Databricks said it crossed a US$5.4 billion revenue run-rate with more than 65 percent year-over-year growth in the fourth quarter, the company said on 9 February 2026. It also announced roughly US$5 billion of equity financing at a US$134 billion valuation, plus about US$2 billion of additional debt capacity.
Executive commentary said: "We're seeing overwhelming investor interest in our next chapter as we go after two new markets." Proceeds are earmarked to accelerate Lakebase and Genie among other AI investments, with the firm pitching operational databases built for AI agents alongside its lakehouse stack.
Scale metrics and valuation figures are company-stated from the newsroom release. Customer mix across critical sectors was framed as a moat narrative rather than a detailed cohort breakdown.
Enterprise buyers already on Databricks will watch whether Lakebase and Genie change platform concentration risk, pricing and data-residency options as the company grows into new markets.
Figures and customer claims in this piece are those stated by the company or acquirer in the cited materials.
Product roadmaps and close timelines remain subject to the usual commercial and regulatory conditions.