NYSE$DT
Dynatrace Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Dynatrace demonstrated strong financial performance, achieving significant ARR growth and crossing the $1 billion mark in annualized revenue.
Dynatrace reported strong fourth-quarter results for fiscal year 2022, with adjusted ARR growth of 35% year-over-year. The company surpassed $1 billion in annualized revenue and maintained profitability and free cash flow.
- Total ARR reached $995 million, with adjusted ARR growth of 35% year-over-year.
- Total revenue was $253 million, representing a 31% increase on a constant currency basis.
- Subscription revenue amounted to $235 million, up 31% on a constant currency basis.
- GAAP EPS was $0.00 and non-GAAP EPS was $0.17 on a dilutive basis.
Headline financials
Revenue & EPS history
Dynatrace · Revenue · Quarterly
$253M
Revenue by segment
Dynatrace · $253M total across 2 segments · Q4 2022
- Subscription$235M+28.4%93.0%
- Service$17.6M+29.9%7.0%
Forward guidance
Dynatrace issued guidance for the first quarter and full year of fiscal 2023, with growth rates compared to the first quarter and full year of fiscal 2022.
Tailwinds
- Total ARR is expected to be between $1.25 billion and $1.265 billion.
- Total revenue is projected to be between $261 million and $263.5 million.
- Subscription revenue is anticipated to be between $244.5 million and $246.5 million.
- Non-GAAP operating income is forecasted to be between $60 million and $62 million.
- Non-GAAP net income per diluted share is expected to be between $0.17 and $0.18.
Headwinds
- The U.S. dollar has continued to strengthen, resulting in a foreign exchange headwind.
- Suspension of business in Russia and Belarus will result in a headwind of approximately $6 million on ARR and revenue for fiscal 2023.
- Growth rates for Adjusted ARR, Total revenue, and Subscription revenue are presented in constant currency to provide better visibility into the underlying growth of the business.
- Reconciliation of non-GAAP operating income, non-GAAP net income, non-GAAP net income per share and free cash flow guidance to the most directly comparable GAAP measures is not available without unreasonable efforts on a forward-looking basis.
- Variability of share-based compensation expense, employer taxes and tax deductions specific to equity compensation awards are expected to have a significant, and potentially unpredictable, impact on future GAAP financial results.
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 2022
+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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