Does Datadog, Inc. have an economic moat?

Based on its FY2025 SEC filings, the Moat Index scores Datadog, Inc. (DDOG) 49.3 out of 100 — a Shallow moat. The five questions behind that score begin at 20% each; if exactly one genuinely lacks data, the other four weights are renormalized and disclosed. revenue and EPS trend 75, pricing power 100, returns on capital 0, balance-sheet safety 28, capital allocation 44.

How has DDOG's Moat Score changed over time?

The record logs 28 readings since Jul 17, 2026; the latest reads 49.3 out of 100 (shallow moat). No tier changes on record yet. (Methodology or normalizer upgrades on Jul 20, 2026, Jul 23, 2026, Jul 26, 2026 re-based the score; readings across versions aren't compared.) The history is append-only — readings are only ever added, never rewritten.

Datadog, Inc.

DDOG · Technology · FY2025 filings · as of Oct 15, 2026 · Shallow moat ·

Doesn't clear the bar

Shallow moat

The five investor questions

2021–2025 (latest 5 aligned FYs; v3 window cap 5): revenue $1.0B to $3.4B, increasing; diluted EPS -0.07 to 0.31, increasing.

100

Median gross margin 78.4% over 9y, very stable.

Median ROIC -1.6%, above the 12% hurdle in 0% of years.

Net debt/EBITDA n/ax, interest coverage -4x.

Owner earnings changed trend unclear over up to the ten most recent annual observations, share count n/a.

Price vs. value if growth stopped today

A cautious baseline, not a price target: what the shares may support if normalized owner earnings simply hold steady.

Above value if growth stopped todayBelow value if growth stopped today

No price data

: $56.6M
: Unavailable — insufficient owner-earnings data
: Unavailable — insufficient growth-model data
: $269.33
: No price data

This zero-growth estimate assumes trailing owner earnings persist — unreliable for declining businesses. The recent FY revenue series does not trigger the three-consecutive-declines flag.

Among the current top-score group, the median current price is 240% above the zero-growth estimate across 49 of the current top 50 companies by Moat Score with both values.

Score records captured Oct 15, 2026.

Exactly which 50 companies?

FTNT, IBEX, META, MEDP, MSFT, GOOG, LULU, ANF, IDXX, TXRH, FHI, QLYS, FFIV, ADBE, LLY, MANH, CPRT, VEEV, RMD, GRMN, PCTY, EAT, UI, SSD, MNST, DOCS, LRCX, MCO, NTAP, NVDA, CORT, SFM, MPTI, ULTA, SN, ROL, CTAS, PAYC, IRMD, DECK, MORN, INTU, JKHY, TPR, LGCY, DAL, GWW, ISRG, MPWR, LOPE

Missing a usable price or zero-growth estimate: ANF.

Model details under moat-index@3.0.0: zero-growth multiple 11.1×, capped-growth comparison at no more than 18×; 9% discount rate; high-end growth 0% (capped at 4%) using min(5y revenue CAGR, 5y diluted-EPS CAGR), clamped to 0%–4%; maintenance capex uses min(capex, D&A); abstain when D&A is unavailable. This is a disclosed model range, not intrinsic value as fact.

10 years of fundamentals

The business, in plain English

Datadog, Inc. booked $3.4B of revenue in FY2025 in the Technology sector and kept 80.0% of it as gross profit — a high-margin business by that measure. After every other cost, 3.1% of each revenue dollar reached the bottom line.

Across the filed record, revenue grew from $101M (FY2017) to $3.4B (FY2025) — about 55.4% a year compounded over 8 years.

It earned −1.1% on invested capital in the latest filed year, FY2025. Across the full 7-year measurable filed record, median ROIC was −1.6%. Over the v3 recent window (7 measurable filed years), median ROIC was −1.6%. The Returns on Capital filter above scores it 0/100.

DDOG's latest filed year, FY2025, doesn't disclose total debt in a form the methodology can use, so current leverage is treated as unmeasured — never assumed to be zero.

Put together: Pricing Power is the strongest of the five filters (100/100) and Returns on Capital the weakest (0/100), which is how DDOG lands at 49/100 — a Shallow moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

Sales, as filed$3.4B FY2025

Revenue kept after cost of goods80.0% FY2025

Standard ROIC or separately labeled Operating ROIC

Exact FY and FY-1 financing invested-capital inputs are required.

