What is Datadog's operating income?

Datadog's total operating income in 2025 was -$44.37 million, based on the following breakdown: Total Gross Profit: $2.74 billion Total Operating Expenses: $2.78 billion

Datadog (DDOG) Financials

$227.34 -4.34 (-1.87%)

Closing price 04:00 PM Eastern

Extended Trading

$225.75 -1.59 (-0.70%)

As of 07:58 PM Eastern

Compare

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	2025
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	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-2.57	-11	-17	-25	-21	-50	49	184	108
Consolidated Net Income / (Loss)	-2.57	-11	-17	-25	-21	-50	49	184	108
Net Income / (Loss) Continuing Operations	-2.57	-11	-17	-25	-21	-50	49	184	108
Total Pre-Tax Income	-2.11	-10	-16	-22	-18	-38	60	204	127
Total Operating Income	-2.96	-11	-20	-14	-19	-59	-33	54	-44
Total Gross Profit	77	152	274	473	795	1,328	1,718	2,169	2,740
Total Revenue	101	198	363	603	1,029	1,675	2,128	2,684	3,427
Operating Revenue	101	198	363	603	1,029	1,675	2,128	2,684	3,427
Total Cost of Revenue	23	47	89	130	234	347	410	516	687
Operating Cost of Revenue	23	47	89	130	234	347	410	516	687
Total Operating Expenses	80	163	294	487	814	1,387	1,752	2,114	2,785
Selling, General & Admin Expense	11	19	36	63	94	139	180	205	280
Marketing Expense	44	89	147	214	299	495	609	757	956
Research & Development Expense	25	55	111	211	420	752	962	1,153	1,548
Total Other Income / (Expense), net	0.84	0.79	4.16	-8.45	0.73	21	94	150	171
Interest Expense	-	0.00	0.03	30	21	17	6.30	7.07	11
Interest & Investment Income	-	0.79	4.20	22	22	37	100	157	182
Income Tax Expense	0.46	0.52	0.73	2.33	2.32	12	12	20	19
Basic Earnings per Share	($0.04)	($0.15)	($0.12)	($0.08)	($0.07)	($0.16)	$0.15	$0.55	$0.31
Weighted Average Basic Shares Outstanding	61M	71M	139.87M	300.35M	309.05M	315.41M	324.03M	336.17M	347.31M
Diluted Earnings per Share	($0.04)	($0.15)	($0.12)	($0.08)	($0.07)	($0.16)	$0.14	$0.52	$0.31
Weighted Average Diluted Shares Outstanding	61M	71M	139.87M	300.35M	309.05M	315.41M	350.29M	358.64M	363.47M
Weighted Average Basic & Diluted Shares Outstanding	61M	71M	140M	300M	313.91M	319.89M	331.87M	342.76M	352.58M

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 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	23	54	43	44	52	46	25	2.65	34	47	53
Consolidated Net Income / (Loss)	23	54	43	44	52	46	25	2.65	34	47	53
Net Income / (Loss) Continuing Operations	23	54	43	44	52	46	25	2.65	34	47	53
Total Pre-Tax Income	24	57	46	48	56	54	32	6.09	36	53	59
Total Operating Income	-4.23	28	12	13	20	9.39	-12	-36	-5.81	9.36	7.33
Total Gross Profit	444	485	501	522	552	594	604	661	709	766	797
Total Revenue	548	590	611	645	690	738	762	827	886	953	1,006
Operating Revenue	548	590	611	645	690	738	762	827	886	953	1,006
Total Cost of Revenue	103	105	110	123	138	144	158	166	176	187	209
Operating Cost of Revenue	103	105	110	123	138	144	158	166	176	187	209
Total Operating Expenses	448	457	489	509	532	584	616	696	715	757	790
Selling, General & Admin Expense	51	44	45	48	52	60	61	70	74	75	75
Marketing Expense	157	160	174	187	188	208	214	239	239	264	280
Research & Development Expense	240	253	270	275	292	316	341	387	402	418	435
Total Other Income / (Expense), net	29	30	34	35	36	44	44	42	41	44	52
Interest Expense	1.30	1.29	1.37	1.48	1.57	2.64	2.96	3.08	2.42	2.60	3.12
Interest & Investment Income	30	-	36	37	37	-	47	45	44	47	55
Income Tax Expense	1.67	3.27	3.55	3.97	4.44	8.23	7.15	3.44	1.78	6.90	6.36
Basic Earnings per Share	$0.07	$0.17	$0.13	$0.13	$0.15	$0.14	$0.07	$0.01	$0.10	$0.13	$0.15
Weighted Average Basic Shares Outstanding	325.56M	324.03M	331.81M	334.94M	337.56M	336.17M	343.10M	346.19M	348.65M	347.31M	353.27M
Diluted Earnings per Share	$0.06	$0.17	$0.12	$0.12	$0.14	$0.14	$0.07	$0.01	$0.10	$0.13	$0.15
Weighted Average Diluted Shares Outstanding	351.31M	350.29M	355.98M	356.74M	357.64M	358.64M	363.08M	358.73M	362.00M	363.47M	364.73M
Weighted Average Basic & Diluted Shares Outstanding	328.55M	331.87M	334.50M	337.15M	339.72M	342.76M	345.35M	348.75M	350.67M	352.58M	355.96M

