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Dynatrace, Inc. (DT) SEC Filing 10-K Annual Report for the fiscal year ending Thursday, March 31, 2022

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Dynatrace, Inc.

CIK: 1773383 Ticker: DT
Exhibit 99.1
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Dynatrace Reports Fourth Quarter and Full Year Fiscal 2022 Financial Results
Delivers Adjusted ARR growth of 35% year-over-year

WALTHAM, Mass, May 18, 2022 (Business Wire) - Software intelligence company Dynatrace (NYSE: DT) today released financial results for the fourth quarter and full year fiscal 2022 ended March 31, 2022. Dynatrace also announced today that Kevin Burns, its Chief Financial Officer, will be leaving at the end of calendar year 2022. Dynatrace has initiated a search for a new CFO, and Mr. Burns will work to ensure a smooth transition of his duties once a new CFO is appointed.

“Dynatrace delivered an extremely strong fourth quarter, closing out fiscal 2022 with 35% Adjusted ARR growth for the second straight year,” said Rick McConnell, Chief Executive Officer. “I am proud of the Dynatrace team for having now crossed the $1 billion dollar threshold in annualized revenue during the quarter, all while delivering strong profitability and free cash flow. Digital transformation and cloud migration trends continue to grow at a rapid pace and serve as the foundation for significant future growth. The combination of our material ongoing innovation coupled with expanding routes to market with key partnerships provides Dynatrace with strong momentum to capture the sizable market opportunity ahead of us.”

All growth rates are compared to the fourth quarter and full year of fiscal 2021 unless otherwise noted.

Fourth Quarter Fiscal 2022 Financial Highlights:
Total ARR of $995 million, Adjusted ARR growth of 35% year-over-year
Total Revenue of $253 million, up 31% on a constant currency basis
Subscription Revenue of $235 million, up 31% on a constant currency basis
GAAP Operating Income of $18 million and Non-GAAP Operating Income of $58 million
GAAP EPS of $0.00 and non-GAAP EPS of $0.17, on a dilutive basis

Full Year Fiscal 2022 Financial Highlights:
Total Revenue of $929 million, up 32% on a constant currency basis
Subscription Revenue of $870 million, 32% on a constant currency basis
GAAP Operating Income of $81 million and Non-GAAP Operating Income of $234 million
GAAP EPS of $0.18 and non-GAAP EPS of $0.68, on a dilutive basis
Unlevered Free Cash Flow of $234 million, or 25% of revenue

Business Highlights:
Platform innovation: Delivered general availability of the Dynatrace® platform as native SaaS on Microsoft Azure and Google Cloud Platform in addition to existing availability through Amazon Web Services. Enhanced the Dynatrace® Application Security Module with real-time attack blocking capabilities. Enabled development teams to bring higher quality, more secure code to market faster by making Dynatrace observability, application security, and advanced AIOps capabilities available as code.

Go-to-market momentum: Grew new logos by 21% in fiscal 2022, adding 205 new logos to the Dynatrace® platform in the fourth quarter, for a total of 706 new logos added this year. Sustained a net expansion rate at or above 120% for the sixteenth consecutive quarter.

Partnership expansion: New ARR transacted through hyperscaler partnerships, including AWS, Google, Microsoft, more than tripled compared to the same period last year. Deloitte selected the Dynatrace platform to power its expanded observability practice (announced today). Enhanced Dynatrace Partner Program with new DevSecOps Automation Partner Program, enabling partners to extend the value of their solutions through seamless integrations with the Dynatrace® platform and providing DevSecOps teams with easy access to the industry’s leading solutions.




