Analyst Consensus ?
ConsensusBuy47 ratings
Bullish4085.1%
Neutral612.8%
Bearish12.1%
Datadog, Inc. · DDOG · FY2026 Q1 · Calendar Q2 2026
Datadog Crosses $1B Quarterly Revenue as AI Workloads Accelerate Demand
Datadog's first $1 billion revenue quarter marks an inflection point for the observability platform. AI-native workloads are driving accelerating demand alongside durable non-AI growth, and the 32% YoY revenue increase combined with an 18% EPS beat and a raised FY2026 outlook signals that the company's AI product strategy is translating into concrete financial results. The stock's approximately 32% one-day move reflects the market pricing in a fundamentally higher growth trajectory.
Reported Before market openNASDAQTechnology
$89.30B market cap
100quality score
Company context
Snapshot as of publicationDatadog, Inc. offers a comprehensive cloud-based monitoring and analytics solution, serving the needs of developers, IT operations personnel, and business stakeholders across North America and internationally. This Software-as-a-Service (SaaS) offering skillfully combines and automates several crucial functions, including infrastructure oversight, application performance tracking, log management, and security surveillance, all designed to deliver live, end-to-end visibility into its customers' technology environments. Additionally, the platform extends its capabilities to include user experience monitoring, network performance analytics, robust cloud security measures, specialized observability tools for developers, and efficient incident response management. It also comes equipped with standard features like configurable dashboards, sophisticated analytical tools, collaborative features, and proactive alert systems. The company was founded in 2010 and is based in New York, New York.
Earnings scorecard
Reported versus consensus
Reported EPS
$0.60
Consensus $1
EPS surprise
+18.1%
Reported versus consensus
Reported revenue
$1.01B
Consensus $960.1M
Revenue surprise
+4.8%
Reported versus consensus
Earnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$221.21Current
$75.76Low
$224.07Average
$320High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 12, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| UBS | Buy | Buy | Maintain | Aug 7, 2026 |
| Scotiabank | Sector Outperform | Sector Outperform | Maintain | Aug 7, 2026 |
| Rosenblatt | Buy | Buy | Maintain | Aug 7, 2026 |
| Needham | Buy | Buy | Maintain | Aug 7, 2026 |
| Macquarie | Outperform | Outperform | Maintain | Aug 7, 2026 |
| DA Davidson | Buy | Buy | Maintain | Aug 7, 2026 |
| Citigroup | Buy | Buy | Maintain | Aug 7, 2026 |
| Cantor Fitzgerald | Overweight | Overweight | Maintain | Aug 7, 2026 |
| Canaccord Genuity | Buy | Buy | Maintain | Aug 4, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | Jul 28, 2026 |
| BTIG | Buy | Buy | Maintain | Jul 28, 2026 |
| TD Cowen | Buy | Buy | Maintain | Jul 22, 2026 |
| Guggenheim | Buy | Buy | Maintain | Jul 22, 2026 |
| Jefferies | Hold | Buy | Downgrade | Jul 21, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Jul 21, 2026 |
| Barclays | Overweight | Overweight | Maintain | Jul 21, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | Jul 20, 2026 |
| Oppenheimer | Outperform | Outperform | Maintain | Jul 20, 2026 |