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	2025
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	12/31/2025
Net Change in Cash & Equivalents	1.48	1.16	536	-372	46	68	-12	917	-846
Net Cash From Operating Activities	14	11	24	109	287	418	660	871	1,050
Net Cash From Continuing Operating Activities	14	11	24	109	287	418	660	871	1,050
Net Income / (Loss) Continuing Operations	-2.57	-11	-17	-25	-21	-50	49	184	108
Consolidated Net Income / (Loss)	-2.57	-11	-17	-25	-21	-50	49	184	108
Depreciation Expense	2.70	6.03	12	15	23	35	44	55	56
Amortization Expense	1.27	2.67	5.41	39	37	36	0.97	3.88	28
Non-Cash Adjustments To Reconcile Net Income	3.45	5.73	33	92	184	391	521	615	805
Changes in Operating Assets and Liabilities, net	8.97	7.16	-9.54	-12	63	6.39	45	13	53
Net Cash From Investing Activities	-13	-17	-202	-1,153	-274	-385	-731	-737	-1,334
Net Cash From Continuing Investing Activities	-13	-17	-202	-1,153	-274	-385	-731	-737	-1,334
Purchase of Property, Plant & Equipment	-7.80	-16	-23	-26	-36	-65	-62	-96	-135
Acquisitions	-4.96	-1.62	-2.14	-2.36	-227	-46	-12	-7.13	-118
Purchase of Investments	0.00	0.00	-177	-1,795	-1,126	-1,414	-2,558	-2,653	-3,600
Sale and/or Maturity of Investments	-	0.00	0.00	670	1,114	1,140	1,902	2,019	2,519
Net Cash From Financing Activities	0.46	7.78	714	670	35	36	58	787	-572
Net Cash From Continuing Financing Activities	0.46	7.78	714	670	35	36	58	787	-572
Repayment of Debt	-	-	-	0.00	0.00	-0.00	0.00	-197	-636
Issuance of Debt	-	0.00	0.00	730	-	0.00	0.00	979	-0.19
Issuance of Common Equity	0.00	0.00	706	15	20	26	37	44	57
Other Financing Activities, net	0.46	7.78	7.90	-75	15	10	21	-39	6.44
Effect of Exchange Rate Changes	-0.05	-	-0.02	0.78	-1.99	-1.94	1.18	-4.20	11
Cash Income Taxes Paid	0.04	0.04	0.14	0.41	1.49	1.60	17	21	18

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 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-30	69	-48	129	-74	910	-167	-591	52	-139	25
Net Cash From Operating Activities	153	220	212	164	229	265	272	200	251	327	335
Net Cash From Continuing Operating Activities	153	220	212	164	229	265	272	200	251	327	335
Net Income / (Loss) Continuing Operations	23	54	43	44	52	46	25	2.65	34	47	53
Consolidated Net Income / (Loss)	23	54	43	44	52	46	25	2.65	34	47	53
Depreciation Expense	12	12	13	12	14	16	11	13	15	17	18
Amortization Expense	-1.89	-3.53	-1.43	0.79	1.54	2.98	6.30	6.74	7.42	7.39	9.49
Non-Cash Adjustments To Reconcile Net Income	133	138	145	146	153	172	177	194	215	219	212
Changes in Operating Assets and Liabilities, net	-13	19	14	-38	8.88	29	52	-16	-20	37	43
Net Cash From Investing Activities	-191	-174	-261	-60	-307	-109	-443	-191	-202	-498	-315
Net Cash From Continuing Investing Activities	-191	-174	-261	-60	-307	-109	-443	-191	-202	-498	-315
Purchase of Property, Plant & Equipment	-15	-19	-26	-21	-25	-24	-27	-35	-38	-36	-46
Acquisitions	-4.34	-6.13	0.00	-	-0.21	-6.48	-1.82	-115	-0.19	-0.70	-11
Purchase of Investments	-622	-546	-637	-603	-906	-507	-970	-751	-796	-1,082	-1,305
Sale and/or Maturity of Investments	449	397	402	564	624	429	556	710	631	621	1,046
Net Cash From Financing Activities	9.87	21	2.19	24	1.23	759	1.65	-605	1.27	30	9.71
Net Cash From Continuing Financing Activities	9.87	21	2.19	24	1.23	759	1.65	-605	1.27	30	9.71
Repayment of Debt	-	-	0.00	-	-0.02	-197	-0.02	-636	-	-	0.00
Other Financing Activities, net	9.87	3.51	2.19	1.75	1.26	-44	1.67	1.69	1.27	1.81	9.71
Effect of Exchange Rate Changes	-1.61	1.95	-1.37	-0.20	3.10	-5.72	3.09	5.64	0.98	1.44	-4.48
Cash Income Taxes Paid	3.49	2.34	4.65	10	0.99	5.18	3.66	7.65	4.02	2.32	17

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	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	180	1,038	1,890	2,381	3,005	3,936	5,785	6,644
Total Current Assets	122	904	1,718	1,871	2,344	3,178	4,911	5,382
Cash & Equivalents	54	597	225	271	339	330	1,247	401
Short-Term Investments	0.00	177	1,293	1,283	1,545	2,253	2,942	4,074
Accounts Receivable	56	102	163	269	400	509	599	741
Prepaid Expenses	8.77	19	24	24	27	41	67	90
Other Current Assets	3.72	8.35	14	23	33	45	56	76
Plant, Property, & Equipment, net	22	33	47	75	125	172	227	338
Total Noncurrent Assets	36	101	125	435	535	586	647	923
Goodwill	7.63	9.06	18	292	348	353	360	531
Intangible Assets	1.29	1.44	2.07	16	16	9.62	3.71	15
Other Noncurrent Operating Assets	16	91	105	127	171	224	283	378
Total Liabilities & Shareholders' Equity	180	1,038	1,890	2,381	3,005	3,936	5,785	6,644
Total Liabilities	115	256	933	1,340	1,594	1,911	3,071	2,912
Total Current Liabilities	112	200	298	529	760	1,003	1,863	1,591
Accounts Payable	13	15	21	25	23	88	108	149
Current Deferred Revenue	69	134	205	372	543	766	962	1,194
Other Current Liabilities	0.00	12	16	131	193	150	159	249
Total Noncurrent Liabilities	2.75	55	635	811	835	908	1,208	1,320
Long-Term Debt	-	0.00	576	735	739	742	979	983
Noncurrent Deferred Revenue	1.39	4.34	3.45	14	13	21	23	69
Other Noncurrent Operating Liabilities	1.36	51	56	62	83	144	206	268
Commitments & Contingencies	0.00	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	3,732
Total Preferred & Common Equity	-76	782	957	1,041	1,411	2,025	2,714	3,732
Total Common Equity	-76	782	957	1,041	1,411	2,025	2,714	3,732
Common Stock	31	906	1,103	1,197	1,625	2,181	2,689	3,579
Retained Earnings	-107	-124	-148	-152	-202	-154	30	138
Accumulated Other Comprehensive Income / (Loss)	0.03	0.13	2.29	-3.83	-12	-2.22	-4.70	15

