Datadog (DDOG) Financials

$131.22 +2.07 (+1.60%)

Closing price 08/22/2025 04:00 PM Eastern

Extended Trading

$131.40 +0.19 (+0.14%)

As of 08/22/2025 07:56 PM Eastern

Annual Income Statements for Datadog

This table shows Datadog's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-2.57	-11	-17	-25	-21	-50	49	184
Consolidated Net Income / (Loss)	-2.57	-11	-17	-25	-21	-50	49	184
Net Income / (Loss) Continuing Operations	-2.57	-11	-17	-25	-21	-50	49	184
Total Pre-Tax Income	-2.11	-10	-16	-22	-18	-38	60	204
Total Operating Income	-2.96	-11	-20	-14	-19	-59	-33	54
Total Gross Profit	77	152	274	473	795	1,328	1,718	2,169
Total Revenue	101	198	363	603	1,029	1,675	2,128	2,684
Operating Revenue	101	198	363	603	1,029	1,675	2,128	2,684
Total Cost of Revenue	23	47	89	130	234	347	410	516
Operating Cost of Revenue	23	47	89	130	234	347	410	516
Total Operating Expenses	80	163	294	487	814	1,387	1,752	2,114
Selling, General & Admin Expense	11	19	36	63	94	139	180	205
Marketing Expense	44	89	147	214	299	495	609	757
Research & Development Expense	25	55	111	211	420	752	962	1,153
Total Other Income / (Expense), net	0.84	0.79	4.16	-8.45	0.73	21	94	150
Interest Expense	-	0.00	0.03	30	21	17	6.30	7.07
Interest & Investment Income	-	0.79	4.20	22	22	37	100	157
Income Tax Expense	0.46	0.52	0.73	2.33	2.32	12	12	20
Basic Earnings per Share	($0.04)	($0.15)	($0.12)	($0.08)	($0.07)	($0.16)	$0.15	$0.55
Weighted Average Basic Shares Outstanding	61M	71M	139.87M	300.35M	309.05M	315.41M	324.03M	336.17M
Diluted Earnings per Share	($0.04)	($0.15)	($0.12)	($0.08)	($0.07)	($0.16)	$0.14	$0.52
Weighted Average Diluted Shares Outstanding	61M	71M	139.87M	300.35M	309.05M	315.41M	350.29M	358.64M
Weighted Average Basic & Diluted Shares Outstanding	61M	71M	140M	300M	313.91M	319.89M	331.87M	342.76M

This table shows Datadog's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	-29	-24	-3.97	23	54	43	44	52	46	25	2.65
Consolidated Net Income / (Loss)	-29	-24	-3.97	23	54	43	44	52	46	25	2.65
Net Income / (Loss) Continuing Operations	-29	-24	-3.97	23	54	43	44	52	46	25	2.65
Total Pre-Tax Income	-26	-20	-0.91	24	57	46	48	56	54	32	6.09
Total Operating Income	-35	-35	-22	-4.23	28	12	13	20	9.39	-12	-36
Total Gross Profit	373	382	408	444	485	501	522	552	594	604	661
Total Revenue	469	482	509	548	590	611	645	690	738	762	827
Operating Revenue	469	482	509	548	590	611	645	690	738	762	827
Total Cost of Revenue	97	100	102	103	105	110	123	138	144	158	166
Operating Cost of Revenue	97	100	102	103	105	110	123	138	144	158	166
Total Operating Expenses	407	417	430	448	457	489	509	532	584	616	696
Selling, General & Admin Expense	39	42	43	51	44	45	48	52	60	61	70
Marketing Expense	149	145	147	157	160	174	187	188	208	214	239
Research & Development Expense	219	229	239	240	253	270	275	292	316	341	387
Total Other Income / (Expense), net	8.77	15	21	29	30	34	35	36	44	44	42
Interest Expense	3.02	2.18	1.53	1.30	1.29	1.37	1.48	1.57	2.64	2.96	3.08
Interest & Investment Income	12	17	-	30	-	36	37	37	-	47	45
Income Tax Expense	3.18	3.66	3.06	1.67	3.27	3.55	3.97	4.44	8.23	7.15	3.44
Basic Earnings per Share	($0.09)	($0.08)	($0.01)	$0.07	$0.17	$0.13	$0.13	$0.15	$0.14	$0.07	$0.01
Weighted Average Basic Shares Outstanding	315.41M	319.29M	322.22M	325.56M	324.03M	331.81M	334.94M	337.56M	336.17M	343.10M	346.19M
Diluted Earnings per Share	($0.09)	($0.08)	($0.01)	$0.06	$0.17	$0.12	$0.12	$0.14	$0.14	$0.07	$0.01
Weighted Average Diluted Shares Outstanding	315.41M	319.29M	322.22M	351.31M	350.29M	355.98M	356.74M	357.64M	358.64M	363.08M	358.73M
Weighted Average Basic & Diluted Shares Outstanding	319.89M	321.88M	325.00M	328.55M	331.87M	334.50M	337.15M	339.72M	342.76M	345.35M	348.75M