Cash an owner could take out$108M FY2025

The explained ROIC gaps have filed inputs but no meaningful positive invested-capital denominator. Other gaps mean the item is not in the filings for that year. The series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Flagship explainer

How Datadog, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed line	Value	% of revenue	Source
	$3.4B	100%	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
Cost of revenue	$687M	20%	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
	$2.7B	80%	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
	−$44.4M	−1%	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
Income before tax	$127M	4%	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
Income tax	$19.3M	1%	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
	$108M	3%	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026

Source:

10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026

· event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set

Embed this chart

Flagship explainer

What Datadog, Inc. owns — and owes

Datadog, Inc.'s filing tags don't support a full breakdown — here's what is filed:

Table alternative
Filed line	Value	% of assets	Source
Total assets	$6.6B	100%	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
Cash and equivalents	$401M	6%	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
Stockholders’ equity	$3.7B	56%	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026

Source:

10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026

· event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set

Flagship explainer

What drives Datadog, Inc.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont source inputs
Input	Value	Fiscal year	Source
	$108M	FY2025	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
Income before tax	$127M	FY2025	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
Operating income	−$44.4M	FY2025	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
	$3.4B	FY2025	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
Ending assets	$6.6B	FY2025	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
Beginning assets	$5.8B	FY2024	10-K · FY 2024Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
	$3.7B	FY2025	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
	$2.7B	FY2024	10-K · FY 2024Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026

Source:

10-K · filed Feb 18, 2026Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026

· event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set

Embed this chart

Flagship explainer

Where Datadog, Inc.'s cash went

Datadog, Inc.’s filing does not supply enough provenance-matched cash-flow lines for a truthful flow chart — here’s what is filed:

Table alternative
Filed line	Value	% of cash from operations	Source
Cash from operations	$1.1B	100%	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026
Depreciation and amortization	$49.2M	5%	10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026

Source:

10-K · FY 2025Filing detailsAccession 0001628280-26-008819 · filed Feb 18, 2026

· event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set

Curated 19-manager tier

Who reported holding Datadog, Inc.

Delayed public 13F reports for 2026-Q2—not live positions, trades, or recommendations.

0 holding0 exited0 not holding0/19 resolved19 not retrieved

Named manager positions and quarter-over-quarter changes
Manager	Reported position	Quarter-over-quarter	Filing accession
Abrams Capital	Not retrieved	Comparison not retrieved	Filing not retrieved
Akre Capital	Not retrieved	Comparison not retrieved	Filing not retrieved
Baupost Group	Not retrieved	Comparison not retrieved	Filing not retrieved
Berkshire Hathaway	Not retrieved	Comparison not retrieved	Filing not retrieved
Brave Warrior Advisors	Not retrieved	Comparison not retrieved	Filing not retrieved
Dodge & Cox	Not retrieved	Comparison not retrieved	Filing not retrieved
First Eagle	Not retrieved	Comparison not retrieved	Filing not retrieved
Fundsmith	Not retrieved	Comparison not retrieved	Filing not retrieved
Gardner Russo & Quinn	Not retrieved	Comparison not retrieved	Filing not retrieved
Gates Foundation Trust	Not retrieved	Comparison not retrieved	Filing not retrieved
Mairs & Power	Not retrieved	Comparison not retrieved	Filing not retrieved
Markel / Markel-Gayner	Not retrieved	Comparison not retrieved	Filing not retrieved
Oakmark / Harris Associates	Not retrieved	Comparison not retrieved	Filing not retrieved
Pershing Square	Not retrieved	Comparison not retrieved	Filing not retrieved
Polen Capital	Not retrieved	Comparison not retrieved	Filing not retrieved
Sequoia / Ruane Cunniff	Not retrieved	Comparison not retrieved	Filing not retrieved
Southeastern Asset Management	Not retrieved	Comparison not retrieved	Filing not retrieved
Tweedy, Browne	Not retrieved	Comparison not retrieved	Filing not retrieved
Yacktman Asset Management	Not retrieved	Comparison not retrieved	Filing not retrieved

Position size uses shares and filed value from each manager’s 13F. Portfolio weight uses the eligible long-share filing denominator. Changes compare only with the immediately preceding calendar quarter.

Source: Filing source not retrieved · event Jun 30, 2026 · retrieved Oct 15, 2026

Flagship explainer

What Datadog, Inc. insiders reported

Records still being gathered — partial as of retrieval Oct 15, 2026.

Partial coverage: the incomplete Form 4 walk cannot establish no activity, an activity date, or zero counts.

