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DDOG · Datadog

21 filings

10-Q

DDOG 10-Q Quarterly Reports

Datadog - 21 quarterly reports

Filing record · 2019–202610-K710-Q218-K44

2026-Q2
Datadog Quarterly Report for Q2 Ended Jun 30, 2026
Datadog, Inc. (DDOG) reported robust financial performance for the six months ended June 30, 2026. Revenue grew by 34% year-over-year to $2.1 billion, driven by strong expansion from existing customers (75% of growth) and new customer acquisition (25% of growth). The company achieved profitability, with net income of $97.1 million for the period, a significant increase from $27.3 million in the prior year. Operating cash flow remained strong at $650.5 million, and free cash flow reached $567.8 million. The balance sheet is healthy, with $435.0 million in cash and cash equivalents and $4.6 billion in marketable securities, providing ample liquidity for the next 12 months and beyond. However, investors should note management's commentary about a potential deceleration in revenue growth due to reduced usage from their largest customer starting in Q3 2026. Additionally, despite increased revenue, gross margin saw a slight decrease due to higher cloud infrastructure costs.
Aug 6, 2026
2026-Q1
Datadog Quarterly Report for Q1 Ended Mar 31, 2026
Datadog, Inc. reported strong growth in its first quarter of 2026, with revenue increasing 32% year-over-year to $1.01 billion. This growth was driven by both new customer acquisition and significant expansion within its existing customer base. The company demonstrated robust profitability, achieving a net income of $52.6 million, a substantial increase from the prior year's $24.6 million. Operating cash flow also saw a healthy increase, underscoring the company's strong financial performance and operational efficiency. Financially, Datadog maintains a solid liquidity position with over $4.7 billion in cash and marketable securities as of March 31, 2026. The company's balance sheet reflects continued investment in property and equipment, alongside a growing goodwill balance due to acquisitions. The expansion of its platform, with customers increasingly adopting multiple products, along with a strong dollar-based net retention rate, indicates healthy customer engagement and confidence in Datadog's offerings.
May 7, 2026
2025-Q3
Datadog Quarterly Report for Q3 Ended Sep 30, 2025
Datadog, Inc. reported strong revenue growth for the nine months ended September 30, 2025, with revenue reaching $2.47 billion, a 27% increase year-over-year. This growth was primarily driven by existing customers (80% of the increase) and new customer acquisition (20%). While revenue increased, the company experienced an operating loss of $53.7 million for the nine-month period, compared to an operating income of $44.9 million in the prior year. Net income for the nine months ended September 30, 2025, was $61.2 million, a decrease from $138.2 million in the same period of 2024. The company maintained a healthy cash position with $540.6 million in cash and cash equivalents and $3.6 billion in marketable securities as of September 30, 2025. Free cash flow also showed a positive trend, increasing to $623.7 million for the nine months ended September 30, 2025, up from $534.1 million in the prior year. Significant investments in research and development (R&D) and sales and marketing continue to be a focus, with R&D expenses increasing by 35% and sales and marketing by 26% year-over-year for the nine-month period. The company also noted a strategic shift in the useful life of capitalized software development costs, extending it from two to three years, which impacted depreciation. Acquisitions during the period, while not individually material, contributed to an increase in goodwill. The company is managing its debt effectively, with the 2025 Convertible Senior Notes having matured and been converted, while the 2029 Notes remain a long-term liability.
Nov 7, 2025
2025-Q2
Datadog Quarterly Report for Q2 Ended Jun 30, 2025
Datadog, Inc.'s second-quarter 2025 results show continued revenue growth, with a 28% year-over-year increase to $826.8 million, driven by both new and existing customers. The company's land-and-expand strategy continues to prove effective, evidenced by a strong dollar-based net retention rate of approximately 120%. Despite robust revenue growth, Datadog reported a net income of $2.6 million for the quarter, a significant decrease from $43.8 million in the prior year, primarily due to increased operating expenses, particularly in research and development (up 41%) and general and administrative costs (up 47%). This investment in growth and infrastructure is also reflected in the year-to-date net income, which stands at $27.3 million compared to $86.5 million in the first half of 2024. Financially, Datadog maintains a strong liquidity position with $489 million in cash and cash equivalents and $3.4 billion in marketable securities. The company also saw positive operating cash flow of $471.6 million for the first six months of the year. The successful conversion of the 2025 Convertible Senior Notes was completed, and the company is managing its debt structure with the 2029 Convertible Senior Notes. Investors should monitor expense growth relative to revenue, especially in R&D and G&A, as the company continues to invest in its platform and expand its market reach.
