DDOG vs. ESTC

Last updated Apr 1, 2026

Compare and contrast key facts about Datadog, Inc. (DDOG) and Elastic N.V. (ESTC).

Performance

DDOG vs. ESTC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Datadog, Inc. (DDOG) and Elastic N.V. (ESTC). The values are adjusted to include any dividend payments, if applicable.

DDOG vs. ESTC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DDOG Datadog, Inc.	-13.19%	-4.83%	17.72%	65.14%	-58.73%	80.93%	160.56%	0.61%
ESTC Elastic N.V.	-33.74%	-23.86%	-12.09%	118.83%	-58.16%	-15.77%	127.26%	-31.38%

Fundamentals

Market Cap DDOG : $43.15B ESTC : $5.28B
EPS DDOG : $0.30 ESTC : -$0.80
PS Ratio DDOG : 12.50 ESTC : 3.15
PB Ratio DDOG : 11.56 ESTC : 6.68
Total Revenue (TTM) DDOG : $3.43B ESTC : $1.68B
Gross Profit (TTM) DDOG : $2.74B ESTC : $1.27B
EBITDA (TTM) DDOG : $191.67M ESTC : -$20.70M

Returns By Period

In the year-to-date period, DDOG achieves a -13.19% return, which is significantly higher than ESTC's -33.74% return.

DDOG

• 1D: 1.93%
• 1M: 5.44%
• YTD: -13.19%
• 6M: -17.10%
• 1Y: 18.99%
• 3Y*: 17.56%
• 5Y*: 6.25%
• 10Y*: —

ESTC

• 1D: 1.17%
• 1M: -3.99%
• YTD: -33.74%
• 6M: -40.83%
• 1Y: -43.89%
• 3Y*: -4.78%
• 5Y*: -15.28%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

DDOG vs. ESTC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DDOG

DDOG Risk / Return Rank: 53
DDOG Sharpe Ratio Rank: 55
DDOG Sortino Ratio Rank: 55
DDOG Omega Ratio Rank: 54
DDOG Calmar Ratio Rank: 51
DDOG Martin Ratio Rank: 51

ESTC

ESTC Risk / Return Rank: 7
ESTC Sharpe Ratio Rank: 8
ESTC Sortino Ratio Rank: 10
ESTC Omega Ratio Rank: 10
ESTC Calmar Ratio Rank: 6
ESTC Martin Ratio Rank: 1

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DDOG vs. ESTC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Datadog, Inc. (DDOG) and Elastic N.V. (ESTC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DDOG	ESTC	Difference
Sharpe ratio Return per unit of total volatility	0.34	-0.86	+1.20
Sortino ratio Return per unit of downside risk	0.96	-1.10	+2.05
Omega ratio Gain probability vs. loss probability	1.12	0.85	+0.27
Calmar ratio Return relative to maximum drawdown	0.34	-0.93	+1.28
Martin ratio Return relative to average drawdown	0.77	-2.17	+2.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DDOG vs. ESTC - Sharpe Ratio Comparison

The current DDOG Sharpe Ratio is 0.34, which is higher than the ESTC Sharpe Ratio of -0.86. The chart below compares the historical Sharpe Ratios of DDOG and ESTC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DDOG	ESTC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.34	-0.86	+1.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	-0.26	+0.37
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	-0.08	+0.40

Correlation

The correlation between DDOG and ESTC is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

DDOG vs. ESTC - Dividend Comparison

Neither DDOG nor ESTC has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

DDOG vs. ESTC - Drawdown Comparison

The maximum DDOG drawdown since its inception was -68.11%, smaller than the maximum ESTC drawdown of -74.33%. Use the drawdown chart below to compare losses from any high point for DDOG and ESTC.

Drawdown Indicators

	DDOG	ESTC	Difference
Max Drawdown Largest peak-to-trough decline	-68.11%	-74.33%	+6.22%
Max Drawdown (1Y) Largest decline over 1 year	-48.62%	-48.64%	+0.02%
Max Drawdown (5Y) Largest decline over 5 years	-68.11%	-74.33%	+6.22%
Current Drawdown Current decline from peak	-40.89%	-73.24%	+32.35%
Average Drawdown Average peak-to-trough decline	-31.15%	-39.15%	+8.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.87%	20.98%	+0.89%

Volatility

DDOG vs. ESTC - Volatility Comparison

Datadog, Inc. (DDOG) has a higher volatility of 15.46% compared to Elastic N.V. (ESTC) at 12.47%. This indicates that DDOG's price experiences larger fluctuations and is considered to be riskier than ESTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DDOG	ESTC	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.46%	12.47%	+2.99%
Volatility (6M) Calculated over the trailing 6-month period	44.09%	39.69%	+4.40%
Volatility (1Y) Calculated over the trailing 1-year period	55.44%	51.45%	+3.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.31%	58.62%	-2.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.80%	57.90%	+0.90%

Financials

DDOG vs. ESTC - Profitability Comparison

The chart below illustrates the profitability comparison between Datadog, Inc. and Elastic N.V. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DDOG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Datadog, Inc. reported a gross profit of 766.30M and revenue of 953.19M. Therefore, the gross margin over that period was 80.4%.

ESTC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Elastic N.V. reported a gross profit of 343.44M and revenue of 449.88M. Therefore, the gross margin over that period was 76.3%.

DDOG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Datadog, Inc. reported an operating income of 9.36M and revenue of 953.19M, resulting in an operating margin of 1.0%.

ESTC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Elastic N.V. reported an operating income of 611.00K and revenue of 449.88M, resulting in an operating margin of 0.1%.

DDOG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Datadog, Inc. reported a net income of 46.57M and revenue of 953.19M, resulting in a net margin of 4.9%.

ESTC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Elastic N.V. reported a net income of 7.75M and revenue of 449.88M, resulting in a net margin of 1.7%.