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Datadog (DDOG)

Datadog is the monitoring and security platform for cloud applications. Its SaaS platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide unified, real-time observability of its customers' entire technology stack. Datadog is used by organizations of all sizes and across a wide range of industries to enable digital transformation and cloud migration, drive collaboration among development, operations, security and business teams, accelerate time to market for applications, reduce time to problem resolution, secure applications and infrastructure, understand user behavior and track key business metrics.

Company profile

Ticker
DDOG, 0A3O
Exchange
CEO
Olivier Pomel
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
Datadog France SAS • Datadog Holding Limited • Datadog Germany GmbH • Datadog Ireland Limited • DDog Singapore PTE. LTD. • Datadog Ireland Limited Australia • Datadog Netherlands BV • Datadog Services Canada, Inc. ...
IRS number
272825503

DDOG stock data

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

6 May 22
17 May 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 275.11M 275.11M 275.11M 275.11M 275.11M 275.11M
Cash burn (monthly) (no burn) 8.18M (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) n/a 12.72M n/a n/a n/a n/a
Cash remaining n/a 262.39M n/a n/a n/a n/a
Runway (months of cash) n/a 32.1 n/a n/a n/a n/a

Beta Read what these cash burn values mean

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Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
11 May 22 Kerry Acocella Class A Common Stock Sell Dispose S No No 100.91 2,044 206.26K 45,071
9 May 22 Shardul Shah Class A Common Stock Sell Dispose S Yes No 107.94 85 9.17K 0
9 May 22 Shardul Shah Class A Common Stock Sell Dispose S Yes No 106.2875 335 35.61K 85
9 May 22 Shardul Shah Class A Common Stock Sell Dispose S Yes No 104.9658 270 28.34K 420
9 May 22 Shardul Shah Class A Common Stock Sell Dispose S Yes No 103.8791 922 95.78K 690
9 May 22 Shardul Shah Class A Common Stock Sell Dispose S Yes No 103.085 503 51.85K 1,612
9 May 22 Shardul Shah Class A Common Stock Sell Dispose S Yes No 101.8433 1,006 102.45K 2,115
9 May 22 Shardul Shah Class A Common Stock Sell Dispose S Yes No 100.7981 1,341 135.17K 3,121
9 May 22 Shardul Shah Class A Common Stock Sell Dispose S Yes No 99.7706 1,425 142.17K 4,462
9 May 22 Shardul Shah Class A Common Stock Sell Dispose S Yes No 98.66 1,753 172.95K 5,887
88.9% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 666 575 +15.8%
Opened positions 168 135 +24.4%
Closed positions 77 38 +102.6%
Increased positions 248 205 +21.0%
Reduced positions 159 140 +13.6%
13F shares Current Prev Q Change
Total value 41.7B 34.28B +21.6%
Total shares 251.56M 262.49M -4.2%
Total puts 10.03M 8.85M +13.4%
Total calls 9.26M 8.38M +10.4%
Total put/call ratio 1.1 1.1 +2.7%
Largest owners Shares Value Change
Vanguard 22.17M $3.95B +7.7%
Enfield Investments 17.67M $3.15B -4.9%
MS Morgan Stanley 16.71M $2.98B +5.8%
TROW T. Rowe Price 15.44M $2.75B -18.6%
BLK Blackrock 14.21M $2.53B +18.4%
Iconiq Strategic Partners Ii 13.12M $0 -25.3%
Meritech Capital Partners V 8.38M $824.95M 0.0%
Index Ventures VI 7.06M $1.26B -66.0%
Baillie Gifford & Co 6.67M $1.19B +0.0%
Tiger Global Management 5.3M $944.47M +1.2%
Largest transactions Shares Bought/sold Change
Index Ventures VI 7.06M -13.69M -66.0%
Iconiq Strategic Partners Ii 13.12M -4.45M -25.3%
Whale Rock Capital Management 0 -3.88M EXIT
TROW T. Rowe Price 15.44M -3.53M -18.6%
FMR 4.26M +2.34M +121.7%
BLK Blackrock 14.21M +2.21M +18.4%
ICONIQ Capital 4.57M -2.09M -31.4%
Norges Bank 2.02M +2.02M NEW
Capital Research Global Investors 4.64M +1.87M +67.4%
Durable Capital Partners 1.91M +1.82M +1964.2%

