# Ooma Inc. (OOMA) Q2 2026 Financial Results Summary
Sunnyvale, Calif., August 26, 2025 – Ooma, Inc. (NYSE: OOMA), a provider of advanced communications services for businesses and consumers, has released its financial results for the fiscal second quarter ended July 31, 2025.
## Financial Highlights for Q2 Fiscal 2026
– **Revenue**:
– Total revenue reached **$66.4 million**, up **3%** year-over-year from **$64.1 million**.
– Subscription and services revenue increased to **$61.1 million**, compared to **$59.6 million** in the same quarter of the previous year, contributing **92%** of total revenue, largely driven by growth in Ooma Business.
– **Net Income**:
– GAAP net income was **$1.3 million**, or **$0.04** per diluted share, improving from a GAAP net loss of **$2.1 million** (or **$0.08** per share) in Q2 2025.
– Non-GAAP net income increased by **58%** to **$6.5 million**, or **$0.23** per diluted share, up from **$4.1 million** (or **$0.15** per share) year-over-year.
– **Adjusted EBITDA**:
– Adjusted EBITDA was reported at **$7.2 million**, reflecting a growth of **27%** from **$5.6 million** in Q2 2025.
– **Earnings Growth**:
– The company noted a **52%** year-over-year increase in non-GAAP EPS.
## Operational Highlights
– The CEO, Eric Stang, emphasized the solid financial performance showcased by the increase in total revenue and significant gains in both non-GAAP net income and adjusted EBITDA.
– Future growth strategies remain focused on:
– Small business UCaaS (Unified Communications as a Service)
– AirDial POTS (Plain Old Telephone Service) replacement
– Development of 2600Hz wholesale solutions
## Business Outlook
– **For the Third Quarter of Fiscal 2026**:
– Expected total revenue between **$67.2 million to $67.9 million**.
– Forecasted GAAP net income in the range of **$0.9 million to $1.3 million**, translating to GAAP net income per diluted share of **$0.04 to $0.05**.
– Projected non-GAAP net income between **$6.0 million to $6.4 million**, or **$0.22 to $0.23** per diluted share.
– **For the Full Fiscal Year 2026**:
– Anticipated total revenue remains unchanged at **$267 million to $270 million**.
– GAAP net income guidance revised upward to **$3.5 million to $4.0 million**, with a GAAP net income per diluted share range of **$0.13 to $0.15**.
– Non-GAAP net income is projected between **$24.5 million to $25.0 million**, with non-GAAP net income per diluted share expected to be **$0.87 to $0.89**.
## Capital Management
– **Dividends and Share Repurchases**:
– The company engaged in share repurchase activities, utilizing **$3.2 million** for repurchasing common stock during this fiscal quarter.
– Additionally, shares were repurchased for tax withholdings on the vesting of restricted stock units amounting to **$1.3 million**.
## Balance Sheet Highlights
– **Current Assets** as of July 31, 2025, totaled **$59.8 million**, compared to **$56.2 million** at the end of January 2025.
– **Total Assets** stood at **$150.1 million**, a slight increase from **$149.2 million** six months prior.
– **Stockholders’ Equity** increased to **$88.1 million**, up from **$85.3 million**.
### Conclusion
Ooma, Inc. continues to demonstrate a positive financial trajectory, marked by revenue growth, improved profitability, and strategic initiatives aimed at enhancing shareholder value through potential growth avenues. The outlook for the next quarter and full year indicates sustained momentum in its business operations.
| Three Months Ended | July 31, 2024 | Six Months Ended | July 31, 2024 | |
|---|---|---|---|---|
| July 31, 2025 | July 31, 2025 | |||
| Revenue: | ||||
| Subscription and services | $61,139 | $59,566 | $121,398 | $117,955 |
| Product and other | $5,225 | $4,563 | $9,995 | $8,673 |
| Total revenue | $66,364 | $64,129 | $131,393 | $126,628 |
| Cost of revenue: | ||||
| Subscription and services | $18,428 | $17,654 | $36,489 | $35,114 |
| Product and other | $7,706 | $7,775 | $14,465 | $14,699 |
| Total cost of revenue | $26,134 | $25,429 | $50,954 | $49,813 |
| Gross profit | $40,230 | $38,700 | $80,439 | $76,815 |
| Operating expenses: | ||||
| Sales and marketing | $19,122 | $19,256 | $38,877 | $38,737 |
| Research and development | $12,495 | $13,640 | $24,937 | $27,433 |
| General and administrative | $7,697 | $7,400 | $15,766 | $14,978 |
| Total operating expenses | $39,314 | $40,296 | $79,580 | $81,148 |
| Income (loss) from operations | $916 | $-1,596 | $859 | $-4,333 |
| Interest and other income (expense), net | $221 | $-103 | $384 | $820 |
| Income (Loss) before income taxes | $1,137 | $-1,699 | $1,243 | $-3,513 |
| Income tax benefit (provision) | $118 | $-438 | $-129 | $-763 |
| Net income (loss) | $1,255 | $-2,137 | $1,114 | $-4,276 |
| Net income (loss) per share of | ||||
| common stock: | ||||
| Basic | $0.05 | $-0.08 | $0.04 | $-0.16 |
| Diluted | $0.04 | $-0.08 | $0.04 | $-0.16 |
| Weighted-average shares of common | ||||
| stock outstanding: | ||||
| Basic | 27,595,209 | 26,556,754 | 27,521,797 | 26,392,351 |
| Diluted | 28,125,304 | 26,556,754 | 28,224,710 | 26,392,351 |
| Assets | July 31, 2025 | January 31, 2025 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $19,558 | $17,871 |
| Accounts receivable, net | $8,615 | $8,040 |
| Inventories | $14,776 | $13,068 |
| Other current assets | $16,804 | $17,198 |
| Total current assets | $59,753 | $56,177 |
| Property and equipment, net | $12,596 | $11,982 |
| Operating lease right-of-use assets | $14,788 | $15,311 |
| Intangible assets, net | $19,372 | $22,184 |
| Goodwill | $23,069 | $23,069 |
| Other assets | $20,517 | $20,472 |
| Total assets | $150,095 | $149,195 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $7,207 | $6,007 |
| Accrued expenses and other current | $25,824 | $29,067 |
| liabilities | ||
| Deferred revenue | $17,325 | $16,586 |
| Total current liabilities | $50,356 | $51,660 |
| Long-term operating lease liabilities | $11,588 | $12,234 |
| Other liabilities | $30 | $23 |
| Total liabilities | $61,974 | $63,917 |
| Stockholders’ equity: | ||
| Common stock | $5 | $5 |
| Additional paid-in capital | $227,181 | $225,452 |
| Accumulated deficit | $-139,065 | $-140,179 |
| Total stockholders’ equity | $88,121 | $85,278 |
| Total liabilities and stockholders’ | $150,095 | $149,195 |
| equity |
