Ooma acquires FluentStream and Phone.com for $73M, returns to profitability with $6.5M net income

Filed April 3, 2026 · Period ending January 31, 2026 · Compared to 10-K Apr 1, 2025 · ~2 min read

Key Changes

• high

  Completed two UCaaS acquisitions in December 2025 (FluentStream for $50.5M, Phone.com for $22.6M), adding 164,000 users and $6.1M revenue in two months. Funded by new $65M term loan, shifting from zero debt to $58.5M outstanding.

  Business / MD&A: Acquisitions verify on EDGAR →
• high

  Returned to GAAP profitability with $6.5M net income versus $6.9M loss prior year. Adjusted EBITDA margin expanded 300 basis points to 12% of revenue, reflecting improved operating leverage before full-year acquisition impact.

  MD&A: Financial Performance verify on EDGAR →
• high

  Total revenue grew 7% to $273.6M, with subscription revenue up 6% to $252M. Business users now represent 49% of total users (up from 41%), accelerating strategic shift toward higher-value commercial customers.

  MD&A: Revenue Growth verify on EDGAR →