Datadog (DDOG) Financials

$135.60 -4.38 (-3.13%)

Closing price 08/1/2025 04:00 PM Eastern

Extended Trading

$135.25 -0.35 (-0.26%)

As of 08/1/2025 07:59 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	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	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
Net Income / (Loss) Attributable to Common Shareholders	-26	-29	-24	-3.97	23	54	43	44	52	46	25
Consolidated Net Income / (Loss)	-26	-29	-24	-3.97	23	54	43	44	52	46	25
Net Income / (Loss) Continuing Operations	-26	-29	-24	-3.97	23	54	43	44	52	46	25
Total Pre-Tax Income	-23	-26	-20	-0.91	24	57	46	48	56	54	32
Total Operating Income	-31	-35	-35	-22	-4.23	28	12	13	20	9.39	-12
Total Gross Profit	343	373	382	408	444	485	501	522	552	594	604
Total Revenue	437	469	482	509	548	590	611	645	690	738	762
Operating Revenue	437	469	482	509	548	590	611	645	690	738	762
Total Cost of Revenue	94	97	100	102	103	105	110	123	138	144	158
Operating Cost of Revenue	94	97	100	102	103	105	110	123	138	144	158
Total Operating Expenses	374	407	417	430	448	457	489	509	532	584	616
Selling, General & Admin Expense	39	39	42	43	51	44	45	48	52	60	61
Marketing Expense	129	149	145	147	157	160	174	187	188	208	214
Research & Development Expense	205	219	229	239	240	253	270	275	292	316	341
Total Other Income / (Expense), net	8.28	8.77	15	21	29	30	34	35	36	44	44
Interest Expense	3.73	3.02	2.18	1.53	1.30	1.29	1.37	1.48	1.57	2.64	2.96
Interest & Investment Income	12	12	17	-	30	-	36	-	37	-	47
Income Tax Expense	2.93	3.18	3.66	3.06	1.67	3.27	3.55	3.97	4.44	8.23	7.15
Basic Earnings per Share	($0.08)	($0.09)	($0.08)	($0.01)	$0.07	$0.17	$0.13	$0.13	$0.15	$0.14	$0.07
Weighted Average Basic Shares Outstanding	315.99M	315.41M	319.29M	322.22M	325.56M	324.03M	331.81M	334.94M	337.56M	336.17M	343.10M
Diluted Earnings per Share	($0.08)	($0.09)	($0.08)	($0.01)	$0.06	$0.17	$0.12	$0.12	$0.14	$0.14	$0.07
Weighted Average Diluted Shares Outstanding	315.99M	315.41M	319.29M	322.22M	351.31M	350.29M	355.98M	356.74M	357.64M	358.64M	363.08M
Weighted Average Basic & Diluted Shares Outstanding	317.56M	319.89M	321.88M	325.00M	328.55M	331.87M	334.50M	337.15M	339.72M	342.76M	345.35M

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	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	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
Net Change in Cash & Equivalents	56	44	-120	69	-30	69	-48	129	-74	910	-167
Net Cash From Operating Activities	84	114	134	153	153	220	212	164	229	265	272
Net Cash From Continuing Operating Activities	84	114	134	153	153	220	212	164	229	265	272
Net Income / (Loss) Continuing Operations	-26	-29	-24	-3.97	23	54	43	44	52	46	25
Consolidated Net Income / (Loss)	-26	-29	-24	-3.97	23	54	43	44	52	46	25
Depreciation Expense	9.31	9.80	10	11	12	12	13	12	14	16	11
Amortization Expense	8.72	6.42	4.30	2.10	-1.89	-3.53	-1.43	0.79	1.54	2.98	6.30
Non-Cash Adjustments To Reconcile Net Income	109	120	122	128	133	138	145	146	153	172	177
Changes in Operating Assets and Liabilities, net	-17	6.77	21	17	-13	19	14	-38	8.88	29	52
Net Cash From Investing Activities	-26	-89	-256	-110	-191	-174	-261	-60	-307	-109	-443
Net Cash From Continuing Investing Activities	-26	-89	-256	-110	-191	-174	-261	-60	-307	-109	-443
Purchase of Property, Plant & Equipment	-17	-18	-17	-11	-15	-19	-26	-21	-25	-24	-27
Acquisitions	-0.74	-5.58	-	-	-4.34	-6.13	-	-	-0.21	-6.48	-1.82
Purchase of Investments	-349	-346	-758	-633	-622	-546	-637	-603	-906	-507	-970
Sale and/or Maturity of Investments	341	281	519	536	449	397	402	564	624	429	556
Net Cash From Financing Activities	1.82	14	2.10	25	9.87	21	2.19	24	1.23	759	1.65
Net Cash From Continuing Financing Activities	1.82	14	2.10	25	9.87	21	2.19	24	1.23	759	1.65
Repayment of Debt	-	-	-	-	-	-	-	-	-0.02	-197	-0.02
Other Financing Activities, net	1.82	1.73	2.10	5.44	9.87	3.51	2.19	1.75	1.26	-44	1.67
Effect of Exchange Rate Changes	-4.00	4.93	0.62	0.21	-1.61	1.95	-1.37	-0.20	3.10	-5.72	3.09
Cash Income Taxes Paid	0.70	0.51	3.02	7.66	3.49	2.34	4.65	10	0.99	5.18	3.66

