Dynatrace Inc Financials
This page shows Dynatrace Inc (DT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Dynatrace runs a high-gross-margin, asset-light software model that converts scale into cash faster than capital needs rise.
FY2025's profit spike overstates the change in the underlying operating engine: net margin leapt to28.5% while operating margin reached only10.6% . Because free-cash-flow margin stayed near25.5% and tax expense flipped to a-$260M benefit, much of the earnings jump came from taxes rather than a comparable change in core operations.
Gross margin stability near
Capital intensity is low: capex was only
Financial Health Signals
Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Dynatrace Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Dynatrace Inc has an operating margin of 12.2%, meaning the company retains $12 of operating profit per $100 of revenue. This results in a moderate score of 47/100, indicating healthy but not exceptional operating efficiency. This is up from 10.6% the prior year.
Dynatrace Inc's revenue surged 18.8% year-over-year to $2.0B, reflecting rapid business expansion. This strong growth earns a score of 65/100.
Dynatrace Inc carries a low D/E ratio of 0.69, meaning only $0.69 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 88/100, indicating a strong balance sheet with room for future borrowing.
Dynatrace Inc's current ratio of 1.35 is below the typical benchmark, resulting in a score of 22/100. However, the company holds substantial cash reserves (70% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.
Dynatrace Inc converts 26.2% of revenue into free cash flow ($529.7M). This strong cash generation earns a score of 89/100.
Dynatrace Inc's ROE of 6.2% shows moderate profitability relative to equity, earning a score of 34/100. This is down from 18.4% the prior year.
Dynatrace Inc scores 4.73, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($11.4B) relative to total liabilities ($1.8B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Dynatrace Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Dynatrace Inc generates $3.45 in operating cash flow ($561.9M OCF vs $162.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Dynatrace Inc earns $306.7 in operating income for every $1 of interest expense ($245.4M vs $800K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Dynatrace Inc generated $2.0B in revenue in fiscal year 2026. This represents an increase of 18.8% from the prior year.
Dynatrace Inc's EBITDA was $269.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 18.4% from the prior year.
Dynatrace Inc reported $162.7M in net income in fiscal year 2026. This represents a decrease of 66.4% from the prior year.
Dynatrace Inc earned $0.54 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 66.0% from the prior year.
Cash & Balance Sheet
Dynatrace Inc generated $529.7M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 22.2% from the prior year.
Dynatrace Inc held $1.1B in cash against $0 in long-term debt as of fiscal year 2026.
Dynatrace Inc had 295M shares outstanding in fiscal year 2026. This represents a decrease of 1.7% from the prior year.
Margins & Returns
Dynatrace Inc's gross margin was 81.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 0.4 percentage points from the prior year.
Dynatrace Inc's operating margin was 12.2% in fiscal year 2026, reflecting core business profitability. This is up 1.6 percentage points from the prior year.
Dynatrace Inc's net profit margin was 8.1% in fiscal year 2026, showing the share of revenue converted to profit. This is down 20.4 percentage points from the prior year.
Dynatrace Inc's ROE was 6.2% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 12.2 percentage points from the prior year.
Capital Allocation
Dynatrace Inc invested $474.3M in research and development in fiscal year 2026. This represents an increase of 23.3% from the prior year.
Dynatrace Inc spent $478.7M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 177.3% from the prior year.
Dynatrace Inc invested $32.2M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 23.2% from the prior year.
