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Side-by-side financial comparison of Datadog (DDOG) and Toast, Inc. (TOST). Click either name above to swap in a different company.
Toast, Inc. is the larger business by last-quarter revenue ($1.6B vs $953.2M, roughly 1.7× Datadog). Toast, Inc. runs the higher net margin — 6.2% vs 4.9%, a 1.3% gap on every dollar of revenue. On growth, Datadog posted the faster year-over-year revenue change (29.2% vs 22.0%). Datadog produced more free cash flow last quarter ($318.2M vs $178.0M). Over the past eight quarters, Datadog's revenue compounded faster (24.9% CAGR vs 23.3%).
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.
Toast, Inc. is an American cloud-based restaurant management software company based in Boston, Massachusetts. The company provides an all-in-one point of sale (POS) system built on the Android operating system.
DDOG vs TOST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $953.2M | $1.6B |
| Net Profit | $46.6M | $101.0M |
| Gross Margin | 80.4% | 25.9% |
| Operating Margin | 1.0% | 5.2% |
| Net Margin | 4.9% | 6.2% |
| Revenue YoY | 29.2% | 22.0% |
| Net Profit YoY | 2.1% | 215.6% |
| EPS (diluted) | $0.13 | $0.18 |
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 | $1.6B | ||
| Q3 25 | $885.7M | $1.6B | ||
| Q2 25 | $826.8M | $1.6B | ||
| Q1 25 | $761.6M | $1.3B | ||
| Q4 24 | $737.7M | $1.3B | ||
| Q3 24 | $690.0M | $1.3B | ||
| Q2 24 | $645.3M | $1.2B | ||
| Q1 24 | $611.3M | $1.1B |
| Q4 25 | $46.6M | $101.0M | ||
| Q3 25 | $33.9M | $105.0M | ||
| Q2 25 | $2.6M | $80.0M | ||
| Q1 25 | $24.6M | $56.0M | ||
| Q4 24 | $45.6M | $32.0M | ||
| Q3 24 | $51.7M | $56.0M | ||
| Q2 24 | $43.8M | $14.0M | ||
| Q1 24 | $42.6M | $-83.0M |
| Q4 25 | 80.4% | 25.9% | ||
| Q3 25 | 80.1% | 26.5% | ||
| Q2 25 | 79.9% | 25.3% | ||
| Q1 25 | 79.3% | 25.9% | ||
| Q4 24 | 80.5% | 24.9% | ||
| Q3 24 | 80.0% | 24.7% | ||
| Q2 24 | 80.9% | 23.0% | ||
| Q1 24 | 82.0% | 23.2% |
| Q4 25 | 1.0% | 5.2% | ||
| Q3 25 | -0.7% | 5.1% | ||
| Q2 25 | -4.3% | 5.2% | ||
| Q1 25 | -1.6% | 3.2% | ||
| Q4 24 | 1.3% | 2.5% | ||
| Q3 24 | 2.9% | 2.6% | ||
| Q2 24 | 2.0% | 0.4% | ||
| Q1 24 | 2.0% | -5.2% |
| Q4 25 | 4.9% | 6.2% | ||
| Q3 25 | 3.8% | 6.4% | ||
| Q2 25 | 0.3% | 5.2% | ||
| Q1 25 | 3.2% | 4.2% | ||
| Q4 24 | 6.2% | 2.4% | ||
| Q3 24 | 7.5% | 4.3% | ||
| Q2 24 | 6.8% | 1.1% | ||
| Q1 24 | 7.0% | -7.7% |
| Q4 25 | $0.13 | $0.18 | ||
| Q3 25 | $0.10 | $0.16 | ||
| Q2 25 | $0.01 | $0.13 | ||
| Q1 25 | $0.07 | $0.09 | ||
| Q4 24 | $0.14 | $0.09 | ||
| Q3 24 | $0.14 | $0.07 | ||
| Q2 24 | $0.12 | $0.02 | ||
