Domo to Explore Strategic Alternatives and Reaffirms Certain FY2026 Guidance
Domo, Inc. the AI and Data Products Platform provider, today announced that its Board of Directors has initiated a formal process to explore strategic alternatives to maximize shareholder value.
As part of the evaluation process, the Board will explore potential strategic alternatives that may include, but are not limited to, a strategic investment, sale, strategic business combination, or other transaction. There can be no assurance that this process will result in any specific outcome or transaction, or that any transaction, if pursued, will be completed on terms favorable to the Company, if at all. The Board has not set a timetable for completion of this evaluation process and does not intend to disclose or comment on developments related to the process unless and until it determines that further disclosure is appropriate or required.
“Domo has made significant progress in strengthening our product platform and expanding our AI capabilities, and we believe this is an appropriate time to evaluate opportunities that may further drive our growth strategy and maximize shareholder value,” said Josh James, Founder & CEO at Domo. “As we undertake this process, we remain focused on serving our customers who rely on Domo every day, supporting our employees, and growing our business.”
In connection with this announcement, the Company is reaffirming the following Fiscal 2026 guidance previously provided on December 4, 2025:
- Revenue is expected between $317.5 million and $318.5 million
- Non-GAAP net loss per share, basic and diluted, is expected to be between $0.07 and $0.11 based on 41.0 million weighted-average shares outstanding, basic and diluted
The Board has engaged Jefferies LLC as its financial advisor and Goodwin Procter LLP as its legal advisor.
About Domo
Domo is an AI and Data Products platform that helps companies of all sizes leverage data and AI to drive value in today’s data-driven world. Built around our customers’ preferred data foundation, powered by our award-winning Domo.AI solution, and enriched with our partner ecosystem, the Domo platform enables users to prepare, visualize, automate, distribute, and build end-to-end data products that provide solutions across the entire data journey. From hydrating your data foundation, to building fully embedded applications that can be shared with your employees and customers, to deploying AI models across a variety of providers, Domo gives users the ability to build data products that generate measurable value for the business.
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