US Market News
3週前
Ooma Reports Fiscal First Quarter 2027 Financial ResultsMay 26, 2026 4:15 PM
Business Wire Ooma, Inc. (NYSE: OOMA), a provider of advanced communications services for businesses and consumers, today released financial results for the fiscal first quarter ended April 30, 2026. First Quarter Fiscal 2027 Financial Highlights: Revenue: Total revenue was $81.1 million, up 25% year-over-year. Subscription and services revenue increased to $74.6 million from $60.3 million in the first quarter of fiscal 2026, and was 92% of total revenue, primarily driven by the growth of Ooma Business, including the December 2025 acquisitions of FluentStream and Phone.com. FluentStream and Phone.com, on a combined basis, contributed revenue of $11.5 million to the first quarter of fiscal 2027, including $11.2 million of business subscription revenue. Net Income/Loss: GAAP net income was $2.6 million, or $0.09 per diluted share, compared to GAAP net loss of $0.1 million, or $0.01 per basic and diluted share, in the first quarter of fiscal 2026. Non-GAAP net income was $9.7 million, or $0.35 per diluted share, compared to non-GAAP net income of $5.6 million, or $0.20 per diluted share, in the prior year period. Adjusted EBITDA: Adjusted EBITDA was $11.8 million, compared to $6.7 million in the first quarter of fiscal 2026. For more information about non-GAAP net income and Adjusted EBITDA, see the section below titled "Non-GAAP Financial Measures" and the reconciliation provided in this release. “Ooma achieved strong Q1 results, with revenue up 25% year over year to $81.1 million and non-GAAP net income up 73% year over year to $9.7 million,” said Eric Stang, chief executive officer of Ooma. “Adjusted EBITDA growth was similarly strong, with adjusted EBITDA up 78% year over year to $11.8 million. All of the company’s revenue lines performed well in Q1, including acceleration of AirDial sales, good organic growth from Ooma Business, and progress integrating the December FluentStream and Phone.com acquisitions. Several announcements were made in the quarter which are expected to contribute to Ooma’s future performance, including the introduction of new AirDial features that create further competitive differentiation, the launch of Ooma AI to assist Ooma Office customers with managing their communications, and the launch of MyPhone, a residential phone service specifically designed to provide kids a safer alternative to cell phones. Looking forward, we remain committed to growing in each of the four market segments we target: cloud communications for smaller-sized businesses, POTS replacement for both business and residential customers, wholesale platform services, and residential telephony. We expect to continue to see accelerating market demand for AirDial and to derive further contributions from our acquisitions of FluentStream and Phone.com.” Business Outlook: For the second quarter of fiscal 2027, Ooma expects: Total revenue in the range of $81.6 million to $82.3 million. GAAP net income in the range of $2.7 million to $3.1 million and GAAP net income per share in the range of $0.10 to $0.11. Non-GAAP net income in the range of $9.4 million to $9.8 million and non-GAAP net income per share in the range of $0.33 to $0.34. For the full fiscal year 2027, Ooma expects: Total revenue in the range of $326.0 million to $328.5 million. GAAP net income in the range of $10.5 million to $12.0 million, and GAAP net income per share in the range of $0.37 to $0.42. Non-GAAP net income in the range of $37.5 million to $39.0 million, and non-GAAP net income per share in the range of $1.29 to $1.34. The following is a reconciliation of GAAP net income to non-GAAP net income and GAAP diluted net income per share to non-GAAP diluted net income per share guidance for the second fiscal quarter ending July 31, 2026 and the fiscal year ending January 31, 2027 (in millions, except per share data): Projected range Three Months Ending Fiscal Year Ending July 31, 2026 January 31, 2027 (unaudited) GAAP net income $2.7-$3.1 $10.5-$12.0 Stock-based compensation and related taxes 3.7 14.5 Amortization of intangible assets 3.0 12.1 Restructuring costs — 0.4 Non-GAAP net income $9.4-$9.8 $37.5-$39.0 GAAP net income per share $0.10-$0.11 $0.37-$0.42 Stock-based compensation and related taxes 0.13 0.49 Amortization of intangible assets 0.10 0.42 Restructuring costs — 0.01 Non-GAAP net income per share $0.33-$0.34 $1.29-$1.34 Weighted-average number of shares used in per share amounts: Basic 27.6 27.7 Diluted 28.9 29.1 Conference Call Information: The company will host a conference call and live webcast for analysts and investors at 5:00 p.m., Eastern time on May 26, 2026. The news release with the financial results will be accessible from the company's website prior to the conference call. To access the call by phone, please visit https://register-conf.media-server.com/register/BIb8e2b1663ce94b878431f3ecef8ca420 to register and receive the dial-in details. To avoid delays, Ooma encourages participants to dial into the conference call ten minutes ahead of the scheduled start time. For webcast listening, please visit Ooma’s Events & Presentations page https://investors.ooma.com/news-events/events-presentation for a link. Following the call, an archived version of the webcast will be available on the Ooma investor relations site at https://investors.ooma.com for 12 months. Non-GAAP Financial Measures In addition to disclosing financial measures prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), this press release and the accompanying tables contain certain non-GAAP financial measures, including: non-GAAP net income, non-GAAP net income per share, non-GAAP gross profit and gross margin, non-GAAP operating income, and Adjusted EBITDA. Adjusted EBITDA represents net income before interest and other expense (income), income taxes, depreciation and amortization of capital