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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.