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Side-by-side financial comparison of TopBuild Corp (BLD) and Datadog (DDOG). Click either name above to swap in a different company.
TopBuild Corp is the larger business by last-quarter revenue ($1.5B vs $953.2M, roughly 1.6× Datadog). TopBuild Corp runs the higher net margin — 7.0% vs 4.9%, a 2.2% gap on every dollar of revenue. On growth, Datadog posted the faster year-over-year revenue change (29.2% vs 13.2%). Datadog produced more free cash flow last quarter ($318.2M vs $159.4M). Over the past eight quarters, Datadog's revenue compounded faster (24.9% CAGR vs 7.8%).
HashiCorp, Inc. is an American software company with a freemium business model based in San Francisco, California. HashiCorp provides tools and products that enable developers, operators and security professionals to provision, secure, run and connect cloud-computing infrastructure. It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company name HashiCorp is a portmanteau of co-founder last name Hashimoto and Corporation.
Datadog, Inc. is an American company that provides an observability service for cloud-scale applications, providing monitoring of servers, databases, tools, and services, through a SaaS-based data analytics platform. Founded and headquartered in New York City, the company is a publicly traded entity on the Nasdaq stock exchange.
BLD vs DDOG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $953.2M |
| Net Profit | $104.5M | $46.6M |
| Gross Margin | 27.2% | 80.4% |
| Operating Margin | 12.1% | 1.0% |
| Net Margin | 7.0% | 4.9% |
| Revenue YoY | 13.2% | 29.2% |
| Net Profit YoY | -30.6% | 2.1% |
| EPS (diluted) | $3.69 | $0.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.5B | $953.2M | ||
| Q3 25 | $1.4B | $885.7M | ||
| Q2 25 | $1.3B | $826.8M | ||
| Q1 25 | $1.2B | $761.6M | ||
| Q4 24 | $1.3B | $737.7M | ||
| Q3 24 | $1.4B | $690.0M | ||
| Q2 24 | $1.4B | $645.3M | ||
| Q1 24 | $1.3B | $611.3M |
| Q4 25 | $104.5M | $46.6M | ||
| Q3 25 | $142.2M | $33.9M | ||
| Q2 25 | $151.6M | $2.6M | ||
| Q1 25 | $123.4M | $24.6M | ||
| Q4 24 | $150.5M | $45.6M | ||
| Q3 24 | $169.0M | $51.7M | ||
| Q2 24 | $150.7M | $43.8M | ||
| Q1 24 | $152.4M | $42.6M |
| Q4 25 | 27.2% | 80.4% | ||
| Q3 25 | 30.1% | 80.1% | ||
| Q2 25 | 30.4% | 79.9% | ||
| Q1 25 | 28.5% | 79.3% | ||
| Q4 24 | 29.9% | 80.5% | ||
| Q3 24 | 30.7% | 80.0% | ||
| Q2 24 | 31.0% | 80.9% | ||
| Q1 24 | 30.3% | 82.0% |
| Q4 25 | 12.1% | 1.0% | ||
| Q3 25 | 15.4% | -0.7% | ||
| Q2 25 | 16.9% | -4.3% | ||
| Q1 25 | 14.4% | -1.6% | ||
| Q4 24 | 16.6% | 1.3% | ||
| Q3 24 | 17.8% | 2.9% | ||
| Q2 24 | 15.4% | 2.0% | ||
| Q1 24 | 16.8% | 2.0% |
| Q4 25 | 7.0% | 4.9% | ||
| Q3 25 | 10.2% | 3.8% | ||
| Q2 25 | 11.7% | 0.3% | ||
| Q1 25 | 10.0% | 3.2% | ||
| Q4 24 | 11.5% | 6.2% | ||
| Q3 24 | 12.3% | 7.5% | ||
| Q2 24 | 11.0% | 6.8% | ||
| Q1 24 | 11.9% | 7.0% |
| Q4 25 | $3.69 | $0.13 | ||
| Q3 25 | $5.04 | $0.10 | ||
| Q2 25 | $5.32 | $0.01 | ||
| Q1 25 | $4.23 | $0.07 | ||
| Q4 24 | $5.07 | $0.14 | ||
| Q3 24 | $5.65 | $0.14 | ||
| Q2 24 | $4.78 | $0.12 | ||
