Datadog, Inc. vs Snowflake Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsDevTools & Observability
Data as of Q2 2026
Summary Verdict
DDOG: 4—SNOW: 1wins
Rule of 40
66.8DDOG
65.8SNOW
check_circleDDOG leads
Revenue Growth
43.1%DDOG
46.0%SNOW
check_circleSNOW leads
Gross Margin
79%DDOG
67%SNOW
check_circleDDOG leads
FCF Margin
23.7%DDOG
19.8%SNOW
check_circleDDOG leads
Operating Margin
-0.7%DDOG
-23.8%SNOW
check_circleDDOG leads
NRR
—DDOG
—SNOW
Metric
Rule of 40Efficiency score
DDOG
66.8check_circle
SNOW
65.8
Revenue GrowthYoY
DDOG
43.1%
SNOW
46.0%check_circle
Gross Margin% of revenue
DDOG
79%check_circle
SNOW
67%
FCF MarginFree cash flow
DDOG
23.7%check_circle
SNOW
19.8%
Operating MarginGAAP
DDOG
-0.7%check_circle
SNOW
-23.8%
NRRNet retention
DDOG
N/A
SNOW
N/A
EV / RevenueValuation multiple
DDOG
19.4xcheck_circle
SNOW
21.6x
Market CapUSD
DDOG
$75.8B
SNOW
$116.9Bcheck_circle
ARR GrowthYoY
DDOG
N/A
SNOW
N/A
CAC PaybackMonths to recover
DDOG
N/A
SNOW
N/A
insights
Analysis
As of Q2 2026, Datadog, Inc. trades at 19.4x EV/Revenue versus Snowflake Inc. at 21.6x. On the Rule of 40, Datadog, Inc. scores 66.8 compared to Snowflake Inc.'s 65.8, placing Datadog, Inc. ahead in operating efficiency. Gross margins stand at Datadog, Inc. 79% vs Snowflake Inc. 67%.
Sector Context
Datadog, Inc. operates in the DevTools & Observability sector and Snowflake Inc. operates in the Data & Analytics sector. The median comparison above shows where they stand relative to their respective peers.