Datadog Inc (0A3O.L) Q4 2024 Earnings Report

Datadog Inc delivered a solid fourth quarter of calendar year 2024 (QQ4 2024) with revenue of $737.7 million, up 25.1% year over year and 6.9% quarter over quarter. The gross margin remained robust at approximately 80.4%, underscoring a high-margin SaaS platform, while operating income remained modest at $9.4 million (operating margin ~1.27%), reflecting ongoing investments in R&D and go-to-market activities. Net income totaled $45.6 million (net margin ~6.18%), and earnings per diluted share stood at $0.13. Free cash flow was strong at $257.5 million, driving a net cash balance of roughly $1.25 billion and contributing to a sizable cash-and-investments position of over $4.2 billion in liquid assets. The quarter capped a year in which Datadog demonstrated durable revenue growth and substantial cash generation, even as operating profitability lagged peers due to continued investment in scale and product expansion.