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	Q3 2025	Q1 2026
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	9/30/2025	3/31/2026
Total Assets	2,798	3,140	3,312	3,543	4,141	4,412	4,631	6,010	5,822	6,052	6,952
Total Current Assets	2,177	2,463	2,600	2,819	3,334	3,592	3,789	5,076	4,645	4,838	5,625
Cash & Equivalents	295	223	291	261	282	411	337	1,080	489	541	426
Short-Term Investments	1,471	1,795	1,894	2,080	2,499	2,549	2,862	3,370	3,422	3,600	4,332
Accounts Receivable	349	367	333	401	451	533	487	490	604	550	680
Prepaid Expenses	32	43	44	37	55	49	51	78	67	81	104
Other Current Assets	30	35	38	40	46	50	52	59	62	67	82
Plant, Property, & Equipment, net	111	138	145	158	182	199	216	250	283	308	379
Total Noncurrent Assets	510	538	567	566	625	621	626	684	895	907	948
Goodwill	333	349	350	349	351	351	353	362	531	530	541
Intangible Assets	16	14	12	10	7.31	5.80	4.42	2.63	17	17	15
Other Noncurrent Operating Assets	162	176	205	207	267	265	269	320	346	360	392
Total Liabilities & Shareholders' Equity	2,798	3,140	3,312	3,543	4,141	4,412	4,631	6,010	5,822	6,052	6,952
Total Liabilities	1,508	1,628	1,663	1,737	1,939	2,005	2,002	3,094	2,627	2,613	2,964
Total Current Liabilities	674	773	761	842	973	1,791	1,780	1,855	1,353	1,321	1,656
Accounts Payable	28	42	48	85	64	116	92	98	199	135	175
Current Deferred Revenue	479	562	567	637	767	802	796	949	966	974	1,231
Other Current Liabilities	22	169	146	121	141	129	148	172	188	211	250
Total Noncurrent Liabilities	834	855	901	894	966	214	222	1,239	1,273	1,293	1,308
Long-Term Debt	738	740	741	741	743	0.00	0.00	980	981	982	984
Noncurrent Deferred Revenue	9.46	23	28	18	26	14	18	22	30	29	51
Other Noncurrent Operating Liabilities	86	92	133	135	197	200	204	237	262	281	272
Commitments & Contingencies	0.00	0.00	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	3,439	3,988
Total Preferred & Common Equity	1,289	1,512	1,649	1,806	2,202	2,407	2,629	2,917	3,196	3,439	3,988
Total Common Equity	1,289	1,512	1,649	1,806	2,202	2,407	2,629	2,917	3,196	3,439	3,988
Common Stock	1,488	1,744	1,892	2,028	2,321	2,484	2,632	2,861	3,130	3,336	3,801
Retained Earnings	-173	-226	-230	-208	-111	-67	-16	55	57	91	190
Accumulated Other Comprehensive Income / (Loss)	-25	-5.77	-12	-14	-7.70	-9.72	13	1.34	8.29	12	-3.42

