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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 19, 2026 DOMO, INC.
(Exact name of registrant as specified in its charter)
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Delaware | | 001-38553 | | 27-3687433 |
(State or other jurisdiction of incorporation or organization) | | (Commission File Number) | | (I.R.S. Employer Identification Number) |
802 East 1050 South
American Fork, UT 84003
(Address of principal executive offices, and Zip Code)
Registrant’s telephone number, including area code: (801) 899-1000
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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| Securities registered pursuant to Section 12(b) of the Act: |
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| Title of each class | | Trading symbol(s) | | Name of each exchange on which registered |
| Class B Common Stock, par value $0.001 per share | | DOMO | | The Nasdaq Global Market |
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| ☐ | Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). |
| ☐ | If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. |
Item 7.01. Regulation FD Disclosure
On February 19, 2026, Domo, Inc. (the “Company”), issued a press release announcing that its Board of Directors has initiated a formal process to explore strategic alternatives to maximize shareholder value. In the press release the Company also reaffirmed its guidance regarding revenue and non-GAAP net loss per share, basic and diluted, previously provided on December 4, 2025, for the fiscal year ended January 31, 2026. The full text of the press release is set forth in Exhibit 99.1 hereto and incorporated by reference herein.
The information in Item 7.01 of this Current Report on Form 8-K (including the accompanying Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing by the Company under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
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Exhibit
No. | | Description | |
| 99.1 | | Press Release of Domo, Inc. dated February 19, 2026 | |
| 104 | | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | DOMO, INC. |
Date: February 19, 2026 | |
By: | |
/s/ Tod Crane |
| | | | Tod Crane |
| | | | Chief Financial Officer |
Domo to Explore Strategic Alternatives and Reaffirms Certain FY2026 Guidance
Domo is proactively evaluating potential strategic alternatives to unlock shareholder value
SILICON SLOPES, Utah – February 19, 2026 – Domo, Inc. (Nasdaq: DOMO), 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.
For more information, visit www.domo.com. You can also follow Domo on LinkedIn, X, and Facebook.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements of our Chief Executive Officer, and statements regarding our performance and outlook, including guidance for our recently completed fiscal year. Forward-looking statements are subject to risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the caption "Risk Factors" and elsewhere in our filings with the SEC, including, without limitation, the Annual Report on Form 10-K filed with the SEC on April 4, 2025 or subsequent filings with the SEC. All information provided in this release and in the attachments is as of the date hereof, and we undertake no duty to update this information unless required by law.
Domo is a registered trademark of Domo, Inc.
Use of Non-GAAP Financial Measures
In this press release we reference non-GAAP net income (loss) per share (basic and diluted). In computing this non-GAAP financial measure, we exclude the effects of one or more of the following: stock-based compensation expense, amortization of certain intangible assets, executive officer severance, and remeasurement of warrant liability. We use this non-GAAP financial measure for financial and operational decision-making and to evaluate period-to-period comparisons. Our management believes that this non-GAAP financial measure provides meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our ongoing core business operating results. We believe that both management and investors benefit from referring to this non-GAAP financial measure in assessing our performance and when analyzing historical performance and planning, forecasting, and analyzing future periods. With respect to this guidance, please note that the Company is not providing a quantitative reconciliation because it is not available without unreasonable efforts. The Company does not currently have sufficient data to accurately estimate the variables and individual adjustments for such reconciliation and therefore the reconciliation has been omitted.
Media Contact:
Cory Edwards
VP Corporate Communications Domo
PR@domo.com
Investor Contact: Cameron Janke VP Finance
Domo IR@domo.com
