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Domo, Inc. 8-K Filings

DOMO NASDAQ

Every 8-K that Domo, Inc. (DOMO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow DOMO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DOMO filings page.

Rhea-AI Summary

Domo, Inc. adopted a tax benefits preservation plan on July 22, 2026 and declared a dividend of one preferred stock purchase right for each outstanding share of its Class A and Class B common stock, to stockholders of record at the close of business on August 4, 2026.

Each right initially allows the holder to buy one one‑thousandth of a share of new Series A or Series B Junior Participating Preferred Stock at an exercise price of $17.50 per Right, subject to adjustment. The plan is designed to protect Domo’s net operating losses and other tax attributes by deterring acquisitions that would cause an “ownership change” under Section 382 of the Internal Revenue Code, using a 4.9% beneficial ownership trigger. The rights are not exercisable until a specified distribution event, can be redeemed by the company for $0.001 per Right, and are scheduled to expire on July 20, 2029 unless earlier redeemed, exchanged, or terminated. The board also approved certificates of designation creating 3,264 shares of Series A and 500,000 shares of Series B preferred stock to support the plan.

Rhea-AI Summary

Domo, Inc. agreed to sell substantially all assets, employees and certain liabilities of its AI and Data Platform Business to Progress Software Corporation for an aggregate cash purchase price of approximately $400 million, subject to a downward adjustment if cash transferred at closing is below $25 million and for any indebtedness that is not repaid at or before closing. The board unanimously approved the deal, and majority stockholders have already delivered a written consent approving the transaction. There is no financing condition, and closing is subject to customary conditions, including antitrust clearance under the Hart‑Scott‑Rodino Act and mailing of an information statement to stockholders.

Domo will retain its net operating loss carryforwards and certain other tax attributes and does not intend to liquidate. At closing, it expects to hold approximately $246 million of net cash, or $4.84 per share, and to have a debt‑free balance sheet, while preserving more than $900 million of NOLs. The board adopted a Tax Benefits Preservation Plan to help protect these tax assets and plans to evaluate potential acquisitions that could utilize the NOLs, as well as options to return capital to stockholders. The agreement includes a $13.5 million termination fee payable to Progress in specified failure‑to‑close and competing‑proposal scenarios, and customary no‑shop and voting and support commitments from key stockholders.

Rhea-AI Summary

Domo, Inc. held its 2026 annual meeting of stockholders on July 14, 2026 at 9:00 a.m. Mountain Time. Class A shares carried forty votes per share and Class B shares one vote per share, voting together as a single class. Shares present in person or by proxy represented 165,310,450 votes, or 95.86% of the total voting power, constituting a quorum.

Stockholders elected eight directors, with "Votes For" ranging from 138,263,314 for Joshua G. James to 147,475,201 for Dan Strong, each receiving enough support to be elected. They also ratified Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending January 31, 2027 by 164,225,100 votes for, 449,388 against and 635,962 abstentions. An advisory "Say-On-Pay" proposal on executive compensation was approved with 144,640,298 votes for, 3,581,707 against, 86,506 abstentions and 17,001,939 broker non-votes.

Rhea-AI Summary

Domo, Inc. reported that Chief Technology Officer and Executive Vice President of Product, Daren Thayne, has decided to resign, effective July 10, 2026. He notified the company on June 22, 2026 and is leaving to accept another executive role outside Domo.

The company states that his resignation is not due to any disagreement regarding operations, policies, or practices. Thayne is expected to remain in his current role and assist with a transition of responsibilities through the effective date.

Domo notes it is in advanced negotiations around a potential transaction involving the company. In this context, it does not immediately plan to replace the CTO; instead, other members of management will assume his duties on an interim basis.

Rhea-AI Summary

Domo, Inc. reported fiscal first quarter 2027 results for the period ended April 30, 2026 and updated its strategic review. Total revenue was $79.4 million, with subscription revenue of $69.8 million and billings of $60.4 million. GAAP operating margin was negative 14%, while non-GAAP operating margin reached 6%. GAAP net loss was $14.2 million (or $0.33 per share) and non-GAAP net loss was $0.9 million (or $0.02 per share), based on 43.4 million weighted-average shares. Cash and cash equivalents were $39.1 million. The Board concluded that pursuing a strategic transaction is the best path to maximize shareholder value and the company is in advanced negotiations on a potential deal, though no definitive agreement has been signed. Domo disclosed it entered into a forbearance agreement after failing to meet a minimum annualized recurring revenue covenant under its credit facility and referenced going concern disclosure in its Form 10-Q. The company is not providing financial guidance and plans a conference call to discuss results and the review process.