The following information was filed by Dynatrace, Inc. (DT) on Wednesday, May 18, 2022 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Dynatrace, Inc.'s 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Audit Information
Cover
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income (Loss)
Consolidated Statements Of Operations
Consolidated Statements Of Shareholders??? Equity/Member???S Deficit
Accrued Expenses
Accrued Expenses (Details)
Accrued Expenses (Tables)
Business Combinations
Business Combinations (Details)
Commitments And Contingencies
Description Of The Business
Employee Benefit Plan
Employee Benefit Plan (Details)
Geographic Information
Geographic Information (Tables)
Geographic Information - Summary Of Property And Equipment (Details)
Goodwill And Other Intangible Assets, Net
Goodwill And Other Intangible Assets, Net (Tables)
Goodwill And Other Intangible Assets, Net - Narrative (Details)
Goodwill And Other Intangible Assets, Net - Schedule Of Future Amortization Expense (Details)
Goodwill And Other Intangible Assets, Net - Schedule Of Goodwill (Details)
Goodwill And Other Intangible Assets, Net - Schedule Of Intangible Assets (Details)
Income Taxes
Income Taxes (Tables)
Income Taxes - Deferred Tax Assets And Liabilities (Details)
Income Taxes - Income Tax Provision (Details)
Income Taxes - Narrative (Details)
Income Taxes - Reconciliation Of Unrecognized Tax Benefits (Details)
Income Taxes - Schedule Of Income Before Income Taxes (Details)
Income Taxes - Tax Rate Reconciliation (Details)
Leases
Leases (Tables)
Leases - Narrative (Details)
Leases - Schedule Of Lease Expense (Details)
Leases - Schedule Of Maturities Of Lease Liabilities (Details)
Leases - Schedule Of Supplemental Cash Flow Information (Details)
Long-Term Debt
Long-Term Debt (Tables)
Long-Term Debt - Maturities Of Outstanding Debt (Details)
Long-Term Debt - Narrative (Details)
Long-Term Debt - Schedule Of Long-Term Debt (Details)
Net Income (Loss) Per Share
Net Income (Loss) Per Share (Tables)
Net Income (Loss) Per Share - Antidilutive Securities Excluded From Computation Of Earnings Per Share (Details)
Net Income (Loss) Per Share - Narrative (Details)
Net Income (Loss) Per Share - Summary Of Basic And Diluted Net Loss Per Share (Details)
Prepaid Expenses And Other Current Assets
Prepaid Expenses And Other Current Assets (Details)
Prepaid Expenses And Other Current Assets (Tables)
Property And Equipment, Net
Property And Equipment, Net (Tables)
Property And Equipment, Net - Narrative (Details)
Property And Equipment, Net - Table (Details)
Related Party Debt
Related Party Debt (Details)
Related Party Transactions
Related Party Transactions (Details)
Restructuring Activities
Restructuring Activities - Narrative (Details)
Revenue Recognition
Revenue Recognition (Tables)
Revenue Recognition - Deferred Revenue (Narrative) (Details)
Revenue Recognition - Remaining Performance Obligations (Narrative) (Details)
Revenue Recognition - Schedule Of Deferred Commissions (Details)
Revenue Recognition - Schedule Of Disaggregation Of Revenue (Details)
Share-Based Compensation
Share-Based Compensation (Tables)
Share-Based Compensation - Narrative (Details)
Share-Based Compensation - Option Activity (Details)
Share-Based Compensation - Schedule Of Compensation Expense (Details)
Share-Based Compensation - Schedule Of Fair Value Assumptions (Details)
Share-Based Compensation - Schedule Of Restricted Activity (Details)
Significant Accounting Policies
Significant Accounting Policies (Policies)
Significant Accounting Policies (Tables)
Significant Accounting Policies - Accounts Receivable, Net (Details)
Significant Accounting Policies - Basis Of Presentation And Consolidation (Details)
Significant Accounting Policies - Business Combinations (Details)
Significant Accounting Policies - Capitalized Software (Details)
Significant Accounting Policies - Impairment Of Long-Lived Assets (Details)
Significant Accounting Policies - Initial Public Offering (Details)
Significant Accounting Policies - Property And Equipment (Details)
Significant Accounting Policies - Revenue Recognition (Details)
Significant Accounting Policies - Segment Information (Details)
Significant Accounting Policies - Share-Based Compensation (Details)
Significant Accounting Policies Significant Accounting Policies - Advertising (Details) (Details)
Ticker: DT
CIK: 1773383
Form Type: 10-K Annual Report
Accession Number: 0001773383-22-000053
Submitted to the SEC: Thu May 26 2022 7:54:51 AM EST
Accepted by the SEC: Thu May 26 2022
Period: Thursday, March 31, 2022
Industry: Prepackaged Software

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