Posted 3/13/2024, 9:31:22 PM
Datadog Posts Record Q4 Revenue of $405M, First Ever Quarterly GAAP Profit, and 87% Gross Margin
- Revenue grew 31% year-over-year to $405 million in Q4, with full-year revenue up 24% to $1.308 billion
- Achieved first ever quarterly GAAP profit of $33.9 million as a public company in Q4
- Annual Recurring Revenue (ARR) increased 22% year-over-year to $1.464 billion in Q4
- Strong cash flow from operations and free cash flow of $146 million in Q4
- Gross margin stood at 87% in Q4 with full-year margin of 85%