Moat Score history

Moat Score over timeLast scored reading of each day, on the 0–100 scale49.3 / 100

Breaks in the line mark methodology or normalizer upgrades — readings across versions aren’t compared, so a level shift there isn’t a change in the business.

Tier changesSame-methodology and same-normalizer crossings of the Wide / Narrow / Shallow bars

Normalizer upgraded unstamped (version unknown)tomoat-xbrl-normalizer@1.1.0 — readings across versions aren’t comparedJul 26, 2026
Methodology upgraded moat-index@2.0.0tomoat-index@3.0.0 — readings across versions aren’t comparedJul 23, 2026
Methodology upgraded moat-index@1.2.0tomoat-index@2.0.0 — readings across versions aren’t comparedJul 20, 2026

Scores are logged append-only and never overwritten — this record cannot be reconstructed retroactively, which is exactly why it’s worth keeping.

Insider activity

Form 4 reports mix P/S market or private transactions with compensation-plan mechanics. Activity casually described as “insider selling” can include compensation mechanics; awards, tax withholding, and option exercises are shown by their exact filed class here, never collapsed into “Bought” or “Sold.”

These are disclosed filing facts and arithmetic aggregates, not a signal or verdict.

This machine-readable surface covers SEC ownership filings from 2003; it does not represent earlier paper-era records.

Records still being gathered — partial as of retrieval Oct 15, 2026.

Trailing-12-month totals and the 90-day cluster result are withheld because this issuer walk is incomplete.

