Ooma Inc
Q2 2027 Earnings
Market Reaction
Did OOMA Beat Earnings? Q2 2027 Results
Ooma posted a clean beat across the board in fiscal Q2 2027, with adjusted EPS of $0.35 topping the $0.33 consensus estimate by 5.61%, extending the company's streak of beating EPS estimates to six consecutive quarters. Revenue climbed to $83.23 million, ahead of the $81.72 million consensus by 1.84% and up 25.4% from the year-ago period, fueled largely by the expansion of Ooma Business following the December 2025 acquisitions of FluentStream and Phone.com. Subscription and services revenue, which now accounts for 91% of total revenue at $75.58 million, underscores the company's increasingly recurring-revenue character, while AirDial, its POTS replacement solution, saw services revenue grow 75% year over year. Adjusted EBITDA more than doubled on a dollar basis to $12.44 million. With some observers questioning the stock's valuation heading into the print, the solid execution may offer a counterpoint. Management guided Q3 revenue of $83.70 million to $84.50 million and non-GAAP EPS of $0.34 to $0.35, with full-year revenue expected between $332.00 million and $333.50 million.
- Subscription and services revenue growth driven by Ooma Business expansion
- FluentStream and Phone.com acquisitions (December 2025) contributing to revenue growth
- AirDial services revenue grew 75% year over year
- Non-GAAP net income grew 58% year over year
- Adjusted EBITDA increased to $12.4 million from $7.2 million year over year
“Ooma executed well in Q2 and delivered strong results, with revenue up 25% year over year to $83.2 million and non-GAAP net income up 58% year over year to $10.2 million.”
Ooma CEO, on the earnings call
Forward Guidance & Outlook
For Q3 fiscal 2027 (ending October 31, 2026), Ooma expects total revenue of $83.7 million to $84.5 million, GAAP net income of $3.1 million to $3.5 million ($0.11–$0.12 per diluted share), and non-GAAP net income of $9.8 million to $10.2 million ($0.34–$0.35 per diluted share). For full fiscal year 2027 (ending January 31, 2027), the company expects total revenue of $332.0 million to $333.5 million, GAAP net income of $11.9 million to $12.7 million ($0.42–$0.45 per diluted share), and non-GAAP net income of $39.5 million to $40.3 million ($1.35–$1.38 per diluted share).
OOMA YoY Financials
OOMA Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.