As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the data analytics industry, including Domo (NASDAQ: DOMO) and its peers.
Organizations generate a lot of data that is stored in silos, often in incompatible formats, making it slow and costly to extract actionable insights, which in turn drives demand for modern cloud-based data analysis platforms that can efficiently analyze the siloed data.
The 7 data analytics stocks we track reported a satisfactory Q1. As a group, revenues beat analysts’ consensus estimates by 2.7% while next quarter’s revenue guidance was 2.6% above.
Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 5.7% since the latest earnings results.
Weakest Q1: Domo (NASDAQ: DOMO)
Named for the Japanese word meaning "thank you very much," Domo (NASDAQ: DOMO) provides a cloud-based business intelligence platform that connects people with real-time data and insights across organizations.
Domo reported revenues of $79.4 million, flat year on year. This print fell short of analysts’ expectations by 0.6%. Overall, it was a disappointing quarter for the company with a significant miss of analysts’ billings estimates.
“One thing that has become clear is that we are still in the early innings of a major shift from AI experimentation to AI embedded in everyday work,” said Josh James, founder and CEO of Domo.
Domo delivered the weakest performance against analyst estimates of the whole group. The market seems disappointed with the results as the stock is down 2.1% since reporting and currently trades at $2.90.
Read our full report on Domo here, it’s free.
Best Q1: Palantir Technologies (NASDAQ: PLTR)
Named after the all-seeing stones in "Lord of the Rings," Palantir Technologies (NASDAQ: PLTR) develops software platforms that help government agencies and enterprises integrate, analyze, and operationalize their data for decision-making.
Palantir Technologies reported revenues of $1.63 billion, up 84.7% year on year, outperforming analysts’ expectations by 6.1%. The business had a stunning quarter with an impressive beat of analysts’ billings and EBITDA estimates.
Palantir Technologies achieved the biggest analyst estimate beat, highest guidance raise, and fastest revenue growth among its peers. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 20.1% since reporting. It currently trades at $116.73.
Is now the time to buy Palantir Technologies? Access our full analysis of the earnings results here, it’s free.
Strategy (NASDAQ: MSTR)
Once a traditional business intelligence software provider, Strategy (NASDAQ: MSTR) develops AI-powered enterprise analytics software while also functioning as a major corporate holder of Bitcoin cryptocurrency.
Strategy reported revenues of $124.3 million, up 11.9% year on year, exceeding analysts’ expectations by 2%. Still, it was a softer quarter as it posted a significant miss of analysts’ billings estimates.
As expected, the stock is down 50% since the results and currently trades at $93.48.
Read our full analysis of Strategy’s results here.
Health Catalyst (NASDAQ: HCAT)
Built on its "Health Catalyst Flywheel" methodology that emphasizes measurable outcomes, Health Catalyst (NASDAQ: HCAT) provides data and analytics technology and services that help healthcare organizations manage their data and drive measurable clinical, financial, and operational improvements.
Health Catalyst reported revenues of $70.76 million, down 10.9% year on year. This number surpassed analysts’ expectations by 2.3%. Zooming out, it was a slower quarter as it logged full-year EBITDA guidance missing analysts’ expectations and revenue guidance for next quarter missing analysts’ expectations.
Health Catalyst had the weakest guidance update, slowest revenue growth, and weakest full-year guidance update among its peers. The stock is up 43.4% since reporting and currently trades at $1.98.
Read our full, actionable report on Health Catalyst here, it’s free.
Amplitude (NASDAQ: AMPL)
Born from the realization that companies were flying blind when it came to understanding user behavior in their digital products, Amplitude (NASDAQ: AMPL) provides a digital analytics platform that helps businesses understand how people use their digital products to improve user experiences and drive revenue growth.
Amplitude reported revenues of $93.49 million, up 16.9% year on year. This result topped analysts’ expectations by 0.6%. More broadly, it was a mixed quarter as it also recorded an impressive beat of analysts’ billings estimates but full-year EPS guidance missing analysts’ expectations significantly.
The company added 29 enterprise customers paying more than $100,000 annually to reach a total of 727. The stock is up 1.1% since reporting and currently trades at $7.60.
Read our full, actionable report on Amplitude here, it’s free.
Market Update
Late in 2025 into early 2026, there was hand-wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?
These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.
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