| Citizens | Market Outperform | Market Outperform | Maintain | Jul 20, 2026 |
| Keybanc | Overweight | Overweight | Maintain | Jul 16, 2026 |
| Mizuho | Outperform | Outperform | Maintain | Jul 15, 2026 |
| Bernstein | Market Perform | Outperform | Downgrade | Jul 6, 2026 |
| Benchmark | Buy | Buy | Maintain | Jul 2, 2026 |
| Truist Securities | Buy | Hold | Upgrade | Jun 15, 2026 |
| Wedbush | Outperform | Outperform | Maintain | Jun 10, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | Jun 10, 2026 |
| Piper Sandler | Overweight | Overweight | Maintain | Jun 10, 2026 |
| CIBC | Outperform | Outperform | Maintain | Jun 10, 2026 |
| B of A Securities | Buy | Buy | Maintain | Jun 8, 2026 |
| Goldman Sachs | Sell | Sell | Maintain | May 12, 2026 |
| Raymond James | Outperform | Outperform | Maintain | Feb 11, 2026 |
| Stifel | Buy | Hold | Upgrade | Jan 22, 2026 |
| BMO Capital | Outperform | Outperform | Maintain | Nov 7, 2025 |
| Wolfe Research | Peer Perform | Outperform | Downgrade | Feb 18, 2025 |
| JMP Securities | Market Perform | Market Perform | Maintain | Feb 14, 2025 |
| Loop Capital | Buy | Buy | Maintain | Dec 23, 2024 |
| Baird | Outperform | Outperform | Maintain | Nov 8, 2024 |
| Monness, Crespi, Hardt | Buy | Neutral | Upgrade | Nov 7, 2024 |
| JP Morgan | Overweight | Neutral | Upgrade | Nov 8, 2023 |
| Credit Suisse | Outperform | Outperform | Maintain | Aug 9, 2023 |
| MoffettNathanson | Buy | Buy | Maintain | Sep 22, 2022 |
| SMBC Nikko | Neutral | Neutral | Maintain | Mar 18, 2022 |
| Berenberg | Buy | Hold | Upgrade | May 7, 2021 |
| Monness Crespi Hardt | Neutral | Neutral | Maintain | Nov 23, 2020 |
| FBN Securities | Outperform | Outperform | Maintain | Jul 10, 2020 |
| William Blair | Outperform | Outperform | Maintain | Oct 14, 2019 |
| Stifel Nicolaus | Buy | Buy | Maintain | Oct 14, 2019 |
Named analyst price targets
Upside is calculated against the persisted current price $221.21. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Robert W. Baird | Analyst unavailable | $300 | $236.85 | +35.6% | Aug 7, 2026 |
| UBS | Karl Keirstead | $280 | $237.19 | +26.6% | Aug 7, 2026 |
| BMO Capital | Analyst unavailable | $300 | $237.7 | +35.6% | Aug 7, 2026 |
| Scotiabank | Patrick Colville | $285 | $229.29 | +28.8% | Aug 7, 2026 |
| Needham | Jack Andrews | $300 | $229.29 | +35.6% | Aug 7, 2026 |
| Goldman Sachs | Gabriela Borges | $158 | $229.29 | -28.6% | Aug 7, 2026 |
| Macquarie | Steve Koenig | $260 | $229.29 | +17.5% | Aug 7, 2026 |
| Raymond James | Analyst unavailable | $280 | $231.5 | +26.6% | Aug 6, 2026 |
| Jefferies | Analyst unavailable | $260 | $234.3 | +17.5% | Aug 6, 2026 |
| Canaccord Genuity | Analyst unavailable | $295 | $273.6 | +33.4% | Aug 4, 2026 |
| D.A. Davidson | Analyst unavailable | $315 | $269.26 | +42.4% | Jul 31, 2026 |
| Morgan Stanley | Sanjit Singh | $300 | $251.86 | +35.6% | Jul 28, 2026 |
| BTIG | Gray Powell | $289 | $251.86 | +30.6% | Jul 28, 2026 |
| Guggenheim | Analyst unavailable | $300 | $254.79 | +35.6% | Jul 22, 2026 |
| Barclays | Raimo Lenschow | $290 | $263.2 | +31.1% | Jul 21, 2026 |
| Jefferies | Brent Thill | $280 | $263.2 | +26.6% | Jul 21, 2026 |
| Oppenheimer | Analyst unavailable | $300 | $258.69 | +35.6% | Jul 20, 2026 |
| RBC Capital | Matthew Hedberg | $280 | $259.59 | +26.6% | Jul 16, 2026 |
