DDOG
Datadog, Inc.
DDOG has the edge over SKHY overall, supported by stronger valuation.
SKHY
SK hynix Inc.
SKHY offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
DDOG Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Strong | |
| Strong |
DDOG's revenue, profitability, cash flow and balance sheet are all currently healthy.
SKHY Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SKHY's revenue, profitability, cash flow and balance sheet are all currently strong.
DDOG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 62x | $184 | — |
| Cheap | 251x | $181 | -2.1% |
| Current | 256x | $184 | — |
| Fair | 379x | $273 | +48% |
| Expensive | 621x | $447 | +142% |
Historical ranges are pointers, not guarantees.
DDOG's PE is in its cheap range at 256x. If earnings grow as analysts expect, today's price would be 62x next year's earnings.
SKHY PE Valuation
SKHY has no meaningful PE right now: it lost money over the past year.
DDOG Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Broad | |
| Low |
Analysts expect strong earnings and revenue growth for DDOG, with profitability holding steady. However, they disagree widely on these estimates.
SKHY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
SKHY has the edge over DDOG on the outlook, with more favorable profitability expectations.
DDOG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.99 | +315% |
| Q3 2026 | $0.72 | +125% |
| Q2 2026 | $0.50 | +39% |
| Q1 2026 | $0.39 | -17% |
| Q4 2025 | $0.31 | -40% |
| Q3 2025 | $0.32 | -42% |
| Q2 2025 | $0.36 | -23% |
| Q1 2025 | $0.47 | +38% |
| Q4 2024 | $0.52 | +271% |
DDOG earned $0.72 per share over the past year, up 125% from the year before.
SKHY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $17.04 | +461% |
| Q1 2026 | $7.91 | +187% |
| Q4 2025 | $4.52 | +113% |
| Q3 2025 | $3.78 | +244% |
| Q2 2025 | $3.04 | +1026% |
| Q1 2025 | $2.76 | +$3.26 |
| Q4 2024 | $2.12 | +$3.11 |
| Q3 2024 | $1.10 | +$2.35 |
SKHY has the edge over DDOG on earnings, with more consistent year-over-year improvement.
DDOG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +35% |
| Q2 2026 | $1.1B | +36% |
| Q1 2026 | $1B | +32% |
| Q4 2025 | $953.2M | +29% |
| Q3 2025 | $885.7M | +28% |
| Q2 2025 | $826.8M | +28% |
| Q1 2025 | $761.6M | +25% |
| Q4 2024 | $737.7M | +25% |
DDOG's revenue has grown year over year every quarter since late 2020: $1.2B last quarter, up 35% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.2% | +6.9 points |
| Q2 2026 | 0.5% | +4.8 points |
| Q1 2026 | 0.7% | +2.4 points |
| Q4 2025 | 1% | -0.3 points |
| Q3 2025 | -0.7% | -3.6 points |
| Q2 2025 | -4.3% | -6.3 points |
| Q1 2025 | -1.6% | -3.6 points |
| Q4 2024 | 1.3% | -3.4 points |
DDOG's operating margin was 6.2% last quarter, up 6.9 points from the same quarter a year ago, near the top of its range since 2019.
SKHY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $59.4B | +257% |
| Q1 2026 | $39.4B | +198% |
| Q4 2025 | $24.6B | +66% |
| Q3 2025 | $18.3B | +39% |
| Q2 2025 | $16.7B | +35% |
| Q1 2025 | $13.2B | +42% |
| Q4 2024 | $14.8B | +75% |
| Q3 2024 | $13.2B | +94% |
SKHY has the edge over DDOG on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 76% | +35 points |
| Q1 2026 | 72% | +29 points |
| Q4 2025 | 58% | +18 points |
| Q3 2025 | 47% | +6.6 points |
| Q2 2025 | 41% | +8.1 points |
| Q1 2025 | 42% | +19 points |
| Q4 2024 | 41% | +38 points |
| Q3 2024 | 40% | +60 points |
SKHY has the edge over DDOG on profitability, with a higher operating margin.