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

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	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	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
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	61.39%	43.90%	32.69%	25.44%	25.43%	25.62%	26.89%	26.66%	26.02%	25.11%	24.59%
EBITDA Growth	-225.99%	-171.12%	-171.25%	-12.24%	141.26%	296.87%	215.01%	371.14%	550.61%	-22.54%	-78.10%
EBIT Growth	-540.29%	-509.56%	-435.80%	119.69%	86.50%	180.11%	134.30%	7,872.49%	579.39%	-66.15%	-203.53%
NOPAT Growth	-540.29%	-441.20%	-362.00%	-601.05%	82.04%	207.91%	145.23%	175.11%	574.06%	-69.58%	-186.93%
Net Income Growth	-373.83%	-504.99%	-347.34%	18.65%	187.09%	285.96%	276.99%	1,204.16%	128.44%	-15.56%	-42.20%
EPS Growth	-300.00%	-550.00%	-366.67%	50.00%	175.00%	288.89%	250.00%	1,300.00%	133.33%	-17.65%	-41.67%
Operating Cash Flow Growth	24.10%	-1.17%	-9.23%	109.92%	82.72%	92.44%	58.66%	7.36%	49.68%	20.43%	27.92%
Free Cash Flow Firm Growth	66.40%	66.37%	47.95%	299.83%	187.76%	258.88%	206.15%	-13.43%	-2.48%	-49.26%	-10.57%
Invested Capital Growth	16.12%	19.25%	28.40%	-17.77%	-21.06%	-30.31%	-29.85%	-6.53%	-15.10%	-24.95%	-49.96%
Revenue Q/Q Growth	7.48%	7.53%	2.62%	5.76%	7.47%	7.69%	3.66%	5.57%	6.93%	6.91%	3.23%
EBITDA Q/Q Growth	-188.01%	-38.36%	-10.80%	165.04%	-58.62%	560.25%	-35.27%	166.43%	-42.86%	-21.39%	-81.70%
EBIT Q/Q Growth	-898.47%	-10.48%	-0.99%	101.77%	-784.47%	755.84%	-56.76%	310.72%	-58.84%	-53.68%	-232.24%
NOPAT Q/Q Growth	-898.47%	-10.48%	-0.99%	37.07%	74.43%	763.98%	-57.67%	4.49%	61.40%	-57.40%	-220.99%
Net Income Q/Q Growth	-432.59%	-11.73%	17.04%	83.52%	670.17%	138.59%	-21.04%	2.80%	17.97%	-11.81%	-45.95%
EPS Q/Q Growth	-300.00%	-12.50%	11.11%	87.50%	700.00%	183.33%	-29.41%	0.00%	16.67%	0.00%	-50.00%
Operating Cash Flow Q/Q Growth	14.61%	36.86%	16.90%	14.48%	-0.24%	44.14%	-3.61%	-22.54%	39.08%	15.98%	2.38%
Free Cash Flow Firm Q/Q Growth	-303.75%	-15.19%	-13.71%	137.79%	77.31%	108.53%	-24.03%	-69.18%	99.73%	8.51%	33.89%
Invested Capital Q/Q Growth	5.00%	1.47%	-11.74%	-12.55%	0.80%	-10.42%	-11.16%	16.52%	-8.43%	-20.82%	-40.77%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	78.56%	79.39%	79.26%	80.01%	81.13%	82.22%	81.99%	80.86%	80.04%	80.46%	79.30%
EBITDA Margin	-3.05%	-3.92%	-4.23%	2.60%	1.00%	6.15%	3.84%	9.69%	5.18%	3.81%	0.67%
Operating Margin	-7.18%	-7.38%	-7.26%	-4.32%	-0.77%	4.70%	1.96%	1.96%	2.94%	1.27%	-1.63%
EBIT Margin	-7.18%	-7.38%	-7.26%	0.12%	-0.77%	4.70%	1.96%	7.64%	2.94%	1.27%	-1.63%
Profit (Net Income) Margin	-5.95%	-6.19%	-5.00%	-0.78%	4.13%	9.16%	6.97%	6.79%	7.49%	6.18%	3.24%
Tax Burden Percent	112.69%	112.30%	117.93%	437.11%	93.13%	94.28%	92.30%	91.70%	92.09%	84.71%	77.50%
Interest Burden Percent	73.57%	74.66%	58.40%	-146.93%	-574.47%	206.43%	385.00%	97.00%	276.83%	573.10%	-256.01%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	6.87%	5.72%	7.70%	8.30%	7.91%	15.29%	22.50%
Return on Invested Capital (ROIC)	-31.68%	-35.50%	-43.82%	-25.31%	-6.18%	41.99%	20.56%	21.69%	36.01%	17.91%	-29.11%
ROIC Less NNEP Spread (ROIC-NNEP)	-31.22%	-35.02%	-43.85%	-26.26%	-8.20%	40.12%	18.65%	19.93%	34.38%	16.20%	-30.51%
