Dynatrace (DT) Financials

$38.92 -1.69 (-4.15%)

Closing price 05/27/2026 03:59 PM Eastern

Extended Trading

$39.76 +0.85 (+2.18%)

As of 04:17 AM Eastern

Annual Income Statements for Dynatrace

This table shows Dynatrace's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	9.22	-116	-414	76	52	108	155	484	163
Consolidated Net Income / (Loss)	9.22	-116	-414	76	52	108	155	484	163
Net Income / (Loss) Continuing Operations	9.22	-116	-414	76	52	108	155	484	163
Total Pre-Tax Income	-52	-140	-219	78	72	90	155	223	300
Total Operating Income	-22	-73	-172	92	81	93	128	179	245
Total Gross Profit	302	324	417	576	757	936	1,164	1,378	1,646
Total Revenue	398	431	546	704	929	1,159	1,431	1,699	2,018
Operating Revenue	398	431	546	704	929	1,159	1,431	1,699	2,018
Total Cost of Revenue	97	107	129	128	173	223	266	320	372
Operating Cost of Revenue	97	107	129	128	173	223	266	320	372
Total Operating Expenses	323	397	589	484	675	843	1,036	1,199	1,401
Selling, General & Admin Expense	64	92	162	92	127	150	174	195	217
Marketing Expense	145	179	266	245	362	448	534	606	690
Research & Development Expense	58	77	119	111	156	218	305	385	474
Amortization Expense	50	48	40	35	30	26	22	14	0.06
Impairment Charge	-	-	-	-	-	-	0.00	0.00	19
Total Other Income / (Expense), net	-30	-67	-47	-14	-9.65	-2.84	27	44	54
Interest & Investment Income	-	-	-	-	-	-3.41	37	48	48
Other Income / (Expense), net	5.20	2.64	-1.20	0.16	0.54	0.57	-11	-4.29	6.64
Income Tax Expense	-61	-24	195	2.14	19	-18	0.28	-260	137
Basic Earnings per Share	$0.04	($0.49)	($1.56)	$0.27	$0.18	$0.38	$0.53	$1.62	$0.54
Weighted Average Basic Shares Outstanding	231.96M	235.94M	264.93M	280.47M	284.16M	287.70M	294.05M	298.38M	300.10M
Diluted Earnings per Share	$0.04	($0.49)	($1.56)	$0.26	$0.18	$0.37	$0.52	$1.59	$0.54
Weighted Average Diluted Shares Outstanding	231.96M	235.94M	264.93M	286.51M	290.90M	291.62M	299.28M	303.60M	303.73M
Weighted Average Basic & Diluted Shares Outstanding	231.96M	235.94M	264.93M	280.47M	286.84M	290.98M	297.34M	299.67M	291.48M

This table shows Dynatrace's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	6/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	38	43	38	39	44	362	-	48	57	40	17
Consolidated Net Income / (Loss)	38	43	38	39	44	362	-	48	57	40	17
Net Income / (Loss) Continuing Operations	38	43	38	39	44	362	-	48	57	40	17
Total Pre-Tax Income	42	42	30	53	58	57	-	81	87	84	47
Total Operating Income	34	36	23	42	47	47	-	62	73	73	37
Total Gross Profit	271	297	309	324	340	354	-	392	404	420	430
Total Revenue	333	365	381	399	418	436	-	477	494	515	532
Operating Revenue	333	365	381	399	418	436	-	477	494	515	532
Total Cost of Revenue	62	68	72	75	78	83	-	85	90	96	101
Operating Cost of Revenue	62	68	72	75	78	83	-	85	90	96	101
Total Operating Expenses	236	262	286	282	293	306	-	330	331	347	393
Selling, General & Admin Expense	39	43	47	45	49	49	-	56	48	52	60
Marketing Expense	125	133	149	145	144	154	-	165	168	174	183
Research & Development Expense	66	80	84	88	95	98	-	108	115	121	131
Amortization Expense	5.76	5.45	5.46	4.78	4.78	3.98	-	0.01	0.01	0.01	0.02
Total Other Income / (Expense), net	7.40	6.70	6.98	11	11	9.65	-	19	14	12	9.47
Interest & Investment Income	-	11	-	13	13	12	-	12	13	12	10
Other Income / (Expense), net	0.25	-3.90	-4.05	-2.04	-2.04	-2.07	-	6.76	0.89	-0.37	-0.64
Income Tax Expense	3.50	-0.27	-7.84	14	14	-305	-	33	30	44	29
Basic Earnings per Share	$0.13	$0.14	$0.14	$0.13	$0.15	$1.21	-	$0.16	$0.19	$0.13	$0.06
Weighted Average Basic Shares Outstanding	291.33M	294.87M	294.05M	297.36M	298.09M	298.65M	298.38M	300.15M	301.56M	301.13M	300.10M
Diluted Earnings per Share	$0.13	$0.14	$0.13	$0.13	$0.15	$1.19	-	$0.16	$0.19	$0.13	$0.06
Weighted Average Diluted Shares Outstanding	296.39M	299.25M	299.28M	300.97M	301.37M	303.47M	303.60M	304.16M	304.30M	303.25M	303.73M
Weighted Average Basic & Diluted Shares Outstanding	293.29M	296.00M	297.34M	297.91M	-	299.35M	299.67M	301.51M	301.49M	298.25M	291.48M