| UBS | Analyst unavailable | $315 | $262.52 | +42.4% | Jul 16, 2026 |
| KeyBanc | Analyst unavailable | $320 | $264.46 | +44.7% | Jul 16, 2026 |
| Mizuho Securities | Analyst unavailable | $300 | $270.73 | +35.6% | Jul 15, 2026 |
| Bernstein | Peter Weed | $226 | $260.36 | +2.2% | Jul 6, 2026 |
| Scotiabank | Patrick Colville | $275 | $219.64 | +24.3% | Jun 18, 2026 |
| Truist Financial | Miller Jump | $300 | $229.9 | +35.6% | Jun 15, 2026 |
| BMO Capital | Analyst unavailable | $260 | $235.54 | +17.5% | Jun 12, 2026 |
| New Street | Analyst unavailable | $260 | $227.63 | +17.5% | Jun 11, 2026 |
| Cantor Fitzgerald | Thomas Blakey | $226 | $227.63 | +2.2% | Jun 11, 2026 |
| Wolfe Research | Alex Zukin | $295 | $227.63 | +33.4% | Jun 11, 2026 |
| CIBC | Todd Coupland | $280 | $228.3 | +26.6% | Jun 10, 2026 |
| Wedbush | Dan Ives | $260 | $232.8 | +17.5% | Jun 10, 2026 |
| Piper Sandler | Analyst unavailable | $275 | $227.34 | +24.3% | Jun 10, 2026 |
| Canaccord Genuity | Kingsley Crane | $250 | $227.34 | +13.0% | Jun 10, 2026 |
| Barclays | Raimo Lenschow | $260 | $227.34 | +17.5% | Jun 10, 2026 |
| RBC Capital | Matthew Hedberg | $250 | $225.24 | +13.0% | May 29, 2026 |
| D.A. Davidson | Gil Luria | $250 | $220.96 | +13.0% | May 22, 2026 |
| Goldman Sachs | Analyst unavailable | $139 | $202.32 | -37.2% | May 12, 2026 |
| CIBC | Analyst unavailable | $250 | $191.52 | +13.0% | May 8, 2026 |
| Scotiabank | Analyst unavailable | $225 | $191.66 | +1.7% | May 8, 2026 |
| UBS | Karl Keirstead | $220 | $191.32 | -0.5% | May 8, 2026 |
| Needham | Analyst unavailable | $225 | $190.86 | +1.7% | May 8, 2026 |
| Wedbush | Analyst unavailable | $220 | $190.76 | -0.5% | May 8, 2026 |
| Morgan Stanley | Sanjit Singh | $225 | $190.42 | +1.7% | May 8, 2026 |
| Robert W. Baird | William Power | $210 | $191.37 | -5.1% | May 8, 2026 |
| Truist Financial | Miller Jump | $190 | $190.5 | -14.1% | May 8, 2026 |
| Bernstein | Analyst unavailable | $180 | $190 | -18.6% | May 8, 2026 |
| Canaccord Genuity | Analyst unavailable | $225 | $188.73 | +1.7% | May 8, 2026 |
| KeyBanc | Analyst unavailable | $225 | $188.73 | +1.7% | May 8, 2026 |
| Barclays | Raimo Lenschow | $215 | $188.73 | -2.8% | May 8, 2026 |
| Jefferies | Analyst unavailable | $210 | $188.73 | -5.1% | May 7, 2026 |
| Stifel Nicolaus | Analyst unavailable | $305 | $188.73 | +37.9% | May 7, 2026 |
| Evercore ISI | Analyst unavailable | $225 | $188.73 | +1.7% | May 7, 2026 |
| Guggenheim | Analyst unavailable | $225 | $183.92 | +1.7% | May 7, 2026 |
| Redburn Partners | Analyst unavailable | $170 | $132.14 | -23.1% | Apr 23, 2026 |
| CIBC | Analyst unavailable | $215 | $128.4 | -2.8% | Apr 20, 2026 |
| Barclays | Raimo Lenschow | $148 | $127.03 | -33.1% | Apr 20, 2026 |
| Mizuho Securities | Gregg Moskowitz | $145 | $110.08 | -34.5% | Apr 14, 2026 |
| Guggenheim | Analyst unavailable | $175 | $108.98 | -20.9% | Apr 9, 2026 |
| Scotiabank | Analyst unavailable | $160 | $125.46 | -27.7% | Feb 11, 2026 |
| Wedbush | Analyst unavailable | $190 | $123.43 | -14.1% | Feb 11, 2026 |
| Robert W. Baird | Analyst unavailable | $180 | $129.67 | -18.6% | Feb 11, 2026 |
| BMO Capital | Analyst unavailable | $165 | $129.67 | -25.4% | Feb 11, 2026 |
| Raymond James | Adam Tindle | $170 | $129.67 | -23.1% | Feb 10, 2026 |
