7.3% | -6.3% | 5.6% |
| 8/24/2023 | -35.8% | -37.4% | -43.6% |
| 5/25/2023 | -13.7% | -9.4% | -2.9% |
| 3/6/2023 | -19.4% | -28.3% | -10.6% |
| 12/8/2022 | 17.9% | 7.5% | -14.5% |
| 8/25/2022 | -27.8% | -33.4% | -42.0% |
| 5/26/2022 | 13.8% | 9.2% | -0.4% |
| 3/1/2022 | 8.8% | -7.0% | 13.9% |
| 12/2/2021 | -25.9% | -22.9% | -24.3% |
| 8/26/2021 | -8.4% | -13.4% | -15.2% |
| 5/27/2021 | 1.3% | 2.3% | 25.8% |
| 3/11/2021 | -7.3% | -10.0% | -16.1% |
| 12/3/2020 | 17.3% | 18.3% | 61.9% |
| 9/3/2020 | 8.0% | 6.0% | 0.1% |
| SUMMARY STATS | |||
| # Positive | 9 | 6 | 7 |
| # Negative | 14 | 17 | 16 |
| Median Positive | 13.5% | 8.4% | 5.6% |
| Median Negative | -15.9% | -16.6% | -15.7% |
| Max Positive | 17.9% | 18.3% | 61.9% |
| Max Negative | -37.1% | -37.4% | -43.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 07/31/2026 | 09/03/2026 | 10-Q |
| 04/30/2026 | 06/15/2026 | 10-Q |
| 01/31/2026 | 04/16/2026 | 10-K |
| 10/31/2025 | 12/09/2025 | 10-Q |
| 07/31/2025 | 09/05/2025 | 10-Q |
| 04/30/2025 | 06/06/2025 | 10-Q |
| 01/31/2025 | 04/04/2025 | 10-K |
| 10/31/2024 | 12/10/2024 | 10-Q |
| 07/31/2024 | 09/06/2024 | 10-Q |
| 04/30/2024 | 06/07/2024 | 10-Q |
| 01/31/2024 | 03/28/2024 | 10-K |
| 10/31/2023 | 12/08/2023 | 10-Q |
| 07/31/2023 | 09/05/2023 | 10-Q |
| 04/30/2023 | 06/09/2023 | 10-Q |
| 01/31/2023 | 03/27/2023 | 10-K |
| 10/31/2022 | 12/09/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 07/31/2026 | 09/03/2026 | 10-Q |
| 04/30/2026 | 06/15/2026 | 10-Q |
| 01/31/2026 | 04/16/2026 | 10-K |
| 10/31/2025 | 12/09/2025 | 10-Q |
| 07/31/2025 | 09/05/2025 | 10-Q |
| 04/30/2025 | 06/06/2025 | 10-Q |
| 01/31/2025 | 04/04/2025 | 10-K |
| 10/31/2024 | 12/10/2024 | 10-Q |
| 07/31/2024 | 09/06/2024 | 10-Q |
| 04/30/2024 | 06/07/2024 | 10-Q |
| 01/31/2024 | 03/28/2024 | 10-K |
| 10/31/2023 | 12/08/2023 | 10-Q |
| 07/31/2023 | 09/05/2023 | 10-Q |
| 04/30/2023 | 06/09/2023 | 10-Q |
| 01/31/2023 | 03/27/2023 | 10-K |
| 10/31/2022 | 12/09/2022 | 10-Q |
| 07/31/2022 | 09/08/2022 | 10-Q |
| 04/30/2022 | 06/08/2022 | 10-Q |
| 01/31/2022 | 03/23/2022 | 10-K |
| 10/31/2021 | 12/10/2021 | 10-Q |
| 07/31/2021 | 09/09/2021 | 10-Q |
| 04/30/2021 | 06/09/2021 | 10-Q |
| 01/31/2021 | 04/01/2021 | 10-K |
| 10/31/2020 | 12/10/2020 | 10-Q |
| 07/31/2020 | 09/09/2020 | 10-Q |
| 04/30/2020 | 06/09/2020 | 10-Q |
| 01/31/2020 | 04/13/2020 | 10-K |
| 10/31/2019 | 12/12/2019 | 10-Q |
Insider Activity
Updated 7/16/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Thayne, Daren | CTO & EVP of Product | Direct | Sell | 6242026 | 2.38 | 52,365 | 124,503 | 1,184,166 | Form |
| 2 | Crane, Tod | Chief Financial Officer | Direct | Sell | 6242026 | 2.38 | 68,483 | 162,825 | 658,141 | Form |
| 3 | James, Joshua G | Founder and CEO | Direct | Sell | 6242026 | 2.38 | 96,088 | 228,459 | 3,896,584 | Form |