| Q1 24 | $0.12 | $-0.15 |
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 | $1.4B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.7B | $2.1B |
| Total Assets | $6.6B | $3.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $401.3M | $1.4B | ||
| Q3 25 | $540.6M | $1.4B | ||
| Q2 25 | $489.0M | $1.2B | ||
| Q1 25 | $1.1B | $1.0B | ||
| Q4 24 | $1.2B | $903.0M | ||
| Q3 24 | $337.4M | $761.0M | ||
| Q2 24 | $411.0M | $691.0M | ||
| Q1 24 | $282.2M | $578.0M |
| Q4 25 | $3.7B | $2.1B | ||
| Q3 25 | $3.4B | $2.0B | ||
| Q2 25 | $3.2B | $1.8B | ||
| Q1 25 | $2.9B | $1.7B | ||
| Q4 24 | $2.7B | $1.5B | ||
| Q3 24 | $2.6B | $1.4B | ||
| Q2 24 | $2.4B | $1.3B | ||
| Q1 24 | $2.2B | $1.2B |
| Q4 25 | $6.6B | $3.1B | ||
| Q3 25 | $6.1B | $3.0B | ||
| Q2 25 | $5.8B | $2.8B | ||
| Q1 25 | $6.0B | $2.6B | ||
| Q4 24 | $5.8B | $2.4B | ||
| Q3 24 | $4.6B | $2.2B | ||
| Q2 24 | $4.4B | $2.2B | ||
| Q1 24 | $4.1B | $2.1B |
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 | $194.0M |
| Free Cash FlowOCF − Capex | $318.2M | $178.0M |
| FCF MarginFCF / Revenue | 33.4% | 10.9% |
| Capex IntensityCapex / Revenue | 0.9% | 1.0% |
| Cash ConversionOCF / Net Profit | 7.02× | 1.92× |
| TTM Free Cash FlowTrailing 4 quarters | $1.0B | $608.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $327.1M | $194.0M | ||
| Q3 25 | $251.5M | $165.0M | ||
| Q2 25 | $200.1M | $223.0M | ||
| Q1 25 | $271.5M | $79.0M | ||
| Q4 24 | $265.2M | $147.0M | ||
| Q3 24 | $228.7M | $109.0M | ||
| Q2 24 | $164.4M | $124.0M | ||
| Q1 24 | $212.3M | $-20.0M |
| Q4 25 | $318.2M | $178.0M | ||
| Q3 25 | $234.7M | $153.0M | ||
| Q2 25 | $184.9M | $208.0M | ||
| Q1 25 | $262.8M | $69.0M | ||
| Q4 24 | $257.5M | $134.0M | ||
| Q3 24 | $220.3M | $97.0M | ||
| Q2 24 | $160.0M | $108.0M | ||
| Q1 24 | $198.1M | $-33.0M |
| Q4 25 | 33.4% | 10.9% | ||
| Q3 25 | 26.5% | 9.4% | ||
| Q2 25 | 22.4% | 13.4% | ||
| Q1 25 | 34.5% | 5.2% | ||
| Q4 24 | 34.9% | 10.0% | ||
| Q3 24 | 31.9% | 7.4% | ||
| Q2 24 | 24.8% | 8.7% | ||
| Q1 24 | 32.4% | -3.1% |
| Q4 25 | 0.9% | 1.0% | ||
| Q3 25 | 1.9% | 0.7% | ||
| Q2 25 | 1.8% | 1.0% | ||
| Q1 25 | 1.1% | 0.7% | ||
| Q4 24 | 1.1% | 1.0% | ||
| Q3 24 | 1.2% | 0.9% | ||
| Q2 24 | 0.7% | 1.3% | ||
| Q1 24 | 2.3% | 1.2% |
| Q4 25 | 7.02× | 1.92× | ||
| Q3 25 | 7.42× | 1.57× | ||
| Q2 25 | 75.58× | 2.79× | ||
| Q1 25 | 11.02× | 1.41× | ||
| Q4 24 | 5.82× | 4.59× | ||
| Q3 24 | 4.42× | 1.95× | ||
| Q2 24 | 3.75× | 8.86× | ||
| Q1 24 | 4.98× | — |
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% |
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