| RBC Capital | Matthew Hedberg | $150 | $112.84 | -32.2% | Feb 9, 2026 |
| UBS | Analyst unavailable | $195 | $113.04 | -11.8% | Feb 9, 2026 |
| BMO Capital | Keith Bachman | $170 | $130.37 | -23.1% | Jan 29, 2026 |
| Scotiabank | Pat Colville | $180 | $137.06 | -18.6% | Jan 27, 2026 |
| Daiwa | Analyst unavailable | $190 | $136.64 | -14.1% | Jan 27, 2026 |
| Stifel Nicolaus | Brad Reback | $160 | $123.46 | -27.7% | Jan 22, 2026 |
| Cowen & Co. | Analyst unavailable | $200 | $124.8 | -9.6% | Jan 21, 2026 |
| Mizuho Securities | Analyst unavailable | $170 | $117 | -23.1% | Jan 21, 2026 |
| KeyBanc | Eric Heath | $170 | $125.49 | -23.1% | Jan 12, 2026 |
| Barclays | Analyst unavailable | $195 | $125.49 | -11.8% | Jan 12, 2026 |
| Morgan Stanley | Analyst unavailable | $180 | $125.49 | -18.6% | Jan 12, 2026 |
| Goldman Sachs | Gabriela Borges | $113 | $125.49 | -48.9% | Jan 12, 2026 |
| Truist Financial | Miller Jump | $140 | $137.1 | -36.7% | Jan 7, 2026 |
| Jefferies | Analyst unavailable | $180 | $134.33 | -18.6% | Jan 5, 2026 |
| Piper Sandler | Rob Owens | $195 | $133.77 | -11.8% | Jan 5, 2026 |
| RBC Capital | Analyst unavailable | $175 | $133.77 | -20.9% | Jan 5, 2026 |
| Mizuho Securities | Gregg Moskowitz | $200 | $142 | -9.6% | Dec 16, 2025 |
| Mizuho Securities | Analyst unavailable | $215 | $184.1 | -2.8% | Nov 7, 2025 |
| Guggenheim | Analyst unavailable | $105 | $193.94 | -52.5% | Nov 6, 2025 |
| Evercore ISI | Analyst unavailable | $215 | $193.94 | -2.8% | Nov 6, 2025 |
| Stifel Nicolaus | Brad Reback | $205 | $193.94 | -7.3% | Nov 6, 2025 |
| Rosenblatt Securities | Blair Abernethy | $200 | $190.82 | -9.6% | Nov 6, 2025 |
| Canaccord Genuity | Kingsley Crane | $185 | $162.81 | -16.4% | Nov 3, 2025 |
| Robert W. Baird | William Power | $165 | $155.8 | -25.4% | Oct 29, 2025 |
| BTIG | Gray Powell | $184 | $156.25 | -16.8% | Oct 22, 2025 |
| Oppenheimer | Analyst unavailable | $195 | $153 | -11.8% | Oct 17, 2025 |
| UBS | Analyst unavailable | $189 | $163.67 | -14.6% | Oct 9, 2025 |
| Bernstein | Analyst unavailable | $170 | $154.52 | -23.1% | Oct 8, 2025 |
| D.A. Davidson | Analyst unavailable | $180 | $153.91 | -18.6% | Oct 3, 2025 |
| Wells Fargo | Analyst unavailable | $190 | $142.4 | -14.1% | Sep 30, 2025 |
| Canaccord Genuity | Kingsley Crane | $160 | $130.91 | -27.7% | Aug 8, 2025 |
| UBS | Karl Keirstead | $165 | $136.96 | -25.4% | Aug 7, 2025 |
| D.A. Davidson | Gil Luria | $160 | $132.94 | -27.7% | Aug 5, 2025 |
| Jefferies | Brent Thill | $160 | $139.13 | -27.7% | Aug 4, 2025 |
| Needham | Jack Andrews | $140 | $122.68 | -36.7% | Jun 12, 2025 |
| D.A. Davidson | Gil Luria | $125 | $106.06 | -43.5% | May 7, 2025 |
| Scotiabank | Patrick Colville | $130 | $106.06 | -41.2% | May 7, 2025 |
| Barclays | Raimo Lenschow | $128 | $106.06 | -42.1% | May 6, 2025 |
| Stifel Nicolaus | Brad Reback | $120 | $106.06 | -45.8% | May 6, 2025 |
| BTIG | Gray Powell | $136 | $106.06 | -38.5% | May 6, 2025 |
| UBS | Karl Keirstead | $120 | $92.55 | -45.8% | Apr 15, 2025 |
| Jefferies | Brent Thill | $135 | $87.93 | -39.0% | Apr 7, 2025 |
| D.A. Davidson | Analyst unavailable | $165 | $145.5 | -25.4% | Feb 10, 2025 |
| Stifel Nicolaus | Analyst unavailable | $140 | $151.89 | -36.7% | Jan 28, 2025 |
| RBC Capital | Matthew Hedberg | $170 | $144.28 | -23.1% | Jan 3, 2025 |