This table details how cash moves in and out of Datadog's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	1.48	1.16	536	-372	46	68	-12	917
Net Cash From Operating Activities	14	11	24	109	287	418	660	871
Net Cash From Continuing Operating Activities	14	11	24	109	287	418	660	871
Net Income / (Loss) Continuing Operations	-2.57	-11	-17	-25	-21	-50	49	184
Consolidated Net Income / (Loss)	-2.57	-11	-17	-25	-21	-50	49	184
Depreciation Expense	2.70	6.03	12	15	23	35	44	55
Amortization Expense	1.27	2.67	5.41	39	37	36	0.97	3.88
Non-Cash Adjustments To Reconcile Net Income	3.45	5.73	33	92	184	391	521	615
Changes in Operating Assets and Liabilities, net	8.97	7.16	-9.54	-12	63	6.39	45	13
Net Cash From Investing Activities	-13	-17	-202	-1,153	-274	-385	-731	-737
Net Cash From Continuing Investing Activities	-13	-17	-202	-1,153	-274	-385	-731	-737
Purchase of Property, Plant & Equipment	-7.80	-16	-23	-26	-36	-65	-62	-96
Acquisitions	-4.96	-1.62	-2.14	-2.36	-227	-46	-12	-7.13
Purchase of Investments	0.00	0.00	-177	-1,795	-1,126	-1,414	-2,558	-2,653
Sale and/or Maturity of Investments	-	0.00	0.00	670	1,114	1,140	1,902	2,019
Net Cash From Financing Activities	0.46	7.78	714	670	35	36	58	787
Net Cash From Continuing Financing Activities	0.46	7.78	714	670	35	36	58	787
Repayment of Debt	-	-	-	0.00	0.00	-0.00	0.00	-197
Issuance of Debt	-	0.00	0.00	730	-	0.00	0.00	979
Issuance of Common Equity	0.00	0.00	706	15	20	26	37	44
Other Financing Activities, net	0.46	7.78	7.90	-75	15	10	21	-39
Effect of Exchange Rate Changes	-0.05	-	-0.02	0.78	-1.99	-1.94	1.18	-4.20
Cash Income Taxes Paid	0.04	0.04	0.14	0.41	1.49	1.60	17	21

This table details how cash moves in and out of Datadog's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Change in Cash & Equivalents	44	-120	69	-30	69	-48	129	-74	910	-167	-591
Net Cash From Operating Activities	114	134	153	153	220	212	164	229	265	272	200
Net Cash From Continuing Operating Activities	114	134	153	153	220	212	164	229	265	272	200
Net Income / (Loss) Continuing Operations	-29	-24	-3.97	23	54	43	44	52	46	25	2.65
Consolidated Net Income / (Loss)	-29	-24	-3.97	23	54	43	44	52	46	25	2.65
Depreciation Expense	9.80	10	11	12	12	13	12	14	16	11	13
Amortization Expense	6.42	4.30	2.10	-1.89	-3.53	-1.43	0.79	1.54	2.98	6.30	6.74
Non-Cash Adjustments To Reconcile Net Income	120	122	128	133	138	145	146	153	172	177	194
Changes in Operating Assets and Liabilities, net	6.77	21	17	-13	19	14	-38	8.88	29	52	-16
Net Cash From Investing Activities	-89	-256	-110	-191	-174	-261	-60	-307	-109	-443	-191
Net Cash From Continuing Investing Activities	-89	-256	-110	-191	-174	-261	-60	-307	-109	-443	-191
Purchase of Property, Plant & Equipment	-18	-17	-11	-15	-19	-26	-21	-25	-24	-27	-35
Acquisitions	-5.58	-	-	-4.34	-6.13	0.00	-	-0.21	-6.48	-1.82	-115
Purchase of Investments	-346	-758	-633	-622	-546	-637	-603	-906	-507	-970	-751
Sale and/or Maturity of Investments	281	519	536	449	397	402	564	624	429	556	710
Net Cash From Financing Activities	14	2.10	25	9.87	21	2.19	24	1.23	759	1.65	-605
Net Cash From Continuing Financing Activities	14	2.10	25	9.87	21	2.19	24	1.23	759	1.65	-605
Repayment of Debt	-	-	-	-	-	0.00	-	-0.02	-197	-0.02	-636
Other Financing Activities, net	1.73	2.10	5.44	9.87	3.51	2.19	1.75	1.26	-44	1.67	1.69
Effect of Exchange Rate Changes	4.93	0.62	0.21	-1.61	1.95	-1.37	-0.20	3.10	-5.72	3.09	5.64
Cash Income Taxes Paid	0.51	3.02	7.66	3.49	2.34	4.65	10	0.99	5.18	3.66	7.65

This table presents Datadog's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	180	1,038	1,890	2,381	3,005	3,936	5,785
Total Current Assets	122	904	1,718	1,871	2,344	3,178	4,911
Cash & Equivalents	54	597	225	271	339	330	1,247
Short-Term Investments	0.00	177	1,293	1,283	1,545	2,253	2,942
Accounts Receivable	56	102	163	269	400	509	599
Prepaid Expenses	8.77	19	24	24	27	41	67
Other Current Assets	3.72	8.35	14	23	33	45	56
Plant, Property, & Equipment, net	22	33	47	75	125	172	227
Total Noncurrent Assets	36	101	125	435	535	586	647
Goodwill	7.63	9.06	18	292	348	353	360
Intangible Assets	1.29	1.44	2.07	16	16	9.62	3.71
Other Noncurrent Operating Assets	16	91	105	127	171	224	283
Total Liabilities & Shareholders' Equity	180	1,038	1,890	2,381	3,005	3,936	5,785
Total Liabilities	115	256	933	1,340	1,594	1,911	3,071
Total Current Liabilities	112	200	298	529	760	1,003	1,863
Short-Term Debt	-	-	-	-	-	0.00	634
Accounts Payable	13	15	21	25	23	88	108
Current Deferred Revenue	69	134	205	372	543	766	962
Other Current Liabilities	0.00	12	16	131	193	150	159
Total Noncurrent Liabilities	2.75	55	635	811	835	908	1,208
Long-Term Debt	-	0.00	576	735	739	742	979
Noncurrent Deferred Revenue	1.39	4.34	3.45	14	13	21	23
Other Noncurrent Operating Liabilities	1.36	51	56	62	83	144	206
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-76	782	957	1,041	1,411	2,025	2,714
Total Preferred & Common Equity	-76	782	957	1,041	1,411	2,025	2,714
Total Common Equity	-76	782	957	1,041	1,411	2,025	2,714
Common Stock	31	906	1,103	1,197	1,625	2,181	2,689
Retained Earnings	-107	-124	-148	-152	-202	-154	30
Accumulated Other Comprehensive Income / (Loss)	0.03	0.13	2.29	-3.83	-12	-2.22	-4.70

