Revenue: As of FY2026, the actual value is USD 2.018 B, beating the estimate of USD 2.007 B.EPS: As of FY2026, the actual value is USD 0.54, missing the estimate of USD 0.6225.EBIT: As of FY2026, the actual value is USD 197.59 M.<h4>Revenue</h4><ul><li>Total Revenue<ul><li>For the fiscal year ended March 31, 2026, total revenue was $2,018,387 thousand, representing a 19% increase year-over-year .</li><li>For the fiscal year ended March 31, 2025, total revenue was $1,698,683 thousand .</li><li>For the fiscal year ended March 31, 2024, total revenue was $1,430,530 thousand, representing a 23% increase year-over-year .</li></ul></li><li>Subscription Revenue<ul><li>For the fiscal year ended March 31, 2026, subscription revenue was $1,929,722 thousand, a 19% increase year-over-year .</li><li>For the fiscal year ended March 31, 2025, subscription revenue was $1,622,163 thousand .</li><li>For the fiscal year ended March 31, 2024, subscription revenue was $1,359,354 thousand .</li></ul></li><li>Service Revenue<ul><li>For the fiscal year ended March 31, 2026, service revenue was $88,665 thousand, a 16% increase year-over-year .</li><li>For the fiscal year ended March 31, 2025, service revenue was $76,520 thousand .</li><li>For the fiscal year ended March 31, 2024, service revenue was $71,176 thousand .</li></ul></li></ul><h4>Gross Profit and Gross Margin</h4><ul><li>Total Gross Profit<ul><li>For the fiscal year ended March 31, 2026, total gross profit was $1,646,183 thousand, a 19% increase year-over-year .</li><li>For the fiscal year ended March 31, 2025, total gross profit was $1,378,491 thousand .</li><li>For the fiscal year ended March 31, 2024, total gross profit was $1,164,077 thousand .</li></ul></li><li>Total Gross Margin<ul><li>The total gross margin was 82% for the fiscal year ended March 31, 2026 .</li><li>The total gross margin was 81% for the fiscal year ended March 31, 2025 .</li><li>The total gross margin was 81% for the fiscal year ended March 31, 2024 .</li></ul></li><li>Subscription Gross Margin<ul><li>The subscription gross margin was 85% for the fiscal year ended March 31, 2026 .</li><li>The subscription gross margin was 86% for the fiscal year ended March 31, 2025 .</li></ul></li><li>Service Gross Margin<ul><li>The service gross margin was 5% for the fiscal year ended March 31, 2026 .</li><li>The service gross margin was 4% for the fiscal year ended March 31, 2025 .</li></ul></li></ul><h4>Operating Expenses</h4><ul><li>Research and Development<ul><li>Research and development expenses totaled $474,312 thousand for the fiscal year ended March 31, 2026, a 23% increase year-over-year .</li><li>For the fiscal year ended March 31, 2025, these expenses were $384,572 thousand .</li><li>For the fiscal year ended March 31, 2024, these expenses were $304,739 thousand .</li></ul></li><li>Sales and Marketing<ul><li>Sales and marketing expenses were $690,489 thousand for the fiscal year ended March 31, 2026, a 14% increase year-over-year .</li><li>For the fiscal year ended March 31, 2025, these expenses were $605,599 thousand .</li><li>For the fiscal year ended March 31, 2024, these expenses were $534,233 thousand .</li></ul></li><li>General and Administrative<ul><li>General and administrative expenses amounted to $217,414 thousand for the fiscal year ended March 31, 2026, an 11% increase year-over-year .</li><li>For the fiscal year ended March 31, 2025, these expenses were $195,347 thousand .</li><li>For the fiscal year ended March 31, 2024, these expenses were $174,412 thousand .</li></ul></li><li>Amortization of Acquired Technology<ul><li>Amortization of acquired technology was $3,488 thousand for the fiscal year ended March 31, 2026, a -74% decrease year-over-year .</li><li>For the fiscal year ended March 31, 2025, this amortization was $13,262 thousand .</li><li>For the fiscal year ended March 31, 2024, this amortization was $16,265 thousand .</li></ul></li><li>Amortization of Other Intangibles<ul><li>Amortization of other intangibles was $56 thousand for the fiscal year ended March 31, 2026, a -100% decrease year-over-year .</li><li>For the fiscal year ended March 31, 2025, this amortization was $13,540 thousand .</li><li>For the fiscal year ended March 31, 2024, this amortization was $22,293 thousand .</li></ul></li><li>Impairment of Long-Lived Assets<ul><li>Impairment of long-lived assets was $18,525 thousand for the fiscal year ended March 31, 2026 .</li><li>No impairment was recorded for the fiscal years ended March 31, 2025, or March 31, 2024 .</li></ul></li></ul><h4>Income from Operations</h4><ul><li>GAAP Income from Operations<ul><li>GAAP income from operations was $245,387 thousand for the fiscal year ended March 31, 2026 .</li><li>GAAP income from operations was $179,433 thousand for the fiscal year ended March 31, 2025 .</li><li>GAAP income from operations was $128,400 thousand for the fiscal year ended March 31, 2024 .</li></ul></li><li>Non-GAAP Income from Operations<ul><li>Non-GAAP income from operations was $591,929 thousand for the fiscal year ended March 31, 2026 .</li><li>Non-GAAP income from operations was $493,540 thousand for the fiscal year ended March 31, 2025 .</li><li>Non-GAAP income from operations was $398,239 thousand for the fiscal year ended March 31, 2024 .</li></ul></li></ul><h4>Cash Flow</h4><ul><li>Net Cash Provided by Operating Activities<ul><li>Net cash provided by operating activities was $561,850 thousand for the fiscal year ended March 31, 2026 .</li><li>Net cash provided by operating activities was $459,419 thousand for the fiscal year ended March 31, 2025 .</li><li>Net cash provided by operating activities was $378,109 thousand for the fiscal year ended March 31, 2024 .</li></ul></li><li>Free Cash Flow<ul><li>Free cash flow was $529,483 thousand for the fiscal year ended March 31, 2026 .</li><li>Free cash flow was $430,617 thousand for the fiscal year ended March 31, 2025 .</li><li>Free cash flow was $346,382 thousand for the fiscal year ended March 31, 2024 .</li></ul></li></ul><h4>Unique Metrics</h4><ul><li>Annual Recurring Revenue (ARR)<ul><li>As of March 31, 2026, Annual Recurring Revenue (ARR) was $2,053,555 thousand, an 18% year-over-year increase .</li><li>As of March 31, 2025, ARR was $1,734,164 thousand, a 15% year-over-year increase .</li><li>As of March 31, 2024, ARR was $1,503,819 thousand, a 21% year-over-year increase .</li></ul></li><li>Dollar-based Net Retention Rate<ul><li>The dollar-based net retention rate was 110% as of March 31, 2026 .</li><li>The dollar-based net retention rate was 110% as of March 31, 2025 .</li><li>The dollar-based net retention rate was 111% as of March 31, 2024 .</li></ul></li></ul><h4>Outlook / Guidance</h4>Dynatrace, Inc. plans to continue investing in research and development to advance its AI-powered observability platform, focusing on agentic AI and log management offerings . The company aims to grow its customer base and strengthen existing relationships through its go-to-market strategy, partner enablement, and international expansion . Additionally, Dynatrace, Inc. intends to leverage its strategic partner ecosystem, including GSIs and hyperscaler cloud providers, to support digital transformation and resilient cloud deployments for customers .

Dynatrace | 10-K: FY2026 Revenue Beats Estimate at USD 2.018 B