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

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
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	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	96.58%	83.15%	66.34%	70.48%	62.82%	27.06%	26.12%	27.68%
EBITDA Growth	0.00%	-225.25%	-0.94%	1,821.97%	1.55%	-70.82%	-0.47%	844.41%	-65.30%
EBIT Growth	0.00%	-422.15%	-82.54%	31.61%	-39.08%	-206.41%	42.99%	262.22%	-181.74%
NOPAT Growth	0.00%	-273.24%	-82.54%	31.61%	-39.08%	-206.41%	34.33%	281.26%	-176.96%
Net Income Growth	0.00%	-318.75%	-55.27%	-46.90%	15.49%	-141.79%	196.83%	278.33%	-41.36%
EPS Growth	0.00%	-275.00%	20.00%	33.33%	12.50%	-128.57%	187.50%	271.43%	-40.38%
Operating Cash Flow Growth	0.00%	-21.71%	123.79%	350.16%	162.67%	46.02%	57.73%	31.92%	20.62%
Free Cash Flow Firm Growth	0.00%	0.00%	-202.17%	24.58%	-1,184.84%	61.84%	163.61%	78.04%	-247.22%
Invested Capital Growth	0.00%	0.00%	3,975.00%	89.21%	1,303.29%	19.25%	-30.31%	-24.95%	73.74%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	11.84%	16.89%	9.35%	5.99%	5.84%	6.71%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	23.71%	57.49%	-78.64%	128.06%	-6.74%	15.64%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-93.96%	47.59%	-275.96%	65.08%	-25.26%	-0.08%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-93.96%	47.59%	-275.96%	59.78%	-27.32%	-1.28%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-227.47%	52.93%	-259.39%	240.94%	-4.37%	0.91%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-233.33%	50.00%	-220.00%	216.67%	-5.45%	-3.13%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	977.55%	6.23%	47.26%	-0.32%	19.09%	5.45%	6.26%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-12.52%	-77.78%	541.74%	-3.49%	2.41%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-71.29%	-1.20%	1.47%	-10.42%	-20.82%	-14.35%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	76.76%	76.51%	75.48%	78.43%	77.23%	79.30%	80.74%	80.79%	79.96%
EBITDA Margin	1.85%	-1.18%	-0.65%	6.73%	4.01%	0.72%	0.56%	4.21%	1.15%
Operating Margin	-2.93%	-5.57%	-5.55%	-2.28%	-1.86%	-3.50%	-1.57%	2.02%	-1.29%
EBIT Margin	-2.10%	-5.57%	-5.55%	-2.28%	-1.86%	-3.50%	-1.57%	2.02%	-1.29%
Profit (Net Income) Margin	-2.55%	-5.43%	-4.61%	-4.07%	-2.02%	-2.99%	2.28%	6.85%	3.14%
Tax Burden Percent	121.63%	105.10%	104.59%	110.46%	112.61%	131.76%	80.63%	90.10%	84.82%
Interest Burden Percent	100.00%	92.81%	79.32%	161.34%	96.17%	64.86%	-180.00%	375.69%	-286.26%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	19.37%	9.90%	15.18%
Return on Invested Capital (ROIC)	0.00%	0.00%	-345.79%	-79.66%	-11.26%	-16.86%	-12.00%	30.26%	-19.84%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	-345.17%	-77.92%	-10.43%	-15.94%	-17.06%	24.15%	-24.63%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	341.85%	76.83%	9.19%	12.77%	14.83%	-22.50%	23.18%
Return on Equity (ROE)	0.00%	-16.62%	-3.95%	-2.82%	-2.08%	-4.09%	2.83%	7.75%	3.34%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	-271.02%	-141.35%	-184.66%	-34.43%	23.73%	58.76%	-73.72%
Operating Return on Assets (OROA)	0.00%	-6.14%	-3.31%	-0.94%	-0.90%	-2.18%	-0.96%	1.12%	-0.71%
Return on Assets (ROA)	0.00%	-5.99%	-2.74%	-1.68%	-0.97%	-1.86%	1.40%	3.78%	1.73%
Return on Common Equity (ROCE)	0.00%	19.51%	-3.29%	-2.82%	-2.08%	-4.09%	2.83%	7.75%	3.34%
Return on Equity Simple (ROE_SIMPLE)	0.00%	14.15%	-2.14%	-2.56%	-1.99%	-3.56%	2.40%	6.77%	0.00%
Net Operating Profit after Tax (NOPAT)	-2.07	-7.72	-14	-9.64	-13	-41	-27	49	-38
NOPAT Margin	-2.05%	-3.90%	-3.89%	-1.60%	-1.30%	-2.45%	-1.27%	1.82%	-1.10%
Net Nonoperating Expense Percent (NNEP)	0.00%	-9.35%	-0.62%	-1.74%	-0.83%	-0.92%	5.06%	6.11%	4.79%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-1.91%	-0.97%	1.13%	-0.80%
Cost of Revenue to Revenue	23.24%	23.49%	24.52%	21.57%	22.77%	20.70%	19.26%	19.21%	20.04%
SG&A Expenses to Revenue	11.27%	9.37%	9.89%	10.40%	9.18%	8.32%	8.47%	7.64%	8.16%
R&D to Revenue	24.55%	27.86%	30.71%	34.90%	40.80%	44.91%	45.22%	42.94%	45.18%
Operating Expenses to Revenue	79.70%	82.08%	81.03%	80.71%	79.09%	82.80%	82.31%	78.77%	81.25%
Earnings before Interest and Taxes (EBIT)	-2.11	-11	-20	-14	-19	-59	-33	54	-44
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1.87	-2.34	-2.36	41	41	12	12	113	39
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	14.29	31.31	53.37	16.55	19.69	17.88	12.78
Price to Tangible Book Value (P/TBV)	0.00	0.00	14.48	31.97	75.78	22.32	23.98	20.65	14.96
Price to Revenue (P/Rev)	6.43	3.27	30.81	49.68	54.02	13.93	18.74	18.08	13.91
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	821.11	264.19	442.61
Dividend Yield	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%	0.00%	0.12%	0.38%	0.23%
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	183.53
Enterprise Value to Revenue (EV/Rev)	0.00	3.71	28.67	48.12	53.22	13.25	17.87	17.12	12.90
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	1,126.25
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	846.79	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	939.86	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	67.89	429.25	266.17	191.08	53.05	57.64	52.80	42.09
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	712.98	483.91	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.60	0.71	0.52	0.37	0.59	0.26
Long-Term Debt to Equity	0.00	0.00	0.00	0.60	0.71	0.52	0.37	0.36	0.26
