20.
Net Loss Per Share and Unit Available to Stockholders and Members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively

The following table sets forth the computation of basic and diluted net loss per share and unit available to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively:

 

 

Year Ended January 31,

 

 

 

2026

 

 

2025

 

 

2024

 

 

(in thousands, except share/unit and per share and unit data)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively

 

$

 

(157,128

)

 

$

 

(85,689

)

 

$

 

(48,313

)

Less: Undeclared cumulative dividends on Series A Preferred Units

 

 

 

17,694

 

 

 

 

20,264

 

 

 

 

10,414

 

Less: Deemed dividend for conversion of Members Advance

 

 

 

7,400

 

 

 

 

 

 

 

 

18,000

 

Net loss available to common stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively, basic and diluted

 

 

 

(182,222

)

 

 

 

(105,953

)

 

 

 

(76,727

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares (Class A and Class B) of Gloo Holdings, Inc. and units of Gloo Holdings, LLC used to compute net loss per unit, respectively, basic and diluted

 

 

 

22,696,229

 

 

 

 

7,764,474

 

 

 

 

7,579,858

 

Net loss per share attributable to common stockholders of Gloo Holdings, Inc. (Class A and Class B) and units of members of Gloo Holdings, LLC, respectively

 

$

 

(8.03

)

 

$

 

(13.65

)

 

$

 

(10.12

)

 

The following potentially dilutive outstanding securities were excluded from the computation of diluted loss per share and unit available to common stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC because their effect was anti-dilutive:

 

 

 

Year Ended January 31,

 

 

2026

 

 

2025

 

 

2024

 

Options

 

 

 

13,241,832

 

 

 

 

3,317,771

 

 

 

 

2,986,139

 

Warrants

 

 

 

199,999

 

 

 

 

1,011,333

 

 

 

 

 

Restricted Stock Awards

 

 

 

364,034

 

 

 

 

 

 

 

 

 

Restricted Stock Units

 

 

 

150,000

 

 

 

 

 

 

 

 

 

Series A preferred units

 

 

 

 

 

 

 

37,532,207

 

 

 

 

36,153,040

 

   Total

 

 

 

13,955,865

 

 

 

 

41,861,311

 

 

 

 

39,139,179

 

About Earnings Per Share Disclosures

The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.

Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.