Databricks’ most recent confirmed valuation stands at $190 billion following its $5 billion strategic round closed in mid-August 2026, which coincided with the company reporting a $7 billion annualized revenue run rate and more than 80% year-over-year growth. Secondary-market marks have since implied values between roughly $202 billion and $218 billion, reflecting continued strong demand for its Lakehouse platform and AI-agent tools amid elevated enterprise spending. With the October 31 resolution date only weeks away, the next material valuation update would likely require either a new primary financing round or a significant secondary transaction before month-end—both of which remain unannounced and face compressed timelines. Trader sentiment therefore hinges on the pace of any late-stage capital raises or IPO preparations relative to the company’s accelerating revenue trajectory and competitive positioning against public peers such as Snowflake.