Financial Leverage	0.00	-1.00	-0.99	-0.99	-0.88	-0.80	-0.87	-0.93	-0.94
Leverage Ratio	0.00	2.78	1.44	1.68	2.14	2.20	2.02	2.05	1.93
Compound Leverage Factor	0.00	2.58	1.14	2.72	2.06	1.42	-3.64	7.71	-5.52
Debt to Total Capital	0.00%	0.00%	0.00%	37.56%	41.40%	34.38%	26.82%	37.28%	20.86%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	14.65%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	37.56%	41.40%	34.38%	26.82%	22.63%	20.86%
Preferred Equity to Total Capital	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%	217.41%	0.00%	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%	79.15%
Debt to EBITDA	0.00	0.00	0.00	14.18	17.84	61.41	61.98	14.27	25.06
Net Debt to EBITDA	0.00	0.00	0.00	-23.19	-19.86	-95.20	-153.71	-22.78	-88.97
Long-Term Debt to EBITDA	0.00	0.00	0.00	14.18	17.84	61.41	61.98	8.66	25.06
Debt to NOPAT	0.00	0.00	0.00	-59.73	-54.85	-17.98	-27.51	32.99	-26.13
Net Debt to NOPAT	0.00	0.00	0.00	97.66	61.07	27.88	68.22	-52.66	92.76
Long-Term Debt to NOPAT	0.00	0.00	0.00	-59.73	-54.85	-17.98	-27.51	20.02	-26.13
Altman Z-Score	0.00	3.51	27.16	20.37	25.88	9.82	13.64	10.62	11.03
Noncontrolling Interest Sharing Ratio	0.00%	217.41%	16.62%	0.00%	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	3.38
Quick Ratio	0.00	0.98	4.38	5.64	3.45	3.01	3.08	2.57	3.28
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-7.51	-23	-17	-220	-84	53	95	-140
Operating Cash Flow to CapEx	177.27%	68.37%	103.37%	421.48%	795.41%	644.80%	1,057.52%	911.63%	775.48%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	-708.88	-0.56	-10.44	-5.07	8.47	13.44	-12.65
Operating Cash Flow to Interest Expense	0.00	0.00	757.31	3.58	13.61	25.30	104.72	123.18	94.96
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	24.72	2.73	11.90	21.38	94.82	109.66	82.71
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	1.10	0.60	0.41	0.48	0.62	0.61	0.55	0.55
Accounts Receivable Turnover	0.00	3.55	4.59	4.54	4.76	5.01	4.68	4.84	5.11
Inventory Turnover	0.00	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	12.13
Accounts Payable Turnover	0.00	3.68	6.34	7.08	10.05	14.23	7.37	5.28	5.36
Days Sales Outstanding (DSO)	0.00	102.86	79.59	80.37	76.67	72.82	77.93	75.34	71.37
Days Inventory Outstanding (DIO)	0.00	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	68.15
Cash Conversion Cycle (CCC)	0.00	3.72	22.01	28.83	40.35	47.16	28.43	6.16	3.22
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	-0.22	8.37	16	222	265	185	139	241
Invested Capital Turnover	0.00	-1,834.05	88.98	49.86	8.64	6.88	9.47	16.61	18.06
Increase / (Decrease) in Invested Capital	0.00	-0.22	8.59	7.47	206	43	-80	-46	102
Enterprise Value (EV)	0.00	735	10,403	29,037	54,754	22,195	38,039	45,967	44,196
Market Capitalization	648	648	11,176	29,978	55,573	23,341	39,880	48,543	47,688
Book Value per Share	$0.00	($1.07)	$2.64	$3.14	$3.34	$4.44	$6.16	$7.99	$10.64
Tangible Book Value per Share	$0.00	($1.20)	$2.61	$3.08	$2.35	$3.29	$5.06	$6.92	$9.09
Total Capital	0.00	65	782	1,533	1,777	2,149	2,768	4,328	4,716
Total Debt	0.00	0.00	0.00	576	735	739	742	1,613	983
Total Long-Term Debt	0.00	0.00	0.00	576	735	739	742	979	983
Net Debt	0.00	-54	-774	-942	-819	-1,145	-1,841	-2,576	-3,491
Capital Expenditures (CapEx)	7.80	16	23	26	36	65	62	96	135
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-44	-70	-97	-212	-300	-408	-507	-684
Debt-free Net Working Capital (DFNWC)	0.00	9.72	704	1,420	1,342	1,584	2,175	3,682	3,791
Net Working Capital (NWC)	0.00	9.72	704	1,420	1,342	1,584	2,175	3,048	3,791
Net Nonoperating Expense (NNE)	0.50	3.04	2.61	15	7.34	9.07	-76	-135	-145
Net Nonoperating Obligations (NNO)	0.00	-65	-774	-942	-819	-1,145	-1,841	-2,576	-3,491
Total Depreciation and Amortization (D&A)	3.98	8.70	18	54	60	71	45	59	84
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%	-19.96%
Debt-free Net Working Capital to Revenue	0.00%	4.91%	193.98%	235.35%	130.47%	94.59%	102.20%	137.19%	110.61%
Net Working Capital to Revenue	0.00%	4.91%	193.98%	235.35%	130.47%	94.59%	102.20%	113.57%	110.61%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($0.12)	($0.08)	($0.07)	($0.16)	$0.15	$0.55	$0.31
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	297.07M	306.49M	309.05M	315.41M	324.03M	336.17M	347.31M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($0.12)	($0.08)	($0.07)	($0.16)	$0.14	$0.52	$0.31
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	297.07M	306.49M	309.05M	315.41M	350.29M	358.64M	363.47M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	($0.12)	($0.08)	$0.00	$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	352.58M
Normalized Net Operating Profit after Tax (NOPAT)	-2.07	-7.72	-14	-9.64	-13	-41	-27	49	-38
Normalized NOPAT Margin	-2.05%	-3.90%	-3.89%	-1.60%	-1.30%	-2.45%	-1.27%	1.82%	-1.10%
Pre Tax Income Margin	-2.10%	-5.17%	-4.40%	-3.68%	-1.79%	-2.27%	2.83%	7.60%	3.71%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	-629.38	-0.45	-0.91	-3.55	-5.31	7.68	-4.01
NOPAT to Interest Expense	0.00	0.00	-440.56	-0.32	-0.64	-2.48	-4.28	6.92	-3.40
EBIT Less CapEx to Interest Expense	0.00	0.00	-1,361.97	-1.30	-2.62	-7.47	-15.21	-5.83	-16.26
NOPAT Less CapEx to Interest Expense	0.00	0.00	-1,173.16	-1.17	-2.35	-6.41	-14.18	-6.59	-15.65
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	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%