expenditures, amortization of intangible assets, stock-based compensation and related taxes, litigation costs and restructuring costs. Other non-GAAP financial measures exclude stock-based compensation expense and related taxes, amortization of intangible assets, certain non-recurring gains and charges, such as litigation costs and restructuring costs. Non-GAAP weighted-average diluted shares include the effect of potentially dilutive securities from the company’s stock-based benefit plans. These non-GAAP financial measures are presented to provide investors with additional information regarding our financial results and core business operations. Ooma considers these non-GAAP financial measures to be useful measures of the operating performance of the company, because they contain adjustments for unusual events or factors that do not directly affect what management considers to be Ooma's core operating performance and are used by the company's management for that purpose. Management also believes that these non-GAAP financial measures allow for a better evaluation of the company's performance by facilitating a meaningful comparison of the company's core operating results in a given period to those in prior and future periods. In addition, investors often use similar measures to evaluate the operating performance of a company. Non-GAAP financial measures are presented for supplemental informational purposes only to aid an understanding of the company's operating results. The non-GAAP financial measures should not be considered a substitute for financial information presented in accordance with GAAP and may be different from non-GAAP financial measures presented by other companies. A limitation of the non-GAAP financial measures presented is that the adjustments relate to items that the company generally expects to continue to recognize. The adjustment of these items should not be construed as an inference that the adjusted gains or expenses are unusual, infrequent or non-recurring. Therefore, both GAAP financial measures of Ooma's financial performance and the respective non-GAAP measures should be considered together. Please see the reconciliation of non-GAAP financial measures to the most directly comparable GAAP measure in the tables below. Disclosure Information Ooma uses the investor relations section on its website as a means of complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor Ooma's investor relations website in addition to following Ooma's press releases, Securities and Exchange Commission (“SEC”) filings, and public conference calls and webcasts. Legal Notice Regarding Forward-Looking Statements This press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995. In particular, the financial projections under “Business Outlook” and the statements contained in the quotations of our Chief Executive Officer may constitute forward-looking statements. Forward-looking statements can be identified by the fact that they do not relate strictly to historical facts and generally contain words such as "believes”, "expects”, "may”, "will”, "should”, "seeks”, "approximately”, "intends”, "plans”, "estimates”, "anticipates”, and other expressions that are predictions of or indicate future events. Although the forward-looking statements contained in this press release are based upon information available at the time the statements are made and reflect management's good faith beliefs, forward-looking statements inherently involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to differ materially from anticipated future results. Important factors that could cause actual results to differ materially from expectations include, among others: our ability to successfully integrate FluentStream and Phone.com and to achieve expected benefits from these acquisitions; our inability to attract new customers on a cost-effective basis; our inability to retain customers; failure to realize AirDial opportunities; intense competition; loss of key retailers and reseller partnerships; our inability to realize expected returns from our investments made in connection with our international operations and development of new product features; our reliance on vendors to manufacture the on-premise appliances and end-point devices we sell; our reliance on third parties for our network connectivity and co-location facilities; our reliance on third parties for some of our software development, quality assurance and operations; our reliance on third parties to provide the majority of our customer service and support representatives; and interruptions to our service. You should not place undue reliance on these forward-looking statements, which speak only as of the date hereof. We do not undertake to update or revise any forward-looking statements after they are made, whether as a result of new information, future events, or otherwise, except as required by applicable law. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings which we make with the SEC from time to time, including the risk factors contained in our Annual Report on Form 10-K for the year ended January 31, 2026, filed with the SEC on April 3, 2026. The forward-looking statements in this press release are based on information available to Ooma as of the date hereof, and Ooma disclaims any obligation to update any forward-looking statements, except as required by law. About Ooma, Inc. Ooma (NYSE: OOMA) delivers phone, messaging, video and advanced communications services that are easy to implement and provide great value. Founded in 2003, the company offers Ooma Office for small to medium-sized businesses seeking enterprise-grade features designed for their needs; Ooma AirDial for any business looking to replace aging and increasingly expensive copper phone lines; Ooma 2600Hz for businesses that provide their own communications solutions built on an outsourced underlying platform; and Ooma