Insider					Shares owned after	Date	Filing detail
Le-Quoc AlexisDirector, Chief Technology Officer	Conversion of derivative security (C)Table I · Acquired · Class A Common Stock	53,912	—Conversion of derivative security (C)	—	See lot detail	Oct 7, 2026	2 filed lots Table I · Class A Common Stock: 43,224 shares at — (Conversion of derivative security (C)) · code C · owned after 531,257 · FORM 4 · filed Oct 9, 2026Filing detailsAccession 0001561550-26-000324 · filed Oct 9, 2026 Table I · Class A Common Stock: 10,688 shares at — (Conversion of derivative security (C)) · code C · owned after 541,945 · FORM 4 · filed Oct 9, 2026Filing detailsAccession 0001561550-26-000324 · filed Oct 9, 2026
Le-Quoc AlexisDirector, Chief Technology Officer	Open-market or private sale (S)Table I · Disposed · Class A Common Stock	53,912	$273.5953	$14,750,067	See lot detail	Oct 7, 2026	9 filed lots Table I · Class A Common Stock: 600 shares at $280.4283 · code S · owned after 488,033 · FORM 4 · filed Oct 9, 2026Filing detailsAccession 0001561550-26-000324 · filed Oct 9, 2026 Table I · Class A Common Stock: 18,609 shares at $271.3954 · code S · owned after 523,336 · FORM 4 · filed Oct 9, 2026Filing detailsAccession 0001561550-26-000324 · filed Oct 9, 2026 Table I · Class A Common Stock: 5,338 shares at $272.2528 · code S · owned after 517,998 · FORM 4 · filed Oct 9, 2026Filing detailsAccession 0001561550-26-000324 · filed Oct 9, 2026 Table I · Class A Common Stock: 2,789 shares at $273.2656 · code S · owned after 515,209 · FORM 4 · filed Oct 9, 2026Filing detailsAccession 0001561550-26-000324 · filed Oct 9, 2026 Table I · Class A Common Stock: 13,036 shares at $274.5108 · code S · owned after 502,173 · FORM 4 · filed Oct 9, 2026Filing detailsAccession 0001561550-26-000324 · filed Oct 9, 2026 Table I · Class A Common Stock: 8,268 shares at $275.2553 · code S · owned after 493,905 · FORM 4 · filed Oct 9, 2026Filing detailsAccession 0001561550-26-000324 · filed Oct 9, 2026 Table I · Class A Common Stock: 2,272 shares at $276.2291 · code S · owned after 491,633 · FORM 4 · filed Oct 9, 2026Filing detailsAccession 0001561550-26-000324 · filed Oct 9, 2026 Table I · Class A Common Stock: 1,700 shares at $277.3618 · code S · owned after 489,933 · FORM 4 · filed Oct 9, 2026Filing detailsAccession 0001561550-26-000324 · filed Oct 9, 2026 Table I · Class A Common Stock: 1,300 shares at $278.8838 · code S · owned after 488,633 · FORM 4 · filed Oct 9, 2026Filing detailsAccession 0001561550-26-000324 · filed Oct 9, 2026
Le-Quoc AlexisDirector, Chief Technology Officer	Exercise or conversion of derivative security (M)Table II · Disposed · Stock Option (Right to Buy)	10,688	—Exercise or conversion of derivative security (M)	—	120,562	Oct 7, 2026	1 filed lot Table II · Stock Option (Right to Buy): 10,688 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 120,562 · FORM 4 · filed Oct 9, 2026Filing detailsAccession 0001561550-26-000324 · filed Oct 9, 2026
Le-Quoc AlexisDirector, Chief Technology Officer	Exercise or conversion of derivative security (M)Table II · Acquired · Class B Common Stock	10,688	$10.74	$114,789	2,170,718	Oct 7, 2026	1 filed lot Table II · Class B Common Stock: 10,688 shares at $10.74 · code M · owned after 2,170,718 · FORM 4 · filed Oct 9, 2026Filing detailsAccession 0001561550-26-000324 · filed Oct 9, 2026
Le-Quoc AlexisDirector, Chief Technology Officer	Conversion of derivative security (C)Table II · Disposed · Class B Common Stock	53,912	—Conversion of derivative security (C)	—	2,116,806	Oct 7, 2026	1 filed lot Table II · Class B Common Stock: 53,912 shares at — (Conversion of derivative security (C)) · code C · owned after 2,116,806 · FORM 4 · filed Oct 9, 2026Filing detailsAccession 0001561550-26-000324 · filed Oct 9, 2026
Phillips DominicDirector	Grant, award, or other acquisition (A)Table I · Acquired · Class A Common Stock	57	$273.85	$15,609	6,368	Oct 1, 2026	1 filed lot Table I · Class A Common Stock: 57 shares at $273.85 · code A · owned after 6,368 · FORM 4 · filed Oct 2, 2026Filing detailsAccession 0001561550-26-000322 · filed Oct 2, 2026
Le-Quoc AlexisDirector, Chief Technology Officer	Conversion of derivative security (C)Table I · Acquired · Class A Common Stock · 1 paired event	43,224	—Conversion of derivative security (C)	—	531,257	Sep 23, 2026	1 filed lot Table I · Class A Common Stock: 43,224 shares at — (Conversion of derivative security (C)) · code C · owned after 531,257 · Paired event: 43,224 Class B Common Stock → 43,224 Class A Common Stock · FORM 4 · filed Sep 25, 2026Filing detailsAccession 0001561550-26-000320 · filed Sep 25, 2026
