Filing Flows › Datadog (DDOG) › Q1 2026
Datadog (DDOG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Datadog (DDOG) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), +32% from a year earlier and +6% from the quarter before. Operating margin was 0.7%, net earnings $52.6M (5.2% of revenue).
Datadog, Q1 2026: revenue $1.0B (+32% year over year), operating margin 0.7%, net earnings $52.6M, operating cash flow $335M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +6% | +32% |
| Gross profit | $797M | +4% | +32% |
| Operating profit | $7.3M | -22% | — |
| Net earnings | $52.6M | +13% | +113% |
| Operating cash flow | $335M | +2% | +23% |
| Free cash flow | $289M | — | +18% |
What changed
Revenue was $1.0B in Q1 2026, up 32% year over year and up 6% from the previous quarter.
Gross margin was 79.2%, down 0.1 points from Q1 2025. Operating profit was $0.01B, a 0.7% margin (up 2.4 points year over year). Operating expenses grew 28% against revenue growth of 32%. The fastest-growing cost line was Sales & marketing (+31%). Net earnings were $0.05B, up 113% year over year. The effective tax rate was 10.8%. Non-operating items added $0.05B, 88% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.33B (up 23% year over year), 636% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.20B of share-based compensation. Working capital and other items added $0.07B. After capitalized software development costs ($0.03B) and purchases of property and equipment ($0.01B), free cash flow as the company reports it was $0.29B.
Questions
What was Datadog's revenue in the first quarter 2026?
Datadog (DDOG) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), +32% from a year earlier and +6% from the quarter before.
Was Datadog profitable in the first quarter 2026?
Operating profit was $7.3M (0.7% of revenue) and net earnings $52.6M.
Source: Datadog 10-Q on SEC EDGAR.