DT Income Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $531.7M+3.2% | $515.5M+4.4% | $493.8M+3.5% | $477.3M+7.2% | $445.2M+2.1% | $436.2M+4.3% | $418.1M+4.7% | $399.2M |
| Cost of Revenue | $101.4M+5.8% | $95.8M+6.8% | $89.8M+5.3% | $85.2M+0.1% | $85.1M+3.1% | $82.6M+6.1% | $77.8M+4.1% | $74.8M |
| Gross Profit | $430.3M+2.5% | $419.6M+3.8% | $404.1M+3.0% | $392.1M+8.9% | $360.1M+1.8% | $353.6M+3.9% | $340.3M+4.9% | $324.5M |
| R&D Expenses | $130.6M+8.3% | $120.6M+4.8% | $115.0M+6.3% | $108.2M+4.7% | $103.3M+5.0% | $98.3M+3.1% | $95.4M+8.9% | $87.6M |
| SG&A Expenses | $60.4M+15.6% | $52.3M+7.9% | $48.4M-14.0% | $56.3M+8.1% | $52.1M+5.5% | $49.4M+0.8% | $49.0M+8.8% | $45.0M |
| Operating Income | $37.3M-48.7% | $72.7M-0.3% | $73.0M+17.1% | $62.3M+45.3% | $42.9M-9.6% | $47.5M+0.9% | $47.0M+11.9% | $42.0M |
| Interest Expense | $200K0.0% | $200K0.0% | $200K0.0% | $200K0.0% | $200K-33.3% | $300K-25.0% | $400K+300.0% | $100K |
| Income Tax | $29.4M-33.8% | $44.4M+48.7% | $29.9M-10.7% | $33.4M+103.9% | $16.4M+105.4% | -$304.6M-2302.7% | $13.8M-2.3% | $14.1M |
| Net Income | $17.4M-56.5% | $40.1M-30.0% | $57.2M+19.4% | $48.0M+22.0% | $39.3M-89.1% | $361.8M+722.0% | $44.0M+14.0% | $38.6M |
| EPS (Diluted) | N/A | $0.13-31.6% | $0.19+18.8% | $0.16 | N/A | $1.19+693.3% | $0.15+15.4% | $0.13 |
DT Balance Sheet
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.4B+7.7% | $4.1B+0.5% | $4.1B0.0% | $4.1B-1.4% | $4.1B+10.8% | $3.7B+12.2% | $3.3B+2.2% | $3.3B |
| Current Assets | $2.1B+13.7% | $1.9B+1.6% | $1.8B-0.7% | $1.9B-4.1% | $1.9B+22.6% | $1.6B+6.2% | $1.5B+4.2% | $1.4B |
| Cash & Equivalents | $1.1B+0.5% | $1.1B-10.9% | $1.2B-1.8% | $1.2B+22.6% | $1.0B+12.1% | $907.5M0.0% | $907.2M-2.5% | $930.3M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $710.2M+51.7% | $468.0M+48.6% | $315.0M+7.9% | $292.1M-53.2% | $624.4M+59.5% | $391.6M+29.1% | $303.3M+23.8% | $245.0M |
| Goodwill | $1.4B+0.4% | $1.3B+0.1% | $1.3B0.0% | $1.3B+0.6% | $1.3B+0.1% | $1.3B-0.1% | $1.3B+0.2% | $1.3B |
| Total Liabilities | $1.8B+33.5% | $1.4B+3.7% | $1.3B-5.8% | $1.4B-8.9% | $1.5B+28.5% | $1.2B-0.3% | $1.2B-0.4% | $1.2B |
| Current Liabilities | $1.6B+31.5% | $1.2B+3.0% | $1.2B-6.0% | $1.2B-10.8% | $1.4B+31.7% | $1.0B+0.1% | $1.0B-0.3% | $1.1B |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $2.6B-5.0% | $2.7B-1.1% | $2.8B+3.0% | $2.7B+2.9% | $2.6B+2.7% | $2.6B+19.1% | $2.1B+3.7% | $2.1B |
| Retained Earnings | $447.6M+4.0% | $430.2M+10.3% | $390.1M+17.2% | $332.9M+16.8% | $284.9M+16.0% | $245.6M+311.5% | -$116.1M+27.5% | -$160.1M |
DT Cash Flow Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $226.4M+570.1% | $33.8M+5.5% | $32.0M-88.1% | $269.7M+65.7% | $162.8M+285.4% | $42.2M+78.6% | $23.6M-89.8% | $230.7M |
| Capital Expenditures | $14.0M+113.2% | $6.5M+56.3% | $4.2M-44.0% | $7.5M-48.6% | $14.6M+212.0% | $4.7M+32.9% | $3.5M+4.6% | $3.4M |
| Free Cash Flow | $212.4M+679.9% | $27.2M-2.1% | $27.8M-89.4% | $262.2M+76.9% | $148.2M+294.5% | $37.6M+86.6% | $20.1M-91.1% | $227.4M |
| Investing Cash Flow | $7.7M+145.6% | -$16.9M-968.8% | $1.9M+123.0% | -$8.4M+52.6% | -$17.8M-266.6% | -$4.9M+55.9% | -$11.0M+69.0% | -$35.6M |
| Financing Cash Flow | -$224.7M-49.4% | -$150.4M-172.3% | -$55.2M-25.9% | -$43.9M-10.7% | -$39.6M-44.2% | -$27.5M+34.2% | -$41.8M+2.5% | -$42.8M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $223.7M+39.8% | $160.0M+220.0% | $50.0M+11.0% | $45.0M+5.9% | $42.5M+6.3% | $40.0M-3.7% | $41.6M-14.4% | $48.6M |
DT Financial Ratios
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 80.9%-0.5pp | 81.4%-0.4pp | 81.8%-0.3pp | 82.2%+1.3pp | 80.9%-0.2pp | 81.1%-0.3pp | 81.4%+0.1pp | 81.3% |
| Operating Margin | 7.0%-7.1pp | 14.1%-0.7pp | 14.8%+1.7pp | 13.1%+3.4pp | 9.6%-1.2pp | 10.9%-0.4pp | 11.3%+0.7pp | 10.5% |
