Datadog, Inc. (DDOG) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that Datadog, Inc. surfaced in its latest filing.

• Revenue was $2.1 billion for the six months ended June 30, 2026.June 30, 2026
• Revenue was $1.6 billion for the six months ended June 30, 2025.June 30, 2025
• Net loss of $(50.2) million in the year ended December 31, 2022.December 31, 2022
• First profitable year was the year ended December 31, 2023.December 31, 2023
• AI-native cohort, including largest customer, contributed high single digit percentage points to total Company year-over-year revenue growth for the quarter ended June 30, 2026.June 30, 2026
• Beginning in the third quarter of 2026, our largest customer reduced their usage.third quarter of 2026
• In April 2025, unauthorized third party accessed Datadog source code repositories via compromised employee credentials.April 2025
• In March 2023, widespread platform outages occurred across multiple products and regions, substantially resolved in approximately a day.March 2023
• European Union's Artificial Intelligence Act came into effect in August 2024.August 2024
• CCPA effective January 1, 2020, granting California residents expanded rights and private right of action for certain breaches.January 1, 2020
• CPRA amendments to CCPA effective January 1, 2023, granting right to limit use of sensitive personal information and establishing California Privacy Protection Agency.January 1, 2023
• New comprehensive state privacy laws going into effect over the next several years.
• Supreme Court decision in South Dakota v. Wayfair, Inc. allowed states to require out-of-state sellers to collect sales tax.
• $340.2 million federal NOLs and $474.2 million state NOLs as of December 31, 2025; state NOLs begin expiring in 2028.December 31, 2025
• U.S. Tax Cuts Jobs Act, Inflation Reduction Act, and One Big Beautiful Bill Act (OBBBA) changes.
• OECD Pillar Two global minimum tax of 15% introduced; side-by-side arrangement may exempt U.S. operations from certain rules effective fiscal years beginning on or after January 1, 2026.January 1, 2026
• Revenue from outside North America was 27% and 29% for the six months ended June 30, 2026 and 2025.June 30, 2026
• As of June 30, 2026, approximately 45% of full-time employees were outside the United States, 33% of whom were in France.June 30, 2026
• Dual class structure: Class B common stock has ten votes per share, Class A has one vote; as of June 30, 2026, Class B represented approximately 42% of voting power.June 30, 2026
• Issued 0.00% Convertible Senior Notes due 2029 in a private placement in December 2024.December 2024
• Entered into capped call transactions covering shares of Class A common stock initially underlying the 2029 Notes.