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DATADOG Datadog Announces Third Quarter 2021 Financial Results November 4 , 2021 Third quarter revenue grew 75 % year - over - year to $ 270 million Strong growth of larger customers , with 1,800 $ 100k + ARR customers , up from 1,082 a year ago Announced ten new products and features at Dash NEW YORK , Nov. 4 , 2021 / PRNewswire / -- Datadog , Inc. ( NASDAQ : DDOG ) , the monitoring and security platform for cloud applications , today announced financial results for its third quarter ended September 30 , 2021 . 糕 DATADOG " We are pleased with our third quarter performance , with revenue growth accelerating to 75 % year - over - year . We saw broad - based strength across customer segments and products , " said Olivier Pomel , co - founder and CEO of Datadog . " Digital transformation and cloud migration continue to be transformational forces for companies of all sizes . " Pomel added , " With ten new products and major features announced at our annual user conference , Dash , we are continuing to innovate at a rapid pace . We are broadening our observability platform , further developing our Cloud Security Platform , and launching the general availability of CI Visibility , which represents a major step towards shift - left observability for developer workflows . " Third Quarter 2021 Financial Highlights : • Revenue was $ 270.5 million , an increase of 75 % year - over - year . • GAAP operating loss was $ ( 4.9 ) million ; GAAP operating margin was ( 2 ) % . • Non - GAAP operating income was $ 44.0 million ; non - GAAP operating margin was 16 % . • GAAP net loss per diluted share was $ ( 0.02 ) ; non - GAAP net income per diluted share was $ 0.13 . ● Operating cash flow was $ 67.4 million , with free cash flow of $ 57.1 million . • Cash , cash equivalents , restricted cash , and marketable securities were $ 1.5 billion as of September 30 , 2021 . Third Quarter & Recent Business Highlights : • As of September 30 , 2021 , we had 1,800 customers with ARR of $ 100,000 or more , an increase of 66 % from 1,082 as of September 30 , 2020 . • Announced ten new products and features at our annual user conference , Dash . Product announcements included : ■ The general availability of CI Visibility , to help customers gain visibility into their developer tests and pipelines . ■ The general availability of Session Replay , a new product in our Real User Monitoring suite , through which customers can watch individual user sessions using a video - like interface . ■ The general availability of Funnel Analysis , to track user behavior through conversion funnels . ■ The general availability of Network Device Monitoring , enabling customers to automatically discover and monitor on - premise network devices and appliances . ■ The general availability of Datadog Apps , which allows partners to add new functionality and deeper integrations to the Datadog platform , including new visualizations and custom interactions . ■ The introduction of Online Archives for Log Management , a warehousing solution with long - term archival and online query