DDOG Q1 2025 Earnings — Income Statement Breakdown

For its Q1 2025 period (ending 2025-03-31), DDOG reported revenue of $762M, gross profit of $604M (79.3% gross margin), operating income of −$12M, and net income of $25M (3.2% net margin). The flow of revenue into costs and profit is visualized below.

What changed

DDOG was profitable; revenue grew 24.6% year over year.

ComparisonRevenueNet incomeNet margin
Year over year+24.6%−42.2%−3.7 pp
Quarter over quarter+3.2%−46.0%−2.9 pp

Consensus estimate data is not available for this report.

DDOG Q1 2025 Income Statement

DDOG Q1 2025 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$762M100%
Cost of Revenue−$158M20.7%
Gross Profit$604M79.3%
Research & Development−$341M44.8%
Selling, General & Administrative−$275M36.1%
Operating Income−$12M-1.6%
Interest Expense−$3M0.4%
Other Income, net$47M6.2%
Income Tax Expense−$7M0.9%
Net Income$25M3.2%

Source: original SEC filing (filed 2025-05-06). Accession 0001561550-25-000118. Data normalized by EarningsFyi.