Datadog, Inc.

Company facts

Industry

Services-Prepackaged Software

Headquarters

New York, New York

Most recent report

10-Q, filed Nov 4, 2026

Incorporated

Nevada

Filings on record

1,001+ filings

On EDGAR

CIK 1561550

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Sep 2026 10-Q

SECSift found 4 of 13 sections worth reading, with 1 positive, 17 notable, and 3 negative flags.

• Financial Statements (Item 1)

  Financial statements and notes: balance sheet, cash flow, debt, acquisitions, leases, stock comp, and concentration.
  Notable

  • Company reincorporated from Delaware to Nevada on April 21, 2026.
  • Three acquisitions in 2026 cost $191.5M total, adding $179.3M goodwill and $10.5M intangibles.
  • Future lease commitments not yet commenced total $321.3M, with a weighted-average lease term of 9.0 years.
  • Remaining performance obligations were $3,847.7M as of September 30, 2026, up from $3,461.2M at year-end 2025.
  • Class B shares carry 10 votes each; 23.8M Class B shares outstanding give holders significant control.
  • Unrecognized compensation cost for RSUs and restricted shares is $2,016.8M as of September 30, 2026.

• Management's Discussion (Item 2)

  MD&A with detailed financial results, customer metrics, and a disclosed risk from largest customer usage reduction.
  Positive

  • Customers using 4+ products rose to 61% from 54% a year ago; 8+ products to 26% from 16%.
  Notable

  • Customers with ARR of $100K+ grew to 4,860 (91% of ARR) from 4,060 (89%) a year ago.
  • Dollar-based net retention rate was low-120%'s as of September 30, 2026, up from about 120% a year ago.
  • International revenue was 27% of total for nine months ended September 30, 2026, down from 29% a year ago.
  • Issued $1.0B aggregate principal of 2029 Notes in December 2024, net proceeds ~$979.1M.
  Negative

  • Largest customer reduced usage in Q3 2026, may decelerate revenue growth. No customer name or revenue share given.

• Risk Factors (Item 1A)

  Company-specific risks: largest customer usage drop, AI-native cohort concentration, April 2025 source code breach.
  Notable

  • Revenue was $3.3B and $2.5B for nine months ended Sep 30, 2026 and 2025, respectively; growth rate slowing.
  • AI-native cohort contributed high single-digit percentage points to total year-over-year revenue growth in Q3 2026.
  • NOL carryforwards: $340.2M federal, $474.2M state as of Dec 31, 2025; state NOLs begin expiring in 2028.
  • Class B stock (10 votes/share) held ~41% voting power as of Sep 30, 2026, concentrating control with insiders.
  Negative

  • Largest customer reduced usage in Q3 2026; AI-native cohort may optimize or fail to renew, risking revenue.
  • April 2025: unauthorized third party accessed Datadog source code repositories via compromised employee credentials.

• Other Information (Item 5)

  CEO terminated a large 10b5-1 plan; COO and director adopted new plans with specific share counts.
  Notable

  • CEO terminated a plan for up to 1,525,692 shares, which could signal a change in his selling intentions.
  • COO adopted a plan to sell up to 161,617 shares, a significant portion of his likely holdings.
  • Director Amit Agarwal adopted a plan to sell 100,000 shares via a family trust.

What changed: Sep 2026 vs. Jun 2026

About 1% of DDOG's Sep 2026 10-Q is new information. 5 paragraphs were added, 120 changed, and 5 removed. Below are the most important lines SECSift identified.

• Item 1 37
• Item 2 26
• Item 5 6
• Item 1A 5
• Item 6 2
• Item 3 1
• Item 4 1