Databricks Nears Monumental $5B Funding at a Whopping $134B Valuation
AI and data analytics titan, Databricks, is reportedly on the brink of securing a massive $5 billion in new funding at a jaw-dropping $134 billion valuation. This valuation is approximately 32 times its projected 2025 revenue of $4.1 billion. This latest funding round comes hot on the heels of the company’s previous valuation of $100 billion in August 2025.
The San Francisco-based company has been on an impressive growth trajectory, consistently raising its revenue forecasts throughout 2025. Starting with projections of $3.8 billion, Databricks increased its guidance to $4 billion in September, and has now boosted it once more to $4.1 billion. This reflects a remarkable 55% year-over-year growth.
While the adoption of AI is fuelling unprecedented revenue growth for the company, serving over 20,000 customers including industry giants like Block, Shell, and Rivian, it’s also affecting margins. Databricks has communicated to investors that gross margins have dipped to 74% from an earlier target of 77%, as the demand for its compute-intensive AI products continues to skyrocket.