Databricks announced Q2 2026 revenue run-rate of $7B with year-over-year growth exceeding 80%, raising $5B in strategic funding at a $190B valuation. The company reported positive adjusted free cash flow over the prior 12 months, >$1.5B run-rate for Lakehouse (growing >100% YoY), and >$100M run-rate for Lakebase. Databricks claims >1,000 customers at >$1M run-rate and >100 customers at >$10M run-rate. The scale and growth rate are material data points on enterprise adoption and revenue concentration risk for a major platform vendor.
344 other tracked developments touching the same claims.