Telo for residential consumers who value a landline experience at a more affordable price point. Ooma’s award-winning solutions power more than 2 million users today. Learn more at www.ooma.com in the United States or www.ooma.ca in Canada. OOMA, INC CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited, amounts in thousands) April 30, January 31, 2026 2026 Assets Current assets: Cash and cash equivalents $ 17,162 $ 20,144 Accounts receivable, net 12,343 11,833 Inventories 18,000 16,172 Other current assets 19,869 18,590 Total current assets 67,374 66,739 Property and equipment, net 14,165 13,330 Operating lease right-of-use assets 13,904 14,198 Intangible assets, net 59,316 62,478 Goodwill 50,427 49,827 Other assets 21,673 20,965 Total assets $ 226,859 $ 227,537 Liabilities and stockholders' equity Current liabilities: Accounts payable $ 14,348 $ 8,275 Accrued expenses and other current liabilities 35,592 39,292 Current portion of debt, net 4,623 6,373 Deferred revenue 17,095 17,787 Total current liabilities 71,658 71,727 Long-term operating lease liabilities 10,630 10,988 Debt, net of current portion 48,295 51,514 Other liabilities 392 392 Total liabilities 130,975 134,621 Stockholders' equity: Common stock 5 5 Additional paid-in capital 227,017 226,631 Accumulated deficit (131,138 ) (133,720 ) Total stockholders' equity 95,884 92,916 Total liabilities and stockholders' equity $ 226,859 $ 227,537 OOMA, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited, amounts in thousands, except share and per share data) Three Months Ended April 30,
2026 April 30,
2025 Revenue: Subscription and services $ 74,594 $ 60,259 Product and other 6,555 4,770 Total revenue 81,149 65,029 Cost of revenue: Subscription and services 21,856 18,061 Product and other 8,623 6,759 Total cost of revenue 30,479 24,820 Gross profit 50,670 40,209 Operating expenses: Sales and marketing 22,266 19,755 Research and development 15,030 12,442 General and administrative 9,866 8,069 Total operating expenses 47,162 40,266 Income (loss) from operations 3,508 (57 ) Interest and other (expense) income, net (770 ) 163 Income before income taxes 2,738 106 Income tax provision (156 ) (247 ) Net income (loss) $ 2,582 $ (141 ) Net income (loss) per share of common stock: Basic $ 0.09 $ (0.01 ) Diluted $ 0.09 $ (0.01 ) Weighted-average shares of common stock outstanding: Basic 27,495,292 27,445,911 Diluted 28,098,180 27,445,911 OOMA, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited, amounts in thousands) Three Months Ended April 30,
2026 April 30,
2025 Cash flows from operating activities: Net income (loss) $ 2,582 $ (141 ) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Stock-based compensation expense 3,499 3,936 Depreciation and amortization of capital expenditures 1,177 944 Amortization of intangible assets 3,162 1,406 Amortization of operating lease right-of-use assets 869 792 Other 31 38 Changes in operating assets and liabilities: Accounts receivable, net (510 ) (126 ) Inventories and deferred inventory costs (1,828 ) (1,045 ) Prepaid expenses and other assets (2,188 ) 1,251 Accounts payable, accrued expenses and other liabilities 299 (2,721 ) Deferred revenue (692 ) (631 ) Net cash provided by operating activities 6,401 3,703 Cash flows from investing activities: Capital expenditures (1,471 ) (1,223 ) Business acquisition, working capital adjustments 357 — Net cash used in investing activities (1,114 ) (1,223 ) Cash flows from financing activities: Shares repurchased for tax withholdings on vesting of restricted stock units (1,356 ) (1,448 ) Payments for repurchases of common stock (3,254 ) (2,203 ) Proceeds from issuance of common stock 1,341 2,288 Repayments of debt (5,000 ) — Net cash used in financing activities (8,269 ) (1,363 ) Net (decrease) increase in cash and cash equivalents (2,982 ) 1,117 Cash and cash equivalents, at beginning of period 20,144 17,871 Cash and cash equivalents, at end of period $ 17,162 $ 18,988 OOMA, INC. Reconciliation of Non-GAAP Financial Measures (Unaudited, amounts in thousands, except percentages, shares and per share data) Three Months Ended April 30,
2026 April 30,
2025 Revenue $ 81,149 $ 65,029 GAAP gross profit $ 50,670 $ 40,209 Stock-based compensation and related taxes 223 244 Amortization of intangible assets 1,052 708 Restructuring costs 86 — Non-GAAP gross profit $ 52,031 $ 41,161 Gross margin on a GAAP basis 62 % 62 % Gross margin on a Non-GAAP basis 64 % 63 % GAAP operating income (loss) $ 3,508 $ (57 ) Stock-based compensation and related taxes 3,618 4,068 Amortization of intangible assets 3,162 1,406 Restructuring costs 377 — Litigation costs — 307 Non-GAAP operating income $ 10,665 5,724 GAAP net income (loss) $ 2,582 $ (141 ) Stock-based compensation and related taxes 3,618 4,068 Amortization of intangible assets 3,162 1,406 Restructuring costs 377 — Litigation costs — 307 Non-GAAP net income $ 9,739 $ 5,640 GAAP basic net income (loss) per share $ 0.09 $ (0.01 ) Stock-based compensation and related taxes 0.14 0.14 Amortization of intangible assets 0.11 0.05 Restructuring costs 0.01 — Litigation costs — 0.01 Non-GAAP net income per diluted share $ 0.35 $ 0.20 GAAP weighted-average basic shares 27,495,292 27,445,911 GAAP weighted-average diluted shares 28,098,180 27,445,911 Non-GAAP weighted-average diluted shares 28,098,180 28,221,436 GAAP net income (loss) $ 2,582 $ (141 ) Reconciling items: Interest and other expense (income), net 770 (163 ) Income tax provision 156 247 Depreciation and amortization of capital expenditures 1,177 944 Amortization of intangible assets 3,162 1,406 Stock-based compensation and related taxes 3,618 4,068 Restructuring costs 377 — Litigation costs — 307 Adjusted EBITDA $ 11,842 $ 6,668 View source version on businesswire.com: https://www.businesswire.com/news/home/20260526970166/en/ INVESTOR CONTACT:
Matthew S. Robison
Director of IR and Corporate Development
Ooma, Inc.
