DT Q1 2026 Earnings
Reported Aug 6, 2025 at 6:32 AM ET · SEC Source
Q1 26 EPS
$0.42
BEAT +11.55%
Est. $0.38
Q1 26 Revenue
$477.3M
BEAT +2.05%
Est. $467.8M
vs S&P Since Q1 26
-36.4%
TRAILING MARKET
DT -20.5% vs S&P +15.9%
Market Reaction
Did DT Beat Earnings? Q1 2026 Results
Dynatrace kicked off fiscal 2026 with a decidedly strong first quarter, posting non-GAAP diluted EPS of $0.42 against a consensus estimate of $0.38, a beat of 11.55%, while revenue of $477.35 million topped expectations by 2.05% and grew 19.6% year-o… Read more Dynatrace kicked off fiscal 2026 with a decidedly strong first quarter, posting non-GAAP diluted EPS of $0.42 against a consensus estimate of $0.38, a beat of 11.55%, while revenue of $477.35 million topped expectations by 2.05% and grew 19.6% year-over-year. The primary engine behind the results was accelerating platform adoption, with Annual Recurring Revenue reaching $1.82 billion, up 18% year-over-year, and the company's DPS licensing model now accounting for over 65% of ARR as customers consolidated onto its unified observability platform. Notably, the quarter featured 12 expansion deals greater than $1 million in annual contract value, with half of those involving significant log management deployments, a product area that analysts have flagged as a key growth catalyst. Free cash flow was robust at $262.02 million, representing a 55% margin. Encouraged by the momentum, Dynatrace raised its full-year fiscal 2026 revenue guidance to $1.97 billion to $1.99 billion and lifted its non-GAAP EPS outlook to $1.58 to $1.61, signaling continued confidence in the durability of demand.
Key Takeaways
- • 12 expansion deals greater than $1 million in ACV during the quarter
- • Accelerating log management deployment with 50% of large deals featuring significant Log Management
- • DPS licensing model adoption: over 45% of customer base and over 65% of ARR
- • 10 of 12 large expansion deals involved partner collaboration
- • Subscription revenue growth of 20% YoY (19% constant currency)
DT YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
DT Revenue by Segment
With YoY comparisons, source: SEC Filings
“We delivered a strong start to the fiscal year, exceeding guidance across all our metrics, driven by a large number of seven-figure expansion deals and accelerating log management deployment.”
— Rick McConnell, Q1 2026 Earnings Press Release
DT Earnings Trends
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30-day stock return vs benchmark after each earnings
DT EPS Trend
Earnings per share: estimate vs actual
DT Revenue Trend
Quarterly revenue: estimate vs actual
DT Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 26 BEAT FY | $0.39 | $0.41 | +5.34% | $531.7M | +2.03% |
| FY Full Year | — | $1.70 | — | $2.02B | — |
| Q3 26 BEAT | $0.41 | $0.44 | +7.19% | $515.5M | +1.83% |
| Q2 26 BEAT | $0.41 | $0.44 | +7.53% | $493.8M | +1.34% |
| Q1 26 BEAT | $0.38 | $0.42 | +11.55% | $477.3M | +2.05% |