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WSJ Tech News Briefing · Thursday, August 6, 2026

DataDog Predicts Slower Growth Due to Customer Usage Reduction

DataDog has issued a lower-than-expected full-year sales outlook, citing reduced usage from a significant customer, identified as a leading AI company. Despite this, DataDog reported growth in the second quarter and secured a nine-figure renewal deal with the same customer. The company now projects annual revenue of $4.47 billion, falling short of Wall Street estimates.

tickerDDOGcompanyDataDog

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3 quotes
And DataDog says one of its biggest customers is reducing usage, weighing on its outlook.
Ami Monet Louis
The guidance includes reduced usage from a leading AI company, which just signed a nine-figure renewal deal with DataDog.
Ami Monet Louis
The company now expects $4.47 billion in annual revenue, below analyst projections of $4.69 billion.
Ami Monet Louis
Heard on WSJ Tech News Briefing — “TNB Tech Minute: SpaceX and Tesla Plan Texas Chip Plant, published Thursday, August 6, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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DataDog Predicts Slower Growth Due to Customer Usage Reduction — Heardvine