US Market News
1月前
Ooma Introduces Ooma AI to Streamline Business Call Management and Transform Customer ExperiencesMay 12, 2026 5:00 AM
Business Wire AI Transcriptions, AI Answering Service, AI Receptionist, AI Insights, and OpenAI Integration for Ooma Office automate call summaries and front-line call handling Ooma, Inc., a provider of advanced communications services for businesses and consumers, today announced the introduction of Ooma AI, a suite of new AI-powered capabilities for Ooma Office, including AI Transcriptions, AI Answering Service, AI Receptionist (beta), AI Insights (beta), and an OpenAI integration. These features help businesses automatically capture, summarize, interact with, and analyze call information while improving responsiveness and overall call-handling efficiency. Ooma AI capabilities create a more automated, intelligent call workflow — helping businesses reduce manual effort, respond faster to customers, and turn everyday conversations into actionable insights. AI Transcriptions — Converts call recordings into searchable text and concise summaries, with Ask AI to extract key details and insights from individual calls. AI Answering Service — Acts as an intelligent virtual phone agent that answers missed calls and captures key details for follow-up. AI Receptionist (Beta) — Extends these capabilities with a more advanced, always-on virtual front desk for managing customer interactions. AI Insights (Beta) — Analyzes customer conversations to extract key call topics, categories, sentiment, and enhanced call analytics, with Ask AI to extract key details. “By embedding AI directly into the Ooma Office UCaaS platform, we’re not just adding features — we’re fundamentally transforming how teams connect, collaborate, and make decisions,” said Dennis Peng, senior vice president, product management at Ooma. “Ooma AI helps businesses automate routine tasks and deliver real-time insights, empowering organizations to move faster, work smarter, and focus on what truly drives value: meaningful human interaction.” AI Transcriptions AI Transcriptions automatically generates accurate call transcripts and summaries that can be searched, shared, and referenced across teams. This makes it easier for sales, service, and operations staff to review conversations, confirm next steps, and track commitments without replaying recordings or relying on manual notes. Businesses can also use the Ask AI feature to ask further questions about the contents of a call in more depth, including quickly extracting key details, action items, and insights. Included with Ooma Office Pro Plus, AI Transcriptions is now available at no additional charge to subscribers, making advanced call intelligence accessible to businesses as part of their existing communications workflow. For businesses that are already OpenAI subscribers, Ooma offers an integration with OpenAI’s API service. When enabled, recorded calls in Ooma Office Pro Plus can be transcribed using ChatGPT with summaries and full transcripts displayed directly within Ooma Office. AI Answering Service AI Answering Service uses generative AI to answer calls, greet customers, provide company information, respond to FAQs, and capture caller details — including contact information, reason for calling, urgency, and callback preferences — along with AI-generated transcripts and summaries. This feature can eliminate missed calls, call abandonment, and voicemails while helping businesses maintain professional call coverage and a consistent caller experience — even during peak periods and after hours. AI Answering Service is offered starting at just $14.99 per license, including 40 minutes of use per month. Businesses can add additional usage tiers as needed. Based on Ooma usage data, the typical interaction averages approximately two minutes, helping organizations plan capacity and cost with predictability. AI Answering Service provides an automation layer for front-office call handling, helping teams extend coverage without adding headcount. AI Receptionist (Beta) For businesses that require additional voice agent functionality, AI Receptionist acts as a virtual front desk, answering every call 24/7, handling complex customer inquiries, intelligently routing calls when needed, booking appointments, sending SMS follow-ups, and offering multiple voice options. AI Receptionist will be offered starting at $49.99 per license, including 100 minutes of use per month with additional usage tiers available. Both AI Answering Service and AI Receptionist can be added to any Ooma Office plan and configured and deployed in minutes — no code required. AI Insights (Beta) AI Insights, which will be included with Ooma Office Pro Plus, provides businesses with an intuitive dashboard of call analytics and performance metrics. It analyzes customer conversations to automatically extract key call topics, trends, categories, customer sentiment, and enhanced call analytics, enabling businesses to better understand why customers call, identify operational issues, measure service quality, and discover opportunities for revenue growth. AI Insights also includes an “Ask AI” feature where businesses can ask Ooma AI specific questions such as: Why are customers calling this week? Are complaints increasing? Which issues are driving repeat calls? Are customer interactions trending more positive or negative? For businesses that have standardized on OpenAI, Ooma offers an integration with OpenAI’s API service. When enabled, recorded calls in Ooma Office Pro Plus can be transcribed using ChatGPT with full transcripts, summaries, and insights displayed directly within Ooma Office. “By embedding additional AI capabilities into the Ooma Office platform, we’re making advanced call handling and conversation intelligence easier for everyday businesses to adopt,” added Peng. “These features are designed to deliver practical productivity gains and better caller experiences, not additional complexity. This launch represents the first phase of our Ooma AI rollout, with additional AI-driven capabilities planned for future releases, including AI Receptionist and AI Insights currently in beta.” AI Transcriptions, AI Answering Service, and the OpenAI integration is available today. AI Receptionist and AI Insights will be fully available in the coming weeks. For more information on Ooma AI and getting started, visit http://www.ooma.com. About Ooma Ooma (NYSE: OOMA) delivers phone, messaging, video and advanced communications services that are easy to implement and provide great value. Founded in 2003, the company offers Ooma Office for small to medium-sized businesses seeking enterprise-grade features designed for their needs; Ooma AirDial for any business looking to replace aging and increasingly expensive copper phone lines; Ooma 2600Hz for businesses that provide their own communications solutions built on an outsourced underlying platform; and Ooma Telo for residential consumers who value a landline experience at a more affordable price point. Ooma’s award-winning solutions power more than 2 million users today. Learn more at www.ooma.com in the United States or www.ooma.ca in Canada. View source version on businesswire.com: https://www.businesswire.com/news/home/20260512573106/en/ MEDIA CONTACT:
Jim Gustke, Ooma
press@ooma.com INVESTOR CONTACT:
Matt Robison, Ooma
US Market News
4月前
Ooma Reports Fourth Quarter and Fiscal Year 2026 Financial ResultsMarch 4, 2026 4:15 PM
Business Wire
Ooma, Inc. (NYSE: OOMA), a provider of advanced communications services for businesses and consumers, today released financial results for the fiscal fourth quarter and year ended January 31, 2026.
