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Datadog is the AI-powered observability and security platform for cloud applications. Our SaaS platform integrates and automates infrastructure monitoring, application performance monitoring, log management, user experience monitoring, cloud security, service management, and many other capabilities to provide unified, real-time observability and security for our customers entire technology stack.
$247.35
+$22.11 (+9.82%)
Price from 5 days ago
The business is unprofitable at the operating level (-1.29% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 27.7%, still solid. Margins contracted 3.3pp, which offsets some of the top-line progress.
At 634x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Operating margin contracted 3.3pp YoY, cost discipline may be slipping.
634.2x earnings, 85.0x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$3.67B
▲ +27.7% YoY
Net Income (TTM)
$136M
▼ -41.4% YoY
Op. Margin
-0.67%
▼ -3.3pp YoY
ROIC
-0.40%
▼ -1.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$1.06B
▲ +19.7% YoY
Op. Cash Flow (TTM)
$1.11B
▲ +20.6% YoY
Net Debt
-$3.47B
Net Cash Position
Cash & Equiv.
$4.76B
5Y CAGR: +41.5%
5Y CAGR: +57.4%
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