Overview
- Datadog, which reported results Thursday, saw its shares jump roughly 30% after topping forecasts and crossing $1 billion in quarterly revenue for the first time.
- Quarterly revenue rose 32% to about $1.01 billion and adjusted earnings hit $0.60 per share, while GAAP net income was $52.6 million, or $0.14 per share.
- Guidance moved higher with Q2 revenue projected at $1.07–$1.08 billion and adjusted EPS at $0.57–$0.59, and full-year revenue now set at $4.30–$4.34 billion with EPS at $2.36–$2.44.
- Management and analysts pointed to surging demand for monitoring and securing AI workloads, and Datadog expanded related tools including GPU Monitoring, Datadog Experiments, the Bits AI Security Analyst, and its MCP Server for AI coding agents.
- The company secured FedRAMP High certification, a U.S. government standard that lets approved vendors handle sensitive unclassified federal workloads, which positions Datadog to onboard agencies in the coming weeks and expand its public‑sector business.