Fourth Quarter Fiscal 2026 Financial Highlights:
Revenue: Total revenue was $74.6 million, up 15% year-over-year. Subscription and services revenue increased to $68.7 million from $60.6 million in the fourth quarter of fiscal 2025, and was 92% of total revenue, primarily driven by the growth of Ooma Business. The December 2025 acquisitions of FluentStream and Phone.com, on a combined basis, contributed revenue of $6.1 million to the fourth quarter fiscal 2026, including $6.0 million of business subscription revenue.
Net Income/Loss: GAAP net income was $4.0 million, or $0.14 per diluted share, compared to GAAP net loss of $0.3 million, or $0.01 per basic and diluted share, in the fourth quarter of fiscal 2025. GAAP net income in the fourth quarter of fiscal 2026 includes the tax benefit from the release of $2.5 million in valuation allowances resulting from the recording of certain intangible assets in connection with the Phone.com acquisition. Non-GAAP net income was $9.4 million, or $0.34 per diluted share, compared to non-GAAP net income of $5.8 million, or $0.21 per diluted share in the prior year period.
Adjusted EBITDA: Adjusted EBITDA was $11.5 million, compared to $6.9 million in the fourth quarter of fiscal 2025.
Full Year Fiscal 2026 Financial Highlights:
Revenue: Total revenue was $273.6 million, up 7% year-over-year. Subscription and services revenue increased to $252.0 million from $238.6 million in fiscal 2025, and was 92% of total revenue, primarily driven by the growth of Ooma Business, including the acquisitions of FluentStream and Phone.com, as described above.
Net Income/Loss: GAAP net income was $6.5 million, or $0.23 per diluted share, compared to GAAP net loss of $6.9 million, or $0.26 per basic and diluted share, in fiscal 2025. GAAP net income in fiscal 2026 includes the tax benefit from the release of $2.5 million in valuation allowances in the fourth quarter described above. Non-GAAP net income was $29.2 million, or $1.04 per diluted share, compared to non-GAAP net income of $18.0 million, or $0.66 per diluted share in the prior fiscal year.
Adjusted EBITDA: Adjusted EBITDA was $33.9 million, compared to $23.3 million in fiscal 2025.
For more information about non-GAAP net income and Adjusted EBITDA, see the section below titled "Non-GAAP Financial Measures" and the reconciliation provided in this release.
“Ooma delivered strong Q4 results with $74.6 million in revenue, $9.4 million of non-GAAP net income and $10.7m of cash from operations,” said Eric Stang, chief executive officer of Ooma. “We closed fiscal year 2026 on a high note with record sales of AirDial and the completion of our acquisitions of FluentStream and Phone.com. For our full fiscal year 2026, we grew business subscription services revenue by 10% year over year and non-GAAP net income by 62% year over year. Looking forward to fiscal year 2027, we are focused on growing in each of the four segments we target: cloud communications for smaller-sized businesses, POTS replacement for both business and residential customers, wholesale platform services, and residential telephony. We particularly see opportunity to expand our sales of AirDial, driven by our expectation of growing market momentum for POTS replacement, and opportunity to leverage our recent acquisitions of FluentStream and Phone.com to realize scale economies and capture new growth potential.”
Business Outlook:
For the first quarter of fiscal 2027, Ooma expects:
Total revenue in the range of $79.6 million to $80.4 million.
GAAP net income in the range of $2.3 million to $2.7 million and GAAP net income per share in the range of $0.08 to $0.10.
Non-GAAP net income in the range of $8.8 million to $9.2 million and non-GAAP net income per share in the range of $0.31 to $0.33.
For the full fiscal year 2027, Ooma expects:
Total revenue in the range of $321 million to $325 million.
GAAP net income in the range of $9.3 million to $10.8 million, and GAAP net income per share in the range of $0.33 to $0.38.
Non-GAAP net income in the range of $35.5 million to $37.0 million, and non-GAAP net income per share in the range of $1.26 to $1.31.
