Ooma Inc
Q1 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: +4.68%.
Did OOMA Beat Earnings? Q1 2026 Results
Ooma posted a clean beat across both top and bottom lines in fiscal Q1 2026, with non-GAAP earnings per share of $0.20 clearing the $0.18 consensus estimate by 10.25% and revenue of $65.03 million edging past expectations by 0.32% on 4.0% year-over-year growth. The primary engine behind the quarter was continued expansion of Ooma Business, which helped lift subscription and services revenue to $60.26 million, representing 93% of total revenue. Profitability improved sharply, with non-GAAP net income climbing to $5.64 million from $3.58 million a year ago and adjusted EBITDA rising 33% to $6.67 million, even as some observers have raised questions about executive compensation relative to shareholder returns. On the GAAP side, the net loss narrowed dramatically to just $141,000 from $2.14 million in the prior-year period. Looking ahead, management guided Q2 revenue of $65.50 million to $66.10 million with non-GAAP EPS of $0.20 to $0.21, and set full-year FY2026 revenue guidance of $267.00 million to $270.00 million with non-GAAP EPS of $0.79 to $0.83.
- Growth of Ooma Business driving subscription and services revenue increase
- 48% year-over-year growth in non-GAAP EPS
- 33% year-over-year growth in adjusted EBITDA
- Strong partner additions with AirDial reseller network growing to more than 30
- Four new customer wins for 2600Hz wholesale platform
“Ooma delivered a solid Q1, with $65.0 million in revenue and $5.6 million of non-GAAP net income. Our results included 48% year over year growth of non-GAAP EPS and 33% year over year growth of adjusted EBITDA. We achieved these results while continuing to invest in and expand our small business UCaaS, AirDial POTS replacement, and 2600Hz wholesale solutions. We were particularly pleased in the quarter by strong partner additions, bringing our number of AirDial resellers to more than 30, and by four new customer wins for 2600Hz.”
Ooma CEO, on the earnings call
Forward Guidance & Outlook
For Q2 FY2026, Ooma expects total revenue of $65.5 million to $66.1 million, GAAP net income of $0.2 million to $0.5 million ($0.01 to $0.02 per share), and non-GAAP net income of $5.6 million to $5.9 million ($0.20 to $0.21 per diluted share). For full fiscal year 2026, Ooma expects total revenue of $267 million to $270 million, GAAP net income of $0.6 million to $1.6 million ($0.02 to $0.06 per share), and non-GAAP net income of $22.5 million to $23.5 million ($0.79 to $0.83 per diluted share).
OOMA YoY Financials
OOMA Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.