Return on Net Nonoperating Assets (RNNOA)	24.46%	28.06%	36.91%	22.10%	6.97%	-34.87%	-16.65%	-17.99%	-31.43%	-15.10%	29.05%
Return on Equity (ROE)	-7.21%	-7.45%	-6.90%	-3.21%	0.78%	7.12%	3.90%	3.71%	4.58%	2.81%	-0.06%
Cash Return on Invested Capital (CROIC)	-19.41%	-34.43%	-59.89%	-18.47%	-5.17%	23.73%	41.26%	29.35%	51.63%	58.76%	87.82%
Operating Return on Assets (OROA)	-4.41%	-4.59%	-4.59%	0.08%	-0.49%	2.89%	1.22%	4.73%	1.82%	0.70%	-0.91%
Return on Assets (ROA)	-3.65%	-3.85%	-3.16%	-0.50%	2.62%	5.62%	4.33%	4.21%	4.65%	3.41%	1.81%
Return on Common Equity (ROCE)	-7.21%	-7.45%	-6.90%	-3.21%	0.78%	7.12%	3.90%	3.71%	4.58%	2.81%	-0.06%
Return on Equity Simple (ROE_SIMPLE)	-1.08%	0.00%	-5.55%	-5.04%	-1.91%	0.00%	5.23%	6.77%	7.31%	0.00%	5.68%
Net Operating Profit after Tax (NOPAT)	-22	-24	-24	-15	-3.94	26	11	12	19	7.96	-9.63
NOPAT Margin	-5.03%	-5.16%	-5.08%	-3.02%	-0.72%	4.44%	1.81%	1.79%	2.71%	1.08%	-1.26%
Net Nonoperating Expense Percent (NNEP)	-0.46%	-0.49%	0.04%	0.95%	2.02%	1.86%	1.90%	1.76%	1.63%	1.70%	1.41%
Return On Investment Capital (ROIC_SIMPLE)	-	-1.13%	-	-	-	0.95%	-	-	-	0.18%	-0.21%
Cost of Revenue to Revenue	21.44%	20.61%	20.74%	19.99%	18.87%	17.78%	18.01%	19.14%	19.96%	19.54%	20.70%
SG&A Expenses to Revenue	9.02%	8.36%	8.79%	8.38%	9.38%	7.44%	7.41%	7.37%	7.60%	8.12%	8.01%
R&D to Revenue	47.05%	46.58%	47.64%	47.01%	43.87%	42.95%	44.17%	42.56%	42.29%	42.88%	44.78%
Operating Expenses to Revenue	85.74%	86.76%	86.52%	84.33%	81.90%	77.52%	80.03%	78.91%	77.10%	79.18%	80.93%
Earnings before Interest and Taxes (EBIT)	-31	-35	-35	0.62	-4.23	28	12	49	20	9.39	-12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-13	-18	-20	13	5.49	36	23	63	36	28	5.14
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	21.79	16.55	15.37	19.20	16.39	19.69	18.44	18.02	14.75	17.88	11.66
Price to Tangible Book Value (P/TBV)	29.85	22.32	20.22	24.61	20.45	23.98	22.03	21.15	17.08	20.65	13.32
Price to Revenue (P/Rev)	18.34	13.93	12.96	16.69	14.74	18.74	17.99	18.12	15.30	18.08	12.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	821.11	352.25	266.01	201.89	264.19	205.15
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%	0.00%	0.12%	0.28%	0.38%	0.50%	0.38%	0.49%
Enterprise Value to Invested Capital (EV/IC)	103.63	83.75	93.91	147.76	135.83	205.96	235.09	215.33	207.59	331.63	379.70
Enterprise Value to Revenue (EV/Rev)	17.67	13.25	12.25	15.93	13.95	17.87	17.08	17.20	14.33	17.12	11.00
Enterprise Value to EBITDA (EV/EBITDA)	480.51	1,844.68	0.00	0.00	0.00	3,176.55	690.85	452.17	299.67	406.46	328.91
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	2,856.68	855.36	500.30	846.79	1,043.63
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	3,143.11	920.75	539.97	939.86	1,193.44
Enterprise Value to Operating Cash Flow (EV/OCF)	64.48	53.05	54.26	62.31	50.53	57.64	52.23	54.91	44.01	52.80	33.52
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	712.98	469.80	708.87	369.21	483.91	288.37
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.57	0.52	0.49	0.45	0.41	0.37	0.34	0.31	0.28	0.59	0.55
Long-Term Debt to Equity	0.57	0.52	0.49	0.45	0.41	0.37	0.34	0.00	0.00	0.36	0.34
