Datadog (DDOG) 10-K Summary — Year Ended Dec 31, 2023
Datadog provides a monitoring and analytics platform for cloud applications. In the latest fiscal year, the company grew revenue while reporting a net profit, though operating income remained negative.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
Datadog provides a monitoring and analytics platform for cloud applications. In the latest fiscal year, the company grew revenue while reporting a net profit, though operating income remained negative.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$2.1B
Revenue reported for the fiscal year.
Operating income
-$33.5M
Income from operations reported for the year.
Net income
$48.6M
Net income reported for the year.
Operating cash flow
$660M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $1B | n/a |
| Dec 31, 2022 | $1.7B | +62.8% |
| Dec 31, 2023 | $2.1B | +27.1% |
Business overview
Datadog offers a software-as-a-service platform that enables organizations to monitor, analyze, and secure their cloud infrastructure and applications. The platform integrates observability, security, and development tools to help customers manage their digital operations.
Financial performance
Revenue increased compared to the prior year, while operating income remained negative but improved. Net income turned positive, and operating cash flow was strong.
Material risks
Macroeconomic uncertainty, including inflation, interest rate changes, geopolitical conflicts, and the pandemic, may slow customer spending on information technology. The company has observed slower usage growth from existing customers in recent quarters, which could affect future results.
Liquidity and capital
The company generated significant operating cash flow, supporting its liquidity position. No specific capital allocation plans were detailed in the provided context.
What to watch
Monitor whether customer usage growth recovers or continues to slow in the next filing.