Loading
Sentiment · FY2026 Q2
Datadog posted Q1 FY2026 revenue of $1.01 billion, up 32% year-over-year and crossing the $1 billion quarterly milestone for the first time. Non-GAAP operating income reached $223 million at a 22% margin, with free cash flow of $289 million. FY2026 revenue guidance was raised significantly to $4.30 to $4.34 billion, a 5.88% midpoint increase, and EPS guidance to $2.36 to $2.44. Non-AI customer growth reaccelerated to mid-20s percent, and record new logo bookings more than doubled year-over-year.
Cloud & AI | Competitive Dynamics | Demand | Revenue Growth | Subscriber Growth | Innovation & R&D | Capex Investment | Margin | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 8 | 3 | 2 | 3 | 1 | 2 | 2 | 1 |
| 2025Q1 | 9 | 3 | 5 | 3 | 3 | 2 | 1 | 2 |
| 2025Q2 | 9 | 5 | 3 | 3 | 3 | 3 | 4 | 4 |
| 2025Q3 | 11 | 5 | 5 | 7 | 5 | 3 | 2 | 1 |
| 2025Q4 | 14 | 6 | 2 | 2 | 2 | 2 | 3 | 3 |
| 2026Q1 | 9 | 5 | 6 | 2 | 1 | 1 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Cloud & AI | 8 | 9 | 9 | 11 | 14 | 9 |
| Competitive Dynamics | 3 | 3 | 5 | 5 | 6 | 5 |
| Demand | 2 | 5 | 3 | 5 | 2 | 6 |
| Revenue Growth | 3 | 3 | 3 | 7 | 2 | 2 |
| Subscriber Growth | 1 | 3 | 3 | 5 | 2 | |
| Innovation & R&D | 2 | 2 | 3 | 3 | 2 | 1 |
| Capex Investment | 2 | 1 | 4 | 2 | 3 | 1 |
| Margin | 1 | 2 | 4 | 1 | 3 |
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Sanjit Singh | Morgan Stanley | 14 (0%) |
| Mark Murphy | JPMorgan | 12 (0%) |
| Raimo Lenschow | Barclays | 11 (0%) |
| Koji Ikeda | Bank of America | 7 (14%) |
| Mike Cikos | Needham | 6 (0%) |
| Jake Roberge | William Blair | 6 (0%) |
| Eric Heath | KeyBanc Capital Markets | 5 (0%) |
| Ittai Kidron | Oppenheimer | 5 (20%) |
| Karl Keirstead | UBS | 5 (0%) |
| Brent Thill | Jefferies | 5 (20%) |
| Firm | Analysts | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| JPMorgan | 2 | 14 (0%) |
| Morgan Stanley | 1 | 14 (0%) |
| Barclays | 1 | 11 (0%) |
| Goldman Sachs | 3 |
| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Gross margin | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $738M | +25.1% | $0.13 | -13.3% | 80.5% | 1.3% | 6.2% | $257M |
| FY2025 Q1 | $762M | +24.6% | $0.07 | -43.4% | 79.3% | -1.6% | 3.2% | $244M |
| FY2025 Q2 | $827M | +28.1% | $0.01 |
| 8 (0%) |
| Bank of America | 1 | 7 (14%) |
| William Blair | 1 | 6 (0%) |
| Needham | 1 | 6 (0%) |
| KeyBanc Capital Markets | 1 | 5 (0%) |
| -93.8% |
| 79.9% |
| -4.1% |
| 0.3% |
| $203M |
| FY2025 Q3 | $886M | +28.4% | $0.09 | -33.1% | 80.1% | -0.7% | 3.8% | $235M |
| FY2025 Q4 | $953M | +29.2% | $0.13 | 0.0% | 80.4% | 0.8% | 4.9% | $318M |
| FY2026 Q1 | $1.01B | +32.2% | $0.15 | +120.9% | 79.2% | 0.7% | 5.2% | $323M |
| FY2026 Q2 | $1.12B | +35.6% | $0.12 | — | 78.6% | 0.5% | 4.0% | $279M |
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
What DDOG and other companies said about each other on FY2026 Q1 earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“Google barely just started selling their TPUs to the outside.”
Datadog's CEO notes Google has only recently begun selling its TPUs externally, framing custom-silicon heterogeneity as a nascent, still-small market.
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
DDOG Datadog | 10 | +32.1% | |
| ADSK Autodesk | 10 | +19.8% | |
| AI C3.ai, Inc. | 1 | -46.1% | |
| APP Applovin Corp | 9 | +59.0% | |
| CDNS Cadence Design Systems | 9 | +18.7% | |
| CHYM Chime Financial, Inc. Class A Common Stock | 10 | +24.8% | |
| CRM Salesforce, Inc. | 9 | +12.1% | |
| FICO Fair Isaac | 9 | +38.7% | |
| FIG Figma, Inc. | 9 | +46.1% | |
| INTU Intuit | 9 | +17.4% | |
| MSTR MicroStrategy Inc. | 7 | +11.9% | |
| NOW ServiceNow | 7 | +22.1% | |
| PTC PTC Inc. | 9 | +21.7% | |
| SHOP Shopify | 8 | +34.3% | |
| SNOW Snowflake Inc. | 9 | +30.1% | |
| SOUN SoundHound AI, Inc. | 8 | +51.7% | |
| TEAM Atlassian | 7 | +31.7% | |
| TTD The Trade Desk, Inc. | 8 | +11.8% | |
| TYL Tyler Technologies | 8 | +8.6% | |
| U Unity Software Inc. | 9 | +16.8% | |
| UBER Uber | 8 | +14.5% | |
| WDAY Workday, Inc. | 7 | +14.5% |