This table presents Datadog's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025
Total Assets	2,798	3,140	3,312	3,543	4,141	4,412	4,631	6,010	5,822
Total Current Assets	2,177	2,463	2,600	2,819	3,334	3,592	3,789	5,076	4,645
Cash & Equivalents	295	223	291	261	282	411	337	1,080	489
Short-Term Investments	1,471	1,795	1,894	2,080	2,499	2,549	2,862	3,370	3,422
Accounts Receivable	349	367	333	401	451	533	487	490	604
Prepaid Expenses	32	43	44	37	55	49	51	78	67
Other Current Assets	30	35	38	40	46	50	52	59	62
Plant, Property, & Equipment, net	111	138	145	158	182	199	216	250	283
Total Noncurrent Assets	510	538	567	566	625	621	626	684	895
Goodwill	333	349	350	349	351	351	353	362	531
Intangible Assets	16	14	12	10	7.31	5.80	4.42	2.63	17
Other Noncurrent Operating Assets	162	176	205	207	267	265	269	320	346
Total Liabilities & Shareholders' Equity	2,798	3,140	3,312	3,543	4,141	4,412	4,631	6,010	5,822
Total Liabilities	1,508	1,628	1,663	1,737	1,939	2,005	2,002	3,094	2,627
Total Current Liabilities	674	773	761	842	973	1,791	1,780	1,855	1,353
Short-Term Debt	-	-	-	-	-	744	745	635	0.00
Accounts Payable	28	42	48	85	64	116	92	98	199
Current Deferred Revenue	479	562	567	637	767	802	796	949	966
Other Current Liabilities	22	169	146	121	141	129	148	172	188
Total Noncurrent Liabilities	834	855	901	894	966	214	222	1,239	1,273
Long-Term Debt	738	740	741	741	743	0.00	0.00	980	981
Noncurrent Deferred Revenue	9.46	23	28	18	26	14	18	22	30
Other Noncurrent Operating Liabilities	86	92	133	135	197	200	204	237	262
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,289	1,512	1,649	1,806	2,202	2,407	2,629	2,917	3,196
Total Preferred & Common Equity	1,289	1,512	1,649	1,806	2,202	2,407	2,629	2,917	3,196
Total Common Equity	1,289	1,512	1,649	1,806	2,202	2,407	2,629	2,917	3,196
Common Stock	1,488	1,744	1,892	2,028	2,321	2,484	2,632	2,861	3,130
Retained Earnings	-173	-226	-230	-208	-111	-67	-16	55	57
Accumulated Other Comprehensive Income / (Loss)	-25	-5.77	-12	-14	-7.70	-9.72	13	1.34	8.29

