Datadog Inc - Class A
Q2 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: +2.86%.
Did DDOG Beat Earnings? Q2 2025 Results
Datadog posted a notably strong second quarter, with revenue of $826.76 million rising 28.1% year over year and clearing the $790.90 million consensus estimate by 4.53%, while non-GAAP EPS of $0.46 beat the $0.41 analyst expectation by 12.83%. The primary engine behind the beat was broad customer expansion, with roughly 3,850 customers now generating at least $100,000 in annual recurring revenue, a 14% increase from a year ago, underscoring deepening platform adoption across the enterprise. Free cash flow of $165.35 million, representing a 20% margin, added further evidence of underlying business health even as GAAP results reflected $180.46 million in stock-based compensation and elevated R&D investment of $387.48 million, up 41% year over year. Management raised its full-year 2025 revenue outlook to a range of $3.31 billion to $3.32 billion, with non-GAAP EPS guided between $1.80 and $1.83, while Q3 revenue is expected to land between $847 million and $851 million, signaling continued confidence in demand momentum heading into the second half.
- 28% year-over-year revenue growth
- 14% growth in $100K+ ARR customers to approximately 3,850
- $200 million in operating cash flow and $165 million in free cash flow
- Non-GAAP operating margin of 20%
“Datadog had a strong second quarter, with 28% year-over-year revenue growth, $200 million in operating cash flow, and $165 million in free cash flow.”
Datadog CEO, on the earnings call
Forward Guidance & Outlook
For Q3 2025, Datadog expects revenue between $847 million and $851 million, non-GAAP operating income between $176 million and $180 million, and non-GAAP net income per share between $0.44 and $0.46 (assuming approximately 364 million weighted average diluted shares). For full year 2025, the company guides revenue between $3.312 billion and $3.322 billion, non-GAAP operating income between $684 million and $694 million, and non-GAAP net income per share between $1.80 and $1.83 (assuming approximately 364 million weighted average diluted shares).
DDOG YoY Financials
Figures from SEC filings and company reports. Not investment advice.