Datadog (DDOG) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Datadog published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Datadog reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Datadog reports in thousands of dollars; figures here are converted to millions. Datadog has a single reportable segment, so the table shows revenue by the customer's billing address from the 10-Q.
• Datadog's 10-Q says usage from its largest customer fell in Q3 2026, which may cause a deceleration in revenue growth.

Source: Datadog Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Datadog splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Datadog's North America revenue was $881 million in Q3 2026, up 39% from $634 million in Q3 2025, 74% of total revenue.
• Datadog's International revenue was $316 million in Q3 2026, up 25% from $252 million in Q3 2025, 26% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Datadog lists its outlook as bullet points. The first three quotes are for Q4 2026 and the last is for full year 2026.

In its Q3 2026 release, Datadog said:

“Revenue between $1.19 billion and $1.20 billion.”

“Non-GAAP operating income between $280 million and $290 million.”

“Non-GAAP net income per share between $0.69 and $0.71, assuming approximately 379 million weighted average diluted shares outstanding.”

“Revenue between $4.515 billion and $4.525 billion.”

Source: Datadog Q3 2026 release, Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the DDOG forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS, each as first reported in that quarter's release, converted from thousands to millions.

We do not hold a confirmed date for Datadog's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 4, 2026

Datadog sells an observability and security platform of more than 20 products on subscriptions, with ARR built from committed contract amounts, additional usage and monthly subscriptions. Q3 2026 revenue was $1,197.1 million, up 35% from $885.7 million. Datadog says about 70% of the increase came from existing customers and 30% from new ones. (Datadog Q3 2026 release, Nov 4, 2026; Datadog Form 10-Q, Q3 2026, Nov 4, 2026)

About 86% of Datadog's customers used two or more of its products at September 30, 2026, 61% used four or more (up from 54%), 26% used eight or more (up from 16%) and 16% used ten or more (up from 8%). The trailing 12-month dollar-based net retention rate was in the low-120%'s, up from about 120% a year earlier. (Datadog Form 10-Q, Q3 2026, Nov 4, 2026)

Datadog had about 4,860 customers with ARR of $100,000 or more, representing 91% of ARR, out of about 33,500 customers in total. Its AI-native cohort, which includes its largest customer, contributed high single digit percentage points to year-over-year revenue growth in the quarter, and the 10-Q says usage from that largest customer fell in Q3 2026, which may cause a deceleration in revenue growth. (Datadog Q3 2026 release, Nov 4, 2026; Datadog Form 10-Q, Q3 2026, Nov 4, 2026)

By billing address, North America produced $881.4 million of Datadog's Q3 2026 revenue, $844.6 million of it from the United States, and international customers $315.7 million. (Datadog Form 10-Q, Q3 2026, Nov 4, 2026)

Datadog's GAAP diluted EPS was $0.32 in Q3 2026 and non-GAAP EPS was $0.81. Most of the difference is stock-based compensation of $237.2 million, followed by $18.9 million of employer payroll taxes on employee stock transactions, $2.4 million of acquired intangible amortization, $1.1 million of M&A transaction costs and $1.1 million of convertible note issuance cost amortization. (Datadog Q3 2026 release, Nov 4, 2026)

Datadog's non-GAAP figures assume a provision at its long-term projected tax rate of 21%, a $74.6 million adjustment this quarter, while the GAAP provision was $6.3 million. The 10-Q puts the low GAAP rate down to a full valuation allowance on U.S. deferred tax assets and the effects of the One Big Beautiful Bill Act. (Datadog Q3 2026 release, Nov 4, 2026; Datadog Form 10-Q, Q3 2026, Nov 4, 2026)

Diluted weighted average shares were 375,014 thousand, up from 362,001 thousand a year earlier, and Datadog guides Q4 2026 non-GAAP EPS on about 379 million diluted shares. GAAP operating margin was 6% and non-GAAP operating margin 28%. (Datadog Q3 2026 release, Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Datadog gives a next-quarter and full-year outlook in each release. For Q4 2026 it guided revenue of $1.19 billion to $1.20 billion, non-GAAP operating income of $280 million to $290 million and non-GAAP EPS of $0.69 to $0.71. That revenue range sits around the $1,197.1 million reported for Q3 2026. (Datadog Q3 2026 release, Nov 4, 2026)

For full year 2026 Datadog expects revenue of $4.515 billion to $4.525 billion, non-GAAP operating income of $1.095 billion to $1.105 billion and non-GAAP EPS of $2.73 to $2.75. (Datadog Q3 2026 release, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover Datadog, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Datadog's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning DDOG is on is DDOG a buy or a sell?, what analysts expect next is on the DDOG forecast, and what the company does is on the Datadog (DDOG) stock page.

Every number on this page can be traced to a document Datadog published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.