Aug 8, 2025
2025-Q1
Datadog Quarterly Report for Q1 Ended Mar 31, 2025
Datadog, Inc. (DDOG) reported its first-quarter 2025 results, demonstrating continued strong revenue growth and expanding customer adoption. Total revenue reached $761.6 million, a 25% increase year-over-year, driven by both new customer acquisition and expansion within the existing customer base. The company highlighted robust growth in customers with Annual Recurring Revenue (ARR) of $100,000 or more, and a dollar-based net retention rate in the high 110s, indicating successful upselling and cross-selling. While the company is investing heavily in research and development and sales and marketing, leading to an increase in operating expenses, it has also seen significant growth in operating cash flow. The balance sheet remains strong with substantial cash and marketable securities. A key upcoming event is the maturity of its 2025 Convertible Senior Notes in June 2025, which the company plans to settle through a combination of cash and stock.
May 7, 2025
2024-Q3
Datadog Quarterly Report for Q3 Ended Sep 30, 2024
Datadog, Inc. reported strong financial results for the third quarter of 2024, demonstrating continued growth and profitability. Revenue for the quarter reached $690.0 million, a 26% increase year-over-year, driven by both new customer acquisition and expansion within the existing customer base. The company achieved a net income of $51.7 million, a significant improvement from the prior year's comparable quarter. Key financial strengths include a robust balance sheet with substantial cash and marketable securities totaling approximately $3.2 billion as of September 30, 2024. Operating cash flow remained strong, indicating efficient cash generation from its core business. The company continues to invest in research and development and sales and marketing, reflecting its commitment to innovation and market expansion, while managing operating expenses effectively.
Nov 8, 2024
2024-Q2
Datadog Quarterly Report for Q2 Ended Jun 30, 2024
Datadog, Inc. reported strong financial performance in its Q2 2024 10-Q filing, with revenues reaching $645.3 million for the quarter, a 27% increase year-over-year. This growth was driven by both new customer acquisition and, more significantly, expansion within its existing customer base, with approximately 75% of revenue growth coming from existing clients. The company demonstrated a healthy gross margin of 81% and a significant increase in operating income, shifting from a loss in the prior year's comparable quarter to a $12.6 million operating income. Net income also turned positive, reaching $43.8 million. Furthermore, Datadog generated substantial operating cash flow of $376.7 million for the first six months of the year, leading to a free cash flow of $330.5 million, indicating strong operational efficiency and financial health. The company maintains a robust liquidity position with $411.0 million in cash and cash equivalents and $2.5 billion in marketable securities as of June 30, 2024.
Aug 9, 2024
2024-Q1
Datadog Quarterly Report for Q1 Ended Mar 31, 2024
Datadog, Inc. reported strong performance for the first quarter of 2024, with revenue growing 27% year-over-year to $611.3 million. This growth was driven by both new customer acquisition and expansion within the existing customer base. The company demonstrated significant improvements in profitability and cash flow, with net income of $42.6 million compared to a net loss of $24.1 million in the prior year period. Operating cash flow surged to $212.3 million, and free cash flow reached $186.7 million, highlighting robust operational efficiency. The company's balance sheet remains strong, with $282.2 million in cash and cash equivalents and $2.5 billion in marketable securities as of March 31, 2024. While the dollar-based net retention rate saw a slight decline year-over-year, it remains strong at in the mid-110% range, indicating continued expansion within its existing customer base. The company continues to invest in innovation and product development, with R&D expenses increasing 18% year-over-year.
