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Dynatrace DT Operating margin

Operating margin at other companies

Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
23.4%+3.1pp
Datadog, Inc. logo
Datadog, Inc.DDOG
-1.4%
Palantir Technologies Inc. logo
Palantir Technologies Inc.PLTR
38.1%+25.1pp
Zscaler logo
ZscalerZS
-4.7%-0.1pp
MicroStrategy logo
MicroStrategyMSTR
518.9%

Other financials

Income statement

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Revenue$531.7M+19.4%
Gross profit$430.3M+19.5%
Operating income$37.3M-13.0%
Net income$17.4M-55.7%
EPS (diluted)$0.06-50.0%

Balance sheet

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Cash & equivalents$1.1B+7.9%
Total debt$164.3M+118%
Total equity$2.6B-0.4%
Total assets$4.4B+6.7%

Cash flow

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Operating cash flow$226.4M+39.1%
CapEx$14.0M-4.2%
Free cash flow$212.4M+43.3%

Valuation

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Market cap$12.07B-21.9%
Enterprise value$11.14B-23.4%
P/E74.2×+42.3×
P/S-3.1×

Profitability

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Gross margin81.6%+0.4pp
Net margin8.1%-20.4pp
FCF margin26.2%+0.7pp

Returns & leverage

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Return on equity6.2%-14.6pp
Debt / equity0.1×0.0×
Current ratio1.4×0.0×

Where this comes from

Calculated from Dynatrace’s reported figures.

Based on trailing twelve months.

The official record: Dynatrace’s 10-K, filed May 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dynatrace's operating margin?
Dynatrace (DT) reported operating margin of 12.2% in Q1 2026.
How has Dynatrace's operating margin changed year-over-year?
Dynatrace's operating margin increased by 15.1% year-over-year, from 10.6% to 12.2%.
What is the long-term trend for Dynatrace's operating margin?
Over 5 years (2021 to 2026), Dynatrace's operating margin has grown at a -1.4% compound annual growth rate (CAGR), from 13.1% to 12.2%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.