The following is a reconciliation of GAAP net income to non-GAAP net income and GAAP diluted net income per share to non-GAAP diluted net income per share guidance for the first fiscal quarter ending April 30, 2026 and the fiscal year ending January 31, 2027 (in millions, except per share data):
Projected range
Three Months Ending
Fiscal Year Ending
April 30, 2026
January 31, 2027
(unaudited)
GAAP net income
$2.3-$2.7
$9.3-10.8
Stock-based compensation and related taxes
3.3
14.2
Amortization of intangible assets
3.2
12.0
Non-GAAP net income
$8.8-$9.2
$35.5-$37.0
GAAP net income per share
$0.08-$0.10
$0.33-$0.38
Stock-based compensation and related taxes
0.12
0.50
Amortization of intangible assets
0.11
0.43
Non-GAAP net income per share
$0.31-$0.33
$1.26-$1.31
Weighted-average number of shares used in per share amounts:
Basic
27.7
28.0
Diluted
28.0
28.2
Conference Call Information:
The company will host a conference call and live webcast for analysts and investors at 5:00 p.m., Eastern time on March 4, 2026. The news release with the financial results will be accessible from the company's website prior to the conference call.
To access the call by phone, please visit https://register-conf.media-server.com/register/BIecc39409caf643709ef5fe469f156982 to register and receive the dial-in details. To avoid delays, Ooma encourages participants to dial into the conference call ten minutes ahead of the scheduled start time. For webcast listening, please visit Ooma’s Events & Presentations page https://investors.ooma.com/news-events/events-presentation for a link.
Following the call, an archived version of the webcast will be available on the Ooma investor relations site at https://investors.ooma.com for 12 months.
Non-GAAP Financial Measures
In addition to disclosing financial measures prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), this press release and the accompanying tables contain certain non-GAAP financial measures, including: non-GAAP net income, non-GAAP net income per share, non-GAAP gross profit and gross margin, non-GAAP operating income, and Adjusted EBITDA. Adjusted EBITDA represents net income before interest and other expense (income), income taxes, depreciation and amortization of capital expenditures, amortization of intangible assets, stock-based compensation and related taxes, acquisition-related costs, litigation costs, restructuring costs and gain on note conversion.
Other non-GAAP financial measures exclude stock-based compensation expense and related taxes, amortization of intangible assets, certain non-recurring gains and charges, such as acquisition-related costs, acquisition-related income tax benefit, litigation costs, restructuring costs and gain on note conversion. Non-GAAP weighted-average diluted shares include the effect of potentially dilutive securities from the company’s stock-based benefit plans.
These non-GAAP financial measures are presented to provide investors with additional information regarding our financial results and core business operations. Ooma considers these non-GAAP financial measures to be useful measures of the operating performance of the company, because they contain adjustments for unusual events or factors that do not directly affect what management considers to be Ooma's core operating performance and are used by the company's management for that purpose. Management also believes that these non-GAAP financial measures allow for a better evaluation of the company's performance by facilitating a meaningful comparison of the company's core operating results in a given period to those in prior and future periods. In addition, investors often use similar measures to evaluate the operating performance of a company.
Non-GAAP financial measures are presented for supplemental informational purposes only to aid an understanding of the company's operating results. The non-GAAP financial measures should not be considered a substitute for financial information presented in accordance with GAAP and may be different from non-GAAP financial measures presented by other companies. A limitation of the non-GAAP financial measures presented is that the adjustments relate to items that the company generally expects to continue to recognize. The adjustment of these items should not be construed as an inference that the adjusted gains or expenses are unusual, infrequent or non-recurring. Therefore, both GAAP financial measures of Ooma's financial performance and the respective non-GAAP measures should be considered together. Please see the reconciliation of non-GAAP financial measures to the most directly comparable GAAP measure in the tables below.
Disclosure Information
Ooma uses the investor relations section on its website as a means of complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor Ooma's investor relations website in addition to following Ooma's press releases, Securities and Exchange Commission (“SEC”) filings, and public conference calls and webcasts.
Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995. In particular, the financial projections under “Business Outlook” and the statements contained in the quotations of our Chief Executive Officer may constitute forward-looking statements. Forward-looking statements can be identified by the fact that they do not relate strictly to historical facts and generally contain words such as "believes”, "expects”, "may”, "will”, "should”, "seeks”, "approximately”, "intends”, "plans”, "estimates”, "anticipates”, and other expressions that are predictions of or indicate future events. Although the forward-looking statements contained in this press release are based upon information available at the time the statements are made and reflect management's good faith beliefs, forward-looking statements inherently involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to differ materially from anticipated future results. Important factors that could cause actual results to differ materially from expectations include, among others: our ability to retain the former employees, customers and users of FluentStream and Phone.com, our ability to successfully integrate the acquired companies and to achieve expected benefits from the acquisitions; our inability to attract new customers on a cost-effective basis; our inability to retain customers; failure to realize AirDial opportunities; intense competition; loss of key retailers and reseller partnerships; our inability to realize expected returns from our investments made in connection with our international operations and development of new product features; our reliance on vendors to manufacture the on-premise appliances and end-point devices we sell; our reliance on third parties for our network connectivity and co-location facilities; our reliance on third parties for some of our software development, quality assurance and operations; our reliance on third parties to provide the majority of our customer service and support representatives; and interruptions to our service. You should not place undue reliance on these forward-looking statements, which speak only as of the date hereof. We do not undertake to update or revise any forward-looking statements after they are made, whether as a result of new information, future events, or otherwise, except as required by applicable law.
