Datadog (DDOG) Revenue — Quarter Ended Sep 30, 2024
Revenue increased sequentially and year over year. The year-over-year growth rate remained consistent with recent quarters.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased sequentially and year over year. The year-over-year growth rate remained consistent with recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$690M
Revenue reported for this quarter.
Quarter-over-quarter
+6.9%
Change from the immediately preceding quarter.
Year-over-year
+26.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.5B
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 |
|---|---|---|
| Dec 31, 2023 | $589.6M | +25.6% |
| Mar 31, 2024 | $611.3M | +26.9% |
| Jun 30, 2024 | $645.3M | +26.7% |
| Sep 30, 2024 | $690M | +26.0% |
Revenue performance
The sequential revenue gain reflected ongoing customer acquisition and platform adoption.
Quarterly comparison
Sequential growth accelerated compared to the prior quarter, while year-over-year growth was slightly below the prior quarter's year-over-year rate.
What to watch
The company highlighted macroeconomic uncertainty as a potential headwind to future information technology spending.