Datadog (DDOG) financial statements
Datadog reported revenue of $3.4B in fiscal 2025, up 55.4% a year over 8 years.
Net income was $108M and the operating margin -1.3%, against -2.9% in 2017.
Free cash flow was $915M.
The diluted share count rose 496% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Datadog's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $101M | $198M | $363M | $603M | $1.0B | $1.7B | $2.1B | $2.7B | $3.4B |
| Cost of revenue | $23M | $47M | $89M | $130M | $234M | $347M | $410M | $516M | $687M |
| Gross profit | $77M | $152M | $274M | $473M | $795M | $1.3B | $1.7B | $2.2B | $2.7B |
| Research and development | $25M | $55M | $111M | $211M | $420M | $752M | $962M | $1.2B | $1.5B |
| Selling, general and admin | $56M | $107M | $183M | $276M | $394M | $635M | $789M | $962M | $1.2B |
| Operating income | -$3M | -$11M | -$20M | -$14M | -$19M | -$59M | -$33M | $54M | -$44M |
| Interest expense | — | — | $32,000 | $30M | $21M | $17M | $6M | $7M | $11M |
| Pre-tax income | -$2M | -$10M | -$16M | -$22M | -$18M | -$38M | $60M | $204M | $127M |
| Income tax | $457,000 | $522,000 | $734,000 | $2M | $2M | $12M | $12M | $20M | $19M |
| Net income | -$3M | -$11M | -$17M | -$25M | -$21M | -$50M | $49M | $184M | $108M |
| EPS (diluted) | -$0.04 | -$0.15 | -$0.12 | -$0.08 | -$0.07 | -$0.16 | $0.14 | $0.52 | $0.31 |
| Diluted shares | 61M | 71M | 140M | 300M | 309M | 315M | 350M | 359M | 363M |
| Gross margin | 76.8% | 76.5% | 75.5% | 78.4% | 77.2% | 79.3% | 80.7% | 80.8% | 80.0% |
| Operating margin | -2.9% | -5.6% | -5.6% | -2.3% | -1.9% | -3.5% | -1.6% | 2.0% | -1.3% |
| Net margin | -2.6% | -5.4% | -4.6% | -4.1% | -2.0% | -3.0% | 2.3% | 6.8% | 3.1% |
Balance sheet
Fiscal years, from Datadog's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $60M | $54M | $774M | $1.5B | $1.6B | $1.9B | $2.6B | $4.2B | $4.5B |
| Receivables | — | $56M | $102M | $163M | $269M | $400M | $509M | $599M | $741M |
| Total current assets | — | $122M | $904M | $1.7B | $1.9B | $2.3B | $3.2B | $4.9B | $5.4B |
| Property, plant and equipment | — | $22M | $33M | $47M | $75M | $125M | $172M | $227M | $338M |
| Goodwill | $6M | $8M | $9M | $18M | $292M | $348M | $353M | $360M | $531M |
| Total assets | — | $180M | $1.0B | $1.9B | $2.4B | $3.0B | $3.9B | $5.8B | $6.6B |
| Total current liabilities | — | $112M | $200M | $298M | $529M | $760M | $1.0B | $1.9B | $1.6B |
| Total liabilities | — | $115M | $256M | $933M | $1.3B | $1.6B | $1.9B | $3.1B | $2.9B |
| Shareholders' equity | -$76M | -$76M | $782M | $957M | $1.0B | $1.4B | $2.0B | $2.7B | $3.7B |
| Net debt | -$60M | -$54M | -$597M | -$225M | -$271M | -$339M | -$330M | -$1.2B | -$401M |
Cash flow
Fiscal years, from Datadog's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $14M | $11M | $24M | $109M | $287M | $418M | $660M | $871M | $1.1B |
| Capital spending | $8M | $16M | $23M | $26M | $36M | $65M | $62M | $96M | $135M |
| Free cash flow | $6M | -$5M | $791,000 | $83M | $251M | $354M | $598M | $775M | $915M |
| Stock-based compensation | $3M | $5M | $19M | $74M | $164M | $363M | $482M | $570M | $751M |
| Free cash flow margin | 6.0% | -2.5% | 0.2% | 13.8% | 24.4% | 21.1% | 28.1% | 28.9% | 26.7% |
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Open DDOG in InvestinglyQuestions
What was Datadog's revenue in 2025?
$3.4B in fiscal 2025, from its 10-K filing.
How much free cash flow does Datadog generate?
$915M in fiscal 2025 (operating cash flow minus capital spending).
From Datadog's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.