Databricks passes $7B run rate as growth accelerates to 80%

Databricks says its annualized revenue run rate now tops $7 billion. Year-over-year growth in the second quarter came in above 80%. The milestone was announced around August 13, 2026. It arrived alongside a $5 billion strategic funding round that lifted the company’s valuation to approximately $190 billion. The numbers, quarter by quarter A run rate is a snapshot that gets stretched into a year. You take current revenue and project it over twelve months. It is not the same as audited annual revenue, but it shows how fast the business is moving right now. On that measure, Databricks has been climbing steadily. In December 2025, the company reported a $4.8 billion run rate with growth of more than 55%. By February 2026, the figure had reached $5.4 billion. Growth at that point was above 65%. Now it is past $7 billion, with growth above 80%. Every stage brought a larger revenue base and a faster growth rate. The research behind the announcement credits enterprise demand for the company’s AI products. It also points to demand for platforms that support AI-driven analytics. What Databricks actually sells The company is known for its data lakehouse architecture. In plain terms, it aims t...