Filing Flows › Datadog (DDOG) › Q3 2025
Datadog (DDOG) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Datadog (DDOG) reported revenue of $886M for the third quarter 2025 (Q3 2025), +28% from a year earlier and +7% from the quarter before. Operating margin was -0.7%, net earnings $33.9M (3.8% of revenue).
Datadog, Q3 2025: revenue $886M (+28% year over year), operating margin -0.7%, net earnings $33.9M, operating cash flow $251M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $886M | +7% | +28% |
| Operating profit | −$5.8M | — | — |
| Net earnings | $33.9M | 13× | — |
| Operating cash flow | $251M | +26% | +10% |
| Free cash flow | $214M | — | +5% |
What changed
Revenue was $885.7M in Q3 2025, up 28% year over year and up 7% from the previous quarter.
Gross margin was 80.1%, unchanged from a year earlier. Operating costs exceeded revenue by $5.8M, an operating margin of -0.7%. Operating expenses grew 34% against revenue growth of 28%. The fastest-growing cost line was General & admin (+42%). Net earnings were $33.9M, down 34% year over year. The effective tax rate was 5.0%. Non-operating items added $41.5M, 116% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $251.5M (up 10% year over year), 742% of net earnings. Non-cash charges added back $15.0M of depreciation and amortization and $200.6M of share-based compensation. After capitalized software development costs ($20.7M) and purchases of property and equipment ($16.8M), free cash flow as the company reports it was $214.0M.
Questions
What was Datadog's revenue in the third quarter 2025?
Datadog (DDOG) reported revenue of $886M for the third quarter 2025 (Q3 2025), +28% from a year earlier and +7% from the quarter before.
Was Datadog profitable in the third quarter 2025?
Operating loss was $5.8M (-0.7% of revenue) and net earnings $33.9M.
Source: Datadog 10-Q on SEC EDGAR.