NASDAQ$DDOG

Datadog Inc · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Datadog reported Q2 2026 revenue of $1.12 billion, up 36% year-over-year, with positive GAAP operating income and strong free cash flow.

Datadog delivered 36% revenue growth to $1.12 billion in Q2 2026, driven by continued adoption of its AI-powered observability and security platform. GAAP operating income reached $5 million while non-GAAP operating income was $257 million, and free cash flow totaled $279 million. The company expanded its large customer base to approximately 4,720 accounts with $100k+ ARR and launched new AI capabilities including Bits Code, Bits Chat, and Bits Agent Builder.

  • Revenue grew 36% year-over-year to $1.12 billion.
  • GAAP net income per diluted share was $0.12 and non-GAAP net income per diluted share was $0.65.
  • Free cash flow reached $279 million on operating cash flow of $316 million.
  • Large customer count ($100k+ ARR) increased 23% to approximately 4,720.

Headline financials

Total Revenue

$1.12B

Previous: $827M+35.6%
EPS (adj)

$0.65

Previous: $0.01+6400.0%
Customers with $100k+ ARR

4.7K

No prior period
Free Cash Flow

$279M

Previous: -$21.3M+1411.4%
Net Income

$44.6M

Previous: $2.65M+1583.3%
Operating Income

$5.46M

Previous: -$35.5M+115.4%
Cash & Equivalents

$435M

Previous: $489M-11.1%

Revenue & EPS history

Datadog · Revenue · Quarterly

$1.12B

Q2 2026+35.6%vs Q2 2025
Beat estimate in 15 of 16 quarters(94%)
ActualEstimate

Forward guidance

Q3 2026 revenue expected between $1.135 billion and $1.145 billion with non-GAAP operating income of $260-270 million; full year 2026 revenue between $4.45 billion and $4.47 billion.

Tailwinds

  • Continued double-digit revenue growth expected.
  • Strong non-GAAP profitability margins projected.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+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

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
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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