The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings which we make with the SEC from time to time, including the risk factors contained in our Quarterly Report on Form 10-Q for the quarter ended October 31, 2025, filed with the SEC on December 9, 2025. The forward-looking statements in this press release are based on information available to Ooma as of the date hereof, and Ooma disclaims any obligation to update any forward-looking statements, except as required by law.
About Ooma, Inc.
Ooma (NYSE: OOMA) delivers phone, messaging, video and advanced communications services that are easy to implement and provide great value. Founded in 2003, the company offers Ooma Office for small to medium-sized businesses seeking enterprise-grade features designed for their needs; Ooma AirDial for any business looking to replace aging and increasingly expensive copper phone lines; Ooma 2600Hz for businesses that provide their own communications solutions built on an outsourced underlying platform; and Ooma Telo for residential consumers who value a landline experience at a more affordable price point. Ooma’s award-winning solutions power more than 2 million users today. Learn more at www.ooma.com in the United States or www.ooma.ca in Canada.
OOMA, INC
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited, amounts in thousands)
January 31,
January 31,
2026
2025
Assets
Current assets:
Cash and cash equivalents
$
20,144
$
17,871
Accounts receivable, net
11,833
8,040
Inventories
16,172
13,068
Other current assets
18,590
17,198
Total current assets
66,739
56,177
Property and equipment, net
13,330
11,982
Operating lease right-of-use assets
14,198
15,311
Intangible assets, net
62,478
22,184
Goodwill
49,827
23,069
Other assets
20,965
20,472
Total assets
$
227,537
$
149,195
Liabilities and stockholders' equity
Current liabilities:
Accounts payable
$
8,275
$
6,007
Accrued expenses and other current liabilities
39,292
29,067
Current portion of debt, net
6,373
—
Deferred revenue
17,787
16,586
Total current liabilities
71,727
51,660
Long-term operating lease liabilities
10,988
12,234
Debt, net of current portion
51,514
—
Other liabilities
392
23
Total liabilities
134,621
63,917
Stockholders' equity:
Common stock
5
5
Additional paid-in capital
226,631
225,452
Accumulated deficit
(133,720
)
(140,179
)
Total stockholders' equity
92,916
85,278
Total liabilities and stockholders' equity
$
227,537
$
149,195
OOMA, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited, amounts in thousands, except share and per share data)
Three Months Ended
Fiscal Year Ended
January 31,
2026
January 31,
2025
January 31,
2026
January 31,
2025
Revenue:
Subscription and services
$
68,664
$
60,551
$
252,015
$
238,641
Product and other
5,920
4,546
21,587
18,211
Total revenue
74,584
65,097
273,602
256,852
Cost of revenue:
Subscription and services
20,103
18,079
75,256
71,199
Product and other
8,409
7,085
31,106
29,635
Total cost of revenue
28,512
25,164
106,362
100,834
Gross profit
46,072
39,933
167,240
156,018
Operating expenses:
Sales and marketing
20,318
19,365
78,341
77,325
Research and development
13,221
12,620
50,259
54,287
General and administrative
10,428
8,269
34,384
31,346
Total operating expenses
43,967
40,254
162,984
162,958
Income (loss) from operations
2,105
(321
)
4,256
(6,940
)
Interest and other (expense) income, net
(432
)
(35
)
117
799
Income (Loss) before income taxes
1,673
(356
)
4,373
(6,141
)
Income tax benefit (provision)
2,279
95
2,086
(760
)
Net income (loss)
$
3,952
$
(261
)
$
6,459
$
(6,901
)
Net income (loss) per share of common stock:
Basic
$
0.14
$
(0.01
)
$
0.23
$
(0.26
)
Diluted
$
0.14
$
(0.01
)
$
0.23
$
(0.26
)
Weighted-average shares of common stock outstanding:
Basic
27,556,621
27,097,223
27,550,814
26,685,598
Diluted
27,850,080
27,097,223
28,116,327
26,685,598
OOMA, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited, amounts in thousands)
Three Months Ended
Fiscal Year Ended
January 31,
2026
January 31,
2025
January 31,
2026
January 31,
2025
Cash flows from operating activities:
Net income (loss)
$
3,952
$
(261
)
$
6,459
$
(6,901
)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Stock-based compensation expense
3,585
4,440
14,918
17,915
Depreciation and amortization of capital expenditures
1,381
1,151
4,395
4,294
Amortization of intangible assets
2,388
1,406
6,606
5,767
Amortization of operating lease right-of-use assets
854
783
3,324
3,074
Deferred income tax benefit
(2,548
)
—
(2,548
)
—
Gain on note conversion
—
—
—
(980
)
Other
74
96
151
243
Changes in operating assets and liabilities:
Accounts receivable, net
(1,790
)
185
(2,577
)
1,824
Inventories and deferred inventory costs
(884
)
25
(3,150
)
6,639
Prepaid expenses and other assets
91
(129
)
(1,153
)
(2,659
)
Accounts payable, accrued expenses and other liabilities
4,133
513
1,421
(2,163
)
Deferred revenue
(533
)
(367
)
(156
)
(447
)
Net cash provided by operating activities
10,703
7,842
27,690
26,606
Cash flows from investing activities:
Business acquisition, working capital adjustments
(64,090
)
—
(64,090
)
—
Capital expenditures
(1,581
)
(1,695
)
(5,592
)
(6,447
)
Net cash used in investing activities
(65,671
)
(1,695
)
(69,682
)
(6,447
)
Cash flows from financing activities:
Proceeds from issuance of debt
65,000
—
65,000
—
Repayments of debt
(6,500
)
(3,000
)
(6,500
)
(16,000
)
Credit facility issuance costs
(496
)
—
(496
)
—
Shares repurchased for tax withholdings on vesting of restricted stock units
(1,164
)
(1,594
)
(5,132
)
(4,410
)
Payments for repurchases of common stock
(3,448
)
(2,418
)
(11,627
)
(4,470
)
Proceeds from issuance of common stock
—
1,605
3,020
5,056
Net cash provided by (used in) financing activities
53,392
(5,407
)
44,265
(19,824
)
Net (decrease) increase in cash and cash equivalents
(1,576
)
740
2,273
335
Cash and cash equivalents, at beginning of period
21,720
17,131
17,871
17,536
Cash and cash equivalents, at end of period
$
20,144
$
17,871
$
20,144
$
17,871
OOMA, INC.
