v3.26.1
Segment Reporting
 6 Months Ended
Jul. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting
18.
Segment Reporting

The Company operates as a single operating segment, the Gloo segment, consistent with how its Chief Operating Decision Maker (“CODM”), Chief Executive Officer, Scott Beck, reviews financial information, assesses performance and allocates resources. The Company primarily derives its revenue within the United States by providing a breadth of products, services and solutions to the faith-based ecosystem.

The CODM uses revenue, operating expenses, and net loss as reported in the Company’s condensed consolidated statements of operations to identify underlying trends in the performance of its business, make comparisons with the financial performance of its competitors, and determine how to allocate resources of the Company as a whole. The CODM does not review assets in evaluating the results of the Gloo segment, and therefore, such information is not repeated in this disclosure.

The following table presents the significant expenses and other segment items of the Gloo segment, as regularly provided to its CODM:

 

 

 

Three Months Ended
July 31,

 

 

Six Months Ended
July 31,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

(in thousands)

 

Revenue

 

$

 

46,573

 

 

$

 

16,173

 

 

$

 

88,103

 

 

$

 

28,475

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of revenue (1)

 

 

 

29,796

 

 

 

 

12,094

 

 

 

 

57,897

 

 

 

 

20,968

 

Depreciation and amortization

 

 

 

3,668

 

 

 

 

2,673

 

 

 

 

7,095

 

 

 

 

5,200

 

Hosting and software

 

 

 

2,365

 

 

 

 

1,204

 

 

 

 

4,487

 

 

 

 

2,194

 

Insurance

 

 

 

334

 

 

 

 

67

 

 

 

 

685

 

 

 

 

117

 

Maintenance and equipment

 

 

 

256

 

 

 

 

225

 

 

 

 

579

 

 

 

 

342

 

Outside services

 

 

 

342

 

 

 

 

925

 

 

 

 

80

 

 

 

 

2,691

 

Payroll and benefits

 

 

 

17,906

 

 

 

 

16,698

 

 

 

 

34,519

 

 

 

 

28,262

 

Professional services

 

 

 

1,167

 

 

 

 

1,794

 

 

 

 

3,729

 

 

 

 

3,489

 

Rent and utilities

 

 

 

1,055

 

 

 

 

793

 

 

 

 

2,158

 

 

 

 

1,425

 

Advertising and marketing

 

 

 

1,064

 

 

 

 

1,596

 

 

 

 

2,829

 

 

 

 

3,882

 

Travel and entertainment

 

 

 

632

 

 

 

 

1,214

 

 

 

 

917

 

 

 

 

2,007

 

Abandonment of Cap Software

 

 

 

190

 

 

 

 

—

 

 

 

 

190

 

 

 

 

—

 

Other operating expenses

 

 

 

8,299

 

 

 

 

1,265

 

 

 

 

12,179

 

 

 

 

4,350

 

Other segment expense (2)

 

 

 

664

 

 

 

 

19,725

 

 

 

 

(1,025

)

 

 

 

24,606

 

Net loss

 

$

 

(21,165

)

 

$

 

(44,100

)

 

$

 

(38,216

)

 

$

 

(71,058

)

 

(1)
Excludes depreciation and amortization.
(2)
Other segment items primarily include interest expense; other income (expense), net; and income tax (expense) benefit as reported in its condensed consolidated statements of operations.