Datadog (DDOG) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the quarter. The growth rate slowed compared to the prior quarter and the same quarter last year.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the quarter. The growth rate slowed compared to the prior quarter and the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$509.5M
Revenue reported for this quarter.
Quarter-over-quarter
+5.8%
Change from the immediately preceding quarter.
Year-over-year
+25.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $436.5M | +61.4% |
| Dec 31, 2022 | $469.4M | +43.9% |
| Mar 31, 2023 | $481.7M | +32.7% |
| Jun 30, 2023 | $509.5M | +25.4% |
Revenue performance
Revenue increased sequentially and year over year. The rate of growth moderated compared with both periods.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose. Compared with the same quarter one year earlier, revenue also increased, though at a lower rate than in prior quarters.
What to watch
Management noted that slower usage growth from existing customers may reflect the uncertain macroeconomic environment.