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Datadog (DDOG) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

Datadog (DDOG) reported revenue of $1.1B for the second quarter 2026 (Q2 2026), +36% from a year earlier and +11% from the quarter before. Operating margin was 0.5%, net earnings $44.6M (4.0% of revenue).

Revenue$1.1B
Year over year+36%
Quarter over quarter+11%
Operating margin0.5%
Net earnings$44.6M

Datadog, Q2 2026: revenue $1.1B (+36% year over year), operating margin 0.5%, net earnings $44.6M, operating cash flow $316M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.1B+11%+36%
Gross profit$881M+11%+33%
Operating profit$5.5M-26%—
Net earnings$44.6M-15%17×
Operating cash flow$316M-6%+58%
Free cash flow$279M—+69%

What changed

Revenue was $1.1B in Q2 2026, up 36% year over year and up 11% from the previous quarter.

Gross margin was 78.6%, down 1.3 points from Q2 2025. Operating profit was $0.01B, a 0.5% margin (up 4.8 points year over year). Operating expenses grew 26% against revenue growth of 36%. The fastest-growing cost line was Sales & marketing (+30%). Net earnings were $0.04B, up 1583% year over year. The effective tax rate was 13.9%. Non-operating items added $0.05B, 89% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $0.32B (up 58% year over year), 709% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.22B of share-based compensation. Working capital and other items added $0.03B. After capitalized software development costs ($0.03B) and purchases of property and equipment ($0.01B), free cash flow as the company reports it was $0.28B.

Questions

What was Datadog's revenue in the second quarter 2026?

Datadog (DDOG) reported revenue of $1.1B for the second quarter 2026 (Q2 2026), +36% from a year earlier and +11% from the quarter before.

Was Datadog profitable in the second quarter 2026?

Operating profit was $5.5M (0.5% of revenue) and net earnings $44.6M.

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Source: Datadog 10-Q on SEC EDGAR.