Filing Flows › Dynatrace (DT) › Q1 FY27 › vs Q1 FY26
Dynatrace (DT) Q1 FY27 vs Q1 FY26 (year over year)
Dynatrace's revenue rose $77.2M (+16%) from $477M in Q1 FY26 to $555M in Q1 FY27. The biggest changes: Subscription +$72.7M (+16%); Service +$4.5M (+22%). Gross margin 81.3% against 82.1% (-0.8 pts).
Dynatrace, Q1 FY27: revenue $555M (+16% year over year), operating margin 12.9%, net earnings $36.7M, operating cash flow $306M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 81.3% | 82.1% | -0.8 pts |
| Operating margin | 12.9% | 13.1% | -0.2 pts |
| Net margin | 6.6% | 10.0% | -3.4 pts |
| Free cash flow margin | 54.7% | 54.9% | -0.3 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Subscription | $530M | $458M | $72.7M | +16% |
| Service | $24.3M | $19.8M | $4.5M | +22% |
| Revenue | $555M | $477M | $77.2M | +16% |
| Gross profit | $451M | $392M | $59.0M | +15% |
| Cost of revenue | $103M | $85.2M | $18.2M | +21% |
| Other income, net | $9.3M | $19.1M | −$9.7M | -51% |
| Operating profit | $71.5M | $62.3M | $9.1M | +15% |
| Operating expenses | $380M | $330M | $49.8M | +15% |
| Pre-tax earnings | $80.8M | $81.4M | −$589K | -0.7% |
| Research & development | $136M | $108M | $27.8M | +26% |
| Sales & marketing | $182M | $165M | $16.3M | +10% |
| General & admin | $61.7M | $56.3M | $5.4M | +10% |
| Net earnings | $36.7M | $48.0M | −$11.3M | -24% |
| Income tax | $44.1M | $33.4M | $10.7M | +32% |
| Depreciation & amortization | $7.6M | $6.5M | $1.1M | +18% |
| Share-based compensation | $73.6M | $71.9M | $1.7M | +2% |
| Working capital & other | $188M | $143M | $45.0M | +31% |
| Operating cash flow | $306M | $270M | $36.5M | +14% |
| Free cash flow (OCF − capex) | $303M | $262M | $40.9M | +16% |
| Capital expenditures | $3.2M | $7.5M | −$4.3M | -58% |
Questions
How much did Dynatrace's revenue grow year over year in Q1 FY27?
Dynatrace's revenue rose $77.2M (+16%) from $477M in Q1 FY26 to $555M in Q1 FY27.
What drove Dynatrace's revenue change in Q1 FY27?
Subscription +$72.7M (+16%); Service +$4.5M (+22%).