| 4 | Rpd, Fund Management Llc | See footnotes | Sell | 6032026 | 4.46 | 39,034 | 174,092 | 18,677,628 | Form | |
| 5 | Rpd, Fund Management Llc | See footnotes | Sell | 6032026 | 4.12 | 38,583 | 158,962 | 17,414,593 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Thayne, Daren | CTO & EVP of Product | Direct | Sell | 6242026 | 2.38 | 52,365 | 124,503 | 1,184,166 | Form |
| 2 | Crane, Tod | Chief Financial Officer | Direct | Sell | 6242026 | 2.38 | 68,483 | 162,825 | 658,141 | Form |
| 3 | James, Joshua G | Founder and CEO | Direct | Sell | 6242026 | 2.38 | 96,088 | 228,459 | 3,896,584 | Form |
| 4 | Rpd, Fund Management Llc | See footnotes | Sell | 6032026 | 4.46 | 39,034 | 174,092 | 18,677,628 | Form | |
| 5 | Rpd, Fund Management Llc | See footnotes | Sell | 6032026 | 4.12 | 38,583 | 158,962 | 17,414,593 | Form | |
| 6 | Rpd, Fund Management Llc | See footnotes | Sell | 6032026 | 3.84 | 23,869 | 91,657 | 16,379,236 | Form | |
| 7 | Rpd, Fund Management Llc | See footnotes | Sell | 6032026 | 3.71 | 27,439 | 101,799 | 15,913,284 | Form | |
| 8 | Rpd, Fund Management Llc | See footnotes | Sell | 6032026 | 3.68 | 15,828 | 58,247 | 15,885,581 | Form | |
| 9 | Rpd, Fund Management Llc | See footnotes | Sell | 6032026 | 3.65 | 11,837 | 43,205 | 15,813,851 | Form | |
| 10 | Rpd, Fund Management Llc | See footnotes | Sell | 6032026 | 3.56 | 20,870 | 74,297 | 15,466,060 | Form | |
| 11 | Rpd, Fund Management Llc | See footnotes | Sell | 6032026 | 3.79 | 32,955 | 124,899 | 16,544,370 | Form | |
| 12 | Rpd, Fund Management Llc | See footnotes | Sell | 6032026 | 3.66 | 16,628 | 60,858 | 16,097,500 | Form | |
| 13 | Rpd, Fund Management Llc | See footnotes | Sell | 6032026 | 3.49 | 22,683 | 79,164 | 15,407,833 | Form | |
| 14 | Rpd, Fund Management Llc | See footnotes | Sell | 6032026 | 2.56 | 1,100,900 | Form | |||
| 15 | Rpd, Fund Management Llc | See footnotes | Buy | 6032026 | 2.57 | 924,709 | 2,376,502 | 11,404,465 | Form | |
| 16 | Daniel, Daniel David Iii | Twenty Acre Capital managed accounts | Sell | 10082025 | 15.26 | 273,900 | Form |
Investor Activity (13F)
Updated Sep 21, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager |
|---|
Domo — Investor Video Playlist
Products & Services
Magic // Reloaded: New Canvas, New Tiles, and More from the September Release
Products & Services
Streamline RFP and Security Questionnaire Responses with Domo AI
Products & Services
From Dashboard to Decision Engine: Inside the AI Business Investigator
Products & Services
How to build and launch an AI Agent in Domo
Products & Services
Announcement 1: AI, Apps, and Agents
Products & Services
Announcement 2: Domo BI
Leadership
CEO Keynote and AI Demo with William West
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Application Software Resources |
| Capterra |
| Software Advice |
| InfoWorld |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.
Core Cache Last Updated: 9/20/2026