This table displays calculated financial ratios and metrics derived from Datadog's official financial filings.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	96.58%	83.15%	66.34%	70.48%	62.82%	27.06%	26.12%
EBITDA Growth	0.00%	-225.25%	-0.94%	1,821.97%	1.55%	-70.82%	-0.47%	844.41%
EBIT Growth	0.00%	-422.15%	-82.54%	31.61%	-39.08%	-206.41%	42.99%	262.22%
NOPAT Growth	0.00%	-273.24%	-82.54%	31.61%	-39.08%	-206.41%	34.33%	281.26%
Net Income Growth	0.00%	-318.75%	-55.27%	-46.90%	15.49%	-141.79%	196.83%	278.33%
EPS Growth	0.00%	-275.00%	20.00%	33.33%	12.50%	-128.57%	187.50%	271.43%
Operating Cash Flow Growth	0.00%	-21.71%	123.79%	350.16%	162.67%	46.02%	57.73%	31.92%
Free Cash Flow Firm Growth	0.00%	0.00%	-202.17%	24.58%	-1,184.84%	61.84%	163.61%	78.04%
Invested Capital Growth	0.00%	0.00%	3,975.00%	89.21%	1,303.29%	19.25%	-30.31%	-24.95%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	11.84%	16.89%	9.35%	5.99%	5.84%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	23.71%	57.49%	-78.64%	128.06%	-6.74%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-93.96%	47.59%	-275.96%	65.08%	-25.26%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-93.96%	47.59%	-275.96%	59.78%	-27.32%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-227.47%	52.93%	-259.39%	240.94%	-4.37%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-233.33%	50.00%	-220.00%	216.67%	-5.45%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	977.55%	6.23%	47.26%	-0.32%	19.09%	5.45%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-12.52%	-77.78%	541.74%	-3.49%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-71.29%	-1.20%	1.47%	-10.42%	-20.82%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	76.76%	76.51%	75.48%	78.43%	77.23%	79.30%	80.74%	80.79%
EBITDA Margin	1.85%	-1.18%	-0.65%	6.73%	4.01%	0.72%	0.56%	4.21%
Operating Margin	-2.93%	-5.57%	-5.55%	-2.28%	-1.86%	-3.50%	-1.57%	2.02%
EBIT Margin	-2.10%	-5.57%	-5.55%	-2.28%	-1.86%	-3.50%	-1.57%	2.02%
Profit (Net Income) Margin	-2.55%	-5.43%	-4.61%	-4.07%	-2.02%	-2.99%	2.28%	6.85%
Tax Burden Percent	121.63%	105.10%	104.59%	110.46%	112.61%	131.76%	80.63%	90.10%
Interest Burden Percent	100.00%	92.81%	79.32%	161.34%	96.17%	64.86%	-180.00%	375.69%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	19.37%	9.90%
Return on Invested Capital (ROIC)	0.00%	0.00%	-345.79%	-79.66%	-11.26%	-16.86%	-12.00%	30.26%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	-345.17%	-77.92%	-10.43%	-15.94%	-17.06%	24.15%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	341.85%	76.83%	9.19%	12.77%	14.83%	-22.50%
Return on Equity (ROE)	0.00%	-16.62%	-3.95%	-2.82%	-2.08%	-4.09%	2.83%	7.75%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	-271.02%	-141.35%	-184.66%	-34.43%	23.73%	58.76%
Operating Return on Assets (OROA)	0.00%	-6.14%	-3.31%	-0.94%	-0.90%	-2.18%	-0.96%	1.12%
Return on Assets (ROA)	0.00%	-5.99%	-2.74%	-1.68%	-0.97%	-1.86%	1.40%	3.78%
Return on Common Equity (ROCE)	0.00%	19.51%	-3.29%	-2.82%	-2.08%	-4.09%	2.83%	7.75%
Return on Equity Simple (ROE_SIMPLE)	0.00%	14.15%	-2.14%	-2.56%	-1.99%	-3.56%	2.40%	6.77%
Net Operating Profit after Tax (NOPAT)	-2.07	-7.72	-14	-9.64	-13	-41	-27	49
NOPAT Margin	-2.05%	-3.90%	-3.89%	-1.60%	-1.30%	-2.45%	-1.27%	1.82%
Net Nonoperating Expense Percent (NNEP)	0.00%	-9.35%	-0.62%	-1.74%	-0.83%	-0.92%	5.06%	6.11%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-1.91%	-0.97%	1.13%
Cost of Revenue to Revenue	23.24%	23.49%	24.52%	21.57%	22.77%	20.70%	19.26%	19.21%
SG&A Expenses to Revenue	11.27%	9.37%	9.89%	10.40%	9.18%	8.32%	8.47%	7.64%
R&D to Revenue	24.55%	27.86%	30.71%	34.90%	40.80%	44.91%	45.22%	42.94%
Operating Expenses to Revenue	79.70%	82.08%	81.03%	80.71%	79.09%	82.80%	82.31%	78.77%
Earnings before Interest and Taxes (EBIT)	-2.11	-11	-20	-14	-19	-59	-33	54
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1.87	-2.34	-2.36	41	41	12	12	113
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	14.29	31.31	53.37	16.55	19.69	17.88
Price to Tangible Book Value (P/TBV)	0.00	0.00	14.48	31.97	75.78	22.32	23.98	20.65
Price to Revenue (P/Rev)	6.43	3.27	30.81	49.68	54.02	13.93	18.74	18.08
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	821.11	264.19
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.12%	0.38%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	1,242.83	1,833.46	246.38	83.75	205.96	331.63
Enterprise Value to Revenue (EV/Rev)	0.00	3.71	28.67	48.12	53.22	13.25	17.87	17.12
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	715.12	1,327.92	1,844.68	3,176.55	406.46
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	846.79
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	939.86
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	67.89	429.25	266.17	191.08	53.05	57.64	52.80
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	712.98	483.91
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.60	0.71	0.52	0.37	0.59
Long-Term Debt to Equity	0.00	0.00	0.00	0.60	0.71	0.52	0.37	0.36
Financial Leverage	0.00	-1.00	-0.99	-0.99	-0.88	-0.80	-0.87	-0.93
Leverage Ratio	0.00	2.78	1.44	1.68	2.14	2.20	2.02	2.05
Compound Leverage Factor	0.00	2.58	1.14	2.72	2.06	1.42	-3.64	7.71
Debt to Total Capital	0.00%	0.00%	0.00%	37.56%	41.40%	34.38%	26.82%	37.28%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	14.65%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	37.56%	41.40%	34.38%	26.82%	22.63%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	217.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	-117.41%	100.00%	62.44%	58.60%	65.62%	73.18%	62.72%
Debt to EBITDA	0.00	0.00	0.00	14.18	17.84	61.41	61.98	14.27
Net Debt to EBITDA	0.00	0.00	0.00	-23.19	-19.86	-95.20	-153.71	-22.78
Long-Term Debt to EBITDA	0.00	0.00	0.00	14.18	17.84	61.41	61.98	8.66
Debt to NOPAT	0.00	0.00	0.00	-59.73	-54.85	-17.98	-27.51	32.99
Net Debt to NOPAT	0.00	0.00	0.00	97.66	61.07	27.88	68.22	-52.66
Long-Term Debt to NOPAT	0.00	0.00	0.00	-59.73	-54.85	-17.98	-27.51	20.02
Altman Z-Score	0.00	3.51	27.16	20.37	25.88	9.82	13.64	10.62
Noncontrolling Interest Sharing Ratio	0.00%	217.41%	16.62%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.09	4.51	5.77	3.54	3.09	3.17	2.64
Quick Ratio	0.00	0.98	4.38	5.64	3.45	3.01	3.08	2.57
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-7.51	-23	-17	-220	-84	53	95
Operating Cash Flow to CapEx	177.27%	68.37%	103.37%	421.48%	795.41%	644.80%	1,057.52%	911.63%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	-708.88	-0.56	-10.44	-5.07	8.47	13.44
Operating Cash Flow to Interest Expense	0.00	0.00	757.31	3.58	13.61	25.30	104.72	123.18
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	24.72	2.73	11.90	21.38	94.82	109.66
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.00	1.10	0.60	0.41	0.48	0.62	0.61	0.55
Accounts Receivable Turnover	0.00	3.55	4.59	4.54	4.76	5.01	4.68	4.84
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	9.15	13.34	15.10	16.82	16.71	14.32	13.46
Accounts Payable Turnover	0.00	3.68	6.34	7.08	10.05	14.23	7.37	5.28
Days Sales Outstanding (DSO)	0.00	102.86	79.59	80.37	76.67	72.82	77.93	75.34
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	99.14	57.59	51.54	36.32	25.66	49.50	69.19
Cash Conversion Cycle (CCC)	0.00	3.72	22.01	28.83	40.35	47.16	28.43	6.16
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	0.00	-0.22	8.37	16	222	265	185	139
Invested Capital Turnover	0.00	-1,834.05	88.98	49.86	8.64	6.88	9.47	16.61
