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Side-by-side financial comparison of Datadog (DDOG) and IDEX Corporation (IEX). Click either name above to swap in a different company.
Datadog is the larger business by last-quarter revenue ($953.2M vs $398.4M, roughly 2.4× IDEX Corporation). IDEX Corporation runs the higher net margin — 30.1% vs 4.9%, a 25.2% gap on every dollar of revenue. On growth, Datadog posted the faster year-over-year revenue change (29.2% vs 16.7%). Datadog produced more free cash flow last quarter ($318.2M vs $86.0M). Over the past eight quarters, Datadog's revenue compounded faster (24.9% CAGR vs -29.4%).
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.
IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.
DDOG vs IEX — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $953.2M | $398.4M |
| Net Profit | $46.6M | $120.0M |
| Gross Margin | 80.4% | 99.9% |
| Operating Margin | 1.0% | 43.3% |
| Net Margin | 4.9% | 30.1% |
| Revenue YoY | 29.2% | 16.7% |
| Net Profit YoY | 2.1% | 25.7% |
| EPS (diluted) | $0.13 | $1.61 |
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.
| Q2 26 | — | $398.4M | ||
| Q1 26 | — | $407.7M | ||
| Q4 25 | $953.2M | $899.1M | ||
| Q3 25 | $885.7M | $878.7M | ||
| Q2 25 | $826.8M | $865.4M | ||
| Q1 25 | $761.6M | $814.3M | ||
| Q4 24 | $737.7M | $862.9M | ||
| Q3 24 | $690.0M | $798.2M |
| Q2 26 | — | $120.0M | ||
| Q1 26 | — | $128.3M | ||
| Q4 25 | $46.6M | $128.3M | ||
| Q3 25 | $33.9M | $127.8M | ||
| Q2 25 | $2.6M | $131.6M | ||
| Q1 25 | $24.6M | $95.5M | ||
| Q4 24 | $45.6M | $123.2M | ||
| Q3 24 | $51.7M | $119.1M |
| Q2 26 | — | 99.9% | ||
| Q1 26 | — | 94.9% | ||
| Q4 25 | 80.4% | 43.1% | ||
| Q3 25 | 80.1% | 44.5% | ||
| Q2 25 | 79.9% | 45.3% | ||
| Q1 25 | 79.3% | 45.3% | ||
| Q4 24 | 80.5% | 42.5% | ||
| Q3 24 | 80.0% | 44.3% |
| Q2 26 | — | 43.3% | ||
| Q1 26 | — | 45.0% | ||
| Q4 25 | 1.0% | 20.4% | ||
| Q3 25 | -0.7% | 21.1% | ||
| Q2 25 | -4.3% | 21.7% | ||
| Q1 25 | -1.6% | 17.4% | ||
| Q4 24 | 1.3% | 19.2% | ||
| Q3 24 | 2.9% | 21.0% |
| Q2 26 | — | 30.1% | ||
| Q1 26 | — | 31.5% | ||
| Q4 25 | 4.9% | 14.3% | ||
| Q3 25 | 3.8% | 14.5% | ||
| Q2 25 | 0.3% | 15.2% | ||
| Q1 25 | 3.2% | 11.7% | ||
| Q4 24 | 6.2% | 14.3% | ||
| Q3 24 | 7.5% | 14.9% |
| Q2 26 | — | $1.61 | ||
| Q1 26 | — | $1.71 | ||
| Q4 25 | $0.13 | $1.71 | ||
| Q3 25 | $0.10 | $1.70 | ||
| Q2 25 | $0.01 | $1.74 | ||
| Q1 25 | $0.07 | $1.26 | ||
| Q4 24 | $0.14 | $1.61 | ||
| Q3 24 | $0.14 | $1.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $401.3M | $586.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.7B | $4.0B |
| Total Assets | $6.6B | $6.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | $586.2M | ||
| Q1 26 | — | $580.0M | ||
| Q4 25 | $401.3M | $580.0M | ||
| Q3 25 | $540.6M | $593.8M | ||
| Q2 25 | $489.0M | $568.2M | ||
| Q1 25 | $1.1B | $594.1M | ||
| Q4 24 | $1.2B | $620.8M | ||
| Q3 24 | $337.4M | $633.2M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | — | $1.9B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.1B |
| Q2 26 | — | $4.0B | ||
| Q1 26 | — | $4.0B | ||
| Q4 25 | $3.7B | $4.0B | ||
| Q3 25 | $3.4B | $4.0B | ||
| Q2 25 | $3.2B | $4.0B | ||
| Q1 25 | $2.9B | $3.9B | ||
| Q4 24 | $2.7B | $3.8B | ||
| Q3 24 | $2.6B | $3.8B |
| Q2 26 | — | $6.9B | ||
| Q1 26 | — | $6.9B | ||
| Q4 25 | $6.6B | $6.9B | ||
| Q3 25 | $6.1B | $7.0B | ||
| Q2 25 | $5.8B | $6.9B | ||
| Q1 25 | $6.0B | $6.8B | ||
| Q4 24 | $5.8B | $6.7B | ||
| Q3 24 | $4.6B | $7.0B |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | — | 0.46× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.52× | ||
| Q3 24 | — | 0.55× |
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 | $327.1M | — |
| Free Cash FlowOCF − Capex | $318.2M | $86.0M |
| FCF MarginFCF / Revenue | 33.4% | 21.6% |
| Capex IntensityCapex / Revenue | 0.9% | 4.4% |
| Cash ConversionOCF / Net Profit | 7.02× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.0B | $654.3M |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $327.1M | $209.5M | ||
| Q3 25 | $251.5M | $203.5M | ||
| Q2 25 | $200.1M | $161.7M | ||
| Q1 25 | $271.5M | $105.7M | ||
| Q4 24 | $265.2M | $172.6M | ||
| Q3 24 | $228.7M | $205.3M |
| Q2 26 | — | $86.0M | ||
| Q1 26 | — | $189.8M | ||
| Q4 25 | $318.2M | $189.8M | ||
| Q3 25 | $234.7M | $188.7M | ||
| Q2 25 | $184.9M | $146.9M | ||
| Q1 25 | $262.8M | $91.4M | ||
| Q4 24 | $257.5M | $157.1M | ||
| Q3 24 | $220.3M | $191.6M |
| Q2 26 | — | 21.6% | ||
| Q1 26 | — | 46.6% | ||
| Q4 25 | 33.4% | 21.1% | ||
| Q3 25 | 26.5% | 21.5% | ||
| Q2 25 | 22.4% | 17.0% | ||
| Q1 25 | 34.5% | 11.2% | ||
| Q4 24 | 34.9% | 18.2% | ||
| Q3 24 | 31.9% | 24.0% |
| Q2 26 | — | 4.4% | ||
| Q1 26 | — | 15.6% | ||
| Q4 25 | 0.9% | 2.2% | ||
| Q3 25 | 1.9% | 1.7% | ||
| Q2 25 | 1.8% | 1.7% | ||
| Q1 25 | 1.1% | 1.8% | ||
| Q4 24 | 1.1% | 1.8% | ||
| Q3 24 | 1.2% | 1.7% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 7.02× | 1.63× | ||
| Q3 25 | 7.42× | 1.59× | ||
| Q2 25 | 75.58× | 1.23× | ||
| Q1 25 | 11.02× | 1.11× | ||
| Q4 24 | 5.82× | 1.40× | ||
| Q3 24 | 4.42× | 1.72× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DDOG
| North America | $678.7M | 71% |
| International | $274.5M | 29% |
IEX
Segment breakdown not available.