Financial Leverage	-0.78	-0.80	-0.84	-0.84	-0.85	-0.87	-0.89	-0.90	-0.91	-0.93	-0.95
Leverage Ratio	2.22	2.20	2.16	2.08	2.05	2.02	1.96	1.90	1.84	2.05	1.98
Compound Leverage Factor	1.63	1.64	1.26	-3.06	-11.77	4.17	7.55	1.85	5.10	11.75	-5.08
Debt to Total Capital	36.40%	34.38%	32.85%	30.99%	29.10%	26.82%	25.23%	23.61%	22.08%	37.28%	35.64%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	23.61%	22.08%	14.65%	14.01%
Long-Term Debt to Total Capital	36.40%	34.38%	32.85%	30.99%	29.10%	26.82%	25.23%	0.00%	0.00%	22.63%	21.63%
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	63.60%	65.62%	67.15%	69.01%	70.90%	73.18%	74.77%	76.39%	77.92%	62.72%	64.36%
Debt to EBITDA	13.10	61.41	-19.99	-12.05	-17.37	61.98	13.31	8.17	6.14	14.27	17.04
Net Debt to EBITDA	-18.26	-95.20	34.55	23.50	37.50	-153.71	-36.51	-24.34	-20.24	-22.78	-29.91
Long-Term Debt to EBITDA	13.10	61.41	-19.99	-12.05	-17.37	61.98	13.31	0.00	0.00	8.66	10.34
Debt to NOPAT	-67.53	-17.98	-10.15	-8.60	-11.05	-27.51	60.55	16.64	11.07	32.99	61.84
Net Debt to NOPAT	94.09	27.88	17.54	16.79	23.86	68.22	-166.10	-49.57	-36.47	-52.66	-108.53
Long-Term Debt to NOPAT	-67.53	-17.98	-10.15	-8.60	-11.05	-27.51	60.55	0.00	0.00	20.02	37.53
Altman Z-Score	12.25	9.84	9.65	12.57	11.38	13.70	13.77	14.03	12.70	10.59	7.72
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	3.23	3.09	3.19	3.42	3.35	3.17	3.43	2.01	2.13	2.64	2.74
Quick Ratio	3.14	3.01	3.09	3.31	3.26	3.08	3.32	1.95	2.07	2.57	2.66
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-58	-67	-76	29	51	106	81	25	50	54	72
Operating Cash Flow to CapEx	506.22%	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%
Free Cash Flow to Firm to Interest Expense	-15.61	-22.20	-34.94	18.87	39.19	82.42	58.88	16.88	31.64	20.45	24.42
Operating Cash Flow to Interest Expense	22.43	37.91	61.34	100.37	117.25	170.45	154.49	111.32	145.29	100.35	91.64
Operating Cash Flow Less CapEx to Interest Expense	18.00	31.91	53.34	92.88	106.05	155.80	135.91	97.35	129.35	91.17	82.48
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.61	0.62	0.63	0.64	0.63	0.61	0.62	0.62	0.62	0.55	0.56
Accounts Receivable Turnover	5.34	5.01	5.58	5.94	5.36	4.68	5.52	5.53	5.71	4.84	6.02
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	17.05	16.71	15.66	15.62	14.95	14.32	14.08	13.92	13.58	13.46	13.11
Accounts Payable Turnover	10.18	14.23	12.36	8.20	7.11	7.37	7.93	5.39	5.37	5.28	6.92
Days Sales Outstanding (DSO)	68.31	72.82	65.36	61.43	68.11	77.93	66.13	66.06	63.88	75.34	60.60
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)	35.84	25.66	29.53	44.53	51.31	49.50	46.01	67.76	67.98	69.19	52.75
Cash Conversion Cycle (CCC)	32.48	47.16	35.83	16.90	16.80	28.43	20.11	-1.71	-4.10	6.16	7.85
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	261	265	234	205	206	185	164	191	175	139	82
Invested Capital Turnover	6.30	6.88	8.62	8.37	8.59	9.47	11.35	12.10	13.31	16.61	23.03
Increase / (Decrease) in Invested Capital	36	43	52	-44	-55	-80	-70	-13	-31	-46	-82
Enterprise Value (EV)	27,066	22,195	21,965	30,221	28,004	38,039	38,571	41,165	36,339	45,967	31,171
Market Capitalization	28,094	23,341	23,243	31,666	29,604	39,880	40,609	43,381	38,793	48,543	34,006