Increase / (Decrease) in Invested Capital	0.00	-0.22	8.59	7.47	206	43	-80	-46
Enterprise Value (EV)	0.00	735	10,403	29,037	54,754	22,195	38,039	45,967
Market Capitalization	648	648	11,176	29,978	55,573	23,341	39,880	48,543
Book Value per Share	$0.00	($1.07)	$2.64	$3.14	$3.34	$4.44	$6.16	$7.99
Tangible Book Value per Share	$0.00	($1.20)	$2.61	$3.08	$2.35	$3.29	$5.06	$6.92
Total Capital	0.00	65	782	1,533	1,777	2,149	2,768	4,328
Total Debt	0.00	0.00	0.00	576	735	739	742	1,613
Total Long-Term Debt	0.00	0.00	0.00	576	735	739	742	979
Net Debt	0.00	-54	-774	-942	-819	-1,145	-1,841	-2,576
Capital Expenditures (CapEx)	7.80	16	23	26	36	65	62	96
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-44	-70	-97	-212	-300	-408	-507
Debt-free Net Working Capital (DFNWC)	0.00	9.72	704	1,420	1,342	1,584	2,175	3,682
Net Working Capital (NWC)	0.00	9.72	704	1,420	1,342	1,584	2,175	3,048
Net Nonoperating Expense (NNE)	0.50	3.04	2.61	15	7.34	9.07	-76	-135
Net Nonoperating Obligations (NNO)	0.00	-65	-774	-942	-819	-1,145	-1,841	-2,576
Total Depreciation and Amortization (D&A)	3.98	8.70	18	54	60	71	45	59
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-22.17%	-19.37%	-16.11%	-20.63%	-17.90%	-19.16%	-18.87%
Debt-free Net Working Capital to Revenue	0.00%	4.91%	193.98%	235.35%	130.47%	94.59%	102.20%	137.19%
Net Working Capital to Revenue	0.00%	4.91%	193.98%	235.35%	130.47%	94.59%	102.20%	113.57%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($0.12)	($0.08)	($0.07)	($0.16)	$0.15	$0.55
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	297.07M	306.49M	309.05M	315.41M	324.03M	336.17M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($0.12)	($0.08)	($0.07)	($0.16)	$0.14	$0.52
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	297.07M	306.49M	309.05M	315.41M	350.29M	358.64M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	($0.12)	($0.08)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	140M	300M	313.91M	319.89M	331.87M	342.76M
Normalized Net Operating Profit after Tax (NOPAT)	-2.07	-7.72	-14	-9.64	-13	-41	-27	49
Normalized NOPAT Margin	-2.05%	-3.90%	-3.89%	-1.60%	-1.30%	-2.45%	-1.27%	1.82%
Pre Tax Income Margin	-2.10%	-5.17%	-4.40%	-3.68%	-1.79%	-2.27%	2.83%	7.60%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	-629.38	-0.45	-0.91	-3.55	-5.31	7.68
NOPAT to Interest Expense	0.00	0.00	-440.56	-0.32	-0.64	-2.48	-4.28	6.92
EBIT Less CapEx to Interest Expense	0.00	0.00	-1,361.97	-1.30	-2.62	-7.47	-15.21	-5.83
NOPAT Less CapEx to Interest Expense	0.00	0.00	-1,173.16	-1.17	-2.35	-6.41	-14.18	-6.59
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Datadog's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	43.90%	32.69%	25.44%	25.43%	25.62%	26.89%	26.66%	26.02%	25.11%	24.59%	28.12%
EBITDA Growth	-171.12%	-171.25%	-12.24%	141.26%	296.87%	215.01%	371.14%	550.61%	-22.54%	-78.10%	-161.65%
EBIT Growth	-509.56%	-435.80%	119.69%	86.50%	180.11%	134.30%	7,872.49%	579.39%	-66.15%	-203.53%	-381.34%
NOPAT Growth	-441.20%	-362.00%	-601.05%	82.04%	207.91%	145.23%	175.11%	574.06%	-69.58%	-186.93%	-233.40%
Net Income Growth	-504.99%	-347.34%	18.65%	187.09%	285.96%	276.99%	1,204.16%	128.44%	-15.56%	-42.20%	-93.96%
EPS Growth	-550.00%	-366.67%	50.00%	175.00%	288.89%	250.00%	1,300.00%	133.33%	-17.65%	-41.67%	-91.67%
Operating Cash Flow Growth	-1.17%	-9.23%	109.92%	82.72%	92.44%	58.66%	7.36%	49.68%	20.43%	27.92%	21.67%
Free Cash Flow Firm Growth	66.37%	47.95%	299.83%	187.76%	258.88%	206.15%	-13.43%	-2.48%	-49.26%	-10.57%	-462.60%
Invested Capital Growth	19.25%	28.40%	-17.77%	-21.06%	-30.31%	-29.85%	-6.53%	-15.10%	-24.95%	-49.96%	39.22%
Revenue Q/Q Growth	7.53%	2.62%	5.76%	7.47%	7.69%	3.66%	5.57%	6.93%	6.91%	3.23%	8.56%
EBITDA Q/Q Growth	-38.36%	-10.80%	165.04%	-58.62%	560.25%	-35.27%	166.43%	-42.86%	-21.39%	-81.70%	-410.24%
EBIT Q/Q Growth	-10.48%	-0.99%	101.77%	-784.47%	755.84%	-56.76%	310.72%	-58.84%	-53.68%	-232.24%	-185.83%
NOPAT Q/Q Growth	-10.48%	-0.99%	37.07%	74.43%	763.98%	-57.67%	4.49%	61.40%	-57.40%	-220.99%	-60.36%
Net Income Q/Q Growth	-11.73%	17.04%	83.52%	670.17%	138.59%	-21.04%	2.80%	17.97%	-11.81%	-45.95%	-89.26%
EPS Q/Q Growth	-12.50%	11.11%	87.50%	700.00%	183.33%	-29.41%	0.00%	16.67%	0.00%	-50.00%	-85.71%
Operating Cash Flow Q/Q Growth	36.86%	16.90%	14.48%	-0.24%	44.14%	-3.61%	-22.54%	39.08%	15.98%	2.38%	-26.33%
Free Cash Flow Firm Q/Q Growth	-15.19%	-13.71%	137.79%	77.31%	108.53%	-24.03%	-69.18%	99.73%	8.51%	33.89%	-224.96%
Invested Capital Q/Q Growth	1.47%	-11.74%	-12.55%	0.80%	-10.42%	-11.16%	16.52%	-8.43%	-20.82%	-40.77%	224.19%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	79.39%	79.26%	80.01%	81.13%	82.22%	81.99%	80.86%	80.04%	80.46%	79.30%	79.92%
EBITDA Margin	-3.92%	-4.23%	2.60%	1.00%	6.15%	3.84%	9.69%	5.18%	3.81%	0.67%	-1.93%
Operating Margin	-7.38%	-7.26%	-4.32%	-0.77%	4.70%	1.96%	1.96%	2.94%	1.27%	-1.63%	-4.29%
EBIT Margin	-7.38%	-7.26%	0.12%	-0.77%	4.70%	1.96%	7.64%	2.94%	1.27%	-1.63%	-4.29%
Profit (Net Income) Margin	-6.19%	-5.00%	-0.78%	4.13%	9.16%	6.97%	6.79%	7.49%	6.18%	3.24%	0.32%
Tax Burden Percent	112.30%	117.93%	437.11%	93.13%	94.28%	92.30%	91.70%	92.09%	84.71%	77.50%	43.48%
Interest Burden Percent	74.66%	58.40%	-146.93%	-574.47%	206.43%	385.00%	97.00%	276.83%	573.10%	-256.01%	-17.15%
Effective Tax Rate	0.00%	0.00%	0.00%	6.87%	5.72%	7.70%	8.30%	7.91%	15.29%	22.50%	56.52%
Return on Invested Capital (ROIC)	-35.50%	-43.82%	-25.31%	-6.18%	41.99%	20.56%	21.69%	36.01%	17.91%	-29.11%	-24.63%
ROIC Less NNEP Spread (ROIC-NNEP)	-35.02%	-43.85%	-26.26%	-8.20%	40.12%	18.65%	19.93%	34.38%	16.20%	-30.51%	-25.33%
Return on Net Nonoperating Assets (RNNOA)	28.06%	36.91%	22.10%	6.97%	-34.87%	-16.65%	-17.99%	-31.43%	-15.10%	29.05%	23.26%
Return on Equity (ROE)	-7.45%	-6.90%	-3.21%	0.78%	7.12%	3.90%	3.71%	4.58%	2.81%	-0.06%	-1.36%
Cash Return on Invested Capital (CROIC)	-34.43%	-59.89%	-18.47%	-5.17%	23.73%	41.26%	29.35%	51.63%	58.76%	87.82%	-39.51%
Operating Return on Assets (OROA)	-4.59%	-4.59%	0.08%	-0.49%	2.89%	1.22%	4.73%	1.82%	0.70%	-0.91%	-2.53%
Return on Assets (ROA)	-3.85%	-3.16%	-0.50%	2.62%	5.62%	4.33%	4.21%	4.65%	3.41%	1.81%	0.19%
Return on Common Equity (ROCE)	-7.45%	-6.90%	-3.21%	0.78%	7.12%	3.90%	3.71%	4.58%	2.81%	-0.06%	-1.36%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-5.55%	-5.04%	-1.91%	0.00%	5.23%	6.77%	7.31%	0.00%	5.68%	0.00%
Net Operating Profit after Tax (NOPAT)	-24	-24	-15	-3.94	26	11	12	19	7.96	-9.63	-15
NOPAT Margin	-5.16%	-5.08%	-3.02%	-0.72%	4.44%	1.81%	1.79%	2.71%	1.08%	-1.26%	-1.87%
Net Nonoperating Expense Percent (NNEP)	-0.49%	0.04%	0.95%	2.02%	1.86%	1.90%	1.76%	1.63%	1.70%	1.41%	0.70%
Return On Investment Capital (ROIC_SIMPLE)	-1.13%	-	-	-	0.95%	-	-	-	0.18%	-0.21%	-0.37%
Cost of Revenue to Revenue	20.61%	20.74%	19.99%	18.87%	17.78%	18.01%	19.14%	19.96%	19.54%	20.70%	20.08%
SG&A Expenses to Revenue	8.36%	8.79%	8.38%	9.38%	7.44%	7.41%	7.37%	7.60%	8.12%	8.01%	8.44%
R&D to Revenue	46.58%	47.64%	47.01%	43.87%	42.95%	44.17%	42.56%	42.29%	42.88%	44.78%	46.87%
Operating Expenses to Revenue	86.76%	86.52%	84.33%	81.90%	77.52%	80.03%	78.91%	77.10%	79.18%	80.93%	84.22%
Earnings before Interest and Taxes (EBIT)	-35	-35	0.62	-4.23	28	12	49	20	9.39	-12	-36
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-18	-20	13	5.49	36	23	63	36	28	5.14	-16
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	16.55	15.37	19.20	16.39	19.69	18.44	18.02	14.75	17.88	11.66	14.52