Le-Quoc AlexisDirector, Chief Technology Officer	Open-market or private sale (S)Table I · Disposed · Class A Common Stock	43,224	$252.1744	$10,899,988	See lot detail	Sep 23, 2026	8 filed lots Table I · Class A Common Stock: 645 shares at $249.2082 · code S · owned after 530,612 · FORM 4 · filed Sep 25, 2026Filing detailsAccession 0001561550-26-000320 · filed Sep 25, 2026 Table I · Class A Common Stock: 1,372 shares at $250.5526 · code S · owned after 529,240 · FORM 4 · filed Sep 25, 2026Filing detailsAccession 0001561550-26-000320 · filed Sep 25, 2026 Table I · Class A Common Stock: 22,007 shares at $251.4458 · code S · owned after 507,233 · FORM 4 · filed Sep 25, 2026Filing detailsAccession 0001561550-26-000320 · filed Sep 25, 2026 Table I · Class A Common Stock: 9,633 shares at $252.3567 · code S · owned after 497,600 · FORM 4 · filed Sep 25, 2026Filing detailsAccession 0001561550-26-000320 · filed Sep 25, 2026 Table I · Class A Common Stock: 5,347 shares at $253.3223 · code S · owned after 492,253 · FORM 4 · filed Sep 25, 2026Filing detailsAccession 0001561550-26-000320 · filed Sep 25, 2026 Table I · Class A Common Stock: 2,000 shares at $254.3497 · code S · owned after 490,253 · FORM 4 · filed Sep 25, 2026Filing detailsAccession 0001561550-26-000320 · filed Sep 25, 2026 Table I · Class A Common Stock: 1,600 shares at $255.5912 · code S · owned after 488,653 · FORM 4 · filed Sep 25, 2026Filing detailsAccession 0001561550-26-000320 · filed Sep 25, 2026 Table I · Class A Common Stock: 620 shares at $256.1465 · code S · owned after 488,033 · FORM 4 · filed Sep 25, 2026Filing detailsAccession 0001561550-26-000320 · filed Sep 25, 2026
Le-Quoc AlexisDirector, Chief Technology Officer	Conversion of derivative security (C)Table II · Disposed · Class B Common Stock · 1 paired event	43,224	—Conversion of derivative security (C)	—	2,160,030	Sep 23, 2026	1 filed lot Table II · Class B Common Stock: 43,224 shares at — (Conversion of derivative security (C)) · code C · owned after 2,160,030 · Paired event: 43,224 Class B Common Stock → 43,224 Class A Common Stock · FORM 4 · filed Sep 25, 2026Filing detailsAccession 0001561550-26-000320 · filed Sep 25, 2026
OBSTLER DAVID MChief Financial Officer	Open-market or private sale (S)Table I · Disposed · Class A Common Stock	16,000	$241.25	$3,860,000	See lot detail	Sep 21, 2026	3 filed lots Table I · Class A Common Stock: 10,000 shares at $241.25 · code S · owned after 368,067 · FORM 4 · filed Sep 23, 2026Filing detailsAccession 0001561550-26-000318 · filed Sep 23, 2026 Table I · Class A Common Stock: 3,000 shares at $241.25 · code S · owned after 0 · FORM 4 · filed Sep 23, 2026Filing detailsAccession 0001561550-26-000318 · filed Sep 23, 2026 Table I · Class A Common Stock: 3,000 shares at $241.25 · code S · owned after 0 · FORM 4 · filed Sep 23, 2026Filing detailsAccession 0001561550-26-000318 · filed Sep 23, 2026
OBSTLER DAVID MChief Financial Officer	Conversion of derivative security (C)Table I · Acquired · Class A Common Stock · 2 paired events	6,000	—Conversion of derivative security (C)	—	See lot detail	Sep 21, 2026	2 filed lots Table I · Class A Common Stock: 3,000 shares at — (Conversion of derivative security (C)) · code C · owned after 3,000 · Paired event: 3,000 Class B Common Stock → 3,000 Class A Common Stock · FORM 4 · filed Sep 23, 2026Filing detailsAccession 0001561550-26-000318 · filed Sep 23, 2026 Table I · Class A Common Stock: 3,000 shares at — (Conversion of derivative security (C)) · code C · owned after 3,000 · Paired event: 3,000 Class B Common Stock → 3,000 Class A Common Stock · FORM 4 · filed Sep 23, 2026Filing detailsAccession 0001561550-26-000318 · filed Sep 23, 2026
OBSTLER DAVID MChief Financial Officer	Conversion of derivative security (C)Table II · Disposed · Class B Common Stock · 2 paired events	6,000	—Conversion of derivative security (C)	—	See lot detail	Sep 21, 2026	2 filed lots Table II · Class B Common Stock: 3,000 shares at — (Conversion of derivative security (C)) · code C · owned after 31,198 · Paired event: 3,000 Class B Common Stock → 3,000 Class A Common Stock · FORM 4 · filed Sep 23, 2026Filing detailsAccession 0001561550-26-000318 · filed Sep 23, 2026 Table II · Class B Common Stock: 3,000 shares at — (Conversion of derivative security (C)) · code C · owned after 31,199 · Paired event: 3,000 Class B Common Stock → 3,000 Class A Common Stock · FORM 4 · filed Sep 23, 2026Filing detailsAccession 0001561550-26-000318 · filed Sep 23, 2026
OBSTLER DAVID MChief Financial Officer	Open-market or private sale (S)Table I · Disposed · Class A Common Stock	64,000	$227.472	$14,558,205	See lot detail	Sep 14, 2026	39 filed lots Table I · Class A Common Stock: 2,656 shares at $221.2371 · code S · owned after 415,411 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000316 · filed Sep 16, 2026 Table I · Class A Common Stock: 5,424 shares at $222.1654 · code S · owned after 409,987 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000316 · filed Sep 16, 2026 Table I · Class A Common Stock: 2,414 shares at $231.531 · code S · owned after 381,752 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000316 · filed Sep 16, 2026 Table I · Class A Common Stock: 3,057 shares at $232.7071 · code S · owned after 378,695 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000316 · filed Sep 16, 2026 Table I · Class A Common Stock: 628 shares at $233.30 · code S · owned after 378,067 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000316 · filed Sep 16, 2026 Table I · Class A Common Stock: 2,452 shares at $223.1165 · code S · owned after 407,535 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000316 · filed Sep 16, 2026 Table I · Class A Common Stock: 1,801 shares at $224.3436 · code S · owned after 405,734 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000316 · filed Sep 16, 2026 Table I · Class A Common Stock: 3,940 shares at $225.1327 · code S · owned after 401,794 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000316 · filed Sep 16, 2026 Table I · Class A Common Stock: 629 shares at $226.1915 · code S · owned after 401,165 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000316 · filed Sep 16, 2026 Table I · Class A Common Stock: 562 shares at $227.716 · code S · owned after 400,603 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000316 · filed Sep 16, 2026 Table I · Class A Common Stock: 1,189 shares at $228.5826 · code S · owned after 399,414 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000316 · filed Sep 16, 2026 Table I · Class A Common Stock: 9,623 shares at $229.9206 · code S · owned after 389,791 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000316 · filed Sep 16, 2026 Table I · Class A Common Stock: 5,625 shares at $230.5076 · code S · owned after 384,166 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000316 · filed Sep 16, 2026 Table I · Class A Common Stock: 798 shares at $221.2365 · code S · owned after 11,202 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 1,689 shares at $230.5094 · code S · owned after 1,832 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 724 shares at $231.5317 · code S · owned after 1,108 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 918 shares at $232.7079 · code S · owned after 190 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 190 shares at $233.2997 · code S · owned after 0 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 786 shares at $221.2389 · code S · owned after 11,214 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 1,635 shares at $222.1623 · code S · owned after 9,579 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 725 shares at $223.1157 · code S · owned after 8,854 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 525 shares at $224.3448 · code S · owned after 8,329 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 1,169 shares at $225.1313 · code S · owned after 7,160 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 1,624 shares at $222.1661 · code S · owned after 9,578 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 181 shares at $226.1915 · code S · owned after 6,979 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 163 shares at $227.7183 · code S · owned after 6,816 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 358 shares at $228.5972 · code S · owned after 6,458 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 2,935 shares at $229.9168 · code S · owned after 3,523 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 1,729 shares at $230.5063 · code S · owned after 1,794 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 713 shares at $231.5314 · code S · owned after 1,081 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 899 shares at $232.7071 · code S · owned after 182 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 182 shares at $233.2996 · code S · owned after 0 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 738 shares at $223.1165 · code S · owned after 8,840 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 545 shares at $224.3433 · code S · owned after 8,295 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 1,182 shares at $225.1332 · code S · owned after 7,113 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 190 shares at $226.1915 · code S · owned after 6,923 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 169 shares at $227.7159 · code S · owned after 6,754 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 360 shares at $228.5859 · code S · owned after 6,394 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 2,873 shares at $229.9209 · code S · owned after 3,521 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026
OBSTLER DAVID MChief Financial Officer	Conversion of derivative security (C)Table I · Acquired · Class A Common Stock · 2 paired events	24,000	—Conversion of derivative security (C)	—	See lot detail	Sep 14, 2026	2 filed lots Table I · Class A Common Stock: 12,000 shares at — (Conversion of derivative security (C)) · code C · owned after 12,000 · Paired event: 12,000 Class B Common Stock → 12,000 Class A Common Stock · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table I · Class A Common Stock: 12,000 shares at — (Conversion of derivative security (C)) · code C · owned after 12,000 · Paired event: 12,000 Class B Common Stock → 12,000 Class A Common Stock · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026
OBSTLER DAVID MChief Financial Officer	Conversion of derivative security (C)Table II · Disposed · Class B Common Stock · 2 paired events	24,000	—Conversion of derivative security (C)	—	See lot detail	Sep 14, 2026	2 filed lots Table II · Class B Common Stock: 12,000 shares at — (Conversion of derivative security (C)) · code C · owned after 34,199 · Paired event: 12,000 Class B Common Stock → 12,000 Class A Common Stock · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026 Table II · Class B Common Stock: 12,000 shares at — (Conversion of derivative security (C)) · code C · owned after 34,198 · Paired event: 12,000 Class B Common Stock → 12,000 Class A Common Stock · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000315 · filed Sep 16, 2026