DDOG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $279.1M | +19% |
| Q2 2026 | $306M | +65% |
| Q1 2026 | $323.3M | +23% |
| Q4 2025 | $318.2M | +24% |
| Q3 2025 | $234.7M | +6.5% |
| Q2 2025 | $184.9M | +16% |
| Q1 2025 | $262.8M | +33% |
| Q4 2024 | $257.5M | +23% |
DDOG's free cash flow has been positive every quarter for seven years: $1.2B over the past year, up 31% from the year before.
SKHY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $41.2B | +1111% |
| Q1 2026 | $13.8B | +619% |
| Q4 2025 | $6.5B | +142% |
| Q3 2025 | $6.8B | +127% |
| Q2 2025 | $3.4B | +26% |
| Q1 2025 | $1.9B | +20% |
| Q4 2024 | $2.7B | +67% |
| Q3 2024 | $3B | +$3.4B |
SKHY generated $68.3B in free cash flow over the past year, about six times what it generated the year before.
DDOG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.1% | +4M shares |
| 1 year | +3.6% | +13M shares |
| 3 years | +6.7% | +23.7M shares |
| 5 years | +21% | +64.8M shares |
| Available history | +14% | +47.2M shares |
DDOG has 375M diluted shares, up 3.6% from a year ago.
SKHY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +14.8M shares |
| 1 year | +0.2% | +14.8M shares |
| 3 years | +3.7% | +254M shares |
| 5 years | +3.9% | +268M shares |
| Available history | +4.3% | +294M shares |
SKHY has the edge over DDOG on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
SKHY hasn't bought back shares in the past year.
DDOG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.6x | Very low |
| Q2 2026 | 7.0x | High |
| Q1 2026 | 18.2x | High |
| Q4 2025 | 123.2x | High |
| Q3 2025 | 94.8x | High |
| Q2 2025 | 16.5x | High |
| Q1 2025 | 6.9x | High |
| Q4 2024 | 3.6x | Elevated |
DDOG's net debt is less than a year of its operating earnings (EBITDA), down from more than 20 years a year ago.
SKHY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -0.0x | Net Cash |
| Q1 2026 | 0.0x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | 0.3x | Very low |
| Q4 2024 | 0.4x | Very low |
| Q3 2024 | 0.6x | Very low |
SKHY has the edge over DDOG on leverage, with a lower net debt burden relative to earnings.
DDOG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.5 | Neutral |
| Stochastic | 16.7 | Oversold |
DDOG's weekly RSI is 43 (neutral) and its Stochastic is 17 (oversold).
SKHY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 28.7 | Oversold |
| Stochastic | 19.7 | Oversold |
SKHY's weekly RSI is 29 (oversold) and its Stochastic is 20 (oversold).
DDOG PE vs Technology Sector
| Metric | DDOG | Sector median | Relative |
|---|---|---|---|
| PE | 256x | 28x | 820% above |
| PE % | 19 | 35 | 16 pts below |
DDOG is trading at 256x earnings, a 820% premium to the Technology sector's median of 28x.
SKHY PE vs Technology Sector
SKHY has no meaningful PE right now: it lost money over the past year.
DDOG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $244.3 | 24% below |
| 20 week MA | $243.6 | 24% below |
| 50 week MA | $189.3 | 2.6% below |
| 100 week MA | $161.1 | 14% above |
| 200 week MA | $134.5 | 37% above |
DDOG has stronger trend alignment. DDOG is above 2 of 5 weekly averages versus SKHY above 0 of 1.
SKHY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $155.4 | 11% below |
SKHY is in a downtrend: it's below all one of its weekly moving averages, and 11% below its 8-week average.
DDOG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.1 | $106.3 | +194% |
| 2021 | $106.3 | $180.4 | +70% |
| 2022 | $180.4 | $72.4 | -60% |
| 2023 | $72.4 | $121.4 | +68% |
| 2024 | $121.4 | $146.0 | +20% |
| 2025 | $146.0 | $138.3 | -5.3% |
| 2026 YTD | $138.3 | $184.5 | +33% |
DDOG has the edge over SKHY on returns for 2026, with the stronger performance.
SKHY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2026 YTD | $168.0 | $137.7 | -18% |
It's down 18% so far in 2026.