Datadog Q4 revenue rises 26% to $589.6 million; GAAP net income turns positive
Datadog reported fourth-quarter 2023 revenue of $589.6 million, up 26% from a year earlier, and full-year 2023 revenue of $2.13 billion, up 27%. GAAP net income for the quarter was $54.0 million, compared with a loss of $29.0 million in the same quarter of 2022. The company also gave 2024 guidance of $2.555 billion to $2.575 billion in full-year revenue and $587 million to $591 million in first-quarter revenue.
Key points
- Q4 2023 revenue was $589.6 million, up 26% year-over-year; GAAP diluted EPS was $0.15 versus a loss of $0.09 a year earlier.
- Full-year 2023 revenue was $2.13 billion, up 27%, with operating cash flow of $660.0 million and free cash flow of $597.5 million.
- First-quarter 2024 revenue outlook is $587 million to $591 million; full-year 2024 revenue outlook is $2.555 billion to $2.575 billion.
- Customers with ARR of $1 million or more rose to 396 from 317 a year earlier, a 25% increase.
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 13, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.