NYSE$DT

Dynatrace Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Dynatrace's Q1 2025 financial results surpassed expectations, demonstrating strong growth and profitability.

Dynatrace reported a strong first quarter for fiscal year 2025, exceeding guidance across all key metrics. The company achieved significant ARR growth, driven by the strength of its end-to-end observability platform and its 'power of 3' approach to AI.

  • ARR increased by 19% year-over-year, or 20% on a constant currency basis, reaching $1,541 million.
  • Total revenue grew by 20% year-over-year, or 21% on a constant currency basis, totaling $399 million.
  • GAAP operating margin was 11%, while non-GAAP operating margin reached 29%.
  • The company launched several new platform extensions and expanded its product capabilities, including Kubernetes Security Posture Management.

Headline financials

Total Revenue

$412M

Previous: $333M+23.8%
EPS

$0.13

Previous: $0.27-51.9%
Total ARR

$1.54B

Previous: $1.29B+19.1%
Capital Expenditures

-$3.36M

Previous: -$10.3M+67.3%
Free Cash Flow

$35.3M

Previous: $27.9M+26.3%
Net Income

$38.6M

Previous: $38.2M+1.1%
Operating Income

$42M

Previous: $34.3M+22.6%
Gross Profit

$324M

Previous: $271M+19.9%
R&D Expense

$87.6M

No prior period
Stock-Based Comp

$57.7M

Previous: $40.5M+42.3%

Revenue & EPS history

Dynatrace · Revenue · Quarterly

$412M

Q1 2025+23.8%vs Q1 2024
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Revenue by segment

Dynatrace · $352M total across 2 segments · Q2 2024

  • Subscription
    $334M+28.0%
  • Service
    $17.2M-4.5%

Forward guidance

Dynatrace is issuing guidance for the second quarter and maintaining its previous guidance for full year fiscal 2025. We now expect foreign exchange to be a headwind of approximately $12 million on ARR and approximately $10 million on revenue for fiscal 2025.

Tailwinds

  • Total revenue Q2 Fiscal 2025 Guidance: $404 - $407 million, As reported 15% - 16%, Constant currency 16% - 17%
  • Subscription revenue Q2 Fiscal 2025 Guidance: $388 - $390 million, As reported 16% - 17%, Constant currency 17% - 18%
  • Non-GAAP income from operations Q2 Fiscal 2025 Guidance: $113 - $116 million
  • Non-GAAP operating margin Q2 Fiscal 2025 Guidance: 28% - 28.5%
  • Non-GAAP net income Q2 Fiscal 2025 Guidance: $96 - $99 million

Headwinds

  • ARR Fiscal 2025 Guidance: $1,720 - $1,735 million, As reported 14% - 15%, Constant currency 15% - 16%
  • Total revenue Fiscal 2025 Guidance: $1,644 - $1,658 million, As reported 15% - 16%, Constant currency 16% - 17%
  • Subscription revenue Fiscal 2025 Guidance: $1,571 - $1,585 million, As reported 16% - 17%, Constant currency 16% - 17%
  • Non-GAAP income from operations Fiscal 2025 Guidance: $459 - $467 million
  • Non-GAAP operating margin Fiscal 2025 Guidance: 28%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.6%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+4.2%

Avg return

30 days after

57%

16 / 28 earnings

Positive

+20.5%

Q3 2023

Best reaction

-21.8%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-15.1%+1.6%+4.0%
Q3 2026+7.3%+10.4%+11.5%
Q2 2026-4.3%-5.9%-10.4%
Q1 2026-0.1%-8.9%-1.0%
Q4 2025+6.0%+5.4%+4.9%
Q3 2025+0.7%+3.4%-0.2%
Q2 2025-6.4%-5.4%+3.2%
Q1 2025+16.8%+16.1%+23.9%
Q4 2024+4.4%+4.2%-1.1%
Q3 2024-11.3%-14.2%-22.8%
Q2 2024+7.3%+9.8%+23.5%
Q1 2024-13.5%-12.5%-12.7%
Q4 2023+5.1%+5.0%+9.4%
Q3 2023+20.5%+20.6%+12.8%
Q2 2023-2.7%-1.2%+14.3%
Q1 2023+6.3%+9.7%-4.1%
Q4 2022+12.5%+15.8%+17.2%
Q3 2022-21.8%-16.0%-26.4%
Q2 2022-4.6%-4.9%-19.0%
Q1 2022+2.0%+2.6%+7.2%
Q4 2021-1.9%+2.8%+22.2%
Q3 2021+17.6%+27.5%+13.4%
Q2 2021-11.4%-15.4%-5.8%
Q1 2021+4.0%+1.6%+6.2%
Q4 2020-1.7%-1.4%+5.8%
Q3 2020+11.8%+5.4%+12.6%
Q2 2020+9.3%+12.3%+43.5%
Q1 2020+7.1%-6.9%-13.9%
Q4 2019
Q3 2019
Q2 2018
Q1 2018
Q4 2018
Q3 2017

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