Ooma, Inc.
OOMA Technology Software Application
Ooma, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $273.6 million, up 6.52% from fiscal 2025. In the quarter to July 2026, revenue grew 25.4%, EPS grew 120.0% and free cash flow grew 114.0%, each against the same quarter a year earlier. Revenue growth for ten consecutive years, operating cash flow growth for five.
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Ooma, Inc. (OOMA) Beneish M-score
Ooma, Inc.'s Beneish M-score for fiscal 2026 is −2.61; values above −1.78 are the model's flag for possible earnings manipulation — a statistical screen, not a finding.
Beneish M-score, annual
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Annual newest first
| Period | Beneish M-score | Change (points) |
|---|---|---|
| FY2026 | −2.61 | 0.99 |
| FY2025 | −3.60 | (1.33) |
| FY2024 | −2.27 | 0.64 |
| FY2023 | −2.91 | (0.43) |
| FY2022 | −2.48 | 0.24 |
| FY2021 | −2.72 | (0.23) |
| FY2020 | −2.49 | (0.43) |
| FY2019 | −2.07 | 1.47 |
| FY2018 | −3.53 | 0.09 |
| FY2017 | −3.62 | (0.43) |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Days’ sales in receivables index | 1.38 | — | 1.27 | |
| Gross margin index | 0.99 | — | 0.52 | |
| Asset quality index | 1.19 | — | 0.48 | |
| Sales growth index | 1.07 | — | 0.95 | |
| Depreciation index | 1.01 | — | 0.12 | |
| SG&A index | 0.97 | — | −0.17 | |
| Total accruals to total assets | (0.09) | — | −0.44 | |
| Leverage index | 1.56 | — | −0.51 | |
| Beneish M-score | Low — no pattern the model associates with manipulation | −2.61 | ||
How the Beneish M-score works
M = −4.84 + 0.920 × DSRI + 0.528 × GMI + 0.404 × AQI + 0.892 × SGI + 0.115 × DEPI − 0.172 × SGAI + 4.679 × TATA − 0.327 × LVGI (Beneish, 1999): eight changes in the accounts from one fiscal year to the next, which the model weighs for the pattern seen in companies that later restated their earnings. Higher is worse.
| below −2.22 | Low — no pattern the model associates with manipulation |
|---|---|
| −2.22 to −1.78 | Elevated |
| above −1.78 | Flagged by the model |
−1.78 is the cut-off usually quoted from the paper, −2.22 a common conservative one. A statistical screen, not a finding of wrongdoing.
When asset quality, depreciation or SG&A cannot be worked out, that index is set to 1, as Beneish did, and the breakdown says so; with all three missing there is no score. Depreciation includes amortisation, and asset quality leaves out securities. Not worked out for banks, insurers and REITs.
Beneish M-score against peers
| Company | Beneish M-score |
|---|---|
| SPT Sprout Social, Inc. compare | −3.0× |
| MITK Mitek Systems, Inc. compare | −2.9× |
| MTLS Materialise NV compare | −2.7× |
| VTEX VTEX compare | −2.6× |
| OOMA Ooma, Inc. | −2.6× |
| PAR PAR Technology Corporation compare | −2.4× |
| DCBO Docebo Inc. compare | −1.9× |
| YALA Truth Social God Bless America ETF compare | — |
| MTC MMTec, Inc. compare | — |
What Beneish M-score is
The Beneish M-Score combines eight year-on-year changes in the accounts into a statistical screen for patterns seen in companies that overstated earnings.
−4.84 + 0.920 × DSRI + 0.528 × GMI + 0.404 × AQI + 0.892 × SGI + 0.115 × DEPI − 0.172 × SGAI + 4.679 × TATA − 0.327 × LVGI