Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data
Datadog Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
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).
- Accounts payable
- Accounts payable as a percentage of total liabilities and stockholders' equity shows fluctuations over the examined periods, with a notable rise observed from mid-2023, peaking near 2.41%, followed by minor declines yet remaining above earlier historical lows. This indicates an increasing reliance on short-term creditor financing towards the later periods.
- Accrued expenses and other current liabilities
- The proportion of accrued expenses and other current liabilities demonstrates variability. It peaked around late 2021 and early 2022, exceeding 5%, and subsequently declined gradually through 2023 and into 2025, stabilizing near 2.3%, signaling a reduction in short-term obligations relative to the company's total capital structure.
- Operating lease liabilities, current
- Current operating lease liabilities as a percentage remain relatively stable, showing a slight declining trend from about 1.26% in early 2020 to around 0.55%-0.57% in the latest quarters, suggesting decreasing lease obligations or reclassification of such liabilities.
- Convertible senior notes, net, current
- The current portion of convertible senior notes appears only from late 2024 onward, comprising a significant share of total liabilities and equity (above 10%), implying recent issuance or reclassification of notes maturing in the short term.
- Deferred revenue, current
- Current deferred revenue exhibits an overall upward trend from roughly 9% in early 2020 to a peak near 19.45% in late 2021, with gradual decreases thereafter to around 15.79% by early 2025, indicating fluctuations in customer prepayments and revenue recognition timing.
- Current liabilities
- Current liabilities as a whole rose consistently from 13.53% in Q2 2020 to a high above 25% in late 2021 and early 2023, followed by a marked increase in mid to late 2024, exceeding 40%, before declining back near 30% by Q1 2025. This pattern reflects significant variation in near-term obligations, potentially from new financing or operational cycles.
- Operating lease liabilities, non-current
- Non-current operating lease liabilities generally declined from over 4% in early 2020 to slightly above 0.5% toward the end of 2023, with a subsequent rise in 2024 to around 3-4%, suggesting variable commitments to long-term leases or changes in lease accounting policies.
- Convertible senior notes, net, non-current
- Non-current convertible senior notes form a substantial proportion of total liabilities and equity, peaking near 37.55% in early 2021, then steadily declining to approximately 16-17% by early 2025. This decrease signals amortization, repayment, or conversion activities reducing long-term debt.
- Deferred revenue, non-current
- Non-current deferred revenue remains a minor component, generally below 1%, with minor fluctuations but no clear trend, indicating limited long-term customer prepayments.
- Other liabilities
- Other liabilities represent a small and stable portion, consistently below 0.4%, indicating minimal impact on the overall financial structure.
- Non-current liabilities
- Non-current liabilities experienced a sharp increase from about 5% in early 2020 to a peak above 40% in early 2021, followed by a substantial decline to below 5% in mid-2024, and then rising again to approximately 20% by early 2025. These swings likely reflect shifting balances between long-term debt instruments and their reclassification into current liabilities.
- Total liabilities
- Total liabilities generally increased from approximately 25% of total liabilities and equity in early 2020 to a peak near 56.9% in early 2021, then showed a gradual decline through early 2024 to about 43%, with an exception of a temporary rise back to 53% in late 2024, indicating dynamic liability management.
- Equity Components
- Stockholders’ equity has fluctuated inversely with liabilities, starting from about 75% in early 2020 and decreasing to levels near 43% in early 2021 before recovering steadily to approximately 57% by late 2024, though dipping again near 47-49% in early 2025. Additional paid-in capital largely follows this pattern, increasing from 50% to over 57% in mid-2023 before moderate declines.
- Accumulated other comprehensive income (loss)
- This component remains relatively small and volatile, oscillating around zero or slight losses, suggesting minor impacts on overall equity from comprehensive income adjustments.
- Retained earnings (accumulated deficit)
- Retained earnings show a progressive improvement from a negative 11% in early 2020, gradually moving toward positive territory by early 2025, shifting from a deficit to a surplus. This indicates an ongoing process of earnings retention or loss recovery over the analyzed period.