vs
Side-by-side financial comparison of Datadog (DDOG) and ZILLOW GROUP, INC. (ZG). Click either name above to swap in a different company.
Datadog is the larger business by last-quarter revenue ($953.2M vs $654.0M, roughly 1.5× ZILLOW GROUP, INC.). Datadog runs the higher net margin — 4.9% vs 0.5%, a 4.4% gap on every dollar of revenue. On growth, Datadog posted the faster year-over-year revenue change (29.2% vs 18.1%). Datadog produced more free cash flow last quarter ($318.2M vs $44.0M). Over the past eight quarters, Datadog's revenue compounded faster (24.9% CAGR vs 11.2%).
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.
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 by co-executive chairmen Rich Barton and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current technology leadership advisor.
DDOG vs ZG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $953.2M | $654.0M |
| Net Profit | $46.6M | $3.0M |
| Gross Margin | 80.4% | 72.8% |
| Operating Margin | 1.0% | -1.7% |
| Net Margin | 4.9% | 0.5% |
| Revenue YoY | 29.2% | 18.1% |
| Net Profit YoY | 2.1% | 105.8% |
| EPS (diluted) | $0.13 | $0.01 |
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 | $654.0M | ||
| Q3 25 | $885.7M | $676.0M | ||
| Q2 25 | $826.8M | $655.0M | ||
| Q1 25 | $761.6M | $598.0M | ||
| Q4 24 | $737.7M | $554.0M | ||
| Q3 24 | $690.0M | $581.0M | ||
| Q2 24 | $645.3M | $572.0M | ||
| Q1 24 | $611.3M | $529.0M |
| Q4 25 | $46.6M | $3.0M | ||
| Q3 25 | $33.9M | $10.0M | ||
| Q2 25 | $2.6M | $2.0M | ||
| Q1 25 | $24.6M | $8.0M | ||
| Q4 24 | $45.6M | $-52.0M | ||
| Q3 24 | $51.7M | $-20.0M | ||
| Q2 24 | $43.8M | $-17.0M | ||
| Q1 24 | $42.6M | $-23.0M |
| Q4 25 | 80.4% | 72.8% | ||
| Q3 25 | 80.1% | 72.6% | ||
| Q2 25 | 79.9% | 74.7% | ||
| Q1 25 | 79.3% | 76.8% | ||
| Q4 24 | 80.5% | 75.8% | ||
| Q3 24 | 80.0% | 75.9% | ||
| Q2 24 | 80.9% | 77.3% | ||
| Q1 24 | 82.0% | 76.7% |
| Q4 25 | 1.0% | -1.7% | ||
| Q3 25 | -0.7% | -0.4% | ||
| Q2 25 | -4.3% | -1.7% | ||
| Q1 25 | -1.6% | -1.5% | ||
| Q4 24 | 1.3% | -12.5% | ||
| Q3 24 | 2.9% | -7.7% | ||
| Q2 24 | 2.0% | -6.6% | ||
| Q1 24 | 2.0% | -8.5% |
| Q4 25 | 4.9% | 0.5% | ||
| Q3 25 | 3.8% | 1.5% | ||
| Q2 25 | 0.3% | 0.3% | ||
| Q1 25 | 3.2% | 1.3% | ||
| Q4 24 | 6.2% | -9.4% | ||
| Q3 24 | 7.5% | -3.4% | ||
| Q2 24 | 6.8% | -3.0% | ||
| Q1 24 | 7.0% | -4.3% |
| Q4 25 | $0.13 | $0.01 | ||
| Q3 25 | $0.10 | $0.04 | ||
| Q2 25 | $0.01 | $0.01 | ||
| Q1 25 | $0.07 | $0.03 | ||
| Q4 24 | $0.14 | $-0.23 | ||
| Q3 24 | $0.14 | $-0.08 | ||
| Q2 24 | $0.12 | $-0.07 | ||
| Q1 24 | $0.12 | $-0.10 |
