Datadog vs Snowflake (DDOG vs SNOW)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Snowflake is the larger company by revenue ($4.7B vs $3.4B) and market value ($118.5B vs $99.9B). Snowflake has grown revenue faster over the last 4 fiscal years (+284.1% cumulative vs +233.1%). Datadog runs the higher operating margin (-1.3% vs -30.6%).
About Datadog
Datadog, Inc. provides a cloud-based software platform that integrates infrastructure monitoring, application performance monitoring, log management, user experience monitoring, cloud security, and service management. Its platform serves organizations of all sizes across various industries, enabling collaboration among development, operations, security, and business teams to monitor and secure their technology environments. Datadog's services support digital transformation and cloud migration by offering real-time observability and security for complex cloud and hybrid infrastructures.
About Snowflake
Snowflake Inc. provides a cloud-native data platform called the AI Data Cloud that enables organizations to consolidate, access, and analyze diverse data types in a single, scalable environment. The platform supports data sharing, AI applications, and data governance across multiple industries and is delivered as a service on major public clouds worldwide. Snowflake serves customers of all sizes, including large enterprises, helping them break down data silos and derive insights without managing infrastructure.
Head to head (DDOG FY2025 vs SNOW FY2026)
| Metric | DDOGFY2025 | SNOWFY2026 |
|---|---|---|
| Revenue | $3.43B | $4.68B |
| Revenue growth (YoY) | 27.7% | 29.2% |
| Gross margin | 80.0% | 67.2% |
| Operating margin | -1.3% | -30.6% |
| Net margin | 3.1% | -28.4% |
| Net income | $107.7M | $-1.33B |
| Diluted EPS | $0.31 | $-3.95 |
| FCF margin | 29.2% | 23.9% |
| ROE | 2.9% | -69.2% |
| Long-term debt / equity | — | — |
| Market cap | $99.91B | $118.52B |
| P/E | 556.5× | — |
Fundamentals are from each company’s SEC filings (DDOG FY2025, SNOW FY2026). ROE is net income over fiscal-year-end equity; long-term debt / equity counts non-current term debt only. P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
Five-year trend (as reported)
| DDOG by fiscal year | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $1.03B | $1.68B | $2.13B | $2.68B | $3.43B |
| Net income | $-20.7M | $-50.2M | $48.6M | $183.7M | $107.7M |
| Operating margin | -1.9% | -3.5% | -1.6% | 2.0% | -1.3% |
| SNOW by fiscal year | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Revenue | $1.22B | $2.07B | $2.81B | $3.63B | $4.68B |
| Net income | $-679.9M | $-796.7M | $-836.1M | $-1.29B | $-1.33B |
| Operating margin | -58.6% | -40.8% | -39.0% | -40.2% | -30.6% |
Datadog and Snowflake use different fiscal calendars (DDOG's FY2025 ended 2025-12-31, SNOW's FY2026 ended 2026-01-31), so their fiscal years are shown separately rather than forced into one timeline.
Peer standing
Where each company ranks among the 331 software companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.
| Metric | DDOG | SNOW |
|---|---|---|
| Gross margin | 80.0%85th percentile of 264 | 67.2%49th percentile of 264 |
| Operating margin | -1.3%41st percentile of 302 | -30.6%11th percentile of 302 |
| Net margin | 3.1%53rd percentile of 306 | -28.4%11th percentile of 306 |
| FCF margin | 29.2%84th percentile of 284 | 23.9%75th percentile of 284 |
| Revenue growth (YoY) | +27.7%82nd percentile of 324 | +29.2%83rd percentile of 324 |
| ROE | 2.9%50th percentile of 285 | -69.2%10th percentile of 285 |
| Short interest (days to cover) | 2.71d33rd percentile of 328 | 2.60d31st percentile of 328 |
Short interest
| FINRA settlement data | DDOG | SNOW |
|---|---|---|
| Shares sold short | 10.3M | 18.8M |
| Change vs prior settlement | +0.5% | +3.9% |
| Days to cover | 2.71 | 2.60 |
| As of settlement | 2026-09-15 | 2026-09-15 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 activity (codes P/S) | DDOG | SNOW |
|---|---|---|
| Buys | 0 | 0 |
| Sells | 259 ($272.6M) | 103 ($490.7M) |
Non-derivative purchases (code P) and sales (code S) reported on SEC Form 4, which may be open-market or private (grants, exercises and tax withholding excluded). For context, about 15% of covered companies saw any reported insider purchase (code P) in a 90-day window.
Held by the same investors
9 tracked 13F managers hold both Datadog and Snowflake as of their latest quarterly filings: AQR Capital Management, ARK Investment Management, Citadel Advisors, D. E. Shaw, Gotham Asset Management, Millennium Management, Point72 Asset Management, Soros Fund Management, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.