| Q1 24 | $4.79 | $0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $184.7M | $401.3M |
| Total DebtLower is stronger | $2.8B | — |
| Stockholders' EquityBook value | $2.3B | $3.7B |
| Total Assets | $6.6B | $6.6B |
| Debt / EquityLower = less leverage | 1.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $184.7M | $401.3M | ||
| Q3 25 | $1.1B | $540.6M | ||
| Q2 25 | $842.5M | $489.0M | ||
| Q1 25 | $308.8M | $1.1B | ||
| Q4 24 | $400.3M | $1.2B | ||
| Q3 24 | $257.3M | $337.4M | ||
| Q2 24 | $463.2M | $411.0M | ||
| Q1 24 | $968.8M | $282.2M |
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.9B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
| Q4 25 | $2.3B | $3.7B | ||
| Q3 25 | $2.2B | $3.4B | ||
| Q2 25 | $2.1B | $3.2B | ||
| Q1 25 | $2.1B | $2.9B | ||
| Q4 24 | $2.2B | $2.7B | ||
| Q3 24 | $2.1B | $2.6B | ||
| Q2 24 | $2.4B | $2.4B | ||
| Q1 24 | $2.7B | $2.2B |
| Q4 25 | $6.6B | $6.6B | ||
| Q3 25 | $6.4B | $6.1B | ||
| Q2 25 | $5.1B | $5.8B | ||
| Q1 25 | $4.6B | $6.0B | ||
| Q4 24 | $4.7B | $5.8B | ||
| Q3 24 | $4.7B | $4.6B | ||
| Q2 24 | $4.9B | $4.4B | ||
| Q1 24 | $5.3B | $4.1B |
| Q4 25 | 1.23× | — | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | 0.88× | — | ||
| Q1 25 | 0.65× | — | ||
| Q4 24 | 0.62× | — | ||
| Q3 24 | 0.66× | — | ||
| Q2 24 | 0.59× | — | ||
| Q1 24 | 0.52× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $176.7M | $327.1M |
| Free Cash FlowOCF − Capex | $159.4M | $318.2M |
| FCF MarginFCF / Revenue | 10.7% | 33.4% |
| Capex IntensityCapex / Revenue | 1.2% | 0.9% |
| Cash ConversionOCF / Net Profit | 1.69× | 7.02× |
| TTM Free Cash FlowTrailing 4 quarters | $696.9M | $1.0B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $176.7M | $327.1M | ||
| Q3 25 | $233.3M | $251.5M | ||
| Q2 25 | $193.7M | $200.1M | ||
| Q1 25 | $152.6M | $271.5M | ||
| Q4 24 | $266.2M | $265.2M | ||
| Q3 24 | $240.7M | $228.7M | ||
| Q2 24 | $90.4M | $164.4M | ||
| Q1 24 | $178.8M | $212.3M |
| Q4 25 | $159.4M | $318.2M | ||
| Q3 25 | $216.2M | $234.7M | ||
| Q2 25 | $182.2M | $184.9M | ||
| Q1 25 | $139.2M | $262.8M | ||
| Q4 24 | $253.7M | $257.5M | ||
| Q3 24 | $219.8M | $220.3M | ||
| Q2 24 | $74.3M | $160.0M | ||
| Q1 24 | $158.9M | $198.1M |
| Q4 25 | 10.7% | 33.4% | ||
| Q3 25 | 15.5% | 26.5% | ||
| Q2 25 | 14.0% | 22.4% | ||
| Q1 25 | 11.3% | 34.5% | ||
| Q4 24 | 19.3% | 34.9% | ||
| Q3 24 | 16.0% | 31.9% | ||
| Q2 24 | 5.4% | 24.8% | ||
| Q1 24 | 12.4% | 32.4% |
| Q4 25 | 1.2% | 0.9% | ||
| Q3 25 | 1.2% | 1.9% | ||
| Q2 25 | 0.9% | 1.8% | ||
| Q1 25 | 1.1% | 1.1% | ||
| Q4 24 | 1.0% | 1.1% | ||
| Q3 24 | 1.5% | 1.2% | ||
| Q2 24 | 1.2% | 0.7% | ||
| Q1 24 | 1.6% | 2.3% |
| Q4 25 | 1.69× | 7.02× | ||
| Q3 25 | 1.64× | 7.42× | ||
| Q2 25 | 1.28× | 75.58× | ||
| Q1 25 | 1.24× | 11.02× | ||
| Q4 24 | 1.77× | 5.82× | ||
| Q3 24 | 1.42× | 4.42× | ||
| Q2 24 | 0.60× | 3.75× | ||
| Q1 24 | 1.17× | 4.98× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BLD
| Distribution Segment | $755.4M | 51% |
| Residential | $557.9M | 38% |
| All Other Products | $91.9M | 6% |
| Glass And Windows | $51.5M | 3% |
| Rain Gutters | $27.1M | 2% |
DDOG
| North America | $678.7M | 71% |
| International | $274.5M | 29% |
