DDOG Q4 2023 Earnings — Income Statement Breakdown
For its Q4 2023 period (ending 2023-12-31), DDOG reported revenue of $590M, gross profit of $485M (82.2% gross margin), operating income of $28M, and net income of $54M (9.2% net margin). The flow of revenue into costs and profit is visualized below.
What changed
DDOG was profitable; revenue grew 7.7% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +7.7% | +138.6% | +5.0 pp |
Consensus estimate data is not available for this report.
DDOG Q4 2023 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $590M | 100% |
| Cost of Revenue | −$105M | 17.8% |
| Gross Profit | $485M | 82.2% |
| Research & Development | −$253M | 42.9% |
| Selling, General & Administrative | −$204M | 34.6% |
| Operating Income | $28M | 4.7% |
| Interest Expense | −$1M | 0.2% |
| Other Income, net | $31M | 5.2% |
| Income Tax Expense | −$3M | 0.6% |
| Net Income | $54M | 9.2% |
Source: original SEC filing (filed 2024-02-13). Accession 0001561550-24-000004. Data normalized by EarningsFyi.