| Stifel Nicolaus | Brad Reback | $165 | $150.2 | -25.4% | Dec 18, 2024 |
| BMO Capital | Keith Bachman | $145 | $124.45 | -34.5% | Nov 8, 2024 |
| Barclays | Raimo Lenschow | $155 | $125.9 | -29.9% | Nov 8, 2024 |
| Monness | Brian White | $155 | $129.79 | -29.9% | Nov 7, 2024 |
| Bernstein | Peter Weed | $151 | $128.12 | -31.7% | Oct 21, 2024 |
| UBS | Karl Keirstead | $150 | $126.22 | -32.2% | Oct 17, 2024 |
| D.A. Davidson | Gil Luria | $140 | $115.06 | -36.7% | Oct 1, 2024 |
| BMO Capital | Keith Bachman | $132 | $114.06 | -40.3% | Aug 9, 2024 |
| Scotiabank | Pat Colville | $135 | $114.06 | -39.0% | Aug 9, 2024 |
| BTIG | Gray Powell | $143 | $113.1 | -35.4% | Aug 1, 2024 |
| Stifel Nicolaus | Brad Reback | $140 | $121.22 | -36.7% | Jul 22, 2024 |
| Mizuho Securities | Gregg Moskowitz | $155 | $129.42 | -29.9% | Jul 16, 2024 |
| Evercore ISI | Kirk Materne | $150 | $127.8 | -32.2% | Jul 15, 2024 |
| Loop Capital Markets | Yun Kim | $160 | $131.5 | -27.7% | Jul 5, 2024 |
| BMO Capital | Keith Bachman | $140 | $127.11 | -36.7% | Jun 27, 2024 |
| Mizuho Securities | Gregg Moskowitz | $135 | $125.34 | -39.0% | Jun 27, 2024 |
| Monness | Brian White | $98 | $115.86 | -55.7% | Jun 14, 2024 |
| Goldman Sachs | Kash Rangan | $143 | $112.99 | -35.4% | Jun 10, 2024 |
| Morgan Stanley | Sanjit Singh | $137 | $117.28 | -38.1% | May 8, 2024 |
| Robert W. Baird | William Power | $140 | $117.28 | -36.7% | May 8, 2024 |
| Cantor Fitzgerald | Yi Fu Lee | $150 | $112.4 | -32.2% | May 7, 2024 |
| RBC Capital | Matt Hedberg | $151 | $126.97 | -31.7% | May 7, 2024 |
| Wells Fargo | Andrew Nowinski | $150 | $122.07 | -32.2% | Apr 23, 2024 |
| Wedbush | Taz Koujalgi | $120 | $99.99 | -45.8% | Nov 8, 2023 |
| Robert W. Baird | William Power | $84 | $80.82 | -62.0% | Oct 30, 2023 |
| Citigroup | Tyler Radke | $191 | $93.58 | -13.7% | Aug 22, 2023 |
| Mizuho Securities | Gregg Moskowitz | $98 | $86.76 | -55.7% | Aug 9, 2023 |
| Needham | Mike Cikos | $75.76 | $75.27 | -65.8% | May 4, 2023 |
| Needham | Mike Cikos | $105 | $72.81 | -52.5% | Mar 31, 2023 |
| Barclays | Analyst unavailable | $83 | $65.94 | -62.5% | Jan 10, 2023 |
| Morgan Stanley | Analyst unavailable | $110 | $77.77 | -50.3% | Dec 19, 2022 |
| Wedbush | Analyst unavailable | $101 | $80.48 | -54.3% | Dec 15, 2022 |
| BTIG | Gray Powell | $104 | $75.01 | -53.0% | Nov 3, 2022 |
| Rosenblatt Securities | Blair Abernethy | $120 | $75.01 | -45.8% | Nov 3, 2022 |
| Needham | Mike Cikos | $90 | $75.01 | -59.3% | Nov 3, 2022 |
| Needham | Mike Cikos | $135 | $82.34 | -39.0% | Oct 20, 2022 |
| Robert W. Baird | William Power | $120 | $93.57 | -45.8% | Sep 20, 2022 |
| Mizuho Securities | Gregg Moskowitz | $130 | $105 | -41.2% | Aug 24, 2022 |
| KeyBanc | Michael Turits | $127 | $113.35 | -42.6% | Aug 5, 2022 |
| Needham | Mike Cikos | $145 | $86.64 | -34.5% | Jun 14, 2022 |
| Jefferies | Brent Thill | $125 | $93.95 | -43.5% | May 23, 2022 |
| Morgan Stanley | Sanjit Singh | $159 | $110 | -28.1% | May 8, 2022 |
| Mizuho Securities | Gregg Moskowitz | $175 | $114 | -20.9% | May 6, 2022 |
| Rosenblatt Securities | Blair Abernethy | $180 | $120.2 | -18.6% | May 3, 2022 |
| Barclays | Raimo Lenschow | $190 | $122.29 | -14.1% | Apr 25, 2022 |
| KeyBanc | Michael Turits | $160 | $118.4 | -27.7% | Apr 25, 2022 |
