Ooma Reports Strong Q4 and Fiscal 2026 Financial Results, Unveils Ambitious Growth Outlook

Sunnyvale, Calif., March 4, 2026 – Ooma, Inc. (NYSE: OOMA), a leading provider of advanced communications services for businesses and consumers, has released its financial results for the fourth quarter and full fiscal year ended January 31, 2026. The report details robust revenue growth, a swing to profitability, and an optimistic outlook for the coming year, driven by recent strategic acquisitions and record product sales.

Key Financial Highlights

• Q4 Revenue: \$74.6 million, a 15% increase year-over-year.
• Q4 Subscription and Services Revenue: \$68.7 million, up from \$60.6 million in Q4 FY25; 92% of total revenue.
• Impact of Acquisitions: The December 2025 acquisitions of FluentStream and Phone.com contributed \$6.1 million in Q4 revenue, with \$6.0 million from business subscription revenue.
• Q4 GAAP Net Income: \$4.0 million (\$0.14 per diluted share), compared to a net loss of \$0.3 million (\$0.01 per share) in Q4 FY25.
• Q4 Non-GAAP Net Income: \$9.4 million (\$0.34 per diluted share), up from \$5.8 million (\$0.21 per share) a year ago.
• Q4 Adjusted EBITDA: \$11.5 million, up from \$6.9 million in Q4 FY25.
• Full Year Revenue: \$273.6 million, a 7% increase from FY25.
• Full Year Subscription and Services Revenue: \$252.0 million, up from \$238.6 million in FY25, representing 92% of total revenue.
• Full Year GAAP Net Income: \$6.5 million (\$0.23 per diluted share), compared to a loss of \$6.9 million (\$0.26 per share) in FY25.
• Full Year Non-GAAP Net Income: \$29.2 million (\$1.04 per diluted share), up from \$18.0 million (\$0.66 per share) in FY25.
• Full Year Adjusted EBITDA: \$33.9 million, up from \$23.3 million in FY25.

Operational and Strategic Highlights

• Completion of FluentStream and Phone.com Acquisitions: These deals have significantly contributed to revenue growth and enhanced Ooma’s business subscriptions.
• Record Sales of AirDial: Ooma achieved record sales of its AirDial product in Q4, indicating strong demand for POTS (Plain Old Telephone Service) replacement solutions.
• Business Subscription Services Growth: For FY26, business subscription services revenue grew 10% year-over-year; non-GAAP net income surged by 62%.
• Cash Generation: Q4 cash from operations was \$10.7 million, signaling robust cash flow.

Guidance for Fiscal 2027

Ooma has issued strong guidance for the upcoming year, reflecting expected continued growth fueled by integration of recent acquisitions and increased market demand for its solutions:

• Q1 FY27 Revenue: \$79.6 million to \$80.4 million.
• Q1 FY27 GAAP Net Income: \$2.3 million to \$2.7 million (\$0.08 – \$0.10 per share).
• Q1 FY27 Non-GAAP Net Income: \$8.8 million to \$9.2 million (\$0.31 – \$0.33 per share).
• Full Year FY27 Revenue: \$321 million to \$325 million.
• Full Year FY27 GAAP Net Income: \$9.3 million to \$10.8 million (\$0.33 – \$0.38 per share).
• Full Year FY27 Non-GAAP Net Income: \$35.5 million to \$37.0 million (\$1.26 – \$1.31 per share).

CEO Commentary and Growth Strategy

“Ooma delivered strong Q4 results with \$74.6 million in revenue, \$9.4 million of non-GAAP net income and \$10.7 million of cash from operations. 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.”

— Eric Stang, CEO of Ooma

Balance Sheet and Financial Position

• Total Assets: \$227.5 million as of January 31, 2026 (up from \$149.2 million a year ago).
• Cash and Cash Equivalents: \$20.1 million, up from \$17.9 million.
• Goodwill and Intangible Assets: Substantial increase to \$112.3 million due to recent acquisitions.
• Total Liabilities: \$134.6 million (up from \$63.9 million), reflecting new debt taken on to finance acquisitions.
• Total Stockholders’ Equity: \$92.9 million, up from \$85.3 million.

Noteworthy and Potentially Price-Sensitive Items

• Successful Integration of Acquisitions: The company’s ability to retain former employees, customers, and users of FluentStream and Phone.com, and to realize expected synergies, will be crucial for delivering projected growth.
• AirDial Momentum: Record sales of AirDial and expectations for accelerating POTS replacement could be strong catalysts for further revenue and profit gains.
• Profitability Swing: The move from a net loss in FY25 to a notable profit in FY26, alongside significantly higher non-GAAP net income, marks a major turnaround that could impact share valuation.
• Raised Guidance: The company’s ambitious revenue and profit guidance for FY27, if achieved, would represent a significant step-change in Ooma’s growth and operating leverage.
• Balance Sheet Leverage: Increased debt used to fund acquisitions could raise both growth prospects and risk profile, depending on integration success and cash flow generation.
• Tax Benefit: FY26 GAAP net income includes a \$2.5 million tax benefit from the release of valuation allowances due to the recording of intangible assets associated with the Phone.com acquisition.

Risks and Forward-Looking Statements

Ooma highlights several key risks, including the successful integration of acquisitions, retention of acquired customers, ability to expand AirDial sales, reliance on third-party vendors and partners, and competitive pressures. Any setbacks in these areas could impact the company’s ability to meet its growth and profit targets.

Conference Call Details

Ooma will host a conference call and webcast for analysts and investors at 5:00 p.m. ET on March 4, 2026. Details are available on the company’s investor relations website.

Conclusion

Ooma’s Q4 and FY26 results reflect strong execution, successful acquisitions, and a positive outlook for FY27. With a return to profitability, robust cash flow, and a clear growth strategy, the company is well-positioned to capture new opportunities in business communications and POTS replacement. However, investors should monitor integration progress and the company’s ability to deliver on its ambitious targets, as these factors are likely to be price sensitive and could influence Ooma’s share performance in the coming quarters.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Forward-looking statements are subject to risks and uncertainties. Investors should consult the company’s SEC filings and official releases before making investment decisions.

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