analyticsData & Analytics / DevTools & Observability
Data as of Q4 2025
Summary Verdict
CFLT: 0—DDOG: 5wins
Rule of 40
26.3CFLT
56.9DDOG
check_circleDDOG leads
Revenue Growth
21.1%CFLT
27.7%DDOG
check_circleDDOG leads
Gross Margin
74%CFLT
80%DDOG
check_circleDDOG leads
FCF Margin
5.2%CFLT
29.2%DDOG
check_circleDDOG leads
Operating Margin
-32.6%CFLT
-1.3%DDOG
check_circleDDOG leads
NRR
—CFLT
—DDOG
Metric
Rule of 40Efficiency score
CFLT
26.3
DDOG
56.9check_circle
Revenue GrowthYoY
CFLT
21.1%
DDOG
27.7%check_circle
Gross Margin% of revenue
CFLT
74%
DDOG
80%check_circle
FCF MarginFree cash flow
CFLT
5.2%
DDOG
29.2%check_circle
Operating MarginGAAP
CFLT
-32.6%
DDOG
-1.3%check_circle
NRRNet retention
CFLT
N/A
DDOG
N/A
EV / RevenueValuation multiple
CFLT
10.1xcheck_circle
DDOG
13.3x
Market CapUSD
CFLT
$11.1B
DDOG
$45.9Bcheck_circle
ARR GrowthYoY
CFLT
N/A
DDOG
N/A
CAC PaybackMonths to recover
CFLT
N/A
DDOG
N/A
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insights
Analysis
As of Q4 2025, Confluent, Inc. trades at 10.1x EV/Revenue versus Datadog, Inc. at 13.3x. On the Rule of 40, Confluent, Inc. scores 26.3 compared to Datadog, Inc.'s 56.9, placing Datadog, Inc. ahead in operating efficiency. Gross margins stand at Confluent, Inc. 74% vs Datadog, Inc. 80%.