Quarterly ResultMay 7, 2026, 07:08 AM
Datadog Q1 Revenue +32% to $1,006M; Non-GAAP EPS $0.60
AI Summary
Datadog announced strong first quarter 2026 financial results, with revenue increasing 32% year-over-year to $1,006 million and non-GAAP diluted EPS of $0.60. The company also reported robust growth in larger customers and significant operating and free cash flow. Additionally, Datadog launched several new AI-powered products, appointed a new board member, and entered a strategic partnership with Sakana AI, while providing positive guidance for Q2 and full year 2026.
Key Highlights
- Q1 2026 revenue grew 32% year-over-year to $1,006 million.
- Q1 2026 non-GAAP operating income was $223 million, with a 22% margin.
- Q1 2026 non-GAAP net income per diluted share was $0.60.
- Customers with $100k+ ARR increased 21% to about 4,550.
- Operating cash flow was $335 million; free cash flow was $289 million.
- Launched MCP Server, Bits AI Security Agent, GPU Monitoring, and Experiments.
- Appointed Dominic Phillips to the Board of Directors.
- Forecasts Q2 2026 revenue between $1.07 billion and $1.08 billion.