Rhea-AI Summary

Domo, Inc. reported modest growth but significantly better profitability metrics for its fiscal fourth quarter and year ended January 31, 2026. In Q4, total revenue reached $79.6 million, up 1% year over year, driven by subscription revenue of $73.4 million, up 2%. Billings grew faster than revenue, rising 8% to $111.2 million, while subscription remaining performance obligations climbed 8% to $437.9 million, indicating a larger contracted backlog.

Profitability improved meaningfully. Q4 GAAP operating margin was negative 13%, a 2‑point improvement, while non‑GAAP operating margin rose to 10%, up 6 points. GAAP net loss for the quarter narrowed to $8.0 million, or $0.19 per share, and non‑GAAP net income reached $1.2 million, or $0.03 per diluted share. For fiscal 2026, revenue grew 1% to $318.9 million, GAAP operating margin improved to negative 12%, and non‑GAAP operating margin reached 6%.

Full‑year GAAP net loss declined to $59.3 million, or $1.45 per share, while non‑GAAP net loss was nearly breakeven at $1.3 million, or $0.03 per share. Operating cash flow swung to a positive $7.9 million, an improvement of $17.0 million year over year, and adjusted free cash flow improved to a modest outflow of $0.6 million. Cash and cash equivalents were $43.0 million as of January 31, 2026.

Rhea-AI Summary

Domo, Inc. announced that its Board of Directors has started a formal process to explore strategic alternatives to maximize shareholder value. Potential options may include a strategic investment, a sale, a strategic business combination or other transaction, with no assurance that any deal will occur or on what terms.

The Board has not set a timetable and does not plan to provide updates unless it decides additional disclosure is appropriate. At the same time, Domo reaffirmed its Fiscal 2026 guidance, expecting revenue between $317.5 million and $318.5 million and a non-GAAP net loss per share, basic and diluted, between $0.07 and $0.11, based on 41.0 million weighted-average shares outstanding.

Rhea-AI Summary

Domo, Inc. reported that it has entered into a separation and settlement agreement with its Chief Operating Officer, Mark Maughan, effective January 11, 2026. Under this agreement, Maughan has resigned as COO and will receive a cash payment of $1.5 million within 30 days of the effective date, immediate vesting of all his outstanding restricted stock units, and an additional 245,000 fully vested RSUs to be delivered over three years according to a set schedule. If a change in control occurs before all consideration is delivered, any unpaid amounts will be accelerated. Both parties have provided mutual releases of claims, and Maughan has agreed not to compete with the company during the consulting period. He will continue working with Domo as a consultant under a separate consulting agreement dated January 11, 2026.

Rhea-AI Summary

Domo, Inc. furnished an update on its business by issuing a press release with financial results for the fiscal quarter ended July 31, 2025. The company filed a current report to make this information available to investors and attached the full press release as Exhibit 99.1.

The disclosure states that the press release and related information are being furnished rather than filed, which limits how they are treated under certain securities law liability provisions and how they may be incorporated into other regulatory documents.

Rhea-AI Summary

Domo, Inc. (NASDAQ: DOMO) filed a Form 8-K disclosing the results of its 24 June 2025 Annual Meeting of Stockholders. Class A shares carried 40 votes each and Class B shares one vote each; together they represented 161,168,648 votes, or 96.22% of total voting power, satisfying quorum requirements.

Director elections: All nine nominees were re-elected for one-year terms. Individual support ranged from 90.2% of votes cast for Jeff Kearl to 99.9% for David Jolley. No alternative nominees were presented.

Auditor ratification: Stockholders ratified Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending 31 January 2026 with 159,434,702 votes for (98.2% of shares voted), 1,227,879 against, and 506,067 abstentions; there were no broker non-votes.

Say-on-Pay: The advisory proposal on executive compensation received 142,014,551 votes for (93.8%), 9,314,759 against, and 45,134 abstentions, with 9,794,204 broker non-votes.

The filing contains no earnings data, strategic transactions, or changes to capital structure. All items were routine governance matters and passed with strong majority support.