DDOG (Datadog, Inc.) Stock Financials & Earnings | Market Cap Arena

DDOG (Datadog, Inc.) Stock Financials & Earnings | Market Cap Arena

DDOGDatadog, Inc.

Mkt Cap$45B

Technology·Software - Application·🇺🇸 United States·NASDAQ

Revenue (TTM)$3.4B

Net Income (TTM)$108M

EPS (TTM)$0.30

Free Cash Flow (TTM)$1.0B

Gross Margin79.9%

Op. Margin-1.3%

Net Margin3.1%

FCF Margin29.2%

P/S Ratio (TTM)13.0x

P/E Ratio (TTM)413.5x

YoY Rev Growth+27.7%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$482M	$382M	-$35M
Q2 23	$509M	$407M	-$22M
Q3 23	$548M	$444M	-$4M
Q4 23	$590M	$485M	$28M
Q1 24	$611M	$501M	$12M
Q2 24	$645M	$522M	$13M
Q3 24	$690M	$552M	$20M
Q4 24	$738M	$593M	$9M
Q1 25	$762M	$604M	-$12M
Q2 25	$827M	$661M	-$36M
Q3 25	$886M	$709M	-$6M
Q4 25	$953M	$766M	$9M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	24.8x	—
Q2 23	23.5x	—
Q3 23	22.2x	—
Q4 23	20.9x	917.3x
Q1 24	19.7x	386.4x
Q2 24	18.6x	273.2x
Q3 24	17.6x	231.9x
Q4 24	16.6x	242.5x
Q1 25	15.7x	268.8x
Q2 25	14.8x	357.6x
Q3 25	13.9x	417.3x
Q4 25	13.0x	413.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$134M	$116M
Q2 23	$153M	$142M
Q3 23	$153M	$138M
Q4 23	$220M	$201M
Q1 24	$212M	$187M
Q2 24	$164M	$144M
Q3 24	$229M	$248M
Q4 24	$265M	$257M
Q1 25	$272M	$244M
Q2 25	$200M	$203M
Q3 25	$251M	$235M
Q4 25	$327M	$318M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$17M
Q2 23	$11M
Q3 23	$15M
Q4 23	$19M
Q1 24	$26M
Q2 24	$21M
Q3 24	$19M
Q4 24	$8M
Q1 25	$27M
Q2 25	$3M
Q3 25	$17M
Q4 25	$9M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+32.7%	+46.5%
Q2 23	+25.4%	+29.9%
Q3 23	+25.4%	+17.9%
Q4 23	+25.6%	+11.5%
Q1 24	+26.9%	+16.0%
Q2 24	+26.7%	+19.0%
Q3 24	+26.0%	+21.4%
Q4 24	+25.1%	+29.6%
Q1 25	+24.6%	+29.2%
Q2 25	+28.1%	+36.3%
Q3 25	+28.4%	+33.1%
Q4 25	+29.2%	+29.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$113M	23.4%
Q2 23	$118M	23.2%
Q3 23	$123M	22.5%
Q4 23	$128M	21.7%
Q1 24	$135M	22.1%
Q2 24	$135M	20.9%
Q3 24	$142M	20.6%
Q4 24	$158M	21.5%
Q1 25	$164M	21.6%
Q2 25	$180M	21.8%
Q3 25	$201M	22.6%
Q4 25	$205M	21.5%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q1 23	$229M	—	—	$187M
Q2 23	$239M	—	—	$190M
Q3 23	$240M	—	—	$208M
Q4 23	$253M	—	—	$204M
Q1 24	$270M	$45M	$174M	—
Q2 24	$275M	$48M	$187M	—
Q3 24	$292M	$52M	$188M	—
Q4 24	$316M	$60M	$207M	—
Q1 25	$341M	$61M	$214M	—
Q2 25	$387M	$70M	$239M	—
Q3 25	$402M	$74M	$239M	—
Q4 25	$418M	$75M	$264M	—

Rule of 40

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 23	32.7%	-1.7%	31.0
Q2 23	25.4%	2.2%	27.6
Q3 23	25.4%	6.8%	32.2
Q4 23	25.6%	13.8%	39.5
Q1 24	26.9%	9.8%	36.6
Q2 24	26.7%	9.4%	36.1
Q3 24	26.0%	10.4%	36.4
Q4 24	25.1%	11.7%	36.8
Q1 25	24.6%	8.0%	32.6
Q2 25	28.1%	4.6%	32.7
Q3 25	28.4%	9.4%	37.8
Q4 25	29.2%	4.7%	33.9

Revenue by Geography

Quarter

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$223M	$1.8B	$2.0B
Q2 23	$291M	$1.9B	$2.2B
Q3 23	$261M	$2.1B	$2.3B
Q4 23	$330M	$2.3B	$2.6B
Q1 24	$282M	$2.5B	$2.8B
Q2 24	$411M	$2.5B	$3.0B
Q3 24	$337M	$2.9B	$3.2B
Q4 24	$1.2B	$2.9B	$4.2B
Q1 25	$1.1B	$3.4B	$4.4B
Q2 25	$489M	$3.4B	$3.9B
Q3 25	$541M	$3.6B	$4.1B
Q4 25	$401M	$4.1B	$4.5B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	319M	+0.6%
Q2 23	322M	+0.9%
Q3 23	351M	+9.0%
Q4 23	353M	+0.5%
Q1 24	356M	+0.9%
Q2 24	357M	+0.2%
Q3 24	358M	+0.3%
Q4 24	361M	+0.9%
Q1 25	363M	+0.6%
Q2 25	361M	-0.5%
Q3 25	362M	+0.2%
Q4 25	366M	+1.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 17	—	—
FY 18	—	—
FY 19	$259K	1K
FY 20	$276K	2K
FY 21	$321K	3K
FY 22	$349K	5K
FY 23	$409K	5K
FY 24	$413K	7K
FY 25	$952K	4K