today. and Thank you, for joining thank you all AJ us
the employees, over results to systemic dismantle that million COVID communities. charities the raised by of as supporting release, black want proudly for Before we with the to discrimination report quarter, discussing our as together I well $X organizations working experienced
company and we And our living are our committed diversity in communities. reasons, many help. do for Datadog part to to unprecedented and inclusion supporting is want and as We to always, times within
quarter growth generation logo turning robust we continued results, strong financial strong report adoption. and and Now to to platform QX including new challenging during another happy are times, demonstrated Execution was efficiencies. of
to in execution growth usage pleased impact While our micro of the did of we are with to the some rate our related the we experience environment. quarter, customers
this new and XX% $XXX best more, cloud about of form as end customer in increase customers believe above cases in in evidence was $XXX,XXX for to with XX% We demand our a continue or these the use XX% we near-term, the this macro need year-over-year of ARR quarter customers to high and achieve the is with agile of accentuate overall and to that new guidance confirms at our we this outcomes uncertainty million, increase see X,XXX And the QX of the the the These digital customers. remains last path To ARR. over first revenue While be environment of and high generate year. which growing level, an of summarize, ended of existing range. an the long-term. from
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free customers usage based continued capital adopted to also $XX net on and our over past newer dollar retention be million. as And of rate We with quarters, increased efficient their cash in as was products. flow XXX%
continuing high at growth are deliver we to So scale.
looking at detail. Now QX in more
both to quarter the grew saw from New digital logo last and in record robust in migration cloud new as year-over-year the customers sizes logo and companies and transformation. gross all QX. geographies set of new quarter ARR and prioritize generation was matched additions We
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we mentioned as in impact and the macro have on on was results, existing execution strong, our environment some growth Now, customers. while particular top of did line earlier,
our seen sizable in saw had continue usage to of the pandemic. below QX, but environment. we This customers this grow the platform who of primarily before trends customers, rate Our growth larger dynamic was was already in cloud our the
look customers Given conserve we consumption could these therefore, still cloud cash uncertainty, optimize of macro saw and they where infrastructure. the to
growth. was of it they large in going as long large AWS, greatest cloud large What plainly, a it savings. a would journey penetration that Note GCP Azure companies a through was their enterprises have cloud put number that remain mostly customers low look the with deals note overall in runway optimization cloud unusual growth are also see in On this their earlier relative for time. many enterprises a the the adoption on basis. this time. are the continue continue to through of same customers or see these smaller flip from new customers their exercises Therefore, quarter customers a we environment. that at I cloud, at scale to and over while these go IT see to side, not these stronger motion, to regular short-term is To
of some get we to like do not I'd provide on into July. to update, in providing what habit while commentary we intra-quarter the Lastly, want saw
It notable unique however macro our the broad-based by this the sustain too across ended. Given saw growth a strength over will seconds given is last the macro to base. customer usage We relative month, to in improvement if soon know, environment. QX, driven growth
and David these remain As will for speak the to. we trends, result a in encouraged which are outlook while by our prudently year, of remainder the we conservative
cloud we a and subscription footprint relative growth of revenue based of have the our reminder, our a revenue both and As volume. data usage to and growth is the model customer's
topic, proud our this the of teams very bookend to Finally, challenging performance during I'm the times. of go-to-market
we what product new teams against of delivering logos levels our As control executing are and record we are and can cross-sell. well
R&D, investments to make on continue Next deliver we rapidly to significant to innovation.
record track many products introducing success we portfolio. to see of new opportunities expand a have and We our proven new
private test teams and For example, from general are accessible not locations we Synthetics, announced enables availability proactively Internet. that ops of applications dev for public recently to internal the the which
directly for in with repository. deployment the earlier acquired also provider test and before is enable Lab, before a software Datadog and logs of identify workflows issues the access Data of and Internet AWS injected integration for And on Things agent availability Undefined engineers include a innovations product customers the mobile production. and observability Firehose workflows. continuous Datadog the central the even of dev provide continued to lifecycle IoT Other code them provide will release to support the This We to of of equip app tracking Kinesis better the to services be reaching Amazon into with starting visibility enable will to preview to to alerts devices. enable committed to and this streaming dashboards Datadog go, Datadog; general from
and a X-click of AWS integrations added number We also Apache and HiveMQ, including improved Hazelcast. have deploy, Ignite
rapid products Switching Conference, available week low-impact and keep we Annual recently achieved in we'll fully is SaaS, for authorization continued investing XX. marketplace. we at plan FedRAMP a be now As of R&D, our next our we the FedRAMP pace on Dash, of online is User held newer which some bit, showcasing in gears innovation and August for Datadog
public our sector go is market while likely some motion out build it time. to to continue to We and take
long-term We opportunity. about are excited this
quarter. briefly wins Now let's the several in about talk
building been using pillars First, for a in logging to on company. sale savings of million FinTech this had refocus customer consolidating they into has them monitoring move to single than Datadog. we This monitoring disparate from large a and of observability. multiple disparate teams With from expect with platform tools features a $X all three seven-figure Datadog, able vendors more engineering allowed new
now increasingly Infrastructure to Another APM adopting automotive from which moving Through their NPM, platform are figure of agile company, model. share and a modernizing development is came Azure. adoption and European Datadog Microsoft a collaborating seven on an are teams Monitoring expansion and
products, for monitoring a Datadog products. infrastructure mentioned had $XX a high has well ARR. that now security. and in had And a and of the Synthetics This with adoption million with using platform observability using company ARR six and platform use a of a also record At to standardized large drill entertainment up existing is of saw last, in Datadog Synthetics, as levels And scaling any down that to seen now with during increase we this which networking over us and manager, a land has as logs company layers, and on tremendous identify investment of figure been made growth decision more products a we on APM asset Next, easily more our to monitoring six leading using figure we both RUM commit new pandemic. by deal and into social can and pillars, upsell Datadog. use scale, and to early figure seven NPM, request they has including is three quickly sale all their
to on outlook. our moving Now,
we market is opportunity. path As our it we important of half very Recent look very more digital outcome. one achieve events ahead business the about to cloud thing is a the remain clear, to be the to than the this second made best excited ever first year, and have
priorities, macro trends focus We against but likely well to near-term, to executing primary the continue uncertainty, to have our is strategic the the the Datadog executing is positioned market. remains beneficiary on in to In our on and continue not win remains changed. these of cause which very believe environment
introducing building products, new improve are our we to categories solutions. continuing innovation by track new strong First, record of and entering on existing
talent are continue we pursuing market. are rapidly Second, R&D would go-to-market channel. to in the into And aggressively that otherwise and globally we in and newer third, get expanding not our hire
to confident that I we and in David? Chief that, Financial are to Officer, the over near-term sustain our to growth like call time. strong over Obstler. turn We very the David With both continue would
