Quarterly ResultMay 7, 2026, 05:22 PM
Datadog Q1 Revenue +32% to $1.01B; Net Income +113% to $52.6M
AI Summary
Datadog reported strong financial results for Q1 2026, with revenue increasing by 32.15% to $1.01 billion and net income more than doubling to $52.6 million. The company also saw a significant improvement in operating income, moving from a loss in the prior year to a profit. Additionally, Datadog completed its conversion to a Nevada corporation and made two minor acquisitions during the quarter.
Key Highlights
- Revenue increased 32.15% to $1,006.4 million in Q1 2026.
- Net income rose 113.35% to $52.6 million for Q1 2026.
- Diluted EPS grew 114.29% to $0.15 in Q1 2026.
- Operating income was $7.3 million in Q1 2026, up from a $12.4 million loss.
- Net cash from operating activities increased 23.23% to $334.6 million.
- Cash and cash equivalents were $426.4 million as of March 31, 2026.
- Company converted to a Nevada corporation on April 21, 2026.
- Completed two immaterial business acquisitions in Q1 2026.
Price Impact
More from DDOG