Datadog, Inc. vs Cloudflare, Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsDevTools & Observability
Data as of Q1 2026
Summary Verdict
DDOG: 4—NET: 1wins
Rule of 40
55.8DDOG
41.1NET
check_circleDDOG leads
Revenue Growth
29.7%DDOG
31.4%NET
check_circleNET leads
Gross Margin
80%DDOG
74%NET
check_circleDDOG leads
FCF Margin
26.1%DDOG
9.7%NET
check_circleDDOG leads
Operating Margin
-1.3%DDOG
-10.0%NET
check_circleDDOG leads
NRR
—DDOG
—NET
Metric
Rule of 40Efficiency score
DDOG
55.8check_circle
NET
41.1
Revenue GrowthYoY
DDOG
29.7%
NET
31.4%check_circle
Gross Margin% of revenue
DDOG
80%check_circle
NET
74%
FCF MarginFree cash flow
DDOG
26.1%check_circle
NET
9.7%
Operating MarginGAAP
DDOG
-1.3%check_circle
NET
-10.0%
NRRNet retention
DDOG
N/A
NET
N/A
EV / RevenueValuation multiple
DDOG
26.1xcheck_circle
NET
44.9x
Market CapUSD
DDOG
$92.1B
NET
$98.5Bcheck_circle
ARR GrowthYoY
DDOG
N/A
NET
N/A
CAC PaybackMonths to recover
DDOG
N/A
NET
N/A
insights
Analysis
As of Q1 2026, Datadog, Inc. trades at 26.1x EV/Revenue versus Cloudflare, Inc. at 44.9x. On the Rule of 40, Datadog, Inc. scores 55.8 compared to Cloudflare, Inc.'s 41.1, placing Datadog, Inc. ahead in operating efficiency. Gross margins stand at Datadog, Inc. 80% vs Cloudflare, Inc. 74%.
Sector Context
Datadog, Inc. operates in the DevTools & Observability sector and Cloudflare, Inc. operates in the Vertical SaaS sector. The median comparison above shows where they stand relative to their respective peers.