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

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	352,576,081.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	352,576,081.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.15
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	25.43%	25.62%	26.89%	26.66%	26.02%	25.11%	24.59%	28.12%	28.35%	29.21%	32.15%
EBITDA Growth	141.26%	296.87%	215.01%	371.14%	550.61%	-22.54%	-78.10%	-161.65%	-53.35%	18.91%	576.31%
EBIT Growth	86.50%	180.11%	134.30%	7,872.49%	579.39%	-66.15%	-203.53%	-381.34%	-128.65%	-0.38%	158.99%
NOPAT Growth	82.04%	207.91%	145.23%	175.11%	574.06%	-69.58%	-186.93%	-233.40%	-129.55%	2.42%	167.91%
Net Income Growth	187.09%	285.96%	276.99%	1,204.16%	128.44%	-15.56%	-42.20%	-93.96%	-34.45%	2.13%	113.35%
EPS Growth	175.00%	288.89%	250.00%	1,300.00%	133.33%	-17.65%	-41.67%	-91.67%	-28.57%	-7.14%	114.29%
Operating Cash Flow Growth	82.72%	92.44%	58.66%	7.36%	49.68%	20.43%	27.92%	21.67%	9.97%	23.32%	23.23%
Free Cash Flow Firm Growth	187.76%	258.88%	206.15%	-13.43%	-2.48%	-49.26%	-10.57%	-462.60%	-324.21%	-274.07%	-273.42%
Invested Capital Growth	-21.06%	-30.31%	-29.85%	-6.53%	-15.10%	-24.95%	-49.96%	39.22%	60.63%	73.74%	160.80%
Revenue Q/Q Growth	7.47%	7.69%	3.66%	5.57%	6.93%	6.91%	3.23%	8.56%	7.12%	7.63%	5.58%
EBITDA Q/Q Growth	-58.62%	560.25%	-35.27%	166.43%	-42.86%	-21.39%	-81.70%	-410.24%	204.54%	100.35%	4.08%
EBIT Q/Q Growth	-784.47%	755.84%	-56.76%	310.72%	-58.84%	-53.68%	-232.24%	-185.83%	83.64%	261.06%	-21.69%
NOPAT Q/Q Growth	74.43%	763.98%	-57.67%	4.49%	61.40%	-57.40%	-220.99%	-60.36%	64.25%	247.64%	-19.78%
Net Income Q/Q Growth	670.17%	138.59%	-21.04%	2.80%	17.97%	-11.81%	-45.95%	-89.26%	1,180.13%	37.43%	12.90%
EPS Q/Q Growth	700.00%	183.33%	-29.41%	0.00%	16.67%	0.00%	-50.00%	-85.71%	900.00%	30.00%	15.38%
Operating Cash Flow Q/Q Growth	-0.24%	44.14%	-3.61%	-22.54%	39.08%	15.98%	2.38%	-26.33%	25.70%	30.06%	2.31%
Free Cash Flow Firm Q/Q Growth	77.31%	108.53%	-24.03%	-69.18%	99.73%	8.51%	33.89%	-224.96%	-23.50%	15.75%	-33.39%
Invested Capital Q/Q Growth	0.80%	-10.42%	-11.16%	16.52%	-8.43%	-20.82%	-40.77%	224.19%	5.65%	-14.35%	-11.09%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	81.13%	82.22%	81.99%	80.86%	80.04%	80.46%	79.30%	79.92%	80.08%	80.39%	79.21%
EBITDA Margin	1.00%	6.15%	3.84%	9.69%	5.18%	3.81%	0.67%	-1.93%	1.88%	3.50%	3.45%
Operating Margin	-0.77%	4.70%	1.96%	1.96%	2.94%	1.27%	-1.63%	-4.29%	-0.66%	0.98%	0.73%
EBIT Margin	-0.77%	4.70%	1.96%	7.64%	2.94%	1.27%	-1.63%	-4.29%	-0.66%	0.98%	0.73%
Profit (Net Income) Margin	4.13%	9.16%	6.97%	6.79%	7.49%	6.18%	3.24%	0.32%	3.83%	4.89%	5.22%
Tax Burden Percent	93.13%	94.28%	92.30%	91.70%	92.09%	84.71%	77.50%	43.48%	95.00%	87.09%	89.21%
Interest Burden Percent	-574.47%	206.43%	385.00%	97.00%	276.83%	573.10%	-256.01%	-17.15%	-614.00%	571.50%	804.29%
Effective Tax Rate	6.87%	5.72%	7.70%	8.30%	7.91%	15.29%	22.50%	56.52%	5.00%	12.91%	10.79%
Return on Invested Capital (ROIC)	-6.18%	41.99%	20.56%	21.69%	36.01%	17.91%	-29.11%	-24.63%	-8.77%	15.44%	16.10%
ROIC Less NNEP Spread (ROIC-NNEP)	-8.20%	40.12%	18.65%	19.93%	34.38%	16.20%	-30.51%	-25.33%	-10.18%	14.18%	14.71%
Return on Net Nonoperating Assets (RNNOA)	6.97%	-34.87%	-16.65%	-17.99%	-31.43%	-15.10%	29.05%	23.26%	9.41%	-13.34%	-14.08%
Return on Equity (ROE)	0.78%	7.12%	3.90%	3.71%	4.58%	2.81%	-0.06%	-1.36%	0.64%	2.10%	2.02%
Cash Return on Invested Capital (CROIC)	-5.17%	23.73%	41.26%	29.35%	51.63%	58.76%	87.82%	-39.51%	-62.82%	-73.72%	-103.77%
Operating Return on Assets (OROA)	-0.49%	2.89%	1.22%	4.73%	1.82%	0.70%	-0.91%	-2.53%	-0.39%	0.54%	0.41%
Return on Assets (ROA)	2.62%	5.62%	4.33%	4.21%	4.65%	3.41%	1.81%	0.19%	2.30%	2.69%	2.96%
Return on Common Equity (ROCE)	0.78%	7.12%	3.90%	3.71%	4.58%	2.81%	-0.06%	-1.36%	0.64%	2.10%	2.02%
Return on Equity Simple (ROE_SIMPLE)	-1.91%	0.00%	5.23%	6.77%	7.31%	0.00%	5.68%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-3.94	26	11	12	19	7.96	-9.63	-15	-5.52	8.15	6.54
NOPAT Margin	-0.72%	4.44%	1.81%	1.79%	2.71%	1.08%	-1.26%	-1.87%	-0.62%	0.85%	0.65%
Net Nonoperating Expense Percent (NNEP)	2.02%	1.86%	1.90%	1.76%	1.63%	1.70%	1.41%	0.70%	1.40%	1.27%	1.39%
Return On Investment Capital (ROIC_SIMPLE)	-	0.95%	-	-	-	0.18%	-0.21%	-0.37%	-0.12%	0.17%	0.13%
Cost of Revenue to Revenue	18.87%	17.78%	18.01%	19.14%	19.96%	19.54%	20.70%	20.08%	19.92%	19.61%	20.79%
SG&A Expenses to Revenue	9.38%	7.44%	7.41%	7.37%	7.60%	8.12%	8.01%	8.44%	8.39%	7.83%	7.43%
R&D to Revenue	43.87%	42.95%	44.17%	42.56%	42.29%	42.88%	44.78%	46.87%	45.39%	43.84%	43.25%
Operating Expenses to Revenue	81.90%	77.52%	80.03%	78.91%	77.10%	79.18%	80.93%	84.22%	80.73%	79.41%	78.48%
Earnings before Interest and Taxes (EBIT)	-4.23	28	12	49	20	9.39	-12	-36	-5.81	9.36	7.33
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	5.49	36	23	63	36	28	5.14	-16	17	33	35
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	16.39	19.69	18.44	18.02	14.75	17.88	11.66	14.52	14.44	12.78	10.44
Price to Tangible Book Value (P/TBV)	20.45	23.98	22.03	21.15	17.08	20.65	13.32	17.52	17.17	14.96	12.12
Price to Revenue (P/Rev)	14.74	18.74	17.99	18.12	15.30	18.08	12.00	15.38	15.46	13.91	11.33
Price to Earnings (P/E)	0.00	821.11	352.25	266.01	201.89	264.19	205.15	372.38	465.13	442.61	306.78
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%	0.12%	0.28%	0.38%	0.50%	0.38%	0.49%	0.27%	0.22%	0.23%	0.33%
Enterprise Value to Invested Capital (EV/IC)	135.83	205.96	235.09	215.33	207.59	331.63	379.70	163.30	165.39	183.53	176.77
Enterprise Value to Revenue (EV/Rev)	13.95	17.87	17.08	17.20	14.33	17.12	11.00	14.41	14.48	12.90	10.31
Enterprise Value to EBITDA (EV/EBITDA)	0.00	3,176.55	690.85	452.17	299.67	406.46	328.91	820.26	1,370.41	1,126.25	549.73
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	2,856.68	855.36	500.30	846.79	1,043.63	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	3,143.11	920.75	539.97	939.86	1,193.44	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	50.53	57.64	52.23	54.91	44.01	52.80	33.52	45.01	47.05	42.09	34.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	712.98	469.80	708.87	369.21	483.91	288.37	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.41	0.37	0.34	0.31	0.28	0.59	0.55	0.31	0.29	0.26	0.25
