Datadog Inc · Q4 2021 earnings

Briefing

Demonstrated excellent revenue growth and continued business efficiencies.

Datadog announced strong Q4 2021 financial results with revenue growth of 84% year-over-year to $326 million. The company saw strong growth of larger customers and launched Sensitive Data Scanner.

• Revenue was $326.2 million, an increase of 84% year-over-year.
• GAAP operating income was $8.5 million; GAAP operating margin was 3%.
• Non-GAAP operating income was $70.6 million; non-GAAP operating margin was 22%.
• As of December 31, 2021, we had 216 customers with ARR of $1 million or more, an increase of 114% from 101 as of December 31, 2020.

Headline financials

Revenue & EPS history

Datadog is providing the following guidance for Q1 2022: Revenue between $334 million and $339 million, Non-GAAP operating income between $36 million and $41 million, Non-GAAP net income per share between $0.10 and $0.12, assuming approximately 348 million weighted average diluted shares outstanding. For fiscal year 2022, Datadog expects: Revenue between $1.51 billion and $1.53 billion, Non-GAAP operating income between $160 million and $180 million, Non-GAAP net income per share between $0.45 and $0.51, assuming approximately 350 million weighted average diluted shares outstanding.