Datadog Inc (DDOG)

Fixed asset turnover

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Revenue (ttm)	US$ in thousands	2,834,575	2,684,275	2,536,197	2,393,717	2,257,898	2,128,359	2,008,109	1,897,106	1,793,784	1,675,100	1,531,899	1,365,854	1,193,265	1,028,784	880,117	764,304	670,767	603,466	539,579	480,768
Property, plant and equipment	US$ in thousands	—	—	—	—	—	—	279,602	145,100	138,400	125,346	110,889	161,807	90,713	136,507	68,820	109,744	52,805	47,197	97,424	95,352
Fixed asset turnover		—	—	—	—	—	—	7.18	13.07	12.96	13.36	13.81	8.44	13.15	7.54	12.79	6.96	12.70	12.79	5.54	5.04

March 31, 2025 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,834,575K ÷ $—K
= —

The data indicates that Datadog Inc.’s fixed asset turnover experienced significant fluctuations over the analyzed period. Initially, in June 2020, the ratio stood at 5.04, reflecting a modest level of efficiency in generating revenue from its fixed assets. Over the subsequent quarters, the ratio generally increased, reaching a peak of 13.81 in September 2022, which suggests a period of heightened efficiency or higher revenue generation relative to the company's fixed assets. Notably, the ratio showed some volatility, with a decline to 13.36 in December 2022 and further slight decreases or stabilization around the 12.96 to 13.07 range during 2023, indicating maintained but relatively stable efficiency levels.

A stark decline is observed in September 2023, where the ratio drops sharply to 7.18, nearly halving the previous peak and signaling a potential decrease in revenue efficiency relative to fixed assets. The absence of data beyond this point precludes further analysis of recent or expected performance. Overall, the fluctuations suggest that Datadog has experienced periods of both increased and decreased efficiency in utilizing its fixed assets to generate sales, with a notable peak in late 2022 followed by a significant decline in late 2023.