Gloo Holdings, Inc. Segments Disclosure
The Company operates as a operating segment, the Gloo segment, consistent with how its CODM, , Scott Beck, reviews financial information and allocates resources. The Company primarily derives its revenue within the United States by providing a breadth of products, services and solutions to the faith-based ecosystem.
The CODM uses revenue, operating expenses, and net loss as reported in the Company’s consolidated statements of operations to identify underlying trends in the performance of its business, make comparisons with the financial performance of its competitors, and determine how to allocate resources of the Company as a whole. The CODM does not review assets in evaluating the results of the Gloo segment, and therefore, such information is not repeated in this disclosure.
The following table presents the significant expenses and other segment items of the Gloo segment, as regularly reviewed by its CODM:
|
Year Ended January 31, |
|
||||||||||||
|
2026 |
|
|
2025 |
|
|
2024 |
|
||||||
|
(in thousands) |
|
||||||||||||
Revenue |
$ |
|
94,660 |
|
|
$ |
|
23,216 |
|
|
$ |
|
21,289 |
|
Less: |
|
|
|
|
|
|
|
|
|
|
|
|||
Cost of revenue (exclusive of depreciation and amortization) |
|
|
71,554 |
|
|
|
|
19,749 |
|
|
|
|
6,471 |
|
Depreciation and amortization |
|
|
11,163 |
|
|
|
|
7,714 |
|
|
|
|
4,685 |
|
Hosting and software |
|
|
6,171 |
|
|
|
|
2,830 |
|
|
|
|
2,121 |
|
Insurance |
|
|
398 |
|
|
|
|
185 |
|
|
|
|
157 |
|
Maintenance and equipment |
|
|
1,011 |
|
|
|
|
290 |
|
|
|
|
193 |
|
Outside services |
|
|
2,816 |
|
|
|
|
4,151 |
|
|
|
|
10,218 |
|
Payroll and benefits |
|
|
62,508 |
|
|
|
|
31,842 |
|
|
|
|
27,240 |
|
Professional services |
|
|
7,394 |
|
|
|
|
2,302 |
|
|
|
|
3,029 |
|
Rent and utilities |
|
|
3,756 |
|
|
|
|
1,523 |
|
|
|
|
1,618 |
|
Advertising and marketing |
|
|
8,162 |
|
|
|
|
5,201 |
|
|
|
|
4,028 |
|
Travel and entertainment |
|
|
3,859 |
|
|
|
|
1,349 |
|
|
|
|
2,450 |
|
Impairment of goodwill |
|
|
— |
|
|
|
|
27,753 |
|
|
|
|
— |
|
Other operating expenses |
|
|
24,039 |
|
|
|
|
1,556 |
|
|
|
|
3,587 |
|
Other segment expense (1) |
|
|
50,561 |
|
|
|
|
2,573 |
|
|
|
|
3,805 |
|
Net loss |
|
|
(158,732 |
) |
|
|
|
(85,802 |
) |
|
|
|
(48,313 |
) |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.