Filing Flows › Datadog (DDOG) › Q2 2026 › vs Q2 2025
Datadog (DDOG) Q2 2026 vs Q2 2025 (year over year)
Datadog's revenue rose $295M (+36%) from $827M in Q2 2025 to $1.1B in Q2 2026. Gross margin 78.6% against 79.9% (-1.3 pts).
Datadog, Q2 2026: revenue $1.1B (+36% year over year), operating margin 0.5%, net earnings $44.6M, operating cash flow $316M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 78.6% | 79.9% | -1.3 pts |
| Operating margin | 0.5% | -4.3% | +4.8 pts |
| Net margin | 4.0% | 0.3% | +3.7 pts |
| Free cash flow margin | 24.9% | 20.0% | +4.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.1B | $827M | $295M | +36% |
| Gross profit | $881M | $661M | $221M | +33% |
| Cost of revenue | $240M | $166M | $74.1M | +45% |
| Other income, net | $46.3M | $41.6M | $4.7M | +11% |
| Operating profit | $5.5M | −$35.5M | $41.0M | — |
| Operating expenses | $876M | $696M | $180M | +26% |
| Pre-tax earnings | $51.7M | $6.1M | $45.6M | +750% |
| Research & development | $478M | $387M | $90.5M | +23% |
| Sales & marketing | $312M | $239M | $72.5M | +30% |
| General & admin | $86.4M | $69.8M | $16.6M | +24% |
| Net earnings | $44.6M | $2.6M | $41.9M | 17× |
| Income tax | $7.2M | $3.4M | $3.7M | +109% |
| Depreciation & amortization | $19.5M | $12.8M | $6.7M | +52% |
| Share-based compensation | $220M | $180M | $39.8M | +22% |
| Working capital & other | $31.6M | $4.1M | $27.4M | +666% |
| Operating cash flow | $316M | $200M | $116M | +58% |
| Free cash flow (company-reported) | $279M | $165M | $113M | +69% |
| Capitalized software development costs | $27.3M | $19.6M | $7.7M | +40% |
| Purchases of property and equipment | $9.9M | $15.2M | −$5.3M | -35% |
Questions
How much did Datadog's revenue grow year over year in Q2 2026?
Datadog's revenue rose $295M (+36%) from $827M in Q2 2025 to $1.1B in Q2 2026. Gross margin 78.6% against 79.9% (-1.3 pts).