Acocella KerryGeneral Counsel and Secretary	Open-market or private sale (S)Table I · Disposed · Class A Common Stock	5,280	$228.85	$1,208,328	See lot detail	Sep 14, 2026	10 filed lots Table I · Class A Common Stock: 200 shares at $221.6285 · code S · owned after 120,323 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000314 · filed Sep 16, 2026 Table I · Class A Common Stock: 300 shares at $222.8033 · code S · owned after 120,023 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000314 · filed Sep 16, 2026 Table I · Class A Common Stock: 400 shares at $224.3175 · code S · owned after 119,623 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000314 · filed Sep 16, 2026 Table I · Class A Common Stock: 409 shares at $225.3354 · code S · owned after 119,214 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000314 · filed Sep 16, 2026 Table I · Class A Common Stock: 191 shares at $226.3243 · code S · owned after 119,023 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000314 · filed Sep 16, 2026 Table I · Class A Common Stock: 600 shares at $228.8934 · code S · owned after 118,423 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000314 · filed Sep 16, 2026 Table I · Class A Common Stock: 1,156 shares at $229.8443 · code S · owned after 117,267 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000314 · filed Sep 16, 2026 Table I · Class A Common Stock: 1,024 shares at $230.8722 · code S · owned after 116,243 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000314 · filed Sep 16, 2026 Table I · Class A Common Stock: 900 shares at $232.5087 · code S · owned after 115,343 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000314 · filed Sep 16, 2026 Table I · Class A Common Stock: 100 shares at $233.37 · code S · owned after 115,243 · FORM 4 · filed Sep 16, 2026Filing detailsAccession 0001561550-26-000314 · filed Sep 16, 2026
Walters Sean MichaelChief Revenue Officer	Open-market or private sale (S)Table I · Disposed · Class A Common Stock	11,710	$221.0386	$2,588,362	See lot detail	Sep 11, 2026	5 filed lots Table I · Class A Common Stock: 800 shares at $219.6846 · code S · owned after 244,045 · FORM 4 · filed Sep 15, 2026Filing detailsAccession 0001561550-26-000310 · filed Sep 15, 2026 Table I · Class A Common Stock: 5,824 shares at $220.6722 · code S · owned after 238,221 · FORM 4 · filed Sep 15, 2026Filing detailsAccession 0001561550-26-000310 · filed Sep 15, 2026 Table I · Class A Common Stock: 4,286 shares at $221.4015 · code S · owned after 233,935 · FORM 4 · filed Sep 15, 2026Filing detailsAccession 0001561550-26-000310 · filed Sep 15, 2026 Table I · Class A Common Stock: 500 shares at $222.3125 · code S · owned after 233,435 · FORM 4 · filed Sep 15, 2026Filing detailsAccession 0001561550-26-000310 · filed Sep 15, 2026 Table I · Class A Common Stock: 300 shares at $224.4533 · code S · owned after 233,135 · FORM 4 · filed Sep 15, 2026Filing detailsAccession 0001561550-26-000310 · filed Sep 15, 2026
Li YanbingChief Product Officer	Open-market or private sale (S)Table I · Disposed · Class A Common Stock	12,700	$221.2591	$2,809,991	See lot detail	Sep 11, 2026	6 filed lots Table I · Class A Common Stock: 400 shares at $219.045 · code S · owned after 262,746 · FORM 4 · filed Sep 15, 2026Filing detailsAccession 0001561550-26-000309 · filed Sep 15, 2026 Table I · Class A Common Stock: 3,700 shares at $220.5687 · code S · owned after 259,046 · FORM 4 · filed Sep 15, 2026Filing detailsAccession 0001561550-26-000309 · filed Sep 15, 2026 Table I · Class A Common Stock: 7,300 shares at $221.4209 · code S · owned after 251,746 · FORM 4 · filed Sep 15, 2026Filing detailsAccession 0001561550-26-000309 · filed Sep 15, 2026 Table I · Class A Common Stock: 700 shares at $222.1771 · code S · owned after 251,046 · FORM 4 · filed Sep 15, 2026Filing detailsAccession 0001561550-26-000309 · filed Sep 15, 2026 Table I · Class A Common Stock: 300 shares at $223.03 · code S · owned after 250,746 · FORM 4 · filed Sep 15, 2026Filing detailsAccession 0001561550-26-000309 · filed Sep 15, 2026 Table I · Class A Common Stock: 300 shares at $224.8767 · code S · owned after 250,446 · FORM 4 · filed Sep 15, 2026Filing detailsAccession 0001561550-26-000309 · filed Sep 15, 2026
Pomel OlivierDirector, Chief Executive Officer	Conversion of derivative security (C)Table I · Acquired · Class A Common Stock	89,497	—Conversion of derivative security (C)	—	675,913	Sep 8, 2026	1 filed lot Table I · Class A Common Stock: 89,497 shares at — (Conversion of derivative security (C)) · code C · owned after 675,913 · FORM 4 · filed Sep 10, 2026Filing detailsAccession 0001561550-26-000306 · filed Sep 10, 2026
Pomel OlivierDirector, Chief Executive Officer	Open-market or private sale (S)Table I · Disposed · Class A Common Stock	10,800	$204.0258	$2,203,479	665,113	Sep 8, 2026	1 filed lot Table I · Class A Common Stock: 10,800 shares at $204.0258 · code S · owned after 665,113 · FORM 4 · filed Sep 10, 2026Filing detailsAccession 0001561550-26-000306 · filed Sep 10, 2026
Pomel OlivierDirector, Chief Executive Officer	Exercise or conversion of derivative security (M)Table II · Disposed · Stock Option (Right to Buy)	35,715	—Exercise or conversion of derivative security (M)	—	631,163	Sep 8, 2026	1 filed lot Table II · Stock Option (Right to Buy): 35,715 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 631,163 · FORM 4 · filed Sep 10, 2026Filing detailsAccession 0001561550-26-000306 · filed Sep 10, 2026
Pomel OlivierDirector, Chief Executive Officer	Exercise or conversion of derivative security (M)Table II · Acquired · Class B Common Stock	35,715	$10.74	$383,579	8,820,022	Sep 8, 2026	1 filed lot Table II · Class B Common Stock: 35,715 shares at $10.74 · code M · owned after 8,820,022 · FORM 4 · filed Sep 10, 2026Filing detailsAccession 0001561550-26-000306 · filed Sep 10, 2026