Price to Tangible Book Value (P/TBV)	22.32	20.22	24.61	20.45	23.98	22.03	21.15	17.08	20.65	13.32	17.52
Price to Revenue (P/Rev)	13.93	12.96	16.69	14.74	18.74	17.99	18.12	15.30	18.08	12.00	15.38
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	821.11	352.25	266.01	201.89	264.19	205.15	372.38
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.12%	0.28%	0.38%	0.50%	0.38%	0.49%	0.27%
Enterprise Value to Invested Capital (EV/IC)	83.75	93.91	147.76	135.83	205.96	235.09	215.33	207.59	331.63	379.70	163.30
Enterprise Value to Revenue (EV/Rev)	13.25	12.25	15.93	13.95	17.87	17.08	17.20	14.33	17.12	11.00	14.41
Enterprise Value to EBITDA (EV/EBITDA)	1,844.68	0.00	0.00	0.00	3,176.55	690.85	452.17	299.67	406.46	328.91	820.26
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	2,856.68	855.36	500.30	846.79	1,043.63	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	3,143.11	920.75	539.97	939.86	1,193.44	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	53.05	54.26	62.31	50.53	57.64	52.23	54.91	44.01	52.80	33.52	45.01
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	712.98	469.80	708.87	369.21	483.91	288.37	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.52	0.49	0.45	0.41	0.37	0.34	0.31	0.28	0.59	0.55	0.31
Long-Term Debt to Equity	0.52	0.49	0.45	0.41	0.37	0.34	0.00	0.00	0.36	0.34	0.31
Financial Leverage	-0.80	-0.84	-0.84	-0.85	-0.87	-0.89	-0.90	-0.91	-0.93	-0.95	-0.92
Leverage Ratio	2.20	2.16	2.08	2.05	2.02	1.96	1.90	1.84	2.05	1.98	1.83
Compound Leverage Factor	1.64	1.26	-3.06	-11.77	4.17	7.55	1.85	5.10	11.75	-5.08	-0.31
Debt to Total Capital	34.38%	32.85%	30.99%	29.10%	26.82%	25.23%	23.61%	22.08%	37.28%	35.64%	23.49%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	23.61%	22.08%	14.65%	14.01%	0.00%
Long-Term Debt to Total Capital	34.38%	32.85%	30.99%	29.10%	26.82%	25.23%	0.00%	0.00%	22.63%	21.63%	23.49%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	65.62%	67.15%	69.01%	70.90%	73.18%	74.77%	76.39%	77.92%	62.72%	64.36%	76.51%
Debt to EBITDA	61.41	-19.99	-12.05	-17.37	61.98	13.31	8.17	6.14	14.27	17.04	18.52
Net Debt to EBITDA	-95.20	34.55	23.50	37.50	-153.71	-36.51	-24.34	-20.24	-22.78	-29.91	-55.29
Long-Term Debt to EBITDA	61.41	-19.99	-12.05	-17.37	61.98	13.31	0.00	0.00	8.66	10.34	18.52
Debt to NOPAT	-17.98	-10.15	-8.60	-11.05	-27.51	60.55	16.64	11.07	32.99	61.84	-63.82
Net Debt to NOPAT	27.88	17.54	16.79	23.86	68.22	-166.10	-49.57	-36.47	-52.66	-108.53	190.51
Long-Term Debt to NOPAT	-17.98	-10.15	-8.60	-11.05	-27.51	60.55	0.00	0.00	20.02	37.53	-63.82
Altman Z-Score	9.84	9.65	12.57	11.38	13.70	13.77	14.03	12.70	10.59	7.72	11.79
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.09	3.19	3.42	3.35	3.17	3.43	2.01	2.13	2.64	2.74	3.43
Quick Ratio	3.01	3.09	3.31	3.26	3.08	3.32	1.95	2.07	2.57	2.66	3.34
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-67	-76	29	51	106	81	25	50	54	72	-90
Operating Cash Flow to CapEx	632.62%	766.69%	1,340.43%	1,046.89%	1,163.00%	831.68%	796.47%	911.92%	1,093.45%	1,000.15%	576.49%
Free Cash Flow to Firm to Interest Expense	-22.20	-34.94	18.87	39.19	82.42	58.88	16.88	31.64	20.45	24.42	-29.40
Operating Cash Flow to Interest Expense	37.91	61.34	100.37	117.25	170.45	154.49	111.32	145.29	100.35	91.64	65.06
Operating Cash Flow Less CapEx to Interest Expense	31.91	53.34	92.88	106.05	155.80	135.91	97.35	129.35	91.17	82.48	53.77
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.62	0.63	0.64	0.63	0.61	0.62	0.62	0.62	0.55	0.56	0.59
Accounts Receivable Turnover	5.01	5.58	5.94	5.36	4.68	5.52	5.53	5.71	4.84	6.02	5.30
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	16.71	15.66	15.62	14.95	14.32	14.08	13.92	13.58	13.46	13.11	12.51
Accounts Payable Turnover	14.23	12.36	8.20	7.11	7.37	7.93	5.39	5.37	5.28	6.92	3.85
Days Sales Outstanding (DSO)	72.82	65.36	61.43	68.11	77.93	66.13	66.06	63.88	75.34	60.60	68.83
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	25.66	29.53	44.53	51.31	49.50	46.01	67.76	67.98	69.19	52.75	94.86
Cash Conversion Cycle (CCC)	47.16	35.83	16.90	16.80	28.43	20.11	-1.71	-4.10	6.16	7.85	-26.04
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	265	234	205	206	185	164	191	175	139	82	266
Invested Capital Turnover	6.88	8.62	8.37	8.59	9.47	11.35	12.10	13.31	16.61	23.03	13.19
Increase / (Decrease) in Invested Capital	43	52	-44	-55	-80	-70	-13	-31	-46	-82	75
Enterprise Value (EV)	22,195	21,965	30,221	28,004	38,039	38,571	41,165	36,339	45,967	31,171	43,462
Market Capitalization	23,341	23,243	31,666	29,604	39,880	40,609	43,381	38,793	48,543	34,006	46,391
Book Value per Share	$4.44	$4.73	$5.12	$5.56	$6.16	$6.64	$7.20	$7.80	$7.99	$8.51	$9.25
Tangible Book Value per Share	$3.29	$3.59	$4.00	$4.45	$5.06	$5.56	$6.13	$6.74	$6.92	$7.45	$7.67
Total Capital	2,149	2,252	2,390	2,548	2,768	2,945	3,151	3,374	4,328	4,532	4,177
Total Debt	739	740	741	741	742	743	744	745	1,613	1,615	981
Total Long-Term Debt	739	740	741	741	742	743	0.00	0.00	979	980	981
Net Debt	-1,145	-1,278	-1,445	-1,600	-1,841	-2,038	-2,216	-2,454	-2,576	-2,835	-2,930
Capital Expenditures (CapEx)	18	17	11	15	19	26	21	25	24	27	35
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-300	-328	-347	-365	-408	-420	-415	-445	-507	-593	-619
Debt-free Net Working Capital (DFNWC)	1,584	1,690	1,839	1,977	2,175	2,361	2,545	2,754	3,682	3,856	3,291
Net Working Capital (NWC)	1,584	1,690	1,839	1,977	2,175	2,361	1,801	2,009	3,048	3,222	3,291
Net Nonoperating Expense (NNE)	4.79	-0.39	-11	-27	-28	-32	-32	-33	-38	-34	-18
Net Nonoperating Obligations (NNO)	-1,145	-1,278	-1,445	-1,600	-1,841	-2,038	-2,216	-2,454	-2,576	-2,835	-2,930
Total Depreciation and Amortization (D&A)	16	15	13	9.72	8.50	11	13	15	19	18	20
Debt-free, Cash-free Net Working Capital to Revenue	-17.90%	-18.28%	-18.27%	-18.16%	-19.16%	-18.62%	-17.33%	-17.54%	-18.87%	-20.93%	-20.54%
Debt-free Net Working Capital to Revenue	94.59%	94.22%	96.92%	98.45%	102.20%	104.56%	106.33%	108.59%	137.19%	136.04%	109.13%
Net Working Capital to Revenue	94.59%	94.22%	96.92%	98.45%	102.20%	104.56%	75.25%	79.22%	113.57%	113.65%	109.13%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.09)	($0.08)	($0.01)	$0.07	$0.17	$0.13	$0.13	$0.15	$0.14	$0.07	$0.01
Adjusted Weighted Average Basic Shares Outstanding	315.41M	319.29M	322.22M	325.56M	324.03M	331.81M	334.94M	337.56M	336.17M	343.10M	346.19M
Adjusted Diluted Earnings per Share	($0.09)	($0.08)	($0.01)	$0.06	$0.17	$0.12	$0.12	$0.14	$0.14	$0.07	$0.01
Adjusted Weighted Average Diluted Shares Outstanding	315.41M	319.29M	322.22M	351.31M	350.29M	355.98M	356.74M	357.64M	358.64M	363.08M	358.73M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	319.89M	321.88M	325.00M	328.55M	331.87M	334.50M	337.15M	339.72M	342.76M	345.35M	348.75M
Normalized Net Operating Profit after Tax (NOPAT)	-24	-24	-15	-3.94	26	11	12	19	7.96	-9.63	-25
Normalized NOPAT Margin	-5.16%	-5.08%	-3.02%	-0.72%	4.44%	1.81%	1.79%	2.71%	1.08%	-1.26%	-3.01%
Pre Tax Income Margin	-5.51%	-4.24%	-0.18%	4.44%	9.71%	7.56%	7.41%	8.14%	7.30%	4.18%	0.74%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-11.47	-16.03	0.41	-3.25	21.47	8.73	33.36	12.88	3.55	-4.19	-11.54
NOPAT to Interest Expense	-8.03	-11.22	-10.09	-3.02	20.24	8.06	7.83	11.86	3.01	-3.25	-5.02
EBIT Less CapEx to Interest Expense	-17.46	-24.03	-7.08	-14.45	6.82	-9.85	19.38	-3.05	-5.62	-13.35	-22.83
NOPAT Less CapEx to Interest Expense	-14.02	-19.22	-17.58	-14.22	5.59	-10.52	-6.14	-4.07	-6.17	-12.41	-16.30
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Key Financial Trends