May 8, 2024
2023-Q3
Datadog Quarterly Report for Q3 Ended Sep 30, 2023
Datadog, Inc. (DDOG) reported solid top-line growth in its third quarter of 2023, with revenue increasing by 25% year-over-year to $547.5 million. This growth was driven by both new customer acquisition and significant expansion within its existing customer base, evidenced by a strong dollar-based net retention rate slightly below 120%. The company also demonstrated improved profitability and cash flow generation, with a reported net income of $22.6 million for the quarter, a significant turnaround from a net loss in the prior year. Operating expenses grew at a slower pace than revenue, leading to a positive operating income and a gross margin of 81% for the quarter. Financially, Datadog maintains a robust liquidity position with $2.1 billion in marketable securities and $261.3 million in cash and cash equivalents as of September 30, 2023. Free cash flow for the first nine months of the year was $396.3 million, underscoring the company's ability to generate cash from its operations. While the company continues to invest in research and development and sales and marketing to fuel future growth, the pace of expense growth is moderating relative to revenue, suggesting a path towards sustained profitability. The company's ability to expand its platform's product adoption across its customer base remains a key driver for future growth and retention.
Nov 7, 2023
2023-Q2
Datadog Quarterly Report for Q2 Ended Jun 30, 2023
Datadog, Inc.'s (DDOG) Q2 2023 filing shows a continued revenue growth trend, with a 25% year-over-year increase in the second quarter to $509.5 million, and a 29% increase for the first six months of the year to $991.2 million. This growth is being fueled by both new customer acquisition and expansion within the existing customer base, as evidenced by a strong dollar-based net retention rate above 120%. The company is investing heavily in Research and Development (R&D) and Sales and Marketing (S&M) to support this growth and maintain its technology leadership. Despite revenue growth, the company reported a net loss for the quarter ($4.0 million) and year-to-date ($28.1 million), a reversal from the prior year's net income. This is largely due to increased operating expenses, particularly in R&D and S&M, driven by higher personnel costs associated with headcount expansion. However, operating cash flow remains robust, increasing to $286.9 million for the first six months of the year, and the company maintains a strong liquidity position with $291.3 million in cash and cash equivalents and $1.9 billion in marketable securities. Investors should monitor the company's ability to translate these investments into sustainable profitability.
Aug 9, 2023
2023-Q1
Datadog Quarterly Report for Q1 Ended Mar 31, 2023
Datadog, Inc. reported revenue of $481.7 million for the first quarter of 2023, a 33% increase year-over-year. While the company experienced revenue growth, it also posted a net loss of $24.1 million for the quarter, a significant shift from the $9.7 million net income reported in the same period last year. This net loss was primarily driven by increased operating expenses, particularly in research and development (up 52%) and sales and marketing (up 43%), as the company continued to invest in growth. Despite the net loss, Datadog maintained a strong cash position with $222.5 million in cash and cash equivalents and $1.8 billion in marketable securities as of March 31, 2023. Operating cash flow remained solid at $133.8 million, though slightly down from the prior year. The company highlighted its land-and-expand business model, with a dollar-based net retention rate above 130% and continued growth in customers with Annual Recurring Revenue (ARR) of $100,000 or more. Investments in product development and international expansion are key strategic priorities.
May 5, 2023
2022-Q3
Datadog Quarterly Report for Q3 Ended Sep 30, 2022
Datadog, Inc. reported strong revenue growth in its third-quarter 2022 results, with revenue increasing by 61% year-over-year for the three months ended September 30, 2022, reaching $436.5 million. This growth was primarily driven by expansion within its existing customer base, which contributed approximately 80% of the increase, with new customer acquisition accounting for the remaining 20%. The company also saw an improvement in gross margin, which rose to 79% from 77% in the prior year's comparable period, indicating improved operational efficiency or cost management. Despite the robust revenue growth and margin expansion, Datadog continued to report a net loss, with a loss of $26.0 million for the quarter, compared to a loss of $5.5 million in the same period last year. This widening net loss is attributed to significant increases in operating expenses, particularly in Research and Development (up 82%) and Sales and Marketing (up 71%), as the company continues to invest heavily in product innovation, platform expansion, and go-to-market strategies to fuel future growth. However, operating cash flow remained strong, with $304.0 million generated in the first nine months of 2022.
