Databricks Revenue 2025

Databricks Revenue 2025. Databricks Databricks expects to have a $3 billion annual revenue run rate exiting its fourth quarter ending Jan With plans to generate $3.8B in revenue and a potential IPO on the horizon

Databricks Named A Leader in Gartner Magic Quadrant for Data Science
Databricks Named A Leader in Gartner Magic Quadrant for Data Science from databricks.com

In addition to adding more clients, net revenue retention was higher than 140% in FY24, indicating significant revenue. "The gap between Databricks and Snowflake is narrowing, with Databricks announcing a $3 billion revenue 2025 run rate versus Snowflake at $3.8 billion," said a Jefferies report

Databricks Named A Leader in Gartner Magic Quadrant for Data Science

Today's announcement comes on the heels of Databricks' recent momentum which includes: Growing over 60% year-over-year in the third quarter ended October 31, 2024; Expecting to cross $3 billion revenue run-rate and be free cash flow positive in the fourth quarter ending January 31, 2025 Strong Margins: Maintained non-GAAP subscription gross margins above 80%. The company also has more than 500 customers consuming more than $1 million annually

How to Buy Databricks Stock in 2025. Posted on Dec 18, 2024 Dec 19, 2024 by Christy Gren Databricks raised a whopping $10B in one of the largest capital. Databricks hit a $2.4 billion annual revenue run rate in the first half of 2024, up 60% from the same period last year

How to Buy Databricks Stock in 2025. The company also has more than 500 customers consuming more than $1 million annually With plans to generate $3.8B in revenue and a potential IPO on the horizon