Reconciliation of Non-GAAP Financial Measures
(Unaudited, amounts in thousands, except percentages, shares and per share data)
Three Months Ended
Fiscal Year Ended
January 31,
2026
January 31,
2025
January 31,
2026
January 31,
2025
Revenue
$
74,584
$
65,097
$
273,602
$
256,852
GAAP gross profit
$
46,072
$
39,933
$
167,240
$
156,018
Stock-based compensation and related taxes
218
243
940
1,049
Amortization of intangible assets
896
708
3,020
2,974
Restructuring costs
—
—
62
39
Non-GAAP gross profit
$
47,186
$
40,884
$
171,262
$
160,080
Gross margin on a GAAP basis
62
%
61
%
61
%
61
%
Gross margin on a Non-GAAP basis
63
%
63
%
63
%
62
%
GAAP operating income (loss)
$
2,105
$
(321
)
$
4,256
$
(6,940
)
Stock-based compensation and related taxes
3,628
4,507
15,217
18,217
Amortization of intangible assets
2,388
1,406
6,606
5,767
Litigation costs
986
170
1,474
340
Acquisition-related costs
1,042
—
1,626
—
Restructuring costs
—
—
373
1,579
Non-GAAP operating income
$
10,149
$
5,762
$
29,552
$
18,963
GAAP net income (loss)
$
3,952
$
(261
)
$
6,459
$
(6,901
)
Stock-based compensation and related taxes
3,628
4,507
15,217
18,217
Amortization of intangible assets
2,388
1,406
6,606
5,767
Litigation costs
986
170
1,474
340
Acquisition-related costs
1,042
—
1,626
—
Acquisition-related income tax benefit
(2,548
)
—
(2,548
)
—
Restructuring costs
—
—
373
1,579
Gain on note conversion
—
—
—
(980
)
Non-GAAP net income
$
9,448
$
5,822
$
29,207
$
18,022
GAAP basic net income (loss) per share
$
0.14
$
(0.01
)
$
0.23
$
(0.26
)
Stock-based compensation and related taxes
0.13
0.16
0.54
0.67
Amortization of intangible assets
0.08
0.05
0.24
0.21
Litigation costs
0.04
0.01
0.05
0.02
Acquisition-related costs
0.04
—
0.06
—
Acquisition-related income tax benefit
(0.09
)
—
(0.09
)
—
Restructuring costs
—
—
0.01
0.06
Gain on note conversion
—
—
—
(0.04
)
Non-GAAP net income per diluted share
$
0.34
$
0.21
$
1.04
$
0.66
GAAP weighted-average basic shares
27,556,621
27,097,223
27,550,814
26,685,598
GAAP weighted-average diluted shares
27,850,080
27,097,223
28,116,327
26,685,598
Non-GAAP weighted-average diluted shares
27,850,080
27,997,014
28,116,327
27,488,168
GAAP net income (loss)
$
3,952
$
(261
)
$
6,459
$
(6,901
)
Reconciling items:
Interest and other expense (income), net
432
35
(117
)
181
Income tax (benefit) provision
(2,279
)
(95
)
(2,086
)
760
Depreciation and amortization of capital expenditures
1,381
1,151
4,395
4,294
Amortization of intangible assets
2,388
1,406
6,606
5,767
Stock-based compensation and related taxes
3,628
4,507
15,217
18,217
Litigation costs
986
170
1,474
340
Acquisition-related costs
1,042
—
1,626
—
Restructuring costs
—
—
373
1,579
Gain on note conversion
—
—
—
(980
)
Adjusted EBITDA
$
11,530
$
6,913
$
33,947
$
23,257
View source version on businesswire.com: https://www.businesswire.com/news/home/20260304084290/en/
INVESTOR CONTACT:
Matthew S. Robison
Director of IR and Corporate Development
Ooma, Inc.
ir@ooma.com
(650) 300-1480
MEDIA CONTACT:
Jim Gustke
Senior Vice President, Marketing
Ooma, Inc.
press@ooma.com
Original: Ooma Reports Fourth Quarter and Fiscal Year 2026 Financial Results