| Truist Financial | Joel Fishbein | $200 | $146.84 | -9.6% | Mar 27, 2022 |
| Goldman Sachs | Kash Rangan | $250 | $158.94 | +13.0% | Feb 22, 2022 |
| Rosenblatt Securities | Blair Abernethy | $195 | $174.6 | -11.8% | Feb 10, 2022 |
| J.P. Morgan | Sterling Auty | $200 | $174.6 | -9.6% | Feb 10, 2022 |
| Needham | Mike Cikos | $190 | $174.6 | -14.1% | Feb 10, 2022 |
| Robert W. Baird | Jonathan Ruykhaver | $190 | $174.6 | -14.1% | Feb 10, 2022 |
| Barclays | Raimo Lenschow | $210 | $174.6 | -5.1% | Feb 10, 2022 |
| Jefferies | Brent Thill | $220 | $174.6 | -0.5% | Feb 10, 2022 |
| Monness | Brian White | $228 | $174.6 | +3.1% | Feb 10, 2022 |
| Stifel Nicolaus | Brad Reback | $195 | $185.51 | -11.8% | Nov 5, 2021 |
| Loop Capital Markets | Yun Kim | $230 | $185.51 | +4.0% | Nov 5, 2021 |
| Wells Fargo | Andrew Nowinski | $80 | $77.29 | -63.8% | May 7, 2021 |
Track every rating change on DDOG the moment it posts. Free to start.
Start freeMarket reaction
prior-close to event-session close
Stock move
+31.3%
Event window
SPY move
-0.3%
Same window
Abnormal move
+31.6%
Stock minus SPY
Volume
4.9×
Versus trailing sessions
Subsequent drift
+24.0%
Up to 20 sessions
DDOGSPY benchmark
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Try FN2 freeTranscript intelligence
What changed
Q1 2026 revenue reached $1.01 billion (up 32% YoY), surpassing the $960M consensus estimate by 4.8%. EPS of $0.60 beat the $0.508 estimate by 18.1%. Total ARR exceeded $4 billion. Both AI-native and non-AI customer cohorts accelerated, with gross revenue retention in the high 90s and net revenue retention in the low 120s. The stock surged approximately 32% on the report, with volume nearly 5x the baseline, and continued to drift higher by roughly 24% in the subsequent period.
Guidance delta
FY2026 revenue guidance was raised from $4.06-$4.10B to $4.3-$4.34B. Operating margin guidance increased from approximately 21% to 22-23%. Q2 2026 revenue guided to $1.07-$1.08B. Management's guidance sentiment was maintained, reflecting confidence in the updated trajectory.
Key takeaways
- Q1 revenue of $1.01B (+32% YoY) marked Datadog's first $1B quarter, with ARR surpassing $4B.
- AI-native and non-AI customer cohorts both accelerated; gross retention remained in the high 90s with net retention above 120%.
- New AI-driven products launched including MCP Server, Bits AI Security Agent, GPU Monitoring, and Experiments.
- Large AI-lab deals included 7- and 8-figure contracts with leading tech and financial firms.
- FedRAMP High certification received, opening federal agency opportunities; new UK data center announced.
Management priorities
- Roll out additional AI-focused features including expanded LLM observability ahead of the DASH conference in June.
- Deploy the new UK data center and pursue further regulatory certifications for public-sector expansion.
- Expand cloud-prem (on-prem) offerings to address data residency requirements.
- Continue broadening the platform with more products reaching $100M ARR milestones.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-07-29T06:03:21.231637+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-07-29T06:03:21.228725+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated . For educational purposes only; not investment advice.