Datadog, Inc. (DDOG) Earnings History

Datadog, Inc. - Q4 FY2025 EarningsBeat

Filed at: Feb 10, 2026, 7:11 AM EST|Read from source

EXECUTIVE SUMMARY

Datadog reported strong revenue growth driven by an increase in large customers and new product launches. The company demonstrated robust operating cash flow and free cash flow, alongside continued investment in innovation and product development.

POSITIVE HIGHLIGHTS

  • •

    Fourth quarter revenue grew 29% year-over-year to $953 million.

    positive
  • •

    Fiscal year 2025 revenue increased 28% year-over-year to $3.43 billion.

    positive
  • •

    Number of customers with ARR of $1 million or more increased 31% to 603.

    positive
  • •

    Operating cash flow for FY2025 was $1,050 million, and free cash flow was $915 million.

    positive
  • •

    Launched new products including Bits AI SRE Agent, Storage Management, Feature Flags, and Data Observability.

    positive

CONCERNS & RISKS

  • •

    GAAP operating margin for Q4 FY2025 was 1%, down from 2% in the prior year quarter.

    attention
  • •

    GAAP operating margin for FY2025 was -1%, a decrease from 2% in FY2024.

    negative
  • •

    Non-GAAP operating margin for Q4 FY2025 was 24%, down from 24% in the prior year quarter, indicating flat performance.

    attention
  • •

    Non-GAAP operating margin for FY2025 was 22%, down from 25% in FY2024.

    attention
  • •

    Q1 2026 revenue guidance is between $951 million and $961 million, representing a slight sequential decrease from Q4 2025 revenue of $953 million.

    attention

FINANCIAL METRICS

Revenue
Quarterly
$953.19B
+29.0%
Prior year: $737.73B
Annual (YTD)
$3427.16B
N/A
Prior year: $2684.28B
Net Income
Quarterly
$46.57B
+2.1%
Prior year: $45.59B
Annual (YTD)
$107.74B
N/A
Prior year: $183.75B
EPS (Diluted)
Quarterly
$0.13
0.0%
Prior year: $0.13
Operating Income
Quarterly
$9.36B
-0.4%
Prior year: $9.39B
Annual (YTD)
$-44.37B
N/A
Prior year: $54.28B
EPS (Basic)
Quarterly
N/A
N/A

MARGIN ANALYSIS

Gross Margin
Current Quarter
80.0%
Prior Year
80.0%
YoY Change
0 bps
Operating Margin
Current Quarter
1.0%
Prior Year
1.0%
YoY Change
0 bps
Net Margin
Current Quarter
4.9%
Prior Year
6.2%
YoY Change
-130 bps

Margin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.

MANAGEMENT GUIDANCE

FY2026

revenue
$4060000000.0B—$4100000000.0B
Mid-point: $4080000000.0B
non-GAAP operating income
840,000,000,000—880,000,000,000
Mid-point: 860,000,000,000
non-GAAP net income per share
$2.08—$2.16
Mid-point: $2.12

Q1 2026

revenue
$951000000.0B—$961000000.0B
Mid-point: $956000000.0B
non-GAAP operating income
195,000,000,000—205,000,000,000
Mid-point: 200,000,000,000
non-GAAP net income per share
$0.49—$0.51
Mid-point: $0.50

Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.

EARNINGS CALL —

Call date
2026-02-10
Tone
N/A
Hedge density
N/A
Deflection rate
N/A
View transcript Accession: 0001628280-26-006645

CALL GUIDANCE — Q4 FY2025 2025

MetricValuePeriodSpecificityvs Prior
revenue951 to $961 millionQ1 2026——
non-GAAP operating income195 to $25 millionQ1 2026——
non-GAAP net income per share49 to 51 centsQ1 2026——
revenue4.06 to 4.10 billionFY2026——
non-GAAP operating income840 to $880 millionFY2026——
non-GAAP net income per share$2.08 to $2.16FY2026——

MANAGEMENT COMMENTARY

Pleased with strong execution in fiscal year 2025, with 28% year-over-year revenue growth, $1,050 million in operating cash flow, and $915 million in free cash flow.

— Datadog, Inc., Q4 FY2025 2025 Earnings Call

Delivered over 400 new features and capabilities in 2025 to help customers migrate to the cloud and deploy next-gen AI.

— Datadog, Inc., Q4 FY2025 2025 Earnings Call

Excited about plans for 2026 to deliver more AI-powered innovation and help customers with complex challenges.

— Datadog, Inc., Q4 FY2025 2025 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Customers With Arr 100k Plus
4.3K
+19.0% YoY
Prior year: 3.6K
customers
Customers With Arr 1m Plus
603
+31.0% YoY
Prior year: 462
customers

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.

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