Financial report summary

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Risks
  • The ongoing COVID-19 pandemic and any related economic downturn could negatively impact our business, financial condition and results of operations.
  • Unfavorable conditions in our industry or the global economy, or reductions in information technology spending, could limit our ability to grow our business and negatively affect our results of operations.
  • Our recent rapid growth may not be indicative of our future growth. Our rapid growth also makes it difficult to evaluate our future prospects and may increase the risk that we will not be successful.
  • We have a history of operating losses and may not achieve or sustain profitability in the future.
  • We have a limited operating history, which makes it difficult to forecast our future results of operations.
  • We may require additional capital to support the growth of our business, and this capital might not be available on acceptable terms, if at all.
  • Our business depends on our existing customers purchasing additional subscriptions and products from us and renewing their subscriptions. If our customers do not renew or expand their subscriptions with us, our future operating results would be harmed.
  • If we are unable to attract new customers, our business, financial condition and results of operations will be adversely affected.
  • Failure to effectively develop and expand our sales and marketing capabilities could harm our ability to increase our customer base and achieve broader market acceptance of our products.
  • If we or our third-party service providers experience, or are unable to protect against cyber attacks, ransomware, security incidents, or security breaches, or if unauthorized parties otherwise obtain access to our customers’ data, our data, or our platform and information technology systems, then our solution may be perceived as not being secure, our reputation may be harmed, demand for our platform and products may be reduced, and we may incur significant liabilities or additional expenses.
  • Interruptions or performance problems associated with our products and platform capabilities may adversely affect our business, financial condition and results of operations.
  • We may not be able to successfully manage our growth, and if we are not able to grow efficiently, our business, financial condition and results of operations could be harmed.
  • We rely upon third-party providers of cloud-based infrastructure to host our products. Any disruption in the operations of these third-party providers, limitations on capacity or interference with our use could adversely affect our business, financial condition and results of operations.
  • We offer free trials and a free tier of our platform to drive developer awareness of our products, and encourage usage and adoption. If these marketing strategies fail to lead to customers purchasing paid subscriptions, our ability to grow our revenue will be adversely affected.
  • We expect fluctuations in our financial results, making it difficult to project future results, and if we fail to meet the expectations of securities analysts or investors with respect to our results of operations, our stock price could decline.
  • Seasonality may cause fluctuations in our sales and results of operations.
  • Downturns or upturns in our sales may not be immediately reflected in our financial position and results of operations.
  • We target enterprise customers, and sales to these customers involve risks that may not be present or that are present to a lesser extent with sales to smaller entities.
  • If we fail to retain and motivate members of our management team or other key employees, or fail to attract additional qualified personnel to support our operations, our business and future growth prospects would be harmed.
  • If we fail to maintain and enhance our brand, our ability to expand our customer base will be impaired and our business, financial condition and results of operations may suffer.
  • If we cannot maintain our company culture as we grow, our success and our business and competitive position may be harmed.
  • If we fail to offer high-quality support, our reputation could suffer.
  • Acquisitions, strategic investments, partnerships, or alliances could be difficult to identify, pose integration challenges, divert the attention of management, disrupt our business, dilute stockholder value, and adversely affect our business, financial condition and results of operations.
  • If we fail to adapt and respond effectively to rapidly changing technology, evolving industry standards, changing regulations, or to changing customer needs, requirements or preferences, our platform and products may become less competitive.
  • The markets in which we participate are competitive, and if we do not compete effectively, our business, financial condition and results of operations could be harmed.
  • The market for our solutions may develop more slowly or differently than we expect.
  • We typically provide service-level commitments under our subscription agreements. If we fail to meet these contractual commitments, we could be obligated to provide credits for future service or face subscription termination with refunds of prepaid amounts, which would lower our revenue and harm our business, financial condition and results of operations.
  • Indemnity provisions in various agreements to which we are party potentially expose us to substantial liability for infringement, misappropriation or other violation of intellectual property rights, data protection and other losses.
  • We and our third-party service providers are subject to stringent and changing laws, regulations and standards, and contractual obligations related to data privacy and security. Actual or perceived failure by us or our third-party service providers to comply with such laws, regulations, standards, or contractual obligations could harm our business.
  • We are subject to anti-corruption, anti-bribery, anti-money laundering, and similar laws, and non-compliance with such laws can subject us to criminal or civil liability and harm our business, financial condition and results of operations.
  • Sales to government entities and highly regulated organizations are subject to a number of challenges and risks.
  • We are subject to governmental export and import controls that could impair our ability to compete in international markets or subject us to liability if we violate the controls.
  • Any future litigation against us could be costly and time-consuming to defend.
  • We could be required to collect additional sales taxes or be subject to other tax liabilities that may increase the costs our clients would have to pay for our products and adversely affect our results of operations.
