Domo vs n8n

10-Q Financial Filing Analysis for Domo (2026-09-03)

For the second quarter ended July 31, 2026, Domo reported total revenue of $76.8 million, down 4% year-over-year, and a GAAP net loss of $9.6 million compared to a net loss of $22.9 million in the prior-year period. Subscription revenue represented 92% of total revenue at $70.4 million. The company faced severe liquidity and covenant compliance issues, remaining in breach of its credit facility's minimum annualized recurring revenue covenant as of April 30, 2026, and July 31, 2026, resulting in substantial doubt about its ability to continue as a going concern. To resolve its debt default and secure liquidity, Domo entered into a definitive Asset Purchase Agreement on July 22, 2026, with Progress Software Corporation. Progress will acquire substantially all operating assets, the platform, customer contracts, and subsidiaries for $400 million in cash. Domo will use the proceeds to repay its $137.2 million debt obligations in full, retain its net operating loss (NOL) carryforwards, and transition into a debt-free holding company trading under a new ticker symbol.

• Domo signed a definitive agreement on July 22, 2026, to sell substantially all operating assets and business to Progress Software for $400 million in cash.
• The company remained out of compliance with its debt covenants as of July 31, 2026, operating under a forbearance agreement requiring sale completion by November 30, 2026, to pay off $137.24 million in debt.
• Q2 revenue reached $76.78 million (down 4% YoY) with a net loss of $9.62 million and cash/cash equivalents of $25.07 million.

8-K Financial Filing Analysis for Domo (2026-09-22)

On September 22, 2026, Domo, Inc. completed the sale of substantially all of its business assets and transferred its operational employees to Progress Software Corporation pursuant to the July 22, 2026 Asset Purchase Agreement. Domo received approximately $221.0 million in net cash proceeds upon closing, retaining its net operating loss (NOL) carryforwards. Concurrently, the company terminated and fully repaid its Amended and Restated Loan and Security Agreement with Obsidian Agency Services and Wilmington Trust, while also repurchasing outstanding warrants for approximately $10.0 million. Following the divestiture, the corporate entity was rebranded as Huckleberry.ai, Inc. via a short-form subsidiary merger, and its Class B Common Stock ticker on the Nasdaq Global Market will change from 'DOMO' to 'HUCK' effective September 24, 2026.

• Completed the asset sale of Domo's core BI and analytics software business to Progress Software Corporation for approximately $221.0 million in net cash proceeds, retaining tax NOL carryforwards.
• Repaid in full and terminated the August 2023 Amended and Restated Loan and Security Agreement, releasing all associated liens and discharging outstanding debt obligations.
• Rebranded the corporate entity to Huckleberry.ai, Inc., repurchased outstanding warrants for $10.0 million, and announced a Nasdaq ticker change from 'DOMO' to 'HUCK' effective September 24, 2026.

New Product Features and AI Announcements Shared at Domo Connections 2026

Domo announced new product features and AI capabilities at its Domo Connections 2026 event, as highlighted in a blog post dated September 18, 2026.

n8n Still Relevant Despite Claude Code Rise

In a podcast episode, n8n CEO Jan Oberhauser discusses why n8n remains essential despite the rise of agentic coding tools like Anthropic's Claude Code. He argues that n8n, as an orchestration layer, provides reliability, auditability, and team collaboration features that Claude Code lacks. The company has evolved from personal automation to business-critical workflows, with 200K+ GitHub stars, 1.5M active users, and 1,200 enterprise customers. SAP's investment at a $5.2B valuation and embedding n8n into Joule Studio highlight its enterprise relevance. Oberhauser recommends using Claude Code for rapid prototyping and n8n for production workflows requiring approvals, logging, and team hand-offs. He also shares insights into n8n's hiring approach, emphasizing technical depth and builder mentality.

• SAP invested in n8n at a $5.2B valuation in May 2025.
• n8n has 200K+ GitHub stars, 1.5M active users, and 1,200 enterprise customers.
• Claude Code surpassed n8n in search interest by the holidays of 2025.

EU Apply AI Summit to Showcase Real-World AI Adoption

On 17 November 2026, the European Commission's AI Office will host the Apply AI Summit in Brussels, focusing on practical AI adoption across European businesses and the public sector. The event, expected to draw about 900 in-person and 2,500 online attendees, will highlight real-world European AI use cases in healthcare, energy, mobility, manufacturing, and other sectors. It marks the first anniversary of the EU's Apply AI Strategy and serves as the closing event of the first European AI Innovation Month. The summit will feature keynotes from European Commission EVP Henna Virkkunen and other leaders, and will present the Apply AI Startup Award to emerging European AI companies. The event underscores Europe's push to move from experimentation to large-scale AI adoption, particularly among SMEs.

• The Apply AI Summit will be held in Brussels on 17 November 2026, organized by the European Commission's AI Office.
• Eurostat data shows 20% of EU enterprises with 10+ employees used AI in 2025, up from 13.5% in 2024.
• The summit marks the first anniversary of the European Commission's Apply AI Strategy and the closing of the European AI Innovation Month.

Introducing n8n Assistant

New blog post announcing the launch of n8n Assistant, a product feature. The post is authored by Paul Gordon and dated September 2026.