Source-event as of Oct 7, 2026. Retrieved Oct 15, 2026.

Track record

How Datadog, Inc.’s moat rated in each of the years we can reconstruct from its filings — scored only on what was knowable at the time — and what its price and returns did afterward. The score never saw a price; the two are joined only in hindsight, for education, not as a signal.

Point-in-time Moat Score (dot colored by tier)Indexed price (total-return (dividends reinvested))Rated Wide-moat that year

How to read this: each dot is what the engine would have scored DDOG on that December 31; the line below is its total-return price path (dividends reinvested) in the years since.

Two tracks, one timeline: the score has its own 0–100 scale (top), the price its own 100-based scale (bottom) — never a shared axis. The price path is a total-return (dividends reinvested) index built from the same data the forward returns use; gaps in the score line are years with no reconstructed rating (see the table for why). The Table view carries every value.

What followed, in the years it rated Wide

In the reconstructed history shown, DDOG did not rate Wide-moat in any year, so there is no wide-moat track record to report. That absence is itself the honest answer — we don’t manufacture a comparison where the rating never earned one.

Technology context

#310 of 751 scored Technology companies, ranked by Moat Score.

Nearest peers by Moat Score

#308AWRE AWARE, INC.49.4 out of 100, Shallow moatShallow moat
#309UPYY UPAY, INC.49.4 out of 100, Shallow moatShallow moat
#311SVCO Silvaco Group, Inc.49.3 out of 100, Shallow moatShallow moat
#312MITK MITEK SYSTEMS, INC.49.2 out of 100, Shallow moatShallow moat

Compare DDOG with its nearest peers →All Technology companies on the Index →

Common questions about DDOG

Does Datadog, Inc. have an economic moat?: Based on its FY2025 SEC filings, the Moat Index scores Datadog, Inc. (DDOG) 49.3 out of 100 — a Shallow moat. The five questions behind that score begin at 20% each; if exactly one genuinely lacks data, the other four weights are renormalized and disclosed. revenue and EPS trend 75, pricing power 100, returns on capital 0, balance-sheet safety 28, capital allocation 44.
How has DDOG's Moat Score changed over time?: The record logs 28 readings since Jul 17, 2026; the latest reads 49.3 out of 100 (shallow moat). No tier changes on record yet. (Methodology or normalizer upgrades on Jul 20, 2026, Jul 23, 2026, Jul 26, 2026 re-based the score; readings across versions aren't compared.) The history is append-only — readings are only ever added, never rewritten.

Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell DDOG. See the disclaimer.