NYSE$DT

Dynatrace Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Dynatrace's fourth quarter performance was strong, exceeding guidance across all key operating metrics, led by ARR growth.

Dynatrace released its Q4 fiscal year 2021 financial results, showing a strong performance with ARR growth of 35% year-over-year and total revenue increase of 31%. The company's subscription revenue also increased by 35%, representing 93% of total revenue.

  • ARR reached $774 million, up 35% year-over-year.
  • Subscription revenue was $183 million, up 35% year-over-year.
  • GAAP EPS was $0.09 and non-GAAP EPS was $0.15 on a dilutive basis.
  • Released the Cloud Automation Module, providing automated AI-powered continuous delivery.

Headline financials

Total Revenue

$197M

Previous: $151M+30.5%
EPS (adj)

$0.15

Previous: $0.11+36.4%
Total ARR

$774M

Previous: $573M+35.1%
Capital Expenditures

$5.21M

Previous: $4.58M+13.8%
Free Cash Flow

$80.7M

Previous: $60.1M+34.3%
Net Income

$27M

Previous: $46.7M-42.3%
Operating Income

$21M

Previous: $8.04M+161.4%
Gross Profit

$161M

Previous: $119M+34.9%
Cash & Equivalents

$325M

Previous: $213M+52.4%
Total Assets

$2.26B

Previous: $2.05B+10.2%
Stock-Based Comp

$14.7M

Previous: $12.8M+14.8%

Revenue & EPS history

Dynatrace · Revenue · Quarterly

$197M

Q4 2021+30.5%vs Q4 2020
Beat estimate in 10 of 11 quarters(91%)
ActualEstimate

Revenue by segment

Dynatrace · $197M total across 2 segments · Q4 2021

  • Subscription
    $183M+35.2%
  • Service
    $13.6M

Forward guidance

Dynatrace is issuing guidance for the first quarter fiscal 2022 and full year fiscal 2022.

Tailwinds

  • Total revenue is expected to be in the range of $202 to $204 million, 30% to 31% growth as reported, and 25% to 26% on a constant currency basis
  • Subscription revenue is expected to be in the range of $190.5 to $192 million, 32% to 33% growth as reported, 27% to 28% on a constant currency basis
  • Non-GAAP operating income is expected to be in the range of $49 to $51 million
  • Non-GAAP net income is expected to be in the range of $41 to $43 million
  • Non-GAAP net income per diluted share is expected to be in the range of $0.14 to $0.15, based on a range of 291 to 292 million diluted weighted-average shares outstanding

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 Q4 2021

Historical avgQ4 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

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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