Datadog's first quarter revenue grew 32% to $1.01 billion, handily beating expectations.

Datadog reported first quarter revenue of $1.006 billion, a year-over-year increase of 32%, and non-GAAP EPS of $0.60, both exceeding analyst estimates. The company also raised its full-year 2026 revenue guidance.

Key Highlights

• Revenue growth accelerated to 32% year-over-year, reaching $1.006 billion for the quarter.
• The number of large customers continues to expand, with those generating $100,000 or more in ARR growing 21% year-over-year to approximately 4,550.
• Profitability remained strong, with the company generating $289 million in free cash flow, representing a 29% margin.