NASDAQ$DDOG
Datadog Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Datadog's Q4 2022 performance showed strong growth with increased customer value and profitability.
Datadog's Q4 2022 revenue increased by 44% year-over-year to $469 million. The company drove strong profitability and cash generation with strong growth of larger customers.
- Revenue was $469.4 million, an increase of 44% year-over-year.
- GAAP operating loss was $(34.6) million; GAAP operating margin was (7)%.
- Non-GAAP operating income was $83.1 million; non-GAAP operating margin was 18%.
- As of December 31, 2022, Datadog had 317 customers with ARR of $1 million or more, an increase of 47% year-over-year.
Headline financials
Revenue & EPS history
Datadog · Revenue · Quarterly
$469M
Forward guidance
Datadog is providing the following guidance for Q1 2023: Revenue between $466 million and $470 million; Non-GAAP operating income between $68 million and $72 million; Non-GAAP net income per share between $0.22 and $0.24, assuming approximately 348 million weighted average diluted shares outstanding. For fiscal year 2023: Revenue between $2.07 billion and $2.09 billion; Non-GAAP operating income between $300 million and $320 million; Non-GAAP net income per share between $1.02 and $1.09, assuming approximately 351 million weighted average diluted shares outstanding.
Tailwinds
- Revenue between $466 million and $470 million for Q1 2023.
- Non-GAAP operating income between $68 million and $72 million for Q1 2023.
- Non-GAAP net income per share between $0.22 and $0.24 for Q1 2023.
- Revenue between $2.07 billion and $2.09 billion for fiscal year 2023.
- Non-GAAP operating income between $300 million and $320 million for fiscal year 2023.
Headwinds
- Uncertainty regarding reconciling items such as stock-based compensation.
- Potential variability of employer payroll taxes on equity incentive plans.
- Risks related to rapid growth and operating losses.
- Dependence on existing customers and ability to attract new customers.
- Competitive markets and general economic conditions.
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 Q4 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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