tech

January 23, 2026

Databricks obtains $1.8 billion in additional debt ahead of IPO

Databricks is among the highly valued technology companies that are primed to go public in 2026.

Databricks obtains $1.8 billion in additional debt ahead of IPO

TL;DR

  • Databricks raised $1.8 billion in new debt.
  • The company now has access to over $7 billion in debt.
  • Databricks is considered a highly valued technology company preparing for a potential IPO in 2026.
  • In December, Databricks raised over $4 billion at a $134 billion valuation.
  • The company reported $4.8 billion in annualized revenue, with over 55% year-over-year growth.
  • Databricks had positive free cash flow over the past year.
  • Subscription gross margin for fiscal year 2025 was over 80%.
  • Founded in 2013, Databricks ranked third on CNBC's 2025 Disruptor 50 list.

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