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Side-by-side financial comparison of DARLING INGREDIENTS INC. (DAR) and Datadog (DDOG). Click either name above to swap in a different company.
DARLING INGREDIENTS INC. is the larger business by last-quarter revenue ($1.6B vs $953.2M, roughly 1.6× Datadog). Datadog runs the higher net margin — 4.9% vs 1.2%, a 3.6% gap on every dollar of revenue. On growth, Datadog posted the faster year-over-year revenue change (29.2% vs 10.0%). Over the past eight quarters, Datadog's revenue compounded faster (24.9% CAGR vs -1.6%).
Darling Ingredients Inc. is a global sustainable natural ingredients maker that converts edible and inedible organic byproducts into high-value products: food-grade nutritional ingredients, animal feed additives, pharmaceutical raw materials and biofuel components, serving food, agriculture, pharma and renewable energy markets across North America, Europe and Asia-Pacific.
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.
DAR vs DDOG — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $953.2M |
| Net Profit | $19.4M | $46.6M |
| Gross Margin | 24.7% | 80.4% |
| Operating Margin | 4.6% | 1.0% |
| Net Margin | 1.2% | 4.9% |
| Revenue YoY | 10.0% | 29.2% |
| Net Profit YoY | 14.2% | 2.1% |
| EPS (diluted) | $0.12 | $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 | — | $953.2M | ||
| Q3 25 | $1.6B | $885.7M | ||
| Q2 25 | $1.5B | $826.8M | ||
| Q1 25 | $1.4B | $761.6M | ||
| Q4 24 | $1.4B | $737.7M | ||
| Q3 24 | $1.4B | $690.0M | ||
| Q2 24 | $1.5B | $645.3M | ||
| Q1 24 | $1.4B | $611.3M |
| Q4 25 | — | $46.6M | ||
| Q3 25 | $19.4M | $33.9M | ||
| Q2 25 | $12.7M | $2.6M | ||
| Q1 25 | $-26.2M | $24.6M | ||
| Q4 24 | $101.9M | $45.6M | ||
| Q3 24 | $16.9M | $51.7M | ||
| Q2 24 | $78.9M | $43.8M | ||
| Q1 24 | $81.2M | $42.6M |
| Q4 25 | — | 80.4% | ||
| Q3 25 | 24.7% | 80.1% | ||
| Q2 25 | 23.3% | 79.9% | ||
| Q1 25 | 22.6% | 79.3% | ||
| Q4 24 | 23.5% | 80.5% | ||
| Q3 24 | 22.1% | 80.0% | ||
| Q2 24 | 22.5% | 80.9% | ||
| Q1 24 | 21.4% | 82.0% |
| Q4 25 | — | 1.0% | ||
| Q3 25 | 4.6% | -0.7% | ||
| Q2 25 | 5.1% | -4.3% | ||
| Q1 25 | 2.1% | -1.6% | ||
| Q4 24 | 8.6% | 1.3% | ||
| Q3 24 | 4.2% | 2.9% | ||
| Q2 24 | 10.2% | 2.0% | ||
| Q1 24 | 9.7% | 2.0% |
| Q4 25 | — | 4.9% | ||
| Q3 25 | 1.2% | 3.8% | ||
| Q2 25 | 0.9% | 0.3% | ||
| Q1 25 | -1.9% | 3.2% | ||
| Q4 24 | 7.2% | 6.2% | ||
| Q3 24 | 1.2% | 7.5% | ||
| Q2 24 | 5.4% | 6.8% | ||
| Q1 24 | 5.7% | 7.0% |
| Q4 25 | — | $0.13 | ||
| Q3 25 | $0.12 | $0.10 | ||
| Q2 25 | $0.08 | $0.01 | ||
| Q1 25 | $-0.16 | $0.07 | ||
| Q4 24 | $0.63 | $0.14 | ||
| Q3 24 | $0.11 | $0.14 | ||
| Q2 24 | $0.49 | $0.12 | ||
| Q1 24 | $0.50 | $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 | $91.5M | $401.3M |
| Total DebtLower is stronger | $4.0B | — |
| Stockholders' EquityBook value | $4.7B | $3.7B |
| Total Assets | $10.5B | $6.6B |
