Datadog (DDOG) financials
NASDAQ · Technology · Software - Application · 8,100 employees · CEO Olivier Pomel
- Price
- $235.27 -11.50%
- Market cap
- $84.5B
- Enterprise value
- $85.3B
- Last report
- Q2 '26 filed 2026-08-06
- Next report
- 2026-11-04 EPS est. $0.64
Revenue (TTM)$3.97B+31.5% vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)0.4%+0.9 pp vs a year agoOperating income $15M
Net income (TTM)$178M+42.5% vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)$1.15B+21.2% vs a year agoCapex $74.2M
Diluted EPS (TTM)$0.49+42.9% vs a year agoSum of the last 4 quarters
Net cash$3.71B+40.1% vs a year agoCash + short-term investments - debt
Valuation & key figures
- Market cap
- $84.5B EV $85.3B
- Revenue
- $3.97B Trailing 12 months
- Revenue growth
- +31% FY2026 consensus
- Profit margin
- 4.5% Net income / revenue, TTM
- P/E
- 473.2× Forward 92.8× (FY2026)
- P/S
- 21.3× Price / sales, TTM
- EV / EBITDA
- 284.5× TTM
- Free cash flow
- $1.15B Trailing 12 months
- Net income
- $178M Trailing 12 months
- Revenue estimate
- $4.48B FY2026 consensus
- Earnings
- 2026-11-04 Revenue est. $1.15B
- Dividend
- – No dividend
Key takeaways
Computed from the reported numbers - every statement carries the figure it rests on.
- Last report (2026-08-06): revenue beat by 3.9%, EPS beat by 11.5%Revenue $1.12B vs $1.08B expected (+3.9%); EPS $0.65 vs $0.58 (+11.5%).
- Revenue growth accelerating: 35.6% year on yearQ2 '26 revenue $1.12B, against an average of 29.5% over the four quarters before.
- Operating margin 0.4% (TTM), +0.9 pp on a year agoOperating income grew 188.6% while revenue grew 31.5%.
- 92.5% of pre-tax profit is non-operatingPre-tax income $200M vs operating income $15M (TTM). Gains on equity stakes and other one-off items lift net income and EPS - operating income is the cleaner measure of the business.
- Capex 1.9% of revenue (a year ago 0.4%)$74.2M invested in the last 4 quarters (+495.9% on a year earlier). Free cash flow $1.15B = 650.3% of net income.
- Diluted share count up 1.9% in a year368M diluted shares in Q2 '26, 361M a year earlier.
- Net cash $3.71BCash + short-term investments $4.99B, debt incl. leases $1.28B; a year ago net cash $2.65B.
Last quarter: Q2 '26
Quarter ended 2026-06-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.
Quarter vs a year ago
| Q2 '26 | Year ago | Change | |
|---|---|---|---|
| Revenue | $1.12B | $827M | +35.6% |
| Gross margin | 78.6% | 79.9% | -1.3 pp |
| Operating income | $5.46M | -$34.1M | +116.0% |
| Operating margin | 0.5% | -4.1% | +4.6 pp |
| Net income | $44.6M | $2.65M | +1,583.3% |
| Diluted EPS | $0.12 | $0.01 | +1,521.6% |
| Operating cash flow | $316M | $200M | +57.9% |
| Capex | $37.2M | -$3.25M | +1,243.6% |
| Free cash flow | $279M | $203M | +37.1% |
| R&D | $478M | $387M | +23.4% |
| Stock-based compensation | $220M | $180M | +22.0% |
Reported vs consensus
2026-08-06| Actual | Consensus | vs consensus | |
|---|---|---|---|
| Revenue | $1.12B | $1.08B | +3.9% |
| EPS (as estimated) | $0.65 | $0.58 | +11.5% |
From the report of 2026-08-06 for Q2 '26: revenue and the EPS analysts estimate (often adjusted), so it can differ from the EPS of the statements above.
EPS vs consensus
last 8 reportsRevenue
Where the money comes from - by business line and by region, quarter by quarter.
Revenue, operating income and growth
quarterlyRevenue by region
share of total| Segment | Q2 '26 | y/y | Share | TTM | TTM y/y | 12 quarters |
|---|---|---|---|---|---|---|
| United States | $790M | +41.2% | 41.3% | $2.74B | +11.7% | |
| North America | $825M | +40.6% | 43.1% | $2.86B | +11.4% | |
| International | $297M | +23.6% | 15.5% | $1.11B | +1.2% |
Margins & cost structure
How much of each unit of revenue is left at each level - and where the costs go.
Margins
quarterlyCosts as % of revenue
quarterlyCash flow & capital allocation
Cash generated, what it is spent on, and what reaches shareholders.