Nov 4, 2022
2022-Q2
Datadog Quarterly Report for Q2 Ended Jun 30, 2022
Datadog, Inc. (DDOG) reported strong revenue growth of 74% year-over-year for the second quarter of 2022, reaching $406.1 million. This growth was driven by both new customer acquisition and significant expansion within the existing customer base, with a dollar-based net retention rate above 130%. The company's strategic focus on innovation and expanding its platform capabilities, including the introduction of new products and features, continues to drive customer adoption and platform expansion. While the company reported a net loss of $4.9 million for the quarter, this was an improvement from the $9.4 million net loss in the same period last year. The company generated positive operating cash flow of $220.3 million for the first six months of 2022, indicating a healthy cash generation capacity. The balance sheet remains strong with $238.9 million in cash and cash equivalents and $1.5 billion in marketable securities as of June 30, 2022, suggesting ample liquidity to support ongoing operations and future growth initiatives.
Aug 8, 2022
2022-Q1
Datadog Quarterly Report for Q1 Ended Mar 31, 2022
Datadog, Inc. reported strong financial performance for the quarter ending March 31, 2022, with revenue growth of 83% year-over-year, reaching $363.0 million. This growth was primarily driven by existing customers (approximately 80% of the increase), indicating successful customer retention and expansion. The company achieved profitability with a net income of $9.7 million, a significant improvement from a net loss of $13.1 million in the prior year quarter. Operating cash flow also showed substantial improvement, increasing to $147.4 million from $51.7 million. Key financial strengths include a robust cash position of $271.7 million and marketable securities totaling $1.4 billion. The company maintained a healthy dollar-based net retention rate above 130%, underscoring its effective land-and-expand business model. Despite significant investments in R&D and sales & marketing to fuel continued innovation and growth, Datadog demonstrated improved operating leverage, as indicated by a decrease in Operating Expenses as a percentage of revenue (77% vs. 83% in the prior year quarter) and an expansion in gross margin (79% vs. 76%).
May 6, 2022
2021-Q3
Datadog Quarterly Report for Q3 Ended Sep 30, 2021
Datadog, Inc.'s (DDOG) Q3 2021 filing shows robust top-line growth with revenue increasing by 75% year-over-year to $270.5 million for the three months ended September 30, 2021. This growth was driven by both new customer acquisition and expansion within the existing customer base, as indicated by a dollar-based net retention rate above 130%. The company continues to invest heavily in research and development (R&D), which increased by 100% year-over-year, reflecting a commitment to innovation and platform expansion. While revenue growth is strong, the company reported a net loss of $5.5 million for the quarter, an improvement from the $15.2 million net loss in the prior year's quarter. This was accompanied by an increase in cost of revenue and operating expenses, largely due to increased headcount and investments in cloud infrastructure. Despite the net loss, operating cash flow remained strong at $170.8 million for the nine months ended September 30, 2021, and the company ended the period with a healthy cash and marketable securities balance of $1.47 billion, indicating good liquidity.
Nov 5, 2021
2021-Q2
Datadog Quarterly Report for Q2 Ended Jun 30, 2021
Datadog, Inc. reported strong revenue growth in the second quarter and first half of 2021, demonstrating continued demand for its observability platform. Revenue increased by 67% year-over-year for the quarter to $233.5 million and by 59% for the first half to $432.1 million. This growth was driven by both new customer acquisition and, significantly, expansion within the existing customer base, evidenced by a dollar-based net retention rate above 130% and a growing number of customers with Annual Recurring Revenue (ARR) of $100,000 or more. Despite revenue growth, the company experienced a net loss of $9.4 million for the quarter and a $22.4 million net loss for the first half, compared to a net income of $0.3 million and $6.8 million in the prior year periods, respectively. This shift is largely due to significant investments in Research and Development (R&D) and Sales & Marketing, with R&D expenses nearly doubling year-over-year for both periods, reflecting the company's commitment to innovation and platform expansion. While gross margin saw a slight decrease due to increased cloud infrastructure costs, the company maintained robust operating cash flow of $103.4 million for the first half, indicating healthy underlying business operations.