| Net Margin | 3.3%-4.5pp | 7.8%-3.8pp | 11.6%+1.5pp | 10.1%+1.2pp | 8.8%-74.1pp | 82.9%+72.4pp | 10.5%+0.9pp | 9.7% |
| Return on Equity | 0.7%-0.8pp | 1.5%-0.6pp | 2.1%+0.3pp | 1.8%+0.3pp | 1.5%-12.7pp | 14.2%+12.1pp | 2.1%+0.2pp | 1.9% |
| Return on Assets | 0.4%-0.6pp | 1.0%-0.4pp | 1.4%+0.2pp | 1.2%+0.2pp | 0.9%-8.7pp | 9.7%+8.4pp | 1.3%+0.1pp | 1.2% |
| Current Ratio | 1.35-0.2 | 1.56-0.0 | 1.59+0.1 | 1.50+0.1 | 1.40-0.1 | 1.50+0.1 | 1.42+0.1 | 1.35 |
| Debt-to-Equity | 0.69+0.2 | 0.49+0.0 | 0.47-0.0 | 0.51-0.1 | 0.58+0.1 | 0.46-0.1 | 0.55-0.0 | 0.58 |
| FCF Margin | 40.0%+34.7pp | 5.3%-0.4pp | 5.6%-49.3pp | 54.9%+21.6pp | 33.3%+24.7pp | 8.6%+3.8pp | 4.8%-52.1pp | 57.0% |
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Frequently Asked Questions
What is Dynatrace Inc's annual revenue?
Dynatrace Inc (DT) reported $2.0B in total revenue for fiscal year 2026. This represents a 18.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Dynatrace Inc's revenue growing?
Dynatrace Inc (DT) revenue grew by 18.8% year-over-year, from $1.7B to $2.0B in fiscal year 2026.
Is Dynatrace Inc profitable?
Yes, Dynatrace Inc (DT) reported a net income of $162.7M in fiscal year 2026, with a net profit margin of 8.1%.
What is Dynatrace Inc's EBITDA?
Dynatrace Inc (DT) had EBITDA of $269.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Dynatrace Inc's gross margin?
Dynatrace Inc (DT) had a gross margin of 81.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Dynatrace Inc's operating margin?
Dynatrace Inc (DT) had an operating margin of 12.2% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Dynatrace Inc's net profit margin?
Dynatrace Inc (DT) had a net profit margin of 8.1% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Dynatrace Inc's return on equity (ROE)?
Dynatrace Inc (DT) has a return on equity of 6.2% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Dynatrace Inc's free cash flow?
Dynatrace Inc (DT) generated $529.7M in free cash flow during fiscal year 2026. This represents a 22.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Dynatrace Inc's operating cash flow?
Dynatrace Inc (DT) generated $561.9M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Dynatrace Inc's total assets?
Dynatrace Inc (DT) had $4.4B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Dynatrace Inc's capital expenditures?
Dynatrace Inc (DT) invested $32.2M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Dynatrace Inc spend on research and development?
Dynatrace Inc (DT) invested $474.3M in research and development during fiscal year 2026.
What is Dynatrace Inc's current ratio?
Dynatrace Inc (DT) had a current ratio of 1.35 as of fiscal year 2026, which is considered adequate.
What is Dynatrace Inc's debt-to-equity ratio?
Dynatrace Inc (DT) had a debt-to-equity ratio of 0.69 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Dynatrace Inc's return on assets (ROA)?
Dynatrace Inc (DT) had a return on assets of 3.7% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Dynatrace Inc's Altman Z-Score?
Dynatrace Inc (DT) has an Altman Z-Score of 4.73, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Dynatrace Inc's Piotroski F-Score?
Dynatrace Inc (DT) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Dynatrace Inc's earnings high quality?
Dynatrace Inc (DT) has an earnings quality ratio of 3.45x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Dynatrace Inc cover its interest payments?
Dynatrace Inc (DT) has an interest coverage ratio of 306.7x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Dynatrace Inc?
Dynatrace Inc (DT) scores 57 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.