The capital will accelerate AI strategy, including expansions in Agent Bricks (AI agent development toolset), Lakebase (new database offering with Postgres layer for analytics on operational data), and global growth.
CEO Statement (Ali Ghodsi): Emphasizes unprecedented demand for AI apps and agents, turning data into "goldmines." Highlights momentum in AI products powering large businesses, with a vision for Databricks to become a trillion-dollar business.
Serves major clients like Block, Comcast, CondΓ© Nast, Rivian, Shell, and over 60% of the Fortune 500. Global customers are (current)>15,000.
Databricks Historical Milestones
Aug 14, 2026
Databricks surpasses $7B Revenue Run-Rate with >80% YoY growth$7B
π₯ 1,000 Customers
Feb 9, 2026
Databricks annualized revenue exceeded $5.4B, up 65% YoY, with $1.4B from AI products$5.4B
Sep 9, 2025
Databricks ARR Hits $4B$4B
π₯ 650 Customers
Aug 20, 2025
Databricks ARR Hits $3.7B$3.7B
Dec 18, 2024
Databricks ARR crossing $3B$3B
Dec 1, 2023
Databricks nearly $2B ARR$2B
AI INSIGHTS
Revenue Growth Projection
Projected ARR in 1 Year
$10.1B
Est. Time to $10.5B
~407 days
Share this revenue signal