Book Value per Share	$4.07	$4.44	$4.73	$5.12	$5.56	$6.16	$6.64	$7.20	$7.80	$7.99	$8.51
Tangible Book Value per Share	$2.97	$3.29	$3.59	$4.00	$4.45	$5.06	$5.56	$6.13	$6.74	$6.92	$7.45
Total Capital	2,027	2,149	2,252	2,390	2,548	2,768	2,945	3,151	3,374	4,328	4,532
Total Debt	738	739	740	741	741	742	743	744	745	1,613	1,615
Total Long-Term Debt	738	739	740	741	741	742	743	0.00	0.00	979	980
Net Debt	-1,028	-1,145	-1,278	-1,445	-1,600	-1,841	-2,038	-2,216	-2,454	-2,576	-2,835
Capital Expenditures (CapEx)	17	18	17	11	15	19	26	21	25	24	27
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-264	-300	-328	-347	-365	-408	-420	-415	-445	-507	-593
Debt-free Net Working Capital (DFNWC)	1,502	1,584	1,690	1,839	1,977	2,175	2,361	2,545	2,754	3,682	3,856
Net Working Capital (NWC)	1,502	1,584	1,690	1,839	1,977	2,175	2,361	1,801	2,009	3,048	3,222
Net Nonoperating Expense (NNE)	4.05	4.79	-0.39	-11	-27	-28	-32	-32	-33	-38	-34
Net Nonoperating Obligations (NNO)	-1,028	-1,145	-1,278	-1,445	-1,600	-1,841	-2,038	-2,216	-2,454	-2,576	-2,835
Total Depreciation and Amortization (D&A)	18	16	15	13	9.72	8.50	11	13	15	19	18
Debt-free, Cash-free Net Working Capital to Revenue	-17.24%	-17.90%	-18.28%	-18.27%	-18.16%	-19.16%	-18.62%	-17.33%	-17.54%	-18.87%	-20.93%
Debt-free Net Working Capital to Revenue	98.06%	94.59%	94.22%	96.92%	98.45%	102.20%	104.56%	106.33%	108.59%	137.19%	136.04%
Net Working Capital to Revenue	98.06%	94.59%	94.22%	96.92%	98.45%	102.20%	104.56%	75.25%	79.22%	113.57%	113.65%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.08)	($0.09)	($0.08)	($0.01)	$0.07	$0.17	$0.13	$0.13	$0.15	$0.14	$0.07
Adjusted Weighted Average Basic Shares Outstanding	315.99M	315.41M	319.29M	322.22M	325.56M	324.03M	331.81M	334.94M	337.56M	336.17M	343.10M
Adjusted Diluted Earnings per Share	($0.08)	($0.09)	($0.08)	($0.01)	$0.06	$0.17	$0.12	$0.12	$0.14	$0.14	$0.07
Adjusted Weighted Average Diluted Shares Outstanding	315.99M	315.41M	319.29M	322.22M	351.31M	350.29M	355.98M	356.74M	357.64M	358.64M	363.08M
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	317.56M	319.89M	321.88M	325.00M	328.55M	331.87M	334.50M	337.15M	339.72M	342.76M	345.35M
Normalized Net Operating Profit after Tax (NOPAT)	-22	-24	-24	-15	-3.94	26	11	12	19	7.96	-9.63
Normalized NOPAT Margin	-5.03%	-5.16%	-5.08%	-3.02%	-0.72%	4.44%	1.81%	1.79%	2.71%	1.08%	-1.26%
Pre Tax Income Margin	-5.28%	-5.51%	-4.24%	-0.18%	4.44%	9.71%	7.56%	7.41%	8.14%	7.30%	4.18%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-8.41	-11.47	-16.03	0.41	-3.25	21.47	8.73	33.36	12.88	3.55	-4.19
NOPAT to Interest Expense	-5.89	-8.03	-11.22	-10.09	-3.02	20.24	8.06	7.83	11.86	3.01	-3.25
EBIT Less CapEx to Interest Expense	-12.84	-17.46	-24.03	-7.08	-14.45	6.82	-9.85	19.38	-3.05	-5.62	-13.35
NOPAT Less CapEx to Interest Expense	-10.32	-14.02	-19.22	-17.58	-14.22	5.59	-10.52	-6.14	-4.07	-6.17	-12.41
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 notable growth and changes across its financial statements over the last several quarters through Q1 2025. Here's a summary of key trends and metrics identified by analyzing its income statements, cash flow statements, and balance sheets from Q3 2022 through Q1 2025:

