Datadog (DDOG) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the current quarter. The growth rate was slower compared to the same quarter last year.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the current quarter. The growth rate was slower compared to the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$645.3M
Revenue reported for this quarter.
Quarter-over-quarter
+5.6%
Change from the immediately preceding quarter.
Year-over-year
+26.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.4B
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, 2023 | $547.5M | +25.4% |
| Dec 31, 2023 | $589.6M | +25.6% |
| Mar 31, 2024 | $611.3M | +26.9% |
| Jun 30, 2024 | $645.3M | +26.7% |
Revenue performance
The reported revenue for the quarter ended June 30, 2024, rose from the previous quarter and showed a significant increase compared to the same quarter a year ago.
Quarterly comparison
Sequentially, revenue grew from the immediately preceding quarter. On a year-over-year basis, the current quarter's revenue was higher than the same quarter one year earlier, though the percentage increase was lower than in prior comparative periods.
What to watch
The filing notes that slower usage growth from existing customers in recent quarters may be linked to macroeconomic uncertainty.