Databricks Reports $5.4B Revenue Run Rate as AI Products Drive Growth

Databricks announced it has reached a $5.4 billion revenue run rate, representing 65% year-over-year growth, with more than $1.4 billion generated from AI products. Co-founder and CEO Ali Ghodsi indicated the milestone reflects how artificial intelligence is expanding usage of the company’s core data platform rather than replacing software-as-a-service systems. He explained that AI interfaces such as Genie, Databricks’ natural-language interface for querying enterprise data, are enabling broader adoption of data infrastructure by making analytics accessible without technical query languages.

The company recently closed a $5 billion funding round at a $134 billion valuation, alongside securing a $2 billion loan facility, strengthening its capital position. Databricks continues investing in AI-native infrastructure, including its Lakebase database designed for AI agents, as it positions itself at the intersection of enterprise data platforms and AI-driven software.