This table details how cash moves in and out of Dynatrace's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025	3/31/2026
Net Change in Cash & Equivalents	17	-26	162	112	138	92	224	238	80
Net Cash From Operating Activities	119	147	-142	220	251	355	378	459	562
Net Cash From Continuing Operating Activities	119	147	-142	220	251	355	378	459	562
Net Income / (Loss) Continuing Operations	9.22	-116	-414	76	52	108	155	484	163
Consolidated Net Income / (Loss)	9.22	-116	-414	76	52	108	155	484	163
Depreciation Expense	8.78	7.32	7.86	9.02	11	13	15	19	18
Amortization Expense	73	73	58	52	46	42	39	29	5.61
Non-Cash Adjustments To Reconcile Net Income	8.63	70	229	60	102	155	221	274	314
Changes in Operating Assets and Liabilities, net	19	113	-24	23	39	37	-53	-346	61
Net Cash From Investing Activities	-27	-9.25	-21	-14	-31	-22	-193	-69	-16
Net Cash From Continuing Investing Activities	-27	-9.25	-21	-14	-31	-22	-193	-69	-16
Purchase of Property, Plant & Equipment	-15	-9.25	-21	-14	-18	-22	-32	-29	-32
Acquisitions	-11	-	0.00	0.00	-13	0.00	-57	-0.10	-6.00
Purchase of Investments	-	-	-	-	0.00	0.00	-104	-146	-120
Sale and/or Maturity of Investments	-	-	-	-	-	0.00	0.00	105	144
Other Investing Activities, net	-	-	-	-	-	-	0.00	0.00	-0.75
Net Cash From Financing Activities	-76	-161	329	-98	-81	-232	51	-152	-474
Net Cash From Continuing Financing Activities	-76	-161	329	-98	-81	-232	51	-152	-474
Repayment of Debt	-75	-1,277	-516	-120	-120	-283	0.00	-2.21	-4.42
Repurchase of Common Equity	-0.89	-0.65	-5.16	-0.05	-0.07	-0.02	0.00	-173	-479
Issuance of Common Equity	0.00	0.00	590	9.20	14	18	19	21	24
Other Financing Activities, net	0.00	-3.65	260	13	25	33	31	2.04	-15
Effect of Exchange Rate Changes	-	-2.68	-4.47	3.04	-1.36	-8.62	-12	-0.42	8.12
Cash Interest Paid	0.04	41	40	12	8.38	7.11	0.85	0.75	0.75
Cash Income Taxes Paid	13	5.93	267	-7.34	24	-14	81	118	118

This table details how cash moves in and out of Dynatrace's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	0.82	-	-3.67	151	-23	-	110	230	-22	-133	5.69
Net Cash From Operating Activities	37	-	132	231	24	-	163	270	32	34	226
Net Cash From Continuing Operating Activities	37	-	132	231	24	-	163	270	32	34	226
Net Income / (Loss) Continuing Operations	36	-	38	39	44	-	39	48	57	40	17
Consolidated Net Income / (Loss)	36	-	38	39	44	-	39	48	57	40	17
Depreciation Expense	3.97	-	3.72	4.31	4.33	-	5.39	5.10	4.31	4.34	4.70
Amortization Expense	9.53	-	10	9.67	9.68	-	1.27	1.37	1.39	1.40	1.46
Non-Cash Adjustments To Reconcile Net Income	62	-	60	61	73	-	67	65	53	102	93
Changes in Operating Assets and Liabilities, net	-75	-	20	117	-107	-	49	150	-84	-114	109
Net Cash From Investing Activities	-35	-	-139	-36	-11	-	-18	-8.45	1.94	-17	7.69
Net Cash From Continuing Investing Activities	-35	-	-139	-36	-11	-	-18	-8.45	1.94	-17	7.69
Purchase of Property, Plant & Equipment	-2.75	-	-10	-3.36	-3.51	-	-17	-7.68	-4.19	-6.55	-14
Acquisitions	-32	-	-25	-0.10	-	-	-	0.00	-	-	-6.00
Purchase of Investments	-	-	-	-41	-39	-	-38	-29	-35	-45	-11
Sale and/or Maturity of Investments	-	-	-	8.75	32	-	37	28	41	35	40
Net Cash From Financing Activities	3.43	-	6.99	-43	-42	-	-40	-44	-55	-150	-225
Net Cash From Continuing Financing Activities	3.43	-	6.99	-43	-42	-	-40	-44	-55	-150	-225
Repayment of Debt	-	-	-	-	-	-	-	-	-	-0.55	-0.55
Repurchase of Common Equity	-	-	-	-49	-42	-	-43	-45	-50	-160	-224
Other Financing Activities, net	3.43	-	6.99	-4.64	1.45	-	2.92	-11	-1.91	-2.33	-0.43
Effect of Exchange Rate Changes	-4.34	-	-2.89	-1.00	5.99	-	4.20	13	-	-	-3.71
Cash Interest Paid	0.21	-	0.20	0.18	0.18	-	0.18	0.18	0.18	0.21	0.18
Cash Income Taxes Paid	29	-	20	25	31	-	34	31	29	24	34

This table presents Dynatrace's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025	3/31/2026
Total Assets	1,811	2,047	2,256	2,541	2,765	3,410	4,140	4,416
Total Current Assets	213	488	680	948	1,118	1,605	1,931	2,123
Cash & Equivalents	51	213	325	463	555	779	1,017	1,097
Short-Term Investments	-	-	-	-	0.00	58	96	75
Accounts Receivable	115	157	242	351	443	603	624	710
Prepaid Expenses	19	79	64	72	37	67	84	114
Other Current Assets	28	39	49	63	83	99	110	127
Plant, Property, & Equipment, net	18	32	37	45	54	53	62	73
Total Noncurrent Assets	1,580	1,528	1,539	1,548	1,594	1,751	2,147	2,219
Long-Term Investments	-	-	-	-	0.00	46	52	52
Goodwill	1,270	1,271	1,271	1,282	1,282	1,335	1,336	1,350
Intangible Assets	259	202	149	106	64	51	26	23
Noncurrent Deferred & Refundable Income Taxes	11	7.41	17	28	80	139	530	509
Other Noncurrent Operating Assets	40	48	102	132	168	179	204	286
Total Liabilities & Shareholders' Equity	1,811	2,047	2,256	2,541	2,765	3,410	4,140	4,416
Total Liabilities	2,202	1,081	1,143	1,237	1,160	1,394	1,519	1,804
Total Current Liabilities	951	490	648	866	1,037	1,259	1,381	1,569
Accounts Payable	604	11	9.62	23	22	21	27	2.73
Accrued Expenses	65	95	120	142	188	234	253	302
Current Deferred Revenue	273	384	509	689	811	988	1,088	1,241
Other Current Liabilities	-	0.00	9.49	13	16	16	14	23
Total Noncurrent Liabilities	1,251	591	495	371	123	136	137	235
Noncurrent Deferred Revenue	93	61	48	26	34	62	51	53
Noncurrent Deferred & Payable Income Tax Liabilities	48	0.00	1.01	0.09	0.28	1.01	0.42	1.94
Other Noncurrent Operating Liabilities	98	20	54	71	89	72	86	180
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-390	966	1,114	1,304	1,605	2,015	2,621	2,611
Total Preferred & Common Equity	-390	966	1,114	1,304	1,605	2,015	2,621	2,611
Total Common Equity	-390	966	1,114	1,304	1,605	2,015	2,621	2,611
Common Stock	-185	1,574	1,654	1,792	1,990	2,250	2,371	2,200
Retained Earnings	-176	-590	-514	-461	-353	-199	285	448
Accumulated Other Comprehensive Income / (Loss)	-30	-18	-26	-27	-32	-35	-35	-36

This table presents Dynatrace's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	6/30/2022	9/30/2022	12/31/2022	6/30/2023	9/30/2023	12/31/2023	6/30/2024	12/31/2024	6/30/2025	9/30/2025	12/31/2025
Total Assets	2,431	2,422	2,414	2,727	2,782	2,999	3,258	3,735	4,081	4,082	4,101
Total Current Assets	860	851	831	1,074	1,102	1,287	1,424	1,575	1,852	1,838	1,867
Cash & Equivalents	571	563	422	701	702	783	930	907	1,247	1,225	1,092
Short-Term Investments	-	-	-	-	-	-	82	100	99	90	97
Accounts Receivable	192	186	304	238	263	362	245	392	292	315	468
Prepaid Expenses	35	39	33	52	53	52	67	73	101	87	87
Other Current Assets	61	63	71	83	84	90	99	103	112	122	124
Plant, Property, & Equipment, net	46	46	51	54	47	49	51	49	66	66	68
Total Noncurrent Assets	1,525	1,525	1,532	1,599	1,634	1,663	1,782	2,110	2,163	2,177	2,166
Long-Term Investments	-	-	-	-	-	-	55	46	51	55	58
Goodwill	1,281	1,280	1,282	1,282	1,310	1,313	1,335	1,335	1,344	1,344	1,345
Intangible Assets	95	84	74	54	52	54	41	23	25	24	23
Noncurrent Deferred & Refundable Income Taxes	26	25	24	99	114	129	160	515	528	523	514
Other Noncurrent Operating Assets	123	136	153	163	158	167	191	191	215	231	225
Total Liabilities & Shareholders' Equity	2,431	2,422	2,414	2,727	2,782	2,999	3,258	3,735	4,081	4,082	4,101
Total Liabilities	1,085	1,020	947	1,022	981	1,085	1,190	1,182	1,383	1,303	1,352
Total Current Liabilities	749	709	831	900	856	959	1,051	1,049	1,233	1,159	1,193
Accounts Payable	4.80	4.59	15	6.07	16	13	3.90	8.55	7.99	22	11
Accrued Expenses	114	130	154	156	147	172	170	213	207	230	240
Current Deferred Revenue	618	561	647	722	678	757	862	813	1,002	890	925
Other Current Liabilities	12	13	15	16	16	16	15	14	15	17	18
Total Noncurrent Liabilities	336	311	116	122	124	127	139	133	150	145	158
Noncurrent Deferred Revenue	16	17	26	29	34	39	52	55	47	43	53
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	0.00	0.02	0.30	0.31	0.32	0.99	0.56	0.44	0.87	1.20
Other Noncurrent Operating Liabilities	75	79	90	93	90	88	86	78	103	101	104
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,346	1,402	1,467	1,705	1,802	1,914	2,068	2,553	2,698	2,779	2,749
Total Preferred & Common Equity	1,346	1,402	1,467	1,705	1,802	1,914	2,068	2,553	2,698	2,779	2,749
Total Common Equity	1,346	1,402	1,467	1,705	1,802	1,914	2,068	2,553	2,698	2,779	2,749
Common Stock	1,831	1,875	1,930	2,053	2,115	2,187	2,263	2,341	2,400	2,424	2,353
Retained Earnings	-459	-449	-434	-315	-279	-237	-160	246	333	390	430
Accumulated Other Comprehensive Income / (Loss)	-26	-24	-30	-33	-34	-36	-36	-33	-35	-36	-34

This table displays calculated financial ratios and metrics derived from Dynatrace's official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	298,251,114.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	298,251,114.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	0.55
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	8.27%	26.65%	28.89%	32.12%	24.65%	23.48%	18.75%	18.82%
EBITDA Growth	0.00%	-84.71%	-1,163.36%	243.26%	-9.34%	6.68%	16.61%	29.37%	23.67%
EBIT Growth	0.00%	-323.23%	-147.10%	153.17%	-11.09%	14.08%	25.98%	48.90%	43.90%
NOPAT Growth	0.00%	-234.15%	-136.48%	174.25%	-33.41%	87.14%	15.08%	203.08%	-65.72%
Net Income Growth	0.00%	-1,359.97%	-256.14%	118.30%	-30.72%	105.83%	43.23%	212.80%	-66.37%
EPS Growth	0.00%	-1,325.00%	-218.37%	116.67%	-30.77%	105.56%	40.54%	205.77%	-66.04%
Operating Cash Flow Growth	0.00%	23.82%	-196.82%	254.74%	13.83%	41.44%	6.54%	21.50%	22.30%
Free Cash Flow Firm Growth	0.00%	0.00%	-27.36%	121.33%	-27.24%	42.18%	-74.37%	41.86%	213.58%
Invested Capital Growth	0.00%	0.00%	117.78%	-6.49%	-5.52%	-5.91%	7.88%	28.62%	-4.73%
Revenue Q/Q Growth	0.00%	0.00%	6.73%	6.98%	6.42%	5.64%	4.87%	0.00%	4.48%
EBITDA Q/Q Growth	0.00%	0.00%	19.71%	7.61%	0.23%	1.34%	-1.54%	301.92%	-3.01%
EBIT Q/Q Growth	0.00%	0.00%	14.69%	14.62%	1.55%	2.55%	-2.30%	0.00%	-3.10%
NOPAT Q/Q Growth	0.00%	0.00%	15.56%	-28.03%	-37.55%	248.11%	-21.36%	0.00%	-11.26%
Net Income Q/Q Growth	0.00%	0.00%	16.46%	-24.03%	-33.16%	277.55%	-21.50%	0.00%	-11.86%
EPS Q/Q Growth	0.00%	0.00%	18.32%	-33.33%	-33.33%	270.00%	-21.21%	0.00%	-10.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	1.68%	10.66%	0.98%	9.95%	3.07%	7.27%	12.76%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	4.86%	-8.50%	12.09%	-40.49%	117.51%	37.54%
Invested Capital Q/Q Growth	0.00%	0.00%	0.93%	-2.57%	-4.72%	0.47%	0.09%	-2.87%	-7.66%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	75.75%	75.22%	76.38%	81.85%	81.40%	80.76%	81.37%	81.15%	81.56%
EBITDA Margin	16.50%	2.33%	-19.57%	21.75%	14.93%	12.77%	12.06%	13.14%	13.68%
Operating Margin	-5.47%	-16.87%	-31.50%	13.06%	8.75%	8.01%	8.98%	10.56%	12.16%
EBIT Margin	-4.16%	-16.26%	-31.72%	13.09%	8.81%	8.06%	8.22%	10.31%	12.49%
Profit (Net Income) Margin	2.32%	-26.96%	-75.82%	10.76%	5.64%	9.32%	10.81%	28.47%	8.06%
Tax Burden Percent	-17.81%	83.05%	189.36%	97.25%	73.20%	120.00%	99.82%	216.48%	54.27%
Interest Burden Percent	312.75%	199.68%	126.22%	84.57%	87.55%	96.35%	131.70%	127.57%	118.94%
Effective Tax Rate	0.00%	0.00%	0.00%	2.75%	26.80%	-20.00%	0.18%	-116.48%	45.73%
Return on Invested Capital (ROIC)	0.00%	-17.56%	-13.07%	7.32%	5.18%	10.29%	11.75%	30.01%	9.37%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-31.02%	-59.40%	-0.19%	16.75%	11.21%	8.07%	20.71%	6.90%
Return on Net Nonoperating Assets (RNNOA)	0.00%	77.11%	-130.76%	-0.03%	-0.85%	-2.87%	-3.21%	-9.15%	-3.15%
Return on Equity (ROE)	0.00%	59.55%	-143.82%	7.28%	4.34%	7.42%	8.54%	20.86%	6.22%
Cash Return on Invested Capital (CROIC)	0.00%	-217.56%	-87.19%	14.03%	10.86%	16.37%	4.16%	4.98%	14.21%
Operating Return on Assets (OROA)	0.00%	-3.87%	-8.97%	4.28%	3.41%	3.52%	3.81%	4.64%	5.89%
Return on Assets (ROA)	0.00%	-6.41%	-21.45%	3.52%	2.19%	4.07%	5.01%	12.81%	3.80%
Return on Common Equity (ROCE)	0.00%	59.55%	-143.82%	7.28%	4.34%	7.42%	8.54%	20.86%	6.22%
Return on Equity Simple (ROE_SIMPLE)	0.00%	29.77%	-42.85%	6.80%	4.02%	6.73%	7.67%	18.45%	0.00%
Net Operating Profit after Tax (NOPAT)	-15	-51	-120	89	60	111	128	388	133
NOPAT Margin	-3.83%	-11.81%	-22.05%	12.70%	6.40%	9.61%	8.96%	22.87%	6.60%
Net Nonoperating Expense Percent (NNEP)	0.00%	13.46%	46.33%	7.51%	-11.57%	-0.92%	3.68%	9.30%	2.47%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	14.82%	5.10%
Cost of Revenue to Revenue	24.25%	24.78%	23.62%	18.15%	18.60%	19.24%	18.63%	18.85%	18.44%
SG&A Expenses to Revenue	16.11%	21.30%	29.68%	13.11%	13.63%	12.96%	12.19%	11.50%	10.77%
R&D to Revenue	14.65%	17.81%	21.85%	15.84%	16.82%	18.85%	21.30%	22.64%	23.50%
Operating Expenses to Revenue	81.21%	92.09%	107.88%	68.78%	72.65%	72.75%	72.40%	70.59%	69.40%
Earnings before Interest and Taxes (EBIT)	-17	-70	-173	92	82	93	118	175	252
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	66	10	-107	153	139	148	173	223	276
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	6.93	12.24	10.32	7.62	6.82	5.38	4.22
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	47.12	21.85	11.21	8.91
Price to Revenue (P/Rev)	1.43	1.32	12.27	19.38	14.48	10.55	9.61	8.31	5.46
Price to Earnings (P/E)	61.78	0.00	0.00	180.05	256.59	113.26	88.90	29.18	67.80
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	1.62%	0.00%	0.00%	0.56%	0.39%	0.88%	1.12%	3.43%	1.47%
Enterprise Value to Invested Capital (EV/IC)	0.00	2.66	5.54	11.60	11.90	11.12	11.36	8.89	7.07
Enterprise Value to Revenue (EV/Rev)	0.00	3.57	12.81	19.47	14.28	10.07	8.99	7.62	4.86
Enterprise Value to EBITDA (EV/EBITDA)	0.00	153.28	0.00	89.52	95.65	78.87	74.54	58.00	35.52
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	148.81	162.12	125.00	109.35	73.93	38.91
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	153.29	222.97	104.80	100.36	33.34	73.63
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	10.46	0.00	62.15	52.88	32.89	34.02	28.19	17.45
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	79.95	106.44	65.85	283.20	200.97	48.53
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	-2.62	0.53	0.35	0.21	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	-2.59	0.53	0.35	0.21	0.00	0.00	0.00	0.00
Financial Leverage	0.00	-2.49	2.20	0.17	-0.05	-0.26	-0.40	-0.44	-0.46
Leverage Ratio	0.00	-4.64	6.70	2.07	1.98	1.82	1.71	1.63	1.64
Compound Leverage Factor	0.00	-9.27	8.46	1.75	1.74	1.76	2.25	2.08	1.94
Debt to Total Capital	0.00%	161.84%	34.56%	26.03%	17.35%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	1.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	160.34%	34.56%	26.03%	17.35%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	-61.84%	65.44%	73.97%	82.65%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	101.67	-4.77	2.56	1.97	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	96.56	-2.78	0.44	-1.36	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	100.73	-4.77	2.56	1.97	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	-20.07	-4.24	4.39	4.60	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	-19.06	-2.47	0.75	-3.18	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	-19.88	-4.24	4.39	4.60	0.00	0.00	0.00	0.00
Altman Z-Score	0.00	-0.36	3.30	7.30	6.79	6.71	6.49	6.38	4.61
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	0.22	1.00	1.05	1.10	1.08	1.28	1.40	1.35
Quick Ratio	0.00	0.18	0.76	0.88	0.94	0.96	1.14	1.26	1.20
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-631	-803	171	125	177	45	64	202
Operating Cash Flow to CapEx	780.34%	1,590.71%	-691.09%	1,588.27%	1,418.01%	1,647.56%	1,191.76%	1,595.09%	1,735.87%
Free Cash Flow to Firm to Interest Expense	0.00	-9.03	-17.69	12.06	12.23	51.99	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	3.37	2.11	-3.14	15.52	24.62	104.10	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	2.94	1.97	-3.59	14.54	22.88	97.78	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.24	0.28	0.33	0.39	0.44	0.46	0.45	0.47
Accounts Receivable Turnover	0.00	3.73	4.01	3.53	3.14	2.92	2.74	2.77	3.02
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	24.04	22.08	20.56	22.62	23.44	26.76	29.58	30.01
Accounts Payable Turnover	0.00	0.18	0.42	12.32	10.69	9.98	12.29	13.15	24.80
Days Sales Outstanding (DSO)	0.00	97.76	91.11	103.54	116.39	124.95	133.35	131.84	120.68
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	2,063.22	870.27	29.63	34.14	36.57	29.70	27.76	14.72
Cash Conversion Cycle (CCC)	0.00	-1,965.46	-779.16	73.91	82.25	88.37	103.65	104.09	105.96
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	580	1,263	1,181	1,115	1,050	1,132	1,456	1,387
Invested Capital Turnover	0.00	1.49	0.59	0.58	0.81	1.07	1.31	1.31	1.42
Increase / (Decrease) in Invested Capital	0.00	580	683	-82	-65	-66	83	324	-69
Enterprise Value (EV)	0.00	1,540	6,991	13,699	13,270	11,672	12,863	12,949	9,805
Market Capitalization	570	570	6,694	13,632	13,459	12,227	13,746	14,114	11,029
Book Value per Share	$0.00	($1.65)	$3.44	$3.94	$4.57	$5.55	$6.81	$8.76	$8.76
Tangible Book Value per Share	$0.00	($8.14)	($1.80)	($1.09)	($0.29)	$0.90	$2.13	$4.21	$4.15
Total Capital	0.00	631	1,476	1,506	1,578	1,605	2,015	2,621	2,611
Total Debt	0.00	1,021	510	392	274	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	1,012	510	392	274	0.00	0.00	0.00	0.00
Net Debt	0.00	970	297	67	-189	-555	-883	-1,165	-1,224
Capital Expenditures (CapEx)	15	9.25	21	14	18	22	32	29	32
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-779	-216	-293	-380	-474	-490	-563	-618
Debt-free Net Working Capital (DFNWC)	0.00	-728	-2.41	32	83	81	347	550	554
Net Working Capital (NWC)	0.00	-738	-2.41	32	83	81	347	550	554
Net Nonoperating Expense (NNE)	-24	65	293	14	7.06	3.41	-26	-95	-30
Net Nonoperating Obligations (NNO)	0.00	970	297	67	-189	-555	-883	-1,165	-1,224
Total Depreciation and Amortization (D&A)	82	80	66	61	57	55	55	48	24
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-180.87%	-39.50%	-41.59%	-40.90%	-40.93%	-34.26%	-33.15%	-30.60%
Debt-free Net Working Capital to Revenue	0.00%	-168.97%	-0.44%	4.60%	8.91%	7.00%	24.24%	32.39%	27.47%
Net Working Capital to Revenue	0.00%	-171.17%	-0.44%	4.60%	8.91%	7.00%	24.24%	32.39%	27.47%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.04	($0.49)	($1.58)	$0.00	$0.18	$0.38	$0.53	$1.62	$0.54
Adjusted Weighted Average Basic Shares Outstanding	231.96M	235.94M	280.87M	283.65M	284.16M	287.70M	294.05M	298.38M	300.10M
Adjusted Diluted Earnings per Share	$0.04	($0.49)	($1.58)	$0.26	$0.18	$0.37	$0.52	$1.59	$0.54
Adjusted Weighted Average Diluted Shares Outstanding	231.96M	235.94M	280.87M	286.51M	290.90M	291.62M	299.28M	303.60M	303.73M
Adjusted Basic & Diluted Earnings per Share	$0.04	($0.49)	($1.58)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	231.96M	235.94M	264.93M	280.47M	286.84M	290.98M	297.34M	299.67M	291.48M
Normalized Net Operating Profit after Tax (NOPAT)	-12	-50	-120	89	60	65	128	126	143
Normalized NOPAT Margin	-2.95%	-11.52%	-21.91%	12.71%	6.40%	5.61%	8.96%	7.39%	7.10%
Pre Tax Income Margin	-13.01%	-32.46%	-40.04%	11.07%	7.71%	7.77%	10.83%	13.15%	14.85%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.47	-1.00	-3.81	6.48	8.03	27.39	0.00	0.00	0.00
NOPAT to Interest Expense	-0.43	-0.73	-2.65	6.29	5.84	32.67	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	-0.90	-1.14	-4.27	5.50	6.29	21.07	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	-0.86	-0.86	-3.11	5.31	4.10	26.35	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	9.60%	-0.56%	-1.25%	0.06%	0.13%	0.01%	0.00%	35.69%	294.28%

This table displays calculated financial ratios and metrics derived from Dynatrace's official financial filings.

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	298,251,114.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	298,251,114.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.06
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	25.91%	22.74%	21.11%	19.93%	0.00%	19.47%	0.00%	19.57%	18.11%	18.18%	19.44%
EBITDA Growth	40.04%	-24.35%	-7.54%	12.12%	29.12%	32.46%	-52.81%	39.99%	34.85%	32.70%	-16.64%
EBIT Growth	67.81%	-10.38%	-12.66%	15.79%	39.74%	42.66%	0.00%	72.76%	64.18%	59.43%	-18.02%
NOPAT Growth	169.82%	116.84%	-51.60%	-2.07%	15.32%	736.31%	0.00%	19.41%	34.02%	-88.52%	-54.12%
Net Income Growth	240.20%	184.11%	-52.74%	1.13%	0.00%	747.37%	0.00%	24.17%	30.07%	-88.93%	-55.69%
EPS Growth	200.00%	180.00%	-51.85%	0.00%	0.00%	750.00%	0.00%	23.08%	26.67%	-89.08%	-50.00%
Operating Cash Flow Growth	25.44%	0.00%	9.34%	72.32%	-35.87%	0.00%	23.63%	16.88%	35.38%	-20.02%	39.05%
Free Cash Flow Firm Growth	-111.21%	-135.53%	-142.51%	-24.62%	7,240.67%	-33.07%	-291.57%	-863.59%	-219.85%	146.45%	128.18%
Invested Capital Growth	4.46%	8.30%	7.88%	-0.38%	-100.00%	32.54%	28.62%	30.07%	0.00%	0.21%	-4.73%
Revenue Q/Q Growth	5.65%	0.00%	4.31%	4.82%	4.74%	0.00%	0.00%	0.00%	3.46%	4.38%	3.15%
EBITDA Q/Q Growth	-5.08%	-18.44%	-27.21%	62.71%	9.32%	0.00%	-86.53%	1,036.18%	5.31%	-1.84%	-45.11%
EBIT Q/Q Growth	-6.79%	-1.16%	-40.04%	109.63%	12.49%	0.00%	-100.00%	0.00%	6.90%	-2.02%	-49.28%
NOPAT Q/Q Growth	-1.22%	15.85%	-18.91%	5.53%	16.33%	0.00%	-100.00%	0.00%	30.56%	-28.06%	-59.73%
Net Income Q/Q Growth	-6.23%	0.00%	-11.12%	1.78%	13.95%	0.00%	0.00%	0.00%	19.37%	-30.03%	-56.52%
EPS Q/Q Growth	-7.69%	0.00%	-7.14%	0.00%	15.38%	0.00%	0.00%	0.00%	18.75%	-31.58%	-53.85%
Operating Cash Flow Q/Q Growth	-72.46%	0.00%	74.04%	75.24%	-89.75%	0.00%	0.00%	65.67%	-88.13%	5.51%	570.10%
Free Cash Flow Firm Q/Q Growth	-134.66%	-218.78%	-5.70%	164.54%	3,183.96%	0.00%	-380.15%	18.48%	-415.46%	102.30%	164.12%
Invested Capital Q/Q Growth	9.55%	2.83%	0.09%	-11.65%	-100.00%	0.00%	-2.87%	-10.65%	8.31%	6.60%	-7.66%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	81.70%	81.41%	81.13%	81.28%	81.40%	81.07%	0.00%	82.15%	81.82%	81.41%	80.93%
EBITDA Margin	12.99%	10.21%	8.71%	13.52%	14.11%	11.32%	0.00%	15.83%	16.11%	15.15%	8.06%
Operating Margin	10.03%	9.78%	6.07%	10.53%	11.25%	10.88%	0.00%	13.06%	14.78%	14.11%	7.02%
EBIT Margin	9.15%	8.72%	5.01%	10.02%	10.76%	10.41%	0.00%	14.47%	14.96%	14.04%	6.90%
Profit (Net Income) Margin	10.18%	11.69%	9.96%	9.67%	10.53%	82.94%	0.00%	10.05%	11.59%	7.77%	3.28%
Tax Burden Percent	87.98%	100.63%	126.05%	73.19%	76.09%	633.34%	0.00%	58.92%	65.72%	47.43%	37.20%
Interest Burden Percent	126.43%	133.33%	157.78%	131.94%	128.56%	125.83%	0.00%	117.79%	117.93%	116.70%	127.55%
Effective Tax Rate	12.02%	-0.63%	-26.05%	26.81%	23.91%	-533.34%	0.00%	41.08%	34.28%	52.57%	62.80%
Return on Invested Capital (ROIC)	10.62%	0.00%	10.04%	11.51%	0.00%	0.00%	0.00%	11.88%	25.53%	8.61%	3.71%
ROIC Less NNEP Spread (ROIC-NNEP)	9.71%	0.00%	8.81%	10.62%	0.00%	0.00%	0.00%	10.97%	24.17%	8.13%	3.41%
Return on Net Nonoperating Assets (RNNOA)	-3.18%	0.00%	-3.50%	-4.98%	0.00%	0.00%	0.00%	-5.67%	-11.91%	-3.53%	-1.56%
Return on Equity (ROE)	7.44%	0.00%	6.53%	6.53%	0.00%	0.00%	0.00%	6.21%	13.62%	5.09%	2.15%
Cash Return on Invested Capital (CROIC)	9.54%	-7.97%	4.16%	13.07%	200.00%	-27.99%	4.98%	7.81%	-142.37%	9.79%	14.21%
Operating Return on Assets (OROA)	4.56%	0.00%	2.32%	5.01%	0.00%	0.00%	0.00%	7.01%	13.58%	6.92%	3.26%
Return on Assets (ROA)	5.07%	0.00%	4.62%	4.84%	0.00%	0.00%	0.00%	4.86%	10.52%	3.83%	1.55%
Return on Common Equity (ROCE)	7.44%	0.00%	6.53%	6.53%	0.00%	0.00%	0.00%	6.21%	13.62%	5.09%	2.15%
Return on Equity Simple (ROE_SIMPLE)	9.40%	0.00%	0.00%	7.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	31	36	29	31	36	301	0.00	37	48	34	14
NOPAT Margin	8.82%	9.85%	7.65%	7.71%	8.56%	68.92%	0.00%	7.69%	9.71%	6.69%	2.61%
Net Nonoperating Expense Percent (NNEP)	0.91%	1.12%	1.22%	0.89%	2.35%	6.66%	0.00%	0.91%	1.36%	0.48%	0.30%
Return On Investment Capital (ROIC_SIMPLE)	-	1.88%	-	-	0.00%	11.77%	0.00%	1.36%	1.73%	1.25%	0.53%
Cost of Revenue to Revenue	18.30%	18.59%	18.87%	18.72%	18.60%	18.93%	0.00%	17.85%	18.18%	18.59%	19.07%
SG&A Expenses to Revenue	12.72%	11.84%	12.43%	11.27%	11.71%	11.32%	0.00%	11.80%	9.81%	10.14%	11.36%
R&D to Revenue	21.06%	21.94%	22.13%	21.94%	22.81%	22.55%	0.00%	22.66%	23.28%	23.39%	24.56%
Operating Expenses to Revenue	71.67%	71.63%	75.06%	70.75%	70.15%	70.19%	0.00%	69.09%	67.05%	67.30%	73.91%
Earnings before Interest and Taxes (EBIT)	32	32	19	40	45	45	0.00	69	74	72	37
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	46	37	33	54	59	49	6.65	76	80	78	43
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	7.61	8.41	6.82	6.43	0.00	6.34	5.38	6.13	5.26	4.75	4.22
Price to Tangible Book Value (P/TBV)	31.15	29.43	21.85	19.24	0.00	13.55	11.21	12.45	10.36	9.46	8.91
Price to Revenue (P/Rev)	10.57	0.00	9.61	8.89	0.00	0.00	8.31	9.31	7.89	6.76	5.46
Price to Earnings (P/E)	80.95	0.00	88.90	85.79	0.00	0.00	29.18	33.56	28.86	70.80	67.80
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	1.24%	0.00%	1.12%	1.17%	0.00%	0.00%	3.43%	2.98%	3.47%	1.41%	1.47%
Enterprise Value to Invested Capital (EV/IC)	11.82	13.54	11.36	12.23	0.00	10.10	8.89	11.64	9.39	7.87	7.07
Enterprise Value to Revenue (EV/Rev)	10.03	0.00	8.99	8.17	0.00	0.00	7.62	8.53	7.15	6.12	4.86
Enterprise Value to EBITDA (EV/EBITDA)	72.66	279.11	74.54	68.58	0.00	272.52	58.00	61.87	49.88	41.53	35.52
Enterprise Value to EBIT (EV/EBIT)	104.80	0.00	109.35	99.41	0.00	0.00	73.93	74.16	56.79	45.44	38.91
Enterprise Value to NOPAT (EV/NOPAT)	86.89	0.00	100.36	96.21	0.00	0.00	33.34	38.77	32.60	78.77	73.63
Enterprise Value to Operating Cash Flow (EV/OCF)	36.82	41.75	34.02	25.76	0.00	35.34	28.19	30.39	26.13	23.72	17.45
Enterprise Value to Free Cash Flow (EV/FCFF)	126.59	0.00	283.20	93.40	14.48	0.00	200.97	168.59	0.00	80.46	48.53
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.33	-0.36	-0.40	-0.47	-0.39	-0.41	-0.44	-0.52	-0.49	-0.43	-0.46
Leverage Ratio	1.62	1.60	1.71	1.59	1.54	1.51	1.63	1.54	1.47	1.48	1.64
Compound Leverage Factor	2.05	2.13	2.69	2.09	1.99	1.90	0.00	1.81	1.73	1.72	2.09
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	0.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	8.86	8.96	6.39	7.28	0.00	8.52	6.24	7.97	7.57	6.67	4.44
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.29	1.34	1.28	1.36	0.00	1.50	1.40	1.50	1.59	1.56	1.35
Quick Ratio	1.13	1.19	1.14	1.20	0.00	1.33	1.26	1.33	1.41	1.39	1.20
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-16	-51	-54	35	1,136	-67	-324	-264	-1,361	31	83
Operating Cash Flow to CapEx	1,340.98%	0.00%	1,264.86%	6,869.34%	673.41%	0.00%	943.05%	3,513.44%	764.68%	516.04%	1,621.73%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.50	0.00	0.46	0.50	0.00	0.00	0.45	0.48	0.91	0.49	0.47
Accounts Receivable Turnover	5.78	0.00	2.74	6.19	0.00	0.00	2.77	6.62	0.00	4.49	3.02
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	27.98	0.00	26.76	28.35	0.00	0.00	29.58	30.32	0.00	32.98	30.01
Accounts Payable Turnover	23.70	0.00	12.29	56.00	0.00	0.00	13.15	55.65	0.00	36.22	24.80
Days Sales Outstanding (DSO)	63.13	0.00	133.35	58.92	0.00	0.00	131.84	55.16	0.00	81.21	120.68
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	15.40	0.00	29.70	6.52	0.00	0.00	27.76	6.56	0.00	10.08	14.72
Cash Conversion Cycle (CCC)	47.73	0.00	103.65	52.40	0.00	0.00	104.09	48.61	0.00	71.13	105.96
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,100	1,131	1,132	1,000	0.00	1,499	1,456	1,301	1,409	1,502	1,387
Invested Capital Turnover	1.20	0.00	1.31	1.49	0.00	0.00	1.31	1.54	2.63	1.29	1.42
Increase / (Decrease) in Invested Capital	47	87	83	-3.83	-1,100	368	324	301	1,409	3.16	-69
Enterprise Value (EV)	13,004	15,318	12,863	12,236	15,929	15,137	12,949	15,148	13,239	11,820	9,805
Market Capitalization	13,705	16,100	13,746	13,303	15,929	16,191	14,114	16,545	14,608	13,067	11,029
Book Value per Share	$6.14	$6.50	$6.81	$6.95	$0.00	$8.55	$8.76	$9.00	$9.22	$9.12	$8.76
Tangible Book Value per Share	$1.50	$1.86	$2.13	$2.33	$0.00	$4.00	$4.21	$4.43	$4.68	$4.58	$4.15
Total Capital	1,802	1,914	2,015	2,068	0.00	2,553	2,621	2,698	2,779	2,749	2,611
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-702	-783	-883	-1,067	0.00	-1,054	-1,165	-1,397	-1,369	-1,247	-1,224
Capital Expenditures (CapEx)	2.75	0.00	10	3.36	3.51	0.00	17	7.68	4.19	6.55	14
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-456	-455	-490	-639	0.00	-481	-563	-727	-635	-515	-618
Debt-free Net Working Capital (DFNWC)	245	328	347	373	0.00	527	550	619	680	674	554
Net Working Capital (NWC)	245	328	347	373	0.00	527	550	619	680	674	554
Net Nonoperating Expense (NNE)	-4.78	-6.75	-8.80	-7.86	-8.23	-61	0.00	-11	-9.29	-5.56	-3.52
Net Nonoperating Obligations (NNO)	-702	-783	-883	-1,067	0.00	-1,054	-1,165	-1,397	-1,369	-1,247	-1,224
Total Depreciation and Amortization (D&A)	14	5.45	14	14	14	3.98	6.65	6.46	5.70	5.73	6.16
Debt-free, Cash-free Net Working Capital to Revenue	-35.19%	0.00%	-34.26%	-42.71%	0.00%	0.00%	-33.15%	-40.92%	-34.28%	-26.64%	-30.60%
Debt-free Net Working Capital to Revenue	18.91%	0.00%	24.24%	24.93%	0.00%	0.00%	32.39%	34.85%	36.68%	34.88%	27.47%
Net Working Capital to Revenue	18.91%	0.00%	24.24%	24.93%	0.00%	0.00%	32.39%	34.85%	36.68%	34.88%	27.47%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.12	$0.14	$0.14	$0.13	$0.00	$1.21	$0.00	$0.16	$0.19	$0.13	$0.06
Adjusted Weighted Average Basic Shares Outstanding	293.65M	294.87M	294.05M	297.36M	0.00	298.65M	298.38M	300.15M	301.56M	301.13M	300.10M
Adjusted Diluted Earnings per Share	$0.12	$0.14	$0.13	$0.13	$0.00	$1.19	$0.00	$0.16	$0.19	$0.13	$0.06
Adjusted Weighted Average Diluted Shares Outstanding	297.79M	299.25M	299.28M	300.97M	0.00	303.47M	303.60M	304.16M	304.30M	303.25M	303.73M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	294.39M	296.00M	297.34M	297.91M	0.00	299.35M	299.67M	301.51M	301.49M	298.25M	291.48M
Normalized Net Operating Profit after Tax (NOPAT)	31	25	16	31	36	33	0.00	37	48	51	26
Normalized NOPAT Margin	8.82%	6.85%	4.25%	7.71%	8.56%	7.62%	0.00%	7.69%	9.71%	9.88%	4.92%
Pre Tax Income Margin	11.57%	11.62%	7.90%	13.22%	13.83%	13.10%	0.00%	17.05%	17.64%	16.38%	8.80%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	31.31%	0.00%	0.00%	35.69%	34.30%	35.07%	161.22%	294.28%

Financials Breakdown Chart

Key Financial Trends

Dynatrace’s latest quarter showed solid revenue growth and strong cash generation, but profitability remains pressured by high operating spending and aggressive share repurchases. Over the last four years, the company has steadily grown revenue, expanded gross profit, and built a very large cash position. At the same time, operating expenses have risen quickly, keeping net margins relatively thin for a software company with this scale.

Revenue continues to grow at a healthy pace. Q4 2026 revenue rose to $531.7 million from $515.5 million in Q3 2026 and $436.2 million in Q3 2025, showing that demand is still expanding.
Gross profit remains strong. Gross profit in Q4 2026 was $430.3 million, or about 80.9% of revenue, which is consistent with a high-margin software model.
Operating cash flow is robust. Dynatrace generated $226.4 million in operating cash flow in Q4 2026, up from $33.8 million in the prior quarter and $162.8 million in Q4 2025.
The balance sheet is still in excellent shape. As of Q3 2026, the company held $1.09 billion in cash and equivalents plus $96.8 million in short-term investments, against $1.35 billion in total liabilities.
Deferred revenue is a meaningful support for future sales. Current deferred revenue was $924.7 million in Q3 2026, suggesting a sizable amount of subscription revenue already contracted.
Free cash generation appears healthy. Even after capital spending and buybacks, Dynatrace has continued to produce positive net cash flow over time.
EPS has improved from last year’s weaker levels. Q4 2026 diluted EPS was $0.06, versus $0.05 in Q3 2025, while Q3 2026 diluted EPS was $0.13 and Q2 2026 was $0.19, reflecting a choppy but generally improving earnings profile.
Share count is relatively stable, but buybacks remain substantial. The company repurchased $223.7 million of common equity in Q4 2026 and $160.0 million in Q3 2026, which may help offset dilution, but also uses a lot of cash.
Operating expenses are consuming a large share of revenue. In Q4 2026, total operating expenses were $393.0 million, or about 73.9% of revenue, leaving only modest operating income.
Net income remains relatively small compared with revenue. Q4 2026 net income was just $17.4 million, which is thin for a company generating over half a billion dollars in quarterly sales.

Longer-term trend: Revenue has moved up steadily from $267.3 million in Q1 2023 to $531.7 million in Q4 2026, while quarterly net income has generally improved from very low levels. The biggest takeaway is that Dynatrace has excellent recurring revenue characteristics and a strong balance sheet, but it still needs better operating leverage to turn that growth into materially higher profitability.

Bottom line: Dynatrace looks financially stable and cash-rich, with good top-line momentum and strong deferred revenue. Investors should watch whether management can slow expense growth and convert revenue expansion into stronger operating margins.

05/28/26 03:32 AM ETAI Generated. May Contain Errors.

Dynatrace Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Dynatrace's financial year ends in March. Their financial year 2026 ended on March 31, 2026.

Dynatrace's net income appears to be on an upward trend, with a most recent value of $162.67 million in 2026, rising from $9.22 million in 2018. The previous period was $483.68 million in 2025. View Dynatrace's forecast to see where analysts expect Dynatrace to go next.

Dynatrace's total operating income in 2026 was $245.39 million, based on the following breakdown:

Total Gross Profit: $1.65 billion
Total Operating Expenses: $1.40 billion

Over the last 8 years, Dynatrace's total revenue changed from $398.05 million in 2018 to $2.02 billion in 2026, a change of 407.1%.

Dynatrace's total liabilities were at $1.80 billion at the end of 2026, a 18.8% increase from 2025, and a 18.0% decrease since 2019.

In the past 7 years, Dynatrace's cash and equivalents has ranged from $51.31 million in 2019 to $1.10 billion in 2026, and is currently $1.10 billion as of their latest financial filing in 2026.

Over the last 8 years, Dynatrace's book value per share changed from 0.00 in 2018 to 8.76 in 2026, a change of 875.6%.

Related Companies

Financial statements for NYSE:DT last updated on 5/22/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Dynatrace (DT) Financials

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Dynatrace (DT) Financials

Annual Income Statements for Dynatrace

Quarterly Income Statements for Dynatrace

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Quarterly Cash Flow Statements for Dynatrace

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Quarterly Balance Sheets for Dynatrace

Annual Metrics And Ratios for Dynatrace

Quarterly Metrics And Ratios for Dynatrace

Financials Breakdown Chart

Key Financial Trends

Dynatrace Financials - Frequently Asked Questions

When does Dynatrace's fiscal year end?

How has Dynatrace's net income changed over the last 8 years?

What is Dynatrace's operating income?

How has Dynatrace's revenue changed over the last 8 years?

How much debt does Dynatrace have?

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How has Dynatrace's book value per share changed over the last 8 years?

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