Operating cash flow, capex, free cash flow
quarterlyUses of cash vs operating cash flow
fiscal yearsLast 4 quarters
cash flow statement- Operating cash flow
- $1.23B
- Capex
- -$74.2M
- Buybacks
- $0
- Dividends
- $0
- Acquisitions
- -$113M
- Net debt issued
- $0
- Stock-based compensation
- $823M
- Free cash flow
- $1.15B
- Returned to shareholders / FCF
- -0.0%
Share count and EPS
quarterly, dilutedBalance sheet
Liquidity, investments and debt at each quarter end.
Cash, investments and debt
quarter endsValuation & returns
Today's multiples against the company's own last five fiscal years; analyst targets and ratings.
Multiples and returns
TTM vs 5 fiscal years| Now | 5y average | Where today sits in the 5-year range | |
|---|---|---|---|
| P/E (TTM) | 473.2× | 502.6× 3 of 5 years | 259.8× – 809.2× |
| EV / EBITDA | 284.5× | 954.9× | 182.9× – 2,173.9× |
| EV / Sales | 21.5× | 23.8× | 14.1× – 54.0× |
| Price / FCF | 73.2× | 90.4× | 47.2× – 219.7× |
| Price / Book | 19.1× | 23.8× | 12.7× – 52.9× |
| FCF yield | 1.4% | 1.5% | 0.5% – 2.1% |
| Return on invested capital | 0.2% | -0.8% | -2.6% – 1.1% |
| Return on equity | 4.6% | 1.3% | -3.6% – 6.8% |
Analysts
Consensus target $291.27 (+23.8%)
range $158.00 – $350.00 · rating Buy
Strong buy0
Buy41
Hold6
Sell1
Strong sell0
Outlook
Analyst consensus for the coming fiscal years and what it implies at today's price.
Consensus estimates
| Fiscal year | Revenue | Growth | EPS | Growth | P/E at today's price | Analysts (EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $4.48B | +30.6% | $2.54 | +745.3% | 92.8× | 26 |
| FY2027 | $5.49B | +22.6% | $2.97 | +17.3% | 79.1× | 27 |
| FY2028 | $6.77B | +23.3% | $3.64 | +22.4% | 64.6× | 11 |
| FY2029 | $8.59B | +26.9% | $4.34 | +19.2% | 54.2× | 4 |
| FY2030 | $9.04B | +5.2% | $5.26 | +21.2% | 44.7× | 4 |
Financial statements
Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.
Every reported line
All 229 figures Datadog, Inc. tagged in its recent 10-Q / 10-K filings, with the official SEC label and definition - including the notes (leases, taxes, buybacks, employees, ...).
| Line (SEC label) | Latest quarter | Year ago | y/y | Latest FY | Prior FY | y/y |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $314M | $199M | +57.7% | $149M | $108M | +38.1% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $827M | $604M | +36.9% | $741M | $599M | +23.8% |
| Accounts Receivable, Allowance for Credit Loss, Current | $24M | $17.4M | +37.9% | $19.3M | $16.3M | +18.3% |
| Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease) | $7.3M | $4.2M | +73.8% | – | – | – |
| Accounts Receivable, Allowance for Credit Loss, Writeoff | – | – | – | $14.1M | $9.3M | +51.6% |
| Accounts Receivable, Credit Loss Expense (Reversal) | $5.64M | $3.9M | +44.8% | $17M | $14.8M | +14.7% |
| Accretion (Amortization) of Discounts and Premiums, Investments | $12.5M | $10.9M | +14.2% | $44.5M | $51.9M | -14.3% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $225M | $145M | +54.9% | $181M | $193M | -5.9% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$6.76M | $8.29M | -181.6% | $15.4M | -$4.7M | +427.7% |
| Additional Paid in Capital, Common Stock | $4.14B | $3.13B | +32.2% | $3.58B | $2.69B | +33.1% |
| Adjustments to Additional Paid in Capital, Equity Component of Convertible Debt | $02025-12-31 | – | – | -$157K | – | – |
| Amortization of Debt Issuance Costs | $1.05M | $1.69M | -38.0% | $5.4M2019-12-31 | $2.67M | +102.2% |
| Amortization of Debt Issuance Costs and Discounts | $1.05M | $1.69M | -38.0% | $5.6M | $3.76M | +48.9% |
| Amortization of Intangible Assets | $1.7M | $1.7M | 0.0% | $6.5M | $6.4M | +1.6% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | -4.01M | 1.69M | -338.0% | 648K | 365K | +77.5% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $227M | $186M | +21.8% | $774M | $583M | +32.7% |
| Assets | $7.55B | $5.82B | +29.6% | $6.64B | $5.79B | +14.8% |
| Assets, Current | $6.01B | $4.64B | +29.4% | $5.38B | $4.91B | +9.6% |
| Capitalized Contract Cost, Amortization | $22.1M | $15.9M | +39.0% | $66.8M | $52M | +28.3% |
| Cash and Cash Equivalents, at Carrying Value | $435M | $489M | -11.1% | $401M | $1.25B | -67.8% |
| Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months | $300K | – | – | – | – | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $435M | $489M | -11.1% | $401M | $1.25B | -67.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $8.6M | -$591M | +101.5% | -$846M | $917M | -192.3% |
| Common Stock, Capital Shares Reserved for Future Issuance | 136M2025-12-31 | 125M | +8.7% | 136M | 125M | +8.7% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $41.2M | $9.6M | +329.4% | $128M | $181M | -29.5% |
| Contract with Customer, Liability, Current | $1.29B | $966M | +33.1% | $1.19B | $962M | +24.1% |
| Contract with Customer, Liability, Noncurrent | $50.9M | $29.9M | +70.3% | $68.7M | $22.7M | +202.8% |
| Contract with Customer, Liability, Revenue Recognized | $617M | $436M | +41.7% | $953M | $760M | +25.5% |
| Contractual Obligation | $375M2025-12-31 | $366M | +2.6% | $375M | $366M | +2.6% |
| Convertible Notes Payable, Current | $02025-12-31 | $634M | -100.0% | $0 | $634M | -100.0% |
| Convertible Notes Payable, Noncurrent | $986M | $981M | +0.4% | $983M | $979M | +0.4% |
| Cost of Goods and Services Sold | $240M | $166M | +44.7% | $687M | $516M | +33.3% |
| Current Federal Tax Expense (Benefit) | – | – | – | -$2.94M | $4.69M | -162.6% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $23.1M | $14.6M | +58.0% |
| Current Income Tax Expense (Benefit) | – | – | – | $20.5M | $22.6M | -9.2% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $408K | $3.32M | -87.7% |
| Debt Securities, Available-for-sale | $4.55B | $3.42B | +33.0% | $4.07B | $2.94B | +38.5% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax | $776K | $6.44M | -87.9% | $8.5M | $5.08M | +67.3% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax | $9.49M | $886K | +971.1% | $137K | $2.63M | -94.8% |
| Debt Securities, Available-for-sale, Amortized Cost | $4.56B | $3.42B | +33.5% | $4.07B | $2.94B | +38.3% |
| Debt Securities, Available-for-sale, Current | $4.55B | $3.42B | +33.0% | $4.07B | $2.94B | +38.5% |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Fair Value | $4.55B | $3.42B | +33.0% | $4.07B | $2.94B | +38.5% |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after One Through Five Years, Fair Value | $1.68B | $1.34B | +25.3% | $1.53B | $1.26B | +20.8% |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value | $2.87B | $2.08B | +37.9% | $2.55B | $1.68B | +51.7% |
| Deferred Costs | $232M | $158M | +47.4% | $203M | $143M | +42.0% |
| Deferred Costs, Current | $87.4M | $62.1M | +40.7% | $76M | $56.1M | +35.5% |
| Deferred Costs, Noncurrent | $145M | $95.6M | +51.8% | $127M | $86.6M | +46.4% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$1.24M | -$2.4M | +48.4% |
| Deferred Income Tax Expense (Benefit) | – | – | – | -$1.24M | -$2.4M | +48.4% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Deferred Tax Assets, Gross | $655M2025-12-31 | $569M | +15.2% | $655M | $569M | +15.2% |
| Deferred Tax Assets, Net | $5.65M2025-12-31 | $3.81M | +48.2% | $5.65M | $3.81M | +48.2% |
| Deferred Tax Assets, Net of Valuation Allowance | $112M2025-12-31 | $80.2M | +40.0% | $112M | $80.2M | +40.0% |
| Deferred Tax Assets, Operating Loss Carryforwards | $116M2025-12-31 | $22.8M | +406.7% | $116M | $22.8M | +406.7% |
| Deferred Tax Assets, Operating Loss Carryforwards, Domestic | $340M2025-12-31 | – | – | $340M | – | – |
| Deferred Tax Assets, Operating Loss Carryforwards, State and Local | $474M2025-12-31 | $263M | +80.3% | $474M | $263M | +80.3% |
| Deferred Tax Assets, Other | $61.3M2025-12-31 | $57M | +7.5% | $61.3M | $57M | +7.5% |
| Deferred Tax Assets, Tax Credit Carryforwards, Research | $132M2025-12-31 | $103M | +27.9% | $132M | $103M | +27.9% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost | $68.2M2025-12-31 | $55.3M | +23.4% | $68.2M | $55.3M | +23.4% |
Source: SEC companyfacts (XBRL of every 10-Q / 10-K). Cash-flow quarters are derived from the year-to-date figures the 10-Q tags. Segment breakdowns are tagged with dimensions and are shown in the segment section instead.
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-01