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Jun 30, 2024
Datadog Q2 2024 Earnings Report
Datadog's Q2 2024 earnings showcased strong financial performance and innovation.
Key Takeaways
Datadog reported a 27% year-over-year revenue growth, reaching $645 million in Q2 2024. The company saw continued customer growth and expanded multi-product adoption. They also announced several new products and capabilities at their DASH 2024 user conference.
Revenue increased by 27% year-over-year, totaling $645 million.
GAAP operating income was $13 million, representing a 2% operating margin.
Non-GAAP operating income reached $158 million, with a 24% operating margin.
The number of customers with ARR of $100,000 or more grew by 13% year-over-year, reaching approximately 3,390.
Forward Guidance
Datadog anticipates revenue between $660 million and $664 million for Q3 2024. They also expect non-GAAP operating income between $146 million and $150 million, and non-GAAP net income per share between $0.38 and $0.40.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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