Datadog, Inc. announced its Q1 2025 financial results, demonstrating significant revenue growth and an expanded customer base.
Financial Performance of Datadog
Datadog, Inc. reported a 25% year-over-year revenue increase, reaching $762 million. This figure surpassed the expected $739.37 million, indicating a strong market position. Additionally, the non-GAAP net income per diluted share was reported at $0.46, exceeding anticipations of $0.42.
Customer Base and Strategic Initiatives
Key growth drivers included an increase in larger customers, with approximately 3,770 customers now contributing $100,000 or more in annual recurring revenue. This is a 13% rise from the previous year, highlighting Datadog's successful efforts in scaling operations. Additionally, the integration of Eppo and Metaplane has enhanced Datadog's product offerings.
Q2 2025 Forecasts
Looking towards the second quarter of 2025, Datadog expects revenue in the range of $787 million to $791 million, alongside a non-GAAP net income per share of $0.40 to $0.42. This outlook is supported by strategic initiatives including expanding its data center presence in Australia.
Datadog remains poised for the future, adapting to the evolving technological landscape and providing sustained value to its stakeholders.