Aug 6, 2021
2021-Q1
Datadog Quarterly Report for Q1 Ended Mar 31, 2021
Datadog, Inc. reported revenue of $198.5 million for the first quarter of 2021, a 51% increase year-over-year, demonstrating strong growth driven by both new and existing customers. Despite robust revenue expansion, the company incurred a net loss of $13.1 million for the quarter, a shift from the $6.5 million net income in the prior year's first quarter. This change was influenced by significant increases in operating expenses, particularly in research and development (up 94%) and cost of revenue (up 76%), which impacted gross margin. The company ended the quarter with a strong liquidity position, holding $369.7 million in cash and cash equivalents and $1.18 billion in marketable securities. Operating cash flow remained positive at $51.7 million, and free cash flow was $44.5 million, indicating healthy cash generation capabilities to support ongoing operations and investments. Datadog continues to expand its customer base, reaching approximately 15,200 customers by the end of Q1 2021, up from 11,500 a year prior, and also saw growth in customers with an Annual Recurring Revenue (ARR) of $100,000 or more, reaching 1,437. The dollar-based net retention rate remained above 130%, highlighting strong customer loyalty and expansion within the existing base.
May 7, 2021
2020-Q3
Datadog Quarterly Report for Q3 Ended Sep 30, 2020
Datadog's Q3 2020 10-Q shows a company growing very fast while still operating at a small loss, now with a much larger balance sheet after a June 2020 convertible note offering. Revenue for the quarter was $154.7 million, up 61% year over year from $95.9 million, and nine-month revenue was $425.9 million, up 71%. Gross margin expanded to 78% in the quarter (79% for nine months), but operating expenses grew quickly, so operating loss was $(9.3) million for the quarter and net loss was $(15.2) million, including $12.4 million of interest expense on the 2025 notes. Management reports about 13,100 customers (up from about 9,500), 1,107 customers with ARR of $100,000 or more (77% of ARR), and a dollar-based net retention rate above 130%. The balance sheet and cash flow picture is stronger than the income statement. Total cash, equivalents and marketable securities were roughly $1.5 billion at September 30, 2020, after the issuance of $747.5 million of 0.125% convertible senior notes due 2025 (net proceeds about $730.2 million). Operating cash flow for the nine months was $85.3 million and free cash flow was $66.6 million, versus negative free cash flow a year earlier. Remaining performance obligations rose to $316.3 million, and deferred revenue to $166.5 million. Stock-based compensation rose sharply to $49.6 million for the nine months, and unrecognized compensation cost stands at $227.2 million for RSUs and restricted stock. Key risks flagged in the filing include COVID-19's effect on usage growth (the company said it saw some impact to usage growth from existing customers in Q2), competition from cloud providers and larger vendors, dependence on third-party cloud hosting (with new purchase commitments totaling $97.7 million), heavy concentration of voting power in Class B shares (about 83% of voting power), and the loss of emerging growth company status effective December 31, 2020. Management states that existing cash and cash flow are sufficient for at least the next 12 months.
Nov 12, 2020
2020-Q2
Datadog Quarterly Report for Q2 Ended Jun 30, 2020
Datadog's 10-Q for the quarter ended June 30, 2020 shows a business growing very quickly and reaching GAAP profitability on a half-year basis. Q2 2020 revenue was $140.0M, up 68% year over year, and six-month revenue was $271.3M, up 77%. Gross margin expanded to 79% in the quarter (80% for the six months) from 75% a year earlier, helped by cloud hosting cost savings. Operating income was $0.7M in the quarter, versus a $4.0M loss in Q2 2019, and net income was $0.3M. For the six months, net income was $6.8M versus a $13.4M loss. The company reports about 12,100 customers, up from 8,800, and customers with ARR of $100K or more rose to 1,015 from 594, representing 76% of ARR. The dollar-based net retention rate remained above 130%. The balance sheet and cash flows changed materially in June 2020, when Datadog issued $747.5M of 0.125% convertible senior notes due 2025 (net proceeds about $730.2M) and bought $89.6M of capped calls. Cash, cash equivalents and marketable securities total about $1.47B, with cash and equivalents of $206.2M and marketable securities of $1,259.6M. Operating cash flow was $49.0M and free cash flow was $37.9M for the six months, compared with $(6.4)M a year earlier. The company stated that it expects to settle note principal in cash. Interest expense on the notes is non-cash in large part, because the debt discount is amortized, which is why reported net income is modest compared with operating economics. Key risks for investors include the COVID-19 pandemic, which management says has slowed the rate of usage growth for some customers; heavy operating expense growth, with R&D up 85% and S&M up 46% for the six months; the loss of emerging growth company status effective December 31, 2020; and the 86% voting control held by Class B shareholders. Remaining performance obligations were $286.7M, and management expects most of them to be recognized over the next 24 months.
