DDOG Q4 2024 Earnings — Income Statement Breakdown

For its Q4 2024 period (ending 2024-12-31), DDOG reported revenue of $738M, gross profit of $594M (80.5% gross margin), operating income of $9M, and net income of $46M (6.2% net margin). The flow of revenue into costs and profit is visualized below.

What changed

DDOG was profitable; revenue grew 25.1% year over year.

ComparisonRevenueNet incomeNet margin
Year over year+25.1%−15.6%−3.0 pp
Quarter over quarter+6.9%−11.8%−1.3 pp

Consensus estimate data is not available for this report.

DDOG Q4 2024 Income Statement

DDOG Q4 2024 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$738M100%
Cost of Revenue−$144M19.5%
Gross Profit$594M80.5%
Research & Development−$316M42.9%
Selling, General & Administrative−$268M36.3%
Operating Income$9M1.3%
Interest Expense−$3M0.4%
Other Income, net$44M6.0%
Income Tax Expense−$8M1.1%
Net Income$46M6.2%

Source: original SEC filing (filed 2025-02-13). Accession 0001561550-25-000017. Data normalized by EarningsFyi.