NASDAQ$DDOG
Datadog Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported strong first quarter results with 83% year-over-year revenue growth and strong profitability.
Datadog's first quarter 2022 financial results showed strong revenue growth of 83% year-over-year, reaching $363 million. The company also saw strong growth in larger customers and launched the Application Security Monitoring product.
- Revenue was $363.0 million, an increase of 83% year-over-year.
- GAAP operating income was $10.4 million; GAAP operating margin was 3%.
- Non-GAAP operating income was $83.7 million; non-GAAP operating margin was 23%.
- As of March 31, 2022, Datadog had about 2,250 customers with ARR of $100,000 or more, an increase of 60% from 1,406 as of March 31, 2021.
Headline financials
Revenue & EPS history
Datadog · Revenue · Quarterly
$363M
Forward guidance
Datadog is providing the following guidance: Second Quarter 2022 Revenue between $376 million and $380 million. Full Year 2022 Revenue between $1.60 billion and $1.62 billion.
Tailwinds
- Second Quarter 2022 Revenue between $376 million and $380 million.
- Second Quarter 2022 Non-GAAP operating income between $49 million and $53 million.
- Second Quarter 2022 Non-GAAP net income per share between $0.13 and $0.15, assuming approximately 347 million weighted average diluted shares outstanding.
- Full Year 2022 Revenue between $1.60 billion and $1.62 billion.
- Full Year 2022 Non-GAAP operating income between $240 million and $260 million.
Headwinds
- Datadog has not reconciled its expectations as to non-GAAP operating income, or as to non-GAAP net income per share, to their most directly comparable GAAP measure as a result of uncertainty regarding reconciling items.
- Reconciliation is not available without unreasonable effort, although it is important to note that these factors could be material to Datadog’s results computed in accordance with GAAP.
- Forward-looking statements are based on Datadog’s current assumptions, expectations and beliefs and are subject to substantial risks, uncertainties, assumptions and changes in circumstances.
- Our recent rapid growth may not be indicative of our future growth.
- The impact that the ongoing COVID-19 pandemic and any related economic downturn could have on our or our customers’ businesses, financial condition and results of operations.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+4.3%
Avg return
Earnings day
+5.1%
Avg return
5 days after
+5.0%
Avg return
30 days after
59%
19 / 32 earnings
Positive
+33.1%
Q1 2020
Best reaction
-20.2%
Q2 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.9% | +38.1% | +62.9% | |
| Q4 2025 | +13.7% | +9.8% | +11.5% | |
| Q3 2025 | +23.1% | +27.7% | -2.3% | |
| Q2 2025 | -4.0% | -5.6% | -0.2% | |
| Q1 2025 | +0.3% | +2.1% | +15.2% | |
| Q4 2024 | -8.2% | -11.8% | -31.3% | |
| Q3 2024 | -3.0% | -3.8% | +31.4% | |
| Q2 2024 | +3.9% | +5.9% | -0.8% | |
| Q1 2024 | -7.6% | -6.3% | -13.7% | |
| Q4 2023 | +1.0% | -3.8% | -9.0% | |
| Q3 2023 | +25.7% | +30.3% | +44.6% | |
| Q2 2023 | -18.4% | -15.9% | -9.0% | |
| Q1 2023 | +16.3% | +20.9% | +50.0% | |
| Q4 2022 | -9.8% | -11.5% | -22.7% | |
| Q3 2022 | -5.5% | -5.4% | +0.3% | |
| Q2 2022 | +0.8% | -2.4% | -13.8% | |
| Q1 2022 | -7.6% | -17.4% | -11.4% | |
| Q4 2021 | +7.7% | +8.7% | -18.3% | |
| Q3 2021 | +14.0% | +20.7% | +0.9% | |
| Q2 2021 | +14.8% | +9.0% | +20.1% | |
| Q1 2021 | +0.7% | +2.4% | +15.3% | |
| Q4 2020 | -2.3% | -6.9% | -28.2% | |
| Q3 2020 | -8.5% | -9.6% | +7.0% | |
| Q2 2019 | +0.5% | +7.9% | +8.9% | |
| Q2 2020 | -20.2% | -19.8% | -15.6% | |
| Q1 2019 | +25.7% | +20.6% | +36.6% | |
| Q1 2020 | +33.1% | +29.8% | +51.3% | |
| Q4 2017 | -2.3% | +0.4% | -23.7% | |
| Q4 2019 | -6.0% | -5.9% | -29.5% | |
| Q3 2018 | +20.3% | +17.2% | +12.8% | |
| Q4 2018 | +20.3% | +17.2% | +12.8% | |
| Q3 2019 | +19.8% | +21.1% | +6.5% | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — |
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