| Debt / EquityLower = less leverage | 0.86× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $401.3M | ||
| Q3 25 | $91.5M | $540.6M | ||
| Q2 25 | $94.6M | $489.0M | ||
| Q1 25 | $81.5M | $1.1B | ||
| Q4 24 | $76.0M | $1.2B | ||
| Q3 24 | $114.8M | $337.4M | ||
| Q2 24 | $121.6M | $411.0M | ||
| Q1 24 | $145.5M | $282.2M |
| Q4 25 | — | — | ||
| Q3 25 | $4.0B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.9B | — | ||
| Q3 24 | $4.1B | — | ||
| Q2 24 | $4.3B | — | ||
| Q1 24 | $4.4B | — |
| Q4 25 | — | $3.7B | ||
| Q3 25 | $4.7B | $3.4B | ||
| Q2 25 | $4.6B | $3.2B | ||
| Q1 25 | $4.4B | $2.9B | ||
| Q4 24 | $4.4B | $2.7B | ||
| Q3 24 | $4.6B | $2.6B | ||
| Q2 24 | $4.5B | $2.4B | ||
| Q1 24 | $4.6B | $2.2B |
| Q4 25 | — | $6.6B | ||
| Q3 25 | $10.5B | $6.1B | ||
| Q2 25 | $10.3B | $5.8B | ||
| Q1 25 | $10.0B | $6.0B | ||
| Q4 24 | $10.1B | $5.8B | ||
| Q3 24 | $10.6B | $4.6B | ||
| Q2 24 | $10.6B | $4.4B | ||
| Q1 24 | $10.9B | $4.1B |
| Q4 25 | — | — | ||
| Q3 25 | 0.86× | — | ||
| Q2 25 | 0.85× | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | 0.89× | — | ||
| Q3 24 | 0.91× | — | ||
| Q2 24 | 0.97× | — | ||
| Q1 24 | 0.95× | — |
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 | $224.3M | $327.1M |
| Free Cash FlowOCF − Capex | — | $318.2M |
| FCF MarginFCF / Revenue | — | 33.4% |
| Capex IntensityCapex / Revenue | — | 0.9% |
| Cash ConversionOCF / Net Profit | 11.59× | 7.02× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.0B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $327.1M | ||
| Q3 25 | $224.3M | $251.5M | ||
| Q2 25 | $145.8M | $200.1M | ||
| Q1 25 | $249.0M | $271.5M | ||
| Q4 24 | $154.4M | $265.2M | ||
| Q3 24 | $274.5M | $228.7M | ||
| Q2 24 | $146.5M | $164.4M | ||
| Q1 24 | $263.9M | $212.3M |
| Q4 25 | — | $318.2M | ||
| Q3 25 | — | $234.7M | ||
| Q2 25 | — | $184.9M | ||
| Q1 25 | — | $262.8M | ||
| Q4 24 | — | $257.5M | ||
| Q3 24 | — | $220.3M | ||
| Q2 24 | — | $160.0M | ||
| Q1 24 | — | $198.1M |
| Q4 25 | — | 33.4% | ||
| Q3 25 | — | 26.5% | ||
| Q2 25 | — | 22.4% | ||
| Q1 25 | — | 34.5% | ||
| Q4 24 | — | 34.9% | ||
| Q3 24 | — | 31.9% | ||
| Q2 24 | — | 24.8% | ||
| Q1 24 | — | 32.4% |
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 2.3% |
| Q4 25 | — | 7.02× | ||
| Q3 25 | 11.59× | 7.42× | ||
| Q2 25 | 11.52× | 75.58× | ||
| Q1 25 | — | 11.02× | ||
| Q4 24 | 1.52× | 5.82× | ||
| Q3 24 | 16.19× | 4.42× | ||
| Q2 24 | 1.86× | 3.75× | ||
| Q1 24 | 3.25× | 4.98× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DAR
| Fats | $428.4M | 27% |
| Food Ingredients | $380.6M | 24% |
| Diamond Green Diesel Holdings Llc Joint Venture | $342.1M | 22% |
| Fuel Ingredients | $154.3M | 10% |
| Used Cooking Oil | $125.9M | 8% |
| Other Rendering | $76.9M | 5% |
| Bakery | $46.9M | 3% |
| Other Products And Services | $12.2M | 1% |
DDOG
| North America | $678.7M | 71% |
| International | $274.5M | 29% |