  • Our ability to use our net operating losses to offset future taxable income may be subject to certain limitations.
  • Changes in our effective tax rate or tax liability may have an adverse effect on our results of operations.
  • Our reported financial results may be adversely affected by changes in accounting principles generally accepted in the United States.
  • If our estimates or judgments relating to our critical accounting policies prove to be incorrect, our results of operations could be adversely affected.
  • Any failure to obtain, maintain, protect or enforce our intellectual property and proprietary rights could impair our ability to protect our proprietary technology and our brand.
  • We may become subject to intellectual property disputes, which are costly and may subject us to significant liability and increased costs of doing business.
  • We use open source software in our products, which could negatively affect our ability to sell our services or subject us to litigation or other actions.
  • Our current operations are international in scope, and we plan further geographic expansion, creating a variety of operational challenges.
  • We are exposed to fluctuations in currency exchange rates, which could negatively affect our results of operations.
  • Our international operations may subject us to potential adverse tax consequences.
  • Our stock price may be volatile, and the value of our Class A common stock may decline.
  • The dual class structure of our common stock has the effect of concentrating voting control with holders of our Class B common stock, including our executive officers, directors and their affiliates, which will limit the ability of holders of our Class A common stock to influence the outcome of important transactions.
  • We cannot predict the impact our dual class structure may have on the market price of our Class A common stock.
  • Future sales of our Class A common stock in the public market could cause the market price of our Class A common stock to decline.
  • Our issuance of additional capital stock in connection with financings, acquisitions, investments, our equity incentive plans or otherwise will dilute all other stockholders.
  • If securities or industry analysts cease publishing research or publish unfavorable or inaccurate research about our business, or if we fail to meet or significantly exceed our publicly announced financial guidance or the expectations of analysts or public investors, the market price and trading volume of our Class A common stock could decline.
  • We do not intend to pay dividends for the foreseeable future.
  • We will continue to incur increased costs as a result of operating as a public company, and our management will be required to continue to devote substantial time to compliance with our public company responsibilities and corporate governance practices.
  • We are obligated to develop and maintain proper and effective internal controls over financial reporting, and any failure to maintain the adequacy of these internal controls may adversely affect investor confidence in our company and, as a result, the value of our Class A common stock.
  • Anti-takeover provisions in our charter documents and under Delaware law could make an acquisition of our company more difficult, limit attempts by our stockholders to replace or remove our current management and limit the market price of our Class A common stock.
  • Our amended and restated certificate of incorporation designates the Court of Chancery of the State of Delaware and the federal district courts of the United States of America as the exclusive forums for substantially all disputes between us and
  • our stockholders, which could restrict our stockholders’ ability to choose the judicial forum for disputes with us or our directors, officers, or employees.
  • We may not have sufficient cash flow from our business to make payments on our significant debt when due, and we may incur additional indebtedness in the future.
  • The conditional conversion feature of the 2025 Notes may adversely affect our financial condition and operating results.
  • The capped call transactions may affect the value of the 2025 Notes and our Class A common stock.
  • We are subject to counterparty risk with respect to the capped call transactions.
Management Discussion
  • (1)Certain items may not total due to rounding.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Good
New words: absent, accidental, advertising, APAC, billion, conflict, ecosystem, EMEA, facility, fifteen, focusing, inflation, military, practice, resumed, Russia, scrutiny, subsequent, Ukraine, unlawful, unused, Utah, war
Removed: adjusted, affiliate, Africa, allocate, American, August, bank, bifurcation, BMC, cancelling, capitalization, closed, Commerce, Commissioner, complementary, deduction, Department, Disaster, draft, East, emerging, enactment, enhanced, existed, expenditure, expensing, facilitating, family, financed, inactive, Justice, leave, main, medical, Micro, Middle, modified, narrow, opined, Originally, planned, plc, reclassification, referred, regularly, relief, reopen, Rescue, retrospective, reviewed, rollforward, ruling, selectively, separately, separation, Shield, site, spent, structured, taxation, Taxpayer, territorial, unclear, unconsolidated, underwriting, utilization, viable, wholly

Patents

Utility
Apparatus and method for simultaneous multi-user screen and window sharing, capturing and coordination to form a collaboration recording
17 May 22
A non-transitory computer readable storage medium has instructions executed by a processor to host a composite window collection for a group of collaborators.
Utility
Generating data structures representing relationships among entities of a high-scale network infrastructure
3 May 22
A data structure is provided that identifies relationships between entities of an infrastructure of a computing system and that is configured to update in response to changes in the infrastructure of the computing system.
Utility
Systems and techniques for adaptive identification and prediction of data anomalies, and forecasting data trends across high-scale network infrastructures
22 Feb 22
An anomaly detection platform can be used to monitor the operation performed on or by a computer system to identify potentially anomalous conditions.
Utility
Transforming a data stream into structured data
1 Feb 22
A method for processing a data stream to identify a structure of the data stream includes receiving the data stream a sequence of characters, retrieving a set of rules for encoding characters into at least one token, and parsing the data stream.
Utility
Generating Compact Data Structures for Monitoring Data Processing Performance Across High Scale Network Infrastructures
25 Nov 21
A compact data structure generation engine can be used to generate a compact data structure that represents performance data for high-scale networks.