Long-Term Debt to Equity	0.41	0.37	0.34	0.00	0.00	0.36	0.34	0.31	0.29	0.26	0.25
Financial Leverage	-0.85	-0.87	-0.89	-0.90	-0.91	-0.93	-0.95	-0.92	-0.92	-0.94	-0.96
Leverage Ratio	2.05	2.02	1.96	1.90	1.84	2.05	1.98	1.83	1.76	1.93	1.88
Compound Leverage Factor	-11.77	4.17	7.55	1.85	5.10	11.75	-5.08	-0.31	-10.81	11.02	15.10
Debt to Total Capital	29.10%	26.82%	25.23%	23.61%	22.08%	37.28%	35.64%	23.49%	22.22%	20.86%	19.80%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	23.61%	22.08%	14.65%	14.01%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	29.10%	26.82%	25.23%	0.00%	0.00%	22.63%	21.63%	23.49%	22.22%	20.86%	19.80%
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	70.90%	73.18%	74.77%	76.39%	77.92%	62.72%	64.36%	76.51%	77.78%	79.15%	80.20%
Debt to EBITDA	-17.37	61.98	13.31	8.17	6.14	14.27	17.04	18.52	28.95	25.06	14.30
Net Debt to EBITDA	37.50	-153.71	-36.51	-24.34	-20.24	-22.78	-29.91	-55.29	-93.06	-88.97	-54.82
Long-Term Debt to EBITDA	-17.37	61.98	13.31	0.00	0.00	8.66	10.34	18.52	28.95	25.06	14.30
Debt to NOPAT	-11.05	-27.51	60.55	16.64	11.07	32.99	61.84	-63.82	-26.43	-26.13	-45.42
Net Debt to NOPAT	23.86	68.22	-166.10	-49.57	-36.47	-52.66	-108.53	190.51	84.97	92.76	174.14
Long-Term Debt to NOPAT	-11.05	-27.51	60.55	0.00	0.00	20.02	37.53	-63.82	-26.43	-26.13	-45.42
Altman Z-Score	11.38	13.70	13.77	14.03	12.70	10.59	7.72	11.79	12.65	11.06	9.68
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	3.35	3.17	3.43	2.01	2.13	2.64	2.74	3.43	3.66	3.38	3.40
Quick Ratio	3.26	3.08	3.32	1.95	2.07	2.57	2.66	3.34	3.55	3.28	3.28
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	51	106	81	25	50	54	72	-90	-112	-94	-125
Operating Cash Flow to CapEx	1,046.89%	1,163.00%	831.68%	796.47%	911.92%	1,093.45%	1,000.15%	576.49%	670.26%	907.32%	734.93%
Free Cash Flow to Firm to Interest Expense	39.19	82.42	58.88	16.88	31.64	20.45	24.42	-29.40	-46.12	-36.18	-40.23
Operating Cash Flow to Interest Expense	117.25	170.45	154.49	111.32	145.29	100.35	91.64	65.06	103.87	125.80	107.29
Operating Cash Flow Less CapEx to Interest Expense	106.05	155.80	135.91	97.35	129.35	91.17	82.48	53.77	88.37	111.93	92.69
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.63	0.61	0.62	0.62	0.62	0.55	0.56	0.59	0.60	0.55	0.57
Accounts Receivable Turnover	5.36	4.68	5.52	5.53	5.71	4.84	6.02	5.30	6.20	5.11	6.27
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	14.95	14.32	14.08	13.92	13.58	13.46	13.11	12.51	12.27	12.13	11.68
Accounts Payable Turnover	7.11	7.37	7.93	5.39	5.37	5.28	6.92	3.85	5.67	5.36	5.41
Days Sales Outstanding (DSO)	68.11	77.93	66.13	66.06	63.88	75.34	60.60	68.83	58.91	71.37	58.18
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)	51.31	49.50	46.01	67.76	67.98	69.19	52.75	94.86	64.37	68.15	67.52
Cash Conversion Cycle (CCC)	16.80	28.43	20.11	-1.71	-4.10	6.16	7.85	-26.04	-5.46	3.22	-9.34
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	206	185	164	191	175	139	82	266	281	241	214
Invested Capital Turnover	8.59	9.47	11.35	12.10	13.31	16.61	23.03	13.19	14.08	18.06	24.79
Increase / (Decrease) in Invested Capital	-55	-80	-70	-13	-31	-46	-82	75	106	102	132
Enterprise Value (EV)	28,004	38,039	38,571	41,165	36,339	45,967	31,171	43,462	46,503	44,196	37,847
Market Capitalization	29,604	39,880	40,609	43,381	38,793	48,543	34,006	46,391	49,661	47,688	41,622
Book Value per Share	$5.56	$6.16	$6.64	$7.20	$7.80	$7.99	$8.51	$9.25	$9.86	$10.64	$11.31
Tangible Book Value per Share	$4.45	$5.06	$5.56	$6.13	$6.74	$6.92	$7.45	$7.67	$8.29	$9.09	$9.74
Total Capital	2,548	2,768	2,945	3,151	3,374	4,328	4,532	4,177	4,422	4,716	4,973
Total Debt	741	742	743	744	745	1,613	1,615	981	982	983	984
Total Long-Term Debt	741	742	743	0.00	0.00	979	980	981	982	983	984
Net Debt	-1,600	-1,841	-2,038	-2,216	-2,454	-2,576	-2,835	-2,930	-3,158	-3,491	-3,774
Capital Expenditures (CapEx)	15	19	26	21	25	24	27	35	38	36	46
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-365	-408	-420	-415	-445	-507	-593	-619	-623	-684	-789
Debt-free Net Working Capital (DFNWC)	1,977	2,175	2,361	2,545	2,754	3,682	3,856	3,291	3,517	3,791	3,969
Net Working Capital (NWC)	1,977	2,175	2,361	1,801	2,009	3,048	3,222	3,291	3,517	3,791	3,969
Net Nonoperating Expense (NNE)	-27	-28	-32	-32	-33	-38	-34	-18	-39	-38	-46
Net Nonoperating Obligations (NNO)	-1,600	-1,841	-2,038	-2,216	-2,454	-2,576	-2,835	-2,930	-3,158	-3,491	-3,774
Total Depreciation and Amortization (D&A)	9.72	8.50	11	13	15	19	18	20	22	24	27
Debt-free, Cash-free Net Working Capital to Revenue	-18.16%	-19.16%	-18.62%	-17.33%	-17.54%	-18.87%	-20.93%	-20.54%	-19.40%	-19.96%	-21.50%
Debt-free Net Working Capital to Revenue	98.45%	102.20%	104.56%	106.33%	108.59%	137.19%	136.04%	109.13%	109.52%	110.61%	108.10%
Net Working Capital to Revenue	98.45%	102.20%	104.56%	75.25%	79.22%	113.57%	113.65%	109.13%	109.52%	110.61%	108.10%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.07	$0.17	$0.13	$0.13	$0.15	$0.14	$0.07	$0.01	$0.10	$0.13	$0.15
Adjusted Weighted Average Basic Shares Outstanding	325.56M	324.03M	331.81M	334.94M	337.56M	336.17M	343.10M	346.19M	348.65M	347.31M	353.27M
Adjusted Diluted Earnings per Share	$0.06	$0.17	$0.12	$0.12	$0.14	$0.14	$0.07	$0.01	$0.10	$0.13	$0.15
Adjusted Weighted Average Diluted Shares Outstanding	351.31M	350.29M	355.98M	356.74M	357.64M	358.64M	363.08M	358.73M	362.00M	363.47M	364.73M
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	328.55M	331.87M	334.50M	337.15M	339.72M	342.76M	345.35M	348.75M	350.67M	352.58M	355.96M
Normalized Net Operating Profit after Tax (NOPAT)	-3.94	26	11	12	19	7.96	-9.63	-25	-5.52	8.15	6.54
Normalized NOPAT Margin	-0.72%	4.44%	1.81%	1.79%	2.71%	1.08%	-1.26%	-3.01%	-0.62%	0.85%	0.65%
Pre Tax Income Margin	4.44%	9.71%	7.56%	7.41%	8.14%	7.30%	4.18%	0.74%	4.03%	5.61%	5.86%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-3.25	21.47	8.73	33.36	12.88	3.55	-4.19	-11.54	-2.40	3.60	2.35
NOPAT to Interest Expense	-3.02	20.24	8.06	7.83	11.86	3.01	-3.25	-5.02	-2.28	3.13	2.10
EBIT Less CapEx to Interest Expense	-14.45	6.82	-9.85	19.38	-3.05	-5.62	-13.35	-22.83	-17.90	-10.27	-12.25
NOPAT Less CapEx to Interest Expense	-14.22	5.59	-10.52	-6.14	-4.07	-6.17	-12.41	-16.30	-17.78	-10.73	-12.50
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%

