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Side-by-side financial comparison of Datadog (DDOG) and MSCI Inc. (MSCI). Click either name above to swap in a different company.
Datadog is the larger business by last-quarter revenue ($953.2M vs $822.5M, roughly 1.2× MSCI Inc.). MSCI Inc. runs the higher net margin — 34.6% vs 4.9%, a 29.7% gap on every dollar of revenue. On growth, Datadog posted the faster year-over-year revenue change (29.2% vs 10.6%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $318.2M). Over the past eight quarters, Datadog's revenue compounded faster (24.9% CAGR vs 10.0%).
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.
MSCI Inc. is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and climate finance products. It operates the MSCI World, MSCI Emerging Markets, and MSCI All Country World (ACWI) indices, among others.
DDOG vs MSCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $953.2M | $822.5M |
| Net Profit | $46.6M | $284.7M |
| Gross Margin | 80.4% | — |
| Operating Margin | 1.0% | 56.4% |
| Net Margin | 4.9% | 34.6% |
| Revenue YoY | 29.2% | 10.6% |
| Net Profit YoY | 2.1% | -6.8% |
| EPS (diluted) | $0.13 | $3.81 |
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 | $822.5M | ||
| Q3 25 | $885.7M | $793.4M | ||
| Q2 25 | $826.8M | $772.7M | ||
| Q1 25 | $761.6M | $745.8M | ||
| Q4 24 | $737.7M | $743.5M | ||
| Q3 24 | $690.0M | $724.7M | ||
| Q2 24 | $645.3M | $707.9M | ||
| Q1 24 | $611.3M | $680.0M |
| Q4 25 | $46.6M | $284.7M | ||
| Q3 25 | $33.9M | $325.4M | ||
| Q2 25 | $2.6M | $303.6M | ||
| Q1 25 | $24.6M | $288.6M | ||
| Q4 24 | $45.6M | $305.5M | ||
| Q3 24 | $51.7M | $280.9M | ||
| Q2 24 | $43.8M | $266.8M | ||
| Q1 24 | $42.6M | $256.0M |
| Q4 25 | 80.4% | — | ||
| Q3 25 | 80.1% | — | ||
| Q2 25 | 79.9% | — | ||
| Q1 25 | 79.3% | — | ||
| Q4 24 | 80.5% | — | ||
| Q3 24 | 80.0% | — | ||
| Q2 24 | 80.9% | — | ||
| Q1 24 | 82.0% | — |
| Q4 25 | 1.0% | 56.4% | ||
| Q3 25 | -0.7% | 56.4% | ||
| Q2 25 | -4.3% | 55.0% | ||
| Q1 25 | -1.6% | 50.6% | ||
| Q4 24 | 1.3% | 54.5% | ||
| Q3 24 | 2.9% | 55.4% | ||
| Q2 24 | 2.0% | 54.0% | ||
| Q1 24 | 2.0% | 49.9% |
| Q4 25 | 4.9% | 34.6% | ||
| Q3 25 | 3.8% | 41.0% | ||
| Q2 25 | 0.3% | 39.3% | ||
| Q1 25 | 3.2% | 38.7% | ||
| Q4 24 | 6.2% | 41.1% | ||
| Q3 24 | 7.5% | 38.8% | ||
| Q2 24 | 6.8% | 37.7% | ||
| Q1 24 | 7.0% | 37.6% |
| Q4 25 | $0.13 | $3.81 | ||
| Q3 25 | $0.10 | $4.25 | ||
| Q2 25 | $0.01 | $3.92 | ||
| Q1 25 | $0.07 | $3.71 | ||
| Q4 24 | $0.14 | $3.89 | ||
| Q3 24 | $0.14 | $3.57 | ||
| Q2 24 | $0.12 | $3.37 | ||
| Q1 24 | $0.12 | $3.22 |
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 | $515.3M |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $3.7B | $-2.7B |
