OOMA INC Segments Disclosure
Note 16: Segment Information
The Company has a reportable segment. The CODM uses consolidated net income (loss) for purposes of allocating resources and evaluating financial performance, including monitoring actual results versus historical periods. Adjusted cost of revenue, adjusted sales and marketing, adjusted research and development and adjusted general and administrative expenses are considered significant segment expenses that are regularly provided to the CODM and included within consolidated net loss. The measure of segment assets is the total assets on the Company’s consolidated balance sheets. Capital expenditures are reported on a consolidated basis on the Company’s consolidated statements of cash flows. The following tables include the Company's segment revenue, significant segment expenses, and other segment items to reconcile to net income (loss) (in thousands):
|
|
Fiscal Year Ended January 31, |
|
|||||||||
|
|
2026 |
|
|
2025 |
|
|
2024 |
|
|||
Revenue from external customers |
|
$ |
273,602 |
|
|
$ |
256,852 |
|
|
$ |
236,737 |
|
Less: |
|
|
|
|
|
|
|
|
|
|||
Cost of revenue (1) |
|
|
102,340 |
|
|
|
96,772 |
|
|
|
87,328 |
|
Sales and marketing (1) |
|
|
72,540 |
|
|
|
70,506 |
|
|
|
68,654 |
|
Research and development (1) |
|
|
45,813 |
|
|
|
47,506 |
|
|
|
44,609 |
|
General and administrative (1) |
|
|
23,357 |
|
|
|
23,105 |
|
|
|
20,622 |
|
Other segment expenses |
|
|
25,296 |
|
|
|
25,903 |
|
|
|
19,525 |
|
Interest and other income, net |
|
|
(117 |
) |
|
|
(799 |
) |
|
|
(1,188 |
) |
Income tax (benefit) provision |
|
|
(2,086 |
) |
|
|
760 |
|
|
|
(1,978 |
) |
Consolidated net income (loss) |
|
$ |
6,459 |
|
|
$ |
(6,901 |
) |
|
$ |
(835 |
) |
(1) Amounts exclude other segment expenses as follows:
|
|
Fiscal Year Ended January 31, |
|
|||||||||
|
|
2026 |
|
|
2025 |
|
|
2024 |
|
|||
Amortization of intangible assets |
|
$ |
6,606 |
|
|
$ |
5,767 |
|
|
$ |
3,711 |
|
Stock-based compensation and related taxes |
|
|
15,217 |
|
|
|
18,217 |
|
|
|
15,110 |
|
Restructuring costs |
|
|
373 |
|
|
|
1,579 |
|
|
|
477 |
|
Litigation costs |
|
|
1,474 |
|
|
|
340 |
|
|
|
300 |
|
Acquisition-related costs |
|
|
1,626 |
|
|
|
— |
|
|
|
883 |
|
Facilities consolidation gain |
|
|
— |
|
|
|
— |
|
|
|
(956 |
) |
Total other segment expenses |
|
$ |
25,296 |
|
|
$ |
25,903 |
|
|
$ |
19,525 |
|
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2026 | Apr 3, 2026 | Showing above |
| 2025 | Apr 1, 2025 | |
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.