DDOG · Datadog, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $3.43B | $2.68B | $2.13B | $1.68B | $1.03B | $603.47M |
| Cost of Revenue | $686.96M | $515.53M | $409.91M | $346.74M | $234.25M | $130.20M |
| Gross Profit | $2.74B | $2.17B | $1.72B | $1.33B | $794.54M | $473.27M |
| R&D | $1.55B | $1.15B | $962.45M | $752.35M | $419.77M | $210.63M |
| SG&A | $279.70M | $205.15M | $180.19M | $139.41M | $94.43M | $62.76M |
| Total Operating Expenses | $2.78B | $2.11B | $1.75B | $1.39B | $813.70M | $487.04M |
| D&A | $49.20M | $48.50M | $35.60M | $27.00M | $18.50M | $14.50M |
| Operating Income | ($44.37M) | $54.28M | ($33.46M) | ($58.70M) | ($19.16M) | ($13.77M) |
| Interest Expense | $11.06M | $7.07M | $6.30M | $16.54M | $21.05M | $30.43M |
| Income Tax | $19.28M | $20.19M | $11.67M | $12.09M | $2.32M | $2.33M |
| Net Income | $107.74M | $183.75M | $48.57M | ($50.16M) | ($20.75M) | ($24.55M) |
| EPS - Basic | $0.31 | $0.55 | $0.15 | ($0.16) | ($0.08) | - |
| EPS - Diluted | $0.31 | $0.52 | $0.14 | ($0.16) | ($0.08) | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $401.31M | $1.25B | $330.34M | $338.99M | $270.97M | $224.93M |
| Accounts Receivable | $741.26M | $598.92M | $509.28M | $399.55M | $268.82M | $163.36M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $148.79M | $107.73M | $87.71M | $23.47M | $25.27M | $21.34M |
| Current Assets | $5.38B | $4.91B | $3.18B | $2.34B | $1.87B | $1.72B |
| Total Assets | $6.64B | $5.79B | $3.94B | $3.00B | $2.38B | $1.89B |
| Current Liabilities | $1.59B | $1.86B | $1.00B | $759.75M | $528.70M | $297.84M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $2.91B | $3.07B | $1.91B | $1.59B | $1.34B | $932.85M |
| Stockholders' Equity | $3.73B | $2.71B | $2.03B | $1.41B | $1.04B | $957.43M |
| Retained Earnings | $137.79M | $30.05M | ($153.70M) | ($202.27M) | ($152.11M) | ($148.16M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.05B | $870.60M | $659.95M | $418.41M | $286.55M | $109.09M |
| Investing Cash Flow | ($1.33B) | ($736.84M) | ($731.37M) | ($384.67M) | ($273.74M) | ($1.15B) |
| Financing Cash Flow | ($572.48M) | $787.08M | $58.28M | $36.02M | $34.94M | $670.28M |
| CapEx | $49.58M | $34.72M | $27.59M | $35.26M | $9.96M | $5.42M |
| Free Cash Flow | $1.00B | $835.88M | $632.37M | $383.15M | $276.59M | $103.68M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 80.0% | 80.8% | 80.7% | 79.3% | 77.2% | 78.4% |
| Operating margin | -1.3% | 2.0% | -1.6% | -3.5% | -1.9% | -2.3% |
| EBITDA margin | 0.1% | 3.8% | 0.1% | -1.9% | -0.1% | 0.1% |
| Net margin | 3.1% | 6.8% | 2.3% | -3.0% | -2.0% | -4.1% |
| Free cash flow margin | 29.2% | 31.1% | 29.7% | 22.9% | 26.9% | 17.2% |
| FCF / Net income | 9.29 | 4.55 | 13.02 | -7.64 | -13.33 | -4.22 |
| R&D / Revenue | 45.2% | 42.9% | 45.2% | 44.9% | 40.8% | 34.9% |
| SG&A / Revenue | 8.2% | 7.6% | 8.5% | 8.3% | 9.2% | 10.4% |
| Effective tax rate | 15.2% | 9.9% | 19.4% | - | - | - |
| Return on assets | 1.6% | 3.2% | 1.2% | -1.7% | -0.9% | -1.3% |
| Return on equity | 2.9% | 6.8% | 2.4% | -3.6% | -2.0% | -2.6% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 3.38 | 2.64 | 3.17 | 3.09 | 3.54 | 5.77 |
| Quick ratio | 3.38 | 2.64 | 3.17 | 3.09 | 3.54 | 5.77 |
| Cash ratio | 0.25 | 0.67 | 0.33 | 0.45 | 0.51 | 0.76 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -4.0x | 7.7x | -5.3x | -3.5x | -0.9x | -0.5x |
| Equity multiplier | 1.78 | 2.13 | 1.94 | 2.13 | 2.29 | 1.97 |
| Liabilities / Assets | 0.44 | 0.53 | 0.49 | 0.53 | 0.56 | 0.49 |
| Efficiency | ||||||
| Asset turnover | 0.52 | 0.46 | 0.54 | 0.56 | 0.43 | 0.32 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 79d | 81d | 87d | 87d | 95d | 99d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | 79d | 76d | 78d | 25d | 39d | 60d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 438.7x | 274.8x | 867.0x | - | - | - |
| P / B | 13.2x | 18.9x | 21.0x | 16.4x | 51.4x | - |
| P / S | 14.4x | 19.1x | 20.0x | 13.8x | 52.0x | - |
| EV / EBITDA | 10156.9x | 486.4x | 19751.0x | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 27.7% | 26.1% | 27.1% | 62.8% | 70.5% | 66.3% |
| Revenue CAGR (3y) | 26.9% | 37.7% | 52.2% | 66.5% | - | - |
| Revenue CAGR (5y) | 41.5% | 49.2% | - | - | - | - |
| Gross profit growth (YoY) | 26.3% | 26.2% | 29.4% | 67.2% | 67.9% | 72.8% |
| Operating income growth (YoY) | - | - | 43.0% | -206.4% | -39.1% | -365.9% |
| Net income growth (YoY) | -41.4% | 278.3% | - | -141.8% | 15.5% | -855.1% |
| EPS growth (YoY) | -40.4% | 271.4% | - | -100.0% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | 19.7% | 32.2% | 65.0% | 38.5% | 166.8% | 19953.4% |
| FCF CAGR (5y) | 57.4% | 338.3% | - | - | - | - |
| Book value growth (YoY) | 37.5% | 34.0% | 43.6% | 35.5% | 8.7% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Geographic
$5.75B totalNorth America$2.43B · 42.3%
US$2.32B · 40.4%
International$994.08M · 17.3%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.46
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Datadog against the 5 most active filers in the same SIC group.