| Total Assets | $6.6B | $5.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $401.3M | $515.3M | ||
| Q3 25 | $540.6M | $400.1M | ||
| Q2 25 | $489.0M | $347.3M | ||
| Q1 25 | $1.1B | $360.7M | ||
| Q4 24 | $1.2B | $409.4M | ||
| Q3 24 | $337.4M | $501.0M | ||
| Q2 24 | $411.0M | $451.4M | ||
| Q1 24 | $282.2M | $519.3M |
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $4.5B | ||
| Q1 25 | — | $4.5B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | — | $4.5B | ||
| Q1 24 | — | $4.5B |
| Q4 25 | $3.7B | $-2.7B | ||
| Q3 25 | $3.4B | $-1.9B | ||
| Q2 25 | $3.2B | $-886.2M | ||
| Q1 25 | $2.9B | $-958.6M | ||
| Q4 24 | $2.7B | $-940.0M | ||
| Q3 24 | $2.6B | $-751.0M | ||
| Q2 24 | $2.4B | $-734.5M | ||
| Q1 24 | $2.2B | $-650.5M |
| Q4 25 | $6.6B | $5.7B | ||
| Q3 25 | $6.1B | $5.4B | ||
| Q2 25 | $5.8B | $5.4B | ||
| Q1 25 | $6.0B | $5.3B | ||
| Q4 24 | $5.8B | $5.4B | ||
| Q3 24 | $4.6B | $5.4B | ||
| Q2 24 | $4.4B | $5.5B | ||
| Q1 24 | $4.1B | $5.5B |
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 | $501.1M |
| Free Cash FlowOCF − Capex | $318.2M | $488.7M |
| FCF MarginFCF / Revenue | 33.4% | 59.4% |
| Capex IntensityCapex / Revenue | 0.9% | 1.5% |
| Cash ConversionOCF / Net Profit | 7.02× | 1.76× |
| TTM Free Cash FlowTrailing 4 quarters | $1.0B | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $327.1M | $501.1M | ||
| Q3 25 | $251.5M | $449.4M | ||
| Q2 25 | $200.1M | $336.1M | ||
| Q1 25 | $271.5M | $301.7M | ||
| Q4 24 | $265.2M | $430.6M | ||
| Q3 24 | $228.7M | $421.6M | ||
| Q2 24 | $164.4M | $349.2M | ||
| Q1 24 | $212.3M | $300.1M |
| Q4 25 | $318.2M | $488.7M | ||
| Q3 25 | $234.7M | $445.5M | ||
| Q2 25 | $184.9M | $324.7M | ||
| Q1 25 | $262.8M | $290.2M | ||
| Q4 24 | $257.5M | $416.4M | ||
| Q3 24 | $220.3M | $415.0M | ||
| Q2 24 | $160.0M | $340.6M | ||
| Q1 24 | $198.1M | $295.9M |
| Q4 25 | 33.4% | 59.4% | ||
| Q3 25 | 26.5% | 56.2% | ||
| Q2 25 | 22.4% | 42.0% | ||
| Q1 25 | 34.5% | 38.9% | ||
| Q4 24 | 34.9% | 56.0% | ||
| Q3 24 | 31.9% | 57.3% | ||
| Q2 24 | 24.8% | 48.1% | ||
| Q1 24 | 32.4% | 43.5% |
| Q4 25 | 0.9% | 1.5% | ||
| Q3 25 | 1.9% | 0.5% | ||
| Q2 25 | 1.8% | 1.5% | ||
| Q1 25 | 1.1% | 1.5% | ||
| Q4 24 | 1.1% | 1.9% | ||
| Q3 24 | 1.2% | 0.9% | ||
| Q2 24 | 0.7% | 1.2% | ||
| Q1 24 | 2.3% | 0.6% |
| Q4 25 | 7.02× | 1.76× | ||
| Q3 25 | 7.42× | 1.38× | ||
| Q2 25 | 75.58× | 1.11× | ||
| Q1 25 | 11.02× | 1.05× | ||
| Q4 24 | 5.82× | 1.41× | ||
| Q3 24 | 4.42× | 1.50× | ||
| Q2 24 | 3.75× | 1.31× | ||
| Q1 24 | 4.98× | 1.17× |
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% |
MSCI
| Recurring Subscriptions | $246.4M | 30% |
| Asset Based Fees | $211.7M | 26% |
| Analytics Segment | $182.3M | 22% |
| Sustainability And Climate Segment | $90.3M | 11% |
| Other | $70.9M | 9% |
| Non Recurring | $21.1M | 3% |