Financials Breakdown Chart

Key Financial Trends

Datadog’s latest quarter shows a business that is still growing, still highly profitable on a cash-flow basis, and sitting on a very large liquidity cushion. Revenue continued to rise in Q1 2026, operating cash flow remained strong, and the balance sheet is solid. At the same time, operating profit was only modestly positive, and the company continues to spend heavily on marketing and R&D to support growth.

Revenue growth remains intact. Q1 2026 revenue was $1.01 billion, up from $953.2 million in Q4 2025 and $885.7 million in Q3 2025. That suggests Datadog is still expanding its top line at a healthy pace.
Gross profit dollars are rising steadily. Gross profit reached $797.2 million in Q1 2026, up from $766.3 million in Q4 2025 and $709.2 million in Q3 2025, showing the core business remains efficient.
Operating cash flow is strong. Datadog generated $334.6 million in operating cash flow in Q1 2026, compared with $327.1 million in Q4 2025 and $251.5 million in Q3 2025.
The company has a large liquidity position. As of Q1 2026, Datadog held $4.33 billion in short-term investments and $426 million in cash, for roughly $4.76 billion in liquid resources.
Balance sheet leverage looks manageable. Long-term debt was $984.5 million at Q1 2026, while total equity was $3.99 billion, which leaves the company in a relatively strong financial position.
Shareholder equity has climbed meaningfully over time. Total common equity increased from $2.92 billion in Q1 2025 to $3.99 billion in Q1 2026, reflecting continued retained value creation.
Deferred revenue remains a sizable part of liabilities. Current deferred revenue was $1.23 billion in Q1 2026, which supports near-term revenue visibility, but it also means a large amount of cash is tied to future service delivery.
Investing activity is still heavy. Datadog bought $1.30 billion of investments in Q1 2026 and also spent $45.5 million on capex, indicating it continues to keep significant capital working.
Operating income was only barely positive. Q1 2026 operating income was just $7.3 million on more than $1.0 billion of revenue, showing that operating expenses are still consuming most of the gross profit.
Marketing and R&D remain very large expense lines. In Q1 2026, marketing expense was $279.8 million and R&D expense was $435.3 million, highlighting how costly growth remains.

Longer-term trend: Datadog has come a long way from 2023, when it could still post quarterly operating losses. Since then, revenue has consistently moved higher, net income has improved, and cash generation has strengthened. The main takeaway for investors is that the business appears to be maturing, but profitability is still not as wide as the top-line growth would suggest.

Bottom line: Datadog looks financially healthy and continues to grow, but investors should watch whether operating leverage improves enough to turn its strong revenue growth into sustained operating margin expansion.

06/09/26 08:20 PM ETAI Generated. May Contain Errors.

Datadog Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Datadog's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Datadog's net income appears to be on an upward trend, with a most recent value of $107.74 million in 2025, falling from -$2.57 million in 2017. The previous period was $183.75 million in 2024. See Datadog's forecast for analyst expectations on what's next for the company.

Datadog's total operating income in 2025 was -$44.37 million, based on the following breakdown:

Total Gross Profit: $2.74 billion
Total Operating Expenses: $2.78 billion

Over the last 8 years, Datadog's total revenue changed from $100.76 million in 2017 to $3.43 billion in 2025, a change of 3,301.3%.

Datadog's total liabilities were at $2.91 billion at the end of 2025, a 5.2% decrease from 2024, and a 2,432.2% increase since 2018.

In the past 7 years, Datadog's cash and equivalents has ranged from $53.64 million in 2018 to $1.25 billion in 2024, and is currently $401.31 million as of their latest financial filing in 2025.

Over the last 8 years, Datadog's book value per share changed from 0.00 in 2017 to 10.64 in 2025, a change of 1,064.3%.

Related Companies

Financial statements for NASDAQ:DDOG last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Datadog (DDOG) Financials

Financials Breakdown Chart

Key Financial Trends

Datadog Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Datadog (DDOG) Financials

Annual Income Statements for Datadog

Quarterly Income Statements for Datadog

Annual Cash Flow Statements for Datadog

Quarterly Cash Flow Statements for Datadog

Annual Balance Sheets for Datadog

Quarterly Balance Sheets for Datadog

Annual Metrics And Ratios for Datadog

Quarterly Metrics And Ratios for Datadog

Financials Breakdown Chart

Key Financial Trends

Datadog Financials - Frequently Asked Questions

When does Datadog's fiscal year end?

How has Datadog's net income changed over the last 8 years?

What is Datadog's operating income?

How has Datadog's revenue changed over the last 8 years?

How much debt does Datadog have?

How much cash does Datadog have?

How has Datadog's book value per share changed over the last 8 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools