As of 12/2025, Databricks is in talks to raise $5B at a valuation of $134B, which is roughly 32 times this year's expected sales of about $4.1B.
The company told investors its gross margin is falling faster than anticipated, to 74% compared to an earlier plan for 77%, due to increasing usage of its AI products.
As of 12/2025, Databricks has more than 20,000 customers, according to its website.