Story perspectives
Databricks Eyes IPO After Securing $1.8 Billion Financing
1/24/2026
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Story summary
- Databricks has secured $1.8 billion in debt financing, lifting total debt to over $7 billion.
- The debt positions Databricks for a potential IPO in 2026.
- Databricks closed a $4 billion equity round at a $134 billion valuation.
- The company reported $4.8 billion in annualized revenue, up 55% year over year, with positive free cash flow.
- Ali Ghodsi, co-founder and Databricks CEO, indicated that an IPO is a possibility this year.
