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Databricks sales growth tops 80%, but margin are shrinking from swarm of AI agents

Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company's Data and AI Summit in San Francisco on June 16, 2026.Grant Terzakis Media | DatabricksDatabricks has a unique role in the AI boom. Revenue continues to soar as businesses swarm to the company's data analytics tools. But as clients rely on more AI agents to clean up data and ask questions, Databricks is enduring higher costs, leading to lower margins. "It's the consumption-based business model, agentic AI coming," Databricks CE...

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