Filing Flows › Dynatrace (DT) › Q3 FY26
Dynatrace (DT) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Feb 9, 2026
Dynatrace (DT) reported revenue of $515M for the third quarter fiscal 2026 (Q3 FY26), +18% from a year earlier and +4% from the quarter before. Operating margin was 14.1%, net earnings $40.1M (7.8% of revenue).
Dynatrace, Q3 FY26: revenue $515M (+18% year over year), operating margin 14.1%, net earnings $40.1M, operating cash flow $33.8M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $515M | +4% | +18% |
| Gross profit | $420M | +4% | +19% |
| Operating profit | $72.7M | -0.3% | +53% |
| Net earnings | $40.1M | -30% | -89% |
| Operating cash flow | $33.8M | +6% | -20% |
| Free cash flow | $27.2M | — | -28% |
What changed
Revenue was $515.5M in Q3 FY26, up 18% year over year and up 4% from the previous quarter. Subscription was the largest line at 96% of revenue. Subscription added $76.2M year over year (up 18%), 96% of the total change.
Gross margin was 81.4%, up 0.3 points from a year earlier. Operating profit was $72.7M, a 14.1% margin (up 3.2 points year over year). Of the extra revenue versus a year earlier, 32% reached operating profit, above the 11% margin then. Operating expenses grew 13% against revenue growth of 18%. The fastest-growing cost line was Research & development (+23%). Net earnings were $40.1M, down 89% year over year. The effective tax rate was 52.6%.
Operating cash flow was $33.8M (down 20% year over year), 84% of net earnings. Non-cash charges added back $5.7M of depreciation and amortization and $77.9M of share-based compensation. Working capital and other items used $89.9M. After purchase of property and equipment ($6.5M), free cash flow as the company reports it was $27.2M.
Questions
What was Dynatrace's revenue in the third quarter fiscal 2026?
Dynatrace (DT) reported revenue of $515M for the third quarter fiscal 2026 (Q3 FY26), +18% from a year earlier and +4% from the quarter before.
Was Dynatrace profitable in the third quarter fiscal 2026?
Operating profit was $72.7M (14.1% of revenue) and net earnings $40.1M.
Source: Dynatrace 10-Q on SEC EDGAR.