NYSE$DT
Dynatrace Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Dynatrace's financial performance was strong, marked by significant ARR growth and successful expansion in the cloud application security market.
Dynatrace reported strong third-quarter fiscal year 2021 results, with a 35% year-over-year increase in ARR and a 28% increase in total revenue. The company also expanded its strategic partnerships with Google Cloud Platform and Microsoft Azure.
- ARR increased by 35% year-over-year, reaching $722.0 million.
- Subscription revenue grew by 33% year-over-year, totaling $170.3 million.
- GAAP EPS was reported at $0.06, and non-GAAP EPS at $0.17 on a dilutive basis.
- Dynatrace entered the Cloud Application Security market, estimating a $18 billion TAM over time.
Headline financials
Revenue & EPS history
Dynatrace · Revenue · Quarterly
$183M
Revenue by segment
Dynatrace · $183M total across 2 segments · Q3 2021
- Subscription$170M+32.5%93.2%
- Service$12.3M+13.4%6.8%
Forward guidance
Dynatrace is issuing guidance for the fourth quarter and raising guidance for full year fiscal 2021.
Tailwinds
- Total revenue is expected to be in the range of $190 million to $192 million for Q4 2021.
- Subscription revenue is expected to be in the range of $178 million to $180 million for Q4 2021.
- Non-GAAP operating income is expected to be in the range of $44 million to $46 million for Q4 2021.
- Non-GAAP net income is expected to be in the range of $38 million to $40 million for Q4 2021.
- Total ARR is expected to be in the range of $756 million to $760 million for fiscal year 2021.
Headwinds
- Guidance factors in the expected impacts of COVID‑19 on the business.
- Outlook assumes a continued challenging economic environment.
- Many customers and prospects are operating under very challenging circumstances and may reduce or re-evaluate their spend.
- Significant variation from these assumptions could cause the company to raise, lower or modify expectations and guidance.
- Reconciliation of non-GAAP operating income, non-GAAP net income, non-GAAP net income per share and unlevered free cash flow guidance to the most directly comparable GAAP measures is not available without unreasonable efforts on a forward-looking basis due to the high variability, complexity and low visibility with respect to the charges excluded from these non-GAAP measures
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 Q3 2021
+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
| Quarter | Report date | Reaction (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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