Aug 7, 2020
2020-Q1
Datadog Quarterly Report for Q1 Ended Mar 31, 2020
Datadog's first quarter 2020 10-Q, filed May 12, 2020, shows a business growing very quickly and reaching GAAP profitability in the period. Revenue was $131.2 million, up 87% year over year from $70.1 million. Gross margin expanded to 80% from 73%, and operating income swung to $3.8 million from a $9.7 million loss. Net income was $6.5 million, compared with a net loss of $9.5 million a year earlier. Operating cash flow was $24.3 million and free cash flow was $19.3 million, versus negative free cash flow of $0.9 million in Q1 2019. Customer metrics also point to strong expansion: about 11,500 customers, 960 customers with ARR of $100,000 or more (up from 508), and roughly 60% of customers using more than one product (up from about 30%). The balance sheet is strong. Cash, cash equivalents and restricted cash totaled $198.2 million, and marketable securities were $600.4 million, after the company moved about $427 million into securities during the quarter. Deferred revenue was $145.2 million and remaining performance obligations were $256.1 million, which supports revenue visibility. Opex grew quickly, with R&D up 79%, sales and marketing up 50%, and G&A up 91%, though operating expenses fell to 77% of revenue from 87%. Stock-based compensation rose to $12.1 million from $2.4 million, and the company still carries a large accumulated deficit of $117.1 million and a full valuation allowance on deferred tax assets. The filing also highlights risks from COVID-19. Datadog moved to a fully remote workforce, suspended non-essential travel, and cancelled in-person events. Management said the pandemic's full impact cannot yet be predicted, though the subscription model may delay its effects on reported results. Investors should also note the dual-class structure, under which Class B holders control about 90% of the voting power. The company is an emerging growth company, and Q1 results reflect a single quarter that may not be indicative of the full year, given seasonality in new bookings.
May 12, 2020
2019-Q3
Datadog Quarterly Report for Q3 Ended Sep 30, 2019
Datadog's first 10-Q, filed after its September 2019 IPO, shows a company growing revenue very quickly while remaining loss-making, with a much larger balance sheet following the offering. Revenue for the third quarter of 2019 was $95.9 million, up 88% year over year from $51.1 million, and nine-month revenue was $249.1 million, up 83%. Gross margin held roughly flat at 76% in the quarter, though it fell to 75% for the nine months from 78% as third-party cloud hosting costs rose. Operating loss narrowed to $(4.2) million in the quarter from $(4.6) million a year earlier, but the nine-month operating loss widened to $(17.9) million from $(4.4) million, and net loss for the nine months was $(17.6) million. The IPO closed on September 23, 2019 at $27.00 per share, with net proceeds of $705.9 million after underwriting discounts and offering expenses (including the over-allotment option). Cash, cash equivalents and restricted cash rose to $770.9 million at quarter-end from $64.98 million at December 31, 2018. Operating cash flow was positive at $6.8 million for the nine months, but free cash flow was negative at $(10.1) million after capital expenditures and capitalized software. Deferred revenue of $121.8 million and remaining performance obligations of $206.4 million indicate good forward visibility, and the company reported approximately 9,500 customers and 727 customers with ARR of $100,000 or more, up from 377 a year earlier. Investors should weigh the strong growth and balance-sheet strength against several items. The company is an emerging growth company with a dual-class structure in which Class B holders control about 99% of the votes, and the cloud hosting commitments (including a $37.5 million GCP agreement and a $225 million agreement entered in 2019) create fixed spending obligations. The filing also flags heavy reliance on third-party cloud providers, competition from cloud-native monitoring tools, and lock-up expirations, with an early release possible from December 17, 2019 if share price conditions are met.
Nov 13, 2019