Stock Analysis on Net

Datadog Inc. (NASDAQ:DDOG)

$24.99

Common-Size Balance Sheet: Assets
Quarterly Data

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Datadog Inc., common-size consolidated balance sheet: assets (quarterly data)

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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 Mar 31, 2020
Cash and cash equivalents
Marketable securities
Accounts receivable, net of allowance for credit losses
Deferred contract costs, current
Prepaid expenses and other current assets
Current assets
Property and equipment, net
Operating lease assets
Goodwill
Intangible assets, net
Deferred contract costs, non-current
Restricted cash
Other assets
Non-current assets
Total assets

Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).


Cash and Cash Equivalents
Cash and cash equivalents as a percentage of total assets fluctuated over the observed periods, starting at 18.22% in March 2020, declining to single-digit low points around mid-2023 and early 2024, before sharply increasing to 21.55% by the end of 2024. The trend indicates a variable liquidity position with significant increases toward the end of the period.
Marketable Securities
The proportion of marketable securities in total assets remained the largest component throughout the duration, with values peaking around the mid-2020 period near 71% and then stabilizing around the low to mid-50% range through 2022 and 2023. There is a slight upward trend towards the end of the period, indicating continued reliance on liquid investments.
Accounts Receivable, Net
The relative share of accounts receivable trended upwards from the mid-2020 low of approximately 6.67% to a peak of 13.3% at the end of 2022, followed by a gradual decline in 2024 and early 2025 to around 8.16%. This pattern suggests a growth in receivables consistent with revenue expansion, followed by improved collection or turnover measures in the later periods.
Deferred Contract Costs (Current and Non-Current)
Current deferred contract costs showed a slow but steady increase from 0.87% in early 2020 to a peak of 1.14% in late 2023, followed by a slight dip in early 2025. Non-current deferred contract costs also rose moderately from 1.77% to a maximum of 1.87% in late 2023, with a slight decrease afterward. These modest increases may reflect growing contract-related expenses capitalized over time.
Prepaid Expenses and Other Current Assets
This category exhibited minor fluctuations, generally ranging from 1.0% to 1.4%, without a clear directional trend. The relative stability reflects consistent management of prepaid expenditures and other short-term assets.
Current Assets
The total current assets maintained a high proportion of total assets, generally around 80% or higher after a slight decline from the early 90% range in mid-2020. After mid-2022, current assets progressively increased, topping near 84.9% in late 2024 and early 2025, highlighting a continued emphasis on liquidity and short-term assets.
Property and Equipment, Net
Property and equipment assets showed a steady upward trend, growing from just over 3.2% in early 2020 to near 4.66% by late 2024, with a slight dip toward early 2025. This increase suggests ongoing investment in fixed assets aligning with operational expansion.
Operating Lease Assets
Operating lease assets initially declined from 4.81% in early 2020 to below 2.4% in mid-2021 but subsequently fluctuated around the 3% level, before decreasing again to approximately 2.98% to 3.38% in 2024 and early 2025. The pattern might indicate changes in lease arrangements or adoption of new accounting standards affecting lease recognition.
Goodwill
Goodwill as a percentage of total assets saw a significant increase starting in early 2021, reaching a peak around 12.46%, but then continuously declined throughout 2023 and 2024, dropping to about 6.02% by early 2025. The growing and then diminishing goodwill suggests acquisition activity followed by impairment or amortization effects in later periods.
Intangible Assets, Net
Intangible assets remained a very minor component, gradually decreasing from 0.11% in early 2020 to 0.04% by early 2025. This steady decline may correspond to amortization or disposals of intangible assets over time.
Restricted Cash
Restricted cash was a small and declining component starting around 0.32%, falling below 0.11% by late 2022, and data were not available in later periods. This suggests reduced restrictions on cash or reclassification of this category.
Other Assets
Other assets steadily decreased in relative terms from 1.49% early 2020 to below 0.44% by early 2025, indicating possible disposals, amortizations, or reclassifications reducing less significant asset categories.
Non-Current Assets
Non-current assets experienced an initial decline from 12.52% in early 2020 to around 8.8% in mid-2020, then sharply increased to over 21% by late 2021, maintaining a high level around 20%-22% through 2023. A gradual decline followed to approximately 15.54% at early 2025. This volatility reflects asset base restructuring, likely related to goodwill and fixed asset changes.
Total Assets
The total assets proportion remains constant at 100%, serving as the baseline for all other component percentages.