Datadog (NASDAQ: DDOG) has shown mixed financial performance over the past four years, with some notable trends in revenue, profitability, cash flows, and balance sheet strength.

Operating revenue has grown significantly, from $436.5 million in Q3 2022 to $826.8 million in Q2 2025, demonstrating strong top-line growth.
Gross profit margins remain solid, with gross profit increasing from $342.9 million in Q3 2022 to $660.8 million in Q2 2025, suggesting efficient cost management relative to revenue growth.
Operating expenses (including R&D and marketing) are increasing but remain proportionate to revenue growth, indicating investment into future growth while controlling expenses.
Cash flow from operating activities has improved significantly over time, reaching $200 million in Q2 2025 (compared to $83.6 million in Q3 2022), indicating strong core business cash generation.
Cash and equivalents plus short-term investments have increased substantially, with total current assets rising from about $2.2 billion in Q3 2022 to over $4.6 billion in Q2 2025, reflecting strong liquidity.
Net income shows volatility, with losses in earlier periods (e.g., Q1 2023 loss of $24 million) turning into slight profit in recent quarters ($2.6 million profit in Q2 2025), meaning profitability is fragile and still developing.
Datadog has been actively acquiring assets and investing in property, plant, and equipment, reflecting in significant cash outflows in investing activities (e.g., Q2 2025 purchase of PP&E of $34.7 million and acquisitions totaling $115 million), which may pay off long-term but could pressure short-term cash.
Repayment of debt is substantial in recent quarters (e.g., $635 million repaid in Q2 2025), which reduces leverage but uses considerable cash resources.
The company incurred an operating loss in Q2 2025 (-$35.5 million), contrasting with positive operating incomes in some past quarters, indicating pressure on operating profitability.
Income tax expenses have risen modestly but remain a drag on net income, partially offsetting operating income gains.

