In Q1'26, Datadog's (DDOG) operating cash flow reached $334.6M USD, marking a sequential increase from $327.1M USD in Q4'25 and reflecting robust operational efficiency. Free cash flow for the same period stood at $323.3M USD, up from $291.0M USD in the prior quarter, indicating strong cash generation after capital expenditures. Over the period from Q2'23 to Q1'26, both operating and free cash flows exhibited an overall upward trend, with operating cash flow rising from $153.2M USD to $334.6M USD and free cash flow from $141.7M USD to $323.3M USD, driven by consistent quarterly growth in later periods. Notable patterns include seasonal dips in Q2 quarters (e.g., $164.4M USD operating in Q2'24 and $200.1M USD in Q2'25), followed by strong recoveries in Q3 and Q4, highlighting volatility tied to business cycles but underscoring improving profitability and cash conversion over time.