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 | $768.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.7B | $4.9B |
| Total Assets | $6.6B | $5.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $401.3M | $768.0M | ||
| Q3 25 | $540.6M | $874.0M | ||
| Q2 25 | $489.0M | $587.0M | ||
| Q1 25 | $1.1B | $914.0M | ||
| Q4 24 | $1.2B | $1.1B | ||
| Q3 24 | $337.4M | $1.1B | ||
| Q2 24 | $411.0M | $1.2B | ||
| Q1 24 | $282.2M | $1.4B |
| Q4 25 | $3.7B | $4.9B | ||
| Q3 25 | $3.4B | $5.0B | ||
| Q2 25 | $3.2B | $4.7B | ||
| Q1 25 | $2.9B | $4.8B | ||
| Q4 24 | $2.7B | $4.8B | ||
| Q3 24 | $2.6B | $4.7B | ||
| Q2 24 | $2.4B | $4.5B | ||
| Q1 24 | $2.2B | $4.7B |
| Q4 25 | $6.6B | $5.7B | ||
| Q3 25 | $6.1B | $5.7B | ||
| Q2 25 | $5.8B | $5.4B | ||
| Q1 25 | $6.0B | $5.7B | ||
| Q4 24 | $5.8B | $5.8B | ||
| Q3 24 | $4.6B | $6.2B | ||
| Q2 24 | $4.4B | $6.6B | ||
| Q1 24 | $4.1B | $6.8B |
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 | $72.0M |
| Free Cash FlowOCF − Capex | $318.2M | $44.0M |
| FCF MarginFCF / Revenue | 33.4% | 6.7% |
| Capex IntensityCapex / Revenue | 0.9% | 4.3% |
| Cash ConversionOCF / Net Profit | 7.02× | 24.00× |
| TTM Free Cash FlowTrailing 4 quarters | $1.0B | $235.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $327.1M | $72.0M | ||
| Q3 25 | $251.5M | $105.0M | ||
| Q2 25 | $200.1M | $87.0M | ||
| Q1 25 | $271.5M | $104.0M | ||
| Q4 24 | $265.2M | $122.0M | ||
| Q3 24 | $228.7M | $171.0M | ||
| Q2 24 | $164.4M | $55.0M | ||
| Q1 24 | $212.3M | $80.0M |
| Q4 25 | $318.2M | $44.0M | ||
| Q3 25 | $234.7M | $73.0M | ||
| Q2 25 | $184.9M | $50.0M | ||
| Q1 25 | $262.8M | $68.0M | ||
| Q4 24 | $257.5M | $88.0M | ||
| Q3 24 | $220.3M | $138.0M | ||
| Q2 24 | $160.0M | $18.0M | ||
| Q1 24 | $198.1M | $41.0M |
| Q4 25 | 33.4% | 6.7% | ||
| Q3 25 | 26.5% | 10.8% | ||
| Q2 25 | 22.4% | 7.6% | ||
| Q1 25 | 34.5% | 11.4% | ||
| Q4 24 | 34.9% | 15.9% | ||
| Q3 24 | 31.9% | 23.8% | ||
| Q2 24 | 24.8% | 3.1% | ||
| Q1 24 | 32.4% | 7.8% |
| Q4 25 | 0.9% | 4.3% | ||
| Q3 25 | 1.9% | 4.7% | ||
| Q2 25 | 1.8% | 5.6% | ||
| Q1 25 | 1.1% | 6.0% | ||
| Q4 24 | 1.1% | 6.1% | ||
| Q3 24 | 1.2% | 5.7% | ||
| Q2 24 | 0.7% | 6.5% | ||
| Q1 24 | 2.3% | 7.4% |
| Q4 25 | 7.02× | 24.00× | ||
| Q3 25 | 7.42× | 10.50× | ||
| Q2 25 | 75.58× | 43.50× | ||
| Q1 25 | 11.02× | 13.00× | ||
| Q4 24 | 5.82× | — | ||
| Q3 24 | 4.42× | — | ||
| Q2 24 | 3.75× | — | ||
| 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% |
ZG
| Residential Revenue | $418.0M | 64% |
| Rental Revenue | $168.0M | 26% |
| Mortgage Revenue | $57.0M | 9% |
| Display Advertising And Other Revenue | $11.0M | 2% |
