Dynatrace, Inc. DT
Dynatrace combines broad and deep observability, continuous runtime application security, and advanced agentic AI operations to deliver answers and intelligent automation across IT operations, development, security, business, and executive teams. This unified approach enables organizations to optimize their rapidly evolving AI, cloud, and IT operations, accelerate secure software delivery, and improve digital performance. Our vision is a world where software works perfectly.
The Dynatrace platform is built to scale, partnering and integrating seamlessly into hybrid, multicloud ecosystems, including major hyperscalers such as Amazon Web Services ("AWS"), Microsoft Azure ("Azure"), and Google Cloud Platform ("GCP"), as well as traditional on-premises and mainframe solutions.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- North America
- Europe, Middle East and Africa
- Asia Pacific
- Latin America
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| North America | $1.02B | $876.8M | $739.7M |
| Europe, Middle East and Africa | $648.9M | $526.4M | $432.9M |
| Asia Pacific | $193.1M | $161.8M | $141.4M |
| Latin America | $158.9M | $133.7M | $116.5M |
As the company reported it, from the “Revenue Recognition - Schedule of Disaggregation of Revenue (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.02B | $1.70B | $1.43B | $1.16B | $929.4M | $703.5M | $545.8M | $431.0M | $398.0M | — |
| Cost of revenue | $372.2M | $320.2M | $266.5M | $222.9M | $172.9M | $127.7M | $128.9M | $106.8M | $96.5M | — |
| Gross profit | $1.65B | $1.38B | $1.16B | $935.6M | $756.6M | $575.8M | $416.9M | $324.2M | $301.5M | — |
| R&D | $474.3M | $384.6M | $304.7M | $218.3M | $156.3M | $111.4M | $119.3M | $76.8M | $58.3M | — |
| SG&A | $217.4M | $195.3M | $174.4M | $150.2M | $126.6M | $92.2M | $162.0M | $91.8M | $64.1M | — |
| Total operating expenses | $1.40B | $1.20B | $1.04B | $842.8M | $675.3M | $483.9M | $588.8M | $396.9M | $323.3M | — |
| Operating income | $245.4M | $179.4M | $128.4M | $92.8M | $81.3M | $91.9M | -$171.9M | -$72.7M | -$21.8M | — |
| Interest expense | $800.0K | $1.0M | $1.4M | $8.6M | $10.4M | — | — | — | — | — |
| Pre-tax income | $299.8M | $223.4M | $154.9M | $90.0M | $71.7M | $77.9M | -$218.5M | -$139.9M | -$51.8M | — |
| Income tax | $137.1M | $260.3M | $283.0K | $18.0M | $19.2M | $2.1M | $195.3M | $23.7M | $61.0M | — |
| Net income | $163.0M | $484.0M | $155.0M | $108.0M | $52.0M | $75.7M | -$413.8M | -$116.2M | $9.2M | — |
| EPS, basic | 0.54 | 1.62 | 0.53 | 0.38 | 0.18 | 0.27 | -1.56 | — | — | — |
| EPS, diluted | 0.54 | 1.59 | 0.52 | 0.37 | 0.18 | 0.26 | -1.56 | — | — | — |
| Shares, diluted (wtd. avg.) | 303.7M | 303.6M | 299.3M | 291.6M | 290.9M | 286.5M | 264.9M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.10B | $1.02B | $779.0M | $555.3M | $463.0M | $325.0M | $213.2M | $51.3M | $77.6M | $57.9M |
| Short-term investments | $74.9M | $96.2M | $57.9M | $0 | — | — | — | — | — | — |
| Receivables | $710.2M | $624.4M | $602.7M | $442.5M | $350.7M | $242.1M | $157.1M | $115.4M | — | — |
| Total current assets | $2.12B | $1.93B | $1.61B | $1.12B | $948.4M | $680.3M | $487.8M | $213.2M | — | — |
| Property, plant and equipment | $73.0M | $61.5M | $53.3M | $53.6M | $45.3M | $36.9M | $31.5M | $17.9M | — | — |
| Goodwill | $1.35B | $1.34B | $1.34B | $1.28B | $1.28B | $1.27B | $1.27B | $1.27B | — | — |
| Other intangibles | $22.9M | $25.5M | $51.0M | $63.6M | $105.7M | $149.5M | $201.6M | $259.1M | — | — |
| Total assets | $4.42B | $4.14B | $3.41B | $2.77B | $2.54B | $2.26B | $2.05B | $1.81B | — | — |
| Accounts payable | $2.7M | $27.3M | $21.4M | $22.0M | $22.7M | $9.6M | $11.1M | $6.6M | — | — |
| Short-term debt | — | — | — | — | $0 | $0 | $0 | $9.5M | — | — |
| Total current liabilities | $1.57B | $1.38B | $1.26B | $1.04B | $865.6M | $647.9M | $490.2M | $950.9M | — | — |
| Long-term debt | — | — | — | $0 | $273.9M | $391.9M | $510.0M | $1.01B | — | — |
| Total liabilities | $1.80B | $1.52B | $1.39B | $1.16B | $1.24B | $1.14B | $1.08B | $2.20B | — | — |
| Retained earnings | $447.6M | $284.9M | -$198.8M | -$353.4M | -$461.3M | -$513.8M | -$589.8M | -$176.0M | — | — |
| Total equity | $2.61B | $2.62B | $2.02B | $1.60B | $1.30B | $1.11B | $965.7M | -$390.3M | -$268.7M | -$264.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $561.9M | $459.4M | $378.1M | $354.9M | $250.9M | $220.4M | -$142.5M | $147.1M | $118.8M | — |
| Depreciation and amortisation | $18.4M | $19.2M | $15.5M | $12.5M | $10.6M | $9.0M | $7.9M | $7.3M | $8.8M | — |
| Stock-based compensation | $299.6M | $271.7M | $208.9M | $146.9M | $99.5M | $57.8M | $222.5M | $71.2M | $22.3M | — |
| Capital expenditure | $32.2M | $26.1M | $26.5M | $21.5M | $17.7M | $14.1M | $19.7M | $7.4M | $11.6M | — |
| Investing cash flow | -$15.7M | -$69.3M | -$193.0M | -$21.5M | -$30.9M | -$13.9M | -$20.6M | -$9.2M | -$26.5M | — |
| Financing cash flow | -$474.1M | -$151.6M | $50.7M | -$232.3M | -$80.7M | -$97.8M | $329.4M | -$161.5M | -$75.5M | — |
| Buybacks | $478.7M | $172.6M | $0 | $0 | — | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001773383-26-000031.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $398.0M | $431.0M | $545.8M | $703.5M | $929.4M | $1.16B | $1.43B | $1.70B | $2.02B |
| Gross profit | — | $301.5M | $324.2M | $416.9M | $575.8M | $756.6M | $935.6M | $1.16B | $1.38B | $1.65B |
| Net income | — | $9.2M | -$116.2M | -$413.8M | $75.7M | $52.0M | $108.0M | $155.0M | $484.0M | $163.0M |
Recent filings and events
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Item 5.02
- Regulation FD disclosure Item 7.01
- Officer or director change Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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