Ooma Stock Earnings Reports

Ooma reported strong Q2 fiscal 2026 results with revenue of $66.4M, record adjusted EBITDA of $7.2M (11% of revenue), non-GAAP net income of $6.5M, GAAP net income of $1.3M, and $6.4M operating cash flow. Business subscription and services revenue continued to drive growth (business up 66% YoY within the quarter), with total core users at ~1.23M and business users at 508k. Airdial showed significant momentum—new bookings more than doubled YoY, a large national retail customer was signed (initial rollout expected to reach ~3,000 locations), and partner reseller count is approaching 35. Ooma launched Connect 5,000 (5G Internet for Ooma Office) and is developing AI-driven features and expanded contact center/functionality for larger SMBs. 2,600 Hertz (wholesale UCaaS/CPaaS/contact center) added mobile/desktop apps, video meetings and team chat and is being positioned for longer-term upside. Residential subscription revenue remains under pressure (down YoY), while business mix and ARPU improved (blended ARPU $15.68, up 4% YoY). Product revenue grew due to Airdial installations. Cash/investments totaled $19.6M; free cash flow remains strong ($20M trailing 12 months) and the company repurchased ~$14.5M over the last year. Guidance: Q3 revenue $67.2–67.9M; Q3 non-GAAP net income $6.0–6.4M; full-year revenue unchanged at $267–270M; full-year non-GAAP net income raised to $24.5–25.0M (adjusted EBITDA $28.5–29.0M). Management emphasized execution, continued Airdial ramp, expanding Ooma Office ARPU, and positioning 2,600 Hertz as a differentiated wholesale platform.