Datadog (DDOG) vs Shopify (SHOP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Datadog (DDOG) has outperformed Shopify (SHOP) over the past year, gaining 66.8% versus a loss of 1.1%. Over five years, DDOG leads with a +77.2% price change compared with +15.5% for SHOP. Shopify is the larger company by market cap ($213.54 billion vs $98.31 billion), about 2.2 times the size.
On valuation, Shopify trades at a lower forward P/E (67.1x vs 92.1x for Datadog). Shopify converts more of its revenue into profit, with a net margin of 10.7% versus 3.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DDOG | SHOP |
|---|---|---|
| Share price | $273.80 | $164.56 |
| Market cap | $98.31B | $213.54B |
| 1-day change | +0.91% | -0.89% |
| YTD return | +101.34% | +2.23% |
| 1-year return | +66.83% | -1.12% |
| 5-year return | +77.24% | +15.51% |
| P/E ratio (TTM) | 547.60 | 111.19 |
| Forward P/E | 92.05 | 67.12 |
| EPS (TTM) | $0.50 | $1.48 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $3.43B | $11.56B |
| Revenue growth (YoY) | +27.68% | +30.14% |
| Net income (latest FY) | $107.74M | $1.23B |
| Gross margin | 79.96% | 48.07% |
| Operating margin | -1.29% | 12.70% |
| Net margin | 3.14% | 10.65% |
| 52-week high | $292.72 | $182.19 |
| 52-week low | $98.01 | $94.00 |
| Distance from 52-week high | -6.46% | -9.68% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +4.85% | +5.18% |
| Average volume | 4.05M | 9.46M |
| Shares outstanding | 334.90M | 1.22B |
| Employees | 8,100 | 7,600 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Shopify is about 2.2 times larger than Datadog by market value ($213.54B vs $98.31B).
- DDOG has outperformed SHOP by 68.0 percentage points over the past year.
- Datadog trades at a higher earnings multiple (547.6x vs 111.2x trailing P/E).
- Shopify is more profitable, keeping 10.7 cents of every revenue dollar as net income versus 3.1 cents for Datadog.
About Datadog
DDOG stock →Datadog, Inc. operates an observability and security platform for cloud applications in the United States and internationally.
Technology · Computer Software: Prepackaged Software · 8,100 employees
About Shopify
SHOP stock →Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces.
Technology · Computer Software: Prepackaged Software · 7,600 employees
DDOG vs SHOP FAQ
Which is bigger, Datadog or Shopify?
Shopify (SHOP) is larger, with a market capitalization of $213.54B compared with $98.31B for Datadog (DDOG).
Which stock has performed better over the past year, DDOG or SHOP?
DDOG returned +66.83% over the past 12 months, compared with -1.12% for SHOP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DDOG or SHOP?
SHOP has the lower trailing P/E at 111.2, versus 547.6 for DDOG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Datadog and Shopify in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.