Company: DOMO
Filing Date: 2025-04-04
Form Type: 10-K
Source: 0001505952-25-000045
Chunk: 119

Company: DOMO, INC.
Filing Date: 2025-04-04
Form: 10-K
Item: Item 7
Chunk 119
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 to foreign and state jurisdictions in which we conduct business. Because of the uncertainty of the realization of the deferred tax assets, we have a full valuation allowance for domestic net deferred tax assets, including net operating loss carryforwards and tax credits related primarily to research and development.

69

Results of Operations

The following tables set forth selected consolidated statements of operations data and such data as a percentage of total revenue for each of the periods indicated: Year Ended January 31, 202320242025 (in thousands)Revenue:Subscription$271,290 $285,500 $286,002 Professional services and other37,355 33,489 31,042 Total revenue308,645 318,989 317,044 Cost of revenue:Subscription(1)43,295 46,045 53,585 Professional services and other(1)29,783 29,425 27,408 Total cost of revenue73,078 75,470 80,993 Gross profit235,567 243,519 236,051 Operating expenses:Sales and marketing(1)(3)173,300 163,902 151,505 Research and development(1)95,093 85,049 87,899 General and administrative(1)(2)(3)56,047 49,449 55,929 Total operating expenses324,440 298,400 295,333 Loss from operations(88,873)(54,881)(59,282)Other expense, net:Loss on extinguishment of debt— — (1,850)Other expense, net(15,499)(19,431)(19,593)Total other expense, net(1)(15,499)(19,431)(21,443)Loss before income taxes(104,372)(74,312)(80,725)Provision for income taxes1,179 1,257 1,210 Net loss$(105,551)$(75,569)$(81,935)

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(1)Includes stock-based compensation expense as follows: 

 Year Ended January 31, 202320242025(in thousands)Cost of revenue:Subscription$2,676$2,810$3,190Professional services and other1,8221,7351,223Sales and marketing30,63625,01519,995Research and development24,33519,52018,245General and administrative23,680