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Side-by-side financial comparison of Datadog (DDOG) and Natera, Inc. (NTRA). Click either name above to swap in a different company.
Datadog is the larger business by last-quarter revenue ($1.0B vs $665.5M, roughly 1.5× Natera, Inc.). Natera, Inc. runs the higher net margin — 7.1% vs 5.2%, a 1.9% gap on every dollar of revenue. On growth, Natera, Inc. posted the faster year-over-year revenue change (39.8% vs 32.2%). Datadog produced more free cash flow last quarter ($289.1M vs $37.8M). Over the past eight quarters, Natera, Inc.'s revenue compounded faster (34.5% CAGR vs 24.9%).
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.
Natera, Inc. is a clinical genetic testing company based in Austin, Texas that specializes in non-invasive, cell-free DNA (cfDNA) testing technology, with a focus on women’s health, cancer, and organ health. Natera’s proprietary technology combines novel molecular biology techniques with a suite of bioinformatics software that allows detection down to a single molecule in a tube of blood. Natera operates CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendment...
DDOG vs NTRA — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $665.5M |
| Net Profit | $52.6M | $47.3M |
| Gross Margin | 79.2% | — |
| Operating Margin | 21.5% | -3.4% |
| Net Margin | 5.2% | 7.1% |
| Revenue YoY | 32.2% | 39.8% |
| Net Profit YoY | 113.4% | 187.9% |
| EPS (diluted) | $0.15 | $0.36 |
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.
| Q1 26 | $1.0B | — | ||
| Q4 25 | $953.2M | $665.5M | ||
| Q3 25 | $885.7M | $592.2M | ||
| Q2 25 | $826.8M | $546.6M | ||
| Q1 25 | $761.6M | $501.8M | ||
| Q4 24 | $737.7M | $476.1M | ||
| Q3 24 | $690.0M | $439.8M | ||
| Q2 24 | $645.3M | $413.4M |
| Q1 26 | $52.6M | — | ||
| Q4 25 | $46.6M | $47.3M | ||
| Q3 25 | $33.9M | $-87.5M | ||
| Q2 25 | $2.6M | $-100.9M | ||
| Q1 25 | $24.6M | $-66.9M | ||
| Q4 24 | $45.6M | $-53.8M | ||
| Q3 24 | $51.7M | $-31.6M | ||
| Q2 24 | $43.8M | $-37.5M |
| Q1 26 | 79.2% | — | ||
| 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 26 | 21.5% | — | ||
| Q4 25 | 1.0% | -3.4% | ||
| Q3 25 | -0.7% | -16.5% | ||
| Q2 25 | -4.3% | -20.2% | ||
| Q1 25 | -1.6% | -15.8% | ||
| Q4 24 | 1.3% | -13.6% | ||
| Q3 24 | 2.9% | -8.9% | ||
| Q2 24 | 2.0% | -10.6% |
| Q1 26 | 5.2% | — | ||
| Q4 25 | 4.9% | 7.1% | ||
| Q3 25 | 3.8% | -14.8% | ||
| Q2 25 | 0.3% | -18.5% | ||
| Q1 25 | 3.2% | -13.3% | ||
| Q4 24 | 6.2% | -11.3% | ||
| Q3 24 | 7.5% | -7.2% | ||
| Q2 24 | 6.8% | -9.1% |
| Q1 26 | $0.15 | — | ||
| Q4 25 | $0.13 | $0.36 | ||
| Q3 25 | $0.10 | $-0.64 | ||
| Q2 25 | $0.01 | $-0.74 | ||
| Q1 25 | $0.07 | $-0.50 | ||
| Q4 24 | $0.14 | $-0.41 | ||
| Q3 24 | $0.14 | $-0.26 | ||
| Q2 24 | $0.12 | $-0.30 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $426.4M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.0B | $1.7B |
| Total Assets | $7.0B | $2.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $426.4M | — | ||
| Q4 25 | $401.3M | — | ||
| Q3 25 | $540.6M | $1.0M | ||
| Q2 25 | $489.0M | $16.0M | ||
| Q1 25 | $1.1B | $17.8M | ||
| Q4 24 | $1.2B | $22.7M | ||
| Q3 24 | $337.4M | $29.5M | ||
| Q2 24 | $411.0M | $90.3M |
| Q1 26 | $4.0B | — | ||
| Q4 25 | $3.7B | $1.7B | ||
| Q3 25 | $3.4B | $1.3B | ||
| Q2 25 | $3.2B | $1.2B | ||
| Q1 25 | $2.9B | $1.2B | ||
| Q4 24 | $2.7B | $1.2B | ||
| Q3 24 | $2.6B | $878.5M | ||
| Q2 24 | $2.4B | $836.5M |
| Q1 26 | $7.0B | — | ||
| Q4 25 | $6.6B | $2.4B | ||
| Q3 25 | $6.1B | $1.8B | ||
| Q2 25 | $5.8B | $1.8B | ||
| Q1 25 | $6.0B | $1.7B | ||
| Q4 24 | $5.8B | $1.7B | ||
| Q3 24 | $4.6B | $1.6B | ||
| Q2 24 | $4.4B | $1.5B |
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 | $334.6M | $73.9M |
| Free Cash FlowOCF − Capex | $289.1M | $37.8M |
| FCF MarginFCF / Revenue | 28.7% | 5.7% |
| Capex IntensityCapex / Revenue | — | 5.4% |
| Cash ConversionOCF / Net Profit | 6.36× | 1.56× |
| TTM Free Cash FlowTrailing 4 quarters | $1.0B | $109.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $334.6M | — | ||
| Q4 25 | $327.1M | $73.9M | ||
| Q3 25 | $251.5M | $59.4M | ||
| Q2 25 | $200.1M | $37.6M | ||
| Q1 25 | $271.5M | $44.5M | ||
| Q4 24 | $265.2M | $52.9M | ||
| Q3 24 | $228.7M | $51.8M | ||
| Q2 24 | $164.4M | $4.0M |
| Q1 26 | $289.1M | — | ||
| Q4 25 | $318.2M | $37.8M | ||
| Q3 25 | $234.7M | $37.0M | ||
| Q2 25 | $184.9M | $11.7M | ||
| Q1 25 | $262.8M | $22.6M | ||
| Q4 24 | $257.5M | $34.8M | ||
| Q3 24 | $220.3M | $35.5M | ||
| Q2 24 | $160.0M | $-7.7M |
| Q1 26 | 28.7% | — | ||
| Q4 25 | 33.4% | 5.7% | ||
| Q3 25 | 26.5% | 6.2% | ||
| Q2 25 | 22.4% | 2.1% | ||
| Q1 25 | 34.5% | 4.5% | ||
| Q4 24 | 34.9% | 7.3% | ||
| Q3 24 | 31.9% | 8.1% | ||
| Q2 24 | 24.8% | -1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 5.4% | ||
| Q3 25 | 1.9% | 3.8% | ||
| Q2 25 | 1.8% | 4.7% | ||
| Q1 25 | 1.1% | 4.3% | ||
| Q4 24 | 1.1% | 3.8% | ||
| Q3 24 | 1.2% | 3.7% | ||
| Q2 24 | 0.7% | 2.8% |
| Q1 26 | 6.36× | — | ||
| Q4 25 | 7.02× | 1.56× | ||
| Q3 25 | 7.42× | — | ||
| Q2 25 | 75.58× | — | ||
| Q1 25 | 11.02× | — | ||
| Q4 24 | 5.82× | — | ||
| Q3 24 | 4.42× | — | ||
| Q2 24 | 3.75× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
