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Dec 31, 2021
Dynatrace Q3 2022 Earnings Report
Dynatrace's Q3 2022 financial results were reported, demonstrating strong performance driven by new logo additions and a net expansion rate above 120%.
Key Takeaways
Dynatrace reported a strong third quarter in fiscal year 2022, exceeding guidance across key operating metrics. ARR reached $930 million, up 29% year-over-year, and subscription revenue grew by 33% to $226 million. The company added 206 new logos and saw increased partner influence in new transactions.
ARR reached $930 million, a 29% increase year-over-year (32% on a constant currency basis).
Total revenue was $241 million, up 32% year-over-year (33% on a constant currency basis).
Subscription revenue increased by 33% to $226 million, representing 94% of total revenue.
GAAP EPS was $0.05, and non-GAAP EPS was $0.18 on a diluted basis.
Dynatrace
Dynatrace
Dynatrace Revenue by Segment
Revenue by Segment
Subscription Revenue
CapyFin.comService Revenue
CapyFin.com Forward Guidance
Dynatrace is issuing guidance for the fourth quarter and raising guidance for full year fiscal 2022.
Positive Outlook
- Total revenue for Q4 Fiscal 2022 is expected to be $245 - $247 million.
- Subscription revenue for Q4 Fiscal 2022 is expected to be $230.5 - $232 million.
- Non-GAAP operating income for Q4 Fiscal 2022 is expected to be $51.5 - $53.5 million.
- Non-GAAP net income for Q4 Fiscal 2022 is expected to be $44 - $45.5 million.
- Non-GAAP net income per diluted share for Q4 Fiscal 2022 is expected to be $0.15 - $0.16.
Revenue & Expenses
Visualization of income flow from segment revenue to net income