Revenue Growth: Operating revenue increased steadily from $436.5 million in Q3 2022 to $761.6 million in Q1 2025, highlighting strong top-line growth and demand for Datadog's cloud monitoring solutions.
Gross Profit Expansion: Gross profit grew from $342.9 million in Q3 2022 to $603.9 million in Q1 2025, reflecting improved sales and operational scale.
Increase in Operating Cash Flow: Net cash from operating activities increased substantially, with Q1 2025 at $271.5 million compared to $83.6 million in Q3 2022, showing improving cash generation from core business.
Strengthening Balance Sheet: Total assets rose from $2.8 billion in Q3 2022 to $6.0 billion in Q1 2025, supported by growing cash & equivalents and short-term investments, indicating strong liquidity.
Reduction in Operating Loss: While Datadog operated at a loss in early 2023 quarters (e.g., -$34.9 million operating income in Q1 2023), by Q4 2024 it reported positive operating income of $9.4 million, though Q1 2025 saw a slight operating loss of $12.4 million, indicating near breakeven management.
Net Income Turnaround: Net income went from losses in early 2023 (e.g., -$24.1 million in Q1 2023) to positive net income of $24.6 million in Q1 2025, signaling improved profitability trajectory.
Capital Investments: Consistent investment in property, plant, and equipment averaging around $18-27 million per quarter suggests ongoing commitment to infrastructure and capacity expansion.
Marketing and R&D Expenses: These expenses have risen alongside revenue, with marketing expense at $214 million and R&D at $341 million in Q1 2025. This indicates significant spending to support growth and innovation, which could impact near-term margins but benefit long-term growth.
Interest and Other Income/Expense: Datadog garners significant interest and investment income, which partly offsets interest expenses and aids in net income. For example, in Q1 2025, $47.2 million in interest income versus $3 million in interest expense.
Increasing Debt Levels: Long-term debt stood at $980 million in Q1 2025, up from zero in Q3 2024, indicating increased leverage. While not immediately alarming, this could pose future financial obligations.

Summary: Datadog is on a strong growth path with revenues nearly doubling in two years and improving profitability metrics. The company's expanding cash flow from operations and solid liquidity position provide good financial flexibility. Elevated marketing and R&D spend underline aggressive growth and innovation strategy but pressure margins. The recent increase in debt warrants monitoring. Overall, Datadog appears positioned for continued growth with improving financial health, albeit with some risks related to costs and leverage.

08/02/25 09:19 PMAI 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 8/2/2025 by MarketBeat.com Staff

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Datadog (DDOG) Financials

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Datadog (DDOG) Financials

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Quarterly Balance Sheets for Datadog

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