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Snowflake Inc. (SNOW) vs Datadog, Inc. (DDOG)

SaaS Metrics Comparison

Summary Verdict

Rule of 40DDOG
EV / RevenueSNOW
Revenue Growth (YoY)SNOW
Gross MarginDDOG
FCF MarginDDOG

Metrics Comparison

MetricSnowflake Inc. (SNOW)Datadog, Inc. (DDOG)
Rule of 4053.156.9
EV / Revenue10.5x13.3x
Revenue Growth (YoY)29.2%27.7%
Gross Margin67%80%
FCF Margin23.9%29.2%
NRRN/AN/A
Market Cap$52.0B$45.9B
ARR Growth (YoY)N/AN/A
CAC Payback (months)N/AN/A
Operating Margin-30.6%-1.3%

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Analysis

As of Q1 2026, Snowflake Inc. trades at 10.5x EV/Revenue versus Datadog, Inc. at 13.3x. On the Rule of 40, Snowflake Inc. scores 53.1 compared to Datadog, Inc.'s 56.9, placing Datadog, Inc. ahead in operating efficiency among public SaaS companies.

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