When databrick will offer ipo

``` The deep research logic is organized as follows: Okay, let's tackle the user's question about when Databricks will offer an IPO. First, I need to go through the provided references to gather all relevant information. The user is asking specifically about the IPO timing, so I should focus on any mentions of IPO plans, delays, or factors influencing the decision. Looking at the references, several articles mention that Databricks is delaying its IPO plans. For example, reference 1 states that despite Wall Street enthusiasm, Databricks is postponing IPO plans due to the new funding round. Reference 17 also notes that the company is using the new funds to delay the IPO. The valuation has jumped to $100B, which is a significant increase from the previous $62B in December 2024. This suggests that the company feels no immediate pressure to go public. There are also mentions of the company's financial health. Reference 4 and 5 talk about annualized revenue growth of 50% and a revenue run rate of $3.7B. Profitability is improving, with a net retention rate over 140% and positive free cash flow expected. These are positive signs for an IPO, but the company is choosing to stay private for now. Strategic reasons are another factor. Databricks is investing in AI products like Agent Bricks and Lakebase, as well as partnerships with Palantir and SAP. They're also expanding their talent pool, hiring 3,000 more employees. These initiatives might be part of solidifying their market position before going public. Market conditions are a key consideration. The AI sector is booming, which could be a favorable environment for an IPO. However, the company might be waiting for the right timing to maximize valuation. References 12, 14, and 15 discuss the potential IPO window in late 2025 or early 2026, depending on market sentiment. The user's profile mentions interest in tech stocks and IPOs, so highlighting the strategic reasons and market factors would be relevant. They might also be interested in how Databricks' delay compares to other high-profile IPOs, like CoreWeave or Canva, which are mentioned in reference 13. Putting it all together, the conclusion is that Databricks is delaying its IPO due to strong private funding and strategic priorities. The IPO is likely to happen in late 2025 or early 2026, contingent on market conditions and the company's readiness. I should structure the answer with a clear conclusion, followed by detailed analysis using the references, and include a table summarizing the key points. Also, need to ensure all citations are correctly formatted and any visualizations are included as per the requirements. ``` ### **Conclusion** 🚨 Databricks is delaying its IPO plans indefinitely, opting to remain private for now to capitalize on its $100 billion valuation and accelerate AI-focused initiatives. While the company could theoretically go public as early as late 2025 or early 2026, the timing hinges on market conditions, AI sector momentum, and its ability to solidify its leadership in enterprise AI solutions . --- ### **Analysis** 📊 #### **1. Why the Delay?** | **Reason** | **Details** | |-------------------------------|-----------------------------------------------------------------------------| | **Valuation Surge** | Databricks’ latest funding round values the company at $100B, up 61% from its $62B valuation in December 2024 . | | **AI Expansion** | Funds will prioritize AI product development (e.g., Agent Bricks, Lakebase) and talent acquisition (3,000 new hires) . | | **Market Readiness** | CEO Ali Ghodsi emphasizes the need for favorable market conditions and long-term strategic alignment . | | **Profitability** | Annualized revenue hit $3.7B (50% YoY growth), with positive free cash flow expected soon . | #### **2. IPO Timing Outlook** | **Scenario** | **Likelihood** | **Key Factors** | |-------------------------------|----------------|---------------------------------------------------------------------------------| | **Late 2025/Early 2026** | High | Strong AI sector momentum, potential for a $100B+ IPO valuation . | | **Postponed Beyond 2026** | Moderate | Continued private funding success and focus on AI infrastructure dominance . | #### **3. Market Context** - **Competitor Pressure**: Snowflake ($65.8B market cap) faces direct competition from Databricks’ AI-driven “lakehouse” architecture . - **Institutional Interest**: Investors like Thrive Capital and Andreessen Horowitz are doubling down on Databricks’ private rounds, signaling confidence in its private trajectory . --- ### **Key Takeaways** 🎯 - **For Investors**: Databricks’ delay reflects a strategic bet on AI leadership over short-term liquidity. Stay tuned for updates on its AI product pipeline and market share gains. - **For Market-watchers**: The company’s IPO could be one of the largest tech IPOs in 2025/2026, rivaling firms like CoreWeave ($23B valuation) and Canva ($32B valuation) . Query |code|stock code|stock name|Last Price|Last Change|Theme|Inclusion Reason|market_code| |---|---|---|---|---|---|---|---| |FLD|FLD.O|Fold Holdings|3.85|4.619565|||186| |CANG|CANG.N|Cango|4.78|-3.0425959999999996|||169| |RIOT|RIOT.O|Riot Platforms|11.9199|-3.2475650000000003|||186| |CLSK|CLSK.O|CleanSpark|9.3909|-4.564024|||186| |COIN|COIN.O|Coinbase Global|304.99|-4.907555|||185| |CRCL|CRCL.N|Circle|134.07|-5.304422000000001|||169| |BTCM|BTCM.N|BIT Mining|3.0201|-5.621875|||169| |MARA|MARA.O|MARA Holdings|15.165|-5.748912|||186| |WULF|WULF.O|TeraWulf|8.795|-6.236674|||186| |MSTR|MSTR.O|Strategy|339.7392|-6.562376|||185|