DDOG Q3 2023 Earnings — Income Statement Breakdown
For its Q3 2023 period (ending 2023-09-30), DDOG reported revenue of $548M, gross profit of $444M (81.1% gross margin), operating income of −$4M, and net income of $23M (4.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
DDOG was profitable; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
DDOG Q3 2023 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $548M | 100% |
| Cost of Revenue | −$103M | 18.9% |
| Gross Profit | $444M | 81.1% |
| Research & Development | −$240M | 43.9% |
| Selling, General & Administrative | −$208M | 38.0% |
| Operating Income | −$4M | -0.8% |
| Interest Expense | −$1M | 0.2% |
| Other Income, net | $29M | 5.2% |
| Income Tax Expense | $2M | 0.3% |
| Net Income | $23M | 4.1% |
Source: original SEC filing (filed 2023-11-07). Accession 0001561550-23-000053. Data normalized by EarningsFyi.