Summary: Datadog shows impressive growth in revenue and cash from operations, with strengthening liquidity and investments signaling strategic expansion. However, profitability remains inconsistent with recent operating losses and modest net income. Debt repayments and investment activity use substantial cash, indicating ongoing capital deployment for growth. Retail investors should watch for improving operating profitability and sustained cash flow generation to support valuation.

08/23/25 02:16 AMAI Generated. May Contain Errors.

Frequently Asked Questions About Datadog's Financials

When does Datadog's fiscal year end?

According to the most recent income statement we have on file, Datadog's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Datadog's net income changed over the last 7 years?

Datadog's net income appears to be on an upward trend, with a most recent value of $183.75 million in 2024, falling from -$2.57 million in 2017. The previous period was $48.57 million in 2023. View Datadog's forecast to see where analysts expect Datadog to go next.

What is Datadog's operating income?

Datadog's total operating income in 2024 was $54.28 million, based on the following breakdown:

Total Gross Profit: $2.17 billion
Total Operating Expenses: $2.11 billion

How has Datadog's revenue changed over the last 7 years?

Over the last 7 years, Datadog's total revenue changed from $100.76 million in 2017 to $2.68 billion in 2024, a change of 2,564.0%.

How much debt does Datadog have?

Datadog's total liabilities were at $3.07 billion at the end of 2024, a 60.7% increase from 2023, and a 2,570.7% increase since 2018.

How much cash does Datadog have?

In the past 6 years, Datadog's cash and equivalents has ranged from $53.64 million in 2018 to $1.25 billion in 2024, and is currently $1.25 billion as of their latest financial filing in 2024.

How has Datadog's book value per share changed over the last 7 years?

Over the last 7 years, Datadog's book value per share changed from 0.00 in 2017 to 7.99 in 2024, a change of 799.0%.

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This page (NASDAQ:DDOG) was last updated on 8/23/2025 by MarketBeat.com Staff

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Datadog (DDOG) Financials

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Datadog (DDOG) Financials

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