Datadog Introduction
Datadog is a leading service for cloud-scale monitoring and analytics, providing full visibility into the performance of servers, databases, tools, and services through scalable, real-time analytics.
Note: Public company quarters & fiscal years are not the same as calendar years.
Here are how Datadog quarters map to calendar months:
| Period | Start Date | End Date |
|---|---|---|
| 2021 Q4 | 2021-10-01 | 2021-12-31 |
| 2022 Q1 | 2022-01-01 | 2022-03-31 |
| 2022 Q2 | 2022-04-01 | 2022-06-30 |
| 2022 Q3 | 2022-07-01 | 2022-09-30 |
| 2022 Q4 | 2022-10-01 | 2022-12-31 |
| 2023 Q1 | 2023-01-01 | 2023-03-31 |
| 2023 Q2 | 2023-04-01 | 2023-06-30 |
| 2023 Q3 | 2023-07-01 | 2023-09-30 |
| 2023 Q4 | 2023-10-01 | 2023-12-31 |
| 2024 Q1 | 2024-01-01 | 2024-03-31 |
Datadog Key Stats
- Datadog 2024 Q1 revenue was $611,253,000.
- This is a change of 27% year over year from 2023 Q1 revenue of $481,714,000
- Datadog 2024 Q1 costs of goods sold was $110,098,000
- Datadog 2024 Q1 gross profit was $501,155,000. (82.0%)
- Datadog 2024 Q1 operating profit was $11,996,000, which is a margin of 2.0%
Get more information from the investor relations site: Datadog Investor Relations
Datadog Gross Revenue
In 2024 Q1 Datadog generated $611,253,000 in gross revenue. This is a 27% change from 2023 Q1, and $2,247,998,000 over the last 12 months.
| Financial Quarter | Revenue |
|---|---|
| 2021 Q4 | $326,198,000 |
| 2022 Q1 | $363,030,000 |
| 2022 Q2 | $406,138,000 |
| 2022 Q3 | $436,533,000 |
| 2022 Q4 | $469,399,000 |
| 2023 Q1 | $481,714,000 |
| 2023 Q2 | $509,460,000 |
| 2023 Q3 | $547,536,000 |
| 2023 Q4 | $589,649,000 |
| 2024 Q1 | $611,253,000 |
Datadog Cost of Goods Sold (COGS)
In 2024 Q1 Datadog’s cost of goods sold (COGS) was $110,098,000. This is a 10% change from 2023 Q1. and was $429,392,000 over the last 12 months.
| Financial Quarter | Cost of Goods Sold (COGS) |
|---|---|
| 2021 Q4 | $67,149,000 |
| 2022 Q1 | $74,462,000 |
| 2022 Q2 | $81,925,000 |
| 2022 Q3 | $93,599,000 |
| 2022 Q4 | $96,757,000 |
| 2023 Q1 | $99,914,000 |
| 2023 Q2 | $101,846,000 |
| 2023 Q3 | $103,319,000 |
| 2023 Q4 | $104,829,000 |
| 2024 Q1 | $110,098,000 |
Datadog Gross Profit
In 2024 Q1 Datadog’s gross profit was $501,155,000. This is a 31% change from 2023 Q1. and was $1,818,606,000 over the last 12 months.
| Financial Quarter | Gross Profit | Gross Profit % |
|---|---|---|
| 2021 Q4 | $259,049,000 | 79.4% |
| 2022 Q1 | $288,568,000 | 79.5% |
| 2022 Q2 | $324,213,000 | 79.8% |
| 2022 Q3 | $342,934,000 | 78.6% |
| 2022 Q4 | $372,642,000 | 79.4% |
| 2023 Q1 | $381,800,000 | 79.3% |
| 2023 Q2 | $407,614,000 | 80.0% |
| 2023 Q3 | $444,217,000 | 81.1% |
| 2023 Q4 | $484,820,000 | 82.2% |
| 2024 Q1 | $501,155,000 | 82.0% |
Datadog Operating Profit
In 2024 Q1 Datadog generated $11,996,000 in operating profit. This is a significant improvement from 2023 Q1, and $52,698,000 over the last 12 months.
This is a profit margin of 2.0% in the last quarter.
| Financial Quarter | Operating Profit | Operating Profit % |
|---|---|---|
| 2021 Q4 | $8,455,000 | 2.6% |
| 2022 Q1 | $10,414,000 | 2.9% |
| 2022 Q2 | -$3,139,000 | -0.8% |
| 2022 Q3 | -$31,342,000 | -7.2% |
| 2022 Q4 | -$34,628,000 | -7.4% |
| 2023 Q1 | -$34,970,000 | -7.3% |
| 2023 Q2 | -$22,006,000 | -4.3% |
| 2023 Q3 | -$4,230,000 | -0.8% |
| 2023 Q4 | $27,742,000 | 4.7% |
| 2024 Q1 | $11,996,000 | 2.0% |
Datadog Overall Performance
Datadog has demonstrated strong growth in revenue, illustrating its robust demand despite operational challenges. The improved operating margins indicate effective cost management and operational efficiencies. The outlook appears promising as the company continues to innovate and expand its services.
