Datadog (DDOG) Net Margin (2018 - 2026)
Datadog's Net Margin came in at 3.97% for Q2 2026, up 3.65 percentage points from 0.32% a year earlier but down 1.25 percentage points from the prior quarter.
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Analysis
Datadog (DDOG) Net Margin (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Datadog reported Net Margin of 4.48%, up 0.35 percentage points year-over-year; for FY2025, it was 3.14%, down 3.70 percentage points from FY2024.
- Net Margin carries a five-year change of +7.21 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 6.85% in FY2024 (+4.56 pp), 2.28% in FY2023 (+5.28 pp), -2.99% in FY2022 (-0.98 pp) and -2.02% in FY2021 (+2.05 pp).
- The five-year range for quarterly Net Margin is -6.19% (Q4 2022) to 9.16% (Q4 2023).
- Year-over-year, Net Margin increased in three of the last eight quarters, with an average year-over-year change of -1.14 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q4 2023 (a gain of 15.34 percentage points), and the weakest in Q4 2022 (a drop of 8.38 percentage points).
- Business Quant data shows DDOG's Net Margin at 5.22% (Q1 2026), 4.89% (Q4 2025) and 3.83% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 256.01 Bn | 241.08 Bn | 2.30 Bn | -8.27% |
| 2 | CrowdStrike Holdings | 231.46 Bn | 211.86 Bn | 1.10 Bn | 0.36% |
| 3 | Fortinet | 123.83 Bn | 109.76 Bn | 1.64 Bn | 29.61% |
| 4 | Snowflake | 107.27 Bn | 94.59 Bn | 1.04 Bn | -12.39% |
| 5 | Datadog | 88.05 Bn | 69.69 Bn | 881.34 Mn | 3.97% |
| 6 | Zscaler | 33.23 Bn | 19.35 Bn | - | - |
| 7 | Okta | 32.56 Bn | 22.66 Bn | 641.00 Mn | 14.41% |
| 8 | Axon Enterprise | 31.41 Bn | 25.93 Bn | 546.45 Mn | 3.25% |
| 9 | MongoDB | 27.26 Bn | 17.73 Bn | 569.77 Mn | 5.30% |
| 10 | F5 | 25.06 Bn | 19.47 Bn | 711.51 Mn | 24.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.97% |
| Mar 31, 2026 | 5.22% |
| Dec 31, 2025 | 4.89% |
| Sep 30, 2025 | 3.83% |
| Jun 30, 2025 | 0.32% |
| Mar 31, 2025 | 3.24% |
| Dec 31, 2024 | 6.18% |
| Sep 30, 2024 | 7.49% |
| Jun 30, 2024 | 6.79% |
| Mar 31, 2024 | 6.97% |
| Dec 31, 2023 | 9.16% |
| Sep 30, 2023 | 4.13% |
| Jun 30, 2023 | -0.78% |
| Mar 31, 2023 | -5.00% |
| Dec 31, 2022 | -6.19% |
| Sep 30, 2022 | -5.95% |
| Jun 30, 2022 | -1.20% |
| Mar 31, 2022 | 2.68% |
| Dec 31, 2021 | 2.20% |
| Sep 30, 2021 | -2.03% |
API Access
Datadog Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=DDOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "DDOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=DDOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();