Datadog, Inc. vs Dynatrace, Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsDevTools & Observability
Data as of Q1 2026
Summary Verdict
DDOG: 2—DT: 3wins
Rule of 40
55.8DDOG
52.2DT
check_circleDDOG leads
Revenue Growth
29.7%DDOG
13.2%DT
check_circleDDOG leads
Gross Margin
80%DDOG
82%DT
check_circleDT leads
FCF Margin
26.1%DDOG
39.0%DT
check_circleDT leads
Operating Margin
-1.3%DDOG
13.3%DT
check_circleDT leads
NRR
—DDOG
—DT
Metric
Rule of 40Efficiency score
DDOG
55.8check_circle
DT
52.2
Revenue GrowthYoY
DDOG
29.7%check_circle
DT
13.2%
Gross Margin% of revenue
DDOG
80%
DT
82%check_circle
FCF MarginFree cash flow
DDOG
26.1%
DT
39.0%check_circle
Operating MarginGAAP
DDOG
-1.3%
DT
13.3%check_circle
NRRNet retention
DDOG
N/A
DT
N/A
EV / RevenueValuation multiple
DDOG
26.1x
DT
6.4xcheck_circle
Market CapUSD
DDOG
$92.1Bcheck_circle
DT
$12.9B
ARR GrowthYoY
DDOG
N/A
DT
N/A
CAC PaybackMonths to recover
DDOG
N/A
DT
N/A
insights
Analysis
As of Q1 2026, Datadog, Inc. trades at 26.1x EV/Revenue versus Dynatrace, Inc. at 6.4x. On the Rule of 40, Datadog, Inc. scores 55.8 compared to Dynatrace, Inc.'s 52.2, placing Datadog, Inc. ahead in operating efficiency. Gross margins stand at Datadog, Inc. 80% vs Dynatrace, Inc. 82%.
Sector Context
Both companies operate in the DevTools & Observability sector. The median columns above show where each company stands relative to their peers.