EarningsQ2 2026 Earnings Report
MX:DDOG Q2 2026 EPS Results
Actual EPS$11.80
Consensus EPS$10.59
Beat/MissBeat by +$1.22
One Year Ago EPS$8.35
MX:DDOG Q2 2026 Revenue Results
Actual Revenue$20.37B
Expected Revenue$19.61B
Beat/MissBeat by +$757.39M
YoY Revenue Growth+35.64%
Earnings Announcement Details
QuarterQ2 2026
Date08/06/2026
TimeBefore Open
Conference CallThursday, August 6, 2026
MX:DDOG Upcoming Earnings
Datadog's next earnings date is estimated for November 5, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:DDOG Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a predominantly positive operational and financial picture: strong 36% YoY revenue growth, record sequential revenue added, robust cash generation, meaningful product and AI innovation, expanding customer monetization (more customers using multiple products and rising $100K+ customers), and strong bookings and retention metrics. Near-term conservatism in guidance is driven largely by a usage reduction at one very large customer and modest gross margin pressure from investments and event costs. Management emphasized accelerating demand across the broader customer base and derisked guidance to reflect the single‑customer variability.Company Guidance
Strong Revenue Growth and Beat
Revenue of $1.12B in Q2, up 36% year-over-year and above the high end of guidance.
Robust Sequential Performance and Record Additions
Quarter-over-quarter revenue growth of 11% (highest since Q2 2022) and a record sequential revenue added of $115M.
Expanding High-Value Customer Base
Total customers ~33,400 (up from ~31,400 YoY). Customers with ARR ≥ $100K were ~4,720 (up from ~3,850 YoY) and generate ~91% of ARR.
Strong Cash Generation and Balance Sheet
Free cash flow of $279M with a free cash flow margin of 25%; ended quarter with ~$5.0B in cash, cash equivalents and marketable securities.
Billings, RPO and Bookings Momentum
Billings $1.18B (+38% YoY); RPO $3.47B (+43% YoY) with current RPO up ~40% YoY. New-logo annualized bookings in enterprise more than doubled YoY; new customers contributed ~30% of YoY revenue growth (up from 25% in Q1).
Platform Adoption and Product Expansion
Platform cross-sell: 58% of customers use 4+ products (vs 52% a year ago); 37% use 6+ (vs 29%); 13% use 10+ (vs 7%). RUM exceeded $200M ARR and accelerated to >50% YoY growth.
Major Product & AI Innovation
Announced 100+ products/features at DASH including broad Bits AI expansions (DevOps, release, code, testing), Datadog for AI (Data Observability, Agent Observability, Agent Console), BYOC for logs (and expanding to metrics/traces), Infinite Cardinality Metrics, and security innovations (AI Guard, Runtime Prioritization Engine).
AI Customer Traction and Scale Deals
Over 750 AI customers; 31 customers spending >$1M annually (8 of those >$10M). Notable deal activity: multiyear >$30M TCV with a large online media company, several 7‑figure deals (neuro labs, bank, Fortune 100 health insurer) and a 9‑figure renewal with a leading AI company.
Healthy Retention and Margins
Trailing 12‑month net revenue retention in the low 120s, gross revenue retention in the mid‑ to high‑90s. Q2 non‑GAAP operating income $257M (23% operating margin).
Research & Strategic Investments
Toto v2 time series model shown state‑of‑the‑art; acquisition of Adaptive ML to accelerate research; continued R&D and go‑to‑market investments with visible returns.
MX:DDOG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed