Dynatrace, Inc. is an American multinational technology company that provides an AI-powered observability platform. Their software is used to monitor, analyze, and optimize application performance, software development, cyber security practices, IT infrastructure, and user experience.3 Its shares trade on NYSE under the symbol DT.1Wikipedia text CC BY-SA 4.0
Dynatrace, Inc. is an American multinational technology company that provides an AI-powered observability platform. Their software is used to monitor, analyze, and optimize application performance, software development, cyber security practices, IT infrastructure, and user experience.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Revenue11121314156$2.0B in 2026+368% since 2019Gross profit11121314156$1.6B in 2026+408% since 2019Operating income11121314156$245.4M in 2026Net income11121314156$162.7M in 2026
Revenue161718$554.5M in Q1 FY2026+12% since Q2 FY2025Gross profit161718$451.1M in Q1 FY2026+12% since Q2 FY2025Operating income161718$71.5M in Q1 FY2026−2% since Q2 FY2025Net income161718$36.7M in Q1 FY2026−36% since Q2 FY2025
Every line of the income statement as filed: the last 3 fiscal years, latest first.6
Period ending
2026-03-31
2025-03-31
2024-03-31
Total revenue
$2.0B
$1.7B
$1.4B
Amortization of acquired technology
$3.5M
$13.3M
$16.3M
Total cost of revenue
$372.2M
$320.2M
$266.5M
Gross profit
$1.6B
$1.4B
$1.2B
Research and development
$474.3M
$384.6M
$304.7M
Sales and marketing
$690.5M
$605.6M
$534.2M
General and administrative
$217.4M
$195.3M
$174.4M
Amortization of other intangibles
$56.0K
$13.5M
$22.3M
Impairment of long-lived assets
$18.5M
$0
$0
Total operating expenses
$1.4B
$1.2B
$1.0B
Income from operations
$245.4M
$179.4M
$128.4M
Interest income, net
$47.7M
$48.3M
$37.3M
Other income (expense), net
$6.6M
-$4.3M
-$10.8M
Income before income taxes
$299.8M
$223.4M
$154.9M
Income tax (expense) benefit
-$137.1M
$260.3M
-$283.0K
Net income
$162.7M
$483.7M
$154.6M
Basic (in dollars per share)
$0.54
$1.62
$0.53
Diluted (in dollars per share)
$0.54
$1.59
$0.52
Basic (in shares)
300.1M shares
298.4M shares
294.1M shares
Diluted (in shares)
303.7M shares
303.6M shares
299.3M shares
No quarter-by-quarter statement was filed.
Total assets1911121314156$4.4B in 2026+144% since 2019Total liabilities1911121314156$1.8B in 2026−18% since 2019Shareholders’ equity121314156$2.6B in 2026Cash1911121314156$1.1B in 2026+2038% since 2019Long-term debt19111213$0 in 2023
Total assets161718$4.1B in Q1 FY2026+1% since Q2 FY2025Total liabilities161718$1.7B in Q1 FY2026+27% since Q2 FY2025Shareholders’ equity161718$2.5B in Q1 FY2026−12% since Q2 FY2025Cash161718$1.1B in Q1 FY2026−14% since Q2 FY2025
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.6
Period ending
2026-03-31
2025-03-31
2024-03-31
2023-03-31
Cash and cash equivalents
$1.1B
$1.0B
Short-term marketable securities
$74.9M
$96.2M
Accounts receivable, net
$710.2M
$624.4M
Deferred contract costs, current
$127.5M
$109.9M
Prepaid expenses and other current assets
$113.7M
$83.9M
Total current assets
$2.1B
$1.9B
Long-term marketable securities
$51.9M
$51.6M
Property and equipment, net
$73.0M
$61.5M
Operating lease right-of-use asset, net
$139.3M
$67.5M
Goodwill
$1.4B
$1.3B
Intangible assets, net
$22.9M
$25.5M
Deferred tax assets, net
$508.7M
$529.5M
Deferred contract costs, non-current
$113.1M
$95.3M
Other assets
$33.1M
$40.8M
Total assets
$4.4B
$4.1B
Accounts payable
$2.7M
$27.3M
Accrued expenses, current
$302.3M
$252.5M
Deferred revenue, current
$1.2B
$1.1B
Operating lease liabilities, current
$22.6M
$14.0M
Total current liabilities
$1.6B
$1.4B
Deferred revenue, non-current
$53.4M
$51.0M
Accrued expenses, non-current
$38.2M
$24.5M
Operating lease liabilities, non-current
$141.7M
$61.4M
Deferred tax liabilities
$1.9M
$419.0K
Total liabilities
$1.8B
$1.5B
Common shares, $0.001 par value, 600,000,000 shares authorized, 286,053,276 and 283,130,238 shares issued and outstanding at March 31, 2022 and 2021, respectively
$295.0K
$300.0K
Additional paid-in capital
$2.2B
$2.4B
Retained earnings
$447.6M
$284.9M
Accumulated other comprehensive loss
-$36.0M
-$34.6M
Total shareholders' equity
$2.6B
$2.6B
$2.0B
$1.6B
Total liabilities and shareholders' equity
$4.4B
$4.1B
Common shares, par value (in dollars per share)
$0.00
$0.00
Common shares, authorized (in shares)
600.0M shares
600.0M shares
Common shares, issued (in shares)
294.7M shares
299.8M shares
Common shares, outstanding (in shares)
294.7M shares
299.8M shares
Period ending
2026-03-31
2025-03-31
2024-03-31
2023-03-31
Cash and cash equivalents
$1.1B
$1.0B
Short-term marketable securities
$74.9M
$96.2M
Accounts receivable, net
$710.2M
$624.4M
Deferred contract costs, current
$127.5M
$109.9M
Prepaid expenses and other current assets
$113.7M
$83.9M
Total current assets
$2.1B
$1.9B
Long-term marketable securities
$51.9M
$51.6M
Property and equipment, net
$73.0M
$61.5M
Operating lease right-of-use asset, net
$139.3M
$67.5M
Goodwill
$1.4B
$1.3B
Intangible assets, net
$22.9M
$25.5M
Deferred tax assets, net
$508.7M
$529.5M
Deferred contract costs, non-current
$113.1M
$95.3M
Other assets
$33.1M
$40.8M
Total assets
$4.4B
$4.1B
Accounts payable
$2.7M
$27.3M
Accrued expenses, current
$302.3M
$252.5M
Deferred revenue, current
$1.2B
$1.1B
Operating lease liabilities, current
$22.6M
$14.0M
Total current liabilities
$1.6B
$1.4B
Deferred revenue, non-current
$53.4M
$51.0M
Accrued expenses, non-current
$38.2M
$24.5M
Operating lease liabilities, non-current
$141.7M
$61.4M
Deferred tax liabilities
$1.9M
$419.0K
Total liabilities
$1.8B
$1.5B
Common shares, $0.001 par value, 600,000,000 shares authorized, 286,053,276 and 283,130,238 shares issued and outstanding at March 31, 2022 and 2021, respectively
$295.0K
$300.0K
Additional paid-in capital
$2.2B
$2.4B
Retained earnings
$447.6M
$284.9M
Accumulated other comprehensive loss
-$36.0M
-$34.6M
Total shareholders' equity
$2.6B
$2.6B
$2.0B
$1.6B
Total liabilities and shareholders' equity
$4.4B
$4.1B
Common shares, par value (in dollars per share)
$0.00
$0.00
Common shares, authorized (in shares)
600.0M shares
600.0M shares
Common shares, issued (in shares)
294.7M shares
299.8M shares
Common shares, outstanding (in shares)
294.7M shares
299.8M shares
Cash from operations11121314156$561.9M in 2026+282% since 2019Capital spending11121314156$32.2M in 2026+336% since 2019Free cash flow11121314156$529.7M in 2026+279% since 2019Share buybacks156$478.7M in 2026
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.6
Period ending
2026-03-31
2025-03-31
2024-03-31
Net income
$162.7M
$483.7M
$154.6M
Depreciation
$18.4M
$19.2M
$15.5M
Amortization
$5.6M
$28.9M
$39.4M
Share-based compensation
$299.6M
$271.7M
$208.9M
Deferred income taxes
$25.1M
-$392.9M
-$59.9M
Impairment of long-lived assets
$18.5M
$0
$0
Other
-$6.9M
$2.0M
$11.2M
Accounts receivable
-$77.1M
-$24.0M
-$161.9M
Deferred contract costs
-$31.1M
-$14.6M
-$23.5M
Prepaid expenses and other assets
-$16.0M
-$36.6M
-$47.4M
Accounts payable and accrued expenses
$25.9M
$31.5M
$37.9M
Operating leases, net
$2.4M
-$231.0K
$1.0M
Deferred revenue
$134.6M
$90.8M
$202.2M
Net cash provided by operating activities
$561.9M
$459.4M
$378.1M
Purchase of property and equipment
-$32.2M
-$26.1M
-$26.5M
Capitalized software additions
-$194.0K
-$2.7M
-$5.3M
Acquisition of businesses, net of cash acquired
-$6.0M
-$100.0K
-$57.1M
Purchases of marketable securities
-$120.3M
-$145.6M
-$104.2M
Proceeds from sales and maturities of marketable securities
$143.7M
$105.1M
$0
Other
-$750.0K
$0
$0
Net cash used in investing activities
-$15.7M
-$69.3M
-$193.0M
Proceeds from employee stock purchase plan
$24.4M
$21.2M
$19.5M
Proceeds from exercise of stock options
$6.5M
$21.0M
$31.2M
Repurchases of common stock
-$478.7M
-$172.6M
$0
Taxes paid related to net share settlement of equity awards
-$21.8M
-$19.0M
$0
Other
-$4.4M
-$2.2M
$0
Net cash (used in) provided by financing activities
-$474.1M
-$151.6M
$50.7M
Effect of exchange rates on cash and cash equivalents
$8.1M
-$418.0K
-$12.1M
Net increase in cash and cash equivalents
$80.2M
$238.1M
$223.6M
Cash paid for interest
$749.0K
$753.0K
$851.0K
Cash paid for tax, net
$117.6M
$118.0M
$81.4M
Excise taxes on repurchases of common stock in accrued expenses
$1.7M
$0
$0
Capitalized software additions in accounts payable and accrued expenses
Dynatrace sits at the top of its group. 41 entities, 31 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Dynatrace
PICTET ASSET MANAGEMENT SAFiled SCHEDULE 13D/A on Dynatrace, latest Sep 25, 2026 (6 filings since Jan 16, 2026)
Dynatrace de Mexico S. de R.L. de C.V. Subsidiary · Mexico
Dynatrace Estonia OU Subsidiary · Estonia
Dynatrace Finland Oy Subsidiary · Finland
Dynatrace GK Subsidiary · Japan
Dynatrace Global Finance GmbH Subsidiary · Boston, Massachusetts, United States
Dynatrace Global Holdings GmbH Subsidiary · Switzerland
Dynatrace Global Software GmbH Subsidiary · Boston, Massachusetts, United States
Dynatrace Subsidiary · Bruxelles, Belgium
Dynatrace B.V. Subsidiary · Utrecht, Netherlands
Dynatrace GmbH Subsidiary · Zurich, Switzerland
Dynatrace Global Technology GmbH Subsidiary · Boston, Massachusetts, United States
Dynatrace GmbH Subsidiary · München, Germany
Dynatrace India Software Operations Private Limited Subsidiary · India
Dynatrace Ireland Limited Subsidiary · Ireland
Dynatrace Israel Ltd. Subsidiary · Israel
Dynatrace Korea Ltd. Subsidiary · South Korea
DYNATRACE LLC Subsidiary · Boston, Massachusetts, United States
DYNATRACE INDIA SOFTWARE OPERATIONS PRIVATE LIMITED Subsidiary · Bangalore, India
Dynatrace International LLC Subsidiary · Boston, Massachusetts, United States
DYNATRACE Subsidiary · Boulogne-Billancourt, France
Dynatrace Austria GmbH Subsidiary · Linz, Austria
Dynatrace Malaysia Sdn. Bhd. Subsidiary · Malaysia
Dynatrace Middle East FZ-LLC Subsidiary · United Arab Emirates
Dynatrace Peru S.A.C. Subsidiary · Peru
and 8 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Dynatrace reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Our corporate headquarters is located in Boston, Massachusetts and consists of approximately 25,000 square feet of space under a lease that expires in 2032. Our primary research and development facility is located in Linz, Austria and consists of approximately 93,000 square feet of space, with a 157,000 square foot expansion planned for occupancy later in 2026, under a lease that expires in 2036. We also lease other facilities in the United States and internationally, the largest of which in the United States are in Denver, Colorado and Detroit, Michigan, and the largest of which internationally are in Vienna, Austria and Gdansk, Poland. We believe that our facilities are adequate to meet our needs for the immediate future and that we will be able to secure additional space to accommodate expansion of our operations.
Dynatrace was founded in 2005 in Linz, Austria as dynaTrace Software GmbH. The company was acquired by Compuware in 2011, then taken private by Thoma Bravo in 2014 and renamed Dynatrace. In 2015, it merged with Keynote Systems. The company went public on the New York Stock Exchange in 2019.
Platform components include infrastructure monitoring, applications and microservices monitoring, log management and analytics, application security, digital experience, business observability, AI observability, and cloud automation.
OneAgent: Automated data collection
SmartScape: Continuously updated topology mapping
PurePath: Code-level distributed tracing
Read the full text
AppEngine: Low-code app development for observability/security/business data
AutomationEngine: Automated DevOps workflows
Grail data lakehouse: Indexless, schema-on-read storage for analytics with DQL query language
Dynatrace Intelligence: Causal AI, predictive analytics, generative AI for root-cause analysis and AI observability predictive analytics, and generative AI.
The platform includes the Dynatrace Hub for publishing specific observability applications and integrations with more than 900 technologies including AWS, Docker, Java, and Prometheus.
In October 2022, Dynatrace introduced Grail, a data lakehouse that underpins the platform's log management and analytics capabilities, allowing logs to be stored and queried alongside metrics and traces.
Dynatrace also offers AI observability for monitoring LLMs and AI agents in production. In August 2026, the company announced it would acquire Arize, developer of the Arize AX platform for evaluating LLM applications, to expand these capabilities.
Dynatrace provides multicloud observability to both SaaS and managed service deployment models, in partnership with service providers including Amazon Web Services, Microsoft Azure, and Google Cloud Platform.
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
541 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 50 major events, 320 insider forms, 31 large holders, 120 other. The latest 20:
137 open-market trades by officers, directors and large owners since October 2021: 6 buys and 131 sales. Grants, option exercises and gifts are left out.
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
From the cover page of the 10-K filed May 20, 2026 (Section 12(b) of the Exchange Act).20
Risk factors and legal proceedings
The risks Dynatrace names in Item 1A of its 10-K filed May 20, 2026: 49 risks under these headings, as written.20
Risks Related to Our Business and Industry
We have experienced rapid revenue growth in recent periods, which may not be indicative of our future growth.
Overall demand and market adoption of the solutions that we offer may not grow as we expect, which may harm our business and prospects.
The markets in which we operate are highly competitive, which may adversely affect our ability to add new customers, retain existing customers, and grow our business.
If we fail to innovate and do not continue to develop and effectively market solutions that anticipate and respond to the needs of our customers, our business, operating results, and financial condition may suffer.
If we are unable to acquire new customers or retain and expand our relationships with existing customers, our future revenues and operating results will be harmed.
Failure to effectively expand our sales and marketing capabilities could harm our ability to execute on our business plan, increase our customer base, and achieve broader market acceptance of our applications.
If we are unable to maintain successful relationships with our partners, or if our partners fail to perform, our ability to market, sell, and distribute our applications and services will be limited, and our business, operating results, and financial condition could be harmed.
If our platform and solutions do not effectively interoperate with our customers’ existing or future IT infrastructures, installations of our solutions could be delayed or canceled, which would harm our business.
If the prices we charge for our solutions and services are unacceptable to our customers, our operating results will be harmed.
We believe the Dynatrace brand is integral to our future success and if we fail to cost-effectively maintain and enhance awareness of our company, our business and competitive position may be harmed.
Our sales cycles can be long, unpredictable and vary seasonally, which can cause significant variation in the number and size of transactions that close in a particular quarter.
The other 38 risks
Our quarterly and annual operating results may be adversely affected due to a variety of factors, which could make our future results difficult to predict.
Our ability to succeed depends on the experience and expertise of our senior management team. If we are unable to attract, retain, and motivate our leadership team, our business, operating results, and prospects may be harmed.
We rely on highly skilled personnel and if we are unable to attract, retain, or motivate substantial numbers of qualified personnel or expand and train our personnel, we may not be able to grow effectively.
We may acquire other businesses, products, or technologies in the future which could require significant management attention, disrupt our business or result in operating difficulties, dilute stockholder value, and adversely affect our results of operations.
Any failure to offer high-quality customer support and professional services may adversely affect our relationships with our customers and our financial results.
We believe that our corporate culture has contributed to our success, and if we cannot successfully maintain our culture as we grow, we could lose the innovation, creativity, and teamwork fostered by our culture.
Our sales to government entities are subject to a number of challenges and risks.
Risks Related to AI, IT, IP, and Data Security and Privacy
Our use of new and evolving technologies, including AI in our offerings and business, may present risks and challenges that can impact our business, including by posing cybersecurity, operational, and other risks to our confidential and/or proprietary information, including personal information, and as a result we may be exposed to reputational harm and liability.
Security breaches, computer malware, computer hacking attacks, and other security incidents or compromises could harm our business, reputation, brand, and operating results.
Interruptions or disruptions with the delivery of our SaaS solutions, or third-party cloud-based systems that we depend on in our operations, may adversely affect our business, operating results, and financial condition.
Real or perceived errors, failures, defects, or vulnerabilities in our solutions could adversely affect our financial results and growth prospects.
Assertions by third parties of infringement or other violations by us of their IP rights, or other lawsuits brought against us, could result in significant costs and substantially harm our business, operating results, and financial condition.
Failure to protect and enforce our proprietary technology and IP rights could substantially harm our business, operating results, and financial condition.
Our use of open source technology could impose limitations on our ability to commercialize our solutions and platform.
Our participation in open source initiatives may limit our ability to enforce our IP rights in certain circumstances.
Any actual or perceived failure by us to comply with stringent and evolving privacy laws or regulatory requirements in one or multiple jurisdictions, privacy, and information security policies and/or contractual obligations could result in proceedings, actions, or penalties against us.
Risks Related to Global Operations and Global Economic Conditions
We are subject to a number of risks associated with global sales and operations.
Continued uncertainty in the U.S. and global economies, particularly Europe, along with uncertain geopolitical conditions, could negatively affect sales of our offerings and services and could harm our operating results.
We may face exposure to foreign currency exchange rate fluctuations.
Risks Related to Legal, Tax, Regulatory, and Accounting Matters
Tax matters, including changes in tax laws, rules, regulations, and treaties, could impact our effective tax rate and our results of operations.
We are subject to governmental export and import controls and economic sanctions laws that could impair our ability to compete in international markets and subject us to liability if we are not in compliance with applicable laws.
Due to the global nature of our business, we could be adversely affected by violations of anti-bribery and similar laws in other jurisdictions in which we operate.
Our revenue recognition policy and other factors may distort our financial results in any given period and make them difficult to predict.
Changes in existing financial accounting standards or practices may harm our operating results.
Because we recognize revenue from our SaaS subscriptions and term licenses over the subscription or license term, downturns or upturns in new sales and renewals may not be immediately reflected in our operating results and may be difficult to discern.
Our Credit Facility contains restrictions that impact our business and expose us to risks that could adversely affect our liquidity and financial condition.
Risks Related to Our Common Stock
We are and may continue to be subject to shareholder activism, proxy contests, and pressure for strategic alternatives that could disrupt our business and divert management resources.
The trading price of our common stock has been, and may continue to be, volatile and you could lose all or part of your investment.
If our internal controls over financial reporting or our disclosure controls and procedures are not effective, we may not be able to accurately report our financial results, prevent fraud or file our periodic reports in a timely manner, which may cause investors to lose confidence in our reported financial information and may lead to a decline in our stock price.
Sales of substantial amounts of our common stock in the public markets, or the perception that such sales could occur, could reduce the market price of our common stock.
Our issuance of additional capital stock in connection with financings, acquisitions, investments, our stock incentive plans, or otherwise will dilute all other stockholders.
We cannot guarantee that our share repurchase program will be fully consummated or will enhance long-term stockholder value, and share repurchases could increase the volatility of the trading price of our common stock and diminish our cash reserves.
We do not intend to pay dividends on our common stock and, consequently, your ability to achieve a return on your investment will depend on appreciation in the price of our common stock.
Our charter and bylaws contain anti-takeover provisions that could delay or discourage takeover attempts that stockholders may consider favorable.
We may issue preferred stock, the terms of which could adversely affect the voting power or value of our common stock.
Our bylaws designate certain specified courts as the sole and exclusive forum for certain disputes between us and our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers, or employees.
General Risk Factors
Catastrophic events could materially interrupt or disrupt our business and others with which we conduct business.
Climate change risks, regulatory compliance, and evolving stakeholder expectations may have a long-term negative impact on our business.
Legal proceedings
We are, from time to time, party to legal proceedings and subject to claims in the ordinary course of business. Although the outcome of legal proceedings and claims cannot be predicted with certainty, we currently believe that the resolution of any such matters will not have a material adverse effect on our business, operating results, financial condition, or cash flows. Regardless of the outcome, legal proceedings and claims can have an adverse impact on us because of defense and settlement costs, diversion of management resources, and other factors.
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