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Mar 31, 2021

Dynatrace Q4 2021 Earnings Report

Dynatrace's fourth quarter performance was strong, exceeding guidance across all key operating metrics, led by ARR growth.

Key Takeaways

Dynatrace released its Q4 fiscal year 2021 financial results, showing a strong performance with ARR growth of 35% year-over-year and total revenue increase of 31%. The company's subscription revenue also increased by 35%, representing 93% of total revenue.

ARR reached $774 million, up 35% year-over-year.

Subscription revenue was $183 million, up 35% year-over-year.

GAAP EPS was $0.09 and non-GAAP EPS was $0.15 on a dilutive basis.

Released the Cloud Automation Module, providing automated AI-powered continuous delivery.

Total Revenue
$197M
Previous year: $151M
+30.5%
EPS
$0.15
Previous year: $0.11
+36.4%
Total ARR
$774M
Previous year: $573M
+35.1%
Gross Profit
$161M
Previous year: $119M
+34.9%
Cash and Equivalents
$325M
Previous year: $213M
+52.4%
Free Cash Flow
$80.7M
Previous year: $60.1M
+34.3%
Total Assets
$2.26B
Previous year: $2.05B
+10.2%

Dynatrace

Dynatrace

Dynatrace Revenue by Segment

Forward Guidance

Dynatrace is issuing guidance for the first quarter fiscal 2022 and full year fiscal 2022.

Positive Outlook

  • Total revenue is expected to be in the range of $202 to $204 million, 30% to 31% growth as reported, and 25% to 26% on a constant currency basis
  • Subscription revenue is expected to be in the range of $190.5 to $192 million, 32% to 33% growth as reported, 27% to 28% on a constant currency basis
  • Non-GAAP operating income is expected to be in the range of $49 to $51 million
  • Non-GAAP net income is expected to be in the range of $41 to $43 million
  • Non-GAAP net income per diluted share is expected to be in the range of $0.14 to $0.15, based on a range of 291 to 292 million diluted weighted-average shares outstanding

Revenue & Expenses

Visualization of income flow from segment revenue to net income