Exceeded Guidance and Positive Free Cash Flow
Domo exceeded guidance for billings, revenue, non-GAAP EPS, and adjusted free cash flow. They reported positive adjusted free cash flow for Q4 and expect this trend to continue in Q1 and fiscal year 2026.
Subscription RPO Growth
Subscription RPO growth accelerated to 14% year over year, with long-term subscription RPO growth accelerating to 38% year over year. RPO was over the $400 million mark for the first time.
Transition to Consumption Model
Domo's transition to a consumption model has seen significant progress, with 65% of ARR now on the consumption model, up from 5% two years ago. They aim for 90% by the end of fiscal year 2026.
AI and Partner Ecosystem Strategy
Domo's focus on AI and developing partnerships, particularly with cloud-based data warehouses, has led to new strategic deals and industry recognition. Their AI capabilities have won industry awards and are seen as a growth driver.
Improved Retention Rates
Gross retention improved to 85% for the third consecutive quarter. The consumption model customers had gross retention of over 90% and net retention of over 100%.